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CEDAR CoTSE:2435 -1.43%66 Return-on-Tangible-Equity is 34.06% as of Mar. 2026, which is 64% above its 10-year median of 20.80. GuruFocus rates TSE:2435 with a GF Score™ of 66/100 and a GF Value™ of 円232.52 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 580 Healthcare Providers & Services companies, CEDAR Co ranks better than 78.1% 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. CEDAR Co's annualized net income for the quarter that ended in Mar. 2026 was 円590 Mil. CEDAR Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円1,732 Mil. Therefore, CEDAR Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 34.06%.
The historical rank and industry rank for CEDAR Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:2435'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -30.67 Med: 20.8 Max: 36.74
Current: 32.18
During the past 13 years, CEDAR Co's highest Return-on-Tangible-Equity was 36.74%. The lowest was -30.67%. And the median was 20.80%.
TSE:2435's Return-on-Tangible-Equity is ranked better than 78.1% of 580
companies
in the Healthcare Providers & Services industry
Industry Median: 10.085
vs TSE:2435: 32.18
CEDAR Co (TSE:2435) 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.
CEDAR Co Return-on-Tangible-Equity Related Terms
CEDAR Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CEDAR 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.
TSE:2435 vs HCA, THC, DVA: Return-on-Tangible-Equity Comparison
For the Medical Care Facilities subindustry, CEDAR 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.
CEDAR Co Return-on-Tangible-Equity vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, CEDAR Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CEDAR 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 (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 34.06% mean?
CEDAR Co (TSE:2435) has a Return-on-Tangible-Equity of 34.06% 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 CEDAR Co and its competitors. This is 64% above median its historical median of 20.80. According to the industry distribution chart, CEDAR Co ranks #127 out of 580 companies in the Healthcare Providers & Services industry, placing it in the top 21.9%.
Is CEDAR Co's Return-on-Tangible-Equity too high?
CEDAR Co's current Return-on-Tangible-Equity of 34.06% is 64% above median its 10-year median of 20.80. The Healthcare Providers & Services industry median Return-on-Tangible-Equity is 10.09. CEDAR Co's value of 34.06% is 237.7% above this industry median. Based on the distribution chart, CEDAR Co ranks #127 out of 580 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, CEDAR Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CEDAR Co's Return-on-Tangible-Equity compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, CEDAR Co ranks #127 out of 580 companies for Return-on-Tangible-Equity. This places CEDAR Co in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.09. CEDAR Co's value of 34.06% is 237.7% above this benchmark. While the company's 10-year median is 20.80 vs. the industry median of 10.09, CEDAR Co 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Equity among Healthcare Providers & Services companies is 10.09, based on 580 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. CEDAR Co's current Return-on-Tangible-Equity of 34.06% is 237.7% 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 CEDAR Co and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Equity is 10.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEDAR Co's current Return-on-Tangible-Equity is 34.06%, which is 64% above median its own 10-year median of 20.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEDAR Co stock overvalued right now?
Based on GuruFocus' analysis, CEDAR Co (TSE:2435) is currently considered Modestly Undervalued. The stock's GF Value™ is 円232.52, compared to a current price of 円207.00 — trading 11% below its estimated fair value. The current Return-on-Tangible-Equity is 34.06%, which is 64% above median its 10-year median of 20.80 and 237.7% above the Healthcare Providers & Services industry median of 10.09. CEDAR Co's overall GF Score™ is 66/100 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 CEDAR Co (TSE:2435), the current Return-on-Tangible-Equity is 34.06% 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 CEDAR Co (TSE:2435) Overvalued in 2026?
Based on GuruFocus' analysis, CEDAR Co stock appears to be undervalued.
The current stock price of 円207.00 is trading 11% below its estimated GF Value™ of 円232.52.
GuruFocus considers CEDAR Co to be Modestly Undervalued.
Key valuation signals for TSE:2435:
Return-on-Tangible-Equity: 34.06% (64% above median its 10-year median of 20.80)
GF Value™: 円232.52 vs. price of 円207.00 (11% below fair value)
Industry Position: 237.7% above the Healthcare Providers & Services median (#127 of 580)
No single metric tells the full story. See the TSE:2435 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CEDAR Co Ltd is engaged in providing long-term care facilities in Japan. The services offered by the company include paid nursing homes, visiting nursing stations, helper stations, and care plan centers.
66GF Score
Get the complete analysis for TSE:2435
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