TSI Holdings CoTSIHF 83 Return-on-Tangible-Equity is 3.45% as of Feb. 2026, which is 1% above its 10-year median of 3.43. GuruFocus rates TSIHF with a GF Score™ of 83/100 and a GF Value™ of $9.18. The stock has 3 warning signs investors should review. Among 1,012 Manufacturing - Apparel & Accessories companies, TSI Holdings Co ranks better than 51.09% 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. TSI Holdings Co's annualized net income for the quarter that ended in Feb. 2026 was $13 Mil. TSI Holdings Co's average shareholder tangible equity for the quarter that ended in Feb. 2026 was $380 Mil. Therefore, TSI Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 3.45%.
The historical rank and industry rank for TSI Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
TSIHF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.21 Med: 3.43 Max: 15.9
Current: 4.69
During the past 13 years, TSI Holdings Co's highest Return-on-Tangible-Equity was 15.90%. The lowest was -0.21%. And the median was 3.43%.
TSIHF's Return-on-Tangible-Equity is ranked better than 51.09% of 1012
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.45
vs TSIHF: 4.69
TSI Holdings Co (OTCPK:TSIHF) 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.
TSI Holdings Co Return-on-Tangible-Equity Related Terms
TSI Holdings Co Return-on-Tangible-Equity Historical Data
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The historical data trend for TSI Holdings 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.
TSIHF vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, TSI Holdings 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.
TSI Holdings Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TSI Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where TSI Holdings 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 (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 3.45% mean?
TSI Holdings Co (TSIHF) has a Return-on-Tangible-Equity of 3.45% 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 TSI Holdings Co and its competitors. This is near median its historical median of 3.43. According to the industry distribution chart, TSI Holdings Co ranks #495 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 48.9%.
Is TSI Holdings Co's Return-on-Tangible-Equity too high?
TSI Holdings Co's current Return-on-Tangible-Equity of 3.45% is near median its 10-year median of 3.43. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.45. TSI Holdings Co's value of 3.45% is 22.5% below this industry median. Based on the distribution chart, TSI Holdings Co ranks #495 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, TSI Holdings Co has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does TSI Holdings Co's Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TSI Holdings Co ranks #495 out of 1012 companies for Return-on-Tangible-Equity. This puts TSI Holdings Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.45. TSI Holdings Co's value of 3.45% is 22.5% below this benchmark. While the company's 10-year median is 3.43 vs. the industry median of 4.45, TSI Holdings 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.45, based on 1,012 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. TSI Holdings Co's current Return-on-Tangible-Equity of 3.45% is 22.5% 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 TSI Holdings Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSI Holdings Co's current Return-on-Tangible-Equity is 3.45%, which is near median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSI Holdings Co stock overvalued right now?
TSI Holdings Co (TSIHF) has a current Return-on-Tangible-Equity of 3.45%. The stock's GF Value™ is $9.18, compared to a current price of $8.23 — trading 10.3% below its estimated fair value. The current Return-on-Tangible-Equity is 3.45%, which is near median its 10-year median of 3.43 and 22.5% below the Manufacturing - Apparel & Accessories industry median of 4.45. TSI Holdings Co's overall GF Score™ is 83/100 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 TSI Holdings Co (TSIHF), the current Return-on-Tangible-Equity is 3.45% 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 TSI Holdings Co (TSIHF) Overvalued in 2026?
Based on GuruFocus' analysis, TSI Holdings Co stock appears to be undervalued.
The current stock price of $8.23 is trading 10.3% below its estimated GF Value™ of $9.18.
Key valuation signals for TSIHF:
Return-on-Tangible-Equity: 3.45% (near median its 10-year median of 3.43)
GF Value™: $9.18 vs. price of $8.23 (10.3% below fair value)
Industry Position: 22.5% below the Manufacturing - Apparel & Accessories median (#495 of 1012)
No single metric tells the full story. See the TSIHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TSI Holdings Co Ltd is an apparel manufacturer that owns and licenses dozens of brands that it sells through department stores, other retail stores and shopping centers, and e-commerce channels. The majority of the company's sales are in Japan, with the remainder coming from China and other parts of Asia. TSI's highest-selling brands, which collectively account for more than half of the company's total revenue, include nano, Natural Beauty Basic, Margaret Howell, Pearly Gates, Rose Bud, Stussy, Proportion Body Dressing, Free's Mart, Human Woman, and Callaway Apparel.
83GF Score
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