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.
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.
Tokyo Radiator Mfg CoTSE:7235 -2.23%80 Return-on-Tangible-Equity is 8.59% as of Mar. 2026, which is 71% above its 10-year median of 5.01. GuruFocus rates TSE:7235 with a GF Score™ of 80/100 and a GF Value™ of 円956.17 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,283 Vehicles & Parts companies, Tokyo Radiator Mfg Co ranks better than 55.88% 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. Tokyo Radiator Mfg Co's annualized net income for the quarter that ended in Mar. 2026 was 円1,969 Mil. Tokyo Radiator Mfg Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円22,929 Mil. Therefore, Tokyo Radiator Mfg Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.59%.
The historical rank and industry rank for Tokyo Radiator Mfg Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:7235'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.76 Med: 5.01 Max: 9.11
Current: 9.04
During the past 13 years, Tokyo Radiator Mfg Co's highest Return-on-Tangible-Equity was 9.11%. The lowest was -3.76%. And the median was 5.01%.
TSE:7235's Return-on-Tangible-Equity is ranked better than 55.88% of 1283
companies
in the Vehicles & Parts industry
Industry Median: 7.58
vs TSE:7235: 9.04
Tokyo Radiator Mfg Co (TSE:7235) 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.
Tokyo Radiator Mfg Co Return-on-Tangible-Equity Related Terms
Tokyo Radiator Mfg Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tokyo Radiator Mfg 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.
Tokyo Radiator Mfg Co Return-on-Tangible-Equity Chart
TSE:7235 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Tokyo Radiator Mfg 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.
Tokyo Radiator Mfg Co Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tokyo Radiator Mfg Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tokyo Radiator Mfg 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 two times the semi-annual (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 8.59% mean?
Tokyo Radiator Mfg Co (TSE:7235) has a Return-on-Tangible-Equity of 8.59% 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 Tokyo Radiator Mfg Co and its competitors. This is 71% above median its historical median of 5.01. According to the industry distribution chart, Tokyo Radiator Mfg Co ranks #566 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 44.1%.
Is Tokyo Radiator Mfg Co's Return-on-Tangible-Equity too high?
Tokyo Radiator Mfg Co's current Return-on-Tangible-Equity of 8.59% is 71% above median its 10-year median of 5.01. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.58. Tokyo Radiator Mfg Co's value of 8.59% is 13.3% above this industry median. Based on the distribution chart, Tokyo Radiator Mfg Co ranks #566 out of 1283 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Tokyo Radiator Mfg Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Radiator Mfg Co's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tokyo Radiator Mfg Co ranks #566 out of 1283 companies for Return-on-Tangible-Equity. This puts Tokyo Radiator Mfg Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.58. Tokyo Radiator Mfg Co's value of 8.59% is 13.3% above this benchmark. While the company's 10-year median is 5.01 vs. the industry median of 7.58, Tokyo Radiator Mfg 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.58, based on 1,283 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. Tokyo Radiator Mfg Co's current Return-on-Tangible-Equity of 8.59% is 13.3% 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 Tokyo Radiator Mfg Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Radiator Mfg Co's current Return-on-Tangible-Equity is 8.59%, which is 71% above median its own 10-year median of 5.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Radiator Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Radiator Mfg Co (TSE:7235) is currently considered Significantly Overvalued. The stock's GF Value™ is 円956.17, compared to a current price of 円1,488.00 — trading 55.6% above its estimated fair value. The current Return-on-Tangible-Equity is 8.59%, which is 71% above median its 10-year median of 5.01 and 13.3% above the Vehicles & Parts industry median of 7.58. Tokyo Radiator Mfg Co's overall GF Score™ is 80/100 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 Tokyo Radiator Mfg Co (TSE:7235), the current Return-on-Tangible-Equity is 8.59% 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 Tokyo Radiator Mfg Co (TSE:7235) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Radiator Mfg Co stock appears to be overvalued.
The current stock price of 円1,488.00 is trading 55.6% above its estimated GF Value™ of 円956.17.
GuruFocus considers Tokyo Radiator Mfg Co to be Significantly Overvalued.
Key valuation signals for TSE:7235:
Return-on-Tangible-Equity: 8.59% (71% above median its 10-year median of 5.01)
GF Value™: 円956.17 vs. price of 円1,488.00 (55.6% above fair value)
Industry Position: 13.3% above the Vehicles & Parts median (#566 of 1283)
No single metric tells the full story. See the TSE:7235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Radiator Mfg Co Ltd manufactures and sells heat exchangers and body components in Japan. Its products include parts for heat exchangers, such as radiators, exhaust gas recirculation (EGR) coolers, oil coolers, and fuel coolers, among others; as well as automobile body components, such as oil pans, vacuum tanks, fuel tanks, and selective catalytic reduction (SCR) tanks.
80GF Score
Get the complete analysis for TSE:7235
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:7235 has been successfully added to your 
