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Chugai Ro CoTSE:1964 -1.46%75 Return-on-Tangible-Equity is 31.32% as of Mar. 2026, which is 482% above its 10-year median of 5.38. GuruFocus rates TSE:1964 with a GF Score™ of 75/100 and a GF Value™ of 円4,101.17 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,984 Industrial Products companies, Chugai Ro Co ranks better than 72.72% 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. Chugai Ro Co's annualized net income for the quarter that ended in Mar. 2026 was 円9,340 Mil. Chugai Ro Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円29,821 Mil. Therefore, Chugai Ro Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 31.32%.
The historical rank and industry rank for Chugai Ro Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:1964'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.58 Med: 5.38 Max: 15.8
Current: 13.58
During the past 13 years, Chugai Ro Co's highest Return-on-Tangible-Equity was 15.80%. The lowest was 1.58%. And the median was 5.38%.
TSE:1964's Return-on-Tangible-Equity is ranked better than 72.72% of 2984
companies
in the Industrial Products industry
Industry Median: 7.155
vs TSE:1964: 13.58
Chugai Ro Co (TSE:1964) 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.
Chugai Ro Co Return-on-Tangible-Equity Related Terms
Chugai Ro Co Return-on-Tangible-Equity Historical Data
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The historical data trend for Chugai Ro 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.
TSE:1964 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Chugai Ro 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.
Chugai Ro Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chugai Ro Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chugai Ro 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 (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 31.32% mean?
Chugai Ro Co (TSE:1964) has a Return-on-Tangible-Equity of 31.32% 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 Chugai Ro Co and its competitors. This is 482% above median its historical median of 5.38. Over the past decade, Chugai Ro Co's Return-on-Tangible-Equity has ranged from 1.58 to 15.80. According to the industry distribution chart, Chugai Ro Co ranks #814 out of 2984 companies in the Industrial Products industry, placing it in the top 27.3%.
Is Chugai Ro Co's Return-on-Tangible-Equity too high?
Chugai Ro Co's current Return-on-Tangible-Equity of 31.32% is 482% above median its 10-year median of 5.38. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 15.80. The Industrial Products industry median Return-on-Tangible-Equity is 7.16. Chugai Ro Co's value of 31.32% is 337.7% above this industry median. Based on the distribution chart, Chugai Ro Co ranks #814 out of 2984 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Chugai Ro Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chugai Ro Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Chugai Ro Co ranks #814 out of 2984 companies for Return-on-Tangible-Equity. This puts Chugai Ro Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.16. Chugai Ro Co's value of 31.32% is 337.7% above this benchmark. Historically, Chugai Ro Co's own Return-on-Tangible-Equity has ranged from 1.58 to 15.80 over the past decade. While the company's 10-year median is 5.38 vs. the industry median of 7.16, Chugai Ro 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 7.16, based on 2,984 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. Chugai Ro Co's current Return-on-Tangible-Equity of 31.32% is 337.7% 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 Chugai Ro Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugai Ro Co's current Return-on-Tangible-Equity is 31.32%, which is 482% above median its own 10-year median of 5.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugai Ro Co stock overvalued right now?
Based on GuruFocus' analysis, Chugai Ro Co (TSE:1964) is currently considered Fairly Valued. The stock's GF Value™ is 円4,101.17, compared to a current price of 円4,060.00 — trading 1% below its estimated fair value. The current Return-on-Tangible-Equity is 31.32%, which is 482% above median its 10-year median of 5.38 and 337.7% above the Industrial Products industry median of 7.16. Chugai Ro Co's overall GF Score™ is 75/100 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 Chugai Ro Co (TSE:1964), the current Return-on-Tangible-Equity is 31.32% 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 Chugai Ro Co (TSE:1964) Overvalued in 2026?
Based on GuruFocus' analysis, Chugai Ro Co stock appears to be undervalued.
The current stock price of 円4,060.00 is trading 1% below its estimated GF Value™ of 円4,101.17.
GuruFocus considers Chugai Ro Co to be Fairly Valued.
Key valuation signals for TSE:1964:
Return-on-Tangible-Equity: 31.32% (482% above median its 10-year median of 5.38)
GF Value™: 円4,101.17 vs. price of 円4,060.00 (1% below fair value)
Industry Position: 337.7% above the Industrial Products median (#814 of 2984)
No single metric tells the full story. See the TSE:1964 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chugai Ro Co Ltd is engaged in the development of technologies in the thermal technology field. The company operates through three segments namely Energy, Environmental preservation, and Information or communications. It offers various products including heat treatment furnaces for automobile machine parts, steel and nonferrous-metal heating furnaces, gas burner, film coating and drying equipment and environmental equipment and others.
75GF Score
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