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Shibaura MechatronicsFRA:GW4 +2.33%84 Return-on-Tangible-Equity is 17.39% as of Mar. 2026, which is 24% above its 10-year median of 14.08. GuruFocus rates FRA:GW4 with a GF Score™ of 84/100 and a GF Value™ of €11.47. Among 2,383 Hardware companies, Shibaura Mechatronics ranks better than 88.29% 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. Shibaura Mechatronics's annualized net income for the quarter that ended in Mar. 2026 was €50.6 Mil. Shibaura Mechatronics's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €290.9 Mil. Therefore, Shibaura Mechatronics's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.39%.
The historical rank and industry rank for Shibaura Mechatronics's Return-on-Tangible-Equity or its related term are showing as below:
FRA:GW4'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.98 Med: 14.08 Max: 32.61
Current: 22.63
During the past 13 years, Shibaura Mechatronics's highest Return-on-Tangible-Equity was 32.61%. The lowest was 5.98%. And the median was 14.08%.
FRA:GW4's Return-on-Tangible-Equity is ranked better than 88.29% of 2383
companies
in the Hardware industry
Industry Median: 5.34
vs FRA:GW4: 22.63
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.
Shibaura Mechatronics Return-on-Tangible-Equity Related Terms
Shibaura Mechatronics Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shibaura Mechatronics'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:GW4 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Shibaura Mechatronics'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.
Shibaura Mechatronics Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Shibaura Mechatronics's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shibaura Mechatronics'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 17.39% mean?
Shibaura Mechatronics (FRA:GW4) has a Return-on-Tangible-Equity of 17.39% 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 Shibaura Mechatronics and its competitors. This is 24% above median its historical median of 14.08. Over the past decade, Shibaura Mechatronics' Return-on-Tangible-Equity has ranged from 5.98 to 32.61. According to the industry distribution chart, Shibaura Mechatronics ranks #279 out of 2383 companies in the Hardware industry, placing it in the top 11.7%.
Is Shibaura Mechatronics' Return-on-Tangible-Equity too high?
Shibaura Mechatronics' current Return-on-Tangible-Equity of 17.39% is 24% above median its 10-year median of 14.08. Over the past 10 years, this metric has ranged from a low of 5.98 to a high of 32.61. The Hardware industry median Return-on-Tangible-Equity is 5.34. Shibaura Mechatronics' value of 17.39% is 225.7% above this industry median. Based on the distribution chart, Shibaura Mechatronics ranks #279 out of 2383 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Shibaura Mechatronics has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Shibaura Mechatronics' Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Shibaura Mechatronics ranks #279 out of 2383 companies for Return-on-Tangible-Equity. This places Shibaura Mechatronics in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.34. Shibaura Mechatronics' value of 17.39% is 225.7% above this benchmark. Historically, Shibaura Mechatronics' own Return-on-Tangible-Equity has ranged from 5.98 to 32.61 over the past decade. While the company's 10-year median is 14.08 vs. the industry median of 5.34, Shibaura Mechatronics 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 5.34, based on 2,383 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. Shibaura Mechatronics's current Return-on-Tangible-Equity of 17.39% is 225.7% 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 Shibaura Mechatronics and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shibaura Mechatronics's current Return-on-Tangible-Equity is 17.39%, which is 24% above median its own 10-year median of 14.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shibaura Mechatronics stock overvalued right now?
Shibaura Mechatronics (FRA:GW4) has a current Return-on-Tangible-Equity of 17.39%. The stock's GF Value™ is €11.47, compared to a current price of €26.40 — trading 130.2% above its estimated fair value. The current Return-on-Tangible-Equity is 17.39%, which is 24% above median its 10-year median of 14.08 and 225.7% above the Hardware industry median of 5.34. Shibaura Mechatronics' overall GF Score™ is 84/100. 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 Shibaura Mechatronics (FRA:GW4), the current Return-on-Tangible-Equity is 17.39% 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 Shibaura Mechatronics (FRA:GW4) Overvalued in 2026?
Based on GuruFocus' analysis, Shibaura Mechatronics stock appears to be overvalued.
The current stock price of €26.40 is trading 130.2% above its estimated GF Value™ of €11.47.
Key valuation signals for FRA:GW4:
Return-on-Tangible-Equity: 17.39% (24% above median its 10-year median of 14.08)
GF Value™: €11.47 vs. price of €26.40 (130.2% above fair value)
Industry Position: 225.7% above the Hardware median (#279 of 2383)
No single metric tells the full story. See the FRA:GW4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shibaura Mechatronics Corp is engaged in the manufacturing and sales of semiconductor manufacturing equipment, FPD manufacturing equipment, vacuum equipment, laser equipment, and ticket vending machines, as well as providing maintenance services and maintaining and upkeeping factory buildings and other facilities. The group's reportable segments are Fine Mechatronics, Mechatronics Systems, Distribution Equipment Systems, and Real Estate Leasing. The majority of its revenue is generated from the Fine Mechatronics segment, which manufactures semiconductor manufacturing equipment, FPD manufacturing equipment, inkjet tablet printing equipment, laser application equipment, microwave application equipment, vacuum pumps, etc.
84GF Score
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