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Tokushu Tokai Paper CoTSE:3708 +1.19%64 Return-on-Tangible-Equity is 1.71% as of Mar. 2026, which is 71% below its 10-year median of 5.84. GuruFocus rates TSE:3708 with a GF Score™ of 64/100 and a GF Value™ of 円1,380.92 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 280 Forest Products companies, Tokushu Tokai Paper Co ranks better than 68.21% 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. Tokushu Tokai Paper Co's annualized net income for the quarter that ended in Mar. 2026 was 円1,364 Mil. Tokushu Tokai Paper Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円79,706 Mil. Therefore, Tokushu Tokai Paper Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.71%.
The historical rank and industry rank for Tokushu Tokai Paper Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:3708'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.27 Med: 5.84 Max: 7.92
Current: 5.64
During the past 13 years, Tokushu Tokai Paper Co's highest Return-on-Tangible-Equity was 7.92%. The lowest was 3.27%. And the median was 5.84%.
TSE:3708's Return-on-Tangible-Equity is ranked better than 68.21% of 280
companies
in the Forest Products industry
Industry Median: 2.205
vs TSE:3708: 5.64
Tokushu Tokai Paper Co (TSE:3708) 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.
Tokushu Tokai Paper Co Return-on-Tangible-Equity Related Terms
Tokushu Tokai Paper Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tokushu Tokai Paper 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.
Tokushu Tokai Paper Co Return-on-Tangible-Equity Chart
Tokushu Tokai Paper Co Return-on-Tangible-Equity Competitor Comparison
For the Paper & Paper Products subindustry, Tokushu Tokai Paper 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.
Tokushu Tokai Paper Co Return-on-Tangible-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Tokushu Tokai Paper Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tokushu Tokai Paper 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 (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 1.71% mean?
Tokushu Tokai Paper Co (TSE:3708) has a Return-on-Tangible-Equity of 1.71% 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 Tokushu Tokai Paper Co and its competitors. This is 71% below median its historical median of 5.84. Over the past decade, Tokushu Tokai Paper Co's Return-on-Tangible-Equity has ranged from 3.27 to 7.92. According to the industry distribution chart, Tokushu Tokai Paper Co ranks #89 out of 280 companies in the Forest Products industry, placing it in the top 31.8%.
Is Tokushu Tokai Paper Co's Return-on-Tangible-Equity too high?
Tokushu Tokai Paper Co's current Return-on-Tangible-Equity of 1.71% is 71% below median its 10-year median of 5.84. Over the past 10 years, this metric has ranged from a low of 3.27 to a high of 7.92. The Forest Products industry median Return-on-Tangible-Equity is 2.21. Tokushu Tokai Paper Co's value of 1.71% is 22.4% below this industry median. Based on the distribution chart, Tokushu Tokai Paper Co ranks #89 out of 280 companies in the Forest Products industry, which is above the industry midpoint. Overall, Tokushu Tokai Paper Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokushu Tokai Paper Co's Return-on-Tangible-Equity compare to competitors?
According to the Forest Products industry distribution chart, Tokushu Tokai Paper Co ranks #89 out of 280 companies for Return-on-Tangible-Equity. This puts Tokushu Tokai Paper Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 2.21. Tokushu Tokai Paper Co's value of 1.71% is 22.4% below this benchmark. Historically, Tokushu Tokai Paper Co's own Return-on-Tangible-Equity has ranged from 3.27 to 7.92 over the past decade. While the company's 10-year median is 5.84 vs. the industry median of 2.21, Tokushu Tokai Paper Co has consistently been below 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.21, based on 280 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. Tokushu Tokai Paper Co's current Return-on-Tangible-Equity of 1.71% is 22.4% below 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 Tokushu Tokai Paper Co and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokushu Tokai Paper Co's current Return-on-Tangible-Equity is 1.71%, which is 71% below median its own 10-year median of 5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokushu Tokai Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Tokushu Tokai Paper Co (TSE:3708) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,380.92, compared to a current price of 円2,127.00 — trading 54% above its estimated fair value. The current Return-on-Tangible-Equity is 1.71%, which is 71% below median its 10-year median of 5.84 and 22.4% below the Forest Products industry median of 2.21. Tokushu Tokai Paper Co's overall GF Score™ is 64/100 with 7 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 Tokushu Tokai Paper Co (TSE:3708), the current Return-on-Tangible-Equity is 1.71% 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 Tokushu Tokai Paper Co (TSE:3708) Overvalued in 2026?
Based on GuruFocus' analysis, Tokushu Tokai Paper Co stock appears to be overvalued.
The current stock price of 円2,127.00 is trading 54% above its estimated GF Value™ of 円1,380.92.
GuruFocus considers Tokushu Tokai Paper Co to be Significantly Overvalued.
Key valuation signals for TSE:3708:
Return-on-Tangible-Equity: 1.71% (71% below median its 10-year median of 5.84)
GF Value™: 円1,380.92 vs. price of 円2,127.00 (54% above fair value)
Industry Position: 22.4% below the Forest Products median (#89 of 280)
No single metric tells the full story. See the TSE:3708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokushu Tokai Paper Co Ltd manufactures and sells a variety of paper products. The company organizes itself into three primary divisions based on product type. The special-use paper division sells specialized paper that is used for food packaging, art printing, and securities protection. The industrial paper division sells paper that is used for fresh vegetable and cosmetic packaging, as well as water repellent paper. The household products division sells coffee and tea filter paper as well as other paper products used for cooking.
64GF Score
Get the complete analysis for TSE:3708
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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