Yamanaka Co (NGO:8190) Return-on-Tangible-Equity: 1.65% (As of Mar. 2026) — 39% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:8190 Yamanaka Co Ltd NGO:8190
57 GF Score
Price 円519.00
GF Value 円586.12
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Yamanaka Co Return-on-Tangible-Equity?

Yamanaka Co NGO:8190 -0.19% 57 Return-on-Tangible-Equity is 1.65% as of Mar. 2026, which is 39% below its 10-year median of 2.69. GuruFocus rates NGO:8190 with a GF Score™ of 57/100 and a GF Value™ of 円586.12 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,060 Retail - Cyclical companies, Yamanaka Co ranks worse than 73.77% 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. Yamanaka Co's annualized net income for the quarter that ended in Mar. 2026 was 円284 Mil. Yamanaka Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円17,181 Mil. Therefore, Yamanaka Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.65%.

The historical rank and industry rank for Yamanaka Co's Return-on-Tangible-Equity or its related term are showing as below:

NGO:8190' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.16   Med: 2.69   Max: 5.93
Current: 0.6

During the past 13 years, Yamanaka Co's highest Return-on-Tangible-Equity was 5.93%. The lowest was -4.16%. And the median was 2.69%.

NGO:8190's Return-on-Tangible-Equity is ranked worse than
73.77% of 1060 companies
in the Retail - Cyclical industry
Industry Median: 8.455 vs NGO:8190: 0.60

Yamanaka Co  (NGO:8190) 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.


Yamanaka Co Return-on-Tangible-Equity Related Terms


Yamanaka Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Yamanaka 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.

Yamanaka Co Return-on-Tangible-Equity Chart

Yamanaka Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.50 -4.16 2.95 1.77 0.60

Yamanaka Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.83 1.71 1.84 -0.48 1.65

NGO:8190 vs CASY, WSM, DKS: Return-on-Tangible-Equity Comparison

For the Specialty Retail subindustry, Yamanaka 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.


Yamanaka Co Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Yamanaka Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Yamanaka Co's Return-on-Tangible-Equity falls into.


NGO:8190
57GF Score
Yamanaka Co Ltd NGO:8190
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yamanaka Co Return-on-Tangible-Equity Calculation

Yamanaka Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=102/( (16760+17444 )/ 2 )
=102/17102
=0.60 %

Yamanaka Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=284/( (16917+17444)/ 2 )
=284/17180.5
=1.65 %

* 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 1.65% mean?
Yamanaka Co (NGO:8190) has a Return-on-Tangible-Equity of 1.65% 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 Yamanaka Co and its competitors. This is 39% below median its historical median of 2.69. According to the industry distribution chart, Yamanaka Co ranks #782 out of 1060 companies in the Retail - Cyclical industry, placing it in the top 73.8%.
Is Yamanaka Co's Return-on-Tangible-Equity too high?
Yamanaka Co's current Return-on-Tangible-Equity of 1.65% is 39% below median its 10-year median of 2.69. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.46. Yamanaka Co's value of 1.65% is 80.5% below this industry median. Based on the distribution chart, Yamanaka Co ranks #782 out of 1060 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Yamanaka Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yamanaka Co's Return-on-Tangible-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Yamanaka Co ranks #782 out of 1060 companies for Return-on-Tangible-Equity. This places Yamanaka Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.46. Yamanaka Co's value of 1.65% is 80.5% below this benchmark. While the company's 10-year median is 2.69 vs. the industry median of 8.46, Yamanaka 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 8.46, based on 1,060 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. Yamanaka Co's current Return-on-Tangible-Equity of 1.65% is 80.5% 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 Yamanaka Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamanaka Co's current Return-on-Tangible-Equity is 1.65%, which is 39% below median its own 10-year median of 2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamanaka Co stock overvalued right now?
Based on GuruFocus' analysis, Yamanaka Co (NGO:8190) is currently considered Modestly Undervalued. The stock's GF Value™ is 円586.12, compared to a current price of 円519.00 — trading 11.5% below its estimated fair value. The current Return-on-Tangible-Equity is 1.65%, which is 39% below median its 10-year median of 2.69 and 80.5% below the Retail - Cyclical industry median of 8.46. Yamanaka Co's overall GF Score™ is 57/100 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 Yamanaka Co (NGO:8190), the current Return-on-Tangible-Equity is 1.65% 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 Yamanaka Co (NGO:8190) Overvalued in 2026?

Based on GuruFocus' analysis, Yamanaka Co stock appears to be undervalued. The current stock price of 円519.00 is trading 11.5% below its estimated GF Value™ of 円586.12. GuruFocus considers Yamanaka Co to be Modestly Undervalued.

Key valuation signals for NGO:8190:

  • Return-on-Tangible-Equity: 1.65% (39% below median its 10-year median of 2.69)
  • GF Value™: 円586.12 vs. price of 円519.00 (11.5% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 80.5% below the Retail - Cyclical median (#782 of 1060)

No single metric tells the full story. See the NGO:8190 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yamanaka Co Business Description

Address 1-1 Nishieda, Iwatsuka-cho, Nakamura-ku, Nagoya, JPN, 453-8608
Yamanaka Co Ltd operates general retail stores. The company also operates fast food business, gardening supplies business, and manages sports club.
57GF Score

Get the complete analysis for NGO:8190

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円519.00
Price
円586.12
GF Value