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Mitachi CoNGO:3321 70 Return-on-Tangible-Equity is 11.15% as of Feb. 2026, which is 2% below its 10-year median of 11.38. GuruFocus rates NGO:3321 with a GF Score™ of 70/100 and a GF Value™ of 円3,537.65 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,383 Hardware companies, Mitachi Co ranks better than 74.07% 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. Mitachi Co's annualized net income for the quarter that ended in Feb. 2026 was 円1,883 Mil. Mitachi Co's average shareholder tangible equity for the quarter that ended in Feb. 2026 was 円16,891 Mil. Therefore, Mitachi Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 11.15%.
The historical rank and industry rank for Mitachi Co's Return-on-Tangible-Equity or its related term are showing as below:
NGO:3321'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.53 Med: 11.38 Max: 13.84
Current: 12.86
During the past 13 years, Mitachi Co's highest Return-on-Tangible-Equity was 13.84%. The lowest was 5.53%. And the median was 11.38%.
NGO:3321's Return-on-Tangible-Equity is ranked better than 74.07% of 2383
companies
in the Hardware industry
Industry Median: 5.34
vs NGO:3321: 12.86
Mitachi Co (NGO:3321) 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.
Mitachi Co Return-on-Tangible-Equity Related Terms
Mitachi Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mitachi 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:3321 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Mitachi 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.
Mitachi Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Mitachi Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mitachi 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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 11.15% mean?
Mitachi Co (NGO:3321) has a Return-on-Tangible-Equity of 11.15% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mitachi Co and its competitors. This is near median its historical median of 11.38. Over the past decade, Mitachi Co's Return-on-Tangible-Equity has ranged from 5.53 to 13.84. According to the industry distribution chart, Mitachi Co ranks #618 out of 2383 companies in the Hardware industry, placing it in the top 25.9%.
Is Mitachi Co's Return-on-Tangible-Equity too high?
Mitachi Co's current Return-on-Tangible-Equity of 11.15% is near median its 10-year median of 11.38. Over the past 10 years, this metric has ranged from a low of 5.53 to a high of 13.84. The Hardware industry median Return-on-Tangible-Equity is 5.34. Mitachi Co's value of 11.15% is 108.8% above this industry median. Based on the distribution chart, Mitachi Co ranks #618 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, Mitachi Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitachi Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Mitachi Co ranks #618 out of 2383 companies for Return-on-Tangible-Equity. This puts Mitachi Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.34. Mitachi Co's value of 11.15% is 108.8% above this benchmark. Historically, Mitachi Co's own Return-on-Tangible-Equity has ranged from 5.53 to 13.84 over the past decade. While the company's 10-year median is 11.38 vs. the industry median of 5.34, Mitachi 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 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. Mitachi Co's current Return-on-Tangible-Equity of 11.15% is 108.8% 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 Mitachi Co 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. Mitachi Co's current Return-on-Tangible-Equity is 11.15%, which is near median its own 10-year median of 11.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitachi Co stock overvalued right now?
Based on GuruFocus' analysis, Mitachi Co (NGO:3321) is currently considered Significantly Undervalued. The stock's GF Value™ is 円3,537.65, compared to a current price of 円1,588.00 — trading 55.1% below its estimated fair value. The current Return-on-Tangible-Equity is 11.15%, which is near median its 10-year median of 11.38 and 108.8% above the Hardware industry median of 5.34. Mitachi Co's overall GF Score™ is 70/100 with 2 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 Mitachi Co (NGO:3321), the current Return-on-Tangible-Equity is 11.15% as of Feb. 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 Mitachi Co (NGO:3321) Overvalued in 2026?
Based on GuruFocus' analysis, Mitachi Co stock appears to be undervalued.
The current stock price of 円1,588.00 is trading 55.1% below its estimated GF Value™ of 円3,537.65.
GuruFocus considers Mitachi Co to be Significantly Undervalued.
Key valuation signals for NGO:3321:
Return-on-Tangible-Equity: 11.15% (near median its 10-year median of 11.38)
GF Value™: 円3,537.65 vs. price of 円1,588.00 (55.1% below fair value)
Industry Position: 108.8% above the Hardware median (#618 of 2383)
No single metric tells the full story. See the NGO:3321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitachi Co Ltd is engaged in the sale of electronics devices such as semiconductor, LCD, as well as electronics components, and motors for various electronics industries such as car electronics, amusement, industrial equipment, consumer equipment, communication equipment, and so on. It offers various products such as universal integrated circuits (ICs), diodes, transistors, optical semiconductors and system large-scale integration (LSI); liquid crystal products, such as liquid crystal modules; electronic components, including resistors, condensers, switches and electronic printed boards.
70GF Score
Get the complete analysis for NGO:3321
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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