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Mie Kotsu Group HoldingsTSE:3232 -1.11%79 Return-on-Tangible-Equity is 0.98% as of Mar. 2026, which is 89% below its 10-year median of 9.03. GuruFocus rates TSE:3232 with a GF Score™ of 79/100 and a GF Value™ of 円592.07 (Fairly Valued). The stock has 2 warning signs investors should review. Among 552 Conglomerates companies, Mie Kotsu Group Holdings ranks better than 57.97% 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. Mie Kotsu Group Holdings's annualized net income for the quarter that ended in Mar. 2026 was 円677 Mil. Mie Kotsu Group Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円69,212 Mil. Therefore, Mie Kotsu Group Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.98%.
The historical rank and industry rank for Mie Kotsu Group Holdings's Return-on-Tangible-Equity or its related term are showing as below:
TSE:3232'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.61 Med: 9.03 Max: 10.11
Current: 9.46
During the past 13 years, Mie Kotsu Group Holdings's highest Return-on-Tangible-Equity was 10.11%. The lowest was -3.61%. And the median was 9.03%.
TSE:3232's Return-on-Tangible-Equity is ranked better than 57.97% of 552
companies
in the Conglomerates industry
Industry Median: 7.465
vs TSE:3232: 9.46
Mie Kotsu Group Holdings (TSE:3232) 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.
Mie Kotsu Group Holdings Return-on-Tangible-Equity Related Terms
Mie Kotsu Group Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mie Kotsu Group Holdings'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.
Mie Kotsu Group Holdings Return-on-Tangible-Equity Chart
TSE:3232 vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Mie Kotsu Group Holdings'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.
Mie Kotsu Group Holdings Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Mie Kotsu Group Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mie Kotsu Group Holdings'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 (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 0.98% mean?
Mie Kotsu Group Holdings (TSE:3232) has a Return-on-Tangible-Equity of 0.98% 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 Mie Kotsu Group Holdings and its competitors. This is 89% below median its historical median of 9.03. According to the industry distribution chart, Mie Kotsu Group Holdings ranks #232 out of 552 companies in the Conglomerates industry, placing it in the top 42%.
Is Mie Kotsu Group Holdings' Return-on-Tangible-Equity too high?
Mie Kotsu Group Holdings' current Return-on-Tangible-Equity of 0.98% is 89% below median its 10-year median of 9.03. The Conglomerates industry median Return-on-Tangible-Equity is 7.47. Mie Kotsu Group Holdings' value of 0.98% is 86.9% below this industry median. Based on the distribution chart, Mie Kotsu Group Holdings ranks #232 out of 552 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Mie Kotsu Group Holdings has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mie Kotsu Group Holdings' Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Mie Kotsu Group Holdings ranks #232 out of 552 companies for Return-on-Tangible-Equity. This puts Mie Kotsu Group Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.47. Mie Kotsu Group Holdings' value of 0.98% is 86.9% below this benchmark. While the company's 10-year median is 9.03 vs. the industry median of 7.47, Mie Kotsu Group Holdings 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.47, based on 552 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. Mie Kotsu Group Holdings's current Return-on-Tangible-Equity of 0.98% is 86.9% 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 Mie Kotsu Group Holdings and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mie Kotsu Group Holdings's current Return-on-Tangible-Equity is 0.98%, which is 89% below median its own 10-year median of 9.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Kotsu Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings (TSE:3232) is currently considered Fairly Valued. The stock's GF Value™ is 円592.07, compared to a current price of 円536.00 — trading 9.5% below its estimated fair value. The current Return-on-Tangible-Equity is 0.98%, which is 89% below median its 10-year median of 9.03 and 86.9% below the Conglomerates industry median of 7.47. Mie Kotsu Group Holdings' overall GF Score™ is 79/100 with 2 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 Mie Kotsu Group Holdings (TSE:3232), the current Return-on-Tangible-Equity is 0.98% 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 Mie Kotsu Group Holdings (TSE:3232) Overvalued in 2026?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings stock appears to be undervalued.
The current stock price of 円536.00 is trading 9.5% below its estimated GF Value™ of 円592.07.
GuruFocus considers Mie Kotsu Group Holdings to be Fairly Valued.
Key valuation signals for TSE:3232:
Return-on-Tangible-Equity: 0.98% (89% below median its 10-year median of 9.03)
GF Value™: 円592.07 vs. price of 円536.00 (9.5% below fair value)
Industry Position: 86.9% below the Conglomerates median (#232 of 552)
No single metric tells the full story. See the TSE:3232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mie Kotsu Group Holdings Inc is a Japan-based company mainly engaged in the provision of transportation services. The company operates through four businesses namely real estate, transportation, distribution and leisure services. Its real estate business is involved in the trading and leasing of real estates. The transportation business offers bus, taxi, railway transportation, and automobile maintenance services. Its distribution business consists of delivering goods and services. The leisure services market operates hotels and golf courses as well as tourism consulting services.
79GF Score
Get the complete analysis for TSE:3232
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