Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Green Cross Co's annualized net income for the quarter that ended in Apr. 2024 was 円1,515 Mil. Green Cross Co's average shareholder tangible equity for the quarter that ended in Apr. 2024 was 円10,427 Mil. Therefore, Green Cross Co's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2024 was 14.53%.
The historical rank and industry rank for Green Cross Co's Return-on-Tangible-Equity or its related term are showing as below:
FSE:7533's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 10.57 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Green Cross Co (FSE:7533) 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.
Green Cross Co Return-on-Tangible-Equity Related Terms
Green Cross Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Green Cross 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.
FSE:7533 vs URI, AER, FTAI: Return-on-Tangible-Equity Comparison
For the Rental & Leasing Services subindustry, Green Cross 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.
Green Cross Co Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Green Cross Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Green Cross 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 (Apr. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 14.53% mean?
Green Cross Co (FSE:7533) has a Return-on-Tangible-Equity of 14.53% as of Apr. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Green Cross Co and its competitors.
Is Green Cross Co's Return-on-Tangible-Equity too high?
Green Cross Co's current Return-on-Tangible-Equity is 14.53%. The Business Services industry median Return-on-Tangible-Equity is 10.57. Green Cross Co's value of 14.53% is 37.5% above this industry median. Overall, Green Cross Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Green Cross Co's Return-on-Tangible-Equity compare to URI and AER?
Green Cross Co's Return-on-Tangible-Equity of 14.53% can be compared against companies in the Business Services industry. The industry median Return-on-Tangible-Equity is 10.57. Green Cross Co's value of 14.53% is 37.5% above this benchmark. 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 10.57, 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. Green Cross Co's current Return-on-Tangible-Equity of 14.53% is 37.5% 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 Green Cross Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Cross Co's current Return-on-Tangible-Equity is 14.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Cross Co stock overvalued right now?
Green Cross Co (FSE:7533) has a current Return-on-Tangible-Equity of 14.53%. The current Return-on-Tangible-Equity is 14.53% and 37.5% above the Business Services industry median of 10.57. Green Cross Co's overall GF Score™ is 12/100. 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 Green Cross Co (FSE:7533), the current Return-on-Tangible-Equity is 14.53% as of Apr. 2024. 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.
Green Cross Co Ltd is a Japan-based company that engages in the manufacture, sale, and rental of safety items. Its products include road safety materials, disaster prevention necessities, safety equipment, protection gear, and signboards and tags.
12GF Score
Get the complete analysis for FSE:7533
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FSE:7533 has been successfully added to your 
