Tsuchiya Holdings Co (TSE:1840) ROE %: -10.44% (As of Apr. 2026)

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TSE:1840 Tsuchiya Holdings Co Ltd TSE:1840
57 GF Score
Price 円243.00
GF Value 円219.96
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Tsuchiya Holdings Co ROE %?

Tsuchiya Holdings Co TSE:1840 +0.83% 57 ROE % is -10.44% as of Apr. 2026. GuruFocus rates TSE:1840 with a GF Score™ of 57/100 and a GF Value™ of 円219.96 (Fairly Valued). The stock has 6 warning signs investors should review. Among 95 Homebuilding & Construction companies, Tsuchiya Holdings Co ranks worse than 89.47% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tsuchiya Holdings Co's annualized net income for the quarter that ended in Apr. 2026 was 円-1,281 Mil. Tsuchiya Holdings Co's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was 円12,269 Mil. Therefore, Tsuchiya Holdings Co's annualized ROE % for the quarter that ended in Apr. 2026 was -10.44%.

The historical rank and industry rank for Tsuchiya Holdings Co's ROE % or its related term are showing as below:

TSE:1840' s ROE % Range Over the Past 10 Years
Min: -6.6   Med: 0.98   Max: 6
Current: -2.36

During the past 13 years, Tsuchiya Holdings Co's highest ROE % was 6.00%. The lowest was -6.60%. And the median was 0.98%.

TSE:1840's ROE % is ranked worse than
89.47% of 95 companies
in the Homebuilding & Construction industry
Industry Median: 7.88 vs TSE:1840: -2.36

Tsuchiya Holdings Co  (TSE:1840) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=-1281.448/12268.5685
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1281.448 / 30018.244)*(30018.244 / 27073.526)*(27073.526 / 12268.5685)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.27 %*1.1088*2.2067
=ROA %*Equity Multiplier
=-4.73 %*2.2067
=-10.44 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=-1281.448/12268.5685
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1281.448 / -1432.752) * (-1432.752 / -1748.208) * (-1748.208 / 30018.244) * (30018.244 / 27073.526) * (27073.526 / 12268.5685)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8944 * 0.8196 * -5.82 % * 1.1088 * 2.2067
=-10.44 %

Note: The net income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Tsuchiya Holdings Co ROE % Related Terms


Tsuchiya Holdings Co ROE % Historical Data

* Premium members only.

The historical data trend for Tsuchiya Holdings Co's ROE % 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.

Tsuchiya Holdings Co ROE % Chart

Tsuchiya Holdings Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.08 1.92 1.91 6.00 -0.72

Tsuchiya Holdings Co Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Apr25 Jul25 Oct25 Jan26 Apr26
ROE % 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 0.00 -11.37 30.30 -18.11 -10.44

TSE:1840 vs DHI, PHM, LEN: ROE % Comparison

For the Residential Construction subindustry, Tsuchiya Holdings Co's ROE %, along with its competitors' market caps and ROE % 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.


Tsuchiya Holdings Co ROE % vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Tsuchiya Holdings Co's ROE % distribution charts can be found below:

* The bar in red indicates where Tsuchiya Holdings Co's ROE % falls into.


TSE:1840
57GF Score
Tsuchiya Holdings Co Ltd TSE:1840
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsuchiya Holdings Co ROE % Calculation

Tsuchiya Holdings Co's annualized ROE % for the fiscal year that ended in Oct. 2025 is calculated as

ROE %=Net Income (A: Oct. 2025 )/( (Total Stockholders Equity (A: Oct. 2024 )+Total Stockholders Equity (A: Oct. 2025 ))/ count )
=-93.275/( (12926.893+13041.058)/ 2 )
=-93.275/12983.9755
=-0.72 %

Tsuchiya Holdings Co's annualized ROE % for the quarter that ended in Apr. 2026 is calculated as

ROE %=Net Income (Q: Apr. 2026 )/( (Total Stockholders Equity (Q: Jan. 2026 )+Total Stockholders Equity (Q: Apr. 2026 ))/ count )
=-1281.448/( (12396.412+12140.725)/ 2 )
=-1281.448/12268.5685
=-10.44 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Apr. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -10.44% mean?
Tsuchiya Holdings Co (TSE:1840) has a ROE % of -10.44% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tsuchiya Holdings Co and its competitors. According to the industry distribution chart, Tsuchiya Holdings Co ranks #85 out of 95 companies in the Homebuilding & Construction industry, placing it in the top 89.5%.
Is Tsuchiya Holdings Co's ROE % too high?
Tsuchiya Holdings Co's current ROE % is -10.44%. Based on the distribution chart, Tsuchiya Holdings Co ranks #85 out of 95 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, Tsuchiya Holdings Co has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tsuchiya Holdings Co's ROE % compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Tsuchiya Holdings Co ranks #85 out of 95 companies for ROE %. This places Tsuchiya Holdings Co in the lower half of its industry. The industry median ROE % is 7.88. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Homebuilding & Construction company?
The median ROE % among Homebuilding & Construction companies is 7.88, based on 95 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tsuchiya Holdings Co and its competitors. For the Homebuilding & Construction industry, the median ROE % is 7.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsuchiya Holdings Co's current ROE % is -10.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsuchiya Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Tsuchiya Holdings Co (TSE:1840) is currently considered Fairly Valued. The stock's GF Value™ is 円219.96, compared to a current price of 円243.00 — trading 10.5% above its estimated fair value. The current ROE % is -10.44%. Tsuchiya Holdings Co's overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Tsuchiya Holdings Co (TSE:1840), the current ROE % is -10.44% as of Apr. 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 Tsuchiya Holdings Co (TSE:1840) Overvalued in 2026?

Based on GuruFocus' analysis, Tsuchiya Holdings Co stock appears to be overvalued. The current stock price of 円243.00 is trading 10.5% above its estimated GF Value™ of 円219.96. GuruFocus considers Tsuchiya Holdings Co to be Fairly Valued.

Key valuation signals for TSE:1840:

  • ROE %: -10.44%
  • GF Value™: 円219.96 vs. price of 円243.00 (10.5% above fair value)
  • GF Score™: 57/100 with 6 warning signs

No single metric tells the full story. See the TSE:1840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsuchiya Holdings Co Business Description

Address 3-7 Nishi Kita-kujo, Kita-ku, Sapporo, JPN, 060-0809
Tsuchiya Holdings Co Ltd is a Japan-based construction company. The company is mainly engaged in the design and construction of custom homes, expansion and remodeling business, real estate sales business, and renovation business. Other services offered by the company include property management for owners, support for building elderly facilities, vacant house and land management services.
57GF Score

Get the complete analysis for TSE:1840

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円243.00
Price
円219.96
GF Value