Convano (TSE:6574) Return-on-Tangible-Equity: 46.00% (As of Jun. 2026)

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TSE:6574 Convano Inc TSE:6574
76 GF Score
Price 円120.00
GF Value 円115.31
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Convano Return-on-Tangible-Equity?

Convano TSE:6574 -0.83% 76 Return-on-Tangible-Equity is 46.00% as of Jun. 2026. GuruFocus rates TSE:6574 with a GF Score™ of 76/100 and a GF Value™ of 円115.31 (Fairly Valued). The stock has 5 warning signs investors should review. Among 85 Personal Services companies, Convano ranks worse than 71.76% 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. Convano's annualized net income for the quarter that ended in Jun. 2026 was 円4,783 Mil. Convano's average shareholder tangible equity for the quarter that ended in Jun. 2026 was 円10,398 Mil. Therefore, Convano's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 46.00%.

The historical rank and industry rank for Convano's Return-on-Tangible-Equity or its related term are showing as below:

TSE:6574' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -482.17   Med: -18.28   Max: 15.01
Current: 2.82

During the past 11 years, Convano's highest Return-on-Tangible-Equity was 15.01%. The lowest was -482.17%. And the median was -18.28%.

TSE:6574's Return-on-Tangible-Equity is ranked worse than
71.76% of 85 companies
in the Personal Services industry
Industry Median: 13.43 vs TSE:6574: 2.82

Convano  (TSE:6574) 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.


Convano Return-on-Tangible-Equity Related Terms


Convano Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Convano'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.

Convano Return-on-Tangible-Equity Chart

Convano Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity 0.00 -482.17 15.01 -18.28

Convano Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 127.12 502.42 745.11 -313.28 46.00

TSE:6574 vs ROL, SCI, HRB: Return-on-Tangible-Equity Comparison

For the Personal Services subindustry, Convano'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.


Convano Return-on-Tangible-Equity vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Convano's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Convano's Return-on-Tangible-Equity falls into.


TSE:6574
76GF Score
Convano Inc TSE:6574
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Convano Return-on-Tangible-Equity Calculation

Convano's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-950.81/( (576.534+9828.545 )/ 2 )
=-950.81/5202.5395
=-18.28 %

Convano's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=4782.596/( (9828.545+10967.426)/ 2 )
=4782.596/10397.9855
=46.00 %

* 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 (Jun. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 46.00% mean?
Convano (TSE:6574) has a Return-on-Tangible-Equity of 46.00% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Convano and its competitors. According to the industry distribution chart, Convano ranks #61 out of 85 companies in the Personal Services industry, placing it in the top 71.8%.
Is Convano's Return-on-Tangible-Equity too high?
Convano's current Return-on-Tangible-Equity is 46.00%. The Personal Services industry median Return-on-Tangible-Equity is 13.43. Convano's value of 46.00% is 242.5% above this industry median. Based on the distribution chart, Convano ranks #61 out of 85 companies in the Personal Services industry, which is below the industry midpoint. Overall, Convano has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Convano's Return-on-Tangible-Equity compare to ROL and SCI?
According to the Personal Services industry distribution chart, Convano ranks #61 out of 85 companies for Return-on-Tangible-Equity. This places Convano in the lower half of its industry. The industry median Return-on-Tangible-Equity is 13.43. Convano's value of 46.00% is 242.5% above this benchmark. 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 Personal Services company?
The median Return-on-Tangible-Equity among Personal Services companies is 13.43, based on 85 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. Convano's current Return-on-Tangible-Equity of 46.00% is 242.5% 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 Convano and its competitors. For the Personal Services industry, the median Return-on-Tangible-Equity is 13.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Convano's current Return-on-Tangible-Equity is 46.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Convano stock overvalued right now?
Based on GuruFocus' analysis, Convano (TSE:6574) is currently considered Fairly Valued. The stock's GF Value™ is 円115.31, compared to a current price of 円120.00 — trading 4.1% above its estimated fair value. The current Return-on-Tangible-Equity is 46.00% and 242.5% above the Personal Services industry median of 13.43. Convano's overall GF Score™ is 76/100 with 5 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 Convano (TSE:6574), the current Return-on-Tangible-Equity is 46.00% as of Jun. 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 Convano (TSE:6574) Overvalued in 2026?

Based on GuruFocus' analysis, Convano stock appears to be overvalued. The current stock price of 円120.00 is trading 4.1% above its estimated GF Value™ of 円115.31. GuruFocus considers Convano to be Fairly Valued.

Key valuation signals for TSE:6574:

  • Return-on-Tangible-Equity: 46.00%
  • GF Value™: 円115.31 vs. price of 円120.00 (4.1% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 242.5% above the Personal Services median (#61 of 85)

No single metric tells the full story. See the TSE:6574 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Convano Business Description

Address 22-14 Sakuragaoka-cho, NES Building 1F-B3F, Shibuya-ku, Tokyo, JPN, 150-0031
Convano Inc operates beauty salons. It manages and franchises nail salons in Japan. The company mainly offers nail services.
76GF Score

Get the complete analysis for TSE:6574

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円120.00
Price
円115.31
GF Value