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Shinko Shoji CoTSE:8141 -1.23%58 Return-on-Tangible-Equity is 2.27% as of Mar. 2026, which is 16% below its 10-year median of 2.70. GuruFocus rates TSE:8141 with a GF Score™ of 58/100 and a GF Value™ of 円728.51 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,385 Hardware companies, Shinko Shoji Co ranks worse than 62.22% 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. Shinko Shoji Co's annualized net income for the quarter that ended in Mar. 2026 was 円1,152 Mil. Shinko Shoji Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円50,811 Mil. Therefore, Shinko Shoji Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.27%.
The historical rank and industry rank for Shinko Shoji Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:8141'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.95 Med: 2.7 Max: 9.2
Current: 2.23
During the past 13 years, Shinko Shoji Co's highest Return-on-Tangible-Equity was 9.20%. The lowest was 0.95%. And the median was 2.70%.
TSE:8141's Return-on-Tangible-Equity is ranked worse than 62.22% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs TSE:8141: 2.23
Shinko Shoji Co (TSE:8141) 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.
Shinko Shoji Co Return-on-Tangible-Equity Related Terms
Shinko Shoji Co Return-on-Tangible-Equity Historical Data
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The historical data trend for Shinko Shoji 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:8141 vs SNX, ARW, AVT: Return-on-Tangible-Equity Comparison
For the Electronics & Computer Distribution subindustry, Shinko Shoji 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.
Shinko Shoji Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Shinko Shoji Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shinko Shoji 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 2.27% mean?
Shinko Shoji Co (TSE:8141) has a Return-on-Tangible-Equity of 2.27% 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 Shinko Shoji Co and its competitors. This is 16% below median its historical median of 2.70. Over the past decade, Shinko Shoji Co's Return-on-Tangible-Equity has ranged from 0.95 to 9.20. According to the industry distribution chart, Shinko Shoji Co ranks #1484 out of 2385 companies in the Hardware industry, placing it in the top 62.2%.
Is Shinko Shoji Co's Return-on-Tangible-Equity too high?
Shinko Shoji Co's current Return-on-Tangible-Equity of 2.27% is 16% below median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 9.20. The Hardware industry median Return-on-Tangible-Equity is 5.32. Shinko Shoji Co's value of 2.27% is 57.3% below this industry median. Based on the distribution chart, Shinko Shoji Co ranks #1484 out of 2385 companies in the Hardware industry, which is below the industry midpoint. Overall, Shinko Shoji Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinko Shoji Co's Return-on-Tangible-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, Shinko Shoji Co ranks #1484 out of 2385 companies for Return-on-Tangible-Equity. This places Shinko Shoji Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Shinko Shoji Co's value of 2.27% is 57.3% below this benchmark. Historically, Shinko Shoji Co's own Return-on-Tangible-Equity has ranged from 0.95 to 9.20 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 5.32, Shinko Shoji 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 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. Shinko Shoji Co's current Return-on-Tangible-Equity of 2.27% is 57.3% 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 Shinko Shoji 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. Shinko Shoji Co's current Return-on-Tangible-Equity is 2.27%, which is 16% below median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinko Shoji Co stock overvalued right now?
Based on GuruFocus' analysis, Shinko Shoji Co (TSE:8141) is currently considered Significantly Overvalued. The stock's GF Value™ is 円728.51, compared to a current price of 円1,602.00 — trading 119.9% above its estimated fair value. The current Return-on-Tangible-Equity is 2.27%, which is 16% below median its 10-year median of 2.70 and 57.3% below the Hardware industry median of 5.32. Shinko Shoji Co's overall GF Score™ is 58/100 with 8 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 Shinko Shoji Co (TSE:8141), the current Return-on-Tangible-Equity is 2.27% 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 Shinko Shoji Co (TSE:8141) Overvalued in 2026?
Based on GuruFocus' analysis, Shinko Shoji Co stock appears to be overvalued.
The current stock price of 円1,602.00 is trading 119.9% above its estimated GF Value™ of 円728.51.
GuruFocus considers Shinko Shoji Co to be Significantly Overvalued.
Key valuation signals for TSE:8141:
Return-on-Tangible-Equity: 2.27% (16% below median its 10-year median of 2.70)
GF Value™: 円728.51 vs. price of 円1,602.00 (119.9% above fair value)
Industry Position: 57.3% below the Hardware median (#1484 of 2385)
No single metric tells the full story. See the TSE:8141 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinko Shoji Co Ltd is engaged in the sale, import and export of electronic components & assembly products which includes memory products, microcomputers, system large scale integrations, semiconductors, capacitors, ferrite cores & color liquid crystals.
58GF Score
Get the complete analysis for TSE:8141
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