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Okamoto Glass CoTSE:7746 +0.75%45 Return-on-Tangible-Equity is 5.96% as of Mar. 2026, which is 50% above its 10-year median of 3.98. GuruFocus rates TSE:7746 with a GF Score™ of 45/100 and a GF Value™ of 円130.88 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,385 Hardware companies, Okamoto Glass Co ranks worse than 78.99% 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. Okamoto Glass Co's annualized net income for the quarter that ended in Mar. 2026 was 円154 Mil. Okamoto Glass Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円2,585 Mil. Therefore, Okamoto Glass Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.96%.
The historical rank and industry rank for Okamoto Glass Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:7746'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -54.5 Med: 3.98 Max: 15.99
Current: -6.43
During the past 13 years, Okamoto Glass Co's highest Return-on-Tangible-Equity was 15.99%. The lowest was -54.50%. And the median was 3.98%.
TSE:7746's Return-on-Tangible-Equity is ranked worse than 78.99% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs TSE:7746: -6.43
Okamoto Glass Co (TSE:7746) 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.
Okamoto Glass Co Return-on-Tangible-Equity Related Terms
Okamoto Glass Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Okamoto Glass 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.
TSE:7746 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Okamoto Glass 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.
Okamoto Glass Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Okamoto Glass Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Okamoto Glass 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 5.96% mean?
Okamoto Glass Co (TSE:7746) has a Return-on-Tangible-Equity of 5.96% 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 Okamoto Glass Co and its competitors. This is 50% above median its historical median of 3.98. According to the industry distribution chart, Okamoto Glass Co ranks #1884 out of 2385 companies in the Hardware industry, placing it in the top 79%.
Is Okamoto Glass Co's Return-on-Tangible-Equity too high?
Okamoto Glass Co's current Return-on-Tangible-Equity of 5.96% is 50% above median its 10-year median of 3.98. The Hardware industry median Return-on-Tangible-Equity is 5.32. Okamoto Glass Co's value of 5.96% is 12% above this industry median. Based on the distribution chart, Okamoto Glass Co ranks #1884 out of 2385 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Okamoto Glass Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okamoto Glass Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Okamoto Glass Co ranks #1884 out of 2385 companies for Return-on-Tangible-Equity. This places Okamoto Glass Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Okamoto Glass Co's value of 5.96% is 12% above this benchmark. While the company's 10-year median is 3.98 vs. the industry median of 5.32, Okamoto Glass 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,385 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. Okamoto Glass Co's current Return-on-Tangible-Equity of 5.96% is 12% 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 Okamoto Glass Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okamoto Glass Co's current Return-on-Tangible-Equity is 5.96%, which is 50% above median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okamoto Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Okamoto Glass Co (TSE:7746) is currently considered Significantly Overvalued. The stock's GF Value™ is 円130.88, compared to a current price of 円802.00 — trading 512.8% above its estimated fair value. The current Return-on-Tangible-Equity is 5.96%, which is 50% above median its 10-year median of 3.98 and 12% above the Hardware industry median of 5.32. Okamoto Glass Co's overall GF Score™ is 45/100 with 5 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 Okamoto Glass Co (TSE:7746), the current Return-on-Tangible-Equity is 5.96% 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 Okamoto Glass Co (TSE:7746) Overvalued in 2026?
Based on GuruFocus' analysis, Okamoto Glass Co stock appears to be overvalued.
The current stock price of 円802.00 is trading 512.8% above its estimated GF Value™ of 円130.88.
GuruFocus considers Okamoto Glass Co to be Significantly Overvalued.
Key valuation signals for TSE:7746:
Return-on-Tangible-Equity: 5.96% (50% above median its 10-year median of 3.98)
GF Value™: 円130.88 vs. price of 円802.00 (512.8% above fair value)
Industry Position: 12% above the Hardware median (#1884 of 2385)
No single metric tells the full story. See the TSE:7746 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okamoto Glass Co Ltd is engaged in the manufacture and sale of new glass for optical devices and multilayer film evaporation products. The products of the company include glass material, glass molded items, optical and functional coating, glass bulb, and glass frit.
45GF Score
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