Hiroshima Electric Railway Co (TSE:9033) Return-on-Tangible-Equity: 5.72% (As of Mar. 2026) — 198% Above Median

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TSE:9033 Hiroshima Electric Railway Co Ltd TSE:9033
63 GF Score
Price 円623.00
GF Value 円781.88
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Hiroshima Electric Railway Co Return-on-Tangible-Equity?

Hiroshima Electric Railway Co TSE:9033 -0.16% 63 Return-on-Tangible-Equity is 5.72% as of Mar. 2026, which is 198% above its 10-year median of 1.92. GuruFocus rates TSE:9033 with a GF Score™ of 63/100 and a GF Value™ of 円781.88 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 977 Transportation companies, Hiroshima Electric Railway Co ranks worse than 75.54% 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. Hiroshima Electric Railway Co's annualized net income for the quarter that ended in Mar. 2026 was 円2,364 Mil. Hiroshima Electric Railway Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円41,324 Mil. Therefore, Hiroshima Electric Railway Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.72%.

The historical rank and industry rank for Hiroshima Electric Railway Co's Return-on-Tangible-Equity or its related term are showing as below:

TSE:9033' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.39   Med: 1.92   Max: 3.48
Current: 2.83

During the past 13 years, Hiroshima Electric Railway Co's highest Return-on-Tangible-Equity was 3.48%. The lowest was -8.39%. And the median was 1.92%.

TSE:9033's Return-on-Tangible-Equity is ranked worse than
75.54% of 977 companies
in the Transportation industry
Industry Median: 9 vs TSE:9033: 2.83

Hiroshima Electric Railway Co  (TSE:9033) 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.


Hiroshima Electric Railway Co Return-on-Tangible-Equity Related Terms


Hiroshima Electric Railway Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Hiroshima Electric Railway 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.

Hiroshima Electric Railway Co Return-on-Tangible-Equity Chart

Hiroshima Electric Railway Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.81 2.53 1.71 3.48 2.82

Hiroshima Electric Railway Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.17 -1.72 8.72 -0.12 5.72

TSE:9033 vs UNP, CSX, NSC: Return-on-Tangible-Equity Comparison

For the Railroads subindustry, Hiroshima Electric Railway 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.


Hiroshima Electric Railway Co Return-on-Tangible-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Hiroshima Electric Railway Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Hiroshima Electric Railway Co's Return-on-Tangible-Equity falls into.


TSE:9033
63GF Score
Hiroshima Electric Railway Co Ltd TSE:9033
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiroshima Electric Railway Co Return-on-Tangible-Equity Calculation

Hiroshima Electric Railway Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1158/( (39932+42259 )/ 2 )
=1158/41095.5
=2.82 %

Hiroshima Electric Railway Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=2364/( (40388+42259)/ 2 )
=2364/41323.5
=5.72 %

* 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 5.72% mean?
Hiroshima Electric Railway Co (TSE:9033) has a Return-on-Tangible-Equity of 5.72% 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 Hiroshima Electric Railway Co and its competitors. This is 198% above median its historical median of 1.92. According to the industry distribution chart, Hiroshima Electric Railway Co ranks #738 out of 977 companies in the Transportation industry, placing it in the top 75.5%.
Is Hiroshima Electric Railway Co's Return-on-Tangible-Equity too high?
Hiroshima Electric Railway Co's current Return-on-Tangible-Equity of 5.72% is 198% above median its 10-year median of 1.92. The Transportation industry median Return-on-Tangible-Equity is 9.00. Hiroshima Electric Railway Co's value of 5.72% is 36.4% below this industry median. Based on the distribution chart, Hiroshima Electric Railway Co ranks #738 out of 977 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Hiroshima Electric Railway Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiroshima Electric Railway Co's Return-on-Tangible-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, Hiroshima Electric Railway Co ranks #738 out of 977 companies for Return-on-Tangible-Equity. This places Hiroshima Electric Railway Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.00. Hiroshima Electric Railway Co's value of 5.72% is 36.4% below this benchmark. While the company's 10-year median is 1.92 vs. the industry median of 9.00, Hiroshima Electric Railway 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.00, based on 977 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. Hiroshima Electric Railway Co's current Return-on-Tangible-Equity of 5.72% is 36.4% 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 Hiroshima Electric Railway Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiroshima Electric Railway Co's current Return-on-Tangible-Equity is 5.72%, which is 198% above median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroshima Electric Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Hiroshima Electric Railway Co (TSE:9033) is currently considered Modestly Undervalued. The stock's GF Value™ is 円781.88, compared to a current price of 円623.00 — trading 20.3% below its estimated fair value. The current Return-on-Tangible-Equity is 5.72%, which is 198% above median its 10-year median of 1.92 and 36.4% below the Transportation industry median of 9.00. Hiroshima Electric Railway Co's overall GF Score™ is 63/100 with 4 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 Hiroshima Electric Railway Co (TSE:9033), the current Return-on-Tangible-Equity is 5.72% 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 Hiroshima Electric Railway Co (TSE:9033) Overvalued in 2026?

Based on GuruFocus' analysis, Hiroshima Electric Railway Co stock appears to be undervalued. The current stock price of 円623.00 is trading 20.3% below its estimated GF Value™ of 円781.88. GuruFocus considers Hiroshima Electric Railway Co to be Modestly Undervalued.

Key valuation signals for TSE:9033:

  • Return-on-Tangible-Equity: 5.72% (198% above median its 10-year median of 1.92)
  • GF Value™: 円781.88 vs. price of 円623.00 (20.3% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 36.4% below the Transportation median (#738 of 977)

No single metric tells the full story. See the TSE:9033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiroshima Electric Railway Co Business Description

Address 2-9-29 Higashi-Senda-cho, Naka-ku, Hiroshima Prefecture, Hiroshima, JPN, 730-8610
Hiroshima Electric Railway Co Ltd operates in various sectors such as Transportation which includes railway and railroad business, Bus business, ropeway, air transport agency, and hire business; Distribution business includes merchandise sales; Real estate business includes rental and sales business; Construction includes civil engineering, telecommunication construction; and Leisure business includes catering, bowling, golf and travel business.
63GF Score

Get the complete analysis for TSE:9033

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円623.00
Price
円781.88
GF Value