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.
Wealth ManagementTSE:3772 -0.29%57 Return-on-Tangible-Equity is 2.64% as of Mar. 2026, which is 92% below its 10-year median of 31.19. GuruFocus rates TSE:3772 with a GF Score™ of 57/100 and a GF Value™ of 円843.67 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 1,716 Real Estate companies, Wealth Management ranks worse than 83.45% 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. Wealth Management's annualized net income for the quarter that ended in Mar. 2026 was 円454 Mil. Wealth Management's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円17,201 Mil. Therefore, Wealth Management's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.64%.
The historical rank and industry rank for Wealth Management's Return-on-Tangible-Equity or its related term are showing as below:
TSE:3772'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.19 Med: 31.19 Max: 55.4
Current: -6.61
During the past 13 years, Wealth Management's highest Return-on-Tangible-Equity was 55.40%. The lowest was -13.19%. And the median was 31.19%.
TSE:3772's Return-on-Tangible-Equity is ranked worse than 83.45% of 1716
companies
in the Real Estate industry
Industry Median: 4.27
vs TSE:3772: -6.61
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.
Wealth Management Return-on-Tangible-Equity Related Terms
Wealth Management Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Wealth Management'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 - Diversified subindustry, Wealth Management'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.
Wealth Management Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Wealth Management's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wealth Management'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 2.64% mean?
Wealth Management (TSE:3772) has a Return-on-Tangible-Equity of 2.64% 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 Wealth Management and its competitors. This is 92% below median its historical median of 31.19. According to the industry distribution chart, Wealth Management ranks #1432 out of 1716 companies in the Real Estate industry, placing it in the top 83.4%.
Is Wealth Management's Return-on-Tangible-Equity too high?
Wealth Management's current Return-on-Tangible-Equity of 2.64% is 92% below median its 10-year median of 31.19. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Wealth Management's value of 2.64% is 38.2% below this industry median. Based on the distribution chart, Wealth Management ranks #1432 out of 1716 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Wealth Management has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wealth Management's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Wealth Management ranks #1432 out of 1716 companies for Return-on-Tangible-Equity. This places Wealth Management in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.27. Wealth Management's value of 2.64% is 38.2% below this benchmark. While the company's 10-year median is 31.19 vs. the industry median of 4.27, Wealth Management 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,716 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. Wealth Management's current Return-on-Tangible-Equity of 2.64% is 38.2% 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 Wealth Management 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. Wealth Management's current Return-on-Tangible-Equity is 2.64%, which is 92% below median its own 10-year median of 31.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wealth Management stock overvalued right now?
Based on GuruFocus' analysis, Wealth Management (TSE:3772) is currently considered Modestly Overvalued. The stock's GF Value™ is 円843.67, compared to a current price of 円1,049.00 — trading 24.3% above its estimated fair value. The current Return-on-Tangible-Equity is 2.64%, which is 92% below median its 10-year median of 31.19 and 38.2% below the Real Estate industry median of 4.27. Wealth Management's overall GF Score™ is 57/100 with 14 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 Wealth Management (TSE:3772), the current Return-on-Tangible-Equity is 2.64% 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 Wealth Management (TSE:3772) Overvalued in 2026?
Based on GuruFocus' analysis, Wealth Management stock appears to be overvalued.
The current stock price of 円1,049.00 is trading 24.3% above its estimated GF Value™ of 円843.67.
GuruFocus considers Wealth Management to be Modestly Overvalued.
Key valuation signals for TSE:3772:
Return-on-Tangible-Equity: 2.64% (92% below median its 10-year median of 31.19)
GF Value™: 円843.67 vs. price of 円1,049.00 (24.3% above fair value)
Industry Position: 38.2% below the Real Estate median (#1432 of 1716)
No single metric tells the full story. See the TSE:3772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wealth Management Inc, along with its subsidiaries, operates in the following reportable segments: Asset management business, Real Estate business, and Hotel operation business. The majority of its revenue is generated from the Real Estate business, which is engaged in the acquisition, development, ownership, sale, and rental (master lease), etc., of real estate. The Asset management business is engaged in the operation and management of real estate and also provides investment advice on the acquisition, sale, and management of real estate. The Hotel operation business provides various services related to hotel operation, such as revenue management, on-site management of hotels, and consulting on hotel opening and operation.
57GF Score
Get the complete analysis for TSE:3772
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:3772 has been successfully added to your 
