Fuji United Holdings Co (TSE:416A) Return-on-Tangible-Equity: 11.25% (As of Mar. 2026) — 53% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:416A Fuji United Holdings Co Ltd TSE:416A
65 GF Score
Price 円1,294.00
GF Value 円1,782.85
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Fuji United Holdings Co Return-on-Tangible-Equity?

Fuji United Holdings Co TSE:416A -0.15% 65 Return-on-Tangible-Equity is 11.25% as of Mar. 2026, which is 53% above its 10-year median of 7.34. GuruFocus rates TSE:416A with a GF Score™ of 65/100 and a GF Value™ of 円1,782.85 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 952 Oil & Gas companies, Fuji United Holdings Co ranks better than 57.14% 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. Fuji United Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was 円844 Mil. Fuji United Holdings Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円7,500 Mil. Therefore, Fuji United Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.25%.

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

TSE:416A' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.3   Med: 7.34   Max: 22.01
Current: 11.4

During the past 13 years, Fuji United Holdings Co's highest Return-on-Tangible-Equity was 22.01%. The lowest was -1.30%. And the median was 7.34%.

TSE:416A's Return-on-Tangible-Equity is ranked better than
57.14% of 952 companies
in the Oil & Gas industry
Industry Median: 8.365 vs TSE:416A: 11.40

Fuji United Holdings Co  (TSE:416A) 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.


Fuji United Holdings Co Return-on-Tangible-Equity Related Terms


Fuji United Holdings Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Fuji United Holdings 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.

Fuji United Holdings Co Return-on-Tangible-Equity Chart

Fuji United Holdings 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 22.01 4.88 7.83 8.96 9.27

Fuji United Holdings Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Dec25 Mar26 Jun26
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 0.00 6.33 0.00 11.25 34.47

TSE:416A vs MPC, VLO, PSX: Return-on-Tangible-Equity Comparison

For the Oil & Gas Refining & Marketing subindustry, Fuji United Holdings 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.


Fuji United Holdings Co Return-on-Tangible-Equity vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Fuji United Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Fuji United Holdings Co's Return-on-Tangible-Equity falls into.


TSE:416A
65GF Score
Fuji United Holdings Co Ltd TSE:416A
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuji United Holdings Co Return-on-Tangible-Equity Calculation

Fuji United Holdings 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 )
=726/( (8130+7530 )/ 2 )
=726/7830
=9.27 %

Fuji United Holdings 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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=844/( (7470+7530)/ 2 )
=844/7500
=11.25 %

* 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 11.25% mean?
Fuji United Holdings Co (TSE:416A) has a Return-on-Tangible-Equity of 11.25% 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 Fuji United Holdings Co and its competitors. This is 53% above median its historical median of 7.34. According to the industry distribution chart, Fuji United Holdings Co ranks #408 out of 952 companies in the Oil & Gas industry, placing it in the top 42.9%.
Is Fuji United Holdings Co's Return-on-Tangible-Equity too high?
Fuji United Holdings Co's current Return-on-Tangible-Equity of 11.25% is 53% above median its 10-year median of 7.34. The Oil & Gas industry median Return-on-Tangible-Equity is 8.37. Fuji United Holdings Co's value of 11.25% is 34.5% above this industry median. Based on the distribution chart, Fuji United Holdings Co ranks #408 out of 952 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Fuji United Holdings Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fuji United Holdings Co's Return-on-Tangible-Equity compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Fuji United Holdings Co ranks #408 out of 952 companies for Return-on-Tangible-Equity. This puts Fuji United Holdings Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.37. Fuji United Holdings Co's value of 11.25% is 34.5% above this benchmark. While the company's 10-year median is 7.34 vs. the industry median of 8.37, Fuji United Holdings 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 an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 8.37, based on 952 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. Fuji United Holdings Co's current Return-on-Tangible-Equity of 11.25% is 34.5% 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 Fuji United Holdings Co and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 8.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuji United Holdings Co's current Return-on-Tangible-Equity is 11.25%, which is 53% above median its own 10-year median of 7.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuji United Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Fuji United Holdings Co (TSE:416A) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,782.85, compared to a current price of 円1,294.00 — trading 27.4% below its estimated fair value. The current Return-on-Tangible-Equity is 11.25%, which is 53% above median its 10-year median of 7.34 and 34.5% above the Oil & Gas industry median of 8.37. Fuji United Holdings Co'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 Fuji United Holdings Co (TSE:416A), the current Return-on-Tangible-Equity is 11.25% 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 Fuji United Holdings Co (TSE:416A) Overvalued in 2026?

Based on GuruFocus' analysis, Fuji United Holdings Co stock appears to be undervalued. The current stock price of 円1,294.00 is trading 27.4% below its estimated GF Value™ of 円1,782.85. GuruFocus considers Fuji United Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:416A:

  • Return-on-Tangible-Equity: 11.25% (53% above median its 10-year median of 7.34)
  • GF Value™: 円1,782.85 vs. price of 円1,294.00 (27.4% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 34.5% above the Oil & Gas median (#408 of 952)

No single metric tells the full story. See the TSE:416A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuji United Holdings Co Business Description

Industry EnergyOil & Gas
Address 4-3 Kanda-Surugadai, 13th Floor, Shin-Ochanomizu Building, Chiyoda-ku, Tokyo, JPN, 101-0062
Fuji United Holdings Co Ltd is a Japan-based holding company engaged in managing group companies engaged in recycling, home energy, environmentally-related, oil, rental, and other businesses.
65GF Score

Get the complete analysis for TSE:416A

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

円1,294.00
Price
円1,782.85
GF Value