Hokkai Electrical Construction Co (SSE:1832) Return-on-Tangible-Equity: 16.64% (As of Mar. 2026) — 271% Above Median

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SSE:1832 Hokkai Electrical Construction Co Inc SSE:1832
64 GF Score
Price 円1,370.00
GF Value 円979.39
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Hokkai Electrical Construction Co Return-on-Tangible-Equity?

Hokkai Electrical Construction Co SSE:1832 -0.51% 64 Return-on-Tangible-Equity is 16.64% as of Mar. 2026, which is 271% above its 10-year median of 4.48. GuruFocus rates SSE:1832 with a GF Score™ of 64/100 and a GF Value™ of 円979.39 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,713 Construction companies, Hokkai Electrical Construction Co ranks better than 58.55% 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. Hokkai Electrical Construction Co's annualized net income for the quarter that ended in Mar. 2026 was 円5,832 Mil. Hokkai Electrical Construction Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円35,040 Mil. Therefore, Hokkai Electrical Construction Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.64%.

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

SSE:1832' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.35   Med: 4.48   Max: 10.81
Current: 10.81

During the past 13 years, Hokkai Electrical Construction Co's highest Return-on-Tangible-Equity was 10.81%. The lowest was 2.35%. And the median was 4.48%.

SSE:1832's Return-on-Tangible-Equity is ranked better than
58.55% of 1713 companies
in the Construction industry
Industry Median: 8.21 vs SSE:1832: 10.81

Hokkai Electrical Construction Co  (SSE:1832) 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.


Hokkai Electrical Construction Co Return-on-Tangible-Equity Related Terms


Hokkai Electrical Construction Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Hokkai Electrical Construction 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.

Hokkai Electrical Construction Co Return-on-Tangible-Equity Chart

Hokkai Electrical Construction 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 3.77 3.47 7.05 7.90 10.67

Hokkai Electrical Construction 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 13.00 4.08 11.84 4.82 16.64

SSE:1832 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, Hokkai Electrical Construction 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.


Hokkai Electrical Construction Co Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, Hokkai Electrical Construction Co's Return-on-Tangible-Equity distribution charts can be found below:

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


SSE:1832
64GF Score
Hokkai Electrical Construction Co Inc SSE:1832
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokkai Electrical Construction Co Return-on-Tangible-Equity Calculation

Hokkai Electrical Construction 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 )
=3717/( (33034+36612 )/ 2 )
=3717/34823
=10.67 %

Hokkai Electrical Construction 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 )
=5832/( (33468+36612)/ 2 )
=5832/35040
=16.64 %

* 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 16.64% mean?
Hokkai Electrical Construction Co (SSE:1832) has a Return-on-Tangible-Equity of 16.64% 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 Hokkai Electrical Construction Co and its competitors. This is 271% above median its historical median of 4.48. Over the past decade, Hokkai Electrical Construction Co's Return-on-Tangible-Equity has ranged from 2.35 to 10.81. According to the industry distribution chart, Hokkai Electrical Construction Co ranks #710 out of 1713 companies in the Construction industry, placing it in the top 41.4%.
Is Hokkai Electrical Construction Co's Return-on-Tangible-Equity too high?
Hokkai Electrical Construction Co's current Return-on-Tangible-Equity of 16.64% is 271% above median its 10-year median of 4.48. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 10.81. The Construction industry median Return-on-Tangible-Equity is 8.21. Hokkai Electrical Construction Co's value of 16.64% is 102.7% above this industry median. Based on the distribution chart, Hokkai Electrical Construction Co ranks #710 out of 1713 companies in the Construction industry, which is above the industry midpoint. Overall, Hokkai Electrical Construction Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkai Electrical Construction Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Hokkai Electrical Construction Co ranks #710 out of 1713 companies for Return-on-Tangible-Equity. This puts Hokkai Electrical Construction Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.21. Hokkai Electrical Construction Co's value of 16.64% is 102.7% above this benchmark. Historically, Hokkai Electrical Construction Co's own Return-on-Tangible-Equity has ranged from 2.35 to 10.81 over the past decade. While the company's 10-year median is 4.48 vs. the industry median of 8.21, Hokkai Electrical Construction 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,713 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. Hokkai Electrical Construction Co's current Return-on-Tangible-Equity of 16.64% is 102.7% 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 Hokkai Electrical Construction Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokkai Electrical Construction Co's current Return-on-Tangible-Equity is 16.64%, which is 271% above median its own 10-year median of 4.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkai Electrical Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Hokkai Electrical Construction Co (SSE:1832) is currently considered Significantly Overvalued. The stock's GF Value™ is 円979.39, compared to a current price of 円1,370.00 — trading 39.9% above its estimated fair value. The current Return-on-Tangible-Equity is 16.64%, which is 271% above median its 10-year median of 4.48 and 102.7% above the Construction industry median of 8.21. Hokkai Electrical Construction Co's overall GF Score™ is 64/100 with 1 warning sign 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 Hokkai Electrical Construction Co (SSE:1832), the current Return-on-Tangible-Equity is 16.64% 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 Hokkai Electrical Construction Co (SSE:1832) Overvalued in 2026?

Based on GuruFocus' analysis, Hokkai Electrical Construction Co stock appears to be overvalued. The current stock price of 円1,370.00 is trading 39.9% above its estimated GF Value™ of 円979.39. GuruFocus considers Hokkai Electrical Construction Co to be Significantly Overvalued.

Key valuation signals for SSE:1832:

  • Return-on-Tangible-Equity: 16.64% (271% above median its 10-year median of 4.48)
  • GF Value™: 円979.39 vs. price of 円1,370.00 (39.9% above fair value)
  • GF Score™: 64/100 with 1 warning sign
  • Industry Position: 102.7% above the Construction median (#710 of 1713)

No single metric tells the full story. See the SSE:1832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokkai Electrical Construction Co Business Description

Address No. 8 No. 21 1-chome, Sapporo Shiroishi-ku, Kikusui Article 2, Sapporo, JPN, 003-8531
Hokkai Electrical Construction Co Inc manufactures electrical equipment and mechanical equipment. The company also manufactures power generation equipment such as photovoltaic power generation and wind power generation, interconnection equipment of low pressure, high pressure, special high pressure for interconnecting to the electric power system, and system requirement equipment such as storage battery installation. The company provides power distribution facility and telecommunications network facility.
64GF Score

Get the complete analysis for SSE:1832

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

円1,370.00
Price
円979.39
GF Value