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CSS HOLDINGSTSE:2304 +0.21%68 Return-on-Tangible-Equity is 26.33% as of Mar. 2026, which is 323% above its 10-year median of 6.23. GuruFocus rates TSE:2304 with a GF Score™ of 68/100 and a GF Value™ of 円1,092.05 (Modestly Undervalued). Among 1,009 Business Services companies, CSS HOLDINGS ranks better than 71.56% 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. CSS HOLDINGS's annualized net income for the quarter that ended in Mar. 2026 was 円839 Mil. CSS HOLDINGS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円3,186 Mil. Therefore, CSS HOLDINGS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 26.33%.
The historical rank and industry rank for CSS HOLDINGS's Return-on-Tangible-Equity or its related term are showing as below:
TSE:2304'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.83 Med: 6.23 Max: 22.26
Current: 22.26
During the past 13 years, CSS HOLDINGS's highest Return-on-Tangible-Equity was 22.26%. The lowest was -18.83%. And the median was 6.23%.
TSE:2304's Return-on-Tangible-Equity is ranked better than 71.56% of 1009
companies
in the Business Services industry
Industry Median: 10.71
vs TSE:2304: 22.26
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.
CSS HOLDINGS Return-on-Tangible-Equity Related Terms
CSS HOLDINGS Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CSS HOLDINGS'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:2304 vs CTAS, CPRT, ULS: Return-on-Tangible-Equity Comparison
For the Specialty Business Services subindustry, CSS HOLDINGS'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.
CSS HOLDINGS Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, CSS HOLDINGS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CSS HOLDINGS'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 26.33% mean?
CSS HOLDINGS (TSE:2304) has a Return-on-Tangible-Equity of 26.33% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on CSS HOLDINGS and its competitors. This is 323% above median its historical median of 6.23. According to the industry distribution chart, CSS HOLDINGS ranks #287 out of 1009 companies in the Business Services industry, placing it in the top 28.4%.
Is CSS HOLDINGS's Return-on-Tangible-Equity too high?
CSS HOLDINGS's current Return-on-Tangible-Equity of 26.33% is 323% above median its 10-year median of 6.23. The Business Services industry median Return-on-Tangible-Equity is 10.71. CSS HOLDINGS's value of 26.33% is 145.8% above this industry median. Based on the distribution chart, CSS HOLDINGS ranks #287 out of 1009 companies in the Business Services industry, which is above the industry midpoint. Overall, CSS HOLDINGS has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CSS HOLDINGS's Return-on-Tangible-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, CSS HOLDINGS ranks #287 out of 1009 companies for Return-on-Tangible-Equity. This puts CSS HOLDINGS in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.71. CSS HOLDINGS's value of 26.33% is 145.8% above this benchmark. While the company's 10-year median is 6.23 vs. the industry median of 10.71, CSS HOLDINGS has consistently been above 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.71, based on 1,009 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. CSS HOLDINGS's current Return-on-Tangible-Equity of 26.33% is 145.8% above 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 CSS HOLDINGS and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSS HOLDINGS's current Return-on-Tangible-Equity is 26.33%, which is 323% above median its own 10-year median of 6.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSS HOLDINGS stock overvalued right now?
Based on GuruFocus' analysis, CSS HOLDINGS (TSE:2304) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,092.05, compared to a current price of 円942.00 — trading 13.7% below its estimated fair value. The current Return-on-Tangible-Equity is 26.33%, which is 323% above median its 10-year median of 6.23 and 145.8% above the Business Services industry median of 10.71. CSS HOLDINGS's overall GF Score™ is 68/100. 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 CSS HOLDINGS (TSE:2304), the current Return-on-Tangible-Equity is 26.33% as of Mar. 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 CSS HOLDINGS (TSE:2304) Overvalued in 2026?
Based on GuruFocus' analysis, CSS HOLDINGS stock appears to be undervalued.
The current stock price of 円942.00 is trading 13.7% below its estimated GF Value™ of 円1,092.05.
GuruFocus considers CSS HOLDINGS to be Modestly Undervalued.
Key valuation signals for TSE:2304:
Return-on-Tangible-Equity: 26.33% (323% above median its 10-year median of 6.23)
GF Value™: 円1,092.05 vs. price of 円942.00 (13.7% below fair value)
Industry Position: 145.8% above the Business Services median (#287 of 1009)
No single metric tells the full story. See the TSE:2304 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CSS HOLDINGS Ltd is a holding company engaged in the operation and management of its group companies. It operates Steward Business; dishwashing and management work centered on hotels and restaurants, Food Business; which handles employee cafeteria and restaurant management contracts through its subsidiaries, Space Produce Business; designs, constructs, manages, and sells items related to video, audio, broadcasting and security, and Others includes general affairs, personnel, and management related business.
68GF Score
Get the complete analysis for TSE:2304
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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