C.S.Lumber Co (TSE:7808) Return-on-Tangible-Equity: 2.54% (As of Feb. 2026) — 87% 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:7808 C.S.Lumber Co Inc TSE:7808
60 GF Score
Price 円2,757.00
GF Value 円3,011.20
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is C.S.Lumber Co Return-on-Tangible-Equity?

C.S.Lumber Co TSE:7808 +6.04% 60 Return-on-Tangible-Equity is 2.54% as of Feb. 2026, which is 87% below its 10-year median of 20.28. GuruFocus rates TSE:7808 with a GF Score™ of 60/100 and a GF Value™ of 円3,011.20 (Fairly Valued). The stock has 5 warning signs investors should review. Among 279 Forest Products companies, C.S.Lumber Co ranks better than 50.9% 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. C.S.Lumber Co's annualized net income for the quarter that ended in Feb. 2026 was 円288 Mil. C.S.Lumber Co's average shareholder tangible equity for the quarter that ended in Feb. 2026 was 円11,355 Mil. Therefore, C.S.Lumber Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 2.54%.

The historical rank and industry rank for C.S.Lumber Co's Return-on-Tangible-Equity or its related term are showing as below:

TSE:7808' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.51   Med: 20.28   Max: 51.06
Current: 4.51

During the past 11 years, C.S.Lumber Co's highest Return-on-Tangible-Equity was 51.06%. The lowest was 4.51%. And the median was 20.28%.

TSE:7808's Return-on-Tangible-Equity is ranked better than
50.9% of 279 companies
in the Forest Products industry
Industry Median: 2.21 vs TSE:7808: 4.51

C.S.Lumber Co  (TSE:7808) 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.


C.S.Lumber Co Return-on-Tangible-Equity Related Terms


C.S.Lumber Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for C.S.Lumber 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.

C.S.Lumber Co Return-on-Tangible-Equity Chart

C.S.Lumber Co Annual Data
Trend Nov16 Nov17 Nov18 May20 May21 May22 May23 May24 May25 May26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.06 28.58 15.07 10.88 6.10

C.S.Lumber Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 7.23 0.00 2.54 8.24

TSE:7808 vs SSD, UFPI, BCC: Return-on-Tangible-Equity Comparison

For the Lumber & Wood Production subindustry, C.S.Lumber 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.


C.S.Lumber Co Return-on-Tangible-Equity vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, C.S.Lumber Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where C.S.Lumber Co's Return-on-Tangible-Equity falls into.


TSE:7808
60GF Score
C.S.Lumber Co Inc TSE:7808
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

C.S.Lumber Co Return-on-Tangible-Equity Calculation

C.S.Lumber Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in May. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=693.092/( (11091.621+11641 )/ 2 )
=693.092/11366.3105
=6.10 %

C.S.Lumber Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=288.472/( (11292.672+11417.209)/ 2 )
=288.472/11354.9405
=2.54 %

* 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 (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 2.54% mean?
C.S.Lumber Co (TSE:7808) has a Return-on-Tangible-Equity of 2.54% 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 C.S.Lumber Co and its competitors. This is 87% below median its historical median of 20.28. Over the past decade, C.S.Lumber Co's Return-on-Tangible-Equity has ranged from 4.51 to 51.06. According to the industry distribution chart, C.S.Lumber Co ranks #137 out of 279 companies in the Forest Products industry, placing it in the top 49.1%.
Is C.S.Lumber Co's Return-on-Tangible-Equity too high?
C.S.Lumber Co's current Return-on-Tangible-Equity of 2.54% is 87% below median its 10-year median of 20.28. Over the past 10 years, this metric has ranged from a low of 4.51 to a high of 51.06. The Forest Products industry median Return-on-Tangible-Equity is 2.21. C.S.Lumber Co's value of 2.54% is 14.9% above this industry median. Based on the distribution chart, C.S.Lumber Co ranks #137 out of 279 companies in the Forest Products industry, which is above the industry midpoint. Overall, C.S.Lumber Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does C.S.Lumber Co's Return-on-Tangible-Equity compare to SSD and UFPI?
According to the Forest Products industry distribution chart, C.S.Lumber Co ranks #137 out of 279 companies for Return-on-Tangible-Equity. This puts C.S.Lumber Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 2.21. C.S.Lumber Co's value of 2.54% is 14.9% above this benchmark. Historically, C.S.Lumber Co's own Return-on-Tangible-Equity has ranged from 4.51 to 51.06 over the past decade. While the company's 10-year median is 20.28 vs. the industry median of 2.21, C.S.Lumber 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 a Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.21, based on 279 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. C.S.Lumber Co's current Return-on-Tangible-Equity of 2.54% is 14.9% 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 C.S.Lumber Co and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C.S.Lumber Co's current Return-on-Tangible-Equity is 2.54%, which is 87% below median its own 10-year median of 20.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C.S.Lumber Co stock overvalued right now?
Based on GuruFocus' analysis, C.S.Lumber Co (TSE:7808) is currently considered Fairly Valued. The stock's GF Value™ is 円3,011.20, compared to a current price of 円2,757.00 — trading 8.4% below its estimated fair value. The current Return-on-Tangible-Equity is 2.54%, which is 87% below median its 10-year median of 20.28 and 14.9% above the Forest Products industry median of 2.21. C.S.Lumber Co's overall GF Score™ is 60/100 with 5 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 C.S.Lumber Co (TSE:7808), the current Return-on-Tangible-Equity is 2.54% 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 C.S.Lumber Co (TSE:7808) Overvalued in 2026?

Based on GuruFocus' analysis, C.S.Lumber Co stock appears to be undervalued. The current stock price of 円2,757.00 is trading 8.4% below its estimated GF Value™ of 円3,011.20. GuruFocus considers C.S.Lumber Co to be Fairly Valued.

Key valuation signals for TSE:7808:

  • Return-on-Tangible-Equity: 2.54% (87% below median its 10-year median of 20.28)
  • GF Value™: 円3,011.20 vs. price of 円2,757.00 (8.4% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 14.9% above the Forest Products median (#137 of 279)

No single metric tells the full story. See the TSE:7808 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


C.S.Lumber Co Business Description

Address 1-16-3 Makuhari-Hongo, Hanamigawa-ku, Chiba, JPN, 262-0033
C.S.Lumber Co Inc is a Japan-based company, engages in the pre-cutting and sale of a wood business. It is engaged in the computer-aided design, pre-cut processing, and distribution of lumbers, design of two-by-four method, as well as the manufacture and distribution of panels. It is also engaged in the construction contracting of wooden detached houses and wooden general buildings as well as Real Estate Leasing business.
60GF Score

Get the complete analysis for TSE:7808

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

円2,757.00
Price
円3,011.20
GF Value