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M - martTSE:4380 -0.17%85 Return-on-Tangible-Equity is 0.00% as of Jan. 2026. GuruFocus rates TSE:4380 with a GF Score™ of 85/100 and a GF Value™ of 円1,563.77 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 301 Retail - Defensive companies, M - mart ranks better than 50.83% 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. M - mart's annualized net income for the quarter that ended in Jan. 2026 was 円0.0 Mil. M - mart's average shareholder tangible equity for the quarter that ended in Jan. 2026 was 円2,072.0 Mil. Therefore, M - mart's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was 0.00%.
The historical rank and industry rank for M - mart's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4380'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.28 Med: 20.1 Max: 55.52
Current: 11.28
During the past 11 years, M - mart's highest Return-on-Tangible-Equity was 55.52%. The lowest was 11.28%. And the median was 20.10%.
TSE:4380's Return-on-Tangible-Equity is ranked better than 50.83% of 301
companies
in the Retail - Defensive industry
Industry Median: 10.96
vs TSE:4380: 11.28
M - mart (TSE:4380) 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.
M - mart Return-on-Tangible-Equity Related Terms
M - mart Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for M - mart'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:4380 vs KR: Return-on-Tangible-Equity Comparison
For the Grocery Stores subindustry, M - mart'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.
M - mart Return-on-Tangible-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, M - mart's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where M - mart'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 (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
M - mart (TSE:4380) has a Return-on-Tangible-Equity of 0.00% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on M - mart and its competitors. Over the past decade, M - mart's Return-on-Tangible-Equity has ranged from 11.28 to 55.52. According to the industry distribution chart, M - mart ranks #148 out of 301 companies in the Retail - Defensive industry, placing it in the top 49.2%.
Is M - mart's Return-on-Tangible-Equity too high?
M - mart's current Return-on-Tangible-Equity is 0.00%. Over the past 10 years, this metric has ranged from a low of 11.28 to a high of 55.52. Based on the distribution chart, M - mart ranks #148 out of 301 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, M - mart has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does M - mart's Return-on-Tangible-Equity compare to KR?
According to the Retail - Defensive industry distribution chart, M - mart ranks #148 out of 301 companies for Return-on-Tangible-Equity. This puts M - mart in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.96. Historically, M - mart's own Return-on-Tangible-Equity has ranged from 11.28 to 55.52 over the past decade. 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 Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 10.96, based on 301 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 M - mart and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 10.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M - mart's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M - mart stock overvalued right now?
Based on GuruFocus' analysis, M - mart (TSE:4380) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,563.77, compared to a current price of 円1,200.00 — trading 23.3% below its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. M - mart's overall GF Score™ is 85/100 with 2 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 M - mart (TSE:4380), the current Return-on-Tangible-Equity is 0.00% as of Jan. 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 M - mart (TSE:4380) Overvalued in 2026?
Based on GuruFocus' analysis, M - mart stock appears to be undervalued.
The current stock price of 円1,200.00 is trading 23.3% below its estimated GF Value™ of 円1,563.77.
GuruFocus considers M - mart to be Modestly Undervalued.
Key valuation signals for TSE:4380:
Return-on-Tangible-Equity: 0.00%
GF Value™: 円1,563.77 vs. price of 円1,200.00 (23.3% below fair value)
No single metric tells the full story. See the TSE:4380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M - mart Inc is engaged in the business of wholesales and distribution of food products online. The company provides seafood, marine products, agricultural products, meat, beverages, condiments, cooked food, beverages, and other products. It markets its products throughout Japan.
85GF Score
Get the complete analysis for TSE:4380
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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