Synchro Food Co (TSE:3963) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)

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TSE:3963 Synchro Food Co Ltd TSE:3963
56 GF Score
Price 円335.00
GF Value 円865.71
Valuation Possible Value Trap
! 7 Warning Signs
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What is Synchro Food Co Return-on-Tangible-Equity?

Synchro Food Co TSE:3963 -1.47% 56 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates TSE:3963 with a GF Score™ of 56/100 and a GF Value™ of 円865.71 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,009 Business Services companies, Synchro Food Co ranks better than 67% 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. Synchro Food Co's annualized net income for the quarter that ended in Mar. 2026 was 円121 Mil. Synchro Food Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円-482 Mil. Therefore, Synchro Food Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for Synchro Food Co's Return-on-Tangible-Equity or its related term are showing as below:

TSE:3963' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.87   Med: 16.6   Max: 22.61
Current: 19.04

During the past 11 years, Synchro Food Co's highest Return-on-Tangible-Equity was 22.61%. The lowest was -6.87%. And the median was 16.60%.

TSE:3963's Return-on-Tangible-Equity is ranked better than
67% of 1009 companies
in the Business Services industry
Industry Median: 10.69 vs TSE:3963: 19.04

Synchro Food Co  (TSE:3963) 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.


Synchro Food Co Return-on-Tangible-Equity Related Terms


Synchro Food Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Synchro Food 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.

Synchro Food Co Return-on-Tangible-Equity Chart

Synchro Food Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.65 19.62 18.82 14.38 11.01

Synchro Food Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.20 19.40 11.27 18.35 Negative Tangible Equity

TSE:3963 vs CTAS, CPRT, ULS: Return-on-Tangible-Equity Comparison

For the Specialty Business Services subindustry, Synchro Food 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.


Synchro Food Co Return-on-Tangible-Equity vs Business Services Industry

For the Business Services industry and Industrials sector, Synchro Food Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Synchro Food Co's Return-on-Tangible-Equity falls into.


TSE:3963
56GF Score
Synchro Food Co Ltd TSE:3963
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Synchro Food Co Return-on-Tangible-Equity Calculation

Synchro Food Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=269.854/( (5216.211+-314.693 )/ 2 )
=269.854/2450.759
=11.01 %

Synchro Food Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=120.706/( (-649.523+-314.693)/ 2 )
=120.706/-482.108
=Negative Tangible Equity %

* 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 Negative Tangible Equity% mean?
Synchro Food Co (TSE:3963) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Synchro Food Co and its competitors. According to the industry distribution chart, Synchro Food Co ranks #333 out of 1009 companies in the Business Services industry, placing it in the top 33%.
Is Synchro Food Co's Return-on-Tangible-Equity too high?
Synchro Food Co's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Synchro Food Co ranks #333 out of 1009 companies in the Business Services industry, which is above the industry midpoint. Overall, Synchro Food Co has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Synchro Food Co's Return-on-Tangible-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Synchro Food Co ranks #333 out of 1009 companies for Return-on-Tangible-Equity. This puts Synchro Food Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.69. 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.69, based on 1,009 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. 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 Synchro Food Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synchro Food Co's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synchro Food Co stock overvalued right now?
Based on GuruFocus' analysis, Synchro Food Co (TSE:3963) is currently considered Possible Value Trap. The stock's GF Value™ is 円865.71, compared to a current price of 円335.00 — trading 61.3% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Synchro Food Co's overall GF Score™ is 56/100 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 Synchro Food Co (TSE:3963), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Synchro Food Co (TSE:3963) Overvalued in 2026?

Based on GuruFocus' analysis, Synchro Food Co stock appears to be undervalued. The current stock price of 円335.00 is trading 61.3% below its estimated GF Value™ of 円865.71. GuruFocus considers Synchro Food Co to be Possible Value Trap.

Key valuation signals for TSE:3963:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: 円865.71 vs. price of 円335.00 (61.3% below fair value)
  • GF Score™: 56/100 with 7 warning signs

No single metric tells the full story. See the TSE:3963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Synchro Food Co Business Description

Address 7th Floor, SouthOne Building, 1-7-8, Ebisu Minami, Shibuya-ku, Tokyo, JPN, 150-0022
Synchro Food Co Ltd provides services and information to help restaurant owners. It offers equipment, furniture, restaurant related job information website, matching restaurant owners with interior designer and restaurant opening information website.
56GF Score

Get the complete analysis for TSE:3963

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円335.00
Price
円865.71
GF Value