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Diamond Electric Holdings CoTSE:6699 -0.41%53 Return-on-Tangible-Equity is 6.31% as of Mar. 2026, which is 247% above its 10-year median of 1.82. GuruFocus rates TSE:6699 with a GF Score™ of 53/100 and a GF Value™ of 円634.99 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,283 Vehicles & Parts companies, Diamond Electric Holdings Co ranks worse than 53% 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. Diamond Electric Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was 円788 Mil. Diamond Electric Holdings Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円12,481 Mil. Therefore, Diamond Electric Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.31%.
The historical rank and industry rank for Diamond Electric Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6699'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.37 Med: 1.82 Max: 15.8
Current: 6.87
During the past 8 years, Diamond Electric Holdings Co's highest Return-on-Tangible-Equity was 15.80%. The lowest was -28.37%. And the median was 1.82%.
TSE:6699's Return-on-Tangible-Equity is ranked worse than 53% of 1283
companies
in the Vehicles & Parts industry
Industry Median: 7.47
vs TSE:6699: 6.87
Diamond Electric Holdings Co (TSE:6699) 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.
Diamond Electric Holdings Co Return-on-Tangible-Equity Related Terms
Diamond Electric Holdings Co Return-on-Tangible-Equity Historical Data
* 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.
Diamond Electric Holdings Co Return-on-Tangible-Equity Chart
TSE:6699 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Diamond Electric Holdings 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.
Diamond Electric Holdings Co Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Diamond Electric Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Diamond Electric Holdings 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 6.31% mean?
Diamond Electric Holdings Co (TSE:6699) has a Return-on-Tangible-Equity of 6.31% 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 Diamond Electric Holdings Co and its competitors. This is 247% above median its historical median of 1.82. According to the industry distribution chart, Diamond Electric Holdings Co ranks #680 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 53%.
Is Diamond Electric Holdings Co's Return-on-Tangible-Equity too high?
Diamond Electric Holdings Co's current Return-on-Tangible-Equity of 6.31% is 247% above median its 10-year median of 1.82. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.47. Diamond Electric Holdings Co's value of 6.31% is 15.5% below this industry median. Based on the distribution chart, Diamond Electric Holdings Co ranks #680 out of 1283 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Diamond Electric Holdings Co has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Diamond Electric Holdings Co's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Diamond Electric Holdings Co ranks #680 out of 1283 companies for Return-on-Tangible-Equity. This places Diamond Electric Holdings Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.47. Diamond Electric Holdings Co's value of 6.31% is 15.5% below this benchmark. While the company's 10-year median is 1.82 vs. the industry median of 7.47, Diamond Electric Holdings Co has consistently been below 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.47, 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. Diamond Electric Holdings Co's current Return-on-Tangible-Equity of 6.31% is 15.5% below 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 Diamond Electric Holdings Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diamond Electric Holdings Co's current Return-on-Tangible-Equity is 6.31%, which is 247% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamond Electric Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Diamond Electric Holdings Co (TSE:6699) is currently considered Modestly Undervalued. The stock's GF Value™ is 円634.99, compared to a current price of 円480.00 — trading 24.4% below its estimated fair value. The current Return-on-Tangible-Equity is 6.31%, which is 247% above median its 10-year median of 1.82 and 15.5% below the Vehicles & Parts industry median of 7.47. Diamond Electric Holdings Co's overall GF Score™ is 53/100 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 Diamond Electric Holdings Co (TSE:6699), the current Return-on-Tangible-Equity is 6.31% 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 Diamond Electric Holdings Co (TSE:6699) Overvalued in 2026?
Based on GuruFocus' analysis, Diamond Electric Holdings Co stock appears to be undervalued.
The current stock price of 円480.00 is trading 24.4% below its estimated GF Value™ of 円634.99.
GuruFocus considers Diamond Electric Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:6699:
Return-on-Tangible-Equity: 6.31% (247% above median its 10-year median of 1.82)
GF Value™: 円634.99 vs. price of 円480.00 (24.4% below fair value)
Industry Position: 15.5% below the Vehicles & Parts median (#680 of 1283)
No single metric tells the full story. See the TSE:6699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Diamond Electric Holdings Co Ltd is engaged in the manufacture and sale of electronic and energy-related components. The company has three reportable segments: Automotive Equipment Business, Energy Solutions Business, and Electronic Equipment Business. The Automotive Equipment segment manufactures ignition coils, transmission switches, rotation sensors, and in-vehicle control boards. The Energy Solutions segment produces power conditioners for solar power generation and energy storage hybrid systems. The Electronic Equipment segment manufactures electronic control devices for fan heaters, air conditioners, water heaters, and other related products such as ignition devices and power conditioners.
53GF Score
Get the complete analysis for TSE:6699
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