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The Kyoto HotelTSE:9723 71 Return-on-Tangible-Equity is 42.88% as of Mar. 2026, which is 455% above its 10-year median of 7.72. GuruFocus rates TSE:9723 with a GF Score™ of 71/100 and a GF Value™ of 円748.30 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 793 Travel & Leisure companies, The Kyoto Hotel ranks better than 79.19% 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. The Kyoto Hotel's annualized net income for the quarter that ended in Mar. 2026 was 円1,313 Mil. The Kyoto Hotel's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円3,062 Mil. Therefore, The Kyoto Hotel's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 42.88%.
The historical rank and industry rank for The Kyoto Hotel's Return-on-Tangible-Equity or its related term are showing as below:
TSE:9723'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -149.49 Med: 7.72 Max: 61.39
Current: 30.04
During the past 13 years, The Kyoto Hotel's highest Return-on-Tangible-Equity was 61.39%. The lowest was -149.49%. And the median was 7.72%.
TSE:9723's Return-on-Tangible-Equity is ranked better than 79.19% of 793
companies
in the Travel & Leisure industry
Industry Median: 7.69
vs TSE:9723: 30.04
The Kyoto Hotel (TSE:9723) 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.
The Kyoto Hotel Return-on-Tangible-Equity Related Terms
The Kyoto Hotel Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for The Kyoto Hotel'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:9723 vs MAR, HLT, H: Return-on-Tangible-Equity Comparison
For the Lodging subindustry, The Kyoto Hotel'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.
The Kyoto Hotel Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, The Kyoto Hotel's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where The Kyoto Hotel'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 42.88% mean?
The Kyoto Hotel (TSE:9723) has a Return-on-Tangible-Equity of 42.88% 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 The Kyoto Hotel and its competitors. This is 455% above median its historical median of 7.72. According to the industry distribution chart, The Kyoto Hotel ranks #165 out of 793 companies in the Travel & Leisure industry, placing it in the top 20.8%.
Is The Kyoto Hotel's Return-on-Tangible-Equity too high?
The Kyoto Hotel's current Return-on-Tangible-Equity of 42.88% is 455% above median its 10-year median of 7.72. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.69. The Kyoto Hotel's value of 42.88% is 457.6% above this industry median. Based on the distribution chart, The Kyoto Hotel ranks #165 out of 793 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, The Kyoto Hotel has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Kyoto Hotel's Return-on-Tangible-Equity compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, The Kyoto Hotel ranks #165 out of 793 companies for Return-on-Tangible-Equity. This places The Kyoto Hotel in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.69. The Kyoto Hotel's value of 42.88% is 457.6% above this benchmark. While the company's 10-year median is 7.72 vs. the industry median of 7.69, The Kyoto Hotel 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.69, based on 793 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. The Kyoto Hotel's current Return-on-Tangible-Equity of 42.88% is 457.6% 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 The Kyoto Hotel and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Kyoto Hotel's current Return-on-Tangible-Equity is 42.88%, which is 455% above median its own 10-year median of 7.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Kyoto Hotel stock overvalued right now?
Based on GuruFocus' analysis, The Kyoto Hotel (TSE:9723) is currently considered Modestly Undervalued. The stock's GF Value™ is 円748.30, compared to a current price of 円632.00 — trading 15.5% below its estimated fair value. The current Return-on-Tangible-Equity is 42.88%, which is 455% above median its 10-year median of 7.72 and 457.6% above the Travel & Leisure industry median of 7.69. The Kyoto Hotel's overall GF Score™ is 71/100 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 The Kyoto Hotel (TSE:9723), the current Return-on-Tangible-Equity is 42.88% 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 The Kyoto Hotel (TSE:9723) Overvalued in 2026?
Based on GuruFocus' analysis, The Kyoto Hotel stock appears to be undervalued.
The current stock price of 円632.00 is trading 15.5% below its estimated GF Value™ of 円748.30.
GuruFocus considers The Kyoto Hotel to be Modestly Undervalued.
Key valuation signals for TSE:9723:
Return-on-Tangible-Equity: 42.88% (455% above median its 10-year median of 7.72)
GF Value™: 円748.30 vs. price of 円632.00 (15.5% below fair value)
Industry Position: 457.6% above the Travel & Leisure median (#165 of 793)
No single metric tells the full story. See the TSE:9723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Kyoto Hotel Ltd operates hotels & banquet halls in Japan. The Company manages restaurants & bars under the names of Kyoto Hotel Okura and Karasuma Kyoto Hotel. It operates in four divisions: accommodation, banquet, restaurant & others division. It also has the online shop.
71GF Score
Get the complete analysis for TSE:9723
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