Kyowa Electronic Instruments Co (TSE:6853) Return-on-Tangible-Equity: 0.00% (As of Dec. 2025)

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:6853 Kyowa Electronic Instruments Co Ltd TSE:6853
71 GF Score
Price 円766.00
GF Value 円497.19
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Kyowa Electronic Instruments Co Return-on-Tangible-Equity?

Kyowa Electronic Instruments Co TSE:6853 -1.79% 71 Return-on-Tangible-Equity is 0.00% as of Dec. 2025. GuruFocus rates TSE:6853 with a GF Score™ of 71/100 and a GF Value™ of 円497.19 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,385 Hardware companies, Kyowa Electronic Instruments Co ranks worse than 56.56% 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. Kyowa Electronic Instruments Co's annualized net income for the quarter that ended in Dec. 2025 was 円0 Mil. Kyowa Electronic Instruments Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円17,152 Mil. Therefore, Kyowa Electronic Instruments Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.00%.

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

TSE:6853' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.43   Med: 5.87   Max: 7.16
Current: 3.61

During the past 13 years, Kyowa Electronic Instruments Co's highest Return-on-Tangible-Equity was 7.16%. The lowest was 3.43%. And the median was 5.87%.

TSE:6853's Return-on-Tangible-Equity is ranked worse than
56.56% of 2385 companies
in the Hardware industry
Industry Median: 5.32 vs TSE:6853: 3.61

Kyowa Electronic Instruments Co  (TSE:6853) 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.


Kyowa Electronic Instruments Co Return-on-Tangible-Equity Related Terms


Kyowa Electronic Instruments Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Kyowa Electronic Instruments 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.

Kyowa Electronic Instruments Co Return-on-Tangible-Equity Chart

Kyowa Electronic Instruments 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 4.19 3.43 5.29 6.10 5.87

Kyowa Electronic Instruments Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10.79 1.74 0.00 0.00 12.54

TSE:6853 vs COHR, KEYS, GRMN: Return-on-Tangible-Equity Comparison

For the Scientific & Technical Instruments subindustry, Kyowa Electronic Instruments 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.


Kyowa Electronic Instruments Co Return-on-Tangible-Equity vs Hardware Industry

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

* The bar in red indicates where Kyowa Electronic Instruments Co's Return-on-Tangible-Equity falls into.


TSE:6853
71GF Score
Kyowa Electronic Instruments Co Ltd TSE:6853
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kyowa Electronic Instruments Co Return-on-Tangible-Equity Calculation

Kyowa Electronic Instruments 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 )
=1033.33/( (17693.35+17522.808 )/ 2 )
=1033.33/17608.079
=5.87 %

Kyowa Electronic Instruments 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: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=0/( (16780.205+17522.808)/ 2 )
=0/17151.5065
=0.00 %

* 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 (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 0.00% mean?
Kyowa Electronic Instruments Co (TSE:6853) has a Return-on-Tangible-Equity of 0.00% 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 Kyowa Electronic Instruments Co and its competitors. Over the past decade, Kyowa Electronic Instruments Co's Return-on-Tangible-Equity has ranged from 3.43 to 7.16. According to the industry distribution chart, Kyowa Electronic Instruments Co ranks #1349 out of 2385 companies in the Hardware industry, placing it in the top 56.6%.
Is Kyowa Electronic Instruments Co's Return-on-Tangible-Equity too high?
Kyowa Electronic Instruments Co's current Return-on-Tangible-Equity is 0.00%. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 7.16. Based on the distribution chart, Kyowa Electronic Instruments Co ranks #1349 out of 2385 companies in the Hardware industry, which is below the industry midpoint. Overall, Kyowa Electronic Instruments Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kyowa Electronic Instruments Co's Return-on-Tangible-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, Kyowa Electronic Instruments Co ranks #1349 out of 2385 companies for Return-on-Tangible-Equity. This places Kyowa Electronic Instruments Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Historically, Kyowa Electronic Instruments Co's own Return-on-Tangible-Equity has ranged from 3.43 to 7.16 over the past decade. 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. 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 Kyowa Electronic Instruments 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. Kyowa Electronic Instruments Co's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyowa Electronic Instruments Co stock overvalued right now?
Based on GuruFocus' analysis, Kyowa Electronic Instruments Co (TSE:6853) is currently considered Significantly Overvalued. The stock's GF Value™ is 円497.19, compared to a current price of 円766.00 — trading 54.1% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Kyowa Electronic Instruments Co's overall GF Score™ is 71/100 with 1 warning sign 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 Kyowa Electronic Instruments Co (TSE:6853), the current Return-on-Tangible-Equity is 0.00% 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 Kyowa Electronic Instruments Co (TSE:6853) Overvalued in 2026?

Based on GuruFocus' analysis, Kyowa Electronic Instruments Co stock appears to be overvalued. The current stock price of 円766.00 is trading 54.1% above its estimated GF Value™ of 円497.19. GuruFocus considers Kyowa Electronic Instruments Co to be Significantly Overvalued.

Key valuation signals for TSE:6853:

  • Return-on-Tangible-Equity: 0.00%
  • GF Value™: 円497.19 vs. price of 円766.00 (54.1% above fair value)
  • GF Score™: 71/100 with 1 warning sign

No single metric tells the full story. See the TSE:6853 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kyowa Electronic Instruments Co Business Description

Address 3-5-1, Chofugaoka, Chofu, Tokyo, JPN, 182-8520
Kyowa Electronic Instruments Co Ltd is engaged in the manufacturing and distribution of stress measurement devices in experimental research fields of government offices, corporations, and universities. It is also involved in the manufacturing and distribution of various measurement devices for civil engineering and construction. In addition to product and system development, design and fabrication, the company also offers a comprehensive services from proposals for measurement technology tailored to specific issues to technical support and maintenance. It mainly serves the government and municipal offices, national, public, and private universities, construction industry, textile/ chemical industry, petroleum industry, and rubber industry.
71GF Score

Get the complete analysis for TSE:6853

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

円766.00
Price
円497.19
GF Value