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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. Shikino High Tech Co's annualized net income for the quarter that ended in Mar. 2026 was 円-118 Mil. Shikino High Tech Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円2,085 Mil. Therefore, Shikino High Tech Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -5.68%.
The historical rank and industry rank for Shikino High Tech Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6614'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.16 Med: 21.31 Max: 27.86
Current: -5.16
During the past 8 years, Shikino High Tech Co's highest Return-on-Tangible-Equity was 27.86%. The lowest was -5.16%. And the median was 21.31%.
TSE:6614's Return-on-Tangible-Equity is ranked worse than 73.81% of 985
companies
in the Semiconductors industry
Industry Median: 5.31
vs TSE:6614: -5.16
Shikino High Tech Co (TSE:6614) 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.
Shikino High Tech Co Return-on-Tangible-Equity Related Terms
Shikino High Tech Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shikino High Tech 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.
Shikino High Tech Co Return-on-Tangible-Equity Chart
TSE:6614 vs NVDA, AVGO, MU: Return-on-Tangible-Equity Comparison
For the Semiconductors subindustry, Shikino High Tech 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.
Shikino High Tech Co Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Shikino High Tech Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shikino High Tech 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 (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 -5.68% mean?
Shikino High Tech Co (TSE:6614) has a Return-on-Tangible-Equity of -5.68% 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 Shikino High Tech Co and its competitors. According to the industry distribution chart, Shikino High Tech Co ranks #727 out of 985 companies in the Semiconductors industry, placing it in the top 73.8%.
Is Shikino High Tech Co's Return-on-Tangible-Equity too high?
Shikino High Tech Co's current Return-on-Tangible-Equity is -5.68%. Based on the distribution chart, Shikino High Tech Co ranks #727 out of 985 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Shikino High Tech Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shikino High Tech Co's Return-on-Tangible-Equity compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Shikino High Tech Co ranks #727 out of 985 companies for Return-on-Tangible-Equity. This places Shikino High Tech Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.31. 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.31, based on 985 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 Shikino High Tech Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shikino High Tech Co's current Return-on-Tangible-Equity is -5.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shikino High Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Shikino High Tech Co (TSE:6614) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,223.07, compared to a current price of 円887.00 — trading 27.5% below its estimated fair value. The current Return-on-Tangible-Equity is -5.68%. Shikino High Tech Co's overall GF Score™ is 61/100 with 7 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 Shikino High Tech Co (TSE:6614), the current Return-on-Tangible-Equity is -5.68% 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 Shikino High Tech Co (TSE:6614) Overvalued in 2026?
Based on GuruFocus' analysis, Shikino High Tech Co stock appears to be undervalued.
The current stock price of 円887.00 is trading 27.5% below its estimated GF Value™ of 円1,223.07.
GuruFocus considers Shikino High Tech Co to be Modestly Undervalued.
Key valuation signals for TSE:6614:
Return-on-Tangible-Equity: -5.68%
GF Value™: 円1,223.07 vs. price of 円887.00 (27.5% below fair value)
No single metric tells the full story. See the TSE:6614 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shikino High Tech Co Ltd is engaged in the electronics system business, microelectronics business and product development business which include the camera business.
61GF Score
Get the complete analysis for TSE:6614
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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