Miratap (TSE:3187) Return-on-Tangible-Equity: 15.28% (As of Mar. 2026) — 121% Above Median

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TSE:3187 Miratap Inc TSE:3187
49 GF Score
Price 円314.00
GF Value 円391.96
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Miratap Return-on-Tangible-Equity?

Miratap TSE:3187 -2.48% 49 Return-on-Tangible-Equity is 15.28% as of Mar. 2026, which is 121% above its 10-year median of 6.91. GuruFocus rates TSE:3187 with a GF Score™ of 49/100 and a GF Value™ of 円391.96 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,062 Retail - Cyclical companies, Miratap ranks worse than 82.02% 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. Miratap's annualized net income for the quarter that ended in Mar. 2026 was 円423 Mil. Miratap's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円2,770 Mil. Therefore, Miratap's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.28%.

The historical rank and industry rank for Miratap's Return-on-Tangible-Equity or its related term are showing as below:

TSE:3187' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.78   Med: 6.91   Max: 28.51
Current: -4.44

During the past 13 years, Miratap's highest Return-on-Tangible-Equity was 28.51%. The lowest was -14.78%. And the median was 6.91%.

TSE:3187's Return-on-Tangible-Equity is ranked worse than
82.02% of 1062 companies
in the Retail - Cyclical industry
Industry Median: 8.455 vs TSE:3187: -4.44

Miratap  (TSE:3187) 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.


Miratap Return-on-Tangible-Equity Related Terms


Miratap Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Miratap'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.

Miratap Return-on-Tangible-Equity Chart

Miratap Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.87 28.51 19.13 20.00 -14.78

Miratap Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.96 10.91 -6.76 -23.63 15.28

TSE:3187 vs AMZN, BABA, PDD: Return-on-Tangible-Equity Comparison

For the Internet Retail subindustry, Miratap'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.


Miratap Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Miratap's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Miratap's Return-on-Tangible-Equity falls into.


TSE:3187
49GF Score
Miratap Inc TSE:3187
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miratap Return-on-Tangible-Equity Calculation

Miratap's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=-447.885/( (3380.935+2680.8 )/ 2 )
=-447.885/3030.8675
=-14.78 %

Miratap's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=423.416/( (2680.8+2860.043)/ 2 )
=423.416/2770.4215
=15.28 %

* 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 15.28% mean?
Miratap (TSE:3187) has a Return-on-Tangible-Equity of 15.28% 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 Miratap and its competitors. This is 121% above median its historical median of 6.91. According to the industry distribution chart, Miratap ranks #871 out of 1062 companies in the Retail - Cyclical industry, placing it in the top 82%.
Is Miratap's Return-on-Tangible-Equity too high?
Miratap's current Return-on-Tangible-Equity of 15.28% is 121% above median its 10-year median of 6.91. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.46. Miratap's value of 15.28% is 80.7% above this industry median. Based on the distribution chart, Miratap ranks #871 out of 1062 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Miratap has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Miratap's Return-on-Tangible-Equity compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Miratap ranks #871 out of 1062 companies for Return-on-Tangible-Equity. This places Miratap in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.46. Miratap's value of 15.28% is 80.7% above this benchmark. While the company's 10-year median is 6.91 vs. the industry median of 8.46, Miratap 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.46, based on 1,062 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. Miratap's current Return-on-Tangible-Equity of 15.28% is 80.7% 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 Miratap and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miratap's current Return-on-Tangible-Equity is 15.28%, which is 121% above median its own 10-year median of 6.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miratap stock overvalued right now?
Based on GuruFocus' analysis, Miratap (TSE:3187) is currently considered Modestly Undervalued. The stock's GF Value™ is 円391.96, compared to a current price of 円314.00 — trading 19.9% below its estimated fair value. The current Return-on-Tangible-Equity is 15.28%, which is 121% above median its 10-year median of 6.91 and 80.7% above the Retail - Cyclical industry median of 8.46. Miratap's overall GF Score™ is 49/100 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 Miratap (TSE:3187), the current Return-on-Tangible-Equity is 15.28% 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 Miratap (TSE:3187) Overvalued in 2026?

Based on GuruFocus' analysis, Miratap stock appears to be undervalued. The current stock price of 円314.00 is trading 19.9% below its estimated GF Value™ of 円391.96. GuruFocus considers Miratap to be Modestly Undervalued.

Key valuation signals for TSE:3187:

  • Return-on-Tangible-Equity: 15.28% (121% above median its 10-year median of 6.91)
  • GF Value™: 円391.96 vs. price of 円314.00 (19.9% below fair value)
  • GF Score™: 49/100 with 9 warning signs
  • Industry Position: 80.7% above the Retail - Cyclical median (#871 of 1062)

No single metric tells the full story. See the TSE:3187 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miratap Business Description

Address 5-54 Ofukacho, Kita-ku, Osaka, JPN, 541-0041
Miratap Inc is an online retailer that offers housing equipment and building materials. It offers products related to kitchen, bathroom, flooring, interior building materials, exterior building materials, maintenance construction materials, and others. The Company has two reportable segments: the "Housing Equipment and Building Materials E-Commerce Business" and the "Housing Business".
49GF Score

Get the complete analysis for TSE:3187

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円314.00
Price
円391.96
GF Value