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Tokyo Base CoTSE:3415 -1.33%92 Return-on-Tangible-Equity is 41.79% as of Jan. 2026, which is 118% above its 10-year median of 19.20. GuruFocus rates TSE:3415 with a GF Score™ of 92/100 and a GF Value™ of 円433.21 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,058 Retail - Cyclical companies, Tokyo Base Co ranks better than 73.06% 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. Tokyo Base Co's annualized net income for the quarter that ended in Jan. 2026 was 円2,475 Mil. Tokyo Base Co's average shareholder tangible equity for the quarter that ended in Jan. 2026 was 円5,922 Mil. Therefore, Tokyo Base Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was 41.79%.
The historical rank and industry rank for Tokyo Base Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:3415'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.76 Med: 19.2 Max: 38.26
Current: 21.94
During the past 11 years, Tokyo Base Co's highest Return-on-Tangible-Equity was 38.26%. The lowest was -12.76%. And the median was 19.20%.
TSE:3415's Return-on-Tangible-Equity is ranked better than 73.06% of 1058
companies
in the Retail - Cyclical industry
Industry Median: 8.71
vs TSE:3415: 21.94
Tokyo Base Co (TSE:3415) 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.
Tokyo Base Co Return-on-Tangible-Equity Related Terms
Tokyo Base Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tokyo Base 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:3415 vs TJX, ROST, BURL: Return-on-Tangible-Equity Comparison
For the Apparel Retail subindustry, Tokyo Base 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.
Tokyo Base Co Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tokyo Base Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tokyo Base 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 four times the quarterly (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 41.79% mean?
Tokyo Base Co (TSE:3415) has a Return-on-Tangible-Equity of 41.79% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tokyo Base Co and its competitors. This is 118% above median its historical median of 19.20. According to the industry distribution chart, Tokyo Base Co ranks #285 out of 1058 companies in the Retail - Cyclical industry, placing it in the top 26.9%.
Is Tokyo Base Co's Return-on-Tangible-Equity too high?
Tokyo Base Co's current Return-on-Tangible-Equity of 41.79% is 118% above median its 10-year median of 19.20. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.71. Tokyo Base Co's value of 41.79% is 379.8% above this industry median. Based on the distribution chart, Tokyo Base Co ranks #285 out of 1058 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Tokyo Base Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Base Co's Return-on-Tangible-Equity compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Tokyo Base Co ranks #285 out of 1058 companies for Return-on-Tangible-Equity. This puts Tokyo Base Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.71. Tokyo Base Co's value of 41.79% is 379.8% above this benchmark. While the company's 10-year median is 19.20 vs. the industry median of 8.71, Tokyo Base 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.71, based on 1,058 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. Tokyo Base Co's current Return-on-Tangible-Equity of 41.79% is 379.8% 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 Tokyo Base Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Base Co's current Return-on-Tangible-Equity is 41.79%, which is 118% above median its own 10-year median of 19.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Base Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Base Co (TSE:3415) is currently considered Modestly Undervalued. The stock's GF Value™ is 円433.21, compared to a current price of 円371.00 — trading 14.4% below its estimated fair value. The current Return-on-Tangible-Equity is 41.79%, which is 118% above median its 10-year median of 19.20 and 379.8% above the Retail - Cyclical industry median of 8.71. Tokyo Base Co's overall GF Score™ is 92/100 with 1 warning sign 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 Tokyo Base Co (TSE:3415), the current Return-on-Tangible-Equity is 41.79% as of Jan. 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 Tokyo Base Co (TSE:3415) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Base Co stock appears to be undervalued.
The current stock price of 円371.00 is trading 14.4% below its estimated GF Value™ of 円433.21.
GuruFocus considers Tokyo Base Co to be Modestly Undervalued.
Key valuation signals for TSE:3415:
Return-on-Tangible-Equity: 41.79% (118% above median its 10-year median of 19.20)
GF Value™: 円433.21 vs. price of 円371.00 (14.4% below fair value)
Industry Position: 379.8% above the Retail - Cyclical median (#285 of 1058)
No single metric tells the full story. See the TSE:3415 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Base Co Ltd is engaged in the retail sale of apparel goods for men and women. The company operates its stores under the STUDIOUS, UNITED TOKYO, CITY, and PUBLIC TOKYO brand names. The company products include tops, bottoms, shoes, bags, accessories and other goods.
92GF Score
Get the complete analysis for TSE:3415
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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