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Laox Holdings CoTSE:8202 48 Return-on-Tangible-Equity is 26.63% as of Dec. 2025. GuruFocus rates TSE:8202 with a GF Score™ of 48/100 and a GF Value™ of 円212.95 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,060 Retail - Cyclical companies, Laox Holdings Co ranks worse than 69.81% 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. Laox Holdings Co's annualized net income for the quarter that ended in Dec. 2025 was 円5,616 Mil. Laox Holdings Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円21,087 Mil. Therefore, Laox Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 26.63%.
The historical rank and industry rank for Laox Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:8202'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -51.46 Med: -1.53 Max: 10.11
Current: 2.05
During the past 13 years, Laox Holdings Co's highest Return-on-Tangible-Equity was 10.11%. The lowest was -51.46%. And the median was -1.53%.
TSE:8202's Return-on-Tangible-Equity is ranked worse than 69.81% of 1060
companies
in the Retail - Cyclical industry
Industry Median: 8.455
vs TSE:8202: 2.05
Laox Holdings Co (TSE:8202) 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.
Laox Holdings Co Return-on-Tangible-Equity Related Terms
Laox Holdings Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Laox 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.
TSE:8202 vs CASY, WSM, DKS: Return-on-Tangible-Equity Comparison
For the Specialty Retail subindustry, Laox 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.
Laox Holdings Co Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Laox Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Laox 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 26.63% mean?
Laox Holdings Co (TSE:8202) has a Return-on-Tangible-Equity of 26.63% 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 Laox Holdings Co and its competitors. According to the industry distribution chart, Laox Holdings Co ranks #740 out of 1060 companies in the Retail - Cyclical industry, placing it in the top 69.8%.
Is Laox Holdings Co's Return-on-Tangible-Equity too high?
Laox Holdings Co's current Return-on-Tangible-Equity is 26.63%. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.46. Laox Holdings Co's value of 26.63% is 215% above this industry median. Based on the distribution chart, Laox Holdings Co ranks #740 out of 1060 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Laox Holdings Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Laox Holdings Co's Return-on-Tangible-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Laox Holdings Co ranks #740 out of 1060 companies for Return-on-Tangible-Equity. This places Laox Holdings Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.46. Laox Holdings Co's value of 26.63% is 215% above this benchmark. 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.46, based on 1,060 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. Laox Holdings Co's current Return-on-Tangible-Equity of 26.63% is 215% 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 Laox Holdings Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laox Holdings Co's current Return-on-Tangible-Equity is 26.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laox Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Laox Holdings Co (TSE:8202) is currently considered Possible Value Trap. The stock's GF Value™ is 円212.95, compared to a current price of 円148.00 — trading 30.5% below its estimated fair value. The current Return-on-Tangible-Equity is 26.63% and 215% above the Retail - Cyclical industry median of 8.46. Laox Holdings Co's overall GF Score™ is 48/100 with 8 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 Laox Holdings Co (TSE:8202), the current Return-on-Tangible-Equity is 26.63% 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 Laox Holdings Co (TSE:8202) Overvalued in 2026?
Based on GuruFocus' analysis, Laox Holdings Co stock appears to be undervalued.
The current stock price of 円148.00 is trading 30.5% below its estimated GF Value™ of 円212.95.
GuruFocus considers Laox Holdings Co to be Possible Value Trap.
Key valuation signals for TSE:8202:
Return-on-Tangible-Equity: 26.63%
GF Value™: 円212.95 vs. price of 円148.00 (30.5% below fair value)
Industry Position: 215% above the Retail - Cyclical median (#740 of 1060)
No single metric tells the full story. See the TSE:8202 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Laox Holdings Co Ltd is a Japan-based Duty-Free store company. It is engaged in the Gift Solutions, Retail, Trading, and Asset Services. The Retail business includes various products which it sells in real stores and through online sales, Gift Solutions business consists Sales of gift items and lifestyle-related products, and others. The Trading business through the import and export of private label products, etc., and Asset Services Business involves the operation and management of mixed-use commercial facilities, real estate sales and brokerage, and rental property management.
48GF Score
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