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Marumae CoTSE:6264 -4.43%84 Return-on-Tangible-Equity is 79.08% as of Feb. 2026, which is 336% above its 10-year median of 18.15. GuruFocus rates TSE:6264 with a GF Score™ of 84/100 and a GF Value™ of 円2,255.73 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,969 Industrial Products companies, Marumae Co ranks better than 94.51% 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. Marumae Co's annualized net income for the quarter that ended in Feb. 2026 was 円3,342 Mil. Marumae Co's average shareholder tangible equity for the quarter that ended in Feb. 2026 was 円4,226 Mil. Therefore, Marumae Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 79.08%.
The historical rank and industry rank for Marumae Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6264'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.27 Med: 18.15 Max: 44.24
Current: 44.24
During the past 13 years, Marumae Co's highest Return-on-Tangible-Equity was 44.24%. The lowest was 0.27%. And the median was 18.15%.
TSE:6264's Return-on-Tangible-Equity is ranked better than 94.51% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs TSE:6264: 44.24
Marumae Co (TSE:6264) 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.
Marumae Co Return-on-Tangible-Equity Related Terms
Marumae Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Marumae 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:6264 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Marumae 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.
Marumae Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Marumae Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Marumae 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 two times the semi-annual (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 79.08% mean?
Marumae Co (TSE:6264) has a Return-on-Tangible-Equity of 79.08% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Marumae Co and its competitors. This is 336% above median its historical median of 18.15. Over the past decade, Marumae Co's Return-on-Tangible-Equity has ranged from 0.27 to 44.24. According to the industry distribution chart, Marumae Co ranks #163 out of 2969 companies in the Industrial Products industry, placing it in the top 5.5%.
Is Marumae Co's Return-on-Tangible-Equity too high?
Marumae Co's current Return-on-Tangible-Equity of 79.08% is 336% above median its 10-year median of 18.15. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 44.24. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Marumae Co's value of 79.08% is 1076.8% above this industry median. Based on the distribution chart, Marumae Co ranks #163 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Marumae Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marumae Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Marumae Co ranks #163 out of 2969 companies for Return-on-Tangible-Equity. This places Marumae Co in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Marumae Co's value of 79.08% is 1076.8% above this benchmark. Historically, Marumae Co's own Return-on-Tangible-Equity has ranged from 0.27 to 44.24 over the past decade. While the company's 10-year median is 18.15 vs. the industry median of 6.72, Marumae 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 6.72, 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. Marumae Co's current Return-on-Tangible-Equity of 79.08% is 1076.8% 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 Marumae Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marumae Co's current Return-on-Tangible-Equity is 79.08%, which is 336% above median its own 10-year median of 18.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marumae Co stock overvalued right now?
Based on GuruFocus' analysis, Marumae Co (TSE:6264) is currently considered Fairly Valued. The stock's GF Value™ is 円2,255.73, compared to a current price of 円2,091.00 — trading 7.3% below its estimated fair value. The current Return-on-Tangible-Equity is 79.08%, which is 336% above median its 10-year median of 18.15 and 1076.8% above the Industrial Products industry median of 6.72. Marumae Co's overall GF Score™ is 84/100 with 7 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 Marumae Co (TSE:6264), the current Return-on-Tangible-Equity is 79.08% as of Feb. 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 Marumae Co (TSE:6264) Overvalued in 2026?
Based on GuruFocus' analysis, Marumae Co stock appears to be undervalued.
The current stock price of 円2,091.00 is trading 7.3% below its estimated GF Value™ of 円2,255.73.
GuruFocus considers Marumae Co to be Fairly Valued.
Key valuation signals for TSE:6264:
Return-on-Tangible-Equity: 79.08% (336% above median its 10-year median of 18.15)
GF Value™: 円2,255.73 vs. price of 円2,091.00 (7.3% below fair value)
Industry Position: 1076.8% above the Industrial Products median (#163 of 2969)
No single metric tells the full story. See the TSE:6264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marumae Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the designing, manufacturing, and processing of precision machinery and precision equipment. It offers liquid crystal manufacturing and semiconductor manufacturing equipment, industrial and medical machinery and equipment. It is also engaged in the development and sale of software, real estate leasing, and transportation business.
84GF Score
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