TSUKF (Toyo Suisan Kaisha) Return-on-Tangible-Equity: 13.05% (As of Mar. 2026) — 54% Above Median


TSUKF Toyo Suisan Kaisha Ltd TSUKF
91 GF Score
Price $64.12
GF Value $74.56
Valuation Modestly Undervalued
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What is Toyo Suisan Kaisha Return-on-Tangible-Equity?

Toyo Suisan Kaisha TSUKF 91 Return-on-Tangible-Equity is 13.05% as of Mar. 2026, which is 54% above its 10-year median of 8.46. GuruFocus rates TSUKF with a GF Score™ of 91/100 and a GF Value™ of $74.56 (Modestly Undervalued). Among 1,872 Consumer Packaged Goods companies, Toyo Suisan Kaisha ranks better than 69.02% 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. Toyo Suisan Kaisha's annualized net income for the quarter that ended in Mar. 2026 was $422 Mil. Toyo Suisan Kaisha's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $3,238 Mil. Therefore, Toyo Suisan Kaisha's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.05%.

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

TSUKF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.43   Med: 8.46   Max: 14.3
Current: 14.3

During the past 13 years, Toyo Suisan Kaisha's highest Return-on-Tangible-Equity was 14.30%. The lowest was 6.43%. And the median was 8.46%.

TSUKF's Return-on-Tangible-Equity is ranked better than
69.02% of 1872 companies
in the Consumer Packaged Goods industry
Industry Median: 7.715 vs TSUKF: 14.30

Toyo Suisan Kaisha  (OTCPK:TSUKF) 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.


Toyo Suisan Kaisha Return-on-Tangible-Equity Related Terms


Toyo Suisan Kaisha Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Toyo Suisan Kaisha'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.

Toyo Suisan Kaisha Return-on-Tangible-Equity Chart

Toyo Suisan Kaisha 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 6.28 8.41 12.42 13.69 13.64

Toyo Suisan Kaisha 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 9.89 13.06 14.89 15.94 13.05

TSUKF vs KHC, GIS: Return-on-Tangible-Equity Comparison

For the Packaged Foods subindustry, Toyo Suisan Kaisha'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.


Toyo Suisan Kaisha Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Toyo Suisan Kaisha's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Toyo Suisan Kaisha's Return-on-Tangible-Equity falls into.


TSUKF
91GF Score
Toyo Suisan Kaisha Ltd TSUKF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Toyo Suisan Kaisha Return-on-Tangible-Equity Calculation

Toyo Suisan Kaisha'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 )
=442.317/( (3190.794+3293.188 )/ 2 )
=442.317/3241.991
=13.64 %

Toyo Suisan Kaisha's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=422.428/( (3181.85+3293.188)/ 2 )
=422.428/3237.519
=13.05 %

* 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 (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 13.05% mean?
Toyo Suisan Kaisha (TSUKF) has a Return-on-Tangible-Equity of 13.05% 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 Toyo Suisan Kaisha and its competitors. This is 54% above median its historical median of 8.46. Over the past decade, Toyo Suisan Kaisha's Return-on-Tangible-Equity has ranged from 6.43 to 14.30. According to the industry distribution chart, Toyo Suisan Kaisha ranks #580 out of 1872 companies in the Consumer Packaged Goods industry, placing it in the top 31%.
Is Toyo Suisan Kaisha's Return-on-Tangible-Equity too high?
Toyo Suisan Kaisha's current Return-on-Tangible-Equity of 13.05% is 54% above median its 10-year median of 8.46. Over the past 10 years, this metric has ranged from a low of 6.43 to a high of 14.30. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.72. Toyo Suisan Kaisha's value of 13.05% is 69.2% above this industry median. Based on the distribution chart, Toyo Suisan Kaisha ranks #580 out of 1872 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Toyo Suisan Kaisha has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toyo Suisan Kaisha's Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Toyo Suisan Kaisha ranks #580 out of 1872 companies for Return-on-Tangible-Equity. This puts Toyo Suisan Kaisha in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.72. Toyo Suisan Kaisha's value of 13.05% is 69.2% above this benchmark. Historically, Toyo Suisan Kaisha's own Return-on-Tangible-Equity has ranged from 6.43 to 14.30 over the past decade. While the company's 10-year median is 8.46 vs. the industry median of 7.72, Toyo Suisan Kaisha 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.72, based on 1,872 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. Toyo Suisan Kaisha's current Return-on-Tangible-Equity of 13.05% is 69.2% 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 Toyo Suisan Kaisha and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Suisan Kaisha's current Return-on-Tangible-Equity is 13.05%, which is 54% above median its own 10-year median of 8.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Suisan Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Toyo Suisan Kaisha (TSUKF) is currently considered Modestly Undervalued. The stock's GF Value™ is $74.56, compared to a current price of $64.12 — trading 14% below its estimated fair value. The current Return-on-Tangible-Equity is 13.05%, which is 54% above median its 10-year median of 8.46 and 69.2% above the Consumer Packaged Goods industry median of 7.72. Toyo Suisan Kaisha's overall GF Score™ is 91/100. 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 Toyo Suisan Kaisha (TSUKF), the current Return-on-Tangible-Equity is 13.05% 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 Toyo Suisan Kaisha (TSUKF) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Suisan Kaisha stock appears to be undervalued. The current stock price of $64.12 is trading 14% below its estimated GF Value™ of $74.56. GuruFocus considers Toyo Suisan Kaisha to be Modestly Undervalued.

Key valuation signals for TSUKF:

  • Return-on-Tangible-Equity: 13.05% (54% above median its 10-year median of 8.46)
  • GF Value™: $74.56 vs. price of $64.12 (14% below fair value)
  • GF Score™: 91/100
  • Industry Position: 69.2% above the Consumer Packaged Goods median (#580 of 1872)

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


Toyo Suisan Kaisha Business Description

Other Exchanges TSUKY:USA2875:Japan
Address 2-13-40 Konan, Minato-ku, Tokyo, JPN, 108-8501
Toyo Suisan is one of Japan's leading packaged food companies, best known for its Maruchan brand instant noodles. The company also produces and sells fresh and frozen foods, particularly seafood, with sales of its packaged and processed foods channeled to both commercial and retail customers. As of September 2025, around 55% of revenue originates in Japan. Sales in the US and Mexico are significant drivers of its ex-Japan revenue.
91GF Score

Get the complete analysis for TSUKF

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

$64.12
Price
$74.56
GF Value