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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. Matsuo Electric Co's annualized net income for the quarter that ended in Mar. 2026 was 円50 Mil. Matsuo Electric Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円4,477 Mil. Therefore, Matsuo Electric Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.11%.
The historical rank and industry rank for Matsuo Electric Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6969'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -37.19 Med: -1.64 Max: 18.56
Current: 10.72
During the past 13 years, Matsuo Electric Co's highest Return-on-Tangible-Equity was 18.56%. The lowest was -37.19%. And the median was -1.64%.
TSE:6969's Return-on-Tangible-Equity is ranked better than 68.65% of 2383
companies
in the Hardware industry
Industry Median: 5.34
vs TSE:6969: 10.72
Matsuo Electric Co (TSE:6969) 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.
Matsuo Electric Co Return-on-Tangible-Equity Related Terms
Matsuo Electric Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Matsuo Electric 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.
Matsuo Electric Co Return-on-Tangible-Equity Chart
TSE:6969 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Matsuo Electric 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.
Matsuo Electric Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Matsuo Electric Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Matsuo Electric 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 1.11% mean?
Matsuo Electric Co (TSE:6969) has a Return-on-Tangible-Equity of 1.11% 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 Matsuo Electric Co and its competitors. According to the industry distribution chart, Matsuo Electric Co ranks #747 out of 2383 companies in the Hardware industry, placing it in the top 31.3%.
Is Matsuo Electric Co's Return-on-Tangible-Equity too high?
Matsuo Electric Co's current Return-on-Tangible-Equity is 1.11%. The Hardware industry median Return-on-Tangible-Equity is 5.34. Matsuo Electric Co's value of 1.11% is 79.2% below this industry median. Based on the distribution chart, Matsuo Electric Co ranks #747 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, Matsuo Electric Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Matsuo Electric Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Matsuo Electric Co ranks #747 out of 2383 companies for Return-on-Tangible-Equity. This puts Matsuo Electric Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.34. Matsuo Electric Co's value of 1.11% is 79.2% below this benchmark. 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 5.34, based on 2,383 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. Matsuo Electric Co's current Return-on-Tangible-Equity of 1.11% is 79.2% 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 Matsuo Electric Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matsuo Electric Co's current Return-on-Tangible-Equity is 1.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matsuo Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Matsuo Electric Co (TSE:6969) is currently considered Significantly Overvalued. The stock's GF Value™ is 円711.73, compared to a current price of 円1,075.00 — trading 51% above its estimated fair value. The current Return-on-Tangible-Equity is 1.11% and 79.2% below the Hardware industry median of 5.34. Matsuo Electric Co's overall GF Score™ is 58/100 with 2 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 Matsuo Electric Co (TSE:6969), the current Return-on-Tangible-Equity is 1.11% 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 Matsuo Electric Co (TSE:6969) Overvalued in 2026?
Based on GuruFocus' analysis, Matsuo Electric Co stock appears to be overvalued.
The current stock price of 円1,075.00 is trading 51% above its estimated GF Value™ of 円711.73.
GuruFocus considers Matsuo Electric Co to be Significantly Overvalued.
Key valuation signals for TSE:6969:
Return-on-Tangible-Equity: 1.11%
GF Value™: 円711.73 vs. price of 円1,075.00 (51% above fair value)
Industry Position: 79.2% below the Hardware median (#747 of 2383)
No single metric tells the full story. See the TSE:6969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Matsuo Electric Co Ltd is a Japan-based company engages in the manufacturing and marketing of tantalum capacitors, film capacitors, and circuit protection components.
58GF Score
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