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Hagihara IndustriesTSE:7856 +1.83%86 Return-on-Tangible-Equity is 5.04% as of Apr. 2026, which is 44% below its 10-year median of 9.01. GuruFocus rates TSE:7856 with a GF Score™ of 86/100 and a GF Value™ of 円1,602.03 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, Hagihara Industries ranks better than 50.15% 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. Hagihara Industries's annualized net income for the quarter that ended in Apr. 2026 was 円1,553 Mil. Hagihara Industries's average shareholder tangible equity for the quarter that ended in Apr. 2026 was 円30,798 Mil. Therefore, Hagihara Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 5.04%.
The historical rank and industry rank for Hagihara Industries's Return-on-Tangible-Equity or its related term are showing as below:
TSE:7856'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.77 Med: 9.01 Max: 11.76
Current: 4.47
During the past 13 years, Hagihara Industries's highest Return-on-Tangible-Equity was 11.76%. The lowest was 3.77%. And the median was 9.01%.
TSE:7856's Return-on-Tangible-Equity is ranked better than 50.15% of 1017
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs TSE:7856: 4.47
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.
Hagihara Industries Return-on-Tangible-Equity Related Terms
Hagihara Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hagihara Industries'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.
For the Textile Manufacturing subindustry, Hagihara Industries'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.
Hagihara Industries Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hagihara Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hagihara Industries'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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 5.04% mean?
Hagihara Industries (TSE:7856) has a Return-on-Tangible-Equity of 5.04% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hagihara Industries and its competitors. This is 44% below median its historical median of 9.01. Over the past decade, Hagihara Industries' Return-on-Tangible-Equity has ranged from 3.77 to 11.76. According to the industry distribution chart, Hagihara Industries ranks #507 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.9%.
Is Hagihara Industries' Return-on-Tangible-Equity too high?
Hagihara Industries' current Return-on-Tangible-Equity of 5.04% is 44% below median its 10-year median of 9.01. Over the past 10 years, this metric has ranged from a low of 3.77 to a high of 11.76. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Hagihara Industries' value of 5.04% is 13.8% above this industry median. Based on the distribution chart, Hagihara Industries ranks #507 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Hagihara Industries has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hagihara Industries' Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hagihara Industries ranks #507 out of 1017 companies for Return-on-Tangible-Equity. This puts Hagihara Industries in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Hagihara Industries' value of 5.04% is 13.8% above this benchmark. Historically, Hagihara Industries' own Return-on-Tangible-Equity has ranged from 3.77 to 11.76 over the past decade. While the company's 10-year median is 9.01 vs. the industry median of 4.43, Hagihara Industries 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 1,017 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. Hagihara Industries's current Return-on-Tangible-Equity of 5.04% is 13.8% 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 Hagihara Industries 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. Hagihara Industries's current Return-on-Tangible-Equity is 5.04%, which is 44% below median its own 10-year median of 9.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hagihara Industries stock overvalued right now?
Based on GuruFocus' analysis, Hagihara Industries (TSE:7856) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,602.03, compared to a current price of 円1,835.00 — trading 14.5% above its estimated fair value. The current Return-on-Tangible-Equity is 5.04%, which is 44% below median its 10-year median of 9.01 and 13.8% above the Manufacturing - Apparel & Accessories industry median of 4.43. Hagihara Industries' overall GF Score™ is 86/100 with 9 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 Hagihara Industries (TSE:7856), the current Return-on-Tangible-Equity is 5.04% as of Apr. 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 Hagihara Industries (TSE:7856) Overvalued in 2026?
Based on GuruFocus' analysis, Hagihara Industries stock appears to be overvalued.
The current stock price of 円1,835.00 is trading 14.5% above its estimated GF Value™ of 円1,602.03.
GuruFocus considers Hagihara Industries to be Modestly Overvalued.
Key valuation signals for TSE:7856:
Return-on-Tangible-Equity: 5.04% (44% below median its 10-year median of 9.01)
GF Value™: 円1,602.03 vs. price of 円1,835.00 (14.5% above fair value)
Industry Position: 13.8% above the Manufacturing - Apparel & Accessories median (#507 of 1017)
No single metric tells the full story. See the TSE:7856 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hagihara Industries Inc is a Japan-based company mainly engaged in the production and sale of industrial machinery. It manufactures machinery and equipment for converting, highly-functional film, synthetic fiber, fiber and yarn, and plastic industries. The company has business operations in Japan and overseas markets.
86GF Score
Get the complete analysis for TSE:7856
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