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.
CVS Bay AreaTSE:2687 -1.02%39 Return-on-Tangible-Equity is -59.12% as of Feb. 2026. GuruFocus rates TSE:2687 with a GF Score™ of 39/100 and a GF Value™ of 円608.10 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 301 Retail - Defensive companies, CVS Bay Area ranks worse than 93.36% 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. CVS Bay Area's annualized net income for the quarter that ended in Feb. 2026 was 円-2,147 Mil. CVS Bay Area's average shareholder tangible equity for the quarter that ended in Feb. 2026 was 円3,632 Mil. Therefore, CVS Bay Area's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was -59.12%.
The historical rank and industry rank for CVS Bay Area's Return-on-Tangible-Equity or its related term are showing as below:
TSE:2687'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -30.79 Med: -4.13 Max: 106.58
Current: -29.47
During the past 13 years, CVS Bay Area's highest Return-on-Tangible-Equity was 106.58%. The lowest was -30.79%. And the median was -4.13%.
TSE:2687's Return-on-Tangible-Equity is ranked worse than 93.36% of 301
companies
in the Retail - Defensive industry
Industry Median: 10.96
vs TSE:2687: -29.47
CVS Bay Area (TSE:2687) 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.
CVS Bay Area Return-on-Tangible-Equity Related Terms
CVS Bay Area Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CVS Bay Area'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:2687 vs KR: Return-on-Tangible-Equity Comparison
For the Grocery Stores subindustry, CVS Bay Area'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.
CVS Bay Area Return-on-Tangible-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, CVS Bay Area's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CVS Bay Area'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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -59.12% mean?
CVS Bay Area (TSE:2687) has a Return-on-Tangible-Equity of -59.12% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on CVS Bay Area and its competitors. According to the industry distribution chart, CVS Bay Area ranks #281 out of 301 companies in the Retail - Defensive industry, placing it in the top 93.4%.
Is CVS Bay Area's Return-on-Tangible-Equity too high?
CVS Bay Area's current Return-on-Tangible-Equity is -59.12%. Based on the distribution chart, CVS Bay Area ranks #281 out of 301 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, CVS Bay Area has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CVS Bay Area's Return-on-Tangible-Equity compare to KR?
According to the Retail - Defensive industry distribution chart, CVS Bay Area ranks #281 out of 301 companies for Return-on-Tangible-Equity. This places CVS Bay Area in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.96. 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. 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 CVS Bay Area 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. CVS Bay Area's current Return-on-Tangible-Equity is -59.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVS Bay Area stock overvalued right now?
Based on GuruFocus' analysis, CVS Bay Area (TSE:2687) is currently considered Modestly Undervalued. The stock's GF Value™ is 円608.10, compared to a current price of 円487.00 — trading 19.9% below its estimated fair value. The current Return-on-Tangible-Equity is -59.12%. CVS Bay Area's overall GF Score™ is 39/100 with 6 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 CVS Bay Area (TSE:2687), the current Return-on-Tangible-Equity is -59.12% as of Feb. 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 CVS Bay Area (TSE:2687) Overvalued in 2026?
Based on GuruFocus' analysis, CVS Bay Area stock appears to be undervalued.
The current stock price of 円487.00 is trading 19.9% below its estimated GF Value™ of 円608.10.
GuruFocus considers CVS Bay Area to be Modestly Undervalued.
Key valuation signals for TSE:2687:
Return-on-Tangible-Equity: -59.12%
GF Value™: 円608.10 vs. price of 円487.00 (19.9% below fair value)
No single metric tells the full story. See the TSE:2687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CVS Bay Area Inc engaged in operating convenience store named Lawson and business hotel named Bay Hotel. The company is also engaged in mansion front business at condominiums and reception and office butler service for enterprise, and cleaning business.
39GF Score
Get the complete analysis for TSE:2687
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:2687 has been successfully added to your 
