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Precision Tsugami (China)HKSE:01651 +2.92%81 Return-on-Tangible-Equity is 34.55% as of Mar. 2026, which is 42% above its 10-year median of 24.36. GuruFocus rates HKSE:01651 with a GF Score™ of 81/100 and a GF Value™ of HK$20.43 (Significantly Overvalued). Among 2,983 Industrial Products companies, Precision Tsugami (China) ranks better than 91.85% 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. Precision Tsugami (China)'s annualized net income for the quarter that ended in Mar. 2026 was HK$1,345 Mil. Precision Tsugami (China)'s average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$3,892 Mil. Therefore, Precision Tsugami (China)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 34.55%.
The historical rank and industry rank for Precision Tsugami (China)'s Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01651'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.7 Med: 24.36 Max: 34.12
Current: 32.9
During the past 12 years, Precision Tsugami (China)'s highest Return-on-Tangible-Equity was 34.12%. The lowest was 10.70%. And the median was 24.36%.
HKSE:01651's Return-on-Tangible-Equity is ranked better than 91.85% of 2983
companies
in the Industrial Products industry
Industry Median: 7.13
vs HKSE:01651: 32.90
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.
Precision Tsugami (China) Return-on-Tangible-Equity Related Terms
Precision Tsugami (China) Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Precision Tsugami (China)'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.
HKSE:01651 vs SNA, RBC, SWK: Return-on-Tangible-Equity Comparison
For the Tools & Accessories subindustry, Precision Tsugami (China)'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.
Precision Tsugami (China) Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Precision Tsugami (China)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Precision Tsugami (China)'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 (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 34.55% mean?
Precision Tsugami (China) (HKSE:01651) has a Return-on-Tangible-Equity of 34.55% 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 Precision Tsugami (China) and its competitors. This is 42% above median its historical median of 24.36. Over the past decade, Precision Tsugami (China)'s Return-on-Tangible-Equity has ranged from 10.70 to 34.12. According to the industry distribution chart, Precision Tsugami (China) ranks #243 out of 2983 companies in the Industrial Products industry, placing it in the top 8.1%.
Is Precision Tsugami (China)'s Return-on-Tangible-Equity too high?
Precision Tsugami (China)'s current Return-on-Tangible-Equity of 34.55% is 42% above median its 10-year median of 24.36. Over the past 10 years, this metric has ranged from a low of 10.70 to a high of 34.12. The Industrial Products industry median Return-on-Tangible-Equity is 7.13. Precision Tsugami (China)'s value of 34.55% is 384.6% above this industry median. Based on the distribution chart, Precision Tsugami (China) ranks #243 out of 2983 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Precision Tsugami (China) has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precision Tsugami (China)'s Return-on-Tangible-Equity compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Precision Tsugami (China) ranks #243 out of 2983 companies for Return-on-Tangible-Equity. This places Precision Tsugami (China) in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.13. Precision Tsugami (China)'s value of 34.55% is 384.6% above this benchmark. Historically, Precision Tsugami (China)'s own Return-on-Tangible-Equity has ranged from 10.70 to 34.12 over the past decade. While the company's 10-year median is 24.36 vs. the industry median of 7.13, Precision Tsugami (China) 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 7.13, based on 2,983 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. Precision Tsugami (China)'s current Return-on-Tangible-Equity of 34.55% is 384.6% 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 Precision Tsugami (China) and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Precision Tsugami (China)'s current Return-on-Tangible-Equity is 34.55%, which is 42% above median its own 10-year median of 24.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precision Tsugami (China) stock overvalued right now?
Based on GuruFocus' analysis, Precision Tsugami (China) (HKSE:01651) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$20.43, compared to a current price of HK$52.85 — trading 158.7% above its estimated fair value. The current Return-on-Tangible-Equity is 34.55%, which is 42% above median its 10-year median of 24.36 and 384.6% above the Industrial Products industry median of 7.13. Precision Tsugami (China)'s overall GF Score™ is 81/100. 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 Precision Tsugami (China) (HKSE:01651), the current Return-on-Tangible-Equity is 34.55% 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 Precision Tsugami (China) (HKSE:01651) Overvalued in 2026?
Based on GuruFocus' analysis, Precision Tsugami (China) stock appears to be overvalued.
The current stock price of HK$52.85 is trading 158.7% above its estimated GF Value™ of HK$20.43.
GuruFocus considers Precision Tsugami (China) to be Significantly Overvalued.
Key valuation signals for HKSE:01651:
Return-on-Tangible-Equity: 34.55% (42% above median its 10-year median of 24.36)
GF Value™: HK$20.43 vs. price of HK$52.85 (158.7% above fair value)
Industry Position: 384.6% above the Industrial Products median (#243 of 2983)
No single metric tells the full story. See the HKSE:01651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Precision Tsugami (China) Corp Ltd is engaged in the manufacturing and distribution of computer numerical control (CNC) high precision machine tools; and the provision of commercial consultation services. It manufactures and sells CNC machine tools including Precision lathes, Precision machining centers, Precision thread and form rolling machines and Precision grinding machines under the TSUGAMI brand. The company only has one reportable operating segment which is the manufacture and sale of high precision CNC machine tools. Its products are mainly for the Chinese market and are also sold to Japan, Europe, the USA, Southeast Asia and other countries.
81GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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