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Riso KagakuTSE:6413 -0.29%63 Return-on-Tangible-Equity is 7.32% as of Mar. 2026, which is 36% above its 10-year median of 5.38. GuruFocus rates TSE:6413 with a GF Score™ of 63/100 and a GF Value™ of 円1,315.64 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,385 Hardware companies, Riso Kagaku ranks better than 56.9% 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. Riso Kagaku's annualized net income for the quarter that ended in Mar. 2026 was 円4,608 Mil. Riso Kagaku's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円62,939 Mil. Therefore, Riso Kagaku's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.32%.
The historical rank and industry rank for Riso Kagaku's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6413'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.16 Med: 5.38 Max: 7.5
Current: 7.15
During the past 13 years, Riso Kagaku's highest Return-on-Tangible-Equity was 7.50%. The lowest was 1.16%. And the median was 5.38%.
TSE:6413's Return-on-Tangible-Equity is ranked better than 56.9% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs TSE:6413: 7.15
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.
Riso Kagaku Return-on-Tangible-Equity Related Terms
Riso Kagaku Return-on-Tangible-Equity Historical Data
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The historical data trend for Riso Kagaku'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:6413 vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, Riso Kagaku'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.
Riso Kagaku Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Riso Kagaku's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Riso Kagaku'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 7.32% mean?
Riso Kagaku (TSE:6413) has a Return-on-Tangible-Equity of 7.32% 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 Riso Kagaku and its competitors. This is 36% above median its historical median of 5.38. Over the past decade, Riso Kagaku's Return-on-Tangible-Equity has ranged from 1.16 to 7.50. According to the industry distribution chart, Riso Kagaku ranks #1028 out of 2385 companies in the Hardware industry, placing it in the top 43.1%.
Is Riso Kagaku's Return-on-Tangible-Equity too high?
Riso Kagaku's current Return-on-Tangible-Equity of 7.32% is 36% above median its 10-year median of 5.38. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 7.50. The Hardware industry median Return-on-Tangible-Equity is 5.32. Riso Kagaku's value of 7.32% is 37.6% above this industry median. Based on the distribution chart, Riso Kagaku ranks #1028 out of 2385 companies in the Hardware industry, which is above the industry midpoint. Overall, Riso Kagaku has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Riso Kagaku's Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, Riso Kagaku ranks #1028 out of 2385 companies for Return-on-Tangible-Equity. This puts Riso Kagaku in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Riso Kagaku's value of 7.32% is 37.6% above this benchmark. Historically, Riso Kagaku's own Return-on-Tangible-Equity has ranged from 1.16 to 7.50 over the past decade. While the company's 10-year median is 5.38 vs. the industry median of 5.32, Riso Kagaku 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 a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,385 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. Riso Kagaku's current Return-on-Tangible-Equity of 7.32% is 37.6% 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 Riso Kagaku and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riso Kagaku's current Return-on-Tangible-Equity is 7.32%, which is 36% above median its own 10-year median of 5.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riso Kagaku stock overvalued right now?
Based on GuruFocus' analysis, Riso Kagaku (TSE:6413) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,315.64, compared to a current price of 円1,017.00 — trading 22.7% below its estimated fair value. The current Return-on-Tangible-Equity is 7.32%, which is 36% above median its 10-year median of 5.38 and 37.6% above the Hardware industry median of 5.32. Riso Kagaku's overall GF Score™ is 63/100 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 Riso Kagaku (TSE:6413), the current Return-on-Tangible-Equity is 7.32% 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 Riso Kagaku (TSE:6413) Overvalued in 2026?
Based on GuruFocus' analysis, Riso Kagaku stock appears to be undervalued.
The current stock price of 円1,017.00 is trading 22.7% below its estimated GF Value™ of 円1,315.64.
GuruFocus considers Riso Kagaku to be Modestly Undervalued.
Key valuation signals for TSE:6413:
Return-on-Tangible-Equity: 7.32% (36% above median its 10-year median of 5.38)
GF Value™: 円1,315.64 vs. price of 円1,017.00 (22.7% below fair value)
Industry Position: 37.6% above the Hardware median (#1028 of 2385)
No single metric tells the full story. See the TSE:6413 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Riso Kagaku Corp is a Japan-based manufacturer of printer-duplicators, printers, and printing products. The firm developed oil-based pigment ink, Orphis Ink, which is used by the firm's printers. The ink has a stable composition and high water resistance, making it suitable for high-speed printing. Riso has three manufacturing facilities in Japan and a worldwide distribution network. More than half of the firm's revenue is generated in Japan, with the rest coming from countries in the Americas, Europe, and Asia.
63GF Score
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