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MBK CoTSE:3121 +1.35%59 Return-on-Tangible-Equity is 1.32% as of Apr. 2026, which is 8% above its 10-year median of 1.22. GuruFocus rates TSE:3121 with a GF Score™ of 59/100 and a GF Value™ of 円218.92 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,589 Asset Management companies, MBK Co ranks worse than 79.8% 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. MBK Co's annualized net income for the quarter that ended in Apr. 2026 was 円60 Mil. MBK Co's average shareholder tangible equity for the quarter that ended in Apr. 2026 was 円4,556 Mil. Therefore, MBK Co's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 1.32%.
The historical rank and industry rank for MBK Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:3121'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.51 Med: 1.22 Max: 8.9
Current: -1.25
During the past 13 years, MBK Co's highest Return-on-Tangible-Equity was 8.90%. The lowest was -4.51%. And the median was 1.22%.
TSE:3121's Return-on-Tangible-Equity is ranked worse than 79.8% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs TSE:3121: -1.25
MBK Co (TSE:3121) 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.
MBK Co Return-on-Tangible-Equity Related Terms
MBK Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for MBK 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:3121 vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, MBK 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.
MBK Co Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, MBK Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MBK 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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.32% mean?
MBK Co (TSE:3121) has a Return-on-Tangible-Equity of 1.32% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on MBK Co and its competitors. This is near median its historical median of 1.22. According to the industry distribution chart, MBK Co ranks #1268 out of 1589 companies in the Asset Management industry, placing it in the top 79.8%.
Is MBK Co's Return-on-Tangible-Equity too high?
MBK Co's current Return-on-Tangible-Equity of 1.32% is near median its 10-year median of 1.22. The Asset Management industry median Return-on-Tangible-Equity is 7.21. MBK Co's value of 1.32% is 81.7% below this industry median. Based on the distribution chart, MBK Co ranks #1268 out of 1589 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, MBK Co has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MBK Co's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, MBK Co ranks #1268 out of 1589 companies for Return-on-Tangible-Equity. This places MBK Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. MBK Co's value of 1.32% is 81.7% below this benchmark. While the company's 10-year median is 1.22 vs. the industry median of 7.21, MBK 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 an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 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. MBK Co's current Return-on-Tangible-Equity of 1.32% is 81.7% 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 MBK Co and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBK Co's current Return-on-Tangible-Equity is 1.32%, which is near median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBK Co stock overvalued right now?
Based on GuruFocus' analysis, MBK Co (TSE:3121) is currently considered Fairly Valued. The stock's GF Value™ is 円218.92, compared to a current price of 円226.00 — trading 3.2% above its estimated fair value. The current Return-on-Tangible-Equity is 1.32%, which is near median its 10-year median of 1.22 and 81.7% below the Asset Management industry median of 7.21. MBK Co's overall GF Score™ is 59/100 with 9 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 MBK Co (TSE:3121), the current Return-on-Tangible-Equity is 1.32% as of Apr. 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 MBK Co (TSE:3121) Overvalued in 2026?
Based on GuruFocus' analysis, MBK Co stock appears to be overvalued.
The current stock price of 円226.00 is trading 3.2% above its estimated GF Value™ of 円218.92.
GuruFocus considers MBK Co to be Fairly Valued.
Key valuation signals for TSE:3121:
Return-on-Tangible-Equity: 1.32% (near median its 10-year median of 1.22)
GF Value™: 円218.92 vs. price of 円226.00 (3.2% above fair value)
Industry Position: 81.7% below the Asset Management median (#1268 of 1589)
No single metric tells the full story. See the TSE:3121 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MBK Co Ltd provides investment advice to business and domestic companies to invest in real estate, fund management and advisory services, and operates hotels and sports facilities. The company's division includes the Merchant Banking Business and Operation Business. The company generates the majority of its revenue from the Merchant Banking Business.
59GF Score
Get the complete analysis for TSE:3121
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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