New Art Holdings Co (TSE:7638) Return-on-Tangible-Equity: 28.04% (As of Mar. 2026) — 61% Above Median

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TSE:7638 New Art Holdings Co Ltd TSE:7638
77 GF Score
Price 円1,368.00
GF Value 円2,094.61
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is New Art Holdings Co Return-on-Tangible-Equity?

New Art Holdings Co TSE:7638 -0.94% 77 Return-on-Tangible-Equity is 28.04% as of Mar. 2026, which is 61% above its 10-year median of 17.39. GuruFocus rates TSE:7638 with a GF Score™ of 77/100 and a GF Value™ of 円2,094.61 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,060 Retail - Cyclical companies, New Art Holdings Co ranks better than 76.89% 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. New Art Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was 円2,735 Mil. New Art Holdings Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円9,754 Mil. Therefore, New Art Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 28.04%.

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

TSE:7638' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.47   Med: 17.39   Max: 24.97
Current: 24.97

During the past 13 years, New Art Holdings Co's highest Return-on-Tangible-Equity was 24.97%. The lowest was 1.47%. And the median was 17.39%.

TSE:7638's Return-on-Tangible-Equity is ranked better than
76.89% of 1060 companies
in the Retail - Cyclical industry
Industry Median: 8.455 vs TSE:7638: 24.97

New Art Holdings Co  (TSE:7638) 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.


New Art Holdings Co Return-on-Tangible-Equity Related Terms


New Art Holdings Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for New Art Holdings 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.

New Art Holdings Co Return-on-Tangible-Equity Chart

New Art Holdings 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 16.66 19.01 12.60 23.18 24.90

New Art Holdings 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 8.91 10.91 38.03 21.75 28.04

TSE:7638 vs TPR: Return-on-Tangible-Equity Comparison

For the Luxury Goods subindustry, New Art Holdings 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.


New Art Holdings Co Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, New Art Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:7638
77GF Score
New Art Holdings Co Ltd TSE:7638
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Art Holdings Co Return-on-Tangible-Equity Calculation

New Art Holdings 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 )
=2353.759/( (8766.215+10142.216 )/ 2 )
=2353.759/9454.2155
=24.90 %

New Art Holdings 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 )
=2735.252/( (9366.288+10142.216)/ 2 )
=2735.252/9754.252
=28.04 %

* 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 28.04% mean?
New Art Holdings Co (TSE:7638) has a Return-on-Tangible-Equity of 28.04% 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 New Art Holdings Co and its competitors. This is 61% above median its historical median of 17.39. Over the past decade, New Art Holdings Co's Return-on-Tangible-Equity has ranged from 1.47 to 24.97. According to the industry distribution chart, New Art Holdings Co ranks #245 out of 1060 companies in the Retail - Cyclical industry, placing it in the top 23.1%.
Is New Art Holdings Co's Return-on-Tangible-Equity too high?
New Art Holdings Co's current Return-on-Tangible-Equity of 28.04% is 61% above median its 10-year median of 17.39. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 24.97. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.46. New Art Holdings Co's value of 28.04% is 231.6% above this industry median. Based on the distribution chart, New Art Holdings Co ranks #245 out of 1060 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, New Art Holdings Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Art Holdings Co's Return-on-Tangible-Equity compare to TPR?
According to the Retail - Cyclical industry distribution chart, New Art Holdings Co ranks #245 out of 1060 companies for Return-on-Tangible-Equity. This places New Art Holdings Co in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.46. New Art Holdings Co's value of 28.04% is 231.6% above this benchmark. Historically, New Art Holdings Co's own Return-on-Tangible-Equity has ranged from 1.47 to 24.97 over the past decade. While the company's 10-year median is 17.39 vs. the industry median of 8.46, New Art Holdings 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.46, based on 1,060 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. New Art Holdings Co's current Return-on-Tangible-Equity of 28.04% is 231.6% 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 New Art Holdings Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Art Holdings Co's current Return-on-Tangible-Equity is 28.04%, which is 61% above median its own 10-year median of 17.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Art Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, New Art Holdings Co (TSE:7638) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,094.61, compared to a current price of 円1,368.00 — trading 34.7% below its estimated fair value. The current Return-on-Tangible-Equity is 28.04%, which is 61% above median its 10-year median of 17.39 and 231.6% above the Retail - Cyclical industry median of 8.46. New Art Holdings Co's overall GF Score™ is 77/100 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 New Art Holdings Co (TSE:7638), the current Return-on-Tangible-Equity is 28.04% 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 New Art Holdings Co (TSE:7638) Overvalued in 2026?

Based on GuruFocus' analysis, New Art Holdings Co stock appears to be undervalued. The current stock price of 円1,368.00 is trading 34.7% below its estimated GF Value™ of 円2,094.61. GuruFocus considers New Art Holdings Co to be Significantly Undervalued.

Key valuation signals for TSE:7638:

  • Return-on-Tangible-Equity: 28.04% (61% above median its 10-year median of 17.39)
  • GF Value™: 円2,094.61 vs. price of 円1,368.00 (34.7% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 231.6% above the Retail - Cyclical median (#245 of 1060)

No single metric tells the full story. See the TSE:7638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Art Holdings Co Business Description

Address 2-6-3 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
New Art Holdings Co Ltd is engaged in the business of jewellery business which include bridal jewellery, beauty salon, and art business. The products of the company includes ginza diamond shiraji and exelco diamond. The company's segments: Jewelry and Art Auction Business; Health & Beauty business; and Other Businesses.
77GF Score

Get the complete analysis for TSE:7638

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

円1,368.00
Price
円2,094.61
GF Value