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. Tokai Electronics Co's annualized net income for the quarter that ended in Mar. 2026 was 円-69 Mil. Tokai Electronics Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円18,448 Mil. Therefore, Tokai Electronics Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.37%.
The historical rank and industry rank for Tokai Electronics Co's Return-on-Tangible-Equity or its related term are showing as below:
NGO:8071'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.63 Med: 4.22 Max: 10.7
Current: 2.19
During the past 13 years, Tokai Electronics Co's highest Return-on-Tangible-Equity was 10.70%. The lowest was 1.63%. And the median was 4.22%.
NGO:8071's Return-on-Tangible-Equity is ranked worse than 62.38% of 2379
companies
in the Hardware industry
Industry Median: 5.28
vs NGO:8071: 2.19
Tokai Electronics Co (NGO:8071) 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.
Tokai Electronics Co Return-on-Tangible-Equity Related Terms
Tokai Electronics Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tokai Electronics 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.
Tokai Electronics Co Return-on-Tangible-Equity Chart
NGO:8071 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Tokai Electronics 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.
Tokai Electronics Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Tokai Electronics Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tokai Electronics 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 -0.37% mean?
Tokai Electronics Co (NGO:8071) has a Return-on-Tangible-Equity of -0.37% 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 Tokai Electronics Co and its competitors. Over the past decade, Tokai Electronics Co's Return-on-Tangible-Equity has ranged from 1.63 to 10.70. According to the industry distribution chart, Tokai Electronics Co ranks #1484 out of 2379 companies in the Hardware industry, placing it in the top 62.4%.
Is Tokai Electronics Co's Return-on-Tangible-Equity too high?
Tokai Electronics Co's current Return-on-Tangible-Equity is -0.37%. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 10.70. Based on the distribution chart, Tokai Electronics Co ranks #1484 out of 2379 companies in the Hardware industry, which is below the industry midpoint. Overall, Tokai Electronics Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Electronics Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Tokai Electronics Co ranks #1484 out of 2379 companies for Return-on-Tangible-Equity. This places Tokai Electronics Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.28. Historically, Tokai Electronics Co's own Return-on-Tangible-Equity has ranged from 1.63 to 10.70 over the past decade. 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 5.28, based on 2,379 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. 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 Tokai Electronics Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokai Electronics Co's current Return-on-Tangible-Equity is -0.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Electronics Co (NGO:8071) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,816.13, compared to a current price of 円2,870.00 — trading 58% above its estimated fair value. The current Return-on-Tangible-Equity is -0.37%. Tokai Electronics Co's overall GF Score™ is 57/100 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 Tokai Electronics Co (NGO:8071), the current Return-on-Tangible-Equity is -0.37% 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 Tokai Electronics Co (NGO:8071) Overvalued in 2026?
Based on GuruFocus' analysis, Tokai Electronics Co stock appears to be overvalued.
The current stock price of 円2,870.00 is trading 58% above its estimated GF Value™ of 円1,816.13.
GuruFocus considers Tokai Electronics Co to be Significantly Overvalued.
Key valuation signals for NGO:8071:
Return-on-Tangible-Equity: -0.37%
GF Value™: 円1,816.13 vs. price of 円2,870.00 (58% above fair value)
No single metric tells the full story. See the NGO:8071 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokai Electronics Co Ltd is engaged in the development, sales, import, and export of electronic devices, semiconductor devices, computer and microcomputer applied systems, and software.
57GF Score
Get the complete analysis for NGO:8071
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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