Tobu Railway Co (TSE:9001) Return-on-Tangible-Equity: 16.67% (As of Dec. 2025) — 99% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9001 Tobu Railway Co Ltd TSE:9001
74 GF Score
Price 円3,096.00
GF Value 円2,938.48
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Tobu Railway Co Return-on-Tangible-Equity?

Tobu Railway Co TSE:9001 -1.78% 74 Return-on-Tangible-Equity is 16.67% as of Dec. 2025, which is 99% above its 10-year median of 8.38. GuruFocus rates TSE:9001 with a GF Score™ of 74/100 and a GF Value™ of 円2,938.48 (Fairly Valued). The stock has 3 warning signs investors should review. Among 978 Transportation companies, Tobu Railway Co ranks better than 55.11% 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. Tobu Railway Co's annualized net income for the quarter that ended in Dec. 2025 was 円94,652 Mil. Tobu Railway Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円567,780 Mil. Therefore, Tobu Railway Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 16.67%.

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

TSE:9001' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.7   Med: 8.38   Max: 9.93
Current: 9.93

During the past 13 years, Tobu Railway Co's highest Return-on-Tangible-Equity was 9.93%. The lowest was -5.70%. And the median was 8.38%.

TSE:9001's Return-on-Tangible-Equity is ranked better than
55.11% of 978 companies
in the Transportation industry
Industry Median: 8.91 vs TSE:9001: 9.93

Tobu Railway Co  (TSE:9001) 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.


Tobu Railway Co Return-on-Tangible-Equity Related Terms


Tobu Railway Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Tobu Railway 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.

Tobu Railway Co Return-on-Tangible-Equity Chart

Tobu Railway Co 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 3.12 6.56 9.91 9.76 9.86

Tobu Railway Co 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 7.12 10.43 7.33 16.67 5.42

TSE:9001 vs UNP, CSX, NSC: Return-on-Tangible-Equity Comparison

For the Railroads subindustry, Tobu Railway 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.


Tobu Railway Co Return-on-Tangible-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Tobu Railway Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Tobu Railway Co's Return-on-Tangible-Equity falls into.


TSE:9001
74GF Score
Tobu Railway Co Ltd TSE:9001
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tobu Railway Co Return-on-Tangible-Equity Calculation

Tobu Railway Co'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 )
=55620/( (534645+593587 )/ 2 )
=55620/564116
=9.86 %

Tobu Railway Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=94652/( (557174+578386)/ 2 )
=94652/567780
=16.67 %

* 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 16.67% mean?
Tobu Railway Co (TSE:9001) has a Return-on-Tangible-Equity of 16.67% 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 Tobu Railway Co and its competitors. This is 99% above median its historical median of 8.38. According to the industry distribution chart, Tobu Railway Co ranks #439 out of 978 companies in the Transportation industry, placing it in the top 44.9%.
Is Tobu Railway Co's Return-on-Tangible-Equity too high?
Tobu Railway Co's current Return-on-Tangible-Equity of 16.67% is 99% above median its 10-year median of 8.38. The Transportation industry median Return-on-Tangible-Equity is 8.91. Tobu Railway Co's value of 16.67% is 87.1% above this industry median. Based on the distribution chart, Tobu Railway Co ranks #439 out of 978 companies in the Transportation industry, which is above the industry midpoint. Overall, Tobu Railway Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tobu Railway Co's Return-on-Tangible-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, Tobu Railway Co ranks #439 out of 978 companies for Return-on-Tangible-Equity. This puts Tobu Railway Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.91. Tobu Railway Co's value of 16.67% is 87.1% above this benchmark. While the company's 10-year median is 8.38 vs. the industry median of 8.91, Tobu Railway 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.91, based on 978 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. Tobu Railway Co's current Return-on-Tangible-Equity of 16.67% is 87.1% 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 Tobu Railway Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tobu Railway Co's current Return-on-Tangible-Equity is 16.67%, which is 99% above median its own 10-year median of 8.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tobu Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Tobu Railway Co (TSE:9001) is currently considered Fairly Valued. The stock's GF Value™ is 円2,938.48, compared to a current price of 円3,096.00 — trading 5.4% above its estimated fair value. The current Return-on-Tangible-Equity is 16.67%, which is 99% above median its 10-year median of 8.38 and 87.1% above the Transportation industry median of 8.91. Tobu Railway Co's overall GF Score™ is 74/100 with 3 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 Tobu Railway Co (TSE:9001), the current Return-on-Tangible-Equity is 16.67% 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 Tobu Railway Co (TSE:9001) Overvalued in 2026?

Based on GuruFocus' analysis, Tobu Railway Co stock appears to be overvalued. The current stock price of 円3,096.00 is trading 5.4% above its estimated GF Value™ of 円2,938.48. GuruFocus considers Tobu Railway Co to be Fairly Valued.

Key valuation signals for TSE:9001:

  • Return-on-Tangible-Equity: 16.67% (99% above median its 10-year median of 8.38)
  • GF Value™: 円2,938.48 vs. price of 円3,096.00 (5.4% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 87.1% above the Transportation median (#439 of 978)

No single metric tells the full story. See the TSE:9001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tobu Railway Co Business Description

Address 1-1-2 Oshiage, Sumida-ku, Tokyo, JPN, 131-8522
Tobu Railway Co Ltd is a transportation and industrial company in Japan. The company organises itself into five segments: transportation, leisure, real estate, retail distribution, and others. Transportation, which contributes a portion of revenue, operates passenger transportation services through rail, bus, and taxi, and freight and delivery services. Retail distribution operates department stores and a chain of supermarkets. The leisure segment operates hotels, theme parks, golf courses, and related leisure businesses. The real estate segment leases real estate and operates bicycle and parking lot businesses. The Other business is engaged in the construction industry, electrical work, etc.
74GF Score

Get the complete analysis for TSE:9001

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

円3,096.00
Price
円2,938.48
GF Value