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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. Taiho Kogyo Co's annualized net income for the quarter that ended in Mar. 2026 was 円-29,148 Mil. Taiho Kogyo Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円64,693 Mil. Therefore, Taiho Kogyo Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -45.06%.
The historical rank and industry rank for Taiho Kogyo Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6470'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.28 Med: 1.31 Max: 7.6
Current: -9.09
During the past 13 years, Taiho Kogyo Co's highest Return-on-Tangible-Equity was 7.60%. The lowest was -9.28%. And the median was 1.31%.
TSE:6470's Return-on-Tangible-Equity is ranked worse than 86.75% of 1283
companies
in the Vehicles & Parts industry
Industry Median: 7.58
vs TSE:6470: -9.09
Taiho Kogyo Co (TSE:6470) 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.
Taiho Kogyo Co Return-on-Tangible-Equity Related Terms
Taiho Kogyo Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Taiho Kogyo 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:6470 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Taiho Kogyo 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.
Taiho Kogyo Co Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Taiho Kogyo Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Taiho Kogyo 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 -45.06% mean?
Taiho Kogyo Co (TSE:6470) has a Return-on-Tangible-Equity of -45.06% 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 Taiho Kogyo Co and its competitors. According to the industry distribution chart, Taiho Kogyo Co ranks #1113 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 86.7%.
Is Taiho Kogyo Co's Return-on-Tangible-Equity too high?
Taiho Kogyo Co's current Return-on-Tangible-Equity is -45.06%. Based on the distribution chart, Taiho Kogyo Co ranks #1113 out of 1283 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Taiho Kogyo Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiho Kogyo Co's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Taiho Kogyo Co ranks #1113 out of 1283 companies for Return-on-Tangible-Equity. This places Taiho Kogyo Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.58. 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.58, based on 1,283 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 Taiho Kogyo Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiho Kogyo Co's current Return-on-Tangible-Equity is -45.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiho Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Taiho Kogyo Co (TSE:6470) is currently considered Modestly Overvalued. The stock's GF Value™ is 円861.12, compared to a current price of 円1,052.00 — trading 22.2% above its estimated fair value. The current Return-on-Tangible-Equity is -45.06%. Taiho Kogyo Co's overall GF Score™ is 67/100 with 2 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 Taiho Kogyo Co (TSE:6470), the current Return-on-Tangible-Equity is -45.06% 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 Taiho Kogyo Co (TSE:6470) Overvalued in 2026?
Based on GuruFocus' analysis, Taiho Kogyo Co stock appears to be overvalued.
The current stock price of 円1,052.00 is trading 22.2% above its estimated GF Value™ of 円861.12.
GuruFocus considers Taiho Kogyo Co to be Modestly Overvalued.
Key valuation signals for TSE:6470:
Return-on-Tangible-Equity: -45.06%
GF Value™: 円861.12 vs. price of 円1,052.00 (22.2% above fair value)
No single metric tells the full story. See the TSE:6470 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiho Kogyo Co Ltd engages in the manufacture and sale of automobile manufacturing facilities and automobile components. It provides bushings and thrust washers, engine, and special bearings, aluminum dies casts and precision dies, EGR valves and actuators. The firm also offers precision mold, transport equipment, and welding machines and parts. In addition, it handles product retail sales and the packaging and shipping of automobile parts.
67GF Score
Get the complete analysis for TSE:6470
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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