Toa (Electric Appliances)FRA:F7N +1.21%75 Return-on-Tangible-Equity is 0.94% as of Mar. 2026, which is 80% below its 10-year median of 4.78. GuruFocus rates FRA:F7N with a GF Score™ of 75/100 and a GF Value™ of €6.76. The stock has 1 warning sign investors should review. Among 1,009 Business Services companies, Toa (Electric Appliances) ranks worse than 67.1% 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. Toa (Electric Appliances)'s annualized net income for the quarter that ended in Mar. 2026 was €2.8 Mil. Toa (Electric Appliances)'s average shareholder tangible equity for the quarter that ended in Mar. 2026 was €297.7 Mil. Therefore, Toa (Electric Appliances)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.94%.
The historical rank and industry rank for Toa (Electric Appliances)'s Return-on-Tangible-Equity or its related term are showing as below:
FRA:F7N'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.41 Med: 4.78 Max: 6.41
Current: 4.78
During the past 13 years, Toa (Electric Appliances)'s highest Return-on-Tangible-Equity was 6.41%. The lowest was 3.41%. And the median was 4.78%.
FRA:F7N's Return-on-Tangible-Equity is ranked worse than 67.1% of 1009
companies
in the Business Services industry
Industry Median: 10.56
vs FRA:F7N: 4.78
Toa (Electric Appliances) (FRA:F7N) 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.
Toa (Electric Appliances) Return-on-Tangible-Equity Related Terms
Toa (Electric Appliances) Return-on-Tangible-Equity Historical Data
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The historical data trend for Toa (Electric Appliances)'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.
Toa (Electric Appliances) Return-on-Tangible-Equity Chart
FRA:F7N vs ALLE, MSA, ADT: Return-on-Tangible-Equity Comparison
For the Security & Protection Services subindustry, Toa (Electric Appliances)'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.
Toa (Electric Appliances) Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Toa (Electric Appliances)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Toa (Electric Appliances)'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 0.94% mean?
Toa (Electric Appliances) (FRA:F7N) has a Return-on-Tangible-Equity of 0.94% 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 Toa (Electric Appliances) and its competitors. This is 80% below median its historical median of 4.78. Over the past decade, Toa (Electric Appliances)'s Return-on-Tangible-Equity has ranged from 3.41 to 6.41. According to the industry distribution chart, Toa (Electric Appliances) ranks #677 out of 1009 companies in the Business Services industry, placing it in the top 67.1%.
Is Toa (Electric Appliances)'s Return-on-Tangible-Equity too high?
Toa (Electric Appliances)'s current Return-on-Tangible-Equity of 0.94% is 80% below median its 10-year median of 4.78. Over the past 10 years, this metric has ranged from a low of 3.41 to a high of 6.41. The Business Services industry median Return-on-Tangible-Equity is 10.56. Toa (Electric Appliances)'s value of 0.94% is 91.1% below this industry median. Based on the distribution chart, Toa (Electric Appliances) ranks #677 out of 1009 companies in the Business Services industry, which is below the industry midpoint. Overall, Toa (Electric Appliances) has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Toa (Electric Appliances)'s Return-on-Tangible-Equity compare to ALLE and MSA?
According to the Business Services industry distribution chart, Toa (Electric Appliances) ranks #677 out of 1009 companies for Return-on-Tangible-Equity. This places Toa (Electric Appliances) in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.56. Toa (Electric Appliances)'s value of 0.94% is 91.1% below this benchmark. Historically, Toa (Electric Appliances)'s own Return-on-Tangible-Equity has ranged from 3.41 to 6.41 over the past decade. While the company's 10-year median is 4.78 vs. the industry median of 10.56, Toa (Electric Appliances) 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.56, based on 1,009 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. Toa (Electric Appliances)'s current Return-on-Tangible-Equity of 0.94% is 91.1% 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 Toa (Electric Appliances) and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toa (Electric Appliances)'s current Return-on-Tangible-Equity is 0.94%, which is 80% below median its own 10-year median of 4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toa (Electric Appliances) stock overvalued right now?
Toa (Electric Appliances) (FRA:F7N) has a current Return-on-Tangible-Equity of 0.94%. The stock's GF Value™ is €6.76, compared to a current price of €8.56 — trading 26.7% above its estimated fair value. The current Return-on-Tangible-Equity is 0.94%, which is 80% below median its 10-year median of 4.78 and 91.1% below the Business Services industry median of 10.56. Toa (Electric Appliances)'s overall GF Score™ is 75/100 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 Toa (Electric Appliances) (FRA:F7N), the current Return-on-Tangible-Equity is 0.94% 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 Toa (Electric Appliances) (FRA:F7N) Overvalued in 2026?
Based on GuruFocus' analysis, Toa (Electric Appliances) stock appears to be overvalued.
The current stock price of €8.56 is trading 26.7% above its estimated GF Value™ of €6.76.
Key valuation signals for FRA:F7N:
Return-on-Tangible-Equity: 0.94% (80% below median its 10-year median of 4.78)
GF Value™: €6.76 vs. price of €8.56 (26.7% above fair value)
Industry Position: 91.1% below the Business Services median (#677 of 1009)
No single metric tells the full story. See the FRA:F7N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toa Corporation (Electric Appliances) is mainly engaged in the manufacture and sale of loudspeaker broadcasting and communication equipment. It operates in three business divisions including Acoustic equipment business, Security equipment business and other. Acoustic equipment business manufactures loudspeaker broadcasting equipment, Professional sound equipment, and communication equipment. Security equipment business manufactures video equipment. Other business segment includes Leasing of equipment and management hall. Its product offerings include microphone, amplifier, speaker, megaphone, professional sound system, digital mixing system, Intercom system, telephone application system, wireless microphone system, contact wireless system, among others.
75GF Score
Get the complete analysis for FRA:F7N
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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