Japan Material CoJPPMF 95 Return-on-Tangible-Equity is 23.64% as of Mar. 2026, which is 17% above its 10-year median of 20.27. GuruFocus rates JPPMF with a GF Score™ of 95/100. The stock has 7 warning signs investors should review. Among 1,703 Construction companies, Japan Material Co ranks better than 75.16% 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. Japan Material Co's annualized net income for the quarter that ended in Mar. 2026 was 円13,984.00 Mil. Japan Material Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円59,150.50 Mil. Therefore, Japan Material Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.64%.
The historical rank and industry rank for Japan Material Co's Return-on-Tangible-Equity or its related term are showing as below:
JPPMF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.73 Med: 20.27 Max: 27.02
Current: 19.15
During the past 13 years, Japan Material Co's highest Return-on-Tangible-Equity was 27.02%. The lowest was 12.73%. And the median was 20.27%.
JPPMF's Return-on-Tangible-Equity is ranked better than 75.16% of 1703
companies
in the Construction industry
Industry Median: 8.23
vs JPPMF: 19.15
Japan Material Co (OTCPK:JPPMF) 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.
Japan Material Co Return-on-Tangible-Equity Related Terms
Japan Material Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Japan Material 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.
JPPMF vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Japan Material 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.
Japan Material Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Japan Material Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Japan Material 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 (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 23.64% mean?
Japan Material Co (JPPMF) has a Return-on-Tangible-Equity of 23.64% 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 Japan Material Co and its competitors. This is 17% above median its historical median of 20.27. Over the past decade, Japan Material Co's Return-on-Tangible-Equity has ranged from 12.73 to 27.02. According to the industry distribution chart, Japan Material Co ranks #423 out of 1703 companies in the Construction industry, placing it in the top 24.8%.
Is Japan Material Co's Return-on-Tangible-Equity too high?
Japan Material Co's current Return-on-Tangible-Equity of 23.64% is 17% above median its 10-year median of 20.27. Over the past 10 years, this metric has ranged from a low of 12.73 to a high of 27.02. The Construction industry median Return-on-Tangible-Equity is 8.23. Japan Material Co's value of 23.64% is 187.2% above this industry median. Based on the distribution chart, Japan Material Co ranks #423 out of 1703 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Material Co has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Japan Material Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Japan Material Co ranks #423 out of 1703 companies for Return-on-Tangible-Equity. This places Japan Material Co in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.23. Japan Material Co's value of 23.64% is 187.2% above this benchmark. Historically, Japan Material Co's own Return-on-Tangible-Equity has ranged from 12.73 to 27.02 over the past decade. While the company's 10-year median is 20.27 vs. the industry median of 8.23, Japan Material Co 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.23, based on 1,703 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. Japan Material Co's current Return-on-Tangible-Equity of 23.64% is 187.2% 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 Japan Material Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Material Co's current Return-on-Tangible-Equity is 23.64%, which is 17% above median its own 10-year median of 20.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Material Co stock overvalued right now?
Japan Material Co (JPPMF) has a current Return-on-Tangible-Equity of 23.64%. The current Return-on-Tangible-Equity is 23.64%, which is 17% above median its 10-year median of 20.27 and 187.2% above the Construction industry median of 8.23. Japan Material Co's overall GF Score™ is 95/100 with 7 warning signs 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 Japan Material Co (JPPMF), the current Return-on-Tangible-Equity is 23.64% 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.
Japan Material Co Ltd is engaged in manufacturing specialty gas supply devices and providing piping work and other related services. The company operates through two segments namely Electronics and Graphics solutions. Its Electronics segment is involved in the development, manufacture, and sale of gas supply systems for semiconductors and liquid crystal production, and various maintenance services. The Graphics solutions segment import, plan, market, and support multi-monitor compatible graphics products for various systems.
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