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Land Business CoTSE:8944 -0.83%65 Return-on-Tangible-Equity is 26.48% as of Mar. 2026, which is 1137% above its 10-year median of 2.14. GuruFocus rates TSE:8944 with a GF Score™ of 65/100 and a GF Value™ of 円531.35 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,717 Real Estate companies, Land Business Co ranks worse than 66.22% 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. Land Business Co's annualized net income for the quarter that ended in Mar. 2026 was 円3,591 Mil. Land Business Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円13,561 Mil. Therefore, Land Business Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 26.48%.
The historical rank and industry rank for Land Business Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:8944'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.46 Med: 2.14 Max: 2.79
Current: 1
During the past 13 years, Land Business Co's highest Return-on-Tangible-Equity was 2.79%. The lowest was -13.46%. And the median was 2.14%.
TSE:8944's Return-on-Tangible-Equity is ranked worse than 66.22% of 1717
companies
in the Real Estate industry
Industry Median: 4.27
vs TSE:8944: 1.00
Land Business Co (TSE:8944) 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.
Land Business Co Return-on-Tangible-Equity Related Terms
Land Business Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Land Business 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:8944 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Land Business 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.
Land Business Co Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Land Business Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Land Business 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 (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 26.48% mean?
Land Business Co (TSE:8944) has a Return-on-Tangible-Equity of 26.48% 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 Land Business Co and its competitors. This is 1137% above median its historical median of 2.14. According to the industry distribution chart, Land Business Co ranks #1137 out of 1717 companies in the Real Estate industry, placing it in the top 66.2%.
Is Land Business Co's Return-on-Tangible-Equity too high?
Land Business Co's current Return-on-Tangible-Equity of 26.48% is 1137% above median its 10-year median of 2.14. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Land Business Co's value of 26.48% is 520.1% above this industry median. Based on the distribution chart, Land Business Co ranks #1137 out of 1717 companies in the Real Estate industry, which is below the industry midpoint. Overall, Land Business Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Land Business Co's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Land Business Co ranks #1137 out of 1717 companies for Return-on-Tangible-Equity. This places Land Business Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.27. Land Business Co's value of 26.48% is 520.1% above this benchmark. While the company's 10-year median is 2.14 vs. the industry median of 4.27, Land Business 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. Land Business Co's current Return-on-Tangible-Equity of 26.48% is 520.1% 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 Land Business 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. Land Business Co's current Return-on-Tangible-Equity is 26.48%, which is 1137% above median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Land Business Co stock overvalued right now?
Based on GuruFocus' analysis, Land Business Co (TSE:8944) is currently considered Possible Value Trap. The stock's GF Value™ is 円531.35, compared to a current price of 円240.00 — trading 54.8% below its estimated fair value. The current Return-on-Tangible-Equity is 26.48%, which is 1137% above median its 10-year median of 2.14 and 520.1% above the Real Estate industry median of 4.27. Land Business Co's overall GF Score™ is 65/100 with 5 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 Land Business Co (TSE:8944), the current Return-on-Tangible-Equity is 26.48% 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 Land Business Co (TSE:8944) Overvalued in 2026?
Based on GuruFocus' analysis, Land Business Co stock appears to be undervalued.
The current stock price of 円240.00 is trading 54.8% below its estimated GF Value™ of 円531.35.
GuruFocus considers Land Business Co to be Possible Value Trap.
Key valuation signals for TSE:8944:
Return-on-Tangible-Equity: 26.48% (1137% above median its 10-year median of 2.14)
GF Value™: 円531.35 vs. price of 円240.00 (54.8% below fair value)
Industry Position: 520.1% above the Real Estate median (#1137 of 1717)
No single metric tells the full story. See the TSE:8944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Land Business Co Ltd is a real estate services company based in Japan. The company operates through two segments: Real Estate Investment business and Design and Construction business. In the Real Estate Investment business, the company acquires land, inject the know-how, cultivated in the design and build office buildings. The Design and Construction business consists of design supervision business, building and consulting business to support real estate owners.
65GF Score
Get the complete analysis for TSE:8944
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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