Yamaha Motor CoYMHAY -2.41%86 Return-on-Tangible-Equity is 15.66% as of Mar. 2026, which is 15% above its 10-year median of 13.67. GuruFocus rates YMHAY with a GF Score™ of 86/100 and a GF Value™ of $17.13 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,284 Vehicles & Parts companies, Yamaha Motor Co ranks worse than 70.79% 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. Yamaha Motor Co's annualized net income for the quarter that ended in Mar. 2026 was $1,040 Mil. Yamaha Motor Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $6,644 Mil. Therefore, Yamaha Motor Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.66%.
The historical rank and industry rank for Yamaha Motor Co's Return-on-Tangible-Equity or its related term are showing as below:
YMHAY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.52 Med: 13.67 Max: 20.28
Current: 2.57
During the past 13 years, Yamaha Motor Co's highest Return-on-Tangible-Equity was 20.28%. The lowest was 1.52%. And the median was 13.67%.
YMHAY's Return-on-Tangible-Equity is ranked worse than 70.79% of 1284
companies
in the Vehicles & Parts industry
Industry Median: 7.48
vs YMHAY: 2.57
Yamaha Motor Co (OTCPK:YMHAY) 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.
Yamaha Motor Co Return-on-Tangible-Equity Related Terms
Yamaha Motor Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Yamaha Motor 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.
YMHAY vs TSLA, GM, F: Return-on-Tangible-Equity Comparison
For the Auto Manufacturers subindustry, Yamaha Motor 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.
Yamaha Motor Co Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Yamaha Motor Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Yamaha Motor 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 four times the quarterly (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 15.66% mean?
Yamaha Motor Co (YMHAY) has a Return-on-Tangible-Equity of 15.66% 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 Yamaha Motor Co and its competitors. This is 15% above median its historical median of 13.67. Over the past decade, Yamaha Motor Co's Return-on-Tangible-Equity has ranged from 1.52 to 20.28. According to the industry distribution chart, Yamaha Motor Co ranks #909 out of 1284 companies in the Vehicles & Parts industry, placing it in the top 70.8%.
Is Yamaha Motor Co's Return-on-Tangible-Equity too high?
Yamaha Motor Co's current Return-on-Tangible-Equity of 15.66% is 15% above median its 10-year median of 13.67. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 20.28. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.48. Yamaha Motor Co's value of 15.66% is 109.4% above this industry median. Based on the distribution chart, Yamaha Motor Co ranks #909 out of 1284 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Yamaha Motor Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yamaha Motor Co's Return-on-Tangible-Equity compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Yamaha Motor Co ranks #909 out of 1284 companies for Return-on-Tangible-Equity. This places Yamaha Motor Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.48. Yamaha Motor Co's value of 15.66% is 109.4% above this benchmark. Historically, Yamaha Motor Co's own Return-on-Tangible-Equity has ranged from 1.52 to 20.28 over the past decade. While the company's 10-year median is 13.67 vs. the industry median of 7.48, Yamaha Motor 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 a Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.48, based on 1,284 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. Yamaha Motor Co's current Return-on-Tangible-Equity of 15.66% is 109.4% 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 Yamaha Motor Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamaha Motor Co's current Return-on-Tangible-Equity is 15.66%, which is 15% above median its own 10-year median of 13.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamaha Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Yamaha Motor Co (YMHAY) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.13, compared to a current price of $15.42 — trading 10% below its estimated fair value. The current Return-on-Tangible-Equity is 15.66%, which is 15% above median its 10-year median of 13.67 and 109.4% above the Vehicles & Parts industry median of 7.48. Yamaha Motor Co's overall GF Score™ is 86/100 with 8 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 Yamaha Motor Co (YMHAY), the current Return-on-Tangible-Equity is 15.66% 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 Yamaha Motor Co (YMHAY) Overvalued in 2026?
Based on GuruFocus' analysis, Yamaha Motor Co stock appears to be undervalued.
The current stock price of $15.42 is trading 10% below its estimated GF Value™ of $17.13.
GuruFocus considers Yamaha Motor Co to be Modestly Undervalued.
Key valuation signals for YMHAY:
Return-on-Tangible-Equity: 15.66% (15% above median its 10-year median of 13.67)
GF Value™: $17.13 vs. price of $15.42 (10% below fair value)
Industry Position: 109.4% above the Vehicles & Parts median (#909 of 1284)
No single metric tells the full story. See the YMHAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yamaha Motor Co Ltd is engaged in the manufacture and sale of motorcycles, marine products, and related equipment. The company operates through four reportable segments: Land Mobility, Marine, Robotics, and Financial Services. The Land Mobility segment includes motorcycles, highway vehicles, electric-assist bicycles, automobile engines, and components. The Marine segment handles outboard motors, water vehicles, boats, and fishing vessels. The Robotics segment provides surface mounters, semiconductor manufacturing equipment, industrial robots, and unmanned helicopters, while the Financial Services segment offers sales financing and leasing related to Yamaha products. It generates the majority of its revenue from the Land mobility segment.
86GF Score
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