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Future Innovation GroupFSE:4392 56 Return-on-Tangible-Equity is 11.80% as of Dec. 2025, which is 282% above its 10-year median of 3.09. GuruFocus rates FSE:4392 with a GF Score™ of 56/100 and a GF Value™ of 円471.46 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,383 Hardware companies, Future Innovation Group ranks better than 67.52% 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. Future Innovation Group's annualized net income for the quarter that ended in Dec. 2025 was 円906 Mil. Future Innovation Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円7,680 Mil. Therefore, Future Innovation Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 11.80%.
The historical rank and industry rank for Future Innovation Group's Return-on-Tangible-Equity or its related term are showing as below:
FSE:4392'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.48 Med: 3.09 Max: 10.34
Current: 10.34
During the past 8 years, Future Innovation Group's highest Return-on-Tangible-Equity was 10.34%. The lowest was -17.48%. And the median was 3.09%.
FSE:4392's Return-on-Tangible-Equity is ranked better than 67.52% of 2383
companies
in the Hardware industry
Industry Median: 5.34
vs FSE:4392: 10.34
Future Innovation Group (FSE:4392) 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.
Future Innovation Group Return-on-Tangible-Equity Related Terms
Future Innovation Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Future Innovation Group'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.
Future Innovation Group Return-on-Tangible-Equity Chart
FSE:4392 vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Future Innovation Group'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.
Future Innovation Group Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Future Innovation Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Future Innovation Group'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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 11.80% mean?
Future Innovation Group (FSE:4392) has a Return-on-Tangible-Equity of 11.80% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Future Innovation Group and its competitors. This is 282% above median its historical median of 3.09. According to the industry distribution chart, Future Innovation Group ranks #774 out of 2383 companies in the Hardware industry, placing it in the top 32.5%.
Is Future Innovation Group's Return-on-Tangible-Equity too high?
Future Innovation Group's current Return-on-Tangible-Equity of 11.80% is 282% above median its 10-year median of 3.09. The Hardware industry median Return-on-Tangible-Equity is 5.34. Future Innovation Group's value of 11.80% is 121% above this industry median. Based on the distribution chart, Future Innovation Group ranks #774 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, Future Innovation Group has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Future Innovation Group's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Future Innovation Group ranks #774 out of 2383 companies for Return-on-Tangible-Equity. This puts Future Innovation Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.34. Future Innovation Group's value of 11.80% is 121% above this benchmark. While the company's 10-year median is 3.09 vs. the industry median of 5.34, Future Innovation Group 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. Future Innovation Group's current Return-on-Tangible-Equity of 11.80% is 121% 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 Future Innovation Group 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. Future Innovation Group's current Return-on-Tangible-Equity is 11.80%, which is 282% above median its own 10-year median of 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Innovation Group stock overvalued right now?
Based on GuruFocus' analysis, Future Innovation Group (FSE:4392) is currently considered Significantly Overvalued. The stock's GF Value™ is 円471.46, compared to a current price of 円1,628.00 — trading 245.3% above its estimated fair value. The current Return-on-Tangible-Equity is 11.80%, which is 282% above median its 10-year median of 3.09 and 121% above the Hardware industry median of 5.34. Future Innovation Group's overall GF Score™ is 56/100 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 Future Innovation Group (FSE:4392), the current Return-on-Tangible-Equity is 11.80% as of Dec. 2025. 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 Future Innovation Group (FSE:4392) Overvalued in 2026?
Based on GuruFocus' analysis, Future Innovation Group stock appears to be overvalued.
The current stock price of 円1,628.00 is trading 245.3% above its estimated GF Value™ of 円471.46.
GuruFocus considers Future Innovation Group to be Significantly Overvalued.
Key valuation signals for FSE:4392:
Return-on-Tangible-Equity: 11.80% (282% above median its 10-year median of 3.09)
GF Value™: 円471.46 vs. price of 円1,628.00 (245.3% above fair value)
Industry Position: 121% above the Hardware median (#774 of 2383)
No single metric tells the full story. See the FSE:4392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Future Innovation Group Inc is engaged in the sale and development of a mobile management system, accompanied by the communication, application services, and maintenance support. The company is also engaged in the management of business subsidiaries and all incidentals or any businesses related to sale and manufacturing of automobile mounting related equipment and manufacturing of molds for the semiconductor.
56GF Score
Get the complete analysis for FSE:4392
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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