Fuso Pharmaceutical Industries (TSE:4538) Return-on-Tangible-Equity: 7.12% (As of Mar. 2026) — 106% Above Median

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TSE:4538 Fuso Pharmaceutical Industries Ltd TSE:4538
51 GF Score
Price 円2,194.00
GF Value 円2,556.06
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Fuso Pharmaceutical Industries Return-on-Tangible-Equity?

Fuso Pharmaceutical Industries TSE:4538 +1.06% 51 Return-on-Tangible-Equity is 7.12% as of Mar. 2026, which is 106% above its 10-year median of 3.46. GuruFocus rates TSE:4538 with a GF Score™ of 51/100 and a GF Value™ of 円2,556.06 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 901 Drug Manufacturers companies, Fuso Pharmaceutical Industries ranks worse than 55.16% 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. Fuso Pharmaceutical Industries's annualized net income for the quarter that ended in Mar. 2026 was 円2,360 Mil. Fuso Pharmaceutical Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円33,132 Mil. Therefore, Fuso Pharmaceutical Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.12%.

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

TSE:4538' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.73   Med: 3.46   Max: 6.17
Current: 6.17

During the past 13 years, Fuso Pharmaceutical Industries's highest Return-on-Tangible-Equity was 6.17%. The lowest was -9.73%. And the median was 3.46%.

TSE:4538's Return-on-Tangible-Equity is ranked worse than
55.16% of 901 companies
in the Drug Manufacturers industry
Industry Median: 7.9 vs TSE:4538: 6.17

Fuso Pharmaceutical Industries  (TSE:4538) 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.


Fuso Pharmaceutical Industries Return-on-Tangible-Equity Related Terms


Fuso Pharmaceutical Industries Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Fuso Pharmaceutical Industries'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.

Fuso Pharmaceutical Industries Return-on-Tangible-Equity Chart

Fuso Pharmaceutical Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.40 4.63 3.86 -9.73 6.17

Fuso Pharmaceutical Industries 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 3.69 8.41 -28.16 5.19 7.12

TSE:4538 vs ZTS, UTHR: Return-on-Tangible-Equity Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Fuso Pharmaceutical Industries'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.


Fuso Pharmaceutical Industries Return-on-Tangible-Equity vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Fuso Pharmaceutical Industries's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:4538
51GF Score
Fuso Pharmaceutical Industries Ltd TSE:4538
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuso Pharmaceutical Industries Return-on-Tangible-Equity Calculation

Fuso Pharmaceutical Industries's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=2011/( (31529+33705 )/ 2 )
=2011/32617
=6.17 %

Fuso Pharmaceutical Industries'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 )
=2360/( (32559+33705)/ 2 )
=2360/33132
=7.12 %

* 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 7.12% mean?
Fuso Pharmaceutical Industries (TSE:4538) has a Return-on-Tangible-Equity of 7.12% 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 Fuso Pharmaceutical Industries and its competitors. This is 106% above median its historical median of 3.46. According to the industry distribution chart, Fuso Pharmaceutical Industries ranks #497 out of 901 companies in the Drug Manufacturers industry, placing it in the top 55.2%.
Is Fuso Pharmaceutical Industries' Return-on-Tangible-Equity too high?
Fuso Pharmaceutical Industries' current Return-on-Tangible-Equity of 7.12% is 106% above median its 10-year median of 3.46. The Drug Manufacturers industry median Return-on-Tangible-Equity is 7.90. Fuso Pharmaceutical Industries' value of 7.12% is 9.9% below this industry median. Based on the distribution chart, Fuso Pharmaceutical Industries ranks #497 out of 901 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Fuso Pharmaceutical Industries has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fuso Pharmaceutical Industries' Return-on-Tangible-Equity compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Fuso Pharmaceutical Industries ranks #497 out of 901 companies for Return-on-Tangible-Equity. This places Fuso Pharmaceutical Industries in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.90. Fuso Pharmaceutical Industries' value of 7.12% is 9.9% below this benchmark. While the company's 10-year median is 3.46 vs. the industry median of 7.90, Fuso Pharmaceutical Industries 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 Drug Manufacturers company?
The median Return-on-Tangible-Equity among Drug Manufacturers companies is 7.90, based on 901 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. Fuso Pharmaceutical Industries's current Return-on-Tangible-Equity of 7.12% is 9.9% 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 Fuso Pharmaceutical Industries and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Equity is 7.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuso Pharmaceutical Industries's current Return-on-Tangible-Equity is 7.12%, which is 106% above median its own 10-year median of 3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuso Pharmaceutical Industries stock overvalued right now?
Based on GuruFocus' analysis, Fuso Pharmaceutical Industries (TSE:4538) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,556.06, compared to a current price of 円2,194.00 — trading 14.2% below its estimated fair value. The current Return-on-Tangible-Equity is 7.12%, which is 106% above median its 10-year median of 3.46 and 9.9% below the Drug Manufacturers industry median of 7.90. Fuso Pharmaceutical Industries' overall GF Score™ is 51/100 with 5 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 Fuso Pharmaceutical Industries (TSE:4538), the current Return-on-Tangible-Equity is 7.12% 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 Fuso Pharmaceutical Industries (TSE:4538) Overvalued in 2026?

Based on GuruFocus' analysis, Fuso Pharmaceutical Industries stock appears to be undervalued. The current stock price of 円2,194.00 is trading 14.2% below its estimated GF Value™ of 円2,556.06. GuruFocus considers Fuso Pharmaceutical Industries to be Modestly Undervalued.

Key valuation signals for TSE:4538:

  • Return-on-Tangible-Equity: 7.12% (106% above median its 10-year median of 3.46)
  • GF Value™: 円2,556.06 vs. price of 円2,194.00 (14.2% below fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 9.9% below the Drug Manufacturers median (#497 of 901)

No single metric tells the full story. See the TSE:4538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuso Pharmaceutical Industries Business Description

Address No. 10, No. 7-chome Doshomachi, Chuo-ku, OsaKa, JPN, 541-0045
Fuso Pharmaceutical Industries Ltd. is engaged in the manufacture and sale of pharmaceuticals and medical equipment. The company's main products are transfusion fluid and artificial kidney dialysis fluid. Company also includes real estate segment.
51GF Score

Get the complete analysis for TSE:4538

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

円2,194.00
Price
円2,556.06
GF Value