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Shinwa CoNGO:3447 75 Return-on-Tangible-Equity is 57.93% as of Mar. 2026, which is 34% above its 10-year median of 43.28. GuruFocus rates NGO:3447 with a GF Score™ of 75/100 and a GF Value™ of 円1,032.78. The stock has 4 warning signs investors should review. Among 2,969 Industrial Products companies, Shinwa Co ranks better than 95.59% 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. Shinwa Co's annualized net income for the quarter that ended in Mar. 2026 was 円1,677 Mil. Shinwa Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円2,895 Mil. Therefore, Shinwa Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 57.93%.
The historical rank and industry rank for Shinwa Co's Return-on-Tangible-Equity or its related term are showing as below:
NGO:3447'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.47 Med: 43.28 Max: 4997.32
Current: 65.02
During the past 10 years, Shinwa Co's highest Return-on-Tangible-Equity was 4,997.32%. The lowest was 8.47%. And the median was 43.28%.
NGO:3447's Return-on-Tangible-Equity is ranked better than 95.59% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs NGO:3447: 65.02
Shinwa Co (NGO:3447) 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.
Shinwa Co Return-on-Tangible-Equity Related Terms
Shinwa Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shinwa 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:3447 vs CRS, ATI, MLI: Return-on-Tangible-Equity Comparison
For the Metal Fabrication subindustry, Shinwa 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.
Shinwa Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shinwa Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shinwa 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 57.93% mean?
Shinwa Co (NGO:3447) has a Return-on-Tangible-Equity of 57.93% 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 Shinwa Co and its competitors. This is 34% above median its historical median of 43.28. Over the past decade, Shinwa Co's Return-on-Tangible-Equity has ranged from 8.47 to 4,997.32. According to the industry distribution chart, Shinwa Co ranks #131 out of 2969 companies in the Industrial Products industry, placing it in the top 4.4%.
Is Shinwa Co's Return-on-Tangible-Equity too high?
Shinwa Co's current Return-on-Tangible-Equity of 57.93% is 34% above median its 10-year median of 43.28. Over the past 10 years, this metric has ranged from a low of 8.47 to a high of 4,997.32. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Shinwa Co's value of 57.93% is 762.1% above this industry median. Based on the distribution chart, Shinwa Co ranks #131 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shinwa Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Shinwa Co's Return-on-Tangible-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Shinwa Co ranks #131 out of 2969 companies for Return-on-Tangible-Equity. This places Shinwa Co in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Shinwa Co's value of 57.93% is 762.1% above this benchmark. Historically, Shinwa Co's own Return-on-Tangible-Equity has ranged from 8.47 to 4,997.32 over the past decade. While the company's 10-year median is 43.28 vs. the industry median of 6.72, Shinwa 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,969 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. Shinwa Co's current Return-on-Tangible-Equity of 57.93% is 762.1% 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 Shinwa Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinwa Co's current Return-on-Tangible-Equity is 57.93%, which is 34% above median its own 10-year median of 43.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinwa Co stock overvalued right now?
Shinwa Co (NGO:3447) has a current Return-on-Tangible-Equity of 57.93%. The stock's GF Value™ is 円1,032.78, compared to a current price of 円886.00 — trading 14.2% below its estimated fair value. The current Return-on-Tangible-Equity is 57.93%, which is 34% above median its 10-year median of 43.28 and 762.1% above the Industrial Products industry median of 6.72. Shinwa Co's overall GF Score™ is 75/100 with 4 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 Shinwa Co (NGO:3447), the current Return-on-Tangible-Equity is 57.93% 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 Shinwa Co (NGO:3447) Overvalued in 2026?
Based on GuruFocus' analysis, Shinwa Co stock appears to be undervalued.
The current stock price of 円886.00 is trading 14.2% below its estimated GF Value™ of 円1,032.78.
Key valuation signals for NGO:3447:
Return-on-Tangible-Equity: 57.93% (34% above median its 10-year median of 43.28)
GF Value™: 円1,032.78 vs. price of 円886.00 (14.2% below fair value)
Industry Position: 762.1% above the Industrial Products median (#131 of 2969)
No single metric tells the full story. See the NGO:3447 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinwa Co Ltd is a Japan-based company offering temporary construction materials and distribution equipment. Products offered by the company include Shinwa catcher, Shinwa pallet, logistics equipment and other safety equipment such as preceding handrail safe hangers, baseboard safe angles, simple lift handling boxes.
75GF Score
Get the complete analysis for NGO:3447
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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