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Techno Alpha CoTSE:3089 +0.49%78 Return-on-Tangible-Equity is 0.22% as of May. 2026, which is 98% below its 10-year median of 10.58. GuruFocus rates TSE:3089 with a GF Score™ of 78/100 and a GF Value™ of 円1,153.93 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 985 Semiconductors companies, Techno Alpha Co ranks better than 81.83% 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. Techno Alpha Co's annualized net income for the quarter that ended in May. 2026 was 円5 Mil. Techno Alpha Co's average shareholder tangible equity for the quarter that ended in May. 2026 was 円2,245 Mil. Therefore, Techno Alpha Co's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was 0.22%.
The historical rank and industry rank for Techno Alpha Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:3089'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.76 Med: 10.58 Max: 19.82
Current: 18.52
During the past 13 years, Techno Alpha Co's highest Return-on-Tangible-Equity was 19.82%. The lowest was -6.76%. And the median was 10.58%.
TSE:3089's Return-on-Tangible-Equity is ranked better than 81.83% of 985
companies
in the Semiconductors industry
Industry Median: 5.24
vs TSE:3089: 18.52
Techno Alpha Co (TSE:3089) 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.
Techno Alpha Co Return-on-Tangible-Equity Related Terms
Techno Alpha Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Techno Alpha 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:3089 vs AMAT, LRCX, KLAC: Return-on-Tangible-Equity Comparison
For the Semiconductor Equipment & Materials subindustry, Techno Alpha 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.
Techno Alpha Co Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Techno Alpha Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Techno Alpha 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 (May. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.22% mean?
Techno Alpha Co (TSE:3089) has a Return-on-Tangible-Equity of 0.22% as of May. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Techno Alpha Co and its competitors. This is 98% below median its historical median of 10.58. According to the industry distribution chart, Techno Alpha Co ranks #179 out of 985 companies in the Semiconductors industry, placing it in the top 18.2%.
Is Techno Alpha Co's Return-on-Tangible-Equity too high?
Techno Alpha Co's current Return-on-Tangible-Equity of 0.22% is 98% below median its 10-year median of 10.58. The Semiconductors industry median Return-on-Tangible-Equity is 5.24. Techno Alpha Co's value of 0.22% is 95.8% below this industry median. Based on the distribution chart, Techno Alpha Co ranks #179 out of 985 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Techno Alpha Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Techno Alpha Co's Return-on-Tangible-Equity compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Techno Alpha Co ranks #179 out of 985 companies for Return-on-Tangible-Equity. This places Techno Alpha Co in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.24. Techno Alpha Co's value of 0.22% is 95.8% below this benchmark. While the company's 10-year median is 10.58 vs. the industry median of 5.24, Techno Alpha Co has consistently been below 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.24, based on 985 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. Techno Alpha Co's current Return-on-Tangible-Equity of 0.22% is 95.8% below 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 Techno Alpha Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Alpha Co's current Return-on-Tangible-Equity is 0.22%, which is 98% below median its own 10-year median of 10.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Alpha Co stock overvalued right now?
Based on GuruFocus' analysis, Techno Alpha Co (TSE:3089) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,153.93, compared to a current price of 円1,027.00 — trading 11% below its estimated fair value. The current Return-on-Tangible-Equity is 0.22%, which is 98% below median its 10-year median of 10.58 and 95.8% below the Semiconductors industry median of 5.24. Techno Alpha Co's overall GF Score™ is 78/100 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 Techno Alpha Co (TSE:3089), the current Return-on-Tangible-Equity is 0.22% as of May. 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 Techno Alpha Co (TSE:3089) Overvalued in 2026?
Based on GuruFocus' analysis, Techno Alpha Co stock appears to be undervalued.
The current stock price of 円1,027.00 is trading 11% below its estimated GF Value™ of 円1,153.93.
GuruFocus considers Techno Alpha Co to be Modestly Undervalued.
Key valuation signals for TSE:3089:
Return-on-Tangible-Equity: 0.22% (98% below median its 10-year median of 10.58)
GF Value™: 円1,153.93 vs. price of 円1,027.00 (11% below fair value)
Industry Position: 95.8% below the Semiconductors median (#179 of 985)
No single metric tells the full story. See the TSE:3089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techno Alpha Co Ltd is engaged in the import and sale of semiconductor manufacturing equipment, electronic materials, environmental equipment, marine equipment, and other manufacturing and technical services of in-house developed products.
78GF Score
Get the complete analysis for TSE:3089
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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