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Naigai TecTSE:3374 -5.79%77 Return-on-Tangible-Equity is 10.73% as of Mar. 2026, which is 8% above its 10-year median of 9.92. GuruFocus rates TSE:3374 with a GF Score™ of 77/100 and a GF Value™ of 円2,220.29 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,969 Industrial Products companies, Naigai Tec ranks better than 55.24% 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. Naigai Tec's annualized net income for the quarter that ended in Mar. 2026 was 円1,322 Mil. Naigai Tec's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円12,322 Mil. Therefore, Naigai Tec's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.73%.
The historical rank and industry rank for Naigai Tec's Return-on-Tangible-Equity or its related term are showing as below:
TSE:3374'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.99 Med: 9.92 Max: 26.63
Current: 7.97
During the past 13 years, Naigai Tec's highest Return-on-Tangible-Equity was 26.63%. The lowest was 5.99%. And the median was 9.92%.
TSE:3374's Return-on-Tangible-Equity is ranked better than 55.24% of 2969
companies
in the Industrial Products industry
Industry Median: 6.76
vs TSE:3374: 7.97
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.
Naigai Tec Return-on-Tangible-Equity Related Terms
Naigai Tec Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Naigai Tec'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:3374 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Naigai Tec'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.
Naigai Tec Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Naigai Tec's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Naigai Tec'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 10.73% mean?
Naigai Tec (TSE:3374) has a Return-on-Tangible-Equity of 10.73% 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 Naigai Tec and its competitors. This is near median its historical median of 9.92. Over the past decade, Naigai Tec's Return-on-Tangible-Equity has ranged from 5.99 to 26.63. According to the industry distribution chart, Naigai Tec ranks #1329 out of 2969 companies in the Industrial Products industry, placing it in the top 44.8%.
Is Naigai Tec's Return-on-Tangible-Equity too high?
Naigai Tec's current Return-on-Tangible-Equity of 10.73% is near median its 10-year median of 9.92. Over the past 10 years, this metric has ranged from a low of 5.99 to a high of 26.63. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Naigai Tec's value of 10.73% is 58.7% above this industry median. Based on the distribution chart, Naigai Tec ranks #1329 out of 2969 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Naigai Tec has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Naigai Tec's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Naigai Tec ranks #1329 out of 2969 companies for Return-on-Tangible-Equity. This puts Naigai Tec in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.76. Naigai Tec's value of 10.73% is 58.7% above this benchmark. Historically, Naigai Tec's own Return-on-Tangible-Equity has ranged from 5.99 to 26.63 over the past decade. While the company's 10-year median is 9.92 vs. the industry median of 6.76, Naigai Tec 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. Naigai Tec's current Return-on-Tangible-Equity of 10.73% is 58.7% 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 Naigai Tec 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. Naigai Tec's current Return-on-Tangible-Equity is 10.73%, which is near median its own 10-year median of 9.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naigai Tec stock overvalued right now?
Based on GuruFocus' analysis, Naigai Tec (TSE:3374) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,220.29, compared to a current price of 円3,175.00 — trading 43% above its estimated fair value. The current Return-on-Tangible-Equity is 10.73%, which is near median its 10-year median of 9.92 and 58.7% above the Industrial Products industry median of 6.76. Naigai Tec's overall GF Score™ is 77/100 with 3 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 Naigai Tec (TSE:3374), the current Return-on-Tangible-Equity is 10.73% 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 Naigai Tec (TSE:3374) Overvalued in 2026?
Based on GuruFocus' analysis, Naigai Tec stock appears to be overvalued.
The current stock price of 円3,175.00 is trading 43% above its estimated GF Value™ of 円2,220.29.
GuruFocus considers Naigai Tec to be Significantly Overvalued.
Key valuation signals for TSE:3374:
Return-on-Tangible-Equity: 10.73% (near median its 10-year median of 9.92)
GF Value™: 円2,220.29 vs. price of 円3,175.00 (43% above fair value)
Industry Position: 58.7% above the Industrial Products median (#1329 of 2969)
No single metric tells the full story. See the TSE:3374 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Naigai Tec Corp is engaged in electronics parts design, manufacture, logistics, and after-sale service. It sales, purchase, import and export of pneumatic devices, pneumatic application devices, working machines, electric devices, electronic devices, and other tools. It provides its services to Japan, China, and South Korea. The reportable segments include: Sales business and Contract manufacturing business.
77GF Score
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