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MizunoFRA:MIZ -0.52%88 Return-on-Tangible-Equity is 8.51% as of Mar. 2026, which is 15% above its 10-year median of 7.39. GuruFocus rates FRA:MIZ with a GF Score™ of 88/100 and a GF Value™ of €15.86 (Modestly Overvalued). Among 1,060 Retail - Cyclical companies, Mizuno ranks better than 57.45% 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. Mizuno's annualized net income for the quarter that ended in Mar. 2026 was €76 Mil. Mizuno's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €895 Mil. Therefore, Mizuno's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.51%.
The historical rank and industry rank for Mizuno's Return-on-Tangible-Equity or its related term are showing as below:
FRA:MIZ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.91 Med: 7.39 Max: 11.72
Current: 11.72
During the past 13 years, Mizuno's highest Return-on-Tangible-Equity was 11.72%. The lowest was 0.91%. And the median was 7.39%.
FRA:MIZ's Return-on-Tangible-Equity is ranked better than 57.45% of 1060
companies
in the Retail - Cyclical industry
Industry Median: 8.34
vs FRA:MIZ: 11.72
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.
Mizuno Return-on-Tangible-Equity Related Terms
Mizuno Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mizuno'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:MIZ vs CASY, WSM, DKS: Return-on-Tangible-Equity Comparison
For the Specialty Retail subindustry, Mizuno'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.
Mizuno Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Mizuno's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mizuno'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 8.51% mean?
Mizuno (FRA:MIZ) has a Return-on-Tangible-Equity of 8.51% 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 Mizuno and its competitors. This is 15% above median its historical median of 7.39. Over the past decade, Mizuno's Return-on-Tangible-Equity has ranged from 0.91 to 11.72. According to the industry distribution chart, Mizuno ranks #451 out of 1060 companies in the Retail - Cyclical industry, placing it in the top 42.5%.
Is Mizuno's Return-on-Tangible-Equity too high?
Mizuno's current Return-on-Tangible-Equity of 8.51% is 15% above median its 10-year median of 7.39. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 11.72. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.34. Mizuno's value of 8.51% is 2% above this industry median. Based on the distribution chart, Mizuno ranks #451 out of 1060 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Mizuno has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mizuno's Return-on-Tangible-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Mizuno ranks #451 out of 1060 companies for Return-on-Tangible-Equity. This puts Mizuno in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.34. Mizuno's value of 8.51% is 2% above this benchmark. Historically, Mizuno's own Return-on-Tangible-Equity has ranged from 0.91 to 11.72 over the past decade. While the company's 10-year median is 7.39 vs. the industry median of 8.34, Mizuno 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.34, based on 1,060 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. Mizuno's current Return-on-Tangible-Equity of 8.51% is 2% 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 Mizuno and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mizuno's current Return-on-Tangible-Equity is 8.51%, which is 15% above median its own 10-year median of 7.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mizuno stock overvalued right now?
Based on GuruFocus' analysis, Mizuno (FRA:MIZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €15.86, compared to a current price of €19.30 — trading 21.7% above its estimated fair value. The current Return-on-Tangible-Equity is 8.51%, which is 15% above median its 10-year median of 7.39 and 2% above the Retail - Cyclical industry median of 8.34. Mizuno's overall GF Score™ is 88/100. 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 Mizuno (FRA:MIZ), the current Return-on-Tangible-Equity is 8.51% 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 Mizuno (FRA:MIZ) Overvalued in 2026?
Based on GuruFocus' analysis, Mizuno stock appears to be overvalued.
The current stock price of €19.30 is trading 21.7% above its estimated GF Value™ of €15.86.
GuruFocus considers Mizuno to be Modestly Overvalued.
Key valuation signals for FRA:MIZ:
Return-on-Tangible-Equity: 8.51% (15% above median its 10-year median of 7.39)
GF Value™: €15.86 vs. price of €19.30 (21.7% above fair value)
Industry Position: 2% above the Retail - Cyclical median (#451 of 1060)
No single metric tells the full story. See the FRA:MIZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mizuno Corporation is a Japan-based company principally engaged in the manufacture and sale of sporting goods under the brand MIZUNO worldwide. The company's product mix consists of sports equipment, sports shoes, sportswear, and other products and services. Footwear and apparel jointly account for more than half of the company's total revenue. The company's products are produced in the company's own factories or commissioned factories. The company has business presence in Japan, the Americas, EMEA, Asia and Oceania, with Japan contributing over half of the company's total revenue.
88GF Score
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