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Meiji Machine CoTSE:6334 -1.20%56 Return-on-Tangible-Equity is 26.56% as of Mar. 2026, which is 498% above its 10-year median of 4.44. GuruFocus rates TSE:6334 with a GF Score™ of 56/100 and a GF Value™ of 円364.58 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,982 Industrial Products companies, Meiji Machine Co ranks worse than 88.4% 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. Meiji Machine Co's annualized net income for the quarter that ended in Mar. 2026 was 円729 Mil. Meiji Machine Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円2,743 Mil. Therefore, Meiji Machine Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 26.56%.
The historical rank and industry rank for Meiji Machine Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6334'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -63.74 Med: 4.44 Max: 80.39
Current: -13.14
During the past 13 years, Meiji Machine Co's highest Return-on-Tangible-Equity was 80.39%. The lowest was -63.74%. And the median was 4.44%.
TSE:6334's Return-on-Tangible-Equity is ranked worse than 88.4% of 2982
companies
in the Industrial Products industry
Industry Median: 7.01
vs TSE:6334: -13.14
Meiji Machine Co (TSE:6334) 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.
Meiji Machine Co Return-on-Tangible-Equity Related Terms
Meiji Machine Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Meiji Machine 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:6334 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Meiji Machine 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.
Meiji Machine Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Meiji Machine Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Meiji Machine 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 (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 26.56% mean?
Meiji Machine Co (TSE:6334) has a Return-on-Tangible-Equity of 26.56% 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 Meiji Machine Co and its competitors. This is 498% above median its historical median of 4.44. According to the industry distribution chart, Meiji Machine Co ranks #2636 out of 2982 companies in the Industrial Products industry, placing it in the top 88.4%.
Is Meiji Machine Co's Return-on-Tangible-Equity too high?
Meiji Machine Co's current Return-on-Tangible-Equity of 26.56% is 498% above median its 10-year median of 4.44. The Industrial Products industry median Return-on-Tangible-Equity is 7.01. Meiji Machine Co's value of 26.56% is 278.9% above this industry median. Based on the distribution chart, Meiji Machine Co ranks #2636 out of 2982 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Meiji Machine Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiji Machine Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Meiji Machine Co ranks #2636 out of 2982 companies for Return-on-Tangible-Equity. This places Meiji Machine Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.01. Meiji Machine Co's value of 26.56% is 278.9% above this benchmark. While the company's 10-year median is 4.44 vs. the industry median of 7.01, Meiji Machine 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 7.01, based on 2,982 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. Meiji Machine Co's current Return-on-Tangible-Equity of 26.56% is 278.9% 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 Meiji Machine Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiji Machine Co's current Return-on-Tangible-Equity is 26.56%, which is 498% above median its own 10-year median of 4.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Machine Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Machine Co (TSE:6334) is currently considered Significantly Overvalued. The stock's GF Value™ is 円364.58, compared to a current price of 円494.00 — trading 35.5% above its estimated fair value. The current Return-on-Tangible-Equity is 26.56%, which is 498% above median its 10-year median of 4.44 and 278.9% above the Industrial Products industry median of 7.01. Meiji Machine Co's overall GF Score™ is 56/100 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 Meiji Machine Co (TSE:6334), the current Return-on-Tangible-Equity is 26.56% 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 Meiji Machine Co (TSE:6334) Overvalued in 2026?
Based on GuruFocus' analysis, Meiji Machine Co stock appears to be overvalued.
The current stock price of 円494.00 is trading 35.5% above its estimated GF Value™ of 円364.58.
GuruFocus considers Meiji Machine Co to be Significantly Overvalued.
Key valuation signals for TSE:6334:
Return-on-Tangible-Equity: 26.56% (498% above median its 10-year median of 4.44)
GF Value™: 円364.58 vs. price of 円494.00 (35.5% above fair value)
Industry Position: 278.9% above the Industrial Products median (#2636 of 2982)
No single metric tells the full story. See the TSE:6334 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiji Machine Co Ltd is engaged in the manufacture and sale of machinery used in the food industry, particularly in flour milling and feed manufacturing, and on plant engineering for the construction of food factories and other facilities. Its products include selection machine, crushing machine, classification machine, air machine, mixing machine, and other machines.
56GF Score
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