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Altech CoTSE:9972 -1.38%76 Return-on-Tangible-Equity is 7.08% as of May. 2026, which is 62% above its 10-year median of 4.36. GuruFocus rates TSE:9972 with a GF Score™ of 76/100 and a GF Value™ of 円269.72 (Fairly Valued). The stock has 9 warning signs investors should review. Among 2,972 Industrial Products companies, Altech Co ranks worse than 92.06% 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. Altech Co's annualized net income for the quarter that ended in May. 2026 was 円602 Mil. Altech Co's average shareholder tangible equity for the quarter that ended in May. 2026 was 円8,508 Mil. Therefore, Altech Co's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was 7.08%.
The historical rank and industry rank for Altech Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:9972'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.94 Med: 4.36 Max: 7.63
Current: -25.15
During the past 13 years, Altech Co's highest Return-on-Tangible-Equity was 7.63%. The lowest was -26.94%. And the median was 4.36%.
TSE:9972's Return-on-Tangible-Equity is ranked worse than 92.06% of 2972
companies
in the Industrial Products industry
Industry Median: 6.72
vs TSE:9972: -25.15
Altech Co (TSE:9972) 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.
Altech Co Return-on-Tangible-Equity Related Terms
Altech Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Altech 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:9972 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Altech 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.
Altech Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Altech Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Altech 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 (May. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.08% mean?
Altech Co (TSE:9972) has a Return-on-Tangible-Equity of 7.08% as of May. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Altech Co and its competitors. This is 62% above median its historical median of 4.36. According to the industry distribution chart, Altech Co ranks #2736 out of 2972 companies in the Industrial Products industry, placing it in the top 92.1%.
Is Altech Co's Return-on-Tangible-Equity too high?
Altech Co's current Return-on-Tangible-Equity of 7.08% is 62% above median its 10-year median of 4.36. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Altech Co's value of 7.08% is 5.4% above this industry median. Based on the distribution chart, Altech Co ranks #2736 out of 2972 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Altech Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altech Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Altech Co ranks #2736 out of 2972 companies for Return-on-Tangible-Equity. This places Altech Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Altech Co's value of 7.08% is 5.4% above this benchmark. While the company's 10-year median is 4.36 vs. the industry median of 6.72, Altech Co has consistently been above 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,972 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. Altech Co's current Return-on-Tangible-Equity of 7.08% is 5.4% 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 Altech Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altech Co's current Return-on-Tangible-Equity is 7.08%, which is 62% above median its own 10-year median of 4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altech Co stock overvalued right now?
Based on GuruFocus' analysis, Altech Co (TSE:9972) is currently considered Fairly Valued. The stock's GF Value™ is 円269.72, compared to a current price of 円286.00 — trading 6% above its estimated fair value. The current Return-on-Tangible-Equity is 7.08%, which is 62% above median its 10-year median of 4.36 and 5.4% above the Industrial Products industry median of 6.72. Altech Co's overall GF Score™ is 76/100 with 9 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 Altech Co (TSE:9972), the current Return-on-Tangible-Equity is 7.08% as of May. 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 Altech Co (TSE:9972) Overvalued in 2026?
Based on GuruFocus' analysis, Altech Co stock appears to be overvalued.
The current stock price of 円286.00 is trading 6% above its estimated GF Value™ of 円269.72.
GuruFocus considers Altech Co to be Fairly Valued.
Key valuation signals for TSE:9972:
Return-on-Tangible-Equity: 7.08% (62% above median its 10-year median of 4.36)
GF Value™: 円269.72 vs. price of 円286.00 (6% above fair value)
Industry Position: 5.4% above the Industrial Products median (#2736 of 2972)
No single metric tells the full story. See the TSE:9972 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altech Co Ltd is engaged in the trading business, which purchases and sells industrial machinery and equipment, and provides related services. It manufactures and sells preforms for PET bottles and plastic caps, and provides related services. Geographically, it operates in Japan, Asia, Americas, and Europe, of which Japan derives maximum revenue. The company's products include: Automotive-related, AV control systems, Printing, Container & Packaging, 3D Printers, Logistics & Supply Chain, Robotics, IC card/RFID tag systems, 5G/IoT inspection equipment, Plastic processing & extrusion equipment, Composite materials, Next-generation electronics, Nanotechnology, Food manufacturing & processing, Medical & pharmaceutical, Cosmetics, Chemical, Water treatment, and Beverage systems.
76GF Score
Get the complete analysis for TSE:9972
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