Wacom CoFRA:11W +0.99%83 Return-on-Tangible-Equity is 24.36% as of Mar. 2026, which is 49% above its 10-year median of 16.30. GuruFocus rates FRA:11W with a GF Score™ of 83/100 and a GF Value™ of €3.90 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,387 Hardware companies, Wacom Co ranks better than 92.12% 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. Wacom Co's annualized net income for the quarter that ended in Mar. 2026 was €45.9 Mil. Wacom Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €188.3 Mil. Therefore, Wacom Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 24.36%.
The historical rank and industry rank for Wacom Co's Return-on-Tangible-Equity or its related term are showing as below:
FRA:11W'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -27.67 Med: 16.3 Max: 33.04
Current: 29.97
During the past 13 years, Wacom Co's highest Return-on-Tangible-Equity was 33.04%. The lowest was -27.67%. And the median was 16.30%.
FRA:11W's Return-on-Tangible-Equity is ranked better than 92.12% of 2387
companies
in the Hardware industry
Industry Median: 5.28
vs FRA:11W: 29.97
Wacom Co (FRA:11W) 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.
Wacom Co Return-on-Tangible-Equity Related Terms
Wacom Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Wacom 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.
FRA:11W vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, Wacom 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.
Wacom Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Wacom Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wacom 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 (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 24.36% mean?
Wacom Co (FRA:11W) has a Return-on-Tangible-Equity of 24.36% 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 Wacom Co and its competitors. This is 49% above median its historical median of 16.30. According to the industry distribution chart, Wacom Co ranks #188 out of 2387 companies in the Hardware industry, placing it in the top 7.9%.
Is Wacom Co's Return-on-Tangible-Equity too high?
Wacom Co's current Return-on-Tangible-Equity of 24.36% is 49% above median its 10-year median of 16.30. The Hardware industry median Return-on-Tangible-Equity is 5.28. Wacom Co's value of 24.36% is 361.4% above this industry median. Based on the distribution chart, Wacom Co ranks #188 out of 2387 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Wacom Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wacom Co's Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, Wacom Co ranks #188 out of 2387 companies for Return-on-Tangible-Equity. This places Wacom Co in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.28. Wacom Co's value of 24.36% is 361.4% above this benchmark. While the company's 10-year median is 16.30 vs. the industry median of 5.28, Wacom Co 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.28, based on 2,387 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. Wacom Co's current Return-on-Tangible-Equity of 24.36% is 361.4% 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 Wacom Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wacom Co's current Return-on-Tangible-Equity is 24.36%, which is 49% above median its own 10-year median of 16.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wacom Co stock overvalued right now?
Based on GuruFocus' analysis, Wacom Co (FRA:11W) is currently considered Fairly Valued. The stock's GF Value™ is €3.90, compared to a current price of €4.10 — trading 5.1% above its estimated fair value. The current Return-on-Tangible-Equity is 24.36%, which is 49% above median its 10-year median of 16.30 and 361.4% above the Hardware industry median of 5.28. Wacom Co's overall GF Score™ is 83/100 with 1 warning sign 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 Wacom Co (FRA:11W), the current Return-on-Tangible-Equity is 24.36% 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 Wacom Co (FRA:11W) Overvalued in 2026?
Based on GuruFocus' analysis, Wacom Co stock appears to be overvalued.
The current stock price of €4.10 is trading 5.1% above its estimated GF Value™ of €3.90.
GuruFocus considers Wacom Co to be Fairly Valued.
Key valuation signals for FRA:11W:
Return-on-Tangible-Equity: 24.36% (49% above median its 10-year median of 16.30)
GF Value™: €3.90 vs. price of €4.10 (5.1% above fair value)
Industry Position: 361.4% above the Hardware median (#188 of 2387)
No single metric tells the full story. See the FRA:11W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wacom Co Ltd is a Japan-based manufacturer of display products. The firm's operations are organized in three segments--the brands segment, which develops, manufactures, and distributes graphic design tablets used to produce film, animation, and photographs; the components segment, which sells components and modules for smartphones and tablets; and the others segment, which develops and sells computer-aided design products. The firm has operations in the United States, Europe, China, India, Taiwan, Hong Kong, and Australia.
83GF Score
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