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Meiji Shipping Group CoTSE:9115 +0.97%74 Return-on-Tangible-Equity is 5.94% as of Mar. 2026, which is 47% below its 10-year median of 11.26. GuruFocus rates TSE:9115 with a GF Score™ of 74/100 and a GF Value™ of 円666.32 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 978 Transportation companies, Meiji Shipping Group Co ranks worse than 51.43% 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. Meiji Shipping Group Co's annualized net income for the quarter that ended in Mar. 2026 was 円2,995 Mil. Meiji Shipping Group Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円50,440 Mil. Therefore, Meiji Shipping Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.94%.
The historical rank and industry rank for Meiji Shipping Group Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:9115'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.23 Med: 11.26 Max: 21.79
Current: 8.71
During the past 13 years, Meiji Shipping Group Co's highest Return-on-Tangible-Equity was 21.79%. The lowest was 6.23%. And the median was 11.26%.
TSE:9115's Return-on-Tangible-Equity is ranked worse than 51.43% of 978
companies
in the Transportation industry
Industry Median: 8.985
vs TSE:9115: 8.71
Meiji Shipping Group Co (TSE:9115) 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.
Meiji Shipping Group Co Return-on-Tangible-Equity Related Terms
Meiji Shipping Group Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Meiji Shipping Group 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.
Meiji Shipping Group Co Return-on-Tangible-Equity Chart
TSE:9115 vs UPS, FDX, JBHT: Return-on-Tangible-Equity Comparison
For the Integrated Freight & Logistics subindustry, Meiji Shipping Group 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.
Meiji Shipping Group Co Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Meiji Shipping Group Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Meiji Shipping Group 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 5.94% mean?
Meiji Shipping Group Co (TSE:9115) has a Return-on-Tangible-Equity of 5.94% 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 Meiji Shipping Group Co and its competitors. This is 47% below median its historical median of 11.26. Over the past decade, Meiji Shipping Group Co's Return-on-Tangible-Equity has ranged from 6.23 to 21.79. According to the industry distribution chart, Meiji Shipping Group Co ranks #503 out of 978 companies in the Transportation industry, placing it in the top 51.4%.
Is Meiji Shipping Group Co's Return-on-Tangible-Equity too high?
Meiji Shipping Group Co's current Return-on-Tangible-Equity of 5.94% is 47% below median its 10-year median of 11.26. Over the past 10 years, this metric has ranged from a low of 6.23 to a high of 21.79. The Transportation industry median Return-on-Tangible-Equity is 8.99. Meiji Shipping Group Co's value of 5.94% is 33.9% below this industry median. Based on the distribution chart, Meiji Shipping Group Co ranks #503 out of 978 companies in the Transportation industry, which is below the industry midpoint. Overall, Meiji Shipping Group Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiji Shipping Group Co's Return-on-Tangible-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, Meiji Shipping Group Co ranks #503 out of 978 companies for Return-on-Tangible-Equity. This places Meiji Shipping Group Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.99. Meiji Shipping Group Co's value of 5.94% is 33.9% below this benchmark. Historically, Meiji Shipping Group Co's own Return-on-Tangible-Equity has ranged from 6.23 to 21.79 over the past decade. While the company's 10-year median is 11.26 vs. the industry median of 8.99, Meiji Shipping Group 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 8.99, based on 978 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. Meiji Shipping Group Co's current Return-on-Tangible-Equity of 5.94% is 33.9% 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 Meiji Shipping Group Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiji Shipping Group Co's current Return-on-Tangible-Equity is 5.94%, which is 47% below median its own 10-year median of 11.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Shipping Group Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Shipping Group Co (TSE:9115) is currently considered Modestly Overvalued. The stock's GF Value™ is 円666.32, compared to a current price of 円829.00 — trading 24.4% above its estimated fair value. The current Return-on-Tangible-Equity is 5.94%, which is 47% below median its 10-year median of 11.26 and 33.9% below the Transportation industry median of 8.99. Meiji Shipping Group Co's overall GF Score™ is 74/100 with 5 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 Meiji Shipping Group Co (TSE:9115), the current Return-on-Tangible-Equity is 5.94% 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 Meiji Shipping Group Co (TSE:9115) Overvalued in 2026?
Based on GuruFocus' analysis, Meiji Shipping Group Co stock appears to be overvalued.
The current stock price of 円829.00 is trading 24.4% above its estimated GF Value™ of 円666.32.
GuruFocus considers Meiji Shipping Group Co to be Modestly Overvalued.
Key valuation signals for TSE:9115:
Return-on-Tangible-Equity: 5.94% (47% below median its 10-year median of 11.26)
GF Value™: 円666.32 vs. price of 円829.00 (24.4% above fair value)
Industry Position: 33.9% below the Transportation median (#503 of 978)
No single metric tells the full story. See the TSE:9115 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiji Shipping Group Co Ltd is engaged in maritime business, shipping business, hotel business, and other business. The company owns tankers, bulk carrier, container carrier, and wood chip carrier.
74GF Score
Get the complete analysis for TSE:9115
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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