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. Nissei Plastic Industrial Co's annualized net income for the quarter that ended in Sep. 2025 was 円-1,648 Mil. Nissei Plastic Industrial Co's average shareholder tangible equity for the quarter that ended in Sep. 2025 was 円39,948 Mil. Therefore, Nissei Plastic Industrial Co's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was -4.13%.
The historical rank and industry rank for Nissei Plastic Industrial Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6293'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.97 Med: 4.84 Max: 8.71
Current: -1.97
During the past 13 years, Nissei Plastic Industrial Co's highest Return-on-Tangible-Equity was 8.71%. The lowest was -1.97%. And the median was 4.84%.
TSE:6293's Return-on-Tangible-Equity is not ranked
in the Industrial Products industry.
Industry Median: 6.72
vs TSE:6293: -1.97
Nissei Plastic Industrial Co (TSE:6293) 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.
Nissei Plastic Industrial Co Return-on-Tangible-Equity Related Terms
Nissei Plastic Industrial Co Return-on-Tangible-Equity Historical Data
* 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.
Nissei Plastic Industrial Co Return-on-Tangible-Equity Chart
TSE:6293 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Nissei Plastic Industrial 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.
Nissei Plastic Industrial Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nissei Plastic Industrial Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nissei Plastic Industrial 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 (Sep. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -4.13% mean?
Nissei Plastic Industrial Co (TSE:6293) has a Return-on-Tangible-Equity of -4.13% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nissei Plastic Industrial Co and its competitors.
Is Nissei Plastic Industrial Co's Return-on-Tangible-Equity too high?
Nissei Plastic Industrial Co's current Return-on-Tangible-Equity is -4.13%. Overall, Nissei Plastic Industrial Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Nissei Plastic Industrial Co's Return-on-Tangible-Equity compare to GEV and ETN?
Nissei Plastic Industrial Co's Return-on-Tangible-Equity of -4.13% can be compared against companies in the Industrial Products industry. The industry median Return-on-Tangible-Equity is 6.72. 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 2,972 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. 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 Nissei Plastic Industrial 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. Nissei Plastic Industrial Co's current Return-on-Tangible-Equity is -4.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissei Plastic Industrial Co stock overvalued right now?
Nissei Plastic Industrial Co (TSE:6293) has a current Return-on-Tangible-Equity of -4.13%. The stock's GF Value™ is 円943.08, compared to a current price of 円873.00 — trading 7.4% below its estimated fair value. The current Return-on-Tangible-Equity is -4.13%. Nissei Plastic Industrial Co's overall GF Score™ is 44/100 with 8 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 Nissei Plastic Industrial Co (TSE:6293), the current Return-on-Tangible-Equity is -4.13% as of Sep. 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 Nissei Plastic Industrial Co (TSE:6293) Overvalued in 2026?
Based on GuruFocus' analysis, Nissei Plastic Industrial Co stock appears to be undervalued.
The current stock price of 円873.00 is trading 7.4% below its estimated GF Value™ of 円943.08.
Key valuation signals for TSE:6293:
Return-on-Tangible-Equity: -4.13%
GF Value™: 円943.08 vs. price of 円873.00 (7.4% below fair value)
No single metric tells the full story. See the TSE:6293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nissei Plastic Industrial Co Ltd is an injection molding machine manufacturer. Its products made by injection molding machines are used to provide food, medical care, and a variety of other goods to consumers around the world. The company's products include Horizontal Injection Molding Machine, Vertical Injection Molding Machine, Special Injection Molding Machine, and Quality & Production Control System.
44GF Score
Get the complete analysis for TSE:6293
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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