Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Optorun CoTSE:6235 -7.29%77 Return-on-Tangible-Equity is 6.45% as of Dec. 2025, which is 56% below its 10-year median of 14.75. GuruFocus rates TSE:6235 with a GF Score™ of 77/100 and a GF Value™ of 円2,160.05 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,969 Industrial Products companies, Optorun Co ranks worse than 63.46% 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. Optorun Co's annualized net income for the quarter that ended in Dec. 2025 was 円3,580 Mil. Optorun Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円55,466 Mil. Therefore, Optorun Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 6.45%.
The historical rank and industry rank for Optorun Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6235'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.45 Med: 14.75 Max: 30.68
Current: 3.45
During the past 11 years, Optorun Co's highest Return-on-Tangible-Equity was 30.68%. The lowest was 3.45%. And the median was 14.75%.
TSE:6235's Return-on-Tangible-Equity is ranked worse than 63.46% of 2969
companies
in the Industrial Products industry
Industry Median: 6.76
vs TSE:6235: 3.45
Optorun Co (TSE:6235) 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.
Optorun Co Return-on-Tangible-Equity Related Terms
Optorun Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Optorun 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.
TSE:6235 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Optorun 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.
Optorun Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Optorun Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Optorun Co'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 four times the quarterly (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 6.45% mean?
Optorun Co (TSE:6235) has a Return-on-Tangible-Equity of 6.45% 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 Optorun Co and its competitors. This is 56% below median its historical median of 14.75. Over the past decade, Optorun Co's Return-on-Tangible-Equity has ranged from 3.45 to 30.68. According to the industry distribution chart, Optorun Co ranks #1884 out of 2969 companies in the Industrial Products industry, placing it in the top 63.5%.
Is Optorun Co's Return-on-Tangible-Equity too high?
Optorun Co's current Return-on-Tangible-Equity of 6.45% is 56% below median its 10-year median of 14.75. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 30.68. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Optorun Co's value of 6.45% is 4.6% below this industry median. Based on the distribution chart, Optorun Co ranks #1884 out of 2969 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Optorun Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Optorun Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Optorun Co ranks #1884 out of 2969 companies for Return-on-Tangible-Equity. This places Optorun Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.76. Optorun Co's value of 6.45% is 4.6% below this benchmark. Historically, Optorun Co's own Return-on-Tangible-Equity has ranged from 3.45 to 30.68 over the past decade. While the company's 10-year median is 14.75 vs. the industry median of 6.76, Optorun 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 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. Optorun Co's current Return-on-Tangible-Equity of 6.45% is 4.6% 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 Optorun 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. Optorun Co's current Return-on-Tangible-Equity is 6.45%, which is 56% below median its own 10-year median of 14.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optorun Co stock overvalued right now?
Based on GuruFocus' analysis, Optorun Co (TSE:6235) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,160.05, compared to a current price of 円3,115.00 — trading 44.2% above its estimated fair value. The current Return-on-Tangible-Equity is 6.45%, which is 56% below median its 10-year median of 14.75 and 4.6% below the Industrial Products industry median of 6.76. Optorun Co's overall GF Score™ is 77/100 with 4 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 Optorun Co (TSE:6235), the current Return-on-Tangible-Equity is 6.45% 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 Optorun Co (TSE:6235) Overvalued in 2026?
Based on GuruFocus' analysis, Optorun Co stock appears to be overvalued.
The current stock price of 円3,115.00 is trading 44.2% above its estimated GF Value™ of 円2,160.05.
GuruFocus considers Optorun Co to be Significantly Overvalued.
Key valuation signals for TSE:6235:
Return-on-Tangible-Equity: 6.45% (56% below median its 10-year median of 14.75)
GF Value™: 円2,160.05 vs. price of 円3,115.00 (44.2% above fair value)
Industry Position: 4.6% below the Industrial Products median (#1884 of 2969)
No single metric tells the full story. See the TSE:6235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Optorun Co Ltd is engaged in manufacturing, distribution and import/export of vacuum coating machines, peripheral equipment, and units using vacuum coating products. Precise control and physical vapor deposition (PVD) speed stabilization, are the pillars of thin film manufacturing technology. It uses such technology for the performance of RF ion sources, optical film thickness monitors, and sensor units. The company utilizes vacuum deposition equipment in the antireflection coating and hard coating for mobile phones, heat transmission mirrors are used in medical lighting, DVD pickup lenses, and other products.
77GF Score
Get the complete analysis for TSE:6235
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:6235 has been successfully added to your 
