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Tomoe Engineering CoTSE:6309 -0.31%87 Return-on-Tangible-Equity is 12.94% as of Apr. 2026, which is 104% above its 10-year median of 6.35. GuruFocus rates TSE:6309 with a GF Score™ of 87/100 and a GF Value™ of 円1,617.36 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,969 Industrial Products companies, Tomoe Engineering Co ranks better than 61.77% 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. Tomoe Engineering Co's annualized net income for the quarter that ended in Apr. 2026 was 円5,586 Mil. Tomoe Engineering Co's average shareholder tangible equity for the quarter that ended in Apr. 2026 was 円43,154 Mil. Therefore, Tomoe Engineering Co's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 12.94%.
The historical rank and industry rank for Tomoe Engineering Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6309'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.9 Med: 6.35 Max: 9.61
Current: 9.61
During the past 13 years, Tomoe Engineering Co's highest Return-on-Tangible-Equity was 9.61%. The lowest was 3.90%. And the median was 6.35%.
TSE:6309's Return-on-Tangible-Equity is ranked better than 61.77% of 2969
companies
in the Industrial Products industry
Industry Median: 6.76
vs TSE:6309: 9.61
Tomoe Engineering Co (TSE:6309) 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.
Tomoe Engineering Co Return-on-Tangible-Equity Related Terms
Tomoe Engineering Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tomoe Engineering 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.
Tomoe Engineering Co Return-on-Tangible-Equity Chart
TSE:6309 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Tomoe Engineering 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.
Tomoe Engineering Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tomoe Engineering Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tomoe Engineering 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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 12.94% mean?
Tomoe Engineering Co (TSE:6309) has a Return-on-Tangible-Equity of 12.94% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tomoe Engineering Co and its competitors. This is 104% above median its historical median of 6.35. Over the past decade, Tomoe Engineering Co's Return-on-Tangible-Equity has ranged from 3.90 to 9.61. According to the industry distribution chart, Tomoe Engineering Co ranks #1135 out of 2969 companies in the Industrial Products industry, placing it in the top 38.2%.
Is Tomoe Engineering Co's Return-on-Tangible-Equity too high?
Tomoe Engineering Co's current Return-on-Tangible-Equity of 12.94% is 104% above median its 10-year median of 6.35. Over the past 10 years, this metric has ranged from a low of 3.90 to a high of 9.61. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Tomoe Engineering Co's value of 12.94% is 91.4% above this industry median. Based on the distribution chart, Tomoe Engineering Co ranks #1135 out of 2969 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tomoe Engineering Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tomoe Engineering Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tomoe Engineering Co ranks #1135 out of 2969 companies for Return-on-Tangible-Equity. This puts Tomoe Engineering Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.76. Tomoe Engineering Co's value of 12.94% is 91.4% above this benchmark. Historically, Tomoe Engineering Co's own Return-on-Tangible-Equity has ranged from 3.90 to 9.61 over the past decade. While the company's 10-year median is 6.35 vs. the industry median of 6.76, Tomoe Engineering 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. Tomoe Engineering Co's current Return-on-Tangible-Equity of 12.94% is 91.4% 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 Tomoe Engineering 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. Tomoe Engineering Co's current Return-on-Tangible-Equity is 12.94%, which is 104% above median its own 10-year median of 6.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomoe Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Tomoe Engineering Co (TSE:6309) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,617.36, compared to a current price of 円1,909.00 — trading 18% above its estimated fair value. The current Return-on-Tangible-Equity is 12.94%, which is 104% above median its 10-year median of 6.35 and 91.4% above the Industrial Products industry median of 6.76. Tomoe Engineering Co's overall GF Score™ is 87/100 with 1 warning sign 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 Tomoe Engineering Co (TSE:6309), the current Return-on-Tangible-Equity is 12.94% as of Apr. 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 Tomoe Engineering Co (TSE:6309) Overvalued in 2026?
Based on GuruFocus' analysis, Tomoe Engineering Co stock appears to be overvalued.
The current stock price of 円1,909.00 is trading 18% above its estimated GF Value™ of 円1,617.36.
GuruFocus considers Tomoe Engineering Co to be Modestly Overvalued.
Key valuation signals for TSE:6309:
Return-on-Tangible-Equity: 12.94% (104% above median its 10-year median of 6.35)
GF Value™: 円1,617.36 vs. price of 円1,909.00 (18% above fair value)
Industry Position: 91.4% above the Industrial Products median (#1135 of 2969)
No single metric tells the full story. See the TSE:6309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tomoe Engineering Co Ltd is engaged in the manufacture and sale of centrifuges and the supply of chemical industrial products. Its product portfolio comprises centrifugal separators for applications in different industries, including wastewater and sludge treatment, food, animal feed, energy, biology, chemicals, and others. In addition, the group offers different industrial chemical products such as synthetic resins, alumina hydrate, electrode paste, UV curing resins, zirconia, silica fume, etc. The group's reportable segments are Chemical industrial product sales business, which generates maximum revenue, and the Machinery manufacturing and sales business.
87GF Score
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