Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Takahashi Curtain WallTSE:1994 -0.64%68 Return-on-Tangible-Equity is 7.54% as of Jun. 2026, which is 21% below its 10-year median of 9.54. GuruFocus rates TSE:1994 with a GF Score™ of 68/100 and a GF Value™ of 円582.53 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,708 Construction companies, Takahashi Curtain Wall ranks worse than 55.74% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Takahashi Curtain Wall's annualized net income for the quarter that ended in Jun. 2026 was 円829 Mil. Takahashi Curtain Wall's average shareholder tangible equity for the quarter that ended in Jun. 2026 was 円11,002 Mil. Therefore, Takahashi Curtain Wall's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 7.54%.
The historical rank and industry rank for Takahashi Curtain Wall's Return-on-Tangible-Equity or its related term are showing as below:
TSE:1994'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.43 Med: 9.54 Max: 24.56
Current: 6.45
During the past 13 years, Takahashi Curtain Wall's highest Return-on-Tangible-Equity was 24.56%. The lowest was 1.43%. And the median was 9.54%.
TSE:1994's Return-on-Tangible-Equity is ranked worse than 55.74% of 1708
companies
in the Construction industry
Industry Median: 8.175
vs TSE:1994: 6.45
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Takahashi Curtain Wall Return-on-Tangible-Equity Related Terms
Takahashi Curtain Wall Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Takahashi Curtain Wall's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSE:1994 vs TT, JCI, CARR: Return-on-Tangible-Equity Comparison
For the Building Products & Equipment subindustry, Takahashi Curtain Wall's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Takahashi Curtain Wall Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Takahashi Curtain Wall's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Takahashi Curtain Wall's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.54% mean?
Takahashi Curtain Wall (TSE:1994) has a Return-on-Tangible-Equity of 7.54% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Takahashi Curtain Wall and its competitors. This is 21% below median its historical median of 9.54. Over the past decade, Takahashi Curtain Wall's Return-on-Tangible-Equity has ranged from 1.43 to 24.56. According to the industry distribution chart, Takahashi Curtain Wall ranks #952 out of 1708 companies in the Construction industry, placing it in the top 55.7%.
Is Takahashi Curtain Wall's Return-on-Tangible-Equity too high?
Takahashi Curtain Wall's current Return-on-Tangible-Equity of 7.54% is 21% below median its 10-year median of 9.54. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 24.56. The Construction industry median Return-on-Tangible-Equity is 8.18. Takahashi Curtain Wall's value of 7.54% is 7.8% below this industry median. Based on the distribution chart, Takahashi Curtain Wall ranks #952 out of 1708 companies in the Construction industry, which is below the industry midpoint. Overall, Takahashi Curtain Wall has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Takahashi Curtain Wall's Return-on-Tangible-Equity compare to TT and JCI?
According to the Construction industry distribution chart, Takahashi Curtain Wall ranks #952 out of 1708 companies for Return-on-Tangible-Equity. This places Takahashi Curtain Wall in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.18. Takahashi Curtain Wall's value of 7.54% is 7.8% below this benchmark. Historically, Takahashi Curtain Wall's own Return-on-Tangible-Equity has ranged from 1.43 to 24.56 over the past decade. While the company's 10-year median is 9.54 vs. the industry median of 8.18, Takahashi Curtain Wall has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.18, based on 1,708 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Takahashi Curtain Wall's current Return-on-Tangible-Equity of 7.54% is 7.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Takahashi Curtain Wall and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takahashi Curtain Wall's current Return-on-Tangible-Equity is 7.54%, which is 21% below median its own 10-year median of 9.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takahashi Curtain Wall stock overvalued right now?
Based on GuruFocus' analysis, Takahashi Curtain Wall (TSE:1994) is currently considered Fairly Valued. The stock's GF Value™ is 円582.53, compared to a current price of 円618.00 — trading 6.1% above its estimated fair value. The current Return-on-Tangible-Equity is 7.54%, which is 21% below median its 10-year median of 9.54 and 7.8% below the Construction industry median of 8.18. Takahashi Curtain Wall's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Takahashi Curtain Wall (TSE:1994), the current Return-on-Tangible-Equity is 7.54% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Takahashi Curtain Wall (TSE:1994) Overvalued in 2026?
Based on GuruFocus' analysis, Takahashi Curtain Wall stock appears to be overvalued.
The current stock price of 円618.00 is trading 6.1% above its estimated GF Value™ of 円582.53.
GuruFocus considers Takahashi Curtain Wall to be Fairly Valued.
Key valuation signals for TSE:1994:
Return-on-Tangible-Equity: 7.54% (21% below median its 10-year median of 9.54)
GF Value™: 円582.53 vs. price of 円618.00 (6.1% above fair value)
Industry Position: 7.8% below the Construction median (#952 of 1708)
No single metric tells the full story. See the TSE:1994 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:1994 has been successfully added to your 
