Tokyo Board Industries Co (TSE:7815) Return-on-Tangible-Equity: -18.14% (As of Sep. 2025)

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TSE:7815 Tokyo Board Industries Co Ltd TSE:7815
23 GF Score
Price 円352.00
! 5 Warning Signs
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What is Tokyo Board Industries Co Return-on-Tangible-Equity?

Tokyo Board Industries Co TSE:7815 +5.07% 23 Return-on-Tangible-Equity is -18.14% as of Sep. 2025. GuruFocus rates TSE:7815 with a GF Score™ of 23/100. The stock has 5 warning signs investors should review. Among 280 Forest Products companies, Tokyo Board Industries Co ranks worse than 87.14% 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. Tokyo Board Industries Co's annualized net income for the quarter that ended in Sep. 2025 was 円-272 Mil. Tokyo Board Industries Co's average shareholder tangible equity for the quarter that ended in Sep. 2025 was 円1,502 Mil. Therefore, Tokyo Board Industries Co's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was -18.14%.

The historical rank and industry rank for Tokyo Board Industries Co's Return-on-Tangible-Equity or its related term are showing as below:

TSE:7815' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -55.87   Med: -9.07   Max: 36.28
Current: -20.21

During the past 11 years, Tokyo Board Industries Co's highest Return-on-Tangible-Equity was 36.28%. The lowest was -55.87%. And the median was -9.07%.

TSE:7815's Return-on-Tangible-Equity is ranked worse than
87.14% of 280 companies
in the Forest Products industry
Industry Median: 2.25 vs TSE:7815: -20.21

Tokyo Board Industries Co  (TSE:7815) 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.


Tokyo Board Industries Co Return-on-Tangible-Equity Related Terms


Tokyo Board Industries Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Tokyo Board Industries 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.

Tokyo Board Industries Co Return-on-Tangible-Equity Chart

Tokyo Board Industries Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.28 -33.31 -36.97 -20.71 -55.87

Tokyo Board Industries Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 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 81.18 0.00 -1.75 -18.14 -64.93

TSE:7815 vs SSD, UFPI, BCC: Return-on-Tangible-Equity Comparison

For the Lumber & Wood Production subindustry, Tokyo Board Industries 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.


Tokyo Board Industries Co Return-on-Tangible-Equity vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tokyo Board Industries Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Tokyo Board Industries Co's Return-on-Tangible-Equity falls into.


TSE:7815
23GF Score
Tokyo Board Industries Co Ltd TSE:7815
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Board Industries Co Return-on-Tangible-Equity Calculation

Tokyo Board Industries Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=-957.041/( (2190.717+1235.089 )/ 2 )
=-957.041/1712.903
=-55.87 %

Tokyo Board Industries Co's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=-272.444/( (1535.374+1468.299)/ 2 )
=-272.444/1501.8365
=-18.14 %

* 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 (Sep. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -18.14% mean?
Tokyo Board Industries Co (TSE:7815) has a Return-on-Tangible-Equity of -18.14% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tokyo Board Industries Co and its competitors. According to the industry distribution chart, Tokyo Board Industries Co ranks #244 out of 280 companies in the Forest Products industry, placing it in the top 87.1%.
Is Tokyo Board Industries Co's Return-on-Tangible-Equity too high?
Tokyo Board Industries Co's current Return-on-Tangible-Equity is -18.14%. Based on the distribution chart, Tokyo Board Industries Co ranks #244 out of 280 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Tokyo Board Industries Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Tokyo Board Industries Co's Return-on-Tangible-Equity compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Tokyo Board Industries Co ranks #244 out of 280 companies for Return-on-Tangible-Equity. This places Tokyo Board Industries Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 2.25. 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 2.25, based on 280 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 Tokyo Board Industries Co and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Board Industries Co's current Return-on-Tangible-Equity is -18.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Board Industries Co stock overvalued right now?
Tokyo Board Industries Co (TSE:7815) has a current Return-on-Tangible-Equity of -18.14%. The current Return-on-Tangible-Equity is -18.14%. Tokyo Board Industries Co's overall GF Score™ is 23/100 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 Tokyo Board Industries Co (TSE:7815), the current Return-on-Tangible-Equity is -18.14% as of Sep. 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.

Tokyo Board Industries Co Business Description

Address Shinkiba 2-11-1, Koto-ku, Tokyo, JPN, 136-0082
Tokyo Board Industries Co Ltd is engaged in the manufacture and sale of particleboard. Its operating segments include Particle board; Waste collection, transportation & processing; and Others.
23GF Score

Get the complete analysis for TSE:7815

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

円352.00
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