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TKPTSE:3479 +0.11%65 Return-on-Tangible-Equity is 112.91% as of Feb. 2026, which is 325% above its 10-year median of 26.55. GuruFocus rates TSE:3479 with a GF Score™ of 65/100 and a GF Value™ of 円5,106.43 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,719 Real Estate companies, TKP ranks better than 95.64% 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. TKP's annualized net income for the quarter that ended in Feb. 2026 was 円36,784 Mil. TKP's average shareholder tangible equity for the quarter that ended in Feb. 2026 was 円32,580 Mil. Therefore, TKP's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 112.91%.
The historical rank and industry rank for TKP's Return-on-Tangible-Equity or its related term are showing as below:
TSE:3479'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -30.76 Med: 26.55 Max: 283.46
Current: 39.67
During the past 12 years, TKP's highest Return-on-Tangible-Equity was 283.46%. The lowest was -30.76%. And the median was 26.55%.
TSE:3479's Return-on-Tangible-Equity is ranked better than 95.64% of 1719
companies
in the Real Estate industry
Industry Median: 4.27
vs TSE:3479: 39.67
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.
TKP Return-on-Tangible-Equity Related Terms
TKP Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for TKP'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:3479 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, TKP'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.
TKP Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, TKP's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where TKP'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 (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 112.91% mean?
TKP (TSE:3479) has a Return-on-Tangible-Equity of 112.91% 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 TKP and its competitors. This is 325% above median its historical median of 26.55. According to the industry distribution chart, TKP ranks #75 out of 1719 companies in the Real Estate industry, placing it in the top 4.4%.
Is TKP's Return-on-Tangible-Equity too high?
TKP's current Return-on-Tangible-Equity of 112.91% is 325% above median its 10-year median of 26.55. The Real Estate industry median Return-on-Tangible-Equity is 4.27. TKP's value of 112.91% is 2544.3% above this industry median. Based on the distribution chart, TKP ranks #75 out of 1719 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, TKP has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TKP's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, TKP ranks #75 out of 1719 companies for Return-on-Tangible-Equity. This places TKP in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. TKP's value of 112.91% is 2544.3% above this benchmark. While the company's 10-year median is 26.55 vs. the industry median of 4.27, TKP 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 1,719 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. TKP's current Return-on-Tangible-Equity of 112.91% is 2544.3% 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 TKP 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. TKP's current Return-on-Tangible-Equity is 112.91%, which is 325% above median its own 10-year median of 26.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TKP stock overvalued right now?
Based on GuruFocus' analysis, TKP (TSE:3479) is currently considered Possible Value Trap. The stock's GF Value™ is 円5,106.43, compared to a current price of 円1,774.00 — trading 65.3% below its estimated fair value. The current Return-on-Tangible-Equity is 112.91%, which is 325% above median its 10-year median of 26.55 and 2544.3% above the Real Estate industry median of 4.27. TKP's overall GF Score™ is 65/100 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 TKP (TSE:3479), the current Return-on-Tangible-Equity is 112.91% 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 TKP (TSE:3479) Overvalued in 2026?
Based on GuruFocus' analysis, TKP stock appears to be undervalued.
The current stock price of 円1,774.00 is trading 65.3% below its estimated GF Value™ of 円5,106.43.
GuruFocus considers TKP to be Possible Value Trap.
Key valuation signals for TSE:3479:
Return-on-Tangible-Equity: 112.91% (325% above median its 10-year median of 26.55)
GF Value™: 円5,106.43 vs. price of 円1,774.00 (65.3% below fair value)
Industry Position: 2544.3% above the Real Estate median (#75 of 1719)
No single metric tells the full story. See the TSE:3479 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TKP Corp is a Japan-based real estate company. It offers conference rooms & banquet halls on a rental basis. The company is also intended to provide in-house production of services associated with conferences, such as food and beverage catering, hotels and resorts, & call centers, among other services. The group operates in three segments: The Space Regeneration & Distribution Business includes flexible offices, hotels & accommodation/training facilities, food & beverage/banquets, & event production. The Lilycolor business consists of three areas: interior business, space solutions business, & real estate investment & development business. The Novarese Escri Business consists of three areas: bridal services, restaurant-focused services, & construction- & real estate-related services.
65GF Score
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