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Santec HoldingsTSE:6777 -9.65%87 Return-on-Tangible-Equity is 40.88% as of Mar. 2026, which is 201% above its 10-year median of 13.59. GuruFocus rates TSE:6777 with a GF Score™ of 87/100 and a GF Value™ of 円9,258.72 (Significantly Overvalued). Among 2,385 Hardware companies, Santec Holdings ranks better than 93.29% 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. Santec Holdings's annualized net income for the quarter that ended in Mar. 2026 was 円10,262 Mil. Santec Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円25,103 Mil. Therefore, Santec Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 40.88%.
The historical rank and industry rank for Santec Holdings's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6777'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.27 Med: 13.59 Max: 34.04
Current: 34.04
During the past 13 years, Santec Holdings's highest Return-on-Tangible-Equity was 34.04%. The lowest was 6.27%. And the median was 13.59%.
TSE:6777's Return-on-Tangible-Equity is ranked better than 93.29% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs TSE:6777: 34.04
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.
Santec Holdings Return-on-Tangible-Equity Related Terms
Santec Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Santec Holdings'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.
TSE:6777 vs COHR, KEYS, GRMN: Return-on-Tangible-Equity Comparison
For the Scientific & Technical Instruments subindustry, Santec Holdings'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.
Santec Holdings Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Santec Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Santec Holdings'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 40.88% mean?
Santec Holdings (TSE:6777) has a Return-on-Tangible-Equity of 40.88% 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 Santec Holdings and its competitors. This is 201% above median its historical median of 13.59. Over the past decade, Santec Holdings' Return-on-Tangible-Equity has ranged from 6.27 to 34.04. According to the industry distribution chart, Santec Holdings ranks #160 out of 2385 companies in the Hardware industry, placing it in the top 6.7%.
Is Santec Holdings' Return-on-Tangible-Equity too high?
Santec Holdings' current Return-on-Tangible-Equity of 40.88% is 201% above median its 10-year median of 13.59. Over the past 10 years, this metric has ranged from a low of 6.27 to a high of 34.04. The Hardware industry median Return-on-Tangible-Equity is 5.32. Santec Holdings' value of 40.88% is 668.4% above this industry median. Based on the distribution chart, Santec Holdings ranks #160 out of 2385 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Santec Holdings has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Santec Holdings' Return-on-Tangible-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, Santec Holdings ranks #160 out of 2385 companies for Return-on-Tangible-Equity. This places Santec Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.32. Santec Holdings' value of 40.88% is 668.4% above this benchmark. Historically, Santec Holdings' own Return-on-Tangible-Equity has ranged from 6.27 to 34.04 over the past decade. While the company's 10-year median is 13.59 vs. the industry median of 5.32, Santec Holdings 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. Santec Holdings's current Return-on-Tangible-Equity of 40.88% is 668.4% 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 Santec Holdings 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. Santec Holdings's current Return-on-Tangible-Equity is 40.88%, which is 201% above median its own 10-year median of 13.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Santec Holdings stock overvalued right now?
Based on GuruFocus' analysis, Santec Holdings (TSE:6777) is currently considered Significantly Overvalued. The stock's GF Value™ is 円9,258.72, compared to a current price of 円18,630.00 — trading 101.2% above its estimated fair value. The current Return-on-Tangible-Equity is 40.88%, which is 201% above median its 10-year median of 13.59 and 668.4% above the Hardware industry median of 5.32. Santec Holdings' overall GF Score™ is 87/100. 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 Santec Holdings (TSE:6777), the current Return-on-Tangible-Equity is 40.88% 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 Santec Holdings (TSE:6777) Overvalued in 2026?
Based on GuruFocus' analysis, Santec Holdings stock appears to be overvalued.
The current stock price of 円18,630.00 is trading 101.2% above its estimated GF Value™ of 円9,258.72.
GuruFocus considers Santec Holdings to be Significantly Overvalued.
Key valuation signals for TSE:6777:
Return-on-Tangible-Equity: 40.88% (201% above median its 10-year median of 13.59)
GF Value™: 円9,258.72 vs. price of 円18,630.00 (101.2% above fair value)
Industry Position: 668.4% above the Hardware median (#160 of 2385)
No single metric tells the full story. See the TSE:6777 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Santec Holdings Corp develops, manufactures and sells optical parts and optical measuring instruments. It operates in three segments namely the optical parts segment, the optical measuring instruments segment & the system solution segments. The company's product has application in White Papers, Optical Communication, Medical Imaging, Opto-electronics, Optical Instruments and AV Cable.
87GF Score
Get the complete analysis for TSE:6777
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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