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LandixTSE:2981 -0.82%86 Return-on-Tangible-Equity is 13.23% as of Mar. 2026, which is 25% below its 10-year median of 17.62. GuruFocus rates TSE:2981 with a GF Score™ of 86/100 and a GF Value™ of 円2,000.84 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,715 Real Estate companies, Landix ranks better than 88.75% 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. Landix's annualized net income for the quarter that ended in Mar. 2026 was 円1,269 Mil. Landix's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円9,596 Mil. Therefore, Landix's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.23%.
The historical rank and industry rank for Landix's Return-on-Tangible-Equity or its related term are showing as below:
TSE:2981'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.24 Med: 17.62 Max: 20.34
Current: 20.17
During the past 9 years, Landix's highest Return-on-Tangible-Equity was 20.34%. The lowest was 9.24%. And the median was 17.62%.
TSE:2981's Return-on-Tangible-Equity is ranked better than 88.75% of 1715
companies
in the Real Estate industry
Industry Median: 4.27
vs TSE:2981: 20.17
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.
Landix Return-on-Tangible-Equity Related Terms
Landix Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Landix'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.
For the Real Estate - Development subindustry, Landix'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.
Landix Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Landix's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Landix'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 13.23% mean?
Landix (TSE:2981) has a Return-on-Tangible-Equity of 13.23% 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 Landix and its competitors. This is 25% below median its historical median of 17.62. Over the past decade, Landix's Return-on-Tangible-Equity has ranged from 9.24 to 20.34. According to the industry distribution chart, Landix ranks #193 out of 1715 companies in the Real Estate industry, placing it in the top 11.3%.
Is Landix's Return-on-Tangible-Equity too high?
Landix's current Return-on-Tangible-Equity of 13.23% is 25% below median its 10-year median of 17.62. Over the past 10 years, this metric has ranged from a low of 9.24 to a high of 20.34. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Landix's value of 13.23% is 209.8% above this industry median. Based on the distribution chart, Landix ranks #193 out of 1715 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Landix has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Landix's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Landix ranks #193 out of 1715 companies for Return-on-Tangible-Equity. This places Landix in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. Landix's value of 13.23% is 209.8% above this benchmark. Historically, Landix's own Return-on-Tangible-Equity has ranged from 9.24 to 20.34 over the past decade. While the company's 10-year median is 17.62 vs. the industry median of 4.27, Landix 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,715 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. Landix's current Return-on-Tangible-Equity of 13.23% is 209.8% 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 Landix and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Landix's current Return-on-Tangible-Equity is 13.23%, which is 25% below median its own 10-year median of 17.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Landix stock overvalued right now?
Based on GuruFocus' analysis, Landix (TSE:2981) is currently considered Fairly Valued. The stock's GF Value™ is 円2,000.84, compared to a current price of 円2,068.00 — trading 3.4% above its estimated fair value. The current Return-on-Tangible-Equity is 13.23%, which is 25% below median its 10-year median of 17.62 and 209.8% above the Real Estate industry median of 4.27. Landix's overall GF Score™ is 86/100 with 5 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 Landix (TSE:2981), the current Return-on-Tangible-Equity is 13.23% 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 Landix (TSE:2981) Overvalued in 2026?
Based on GuruFocus' analysis, Landix stock appears to be overvalued.
The current stock price of 円2,068.00 is trading 3.4% above its estimated GF Value™ of 円2,000.84.
GuruFocus considers Landix to be Fairly Valued.
Key valuation signals for TSE:2981:
Return-on-Tangible-Equity: 13.23% (25% below median its 10-year median of 17.62)
GF Value™: 円2,000.84 vs. price of 円2,068.00 (3.4% above fair value)
Industry Position: 209.8% above the Real Estate median (#193 of 1715)
No single metric tells the full story. See the TSE:2981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Landix Inc engages in real estate development, real estate matching, and consulting business. The company also provides custom-made housing matching and consulting services, mainly in the Jonan areas of Setagaya, Meguro, Ota, Shibuya, Minato, and Shinagawa. The Group has two reporting segments, Sumuzu Business and Leasing Business.
86GF Score
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