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FJ Next Holdings CoTSE:8935 +0.83%93 Return-on-Tangible-Equity is 16.15% as of Mar. 2026, which is 36% above its 10-year median of 11.88. GuruFocus rates TSE:8935 with a GF Score™ of 93/100 and a GF Value™ of 円1,827.34 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,717 Real Estate companies, FJ Next Holdings Co ranks better than 79.5% 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. FJ Next Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was 円12,654 Mil. FJ Next Holdings Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円78,357 Mil. Therefore, FJ Next Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.15%.
The historical rank and industry rank for FJ Next Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:8935'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.2 Med: 11.88 Max: 16.32
Current: 13.08
During the past 13 years, FJ Next Holdings Co's highest Return-on-Tangible-Equity was 16.32%. The lowest was 9.20%. And the median was 11.88%.
TSE:8935's Return-on-Tangible-Equity is ranked better than 79.5% of 1717
companies
in the Real Estate industry
Industry Median: 4.27
vs TSE:8935: 13.08
FJ Next Holdings Co (TSE:8935) 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.
FJ Next Holdings Co Return-on-Tangible-Equity Related Terms
FJ Next Holdings Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for FJ Next 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.
FJ Next Holdings Co Return-on-Tangible-Equity Chart
FJ Next Holdings Co Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Diversified subindustry, FJ Next 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.
FJ Next Holdings Co Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, FJ Next Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where FJ Next 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 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 16.15% mean?
FJ Next Holdings Co (TSE:8935) has a Return-on-Tangible-Equity of 16.15% 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 FJ Next Holdings Co and its competitors. This is 36% above median its historical median of 11.88. Over the past decade, FJ Next Holdings Co's Return-on-Tangible-Equity has ranged from 9.20 to 16.32. According to the industry distribution chart, FJ Next Holdings Co ranks #352 out of 1717 companies in the Real Estate industry, placing it in the top 20.5%.
Is FJ Next Holdings Co's Return-on-Tangible-Equity too high?
FJ Next Holdings Co's current Return-on-Tangible-Equity of 16.15% is 36% above median its 10-year median of 11.88. Over the past 10 years, this metric has ranged from a low of 9.20 to a high of 16.32. The Real Estate industry median Return-on-Tangible-Equity is 4.27. FJ Next Holdings Co's value of 16.15% is 278.2% above this industry median. Based on the distribution chart, FJ Next Holdings Co ranks #352 out of 1717 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, FJ Next Holdings Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FJ Next Holdings Co's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, FJ Next Holdings Co ranks #352 out of 1717 companies for Return-on-Tangible-Equity. This places FJ Next Holdings Co in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. FJ Next Holdings Co's value of 16.15% is 278.2% above this benchmark. Historically, FJ Next Holdings Co's own Return-on-Tangible-Equity has ranged from 9.20 to 16.32 over the past decade. While the company's 10-year median is 11.88 vs. the industry median of 4.27, FJ Next Holdings Co 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,717 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. FJ Next Holdings Co's current Return-on-Tangible-Equity of 16.15% is 278.2% 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 FJ Next Holdings Co 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. FJ Next Holdings Co's current Return-on-Tangible-Equity is 16.15%, which is 36% above median its own 10-year median of 11.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FJ Next Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, FJ Next Holdings Co (TSE:8935) is currently considered Fairly Valued. The stock's GF Value™ is 円1,827.34, compared to a current price of 円1,814.00 — trading 0.7% below its estimated fair value. The current Return-on-Tangible-Equity is 16.15%, which is 36% above median its 10-year median of 11.88 and 278.2% above the Real Estate industry median of 4.27. FJ Next Holdings Co's overall GF Score™ is 93/100 with 4 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 FJ Next Holdings Co (TSE:8935), the current Return-on-Tangible-Equity is 16.15% 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 FJ Next Holdings Co (TSE:8935) Overvalued in 2026?
Based on GuruFocus' analysis, FJ Next Holdings Co stock appears to be undervalued.
The current stock price of 円1,814.00 is trading 0.7% below its estimated GF Value™ of 円1,827.34.
GuruFocus considers FJ Next Holdings Co to be Fairly Valued.
Key valuation signals for TSE:8935:
Return-on-Tangible-Equity: 16.15% (36% above median its 10-year median of 11.88)
GF Value™: 円1,827.34 vs. price of 円1,814.00 (0.7% below fair value)
Industry Position: 278.2% above the Real Estate median (#352 of 1717)
No single metric tells the full story. See the TSE:8935 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FJ Next Holdings Co Ltd operates in the real estate sector in Japan. Along with its subsidiaries, the company operates in the following reportable segments: Real Estate Development, Real Estate Management, Construction, Hotel, and others. The majority of its revenue is generated from the Real Estate Development business, which is engaged in the development, sales, and marketing of studio apartments, resort properties, and family apartments (Gala Mansion Series and Gala Residencies) mainly in the Tokyo metropolitan area. In addition, this segment also offers rental recruitment and real estate brokerage services.
93GF Score
Get the complete analysis for TSE:8935
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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