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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.
Medinet CoTSE:2370 -4.00%45 Return-on-Tangible-Equity is -24.85% as of Mar. 2026. GuruFocus rates TSE:2370 with a GF Score™ of 45/100 and a GF Value™ of 円41.73 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,199 Biotechnology companies, Medinet Co ranks better than 56.13% 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. Medinet Co's annualized net income for the quarter that ended in Mar. 2026 was 円-848.3 Mil. Medinet Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円3,413.1 Mil. Therefore, Medinet Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -24.85%.
The historical rank and industry rank for Medinet Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:2370'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -73.14 Med: -27.03 Max: -17.52
Current: -32.09
During the past 13 years, Medinet Co's highest Return-on-Tangible-Equity was -17.52%. The lowest was -73.14%. And the median was -27.03%.
TSE:2370's Return-on-Tangible-Equity is ranked better than 56.13% of 1199
companies
in the Biotechnology industry
Industry Median: -42.4
vs TSE:2370: -32.09
Medinet Co (TSE:2370) 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.
Medinet Co Return-on-Tangible-Equity Related Terms
Medinet Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Medinet 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:2370 vs VRTX, REGN, ALNY: Return-on-Tangible-Equity Comparison
For the Biotechnology subindustry, Medinet 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.
Medinet Co Return-on-Tangible-Equity vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Medinet Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Medinet 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 -24.85% mean?
Medinet Co (TSE:2370) has a Return-on-Tangible-Equity of -24.85% 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 Medinet Co and its competitors. According to the industry distribution chart, Medinet Co ranks #526 out of 1199 companies in the Biotechnology industry, placing it in the top 43.9%.
Is Medinet Co's Return-on-Tangible-Equity too high?
Medinet Co's current Return-on-Tangible-Equity is -24.85%. Based on the distribution chart, Medinet Co ranks #526 out of 1199 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Medinet Co has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Medinet Co's Return-on-Tangible-Equity compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Medinet Co ranks #526 out of 1199 companies for Return-on-Tangible-Equity. This puts Medinet Co in the upper half of its industry. 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 Biotechnology company?
A good Return-on-Tangible-Equity depends on the Biotechnology industry context. 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 Medinet Co and its competitors. Medinet Co's current Return-on-Tangible-Equity is -24.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medinet Co stock overvalued right now?
Based on GuruFocus' analysis, Medinet Co (TSE:2370) is currently considered Possible Value Trap. The stock's GF Value™ is 円41.73, compared to a current price of 円24.00 — trading 42.5% below its estimated fair value. The current Return-on-Tangible-Equity is -24.85%. Medinet Co's overall GF Score™ is 45/100 with 6 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 Medinet Co (TSE:2370), the current Return-on-Tangible-Equity is -24.85% 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 Medinet Co (TSE:2370) Overvalued in 2026?
Based on GuruFocus' analysis, Medinet Co stock appears to be undervalued.
The current stock price of 円24.00 is trading 42.5% below its estimated GF Value™ of 円41.73.
GuruFocus considers Medinet Co to be Possible Value Trap.
Key valuation signals for TSE:2370:
Return-on-Tangible-Equity: -24.85%
GF Value™: 円41.73 vs. price of 円24.00 (42.5% below fair value)
No single metric tells the full story. See the TSE:2370 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Medinet Co Ltd is a Japan-based Contract Development and Manufacturing Organization (CDMO). The company is engaged in the research and development of regenerative medical products, investigational products, and specified cell products. MEDINET is a one-stop regenerative medicine and cell therapy solution provider. It provides value chain solutions including personnel training, facility and equipment design, facility operations and management, preparation of standard operating procedures, logistics network, information system, purchasing and production management, quality management solutions to medical institutions, research institutions, and biopharmaceutical companies.
45GF Score
Get the complete analysis for TSE:2370
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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