UnbankedTSE:8746 -0.90%46 Return-on-Tangible-Equity is -144.07% as of Mar. 2026. GuruFocus rates TSE:8746 with a GF Score™ of 46/100 and a GF Value™ of 円435.04 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 779 Capital Markets companies, Unbanked ranks worse than 95.76% 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. Unbanked's annualized net income for the quarter that ended in Mar. 2026 was 円-5,296 Mil. Unbanked's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円3,676 Mil. Therefore, Unbanked's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -144.07%.
The historical rank and industry rank for Unbanked's Return-on-Tangible-Equity or its related term are showing as below:
TSE:8746'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -90.95 Med: -4.2 Max: 13.37
Current: -88.67
During the past 13 years, Unbanked's highest Return-on-Tangible-Equity was 13.37%. The lowest was -90.95%. And the median was -4.20%.
TSE:8746's Return-on-Tangible-Equity is ranked worse than 95.76% of 779
companies
in the Capital Markets industry
Industry Median: 6.56
vs TSE:8746: -88.67
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.
Unbanked Return-on-Tangible-Equity Related Terms
Unbanked Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Unbanked'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:8746 vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Unbanked'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.
Unbanked Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Unbanked's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Unbanked'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 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 -144.07% mean?
Unbanked (TSE:8746) has a Return-on-Tangible-Equity of -144.07% 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 Unbanked and its competitors. According to the industry distribution chart, Unbanked ranks #746 out of 779 companies in the Capital Markets industry, placing it in the top 95.8%.
Is Unbanked's Return-on-Tangible-Equity too high?
Unbanked's current Return-on-Tangible-Equity is -144.07%. Based on the distribution chart, Unbanked ranks #746 out of 779 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Unbanked has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Unbanked's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Unbanked ranks #746 out of 779 companies for Return-on-Tangible-Equity. This places Unbanked in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.56. 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.56, based on 779 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 Unbanked and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unbanked's current Return-on-Tangible-Equity is -144.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unbanked stock overvalued right now?
Based on GuruFocus' analysis, Unbanked (TSE:8746) is currently considered Possible Value Trap. The stock's GF Value™ is 円435.04, compared to a current price of 円110.00 — trading 74.7% below its estimated fair value. The current Return-on-Tangible-Equity is -144.07%. Unbanked's overall GF Score™ is 46/100 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 Unbanked (TSE:8746), the current Return-on-Tangible-Equity is -144.07% 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 Unbanked (TSE:8746) Overvalued in 2026?
Based on GuruFocus' analysis, Unbanked stock appears to be undervalued.
The current stock price of 円110.00 is trading 74.7% below its estimated GF Value™ of 円435.04.
GuruFocus considers Unbanked to be Possible Value Trap.
Key valuation signals for TSE:8746:
Return-on-Tangible-Equity: -144.07%
GF Value™: 円435.04 vs. price of 円110.00 (74.7% below fair value)
No single metric tells the full story. See the TSE:8746 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Unbanked Inc provides commodity futures trading services. It trades for its own account and clients. It also engages in commodity fund business, foreign exchange trading and sale of precious metals.
46GF Score
Get the complete analysis for TSE:8746
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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