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AzearthTSE:3161 -0.45%66 Return-on-Tangible-Equity is 4.11% as of Apr. 2026, which is 13% above its 10-year median of 3.63. GuruFocus rates TSE:3161 with a GF Score™ of 66/100 and a GF Value™ of 円655.07 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Azearth ranks worse than 60.91% 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. Azearth's annualized net income for the quarter that ended in Apr. 2026 was 円267 Mil. Azearth's average shareholder tangible equity for the quarter that ended in Apr. 2026 was 円6,492 Mil. Therefore, Azearth's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 4.11%.
The historical rank and industry rank for Azearth's Return-on-Tangible-Equity or its related term are showing as below:
TSE:3161'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.11 Med: 3.63 Max: 10.72
Current: 2.13
During the past 13 years, Azearth's highest Return-on-Tangible-Equity was 10.72%. The lowest was 2.11%. And the median was 3.63%.
TSE:3161's Return-on-Tangible-Equity is ranked worse than 60.91% of 1013
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs TSE:3161: 2.13
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.
Azearth Return-on-Tangible-Equity Related Terms
Azearth Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Azearth'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.
For the Textile Manufacturing subindustry, Azearth'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.
Azearth Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Azearth's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Azearth'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 4.11% mean?
Azearth (TSE:3161) has a Return-on-Tangible-Equity of 4.11% 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 Azearth and its competitors. This is 13% above median its historical median of 3.63. Over the past decade, Azearth's Return-on-Tangible-Equity has ranged from 2.11 to 10.72. According to the industry distribution chart, Azearth ranks #617 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 60.9%.
Is Azearth's Return-on-Tangible-Equity too high?
Azearth's current Return-on-Tangible-Equity of 4.11% is 13% above median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 10.72. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Azearth's value of 4.11% is 7.2% below this industry median. Based on the distribution chart, Azearth ranks #617 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Azearth has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Azearth's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Azearth ranks #617 out of 1013 companies for Return-on-Tangible-Equity. This places Azearth in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Azearth's value of 4.11% is 7.2% below this benchmark. Historically, Azearth's own Return-on-Tangible-Equity has ranged from 2.11 to 10.72 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 4.43, Azearth 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,013 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. Azearth's current Return-on-Tangible-Equity of 4.11% is 7.2% 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 Azearth and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azearth's current Return-on-Tangible-Equity is 4.11%, which is 13% above median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azearth stock overvalued right now?
Based on GuruFocus' analysis, Azearth (TSE:3161) is currently considered Fairly Valued. The stock's GF Value™ is 円655.07, compared to a current price of 円661.00 — trading 0.9% above its estimated fair value. The current Return-on-Tangible-Equity is 4.11%, which is 13% above median its 10-year median of 3.63 and 7.2% below the Manufacturing - Apparel & Accessories industry median of 4.43. Azearth's overall GF Score™ is 66/100 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 Azearth (TSE:3161), the current Return-on-Tangible-Equity is 4.11% 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 Azearth (TSE:3161) Overvalued in 2026?
Based on GuruFocus' analysis, Azearth stock appears to be overvalued.
The current stock price of 円661.00 is trading 0.9% above its estimated GF Value™ of 円655.07.
GuruFocus considers Azearth to be Fairly Valued.
Key valuation signals for TSE:3161:
Return-on-Tangible-Equity: 4.11% (13% above median its 10-year median of 3.63)
GF Value™: 円655.07 vs. price of 円661.00 (0.9% above fair value)
Industry Position: 7.2% below the Manufacturing - Apparel & Accessories median (#617 of 1013)
No single metric tells the full story. See the TSE:3161 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Azearth Corp is a Japan-based company engaged in the manufacture and sale of protective wear, healthcare products, and life material products. It operates through three reportable segments: Protective Clothing & Environmental Equipment, Healthcare Products, and Life Materials. The Protective Clothing & Environmental Equipment segment includes chemical protective suits, industrial safety clothing, and related equipment. The Healthcare Products segment focuses on nonwoven fabric items such as masks and gowns used in medical settings. The Life Materials segment handles apparel materials like pile fabrics and offers a range of bedding products, including pillows and mattresses.
66GF Score
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