Miyoshi Oil & Fat Co (TSE:4404) Return-on-Tangible-Equity: 4.46% (As of Dec. 2025) — 19% Above Median

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TSE:4404 Miyoshi Oil & Fat Co Ltd TSE:4404
69 GF Score
Price 円1,920.00
GF Value 円1,573.43
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Miyoshi Oil & Fat Co Return-on-Tangible-Equity?

Miyoshi Oil & Fat Co TSE:4404 +0.16% 69 Return-on-Tangible-Equity is 4.46% as of Dec. 2025, which is 19% above its 10-year median of 3.75. GuruFocus rates TSE:4404 with a GF Score™ of 69/100 and a GF Value™ of 円1,573.43 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,880 Consumer Packaged Goods companies, Miyoshi Oil & Fat Co ranks better than 85.59% 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. Miyoshi Oil & Fat Co's annualized net income for the quarter that ended in Dec. 2025 was 円1,752 Mil. Miyoshi Oil & Fat Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円39,270 Mil. Therefore, Miyoshi Oil & Fat Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 4.46%.

The historical rank and industry rank for Miyoshi Oil & Fat Co's Return-on-Tangible-Equity or its related term are showing as below:

TSE:4404' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.1   Med: 3.75   Max: 27.36
Current: 26.72

During the past 13 years, Miyoshi Oil & Fat Co's highest Return-on-Tangible-Equity was 27.36%. The lowest was -1.10%. And the median was 3.75%.

TSE:4404's Return-on-Tangible-Equity is ranked better than
85.59% of 1880 companies
in the Consumer Packaged Goods industry
Industry Median: 7.845 vs TSE:4404: 26.72

Miyoshi Oil & Fat Co  (TSE:4404) 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.


Miyoshi Oil & Fat Co Return-on-Tangible-Equity Related Terms


Miyoshi Oil & Fat Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Miyoshi Oil & Fat 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.

Miyoshi Oil & Fat Co Return-on-Tangible-Equity Chart

Miyoshi Oil & Fat Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.78 -1.10 8.10 9.94 27.36

Miyoshi Oil & Fat Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 11.43 17.02 2.84 52.07 4.46

TSE:4404 vs KHC, GIS: Return-on-Tangible-Equity Comparison

For the Packaged Foods subindustry, Miyoshi Oil & Fat 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.


Miyoshi Oil & Fat Co Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Miyoshi Oil & Fat Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Miyoshi Oil & Fat Co's Return-on-Tangible-Equity falls into.


TSE:4404
69GF Score
Miyoshi Oil & Fat Co Ltd TSE:4404
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miyoshi Oil & Fat Co Return-on-Tangible-Equity Calculation

Miyoshi Oil & Fat Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=9616/( (29444+40842 )/ 2 )
=9616/35143
=27.36 %

Miyoshi Oil & Fat Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=1752/( (37697+40842)/ 2 )
=1752/39269.5
=4.46 %

* 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 (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 4.46% mean?
Miyoshi Oil & Fat Co (TSE:4404) has a Return-on-Tangible-Equity of 4.46% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Miyoshi Oil & Fat Co and its competitors. This is 19% above median its historical median of 3.75. According to the industry distribution chart, Miyoshi Oil & Fat Co ranks #271 out of 1880 companies in the Consumer Packaged Goods industry, placing it in the top 14.4%.
Is Miyoshi Oil & Fat Co's Return-on-Tangible-Equity too high?
Miyoshi Oil & Fat Co's current Return-on-Tangible-Equity of 4.46% is 19% above median its 10-year median of 3.75. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.85. Miyoshi Oil & Fat Co's value of 4.46% is 43.1% below this industry median. Based on the distribution chart, Miyoshi Oil & Fat Co ranks #271 out of 1880 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Miyoshi Oil & Fat Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miyoshi Oil & Fat Co's Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Miyoshi Oil & Fat Co ranks #271 out of 1880 companies for Return-on-Tangible-Equity. This places Miyoshi Oil & Fat Co in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.85. Miyoshi Oil & Fat Co's value of 4.46% is 43.1% below this benchmark. While the company's 10-year median is 3.75 vs. the industry median of 7.85, Miyoshi Oil & Fat Co 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.85, based on 1,880 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. Miyoshi Oil & Fat Co's current Return-on-Tangible-Equity of 4.46% is 43.1% 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 Miyoshi Oil & Fat Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miyoshi Oil & Fat Co's current Return-on-Tangible-Equity is 4.46%, which is 19% above median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miyoshi Oil & Fat Co stock overvalued right now?
Based on GuruFocus' analysis, Miyoshi Oil & Fat Co (TSE:4404) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,573.43, compared to a current price of 円1,920.00 — trading 22% above its estimated fair value. The current Return-on-Tangible-Equity is 4.46%, which is 19% above median its 10-year median of 3.75 and 43.1% below the Consumer Packaged Goods industry median of 7.85. Miyoshi Oil & Fat Co's overall GF Score™ is 69/100 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 Miyoshi Oil & Fat Co (TSE:4404), the current Return-on-Tangible-Equity is 4.46% as of Dec. 2025. 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 Miyoshi Oil & Fat Co (TSE:4404) Overvalued in 2026?

Based on GuruFocus' analysis, Miyoshi Oil & Fat Co stock appears to be overvalued. The current stock price of 円1,920.00 is trading 22% above its estimated GF Value™ of 円1,573.43. GuruFocus considers Miyoshi Oil & Fat Co to be Modestly Overvalued.

Key valuation signals for TSE:4404:

  • Return-on-Tangible-Equity: 4.46% (19% above median its 10-year median of 3.75)
  • GF Value™: 円1,573.43 vs. price of 円1,920.00 (22% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 43.1% below the Consumer Packaged Goods median (#271 of 1880)

No single metric tells the full story. See the TSE:4404 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miyoshi Oil & Fat Co Business Description

Address 66-1 Horikiri 4-chome, Katsushika-ku, Tokyo, JPN
Miyoshi Oil & Fat Co Ltd is engaged in the manufacture and sale of margarine, shortenings, lard, whipped cream, and powdered and other edible processed fats and oils. The company has two reportable segments: Food Business and Oil and Chemical Business. Food Business includes margarine, shortening, lard, powdered oils and fats, whipped cream, and other edible processed oils and fats. The oil and chemical business includes fatty acids, glycerin, industrial soap, other industrial oils and fats, textile treatment agents, defoamers, cosmetic raw materials, Heavy metal collectors, heavy metal fixers, and other various surfactants.
69GF Score

Get the complete analysis for TSE:4404

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

円1,920.00
Price
円1,573.43
GF Value