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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. Ichishin Holdings Co's annualized net income for the quarter that ended in Feb. 2026 was 円-404 Mil. Ichishin Holdings Co's average shareholder tangible equity for the quarter that ended in Feb. 2026 was 円1,928 Mil. Therefore, Ichishin Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was -20.95%.
The historical rank and industry rank for Ichishin Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4645'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -34.6 Med: 21.15 Max: 38.05
Current: 35.38
During the past 13 years, Ichishin Holdings Co's highest Return-on-Tangible-Equity was 38.05%. The lowest was -34.60%. And the median was 21.15%.
TSE:4645's Return-on-Tangible-Equity is ranked better than 78.05% of 246
companies
in the Education industry
Industry Median: 11.685
vs TSE:4645: 35.38
Ichishin Holdings Co (TSE:4645) 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.
Ichishin Holdings Co Return-on-Tangible-Equity Related Terms
Ichishin Holdings Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ichishin 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.
Ichishin Holdings Co Return-on-Tangible-Equity Chart
TSE:4645 vs EDU, TAL, LAUR: Return-on-Tangible-Equity Comparison
For the Education & Training Services subindustry, Ichishin 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.
Ichishin Holdings Co Return-on-Tangible-Equity vs Education Industry
For the Education industry and Consumer Defensive sector, Ichishin Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ichishin Holdings Co'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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -20.95% mean?
Ichishin Holdings Co (TSE:4645) has a Return-on-Tangible-Equity of -20.95% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ichishin Holdings Co and its competitors. According to the industry distribution chart, Ichishin Holdings Co ranks #54 out of 246 companies in the Education industry, placing it in the top 22%.
Is Ichishin Holdings Co's Return-on-Tangible-Equity too high?
Ichishin Holdings Co's current Return-on-Tangible-Equity is -20.95%. Based on the distribution chart, Ichishin Holdings Co ranks #54 out of 246 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Ichishin Holdings Co has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ichishin Holdings Co's Return-on-Tangible-Equity compare to EDU and TAL?
According to the Education industry distribution chart, Ichishin Holdings Co ranks #54 out of 246 companies for Return-on-Tangible-Equity. This places Ichishin Holdings Co in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.69. 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 an Education company?
The median Return-on-Tangible-Equity among Education companies is 11.69, based on 246 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 Ichishin Holdings Co and its competitors. For the Education industry, the median Return-on-Tangible-Equity is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichishin Holdings Co's current Return-on-Tangible-Equity is -20.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichishin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Ichishin Holdings Co (TSE:4645) is currently considered Significantly Undervalued. The stock's GF Value™ is 円636.03, compared to a current price of 円433.00 — trading 31.9% below its estimated fair value. The current Return-on-Tangible-Equity is -20.95%. Ichishin Holdings Co's overall GF Score™ is 61/100 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 Ichishin Holdings Co (TSE:4645), the current Return-on-Tangible-Equity is -20.95% as of Feb. 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 Ichishin Holdings Co (TSE:4645) Overvalued in 2026?
Based on GuruFocus' analysis, Ichishin Holdings Co stock appears to be undervalued.
The current stock price of 円433.00 is trading 31.9% below its estimated GF Value™ of 円636.03.
GuruFocus considers Ichishin Holdings Co to be Significantly Undervalued.
Key valuation signals for TSE:4645:
Return-on-Tangible-Equity: -20.95%
GF Value™: 円636.03 vs. price of 円433.00 (31.9% below fair value)
No single metric tells the full story. See the TSE:4645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichishin Holdings Co Ltd is engaged in the education business. It provides curriculum, instruction, and examination materials for elementary and secondary schools. It is also involved in the provision of group tutorial, individual tutorial, and video tutorial services.
61GF Score
Get the complete analysis for TSE:4645
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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