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.
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.
Chori CoTSE:8014 -1.14%77 Return-on-Tangible-Equity is 18.78% as of Mar. 2026, which is 63% above its 10-year median of 11.51. GuruFocus rates TSE:8014 with a GF Score™ of 77/100 and a GF Value™ of 円3,417.76 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 549 Conglomerates companies, Chori Co ranks better than 69.95% 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. Chori Co's annualized net income for the quarter that ended in Mar. 2026 was 円17,640 Mil. Chori Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円93,919 Mil. Therefore, Chori Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 18.78%.
The historical rank and industry rank for Chori Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:8014'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.19 Med: 11.51 Max: 14.28
Current: 13.65
During the past 13 years, Chori Co's highest Return-on-Tangible-Equity was 14.28%. The lowest was 2.19%. And the median was 11.51%.
TSE:8014's Return-on-Tangible-Equity is ranked better than 69.95% of 549
companies
in the Conglomerates industry
Industry Median: 7.44
vs TSE:8014: 13.65
Chori Co (TSE:8014) 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.
Chori Co Return-on-Tangible-Equity Related Terms
Chori Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Chori 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.
TSE:8014 vs MMM, HON: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Chori 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.
Chori Co Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Chori Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chori 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 (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 18.78% mean?
Chori Co (TSE:8014) has a Return-on-Tangible-Equity of 18.78% 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 Chori Co and its competitors. This is 63% above median its historical median of 11.51. Over the past decade, Chori Co's Return-on-Tangible-Equity has ranged from 2.19 to 14.28. According to the industry distribution chart, Chori Co ranks #165 out of 549 companies in the Conglomerates industry, placing it in the top 30.1%.
Is Chori Co's Return-on-Tangible-Equity too high?
Chori Co's current Return-on-Tangible-Equity of 18.78% is 63% above median its 10-year median of 11.51. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 14.28. The Conglomerates industry median Return-on-Tangible-Equity is 7.44. Chori Co's value of 18.78% is 152.4% above this industry median. Based on the distribution chart, Chori Co ranks #165 out of 549 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Chori Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chori Co's Return-on-Tangible-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, Chori Co ranks #165 out of 549 companies for Return-on-Tangible-Equity. This puts Chori Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.44. Chori Co's value of 18.78% is 152.4% above this benchmark. Historically, Chori Co's own Return-on-Tangible-Equity has ranged from 2.19 to 14.28 over the past decade. While the company's 10-year median is 11.51 vs. the industry median of 7.44, Chori 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.44, based on 549 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. Chori Co's current Return-on-Tangible-Equity of 18.78% is 152.4% 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 Chori Co and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chori Co's current Return-on-Tangible-Equity is 18.78%, which is 63% above median its own 10-year median of 11.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chori Co stock overvalued right now?
Based on GuruFocus' analysis, Chori Co (TSE:8014) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,417.76, compared to a current price of 円3,905.00 — trading 14.3% above its estimated fair value. The current Return-on-Tangible-Equity is 18.78%, which is 63% above median its 10-year median of 11.51 and 152.4% above the Conglomerates industry median of 7.44. Chori Co's overall GF Score™ is 77/100 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 Chori Co (TSE:8014), the current Return-on-Tangible-Equity is 18.78% 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 Chori Co (TSE:8014) Overvalued in 2026?
Based on GuruFocus' analysis, Chori Co stock appears to be overvalued.
The current stock price of 円3,905.00 is trading 14.3% above its estimated GF Value™ of 円3,417.76.
GuruFocus considers Chori Co to be Modestly Overvalued.
Key valuation signals for TSE:8014:
Return-on-Tangible-Equity: 18.78% (63% above median its 10-year median of 11.51)
GF Value™: 円3,417.76 vs. price of 円3,905.00 (14.3% above fair value)
Industry Position: 152.4% above the Conglomerates median (#165 of 549)
No single metric tells the full story. See the TSE:8014 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chori Co Ltd engages in textiles, chemicals, and machinery businesses. The textile business is engaged in weaving, knitting, dyeing and sewing. It sells polyester threads mainly for materials such as car seats, and handling fabrics centering on car seats and for apparels. Chemical business develops inorganic chemicals and mineral products for cosmetics, personal care and food additive applications. Machinery businesses export agricultural machinery, construction machinery, industrial equipment, and marine equipment. Chori has geographic operations in China, Japan, Europe, the United States, Hong Kong, and the Middle East.
77GF Score
Get the complete analysis for TSE:8014
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8014 has been successfully added to your 
