Tobu Railway Co. Ltd
Tobu Railway Co., Ltd. provides private rail system services in Japan. The company also operates health clubs, golf courses, theme parks, and hotels. It also develops and manages condominiums, housing developments, department stores, and other properties along its railways. In addition, the company operate sightseeing service centers that offers assistance on ticket exchanges, purchase of tickets… Read more
Tobu Railway Co. Ltd (TBURF) - Net Assets
Latest net assets as of December 2025: $604.19 Billion USD
Based on the latest financial reports, Tobu Railway Co. Ltd (TBURF) has net assets worth $604.19 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.84 Trillion) and total liabilities ($1.23 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $604.19 Billion |
| % of Total Assets | 32.92% |
| Annual Growth Rate | 8.08% |
| 5-Year Change | 23.76% |
| 10-Year Change | 36.34% |
| Growth Volatility | 23.67 |
Tobu Railway Co. Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Tobu Railway Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tobu Railway Co. Ltd (2005–2025)
The table below shows the annual net assets of Tobu Railway Co. Ltd from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $560.75 Billion | +3.51% |
| 2024-03-31 | $541.71 Billion | +12.72% |
| 2023-03-31 | $480.57 Billion | +4.65% |
| 2022-03-31 | $459.22 Billion | +1.35% |
| 2021-03-31 | $453.10 Billion | -4.40% |
| 2020-03-31 | $473.96 Billion | +1.00% |
| 2019-03-31 | $469.27 Billion | +1.89% |
| 2018-03-31 | $460.58 Billion | +4.02% |
| 2017-03-31 | $442.77 Billion | +7.66% |
| 2016-03-31 | $411.28 Billion | +4.17% |
| 2015-03-31 | $394.82 Billion | +11.51% |
| 2014-03-31 | $354.06 Billion | +8.03% |
| 2013-03-31 | $327.74 Billion | +11.86% |
| 2012-03-31 | $292.99 Billion | +6.92% |
| 2011-03-31 | $274.03 Billion | -1.16% |
| 2010-03-31 | $277.25 Billion | +6.16% |
| 2009-03-31 | $261.15 Billion | +98.27% |
| 2008-03-31 | $131.72 Billion | -30.41% |
| 2007-03-31 | $189.29 Billion | +12.36% |
| 2006-03-31 | $168.46 Billion | +42.24% |
| 2005-03-31 | $118.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tobu Railway Co. Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 32948700000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $314.68 Billion | 56.75% |
| Common Stock | $102.14 Billion | 18.42% |
| Other Comprehensive Income | $90.64 Billion | 16.35% |
| Other Components | $47.05 Billion | 8.48% |
| Total Equity | $554.51 Billion | 100.00% |
Tobu Railway Co. Ltd Competitors by Market Cap
The table below lists competitors of Tobu Railway Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korn Ferry
NYSE:KFY
|
$3.16 Billion |
|
Qilu Bank Co Ltd
SHG:601665
|
$3.17 Billion |
|
Victory Capital Holdings Inc
NASDAQ:VCTR
|
$3.17 Billion |
|
Whitecap Resources Inc.
PINK:SPGYF
|
$3.17 Billion |
|
Covivio
PINK:GSEFF
|
$3.16 Billion |
|
Victoria's Secret & Co
NYSE:VSCO
|
$3.16 Billion |
|
Genworth Financial Inc
NYSE:GNW
|
$3.16 Billion |
|
Zhaojin Mining Industry Company Limited
PINK:ZHAOF
|
$3.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tobu Railway Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 535,694,000,000 to 554,506,000,000, a change of 18,812,000,000 (3.5%).
- Net income of 51,330,000,000 contributed positively to equity growth.
- Dividend payments of 11,694,000,000 reduced retained earnings.
- Share repurchases of 17,641,000,000 reduced equity.
- New share issuances of 52,000,000 increased equity.
- Other comprehensive income decreased equity by 3,209,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $51.33 Billion | +9.26% |
| Dividends Paid | $11.69 Billion | -2.11% |
| Share Repurchases | $17.64 Billion | -3.18% |
| Share Issuances | $52.00 Million | +0.01% |
| Other Comprehensive Income | $-3.21 Billion | -0.58% |
| Other Changes | $-26.00 Million | -0.0% |
| Total Change | $- | 3.51% |
Book Value vs Market Value Analysis
This analysis compares Tobu Railway Co. Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | $661.34 | $16.27 | x |
| 2006-03-31 | $952.09 | $16.27 | x |
| 2007-03-31 | $1037.54 | $16.27 | x |
| 2008-03-31 | $682.52 | $16.27 | x |
| 2009-03-31 | $994.74 | $16.27 | x |
| 2010-03-31 | $1069.81 | $16.27 | x |
| 2011-03-31 | $1485.21 | $16.27 | x |
| 2012-03-31 | $1296.00 | $16.27 | x |
| 2013-03-31 | $1450.30 | $16.27 | x |
| 2014-03-31 | $1568.64 | $16.27 | x |
| 2015-03-31 | $1755.35 | $16.27 | x |
| 2016-03-31 | $1826.36 | $16.27 | x |
| 2017-03-31 | $1970.49 | $16.27 | x |
| 2018-03-31 | $2095.31 | $16.27 | x |
| 2019-03-31 | $2183.75 | $16.27 | x |
| 2020-03-31 | $2212.77 | $16.27 | x |
| 2021-03-31 | $2132.81 | $16.27 | x |
| 2022-03-31 | $2169.31 | $16.27 | x |
| 2023-03-31 | $2278.80 | $16.27 | x |
| 2024-03-31 | $2591.45 | $16.27 | x |
| 2025-03-31 | $2733.00 | $16.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tobu Railway Co. Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.13%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 3.16x
- Recent ROE (9.26%) is above the historical average (8.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 10.87% | 1.93% | 0.42x | 13.48x | $989.10 Million |
| 2006 | 16.45% | 4.16% | 0.42x | 9.53x | $10.54 Billion |
| 2007 | 22.11% | 6.42% | 0.44x | 7.87x | $22.91 Billion |
| 2008 | 14.16% | 2.88% | 0.44x | 11.29x | $5.26 Billion |
| 2009 | 9.23% | 2.67% | 0.43x | 8.05x | $-1.34 Billion |
| 2010 | 7.67% | 2.41% | 0.41x | 7.67x | $-4.25 Billion |
| 2011 | 5.06% | 2.35% | 0.39x | 5.55x | $-12.79 Billion |
| 2012 | 5.76% | 2.95% | 0.37x | 5.24x | $-11.77 Billion |
| 2013 | 9.22% | 4.96% | 0.39x | 4.71x | $-2.44 Billion |
| 2014 | 9.38% | 5.31% | 0.40x | 4.41x | $-2.09 Billion |
| 2015 | 8.15% | 5.26% | 0.37x | 4.25x | $-6.95 Billion |
| 2016 | 6.97% | 4.75% | 0.36x | 4.07x | $-11.84 Billion |
| 2017 | 8.57% | 6.35% | 0.36x | 3.79x | $-6.05 Billion |
| 2018 | 8.06% | 6.33% | 0.35x | 3.62x | $-8.67 Billion |
| 2019 | 6.07% | 4.54% | 0.38x | 3.56x | $-18.11 Billion |
| 2020 | 7.63% | 5.43% | 0.39x | 3.56x | $-11.03 Billion |
| 2021 | -5.61% | -5.03% | 0.29x | 3.78x | $-69.46 Billion |
| 2022 | 2.97% | 2.66% | 0.30x | 3.73x | $-31.80 Billion |
| 2023 | 6.15% | 4.75% | 0.35x | 3.66x | $-18.30 Billion |
| 2024 | 8.99% | 7.57% | 0.37x | 3.18x | $-5.41 Billion |
| 2025 | 9.26% | 8.13% | 0.36x | 3.16x | $-4.12 Billion |
Industry Comparison
This section compares Tobu Railway Co. Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $385,612,201,198
- Average return on equity (ROE) among peers: 9.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tobu Railway Co. Ltd (TBURF) | $604.19 Billion | 10.87% | 2.04x | $3.16 Billion |
| Alstom PK (ALSMY) | $1.84 Billion | 9.84% | 9.00x | $659.84 Million |
| Alstom SA (AOMFF) | $9.10 Billion | -1.45% | 2.45x | $6.62 Billion |
| Bangkok Expressway and Metro Public Company Limited (BKKXF) | $37.66 Billion | 9.24% | 1.99x | $2.46 Billion |
| BTS Group Holdings Public Company Limited (BTGWF) | $52.15 Billion | 5.51% | 1.77x | $1.93 Billion |
| Central Japan Railway Co (CJPRY) | $3.51 Trillion | 12.51% | 1.65x | $9.22 Billion |
| Canadian National Railway Company (CNI) | $19.65 Billion | 18.04% | 1.28x | $58.49 Billion |
| Canadian Pacific Railway Ltd (CP) | $6.64 Billion | 29.40% | 2.23x | $68.42 Billion |
| CRRC Corporation Limited (CRCCY) | $169.14 Billion | 6.70% | 1.32x | $22.96 Billion |
| China Railway Signal & Communication Corporation Limited (CRYCY) | $47.28 Billion | 7.69% | 1.47x | $7.38 Billion |
| CSX Corporation (CSX) | $4.59 Billion | -2.57% | 1.50x | $73.08 Billion |