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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. Area Quest's annualized net income for the quarter that ended in Dec. 2025 was 円0 Mil. Area Quest's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円1,456 Mil. Therefore, Area Quest's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.00%.
The historical rank and industry rank for Area Quest's Return-on-Tangible-Equity or its related term are showing as below:
TSE:8912'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.76 Med: 10.09 Max: 27.09
Current: 7.85
During the past 13 years, Area Quest's highest Return-on-Tangible-Equity was 27.09%. The lowest was 6.76%. And the median was 10.09%.
TSE:8912's Return-on-Tangible-Equity is ranked better than 64.24% of 1714
companies
in the Real Estate industry
Industry Median: 4.27
vs TSE:8912: 7.85
Area Quest (TSE:8912) 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.
Area Quest Return-on-Tangible-Equity Related Terms
Area Quest Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Area Quest'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:8912 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Area Quest'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.
Area Quest Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Area Quest's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Area Quest'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 0.00% mean?
Area Quest (TSE:8912) has a Return-on-Tangible-Equity of 0.00% 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 Area Quest and its competitors. Over the past decade, Area Quest's Return-on-Tangible-Equity has ranged from 6.76 to 27.09. According to the industry distribution chart, Area Quest ranks #613 out of 1714 companies in the Real Estate industry, placing it in the top 35.8%.
Is Area Quest's Return-on-Tangible-Equity too high?
Area Quest's current Return-on-Tangible-Equity is 0.00%. Over the past 10 years, this metric has ranged from a low of 6.76 to a high of 27.09. Based on the distribution chart, Area Quest ranks #613 out of 1714 companies in the Real Estate industry, which is above the industry midpoint. Overall, Area Quest has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Area Quest's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Area Quest ranks #613 out of 1714 companies for Return-on-Tangible-Equity. This puts Area Quest in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.27. Historically, Area Quest's own Return-on-Tangible-Equity has ranged from 6.76 to 27.09 over the past decade. 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,714 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 Area Quest and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Area Quest's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Area Quest stock overvalued right now?
Based on GuruFocus' analysis, Area Quest (TSE:8912) is currently considered Modestly Overvalued. The stock's GF Value™ is 円131.10, compared to a current price of 円151.00 — trading 15.2% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Area Quest's overall GF Score™ is 75/100 with 2 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 Area Quest (TSE:8912), the current Return-on-Tangible-Equity is 0.00% 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 Area Quest (TSE:8912) Overvalued in 2026?
Based on GuruFocus' analysis, Area Quest stock appears to be overvalued.
The current stock price of 円151.00 is trading 15.2% above its estimated GF Value™ of 円131.10.
GuruFocus considers Area Quest to be Modestly Overvalued.
Key valuation signals for TSE:8912:
Return-on-Tangible-Equity: 0.00%
GF Value™: 円131.10 vs. price of 円151.00 (15.2% above fair value)
No single metric tells the full story. See the TSE:8912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Area Quest Inc operates as a real estate business solution provider. The business of the company includes tenant invitation, update and contract management, and building management.
75GF Score
Get the complete analysis for TSE:8912
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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