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Tess Holdings CoTSE:5074 -6.40%65 Return-on-Tangible-Equity is 17.05% as of Dec. 2025, which is 20% above its 10-year median of 14.16. GuruFocus rates TSE:5074 with a GF Score™ of 65/100 and a GF Value™ of 円625.62 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 427 Utilities - Independent Power Producers companies, Tess Holdings Co ranks worse than 58.55% 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. Tess Holdings Co's annualized net income for the quarter that ended in Dec. 2025 was 円5,172 Mil. Tess Holdings Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円30,333 Mil. Therefore, Tess Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 17.05%.
The historical rank and industry rank for Tess Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:5074'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.6 Med: 14.16 Max: 27.25
Current: 2.82
During the past 7 years, Tess Holdings Co's highest Return-on-Tangible-Equity was 27.25%. The lowest was 0.60%. And the median was 14.16%.
TSE:5074's Return-on-Tangible-Equity is ranked worse than 58.55% of 427
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.68
vs TSE:5074: 2.82
Tess Holdings Co (TSE:5074) 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.
Tess Holdings Co Return-on-Tangible-Equity Related Terms
Tess Holdings Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tess 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.
Tess Holdings Co Return-on-Tangible-Equity Competitor Comparison
For the Utilities - Renewable subindustry, Tess 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.
Tess Holdings Co Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Tess Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tess 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 four times the quarterly (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 17.05% mean?
Tess Holdings Co (TSE:5074) has a Return-on-Tangible-Equity of 17.05% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tess Holdings Co and its competitors. This is 20% above median its historical median of 14.16. Over the past decade, Tess Holdings Co's Return-on-Tangible-Equity has ranged from 0.60 to 27.25. According to the industry distribution chart, Tess Holdings Co ranks #250 out of 427 companies in the Utilities - Independent Power Producers industry, placing it in the top 58.5%.
Is Tess Holdings Co's Return-on-Tangible-Equity too high?
Tess Holdings Co's current Return-on-Tangible-Equity of 17.05% is 20% above median its 10-year median of 14.16. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 27.25. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.68. Tess Holdings Co's value of 17.05% is 264.3% above this industry median. Based on the distribution chart, Tess Holdings Co ranks #250 out of 427 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Tess Holdings Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tess Holdings Co's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Tess Holdings Co ranks #250 out of 427 companies for Return-on-Tangible-Equity. This places Tess Holdings Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.68. Tess Holdings Co's value of 17.05% is 264.3% above this benchmark. Historically, Tess Holdings Co's own Return-on-Tangible-Equity has ranged from 0.60 to 27.25 over the past decade. While the company's 10-year median is 14.16 vs. the industry median of 4.68, Tess 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 Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.68, based on 427 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. Tess Holdings Co's current Return-on-Tangible-Equity of 17.05% is 264.3% 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 Tess Holdings Co and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tess Holdings Co's current Return-on-Tangible-Equity is 17.05%, which is 20% above median its own 10-year median of 14.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tess Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Tess Holdings Co (TSE:5074) is currently considered Modestly Overvalued. The stock's GF Value™ is 円625.62, compared to a current price of 円746.00 — trading 19.2% above its estimated fair value. The current Return-on-Tangible-Equity is 17.05%, which is 20% above median its 10-year median of 14.16 and 264.3% above the Utilities - Independent Power Producers industry median of 4.68. Tess Holdings Co's overall GF Score™ is 65/100 with 6 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 Tess Holdings Co (TSE:5074), the current Return-on-Tangible-Equity is 17.05% as of Dec. 2025. 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 Tess Holdings Co (TSE:5074) Overvalued in 2026?
Based on GuruFocus' analysis, Tess Holdings Co stock appears to be overvalued.
The current stock price of 円746.00 is trading 19.2% above its estimated GF Value™ of 円625.62.
GuruFocus considers Tess Holdings Co to be Modestly Overvalued.
Key valuation signals for TSE:5074:
Return-on-Tangible-Equity: 17.05% (20% above median its 10-year median of 14.16)
GF Value™: 円625.62 vs. price of 円746.00 (19.2% above fair value)
Industry Position: 264.3% above the Utilities - Independent Power Producers median (#250 of 427)
No single metric tells the full story. See the TSE:5074 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tess Holdings Co Ltd is engaged in the development and electricity sales of renewable power plants and power retailing business. Further, it is also involved in the operation and maintenance of cogeneration and other environmental energy-saving systems.
65GF Score
Get the complete analysis for TSE:5074
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