Yamazawa Co (TSE:9993) Return-on-Tangible-Equity: 5.16% (As of Feb. 2026) — 274% 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:9993 Yamazawa Co Ltd TSE:9993
66 GF Score
Price 円1,173.00
GF Value 円1,258.87
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Yamazawa Co Return-on-Tangible-Equity?

Yamazawa Co TSE:9993 66 Return-on-Tangible-Equity is 5.16% as of Feb. 2026, which is 274% above its 10-year median of 1.38. GuruFocus rates TSE:9993 with a GF Score™ of 66/100 and a GF Value™ of 円1,258.87 (Fairly Valued). The stock has 2 warning signs investors should review. Among 301 Retail - Defensive companies, Yamazawa Co ranks worse than 67.11% 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. Yamazawa Co's annualized net income for the quarter that ended in Feb. 2026 was 円1,246 Mil. Yamazawa Co's average shareholder tangible equity for the quarter that ended in Feb. 2026 was 円24,134 Mil. Therefore, Yamazawa Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 5.16%.

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

TSE:9993' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.34   Med: 1.38   Max: 5.75
Current: 5.75

During the past 13 years, Yamazawa Co's highest Return-on-Tangible-Equity was 5.75%. The lowest was -10.34%. And the median was 1.38%.

TSE:9993's Return-on-Tangible-Equity is ranked worse than
67.11% of 301 companies
in the Retail - Defensive industry
Industry Median: 10.96 vs TSE:9993: 5.75

Yamazawa Co  (TSE:9993) 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.


Yamazawa Co Return-on-Tangible-Equity Related Terms


Yamazawa Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Yamazawa 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.

Yamazawa Co Return-on-Tangible-Equity Chart

Yamazawa Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 0.75 1.66 -10.34 5.18

Yamazawa Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 -4.17 -8.03 -12.65 6.32 5.16

TSE:9993 vs KR: Return-on-Tangible-Equity Comparison

For the Grocery Stores subindustry, Yamazawa 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.


Yamazawa Co Return-on-Tangible-Equity vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Yamazawa Co's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:9993
66GF Score
Yamazawa Co Ltd TSE:9993
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yamazawa Co Return-on-Tangible-Equity Calculation

Yamazawa Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=1237/( (23672+24119 )/ 2 )
=1237/23895.5
=5.18 %

Yamazawa Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=1246/( (24149+24119)/ 2 )
=1246/24134
=5.16 %

* 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 (Feb. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 5.16% mean?
Yamazawa Co (TSE:9993) has a Return-on-Tangible-Equity of 5.16% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Yamazawa Co and its competitors. This is 274% above median its historical median of 1.38. According to the industry distribution chart, Yamazawa Co ranks #202 out of 301 companies in the Retail - Defensive industry, placing it in the top 67.1%.
Is Yamazawa Co's Return-on-Tangible-Equity too high?
Yamazawa Co's current Return-on-Tangible-Equity of 5.16% is 274% above median its 10-year median of 1.38. The Retail - Defensive industry median Return-on-Tangible-Equity is 10.96. Yamazawa Co's value of 5.16% is 52.9% below this industry median. Based on the distribution chart, Yamazawa Co ranks #202 out of 301 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Yamazawa Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yamazawa Co's Return-on-Tangible-Equity compare to KR?
According to the Retail - Defensive industry distribution chart, Yamazawa Co ranks #202 out of 301 companies for Return-on-Tangible-Equity. This places Yamazawa Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.96. Yamazawa Co's value of 5.16% is 52.9% below this benchmark. While the company's 10-year median is 1.38 vs. the industry median of 10.96, Yamazawa Co has consistently been below 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 Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 10.96, based on 301 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. Yamazawa Co's current Return-on-Tangible-Equity of 5.16% is 52.9% below 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 Yamazawa Co and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 10.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamazawa Co's current Return-on-Tangible-Equity is 5.16%, which is 274% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamazawa Co stock overvalued right now?
Based on GuruFocus' analysis, Yamazawa Co (TSE:9993) is currently considered Fairly Valued. The stock's GF Value™ is 円1,258.87, compared to a current price of 円1,173.00 — trading 6.8% below its estimated fair value. The current Return-on-Tangible-Equity is 5.16%, which is 274% above median its 10-year median of 1.38 and 52.9% below the Retail - Defensive industry median of 10.96. Yamazawa Co's overall GF Score™ is 66/100 with 2 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 Yamazawa Co (TSE:9993), the current Return-on-Tangible-Equity is 5.16% as of Feb. 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 Yamazawa Co (TSE:9993) Overvalued in 2026?

Based on GuruFocus' analysis, Yamazawa Co stock appears to be undervalued. The current stock price of 円1,173.00 is trading 6.8% below its estimated GF Value™ of 円1,258.87. GuruFocus considers Yamazawa Co to be Fairly Valued.

Key valuation signals for TSE:9993:

  • Return-on-Tangible-Equity: 5.16% (274% above median its 10-year median of 1.38)
  • GF Value™: 円1,258.87 vs. price of 円1,173.00 (6.8% below fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 52.9% below the Retail - Defensive median (#202 of 301)

No single metric tells the full story. See the TSE:9993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yamazawa Co Business Description

Address 3-8-9 Akoyacho, Yamagata, JPN, 990-8585
Yamazawa Co Ltd is a Japan-based retail company. It is engaged in the sales of dairy foods, sundry goods, and clothes through its stores. The company is also engaged in the retail of pharmaceutical products and cosmetic products. Its stores are located throughout Japan.
66GF Score

Get the complete analysis for TSE:9993

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

円1,173.00
Price
円1,258.87
GF Value