Living Technologies (TSE:4445) Return-on-Tangible-Equity: 11.39% (As of Mar. 2026) — 51% Below 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:4445 Living Technologies Inc TSE:4445
82 GF Score
Price 円1,643.00
GF Value 円1,379.13
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Living Technologies Return-on-Tangible-Equity?

Living Technologies TSE:4445 +1.29% 82 Return-on-Tangible-Equity is 11.39% as of Mar. 2026, which is 51% below its 10-year median of 23.20. GuruFocus rates TSE:4445 with a GF Score™ of 82/100 and a GF Value™ of 円1,379.13 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,715 Real Estate companies, Living Technologies ranks better than 86.24% 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. Living Technologies's annualized net income for the quarter that ended in Mar. 2026 was 円167 Mil. Living Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円1,463 Mil. Therefore, Living Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.39%.

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

TSE:4445' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.68   Med: 23.2   Max: 80.97
Current: 17.21

During the past 9 years, Living Technologies's highest Return-on-Tangible-Equity was 80.97%. The lowest was 0.68%. And the median was 23.20%.

TSE:4445's Return-on-Tangible-Equity is ranked better than
86.24% of 1715 companies
in the Real Estate industry
Industry Median: 4.27 vs TSE:4445: 17.21

Living Technologies  (TSE:4445) 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.


Living Technologies Return-on-Tangible-Equity Related Terms


Living Technologies Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Living Technologies'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.

Living Technologies Return-on-Tangible-Equity Chart

Living Technologies Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 10.47 23.20 23.61 7.79 19.78

Living Technologies Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 0.00 60.86 -17.29 12.71 11.39

TSE:4445 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison

For the Real Estate Services subindustry, Living Technologies'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.


Living Technologies Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Living Technologies's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Living Technologies's Return-on-Tangible-Equity falls into.


TSE:4445
82GF Score
Living Technologies Inc TSE:4445
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Living Technologies Return-on-Tangible-Equity Calculation

Living Technologies's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=314.575/( (1500.623+1680.09 )/ 2 )
=314.575/1590.3565
=19.78 %

Living Technologies'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 )
=166.668/( (1469.991+1456.392)/ 2 )
=166.668/1463.1915
=11.39 %

* 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 11.39% mean?
Living Technologies (TSE:4445) has a Return-on-Tangible-Equity of 11.39% 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 Living Technologies and its competitors. This is 51% below median its historical median of 23.20. Over the past decade, Living Technologies' Return-on-Tangible-Equity has ranged from 0.68 to 80.97. According to the industry distribution chart, Living Technologies ranks #236 out of 1715 companies in the Real Estate industry, placing it in the top 13.8%.
Is Living Technologies' Return-on-Tangible-Equity too high?
Living Technologies' current Return-on-Tangible-Equity of 11.39% is 51% below median its 10-year median of 23.20. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 80.97. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Living Technologies' value of 11.39% is 166.7% above this industry median. Based on the distribution chart, Living Technologies ranks #236 out of 1715 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Living Technologies has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Living Technologies' Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Living Technologies ranks #236 out of 1715 companies for Return-on-Tangible-Equity. This places Living Technologies in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. Living Technologies' value of 11.39% is 166.7% above this benchmark. Historically, Living Technologies' own Return-on-Tangible-Equity has ranged from 0.68 to 80.97 over the past decade. While the company's 10-year median is 23.20 vs. the industry median of 4.27, Living Technologies 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 a Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,715 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. Living Technologies's current Return-on-Tangible-Equity of 11.39% is 166.7% 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 Living Technologies 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. Living Technologies's current Return-on-Tangible-Equity is 11.39%, which is 51% below median its own 10-year median of 23.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Living Technologies stock overvalued right now?
Based on GuruFocus' analysis, Living Technologies (TSE:4445) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,379.13, compared to a current price of 円1,643.00 — trading 19.1% above its estimated fair value. The current Return-on-Tangible-Equity is 11.39%, which is 51% below median its 10-year median of 23.20 and 166.7% above the Real Estate industry median of 4.27. Living Technologies' overall GF Score™ is 82/100 with 1 warning sign 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 Living Technologies (TSE:4445), the current Return-on-Tangible-Equity is 11.39% 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 Living Technologies (TSE:4445) Overvalued in 2026?

Based on GuruFocus' analysis, Living Technologies stock appears to be overvalued. The current stock price of 円1,643.00 is trading 19.1% above its estimated GF Value™ of 円1,379.13. GuruFocus considers Living Technologies to be Modestly Overvalued.

Key valuation signals for TSE:4445:

  • Return-on-Tangible-Equity: 11.39% (51% below median its 10-year median of 23.20)
  • GF Value™: 円1,379.13 vs. price of 円1,643.00 (19.1% above fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 166.7% above the Real Estate median (#236 of 1715)

No single metric tells the full story. See the TSE:4445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Living Technologies Business Description

Address 1-8-12, Nihonbashi Horidomecho, Chuo-ku, 8F Hourai Horidome Building, Tokyo, JPN, 103-0012
Living Technologies Inc. is a Japanese-based company mainly involved in the real estate platform business. The business activities of the group include the development and management of products that combine web technology and real estate, such as Real Estate Vertical Media, a Real estate business support system, Human resources services for the real estate industry, and Internet advertising.
82GF Score

Get the complete analysis for TSE:4445

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

円1,643.00
Price
円1,379.13
GF Value