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Maruka Furusato (TSE:7128) Return-on-Tangible-Equity : 3.81% (As of Dec. 2024)


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What is Maruka Furusato Return-on-Tangible-Equity?

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. Maruka Furusato's annualized net income for the quarter that ended in Dec. 2024 was 円2,660 Mil. Maruka Furusato's average shareholder tangible equity for the quarter that ended in Dec. 2024 was 円69,756 Mil. Therefore, Maruka Furusato's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 3.81%.

The historical rank and industry rank for Maruka Furusato's Return-on-Tangible-Equity or its related term are showing as below:

TSE:7128' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.47   Med: 6.81   Max: 6.81
Current: 6.47

During the past 3 years, Maruka Furusato's highest Return-on-Tangible-Equity was 6.81%. The lowest was 6.47%. And the median was 6.81%.

TSE:7128's Return-on-Tangible-Equity is ranked worse than
64.94% of 154 companies
in the Industrial Distribution industry
Industry Median: 9.24 vs TSE:7128: 6.47

Maruka Furusato Return-on-Tangible-Equity Historical Data

The historical data trend for Maruka Furusato'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.

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Maruka Furusato Return-on-Tangible-Equity Chart

Maruka Furusato Annual Data
Trend Dec21 Dec22 Dec23
Return-on-Tangible-Equity
- 6.80 6.81

Maruka Furusato Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.06 12.58 6.27 3.81 3.26

Competitive Comparison of Maruka Furusato's Return-on-Tangible-Equity

For the Industrial Distribution subindustry, Maruka Furusato'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.


Maruka Furusato's Return-on-Tangible-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Maruka Furusato's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Maruka Furusato's Return-on-Tangible-Equity falls into.


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Maruka Furusato Return-on-Tangible-Equity Calculation

Maruka Furusato's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=4698/( (69066+69000 )/ 2 )
=4698/69033
=6.81 %

Maruka Furusato's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=2660/( (69572+69940)/ 2 )
=2660/69756
=3.81 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Maruka Furusato  (TSE:7128) 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.


Maruka Furusato Return-on-Tangible-Equity Related Terms

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Maruka Furusato Business Description

Traded in Other Exchanges
N/A
Address
1-2-10, Minamishin-machi, Chuo-ku, Osaka, JPN, 540-0024
Website
Maruka Furusato Corp along with its subsidiaries is engaged in business of sales of machinery, sales of tools, sales of peripherals, rental of equipment and other related services.

Maruka Furusato Headlines

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