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Cominix CoTSE:3173 -0.39%72 Return-on-Tangible-Equity is 22.01% as of Mar. 2026, which is 135% above its 10-year median of 9.36. GuruFocus rates TSE:3173 with a GF Score™ of 72/100 and a GF Value™ of 円1,246.27 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,969 Industrial Products companies, Cominix Co ranks better than 71.64% 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. Cominix Co's annualized net income for the quarter that ended in Mar. 2026 was 円1,276 Mil. Cominix Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円5,798 Mil. Therefore, Cominix Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 22.01%.
The historical rank and industry rank for Cominix Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:3173'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.57 Med: 9.36 Max: 15.61
Current: 12.53
During the past 13 years, Cominix Co's highest Return-on-Tangible-Equity was 15.61%. The lowest was 0.57%. And the median was 9.36%.
TSE:3173's Return-on-Tangible-Equity is ranked better than 71.64% of 2969
companies
in the Industrial Products industry
Industry Median: 6.76
vs TSE:3173: 12.53
Cominix Co (TSE:3173) 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.
Cominix Co Return-on-Tangible-Equity Related Terms
Cominix Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Cominix 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:3173 vs SNA, RBC, LECO: Return-on-Tangible-Equity Comparison
For the Tools & Accessories subindustry, Cominix 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.
Cominix Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Cominix Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cominix 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 (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 22.01% mean?
Cominix Co (TSE:3173) has a Return-on-Tangible-Equity of 22.01% 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 Cominix Co and its competitors. This is 135% above median its historical median of 9.36. Over the past decade, Cominix Co's Return-on-Tangible-Equity has ranged from 0.57 to 15.61. According to the industry distribution chart, Cominix Co ranks #842 out of 2969 companies in the Industrial Products industry, placing it in the top 28.4%.
Is Cominix Co's Return-on-Tangible-Equity too high?
Cominix Co's current Return-on-Tangible-Equity of 22.01% is 135% above median its 10-year median of 9.36. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 15.61. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Cominix Co's value of 22.01% is 225.6% above this industry median. Based on the distribution chart, Cominix Co ranks #842 out of 2969 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Cominix Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cominix Co's Return-on-Tangible-Equity compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Cominix Co ranks #842 out of 2969 companies for Return-on-Tangible-Equity. This puts Cominix Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.76. Cominix Co's value of 22.01% is 225.6% above this benchmark. Historically, Cominix Co's own Return-on-Tangible-Equity has ranged from 0.57 to 15.61 over the past decade. While the company's 10-year median is 9.36 vs. the industry median of 6.76, Cominix 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,969 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. Cominix Co's current Return-on-Tangible-Equity of 22.01% is 225.6% 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 Cominix Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cominix Co's current Return-on-Tangible-Equity is 22.01%, which is 135% above median its own 10-year median of 9.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cominix Co stock overvalued right now?
Based on GuruFocus' analysis, Cominix Co (TSE:3173) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,246.27, compared to a current price of 円1,018.00 — trading 18.3% below its estimated fair value. The current Return-on-Tangible-Equity is 22.01%, which is 135% above median its 10-year median of 9.36 and 225.6% above the Industrial Products industry median of 6.76. Cominix Co's overall GF Score™ is 72/100 with 4 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 Cominix Co (TSE:3173), the current Return-on-Tangible-Equity is 22.01% 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 Cominix Co (TSE:3173) Overvalued in 2026?
Based on GuruFocus' analysis, Cominix Co stock appears to be undervalued.
The current stock price of 円1,018.00 is trading 18.3% below its estimated GF Value™ of 円1,246.27.
GuruFocus considers Cominix Co to be Modestly Undervalued.
Key valuation signals for TSE:3173:
Return-on-Tangible-Equity: 22.01% (135% above median its 10-year median of 9.36)
GF Value™: 円1,246.27 vs. price of 円1,018.00 (18.3% below fair value)
Industry Position: 225.6% above the Industrial Products median (#842 of 2969)
No single metric tells the full story. See the TSE:3173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cominix Co Ltd is engaged in the trading and sales of cutting tools, measuring instruments, precision positioning devices, and industrial machinery. Its operations are divided into six reportable segments: the Cutting Tools Business, Wear-resistant Tools Business, Overseas Business, Optical Products Business, e-Commerce Business, and Kamogawa Manufacturing Solutions (KMS) Business. It generates the majority of its revenue from the Cutting Tools Business segment.
72GF Score
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