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Aigan CoTSE:9854 -2.98%51 Return-on-Tangible-Equity is -0.08% as of Mar. 2026. GuruFocus rates TSE:9854 with a GF Score™ of 51/100 and a GF Value™ of 円190.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,062 Retail - Cyclical companies, Aigan Co ranks worse than 72.03% 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. Aigan Co's annualized net income for the quarter that ended in Mar. 2026 was 円-10 Mil. Aigan Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円12,244 Mil. Therefore, Aigan Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.08%.
The historical rank and industry rank for Aigan Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:9854'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.44 Med: -0.8 Max: 1.29
Current: 1.27
During the past 13 years, Aigan Co's highest Return-on-Tangible-Equity was 1.29%. The lowest was -6.44%. And the median was -0.80%.
TSE:9854's Return-on-Tangible-Equity is ranked worse than 72.03% of 1062
companies
in the Retail - Cyclical industry
Industry Median: 8.455
vs TSE:9854: 1.27
Aigan Co (TSE:9854) 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.
Aigan Co Return-on-Tangible-Equity Related Terms
Aigan Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Aigan 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:9854 vs CASY, WSM, DKS: Return-on-Tangible-Equity Comparison
For the Specialty Retail subindustry, Aigan 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.
Aigan Co Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Aigan Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aigan 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 -0.08% mean?
Aigan Co (TSE:9854) has a Return-on-Tangible-Equity of -0.08% 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 Aigan Co and its competitors. According to the industry distribution chart, Aigan Co ranks #765 out of 1062 companies in the Retail - Cyclical industry, placing it in the top 72%.
Is Aigan Co's Return-on-Tangible-Equity too high?
Aigan Co's current Return-on-Tangible-Equity is -0.08%. Based on the distribution chart, Aigan Co ranks #765 out of 1062 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Aigan Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aigan Co's Return-on-Tangible-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Aigan Co ranks #765 out of 1062 companies for Return-on-Tangible-Equity. This places Aigan Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.46. 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.46, based on 1,062 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. 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 Aigan Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aigan Co's current Return-on-Tangible-Equity is -0.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aigan Co stock overvalued right now?
Based on GuruFocus' analysis, Aigan Co (TSE:9854) is currently considered Significantly Overvalued. The stock's GF Value™ is 円190.14, compared to a current price of 円293.00 — trading 54.1% above its estimated fair value. The current Return-on-Tangible-Equity is -0.08%. Aigan Co's overall GF Score™ is 51/100 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 Aigan Co (TSE:9854), the current Return-on-Tangible-Equity is -0.08% 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 Aigan Co (TSE:9854) Overvalued in 2026?
Based on GuruFocus' analysis, Aigan Co stock appears to be overvalued.
The current stock price of 円293.00 is trading 54.1% above its estimated GF Value™ of 円190.14.
GuruFocus considers Aigan Co to be Significantly Overvalued.
Key valuation signals for TSE:9854:
Return-on-Tangible-Equity: -0.08%
GF Value™: 円190.14 vs. price of 円293.00 (54.1% above fair value)
No single metric tells the full story. See the TSE:9854 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aigan Co Ltd develops eyeglasses specialty store that sells eyeglasses and other related products in Japan. Its main products consist of lenses, frames, contact lenses, sunglasses, and other accessories.
51GF Score
Get the complete analysis for TSE:9854
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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