Musashi Co (TSE:7521) Return-on-Tangible-Equity: 8.58% (As of Mar. 2026) — 177% Above Median

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TSE:7521 Musashi Co Ltd TSE:7521
67 GF Score
Price 円2,675.00
GF Value 円2,003.41
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Musashi Co Return-on-Tangible-Equity?

Musashi Co TSE:7521 +1.56% 67 Return-on-Tangible-Equity is 8.58% as of Mar. 2026, which is 177% above its 10-year median of 3.10. GuruFocus rates TSE:7521 with a GF Score™ of 67/100 and a GF Value™ of 円2,003.41 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 550 Conglomerates companies, Musashi Co ranks better than 52.36% 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. Musashi Co's annualized net income for the quarter that ended in Mar. 2026 was 円3,060 Mil. Musashi Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円35,685 Mil. Therefore, Musashi Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.58%.

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

TSE:7521' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.1   Med: 3.1   Max: 10.75
Current: 8

During the past 13 years, Musashi Co's highest Return-on-Tangible-Equity was 10.75%. The lowest was -0.10%. And the median was 3.10%.

TSE:7521's Return-on-Tangible-Equity is ranked better than
52.36% of 550 companies
in the Conglomerates industry
Industry Median: 7.465 vs TSE:7521: 8.00

Musashi Co  (TSE:7521) 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.


Musashi Co Return-on-Tangible-Equity Related Terms


Musashi Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Musashi 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.

Musashi Co Return-on-Tangible-Equity Chart

Musashi Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.67 6.37 2.62 10.75 7.98

Musashi Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.81 9.77 11.79 7.41 8.58

TSE:7521 vs HON, MMM: Return-on-Tangible-Equity Comparison

For the Conglomerates subindustry, Musashi 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.


Musashi Co Return-on-Tangible-Equity vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Musashi Co's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:7521
67GF Score
Musashi Co Ltd TSE:7521
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Musashi Co Return-on-Tangible-Equity Calculation

Musashi Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=2803/( (33761+36451 )/ 2 )
=2803/35106
=7.98 %

Musashi Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=3060/( (34919+36451)/ 2 )
=3060/35685
=8.58 %

* 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 8.58% mean?
Musashi Co (TSE:7521) has a Return-on-Tangible-Equity of 8.58% 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 Musashi Co and its competitors. This is 177% above median its historical median of 3.10. According to the industry distribution chart, Musashi Co ranks #262 out of 550 companies in the Conglomerates industry, placing it in the top 47.6%.
Is Musashi Co's Return-on-Tangible-Equity too high?
Musashi Co's current Return-on-Tangible-Equity of 8.58% is 177% above median its 10-year median of 3.10. The Conglomerates industry median Return-on-Tangible-Equity is 7.47. Musashi Co's value of 8.58% is 14.9% above this industry median. Based on the distribution chart, Musashi Co ranks #262 out of 550 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Musashi Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Musashi Co's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Musashi Co ranks #262 out of 550 companies for Return-on-Tangible-Equity. This puts Musashi Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.47. Musashi Co's value of 8.58% is 14.9% above this benchmark. While the company's 10-year median is 3.10 vs. the industry median of 7.47, Musashi 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.47, based on 550 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. Musashi Co's current Return-on-Tangible-Equity of 8.58% is 14.9% 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 Musashi Co and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Musashi Co's current Return-on-Tangible-Equity is 8.58%, which is 177% above median its own 10-year median of 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Musashi Co stock overvalued right now?
Based on GuruFocus' analysis, Musashi Co (TSE:7521) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,003.41, compared to a current price of 円2,675.00 — trading 33.5% above its estimated fair value. The current Return-on-Tangible-Equity is 8.58%, which is 177% above median its 10-year median of 3.10 and 14.9% above the Conglomerates industry median of 7.47. Musashi Co's overall GF Score™ is 67/100 with 3 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 Musashi Co (TSE:7521), the current Return-on-Tangible-Equity is 8.58% 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 Musashi Co (TSE:7521) Overvalued in 2026?

Based on GuruFocus' analysis, Musashi Co stock appears to be overvalued. The current stock price of 円2,675.00 is trading 33.5% above its estimated GF Value™ of 円2,003.41. GuruFocus considers Musashi Co to be Significantly Overvalued.

Key valuation signals for TSE:7521:

  • Return-on-Tangible-Equity: 8.58% (177% above median its 10-year median of 3.10)
  • GF Value™: 円2,003.41 vs. price of 円2,675.00 (33.5% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 14.9% above the Conglomerates median (#262 of 550)

No single metric tells the full story. See the TSE:7521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Musashi Co Business Description

Address 8-20-36 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Musashi Co Ltd is engaged in the sale of system equipment. It offers information/industrial systems equipment, printing systems equipment, cash handling systems equipment, and election systems equipment among others. It is also engaged in Planning, development, manufacturing, sales, and software sales of election system equipment and Sales of paper and paper processed goods.
67GF Score

Get the complete analysis for TSE:7521

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

円2,675.00
Price
円2,003.41
GF Value