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Forval RealStraightTSE:9423 -0.97%71 Return-on-Tangible-Equity is 41.38% as of Mar. 2026, which is 73% above its 10-year median of 23.96. GuruFocus rates TSE:9423 with a GF Score™ of 71/100 and a GF Value™ of 円156.59 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,719 Real Estate companies, Forval RealStraight ranks better than 91.39% 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. Forval RealStraight's annualized net income for the quarter that ended in Mar. 2026 was 円278 Mil. Forval RealStraight's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円672 Mil. Therefore, Forval RealStraight's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 41.38%.
The historical rank and industry rank for Forval RealStraight's Return-on-Tangible-Equity or its related term are showing as below:
TSE:9423'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.38 Med: 23.96 Max: 47.66
Current: 25.75
During the past 13 years, Forval RealStraight's highest Return-on-Tangible-Equity was 47.66%. The lowest was 11.38%. And the median was 23.96%.
TSE:9423's Return-on-Tangible-Equity is ranked better than 91.39% of 1719
companies
in the Real Estate industry
Industry Median: 4.27
vs TSE:9423: 25.75
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.
Forval RealStraight Return-on-Tangible-Equity Related Terms
Forval RealStraight Return-on-Tangible-Equity Historical Data
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The historical data trend for Forval RealStraight'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:9423 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Forval RealStraight'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.
Forval RealStraight Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Forval RealStraight's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Forval RealStraight'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 41.38% mean?
Forval RealStraight (TSE:9423) has a Return-on-Tangible-Equity of 41.38% 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 Forval RealStraight and its competitors. This is 73% above median its historical median of 23.96. Over the past decade, Forval RealStraight's Return-on-Tangible-Equity has ranged from 11.38 to 47.66. According to the industry distribution chart, Forval RealStraight ranks #148 out of 1719 companies in the Real Estate industry, placing it in the top 8.6%.
Is Forval RealStraight's Return-on-Tangible-Equity too high?
Forval RealStraight's current Return-on-Tangible-Equity of 41.38% is 73% above median its 10-year median of 23.96. Over the past 10 years, this metric has ranged from a low of 11.38 to a high of 47.66. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Forval RealStraight's value of 41.38% is 869.1% above this industry median. Based on the distribution chart, Forval RealStraight ranks #148 out of 1719 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Forval RealStraight has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forval RealStraight's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Forval RealStraight ranks #148 out of 1719 companies for Return-on-Tangible-Equity. This places Forval RealStraight in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. Forval RealStraight's value of 41.38% is 869.1% above this benchmark. Historically, Forval RealStraight's own Return-on-Tangible-Equity has ranged from 11.38 to 47.66 over the past decade. While the company's 10-year median is 23.96 vs. the industry median of 4.27, Forval RealStraight 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 1,719 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. Forval RealStraight's current Return-on-Tangible-Equity of 41.38% is 869.1% 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 Forval RealStraight 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. Forval RealStraight's current Return-on-Tangible-Equity is 41.38%, which is 73% above median its own 10-year median of 23.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval RealStraight stock overvalued right now?
Based on GuruFocus' analysis, Forval RealStraight (TSE:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is 円156.59, compared to a current price of 円102.00 — trading 34.9% below its estimated fair value. The current Return-on-Tangible-Equity is 41.38%, which is 73% above median its 10-year median of 23.96 and 869.1% above the Real Estate industry median of 4.27. Forval RealStraight's overall GF Score™ is 71/100 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 Forval RealStraight (TSE:9423), the current Return-on-Tangible-Equity is 41.38% 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 Forval RealStraight (TSE:9423) Overvalued in 2026?
Based on GuruFocus' analysis, Forval RealStraight stock appears to be undervalued.
The current stock price of 円102.00 is trading 34.9% below its estimated GF Value™ of 円156.59.
GuruFocus considers Forval RealStraight to be Significantly Undervalued.
Key valuation signals for TSE:9423:
Return-on-Tangible-Equity: 41.38% (73% above median its 10-year median of 23.96)
GF Value™: 円156.59 vs. price of 円102.00 (34.9% below fair value)
Industry Position: 869.1% above the Real Estate median (#148 of 1719)
No single metric tells the full story. See the TSE:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forval RealStraight Inc is a real estate service provider. The business of the company includes real estate brokerage, office relocation support services, and sales of OA communication equipment.
71GF Score
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