Micreed Co (TSE:7687) Return-on-Tangible-Equity: 17.32% (As of Mar. 2026) — Near Median

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TSE:7687 Micreed Co Ltd TSE:7687
65 GF Score
Price 円424.00
GF Value 円626.66
Valuation Significantly Undervalued
View Full Analysis

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

Micreed Co TSE:7687 +0.95% 65 Return-on-Tangible-Equity is 17.32% as of Mar. 2026, which is 8% above its 10-year median of 16.03. GuruFocus rates TSE:7687 with a GF Score™ of 65/100 and a GF Value™ of 円626.66 (Significantly Undervalued). Among 302 Retail - Defensive companies, Micreed Co ranks better than 70.2% 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. Micreed Co's annualized net income for the quarter that ended in Mar. 2026 was 円244 Mil. Micreed Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円1,409 Mil. Therefore, Micreed Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.32%.

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

TSE:7687' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.05   Med: 16.03   Max: 22.6
Current: 20.54

During the past 9 years, Micreed Co's highest Return-on-Tangible-Equity was 22.60%. The lowest was -11.05%. And the median was 16.03%.

TSE:7687's Return-on-Tangible-Equity is ranked better than
70.2% of 302 companies
in the Retail - Defensive industry
Industry Median: 10.91 vs TSE:7687: 20.54

Micreed Co  (TSE:7687) 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.


Micreed Co Return-on-Tangible-Equity Related Terms


Micreed Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Micreed 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.

Micreed Co Return-on-Tangible-Equity Chart

Micreed Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only -5.01 16.58 22.60 22.08 20.60

Micreed Co Semi-Annual Data
Mar18 Mar19 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 21.38 22.10 22.14 23.94 17.32

TSE:7687 vs SYY, USFD, PFGC: Return-on-Tangible-Equity Comparison

For the Food Distribution subindustry, Micreed 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.


Micreed Co Return-on-Tangible-Equity vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Micreed Co's Return-on-Tangible-Equity distribution charts can be found below:

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


TSE:7687
65GF Score
Micreed Co Ltd TSE:7687
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Micreed Co Return-on-Tangible-Equity Calculation

Micreed 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 )
=279/( (1257+1452 )/ 2 )
=279/1354.5
=20.60 %

Micreed 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 )
=244/( (1366+1452)/ 2 )
=244/1409
=17.32 %

* 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 17.32% mean?
Micreed Co (TSE:7687) has a Return-on-Tangible-Equity of 17.32% 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 Micreed Co and its competitors. This is near median its historical median of 16.03. According to the industry distribution chart, Micreed Co ranks #90 out of 302 companies in the Retail - Defensive industry, placing it in the top 29.8%.
Is Micreed Co's Return-on-Tangible-Equity too high?
Micreed Co's current Return-on-Tangible-Equity of 17.32% is near median its 10-year median of 16.03. The Retail - Defensive industry median Return-on-Tangible-Equity is 10.91. Micreed Co's value of 17.32% is 58.8% above this industry median. Based on the distribution chart, Micreed Co ranks #90 out of 302 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Micreed Co has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Micreed Co's Return-on-Tangible-Equity compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Micreed Co ranks #90 out of 302 companies for Return-on-Tangible-Equity. This puts Micreed Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.91. Micreed Co's value of 17.32% is 58.8% above this benchmark. While the company's 10-year median is 16.03 vs. the industry median of 10.91, Micreed 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 - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 10.91, based on 302 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. Micreed Co's current Return-on-Tangible-Equity of 17.32% is 58.8% 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 Micreed Co and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 10.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micreed Co's current Return-on-Tangible-Equity is 17.32%, which is near median its own 10-year median of 16.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micreed Co stock overvalued right now?
Based on GuruFocus' analysis, Micreed Co (TSE:7687) is currently considered Significantly Undervalued. The stock's GF Value™ is 円626.66, compared to a current price of 円424.00 — trading 32.3% below its estimated fair value. The current Return-on-Tangible-Equity is 17.32%, which is near median its 10-year median of 16.03 and 58.8% above the Retail - Defensive industry median of 10.91. Micreed Co's overall GF Score™ is 65/100. 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 Micreed Co (TSE:7687), the current Return-on-Tangible-Equity is 17.32% 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 Micreed Co (TSE:7687) Overvalued in 2026?

Based on GuruFocus' analysis, Micreed Co stock appears to be undervalued. The current stock price of 円424.00 is trading 32.3% below its estimated GF Value™ of 円626.66. GuruFocus considers Micreed Co to be Significantly Undervalued.

Key valuation signals for TSE:7687:

  • Return-on-Tangible-Equity: 17.32% (near median its 10-year median of 16.03)
  • GF Value™: 円626.66 vs. price of 円424.00 (32.3% below fair value)
  • GF Score™: 65/100
  • Industry Position: 58.8% above the Retail - Defensive median (#90 of 302)

No single metric tells the full story. See the TSE:7687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micreed Co Business Description

Address 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Shinjuku Monolith 28th Floor, Shipping Center: Narashino City, Chiba Prefecture, Order Center Saga City, Saga Prefecture, Tokyo, JPN, 103-0027
Micreed Co Ltd is engaged in the planning and sales of commercial ingredients for restaurants. The company sells products such as meat, fish, vegetables, skewers, fried foods, and desserts, frozen foods. It serves small and medium-sized restaurants, mainly privately owned izakayas. The Company operates a single segment, the mail order business of food ingredients for commercial use.
65GF Score

Get the complete analysis for TSE:7687

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

円424.00
Price
円626.66
GF Value