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Oki Electric Industry CoTSE:6703 -7.83%67 Return-on-Tangible-Equity is 37.87% as of Mar. 2026, which is 373% above its 10-year median of 8.01. GuruFocus rates TSE:6703 with a GF Score™ of 67/100 and a GF Value™ of 円1,099.08 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,385 Hardware companies, Oki Electric Industry Co ranks better than 80.25% 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. Oki Electric Industry Co's annualized net income for the quarter that ended in Mar. 2026 was 円56,536 Mil. Oki Electric Industry Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円149,288 Mil. Therefore, Oki Electric Industry Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 37.87%.
The historical rank and industry rank for Oki Electric Industry Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6703'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.17 Med: 8.01 Max: 24.64
Current: 15.92
During the past 13 years, Oki Electric Industry Co's highest Return-on-Tangible-Equity was 24.64%. The lowest was -3.17%. And the median was 8.01%.
TSE:6703's Return-on-Tangible-Equity is ranked better than 80.25% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs TSE:6703: 15.92
Oki Electric Industry Co (TSE:6703) 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.
Oki Electric Industry Co Return-on-Tangible-Equity Related Terms
Oki Electric Industry Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Oki Electric Industry 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.
Oki Electric Industry Co Return-on-Tangible-Equity Chart
TSE:6703 vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Oki Electric Industry 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.
Oki Electric Industry Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Oki Electric Industry Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Oki Electric Industry 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 37.87% mean?
Oki Electric Industry Co (TSE:6703) has a Return-on-Tangible-Equity of 37.87% 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 Oki Electric Industry Co and its competitors. This is 373% above median its historical median of 8.01. According to the industry distribution chart, Oki Electric Industry Co ranks #471 out of 2385 companies in the Hardware industry, placing it in the top 19.7%.
Is Oki Electric Industry Co's Return-on-Tangible-Equity too high?
Oki Electric Industry Co's current Return-on-Tangible-Equity of 37.87% is 373% above median its 10-year median of 8.01. The Hardware industry median Return-on-Tangible-Equity is 5.32. Oki Electric Industry Co's value of 37.87% is 611.8% above this industry median. Based on the distribution chart, Oki Electric Industry Co ranks #471 out of 2385 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Oki Electric Industry Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oki Electric Industry Co's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Oki Electric Industry Co ranks #471 out of 2385 companies for Return-on-Tangible-Equity. This places Oki Electric Industry Co in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.32. Oki Electric Industry Co's value of 37.87% is 611.8% above this benchmark. While the company's 10-year median is 8.01 vs. the industry median of 5.32, Oki Electric Industry 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. Oki Electric Industry Co's current Return-on-Tangible-Equity of 37.87% is 611.8% 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 Oki Electric Industry 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. Oki Electric Industry Co's current Return-on-Tangible-Equity is 37.87%, which is 373% above median its own 10-year median of 8.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oki Electric Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Oki Electric Industry Co (TSE:6703) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,099.08, compared to a current price of 円3,060.00 — trading 178.4% above its estimated fair value. The current Return-on-Tangible-Equity is 37.87%, which is 373% above median its 10-year median of 8.01 and 611.8% above the Hardware industry median of 5.32. Oki Electric Industry Co's overall GF Score™ is 67/100 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 Oki Electric Industry Co (TSE:6703), the current Return-on-Tangible-Equity is 37.87% 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 Oki Electric Industry Co (TSE:6703) Overvalued in 2026?
Based on GuruFocus' analysis, Oki Electric Industry Co stock appears to be overvalued.
The current stock price of 円3,060.00 is trading 178.4% above its estimated GF Value™ of 円1,099.08.
GuruFocus considers Oki Electric Industry Co to be Significantly Overvalued.
Key valuation signals for TSE:6703:
Return-on-Tangible-Equity: 37.87% (373% above median its 10-year median of 8.01)
GF Value™: 円1,099.08 vs. price of 円3,060.00 (178.4% above fair value)
Industry Position: 611.8% above the Hardware median (#471 of 2385)
No single metric tells the full story. See the TSE:6703 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oki Electric Industry Co Ltd is a Japanese manufacturer of telecommunications and printer products to telecommunication carriers, financial institutions, government agencies, and corporations. Its business is organized by product line into: information and communication technology, including traffic infrastructure-, disaster-, and self defense-related systems; mechatronics systems, including ATMs, cash handling equipment, and bank branch terminals; printers, including color printers, wide-format inkjets, and multifunction printers; and electronics manufacturing services for industrial, medical, and communications equipment.
67GF Score
Get the complete analysis for TSE:6703
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