Kuwazawa Holdings (TSE:8104) Return-on-Tangible-Equity: 7.88% (As of Mar. 2026) — 60% Above Median

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TSE:8104 Kuwazawa Holdings Corp TSE:8104
72 GF Score
Price 円672.00
GF Value 円608.30
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Kuwazawa Holdings Return-on-Tangible-Equity?

Kuwazawa Holdings TSE:8104 -1.32% 72 Return-on-Tangible-Equity is 7.88% as of Mar. 2026, which is 60% above its 10-year median of 4.93. GuruFocus rates TSE:8104 with a GF Score™ of 72/100 and a GF Value™ of 円608.30 (Fairly Valued). The stock has 3 warning signs investors should review. Among 397 Building Materials companies, Kuwazawa Holdings ranks better than 56.17% 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. Kuwazawa Holdings's annualized net income for the quarter that ended in Mar. 2026 was 円1,322 Mil. Kuwazawa Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円16,776 Mil. Therefore, Kuwazawa Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.88%.

The historical rank and industry rank for Kuwazawa Holdings's Return-on-Tangible-Equity or its related term are showing as below:

TSE:8104' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.81   Med: 4.93   Max: 6.61
Current: 6.54

During the past 13 years, Kuwazawa Holdings's highest Return-on-Tangible-Equity was 6.61%. The lowest was 0.81%. And the median was 4.93%.

TSE:8104's Return-on-Tangible-Equity is ranked better than
56.17% of 397 companies
in the Building Materials industry
Industry Median: 5.06 vs TSE:8104: 6.54

Kuwazawa Holdings  (TSE:8104) 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.


Kuwazawa Holdings Return-on-Tangible-Equity Related Terms


Kuwazawa Holdings Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Kuwazawa Holdings'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.

Kuwazawa Holdings Return-on-Tangible-Equity Chart

Kuwazawa Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.05 4.22 5.03 4.83 6.53

Kuwazawa Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 5.77 6.69 3.07 5.15 7.88

TSE:8104 vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison

For the Building Materials subindustry, Kuwazawa Holdings'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.


Kuwazawa Holdings Return-on-Tangible-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kuwazawa Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kuwazawa Holdings's Return-on-Tangible-Equity falls into.


TSE:8104
72GF Score
Kuwazawa Holdings Corp TSE:8104
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kuwazawa Holdings Return-on-Tangible-Equity Calculation

Kuwazawa Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1078/( (15921+17074 )/ 2 )
=1078/16497.5
=6.53 %

Kuwazawa Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=1322/( (16478+17074)/ 2 )
=1322/16776
=7.88 %

* 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 (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 7.88% mean?
Kuwazawa Holdings (TSE:8104) has a Return-on-Tangible-Equity of 7.88% 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 Kuwazawa Holdings and its competitors. This is 60% above median its historical median of 4.93. Over the past decade, Kuwazawa Holdings' Return-on-Tangible-Equity has ranged from 0.81 to 6.61. According to the industry distribution chart, Kuwazawa Holdings ranks #174 out of 397 companies in the Building Materials industry, placing it in the top 43.8%.
Is Kuwazawa Holdings' Return-on-Tangible-Equity too high?
Kuwazawa Holdings' current Return-on-Tangible-Equity of 7.88% is 60% above median its 10-year median of 4.93. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 6.61. The Building Materials industry median Return-on-Tangible-Equity is 5.06. Kuwazawa Holdings' value of 7.88% is 55.7% above this industry median. Based on the distribution chart, Kuwazawa Holdings ranks #174 out of 397 companies in the Building Materials industry, which is above the industry midpoint. Overall, Kuwazawa Holdings has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kuwazawa Holdings' Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Kuwazawa Holdings ranks #174 out of 397 companies for Return-on-Tangible-Equity. This puts Kuwazawa Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.06. Kuwazawa Holdings' value of 7.88% is 55.7% above this benchmark. Historically, Kuwazawa Holdings' own Return-on-Tangible-Equity has ranged from 0.81 to 6.61 over the past decade. While the company's 10-year median is 4.93 vs. the industry median of 5.06, Kuwazawa Holdings 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 397 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. Kuwazawa Holdings's current Return-on-Tangible-Equity of 7.88% is 55.7% 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 Kuwazawa Holdings and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kuwazawa Holdings's current Return-on-Tangible-Equity is 7.88%, which is 60% above median its own 10-year median of 4.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuwazawa Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kuwazawa Holdings (TSE:8104) is currently considered Fairly Valued. The stock's GF Value™ is 円608.30, compared to a current price of 円672.00 — trading 10.5% above its estimated fair value. The current Return-on-Tangible-Equity is 7.88%, which is 60% above median its 10-year median of 4.93 and 55.7% above the Building Materials industry median of 5.06. Kuwazawa Holdings' overall GF Score™ is 72/100 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 Kuwazawa Holdings (TSE:8104), the current Return-on-Tangible-Equity is 7.88% 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 Kuwazawa Holdings (TSE:8104) Overvalued in 2026?

Based on GuruFocus' analysis, Kuwazawa Holdings stock appears to be overvalued. The current stock price of 円672.00 is trading 10.5% above its estimated GF Value™ of 円608.30. GuruFocus considers Kuwazawa Holdings to be Fairly Valued.

Key valuation signals for TSE:8104:

  • Return-on-Tangible-Equity: 7.88% (60% above median its 10-year median of 4.93)
  • GF Value™: 円608.30 vs. price of 円672.00 (10.5% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 55.7% above the Building Materials median (#174 of 397)

No single metric tells the full story. See the TSE:8104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kuwazawa Holdings Business Description

Address 7-1-1, Chuo 2-7, Shiroishi-ku, Hokkaido Kuwazawa Group Headquarters Building, Sapporo, JPN, 003-8560
Kuwazawa Holdings Corp operates in the construction industry. The company is engaged in the sale of construction materials, such as cement, concrete, pile, concrete products, concrete admixture, shelf, water materials, general steel products, and others. It also has a leasing business.
72GF Score

Get the complete analysis for TSE:8104

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

円672.00
Price
円608.30
GF Value