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Nippon Beet Sugar Manufacturing CoTSE:2108 +0.71%52 Return-on-Tangible-Equity is 24.02% as of Mar. 2026, which is 926% above its 10-year median of 2.34. GuruFocus rates TSE:2108 with a GF Score™ of 52/100 and a GF Value™ of 円2,620.49 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,880 Consumer Packaged Goods companies, Nippon Beet Sugar Manufacturing Co ranks worse than 54.2% on this metric.
The historical rank and industry rank for Nippon Beet Sugar Manufacturing Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:2108'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.79 Med: 2.34 Max: 6.91
Current: 6.91
During the past 13 years, Nippon Beet Sugar Manufacturing Co's highest Return-on-Tangible-Equity was 6.91%. The lowest was 1.79%. And the median was 2.34%.
TSE:2108's Return-on-Tangible-Equity is ranked worse than 54.2% of 1880
companies
in the Consumer Packaged Goods industry
Industry Median: 7.845
vs TSE:2108: 6.91
Nippon Beet Sugar Manufacturing Co (TSE:2108) 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.
Nippon Beet Sugar Manufacturing Co Return-on-Tangible-Equity Related Terms
Nippon Beet Sugar Manufacturing Co Return-on-Tangible-Equity Historical Data
* 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.
Nippon Beet Sugar Manufacturing Co Return-on-Tangible-Equity Chart
TSE:2108 vs MDLZ, HSY, TR: Return-on-Tangible-Equity Comparison
For the Confectioners subindustry, Nippon Beet Sugar Manufacturing 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.
Nippon Beet Sugar Manufacturing Co Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nippon Beet Sugar Manufacturing Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nippon Beet Sugar Manufacturing 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 24.02% mean?
Nippon Beet Sugar Manufacturing Co (TSE:2108) has a Return-on-Tangible-Equity of 24.02% 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 Nippon Beet Sugar Manufacturing Co and its competitors. This is 926% above median its historical median of 2.34. Over the past decade, Nippon Beet Sugar Manufacturing Co's Return-on-Tangible-Equity has ranged from 1.79 to 6.91. According to the industry distribution chart, Nippon Beet Sugar Manufacturing Co ranks #1019 out of 1880 companies in the Consumer Packaged Goods industry, placing it in the top 54.2%.
Is Nippon Beet Sugar Manufacturing Co's Return-on-Tangible-Equity too high?
Nippon Beet Sugar Manufacturing Co's current Return-on-Tangible-Equity of 24.02% is 926% above median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 6.91. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.85. Nippon Beet Sugar Manufacturing Co's value of 24.02% is 206.2% above this industry median. Based on the distribution chart, Nippon Beet Sugar Manufacturing Co ranks #1019 out of 1880 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Nippon Beet Sugar Manufacturing Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Beet Sugar Manufacturing Co's Return-on-Tangible-Equity compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Nippon Beet Sugar Manufacturing Co ranks #1019 out of 1880 companies for Return-on-Tangible-Equity. This places Nippon Beet Sugar Manufacturing Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.85. Nippon Beet Sugar Manufacturing Co's value of 24.02% is 206.2% above this benchmark. Historically, Nippon Beet Sugar Manufacturing Co's own Return-on-Tangible-Equity has ranged from 1.79 to 6.91 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 7.85, Nippon Beet Sugar Manufacturing 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.85, based on 1,880 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. Nippon Beet Sugar Manufacturing Co's current Return-on-Tangible-Equity of 24.02% is 206.2% 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 Nippon Beet Sugar Manufacturing Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Beet Sugar Manufacturing Co's current Return-on-Tangible-Equity is 24.02%, which is 926% above median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Beet Sugar Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Beet Sugar Manufacturing Co (TSE:2108) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,620.49, compared to a current price of 円4,960.00 — trading 89.3% above its estimated fair value. The current Return-on-Tangible-Equity is 24.02%, which is 926% above median its 10-year median of 2.34 and 206.2% above the Consumer Packaged Goods industry median of 7.85. Nippon Beet Sugar Manufacturing Co's overall GF Score™ is 52/100 with 8 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 Nippon Beet Sugar Manufacturing Co (TSE:2108), the current Return-on-Tangible-Equity is 24.02% 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 Nippon Beet Sugar Manufacturing Co (TSE:2108) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Beet Sugar Manufacturing Co stock appears to be overvalued.
The current stock price of 円4,960.00 is trading 89.3% above its estimated GF Value™ of 円2,620.49.
GuruFocus considers Nippon Beet Sugar Manufacturing Co to be Significantly Overvalued.
Key valuation signals for TSE:2108:
Return-on-Tangible-Equity: 24.02% (926% above median its 10-year median of 2.34)
GF Value™: 円2,620.49 vs. price of 円4,960.00 (89.3% above fair value)
Industry Position: 206.2% above the Consumer Packaged Goods median (#1019 of 1880)
No single metric tells the full story. See the TSE:2108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Beet Sugar Manufacturing Co Business Description
Nippon Beet Sugar Manufacturing Co Ltd is a Japan-based company that operates in the food business. The primary activity of the group includes the manufacture and sale of functional foods such as beet sugar, refined sugar, feed, paper cylinders, yeast, seeds, oligosaccharides, and the like, sales of agricultural equipment, and real estate leasing business. Geographically, the activities of the group functioned throughout the region of Japan.
52GF Score
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