Taiyo Technolex Co (TSE:6663) Return-on-Tangible-Equity: 16.18% (As of Dec. 2025) — 1781% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6663 Taiyo Technolex Co Ltd TSE:6663
63 GF Score
Price 円299.00
GF Value 円335.38
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Taiyo Technolex Co Return-on-Tangible-Equity?

Taiyo Technolex Co TSE:6663 -2.92% 63 Return-on-Tangible-Equity is 16.18% as of Dec. 2025, which is 1781% above its 10-year median of 0.86. GuruFocus rates TSE:6663 with a GF Score™ of 63/100 and a GF Value™ of 円335.38 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,385 Hardware companies, Taiyo Technolex Co ranks better than 50.86% 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. Taiyo Technolex Co's annualized net income for the quarter that ended in Dec. 2025 was 円404 Mil. Taiyo Technolex Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円2,496 Mil. Therefore, Taiyo Technolex Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 16.18%.

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

TSE:6663' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.67   Med: 0.86   Max: 9.86
Current: 5.52

During the past 13 years, Taiyo Technolex Co's highest Return-on-Tangible-Equity was 9.86%. The lowest was -23.67%. And the median was 0.86%.

TSE:6663's Return-on-Tangible-Equity is ranked better than
50.86% of 2385 companies
in the Hardware industry
Industry Median: 5.32 vs TSE:6663: 5.52

Taiyo Technolex Co  (TSE:6663) 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.


Taiyo Technolex Co Return-on-Tangible-Equity Related Terms


Taiyo Technolex Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Taiyo Technolex 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.

Taiyo Technolex Co Return-on-Tangible-Equity Chart

Taiyo Technolex Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.86 1.55 -5.05 -3.27 5.39

Taiyo Technolex Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -7.50 -2.14 -4.38 -5.43 16.18

TSE:6663 vs APH, GLW: Return-on-Tangible-Equity Comparison

For the Electronic Components subindustry, Taiyo Technolex 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.


Taiyo Technolex Co Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Taiyo Technolex Co's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:6663
63GF Score
Taiyo Technolex Co Ltd TSE:6663
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiyo Technolex Co Return-on-Tangible-Equity Calculation

Taiyo Technolex Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=136.695/( (2442.102+2627.181 )/ 2 )
=136.695/2534.6415
=5.39 %

Taiyo Technolex Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=403.858/( (2365.467+2627.181)/ 2 )
=403.858/2496.324
=16.18 %

* 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 (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 16.18% mean?
Taiyo Technolex Co (TSE:6663) has a Return-on-Tangible-Equity of 16.18% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Taiyo Technolex Co and its competitors. This is 1781% above median its historical median of 0.86. According to the industry distribution chart, Taiyo Technolex Co ranks #1172 out of 2385 companies in the Hardware industry, placing it in the top 49.1%.
Is Taiyo Technolex Co's Return-on-Tangible-Equity too high?
Taiyo Technolex Co's current Return-on-Tangible-Equity of 16.18% is 1781% above median its 10-year median of 0.86. The Hardware industry median Return-on-Tangible-Equity is 5.32. Taiyo Technolex Co's value of 16.18% is 204.1% above this industry median. Based on the distribution chart, Taiyo Technolex Co ranks #1172 out of 2385 companies in the Hardware industry, which is above the industry midpoint. Overall, Taiyo Technolex Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiyo Technolex Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Taiyo Technolex Co ranks #1172 out of 2385 companies for Return-on-Tangible-Equity. This puts Taiyo Technolex Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Taiyo Technolex Co's value of 16.18% is 204.1% above this benchmark. While the company's 10-year median is 0.86 vs. the industry median of 5.32, Taiyo Technolex 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 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. Taiyo Technolex Co's current Return-on-Tangible-Equity of 16.18% is 204.1% 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 Taiyo Technolex Co 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. Taiyo Technolex Co's current Return-on-Tangible-Equity is 16.18%, which is 1781% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiyo Technolex Co stock overvalued right now?
Based on GuruFocus' analysis, Taiyo Technolex Co (TSE:6663) is currently considered Modestly Undervalued. The stock's GF Value™ is 円335.38, compared to a current price of 円299.00 — trading 10.8% below its estimated fair value. The current Return-on-Tangible-Equity is 16.18%, which is 1781% above median its 10-year median of 0.86 and 204.1% above the Hardware industry median of 5.32. Taiyo Technolex Co's overall GF Score™ is 63/100 with 3 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 Taiyo Technolex Co (TSE:6663), the current Return-on-Tangible-Equity is 16.18% as of Dec. 2025. 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 Taiyo Technolex Co (TSE:6663) Overvalued in 2026?

Based on GuruFocus' analysis, Taiyo Technolex Co stock appears to be undervalued. The current stock price of 円299.00 is trading 10.8% below its estimated GF Value™ of 円335.38. GuruFocus considers Taiyo Technolex Co to be Modestly Undervalued.

Key valuation signals for TSE:6663:

  • Return-on-Tangible-Equity: 16.18% (1781% above median its 10-year median of 0.86)
  • GF Value™: 円335.38 vs. price of 円299.00 (10.8% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 204.1% above the Hardware median (#1172 of 2385)

No single metric tells the full story. See the TSE:6663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiyo Technolex Co Business Description

Address 661, Arimoto, Wakayama, JPN, 640-8390
Taiyo Technolex Co Ltd is a contract manufacturer in Japan. The company is involved in manufacture engraving and plating of various printing rolls, manufacture, engraving and plating of other rolls Manufacture and engraving of various stencils manufacture and processing of various building materials Sales of equipment related to the preceding items and manufacture and sale of various interior-related products.
63GF Score

Get the complete analysis for TSE:6663

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

円299.00
Price
円335.38
GF Value