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Kakiyasu Honten CoTSE:2294 +0.86%58 Return-on-Tangible-Equity is 8.58% as of Apr. 2026, which is 16% below its 10-year median of 10.17. GuruFocus rates TSE:2294 with a GF Score™ of 58/100 and a GF Value™ of 円2,769.51 (Fairly Valued). The stock has 2 warning signs investors should review. Among 301 Retail - Defensive companies, Kakiyasu Honten Co ranks worse than 69.1% 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. Kakiyasu Honten Co's annualized net income for the quarter that ended in Apr. 2026 was 円1,270 Mil. Kakiyasu Honten Co's average shareholder tangible equity for the quarter that ended in Apr. 2026 was 円14,805 Mil. Therefore, Kakiyasu Honten Co's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 8.58%.
The historical rank and industry rank for Kakiyasu Honten Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:2294'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.78 Med: 10.17 Max: 12.15
Current: 5.47
During the past 13 years, Kakiyasu Honten Co's highest Return-on-Tangible-Equity was 12.15%. The lowest was 1.78%. And the median was 10.17%.
TSE:2294's Return-on-Tangible-Equity is ranked worse than 69.1% of 301
companies
in the Retail - Defensive industry
Industry Median: 10.96
vs TSE:2294: 5.47
Kakiyasu Honten Co (TSE:2294) Return-on-Tangible-Equity Explanation
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.
Kakiyasu Honten Co Return-on-Tangible-Equity Related Terms
Kakiyasu Honten Co Return-on-Tangible-Equity Historical Data
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The historical data trend for Kakiyasu Honten Co'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.
Kakiyasu Honten Co Return-on-Tangible-Equity Chart
TSE:2294 vs SYY, USFD, PFGC: Return-on-Tangible-Equity Comparison
For the Food Distribution subindustry, Kakiyasu Honten Co'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.
Kakiyasu Honten Co Return-on-Tangible-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Kakiyasu Honten Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kakiyasu Honten Co'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 two times the semi-annual (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 8.58% mean?
Kakiyasu Honten Co (TSE:2294) has a Return-on-Tangible-Equity of 8.58% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Kakiyasu Honten Co and its competitors. This is 16% below median its historical median of 10.17. Over the past decade, Kakiyasu Honten Co's Return-on-Tangible-Equity has ranged from 1.78 to 12.15. According to the industry distribution chart, Kakiyasu Honten Co ranks #208 out of 301 companies in the Retail - Defensive industry, placing it in the top 69.1%.
Is Kakiyasu Honten Co's Return-on-Tangible-Equity too high?
Kakiyasu Honten Co's current Return-on-Tangible-Equity of 8.58% is 16% below median its 10-year median of 10.17. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 12.15. The Retail - Defensive industry median Return-on-Tangible-Equity is 10.96. Kakiyasu Honten Co's value of 8.58% is 21.7% below this industry median. Based on the distribution chart, Kakiyasu Honten Co ranks #208 out of 301 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Kakiyasu Honten Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kakiyasu Honten Co's Return-on-Tangible-Equity compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Kakiyasu Honten Co ranks #208 out of 301 companies for Return-on-Tangible-Equity. This places Kakiyasu Honten Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.96. Kakiyasu Honten Co's value of 8.58% is 21.7% below this benchmark. Historically, Kakiyasu Honten Co's own Return-on-Tangible-Equity has ranged from 1.78 to 12.15 over the past decade. While the company's 10-year median is 10.17 vs. the industry median of 10.96, Kakiyasu Honten Co 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 Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 10.96, based on 301 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. Kakiyasu Honten Co's current Return-on-Tangible-Equity of 8.58% is 21.7% 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 Kakiyasu Honten Co and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 10.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kakiyasu Honten Co's current Return-on-Tangible-Equity is 8.58%, which is 16% below median its own 10-year median of 10.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kakiyasu Honten Co stock overvalued right now?
Based on GuruFocus' analysis, Kakiyasu Honten Co (TSE:2294) is currently considered Fairly Valued. The stock's GF Value™ is 円2,769.51, compared to a current price of 円2,591.00 — trading 6.4% below its estimated fair value. The current Return-on-Tangible-Equity is 8.58%, which is 16% below median its 10-year median of 10.17 and 21.7% below the Retail - Defensive industry median of 10.96. Kakiyasu Honten Co's overall GF Score™ is 58/100 with 2 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 Kakiyasu Honten Co (TSE:2294), the current Return-on-Tangible-Equity is 8.58% as of Apr. 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 Kakiyasu Honten Co (TSE:2294) Overvalued in 2026?
Based on GuruFocus' analysis, Kakiyasu Honten Co stock appears to be undervalued.
The current stock price of 円2,591.00 is trading 6.4% below its estimated GF Value™ of 円2,769.51.
GuruFocus considers Kakiyasu Honten Co to be Fairly Valued.
Key valuation signals for TSE:2294:
Return-on-Tangible-Equity: 8.58% (16% below median its 10-year median of 10.17)
GF Value™: 円2,769.51 vs. price of 円2,591.00 (6.4% below fair value)
Industry Position: 21.7% below the Retail - Defensive median (#208 of 301)
No single metric tells the full story. See the TSE:2294 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kakiyasu Honten Co Ltd operates the restaurant and food business in Japan. The company is engaged in the sale of meat, prepared foods, and Japanese sweets. The company also manufactures and sells stewed beef and operates a restaurant.
58GF Score
Get the complete analysis for TSE:2294
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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