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MRK HoldingsTSE:9980 +1.06%75 Return-on-Tangible-Equity is 9.64% as of Mar. 2026, which is 286% above its 10-year median of 2.50. GuruFocus rates TSE:9980 with a GF Score™ of 75/100 and a GF Value™ of 円115.61 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,014 Manufacturing - Apparel & Accessories companies, MRK Holdings ranks better than 58.78% 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. MRK Holdings's annualized net income for the quarter that ended in Mar. 2026 was 円1,426 Mil. MRK Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円14,781 Mil. Therefore, MRK Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.64%.
The historical rank and industry rank for MRK Holdings's Return-on-Tangible-Equity or its related term are showing as below:
TSE:9980'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.7 Med: 2.5 Max: 13
Current: 6.34
During the past 13 years, MRK Holdings's highest Return-on-Tangible-Equity was 13.00%. The lowest was -9.70%. And the median was 2.50%.
TSE:9980's Return-on-Tangible-Equity is ranked better than 58.78% of 1014
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs TSE:9980: 6.34
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.
MRK Holdings Return-on-Tangible-Equity Related Terms
MRK Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for MRK Holdings'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:9980 vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, MRK Holdings'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.
MRK Holdings Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, MRK Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MRK Holdings'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 9.64% mean?
MRK Holdings (TSE:9980) has a Return-on-Tangible-Equity of 9.64% 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 MRK Holdings and its competitors. This is 286% above median its historical median of 2.50. According to the industry distribution chart, MRK Holdings ranks #418 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 41.2%.
Is MRK Holdings' Return-on-Tangible-Equity too high?
MRK Holdings' current Return-on-Tangible-Equity of 9.64% is 286% above median its 10-year median of 2.50. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. MRK Holdings' value of 9.64% is 117.6% above this industry median. Based on the distribution chart, MRK Holdings ranks #418 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, MRK Holdings has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MRK Holdings' Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, MRK Holdings ranks #418 out of 1014 companies for Return-on-Tangible-Equity. This puts MRK Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. MRK Holdings' value of 9.64% is 117.6% above this benchmark. While the company's 10-year median is 2.50 vs. the industry median of 4.43, MRK Holdings 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 a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,014 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. MRK Holdings's current Return-on-Tangible-Equity of 9.64% is 117.6% 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 MRK Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MRK Holdings's current Return-on-Tangible-Equity is 9.64%, which is 286% above median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRK Holdings stock overvalued right now?
Based on GuruFocus' analysis, MRK Holdings (TSE:9980) is currently considered Modestly Undervalued. The stock's GF Value™ is 円115.61, compared to a current price of 円95.00 — trading 17.8% below its estimated fair value. The current Return-on-Tangible-Equity is 9.64%, which is 286% above median its 10-year median of 2.50 and 117.6% above the Manufacturing - Apparel & Accessories industry median of 4.43. MRK Holdings' overall GF Score™ is 75/100 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 MRK Holdings (TSE:9980), the current Return-on-Tangible-Equity is 9.64% 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 MRK Holdings (TSE:9980) Overvalued in 2026?
Based on GuruFocus' analysis, MRK Holdings stock appears to be undervalued.
The current stock price of 円95.00 is trading 17.8% below its estimated GF Value™ of 円115.61.
GuruFocus considers MRK Holdings to be Modestly Undervalued.
Key valuation signals for TSE:9980:
Return-on-Tangible-Equity: 9.64% (286% above median its 10-year median of 2.50)
GF Value™: 円115.61 vs. price of 円95.00 (17.8% below fair value)
Industry Position: 117.6% above the Manufacturing - Apparel & Accessories median (#418 of 1014)
No single metric tells the full story. See the TSE:9980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MRK Holdings Inc manufactures and trades women's lingerie, body-care cosmetics, and health food products. The company's segment includes Women's clothing and related business, Maternity and baby related business, and wedding and banquet related events business. The company generates the majority of its revenue from the Women's clothing and related business.
75GF Score
Get the complete analysis for TSE:9980
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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