Hi-Crates Co (TSE:4172) Return-on-Tangible-Equity: 13.96% (As of Mar. 2026) — 31% Above Median

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TSE:4172 Hi-Crates Co Ltd TSE:4172
69 GF Score
Price 円2,175.00
GF Value 円2,329.28
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Hi-Crates Co Return-on-Tangible-Equity?

Hi-Crates Co TSE:4172 -1.14% 69 Return-on-Tangible-Equity is 13.96% as of Mar. 2026, which is 31% above its 10-year median of 10.67. GuruFocus rates TSE:4172 with a GF Score™ of 69/100 and a GF Value™ of 円2,329.28 (Fairly Valued). The stock has 1 warning sign investors should review. Among 576 Healthcare Providers & Services companies, Hi-Crates Co ranks better than 52.08% 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. Hi-Crates Co's annualized net income for the quarter that ended in Mar. 2026 was 円580 Mil. Hi-Crates Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円4,156 Mil. Therefore, Hi-Crates Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.96%.

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

TSE:4172' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.45   Med: 10.67   Max: 13.58
Current: 11.19

During the past 8 years, Hi-Crates Co's highest Return-on-Tangible-Equity was 13.58%. The lowest was 7.45%. And the median was 10.67%.

TSE:4172's Return-on-Tangible-Equity is ranked better than
52.08% of 576 companies
in the Healthcare Providers & Services industry
Industry Median: 10.17 vs TSE:4172: 11.19

Hi-Crates Co  (TSE:4172) 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.


Hi-Crates Co Return-on-Tangible-Equity Related Terms


Hi-Crates Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Hi-Crates 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.

Hi-Crates Co Return-on-Tangible-Equity Chart

Hi-Crates Co Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 12.41 9.18 7.45 11.16 11.55

Hi-Crates Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 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 0.00 6.46 10.82 13.41 13.96

TSE:4172 vs VEEV, BTSG, TEM: Return-on-Tangible-Equity Comparison

For the Health Information Services subindustry, Hi-Crates 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.


Hi-Crates Co Return-on-Tangible-Equity vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hi-Crates Co's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:4172
69GF Score
Hi-Crates Co Ltd TSE:4172
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hi-Crates Co Return-on-Tangible-Equity Calculation

Hi-Crates Co'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 )
=448.093/( (3724.842+4034.254 )/ 2 )
=448.093/3879.548
=11.55 %

Hi-Crates Co'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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=580.304/( (4082.626+4230.231)/ 2 )
=580.304/4156.4285
=13.96 %

* 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 13.96% mean?
Hi-Crates Co (TSE:4172) has a Return-on-Tangible-Equity of 13.96% 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 Hi-Crates Co and its competitors. This is 31% above median its historical median of 10.67. Over the past decade, Hi-Crates Co's Return-on-Tangible-Equity has ranged from 7.45 to 13.58. According to the industry distribution chart, Hi-Crates Co ranks #276 out of 576 companies in the Healthcare Providers & Services industry, placing it in the top 47.9%.
Is Hi-Crates Co's Return-on-Tangible-Equity too high?
Hi-Crates Co's current Return-on-Tangible-Equity of 13.96% is 31% above median its 10-year median of 10.67. Over the past 10 years, this metric has ranged from a low of 7.45 to a high of 13.58. The Healthcare Providers & Services industry median Return-on-Tangible-Equity is 10.17. Hi-Crates Co's value of 13.96% is 37.3% above this industry median. Based on the distribution chart, Hi-Crates Co ranks #276 out of 576 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Hi-Crates Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hi-Crates Co's Return-on-Tangible-Equity compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Hi-Crates Co ranks #276 out of 576 companies for Return-on-Tangible-Equity. This puts Hi-Crates Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.17. Hi-Crates Co's value of 13.96% is 37.3% above this benchmark. Historically, Hi-Crates Co's own Return-on-Tangible-Equity has ranged from 7.45 to 13.58 over the past decade. While the company's 10-year median is 10.67 vs. the industry median of 10.17, Hi-Crates 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 a Healthcare Providers & Services company?
The median Return-on-Tangible-Equity among Healthcare Providers & Services companies is 10.17, based on 576 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. Hi-Crates Co's current Return-on-Tangible-Equity of 13.96% is 37.3% 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 Hi-Crates Co and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Equity is 10.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi-Crates Co's current Return-on-Tangible-Equity is 13.96%, which is 31% above median its own 10-year median of 10.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Crates Co stock overvalued right now?
Based on GuruFocus' analysis, Hi-Crates Co (TSE:4172) is currently considered Fairly Valued. The stock's GF Value™ is 円2,329.28, compared to a current price of 円2,175.00 — trading 6.6% below its estimated fair value. The current Return-on-Tangible-Equity is 13.96%, which is 31% above median its 10-year median of 10.67 and 37.3% above the Healthcare Providers & Services industry median of 10.17. Hi-Crates Co's overall GF Score™ is 69/100 with 1 warning sign 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 Hi-Crates Co (TSE:4172), the current Return-on-Tangible-Equity is 13.96% 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 Hi-Crates Co (TSE:4172) Overvalued in 2026?

Based on GuruFocus' analysis, Hi-Crates Co stock appears to be undervalued. The current stock price of 円2,175.00 is trading 6.6% below its estimated GF Value™ of 円2,329.28. GuruFocus considers Hi-Crates Co to be Fairly Valued.

Key valuation signals for TSE:4172:

  • Return-on-Tangible-Equity: 13.96% (31% above median its 10-year median of 10.67)
  • GF Value™: 円2,329.28 vs. price of 円2,175.00 (6.6% below fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 37.3% above the Healthcare Providers & Services median (#276 of 576)

No single metric tells the full story. See the TSE:4172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hi-Crates Co Business Description

Address 3-12-33 Noda, Kita-ku, Okayama, JPN, 700-0971
Hi-Crates Co Ltd formerly, Towa Hi System Co Ltd is involved in the Research and development, sales, and support for integrated dental electronic medical record systems. Research and development, sales and support for iPad and web apps. which includes AI/voice electronic medical record integrated system, Visual examination and periodontal examination system, Interview System, Self-pay estimated system, Image management system etc.
69GF Score

Get the complete analysis for TSE:4172

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

円2,175.00
Price
円2,329.28
GF Value