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KING CoTSE:8118 -0.73%61 Return-on-Tangible-Equity is 3.14% as of Mar. 2026, which is 5% below its 10-year median of 3.30. GuruFocus rates TSE:8118 with a GF Score™ of 61/100 and a GF Value™ of 円688.97 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, KING Co ranks worse than 58.01% 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. KING Co's annualized net income for the quarter that ended in Mar. 2026 was 円710 Mil. KING Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円22,588 Mil. Therefore, KING Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.14%.
The historical rank and industry rank for KING Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:8118'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.62 Med: 3.3 Max: 4.97
Current: 2.78
During the past 13 years, KING Co's highest Return-on-Tangible-Equity was 4.97%. The lowest was -0.62%. And the median was 3.30%.
TSE:8118's Return-on-Tangible-Equity is ranked worse than 58.01% of 1017
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs TSE:8118: 2.78
KING Co (TSE:8118) 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.
KING Co Return-on-Tangible-Equity Related Terms
KING Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for KING 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.
KING Co Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, KING 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.
KING Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KING Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where KING 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 3.14% mean?
KING Co (TSE:8118) has a Return-on-Tangible-Equity of 3.14% 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 KING Co and its competitors. This is near median its historical median of 3.30. According to the industry distribution chart, KING Co ranks #590 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 58%.
Is KING Co's Return-on-Tangible-Equity too high?
KING Co's current Return-on-Tangible-Equity of 3.14% is near median its 10-year median of 3.30. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. KING Co's value of 3.14% is 29.1% below this industry median. Based on the distribution chart, KING Co ranks #590 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, KING Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KING Co's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, KING Co ranks #590 out of 1017 companies for Return-on-Tangible-Equity. This places KING Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.43. KING Co's value of 3.14% is 29.1% below this benchmark. While the company's 10-year median is 3.30 vs. the industry median of 4.43, KING Co has consistently been below 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. KING Co's current Return-on-Tangible-Equity of 3.14% is 29.1% below 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 KING 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. KING Co's current Return-on-Tangible-Equity is 3.14%, which is near median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KING Co stock overvalued right now?
Based on GuruFocus' analysis, KING Co (TSE:8118) is currently considered Significantly Overvalued. The stock's GF Value™ is 円688.97, compared to a current price of 円1,226.00 — trading 77.9% above its estimated fair value. The current Return-on-Tangible-Equity is 3.14%, which is near median its 10-year median of 3.30 and 29.1% below the Manufacturing - Apparel & Accessories industry median of 4.43. KING Co's overall GF Score™ is 61/100 with 6 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 KING Co (TSE:8118), the current Return-on-Tangible-Equity is 3.14% 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 KING Co (TSE:8118) Overvalued in 2026?
Based on GuruFocus' analysis, KING Co stock appears to be overvalued.
The current stock price of 円1,226.00 is trading 77.9% above its estimated GF Value™ of 円688.97.
GuruFocus considers KING Co to be Significantly Overvalued.
Key valuation signals for TSE:8118:
Return-on-Tangible-Equity: 3.14% (near median its 10-year median of 3.30)
GF Value™: 円688.97 vs. price of 円1,226.00 (77.9% above fair value)
Industry Position: 29.1% below the Manufacturing - Apparel & Accessories median (#590 of 1017)
No single metric tells the full story. See the TSE:8118 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KING Co Ltd is a textile producer and apparel maker of cloths. The company produces printed textiles and manufactures ready-made suits, sweaters, jackets, skirts, slacks, scarves, bags, and others. It sells its products under the brand name PINORE, C'EST CHIC'A, LUPUY, AUSTIN REED, PRIDE BIS, among others.
61GF Score
Get the complete analysis for TSE:8118
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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