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Golf Do CoNGO:3032 +0.65%53 Return-on-Tangible-Equity is 1.17% as of Mar. 2026, which is 88% below its 10-year median of 9.40. GuruFocus rates NGO:3032 with a GF Score™ of 53/100 and a GF Value™ of 円212.35 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,059 Retail - Cyclical companies, Golf Do Co ranks better than 57.79% 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. Golf Do Co's annualized net income for the quarter that ended in Mar. 2026 was 円7 Mil. Golf Do Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円595 Mil. Therefore, Golf Do Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.17%.
The historical rank and industry rank for Golf Do Co's Return-on-Tangible-Equity or its related term are showing as below:
NGO:3032'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -41.17 Med: 9.4 Max: 46.9
Current: 11.91
During the past 13 years, Golf Do Co's highest Return-on-Tangible-Equity was 46.90%. The lowest was -41.17%. And the median was 9.40%.
NGO:3032's Return-on-Tangible-Equity is ranked better than 57.79% of 1059
companies
in the Retail - Cyclical industry
Industry Median: 8.45
vs NGO:3032: 11.91
Golf Do Co (NGO:3032) 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.
Golf Do Co Return-on-Tangible-Equity Related Terms
Golf Do Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Golf Do 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.
NGO:3032 vs CASY, WSM, DKS: Return-on-Tangible-Equity Comparison
For the Specialty Retail subindustry, Golf Do 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.
Golf Do Co Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Golf Do Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Golf Do 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 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 1.17% mean?
Golf Do Co (NGO:3032) has a Return-on-Tangible-Equity of 1.17% 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 Golf Do Co and its competitors. This is 88% below median its historical median of 9.40. According to the industry distribution chart, Golf Do Co ranks #447 out of 1059 companies in the Retail - Cyclical industry, placing it in the top 42.2%.
Is Golf Do Co's Return-on-Tangible-Equity too high?
Golf Do Co's current Return-on-Tangible-Equity of 1.17% is 88% below median its 10-year median of 9.40. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.45. Golf Do Co's value of 1.17% is 86.2% below this industry median. Based on the distribution chart, Golf Do Co ranks #447 out of 1059 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Golf Do Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golf Do Co's Return-on-Tangible-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Golf Do Co ranks #447 out of 1059 companies for Return-on-Tangible-Equity. This puts Golf Do Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.45. Golf Do Co's value of 1.17% is 86.2% below this benchmark. While the company's 10-year median is 9.40 vs. the industry median of 8.45, Golf Do Co has consistently been below 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 8.45, based on 1,059 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. Golf Do Co's current Return-on-Tangible-Equity of 1.17% is 86.2% below 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 Golf Do Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golf Do Co's current Return-on-Tangible-Equity is 1.17%, which is 88% below median its own 10-year median of 9.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golf Do Co stock overvalued right now?
Based on GuruFocus' analysis, Golf Do Co (NGO:3032) is currently considered Significantly Overvalued. The stock's GF Value™ is 円212.35, compared to a current price of 円310.00 — trading 46% above its estimated fair value. The current Return-on-Tangible-Equity is 1.17%, which is 88% below median its 10-year median of 9.40 and 86.2% below the Retail - Cyclical industry median of 8.45. Golf Do Co's overall GF Score™ is 53/100 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 Golf Do Co (NGO:3032), the current Return-on-Tangible-Equity is 1.17% 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 Golf Do Co (NGO:3032) Overvalued in 2026?
Based on GuruFocus' analysis, Golf Do Co stock appears to be overvalued.
The current stock price of 円310.00 is trading 46% above its estimated GF Value™ of 円212.35.
GuruFocus considers Golf Do Co to be Significantly Overvalued.
Key valuation signals for NGO:3032:
Return-on-Tangible-Equity: 1.17% (88% below median its 10-year median of 9.40)
GF Value™: 円212.35 vs. price of 円310.00 (46% above fair value)
Industry Position: 86.2% below the Retail - Cyclical median (#447 of 1059)
No single metric tells the full story. See the NGO:3032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Golf Do Co Ltd is engaged in the operation of direct and franchised chain stores that buy and sell second-hand clubs. Its products include new and second-hand golf clubs, golf goods, such as golf balls, caddy bags. It also provides free rental from the abundant clubs at the shop during lessons.
53GF Score
Get the complete analysis for NGO:3032
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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