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Shoei CoTSE:7839 +0.21%99 Return-on-Tangible-Equity is 22.38% as of Mar. 2026, which is 3% above its 10-year median of 21.69. GuruFocus rates TSE:7839 with a GF Score™ of 99/100 and a GF Value™ of 円1,985.41 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Shoei Co ranks better than 88.51% 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. Shoei Co's annualized net income for the quarter that ended in Mar. 2026 was 円6,690 Mil. Shoei Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円29,893 Mil. Therefore, Shoei Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 22.38%.
The historical rank and industry rank for Shoei Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:7839'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 20 Med: 21.69 Max: 29.26
Current: 21.38
During the past 13 years, Shoei Co's highest Return-on-Tangible-Equity was 29.26%. The lowest was 20.00%. And the median was 21.69%.
TSE:7839's Return-on-Tangible-Equity is ranked better than 88.51% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.425
vs TSE:7839: 21.38
Shoei Co (TSE:7839) 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.
Shoei Co Return-on-Tangible-Equity Related Terms
Shoei Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shoei 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:7839 vs NKE, DECK, ONON: Return-on-Tangible-Equity Comparison
For the Footwear & Accessories subindustry, Shoei 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.
Shoei Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shoei Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shoei 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 four times the quarterly (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 22.38% mean?
Shoei Co (TSE:7839) has a Return-on-Tangible-Equity of 22.38% 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 Shoei Co and its competitors. This is near median its historical median of 21.69. Over the past decade, Shoei Co's Return-on-Tangible-Equity has ranged from 20.00 to 29.26. According to the industry distribution chart, Shoei Co ranks #117 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 11.5%.
Is Shoei Co's Return-on-Tangible-Equity too high?
Shoei Co's current Return-on-Tangible-Equity of 22.38% is near median its 10-year median of 21.69. Over the past 10 years, this metric has ranged from a low of 20.00 to a high of 29.26. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Shoei Co's value of 22.38% is 405.8% above this industry median. Based on the distribution chart, Shoei Co ranks #117 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Shoei Co has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shoei Co's Return-on-Tangible-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shoei Co ranks #117 out of 1018 companies for Return-on-Tangible-Equity. This places Shoei Co in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.43. Shoei Co's value of 22.38% is 405.8% above this benchmark. Historically, Shoei Co's own Return-on-Tangible-Equity has ranged from 20.00 to 29.26 over the past decade. While the company's 10-year median is 21.69 vs. the industry median of 4.43, Shoei 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,018 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. Shoei Co's current Return-on-Tangible-Equity of 22.38% is 405.8% 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 Shoei Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoei Co's current Return-on-Tangible-Equity is 22.38%, which is near median its own 10-year median of 21.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoei Co stock overvalued right now?
Based on GuruFocus' analysis, Shoei Co (TSE:7839) is currently considered Fairly Valued. The stock's GF Value™ is 円1,985.41, compared to a current price of 円1,874.00 — trading 5.6% below its estimated fair value. The current Return-on-Tangible-Equity is 22.38%, which is near median its 10-year median of 21.69 and 405.8% above the Manufacturing - Apparel & Accessories industry median of 4.43. Shoei Co's overall GF Score™ is 99/100 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 Shoei Co (TSE:7839), the current Return-on-Tangible-Equity is 22.38% 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 Shoei Co (TSE:7839) Overvalued in 2026?
Based on GuruFocus' analysis, Shoei Co stock appears to be undervalued.
The current stock price of 円1,874.00 is trading 5.6% below its estimated GF Value™ of 円1,985.41.
GuruFocus considers Shoei Co to be Fairly Valued.
Key valuation signals for TSE:7839:
Return-on-Tangible-Equity: 22.38% (near median its 10-year median of 21.69)
GF Value™: 円1,985.41 vs. price of 円1,874.00 (5.6% below fair value)
Industry Position: 405.8% above the Manufacturing - Apparel & Accessories median (#117 of 1018)
No single metric tells the full story. See the TSE:7839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shoei Co Ltd main business is the manufacture and sale of helmets for passengers. The items handled are helmets and related products and are designed for riding on general motorcycles. Geographically the company derives the majority of its revenue from Japan. The company also generates revenue from France, Germany, the United States, china, and other countries.
99GF Score
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