KOIKENSO KOGYO Co (TSE:6137) Return-on-Tangible-Equity: 13.07% (As of Mar. 2026) — 230% Above Median

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TSE:6137 KOIKE SANSO KOGYO Co Ltd TSE:6137
78 GF Score
Price 円1,456.00
GF Value 円1,275.80
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is KOIKENSO KOGYO Co Return-on-Tangible-Equity?

KOIKENSO KOGYO Co TSE:6137 -2.02% 78 Return-on-Tangible-Equity is 13.07% as of Mar. 2026, which is 230% above its 10-year median of 3.96. GuruFocus rates TSE:6137 with a GF Score™ of 78/100 and a GF Value™ of 円1,275.80 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,969 Industrial Products companies, KOIKENSO KOGYO Co ranks better than 55.44% 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. KOIKENSO KOGYO Co's annualized net income for the quarter that ended in Mar. 2026 was 円5,754 Mil. KOIKENSO KOGYO Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円44,025 Mil. Therefore, KOIKENSO KOGYO Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.07%.

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

TSE:6137' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.21   Med: 3.96   Max: 9.03
Current: 8

During the past 13 years, KOIKENSO KOGYO Co's highest Return-on-Tangible-Equity was 9.03%. The lowest was -0.21%. And the median was 3.96%.

TSE:6137's Return-on-Tangible-Equity is ranked better than
55.44% of 2969 companies
in the Industrial Products industry
Industry Median: 6.76 vs TSE:6137: 8.00

KOIKENSO KOGYO Co  (TSE:6137) 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.


KOIKENSO KOGYO Co Return-on-Tangible-Equity Related Terms


KOIKENSO KOGYO Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for KOIKENSO KOGYO 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.

KOIKENSO KOGYO Co Return-on-Tangible-Equity Chart

KOIKENSO KOGYO Co 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 3.33 6.54 8.57 9.03 7.85

KOIKENSO KOGYO Co 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 9.22 7.90 10.07 2.80 13.07

TSE:6137 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison

For the Specialty Industrial Machinery subindustry, KOIKENSO KOGYO 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.


KOIKENSO KOGYO Co Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, KOIKENSO KOGYO Co's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:6137
78GF Score
KOIKE SANSO KOGYO Co Ltd TSE:6137
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KOIKENSO KOGYO Co Return-on-Tangible-Equity Calculation

KOIKENSO KOGYO Co'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 )
=3461/( (41819+46328 )/ 2 )
=3461/44073.5
=7.85 %

KOIKENSO KOGYO 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: 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 )
=5754/( (41721+46328)/ 2 )
=5754/44024.5
=13.07 %

* 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 13.07% mean?
KOIKENSO KOGYO Co (TSE:6137) has a Return-on-Tangible-Equity of 13.07% 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 KOIKENSO KOGYO Co and its competitors. This is 230% above median its historical median of 3.96. According to the industry distribution chart, KOIKENSO KOGYO Co ranks #1323 out of 2969 companies in the Industrial Products industry, placing it in the top 44.6%.
Is KOIKENSO KOGYO Co's Return-on-Tangible-Equity too high?
KOIKENSO KOGYO Co's current Return-on-Tangible-Equity of 13.07% is 230% above median its 10-year median of 3.96. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. KOIKENSO KOGYO Co's value of 13.07% is 93.3% above this industry median. Based on the distribution chart, KOIKENSO KOGYO Co ranks #1323 out of 2969 companies in the Industrial Products industry, which is above the industry midpoint. Overall, KOIKENSO KOGYO Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KOIKENSO KOGYO Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, KOIKENSO KOGYO Co ranks #1323 out of 2969 companies for Return-on-Tangible-Equity. This puts KOIKENSO KOGYO Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.76. KOIKENSO KOGYO Co's value of 13.07% is 93.3% above this benchmark. While the company's 10-year median is 3.96 vs. the industry median of 6.76, KOIKENSO KOGYO 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 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. KOIKENSO KOGYO Co's current Return-on-Tangible-Equity of 13.07% is 93.3% 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 KOIKENSO KOGYO Co 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. KOIKENSO KOGYO Co's current Return-on-Tangible-Equity is 13.07%, which is 230% above median its own 10-year median of 3.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KOIKENSO KOGYO Co stock overvalued right now?
Based on GuruFocus' analysis, KOIKENSO KOGYO Co (TSE:6137) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,275.80, compared to a current price of 円1,456.00 — trading 14.1% above its estimated fair value. The current Return-on-Tangible-Equity is 13.07%, which is 230% above median its 10-year median of 3.96 and 93.3% above the Industrial Products industry median of 6.76. KOIKENSO KOGYO Co's overall GF Score™ is 78/100 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 KOIKENSO KOGYO Co (TSE:6137), the current Return-on-Tangible-Equity is 13.07% 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 KOIKENSO KOGYO Co (TSE:6137) Overvalued in 2026?

Based on GuruFocus' analysis, KOIKENSO KOGYO Co stock appears to be overvalued. The current stock price of 円1,456.00 is trading 14.1% above its estimated GF Value™ of 円1,275.80. GuruFocus considers KOIKENSO KOGYO Co to be Modestly Overvalued.

Key valuation signals for TSE:6137:

  • Return-on-Tangible-Equity: 13.07% (230% above median its 10-year median of 3.96)
  • GF Value™: 円1,275.80 vs. price of 円1,456.00 (14.1% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 93.3% above the Industrial Products median (#1323 of 2969)

No single metric tells the full story. See the TSE:6137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KOIKENSO KOGYO Co Business Description

Address 1-9-3, Onodai, Midori-ku, Chiba-shi, Chiba, JPN, 267-0056
KOIKE SANSO KOGYO Co Ltd is a Japan-based machine manufacturer. The company is engaged in the manufacturing and sale of processing machines and systems for welding and cutting and related products. The products offered by the company include gas equipment, exhaust gas treatment equipment, cutting and welding machine. The company caters its products and services to shipbuilding, steel bridges, construction machinery, industrial machinery, automobiles, electric products, and semiconductor industries. KOIKE SANSO KOGYO sells its products in Japan and overseas market.
78GF Score

Get the complete analysis for TSE:6137

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

円1,456.00
Price
円1,275.80
GF Value