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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. Manaby Co's annualized net income for the quarter that ended in Mar. 2026 was 円16 Mil. Manaby Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円24 Mil. Therefore, Manaby Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 65.30%.
The historical rank and industry rank for Manaby Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:9222'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -223.31 Med: -7.91 Max: 187.23
Current: 148.55
During the past 7 years, Manaby Co's highest Return-on-Tangible-Equity was 187.23%. The lowest was -223.31%. And the median was -7.91%.
TSE:9222's Return-on-Tangible-Equity is not ranked
in the Business Services industry.
Industry Median: 10.73
vs TSE:9222: 148.55
Manaby Co (TSE:9222) 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.
Manaby Co Return-on-Tangible-Equity Related Terms
Manaby Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Manaby 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:9222 vs RHI, KFY, TNET: Return-on-Tangible-Equity Comparison
For the Staffing & Employment Services subindustry, Manaby 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.
Manaby Co Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Manaby Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Manaby 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 65.30% mean?
Manaby Co (TSE:9222) has a Return-on-Tangible-Equity of 65.30% 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 Manaby Co and its competitors.
Is Manaby Co's Return-on-Tangible-Equity too high?
Manaby Co's current Return-on-Tangible-Equity is 65.30%. The Business Services industry median Return-on-Tangible-Equity is 10.73. Manaby Co's value of 65.30% is 508.6% above this industry median. Overall, Manaby Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Manaby Co's Return-on-Tangible-Equity compare to RHI and KFY?
Manaby Co's Return-on-Tangible-Equity of 65.30% can be compared against companies in the Business Services industry. The industry median Return-on-Tangible-Equity is 10.73. Manaby Co's value of 65.30% is 508.6% above this benchmark. 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.73, based on 1,007 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. Manaby Co's current Return-on-Tangible-Equity of 65.30% is 508.6% 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 Manaby Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manaby Co's current Return-on-Tangible-Equity is 65.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manaby Co stock overvalued right now?
Manaby Co (TSE:9222) has a current Return-on-Tangible-Equity of 65.30%. The stock's GF Value™ is 円2,175.53, compared to a current price of 円50.00 — trading 97.7% below its estimated fair value. The current Return-on-Tangible-Equity is 65.30% and 508.6% above the Business Services industry median of 10.73. Manaby Co's overall GF Score™ is 12/100 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 Manaby Co (TSE:9222), the current Return-on-Tangible-Equity is 65.30% 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 Manaby Co (TSE:9222) Overvalued in 2026?
Based on GuruFocus' analysis, Manaby Co stock appears to be undervalued.
The current stock price of 円50.00 is trading 97.7% below its estimated GF Value™ of 円2,175.53.
Key valuation signals for TSE:9222:
Return-on-Tangible-Equity: 65.30%
GF Value™: 円2,175.53 vs. price of 円50.00 (97.7% below fair value)
Industry Position: 508.6% above the Business Services median
No single metric tells the full story. See the TSE:9222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manaby Co Ltd is engaged in providing employment support services based on comprehensive support law for people with disabilities. It has developed a learning system using its e-learning system, which allows people who have difficulty going out, to learn IT skills to train and work from home. The company's main operations are as follows: employment transition support business (manaby); employment continuation support type B business (manabyCREATORS); online employment support business (manabyWORKS); paid job introduction service for companies wishing to employ people with disabilities; e-learning service (Mana e) for welfare business operators, dialogue-oriented SES (provision of engineer labor) business (manabyTECHNO); and after-school day care service business (manaby Campus).
12GF Score
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