TOMONY Holdings (TSE:8600) Return-on-Tangible-Equity: 6.16% (As of Mar. 2026) — 14% Above Median

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TSE:8600 TOMONY Holdings Inc TSE:8600
49 GF Score
Price 円908.00
GF Value 円444.74
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

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

TOMONY Holdings TSE:8600 -4.82% 49 Return-on-Tangible-Equity is 6.16% as of Mar. 2026, which is 14% above its 10-year median of 5.42. GuruFocus rates TSE:8600 with a GF Score™ of 49/100 and a GF Value™ of 円444.74 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,523 Banks companies, TOMONY Holdings ranks worse than 80.56% 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. TOMONY Holdings's annualized net income for the quarter that ended in Mar. 2026 was 円17,928 Mil. TOMONY Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円291,146 Mil. Therefore, TOMONY Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.16%.

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

TSE:8600' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.71   Med: 5.42   Max: 13.35
Current: 5.63

During the past 13 years, TOMONY Holdings's highest Return-on-Tangible-Equity was 13.35%. The lowest was 3.71%. And the median was 5.42%.

TSE:8600's Return-on-Tangible-Equity is ranked worse than
80.56% of 1523 companies
in the Banks industry
Industry Median: 11.23 vs TSE:8600: 5.63

TOMONY Holdings  (TSE:8600) 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.


TOMONY Holdings Return-on-Tangible-Equity Related Terms


TOMONY Holdings Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for TOMONY 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.

TOMONY Holdings Return-on-Tangible-Equity Chart

TOMONY 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 5.43 5.83 5.40 5.70 5.63

TOMONY Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 2.32 7.40 0.59 8.35 6.16

TOMONY Holdings Return-on-Tangible-Equity Competitor Comparison

For the Banks - Regional subindustry, TOMONY 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.


TOMONY Holdings Return-on-Tangible-Equity vs Banks Industry

For the Banks industry and Financial Services sector, TOMONY Holdings's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:8600
49GF Score
TOMONY Holdings Inc TSE:8600
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOMONY Holdings Return-on-Tangible-Equity Calculation

TOMONY 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 )
=16163/( (280649+293057 )/ 2 )
=16163/286853
=5.63 %

TOMONY 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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=17928/( (289234+293057)/ 2 )
=17928/291145.5
=6.16 %

* 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 6.16% mean?
TOMONY Holdings (TSE:8600) has a Return-on-Tangible-Equity of 6.16% 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 TOMONY Holdings and its competitors. This is 14% above median its historical median of 5.42. Over the past decade, TOMONY Holdings' Return-on-Tangible-Equity has ranged from 3.71 to 13.35. According to the industry distribution chart, TOMONY Holdings ranks #1227 out of 1523 companies in the Banks industry, placing it in the top 80.6%.
Is TOMONY Holdings' Return-on-Tangible-Equity too high?
TOMONY Holdings' current Return-on-Tangible-Equity of 6.16% is 14% above median its 10-year median of 5.42. Over the past 10 years, this metric has ranged from a low of 3.71 to a high of 13.35. The Banks industry median Return-on-Tangible-Equity is 11.23. TOMONY Holdings' value of 6.16% is 45.1% below this industry median. Based on the distribution chart, TOMONY Holdings ranks #1227 out of 1523 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, TOMONY Holdings has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOMONY Holdings' Return-on-Tangible-Equity compare to competitors?
According to the Banks industry distribution chart, TOMONY Holdings ranks #1227 out of 1523 companies for Return-on-Tangible-Equity. This places TOMONY Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.23. TOMONY Holdings' value of 6.16% is 45.1% below this benchmark. Historically, TOMONY Holdings' own Return-on-Tangible-Equity has ranged from 3.71 to 13.35 over the past decade. While the company's 10-year median is 5.42 vs. the industry median of 11.23, TOMONY Holdings has consistently been below 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.23, based on 1,523 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. TOMONY Holdings's current Return-on-Tangible-Equity of 6.16% is 45.1% below 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 TOMONY Holdings and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOMONY Holdings's current Return-on-Tangible-Equity is 6.16%, which is 14% above median its own 10-year median of 5.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOMONY Holdings stock overvalued right now?
Based on GuruFocus' analysis, TOMONY Holdings (TSE:8600) is currently considered Significantly Overvalued. The stock's GF Value™ is 円444.74, compared to a current price of 円908.00 — trading 104.2% above its estimated fair value. The current Return-on-Tangible-Equity is 6.16%, which is 14% above median its 10-year median of 5.42 and 45.1% below the Banks industry median of 11.23. TOMONY Holdings' overall GF Score™ is 49/100 with 6 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 TOMONY Holdings (TSE:8600), the current Return-on-Tangible-Equity is 6.16% 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 TOMONY Holdings (TSE:8600) Overvalued in 2026?

Based on GuruFocus' analysis, TOMONY Holdings stock appears to be overvalued. The current stock price of 円908.00 is trading 104.2% above its estimated GF Value™ of 円444.74. GuruFocus considers TOMONY Holdings to be Significantly Overvalued.

Key valuation signals for TSE:8600:

  • Return-on-Tangible-Equity: 6.16% (14% above median its 10-year median of 5.42)
  • GF Value™: 円444.74 vs. price of 円908.00 (104.2% above fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 45.1% below the Banks median (#1227 of 1523)

No single metric tells the full story. See the TSE:8600 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOMONY Holdings Business Description

Address 7-1, Kamei-cho, Takamatsu-shi, JPN, 760-0050
TOMONY Holdings Inc is engaged in providing banking services.
49GF Score

Get the complete analysis for TSE:8600

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

円908.00
Price
円444.74
GF Value