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Wedge CoTSE:252A 12 Return-on-Tangible-Equity is 8.69% as of Dec. 2025, which is 29% below its 10-year median of 12.16. GuruFocus rates TSE:252A with a GF Score™ of 12/100. The stock has 1 warning sign investors should review.
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. Wedge Co's annualized net income for the quarter that ended in Dec. 2025 was 円48 Mil. Wedge Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円557 Mil. Therefore, Wedge Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 8.69%.
The historical rank and industry rank for Wedge Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:252A'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.52 Med: 12.16 Max: 17.02
Current: 9.52
During the past 4 years, Wedge Co's highest Return-on-Tangible-Equity was 17.02%. The lowest was 9.52%. And the median was 12.16%.
TSE:252A's Return-on-Tangible-Equity is not ranked
in the Hardware industry.
Industry Median: 5.34
vs TSE:252A: 9.52
Wedge Co (TSE:252A) 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.
Wedge Co Return-on-Tangible-Equity Related Terms
Wedge Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Wedge 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:252A vs : Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Wedge 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.
Wedge Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Wedge Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wedge 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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 8.69% mean?
Wedge Co (TSE:252A) has a Return-on-Tangible-Equity of 8.69% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Wedge Co and its competitors. This is 29% below median its historical median of 12.16. Over the past decade, Wedge Co's Return-on-Tangible-Equity has ranged from 9.52 to 17.02.
Is Wedge Co's Return-on-Tangible-Equity too high?
Wedge Co's current Return-on-Tangible-Equity of 8.69% is 29% below median its 10-year median of 12.16. Over the past 10 years, this metric has ranged from a low of 9.52 to a high of 17.02. The Hardware industry median Return-on-Tangible-Equity is 5.34. Wedge Co's value of 8.69% is 62.7% above this industry median. Overall, Wedge Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wedge Co's Return-on-Tangible-Equity compare to ?
Wedge Co's Return-on-Tangible-Equity of 8.69% can be compared against companies in the Hardware industry. The industry median Return-on-Tangible-Equity is 5.34. Wedge Co's value of 8.69% is 62.7% above this benchmark. Historically, Wedge Co's own Return-on-Tangible-Equity has ranged from 9.52 to 17.02 over the past decade. While the company's 10-year median is 12.16 vs. the industry median of 5.34, Wedge 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.34, based on 2,383 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. Wedge Co's current Return-on-Tangible-Equity of 8.69% is 62.7% 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 Wedge Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wedge Co's current Return-on-Tangible-Equity is 8.69%, which is 29% below median its own 10-year median of 12.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wedge Co stock overvalued right now?
Wedge Co (TSE:252A) has a current Return-on-Tangible-Equity of 8.69%. The current Return-on-Tangible-Equity is 8.69%, which is 29% below median its 10-year median of 12.16 and 62.7% above the Hardware industry median of 5.34. Wedge Co's overall GF Score™ is 12/100 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 Wedge Co (TSE:252A), the current Return-on-Tangible-Equity is 8.69% as of Dec. 2025. 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.
Wedge Co Ltd is engaged in the Design, development, sales, maintenance, management, and rental and leasing of wireless communication devices. Its products include Digital simple radio registration stations, Specific low-power transceivers, repeaters, Business radios, Earphones, Microphones, chargers, Battery clips, Storage cases, antennas, GPs and others.
12GF Score
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