DAIYF (Dai Nippon Toryo Co) Return-on-Tangible-Asset: -0.97% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DAIYF Dai Nippon Toryo Co Ltd DAIYF
57 GF Score
Price $8.20
GF Value $8.63
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Dai Nippon Toryo Co Return-on-Tangible-Asset?

Dai Nippon Toryo Co DAIYF 57 Return-on-Tangible-Asset is -0.97% as of Mar. 2026. GuruFocus rates DAIYF with a GF Score™ of 57/100 and a GF Value™ of $8.63 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,613 Chemicals companies, Dai Nippon Toryo Co ranks worse than 64.48% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Dai Nippon Toryo Co's annualized Net Income for the quarter that ended in Mar. 2026 was $-8.4 Mil. Dai Nippon Toryo Co's average total tangible assets for the quarter that ended in Mar. 2026 was $866.2 Mil. Therefore, Dai Nippon Toryo Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.97%.

The historical rank and industry rank for Dai Nippon Toryo Co's Return-on-Tangible-Asset or its related term are showing as below:

DAIYF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.26   Med: 4.72   Max: 8.11
Current: 1.26

During the past 13 years, Dai Nippon Toryo Co's highest Return-on-Tangible-Asset was 8.11%. The lowest was 1.26%. And the median was 4.72%.

DAIYF's Return-on-Tangible-Asset is ranked worse than
64.48% of 1613 companies
in the Chemicals industry
Industry Median: 3.13 vs DAIYF: 1.26

Dai Nippon Toryo Co  (OTCPK:DAIYF) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Dai Nippon Toryo Co Return-on-Tangible-Asset Related Terms


Dai Nippon Toryo Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Dai Nippon Toryo Co's Return-on-Tangible-Asset 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.

Dai Nippon Toryo Co Return-on-Tangible-Asset Chart

Dai Nippon Toryo Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 3.62 4.50 8.13 1.22

Dai Nippon Toryo Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.79 1.17 3.06 1.78 -0.97

DAIYF vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison

For the Specialty Chemicals subindustry, Dai Nippon Toryo Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Dai Nippon Toryo Co Return-on-Tangible-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dai Nippon Toryo Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Dai Nippon Toryo Co's Return-on-Tangible-Asset falls into.


DAIYF
57GF Score
Dai Nippon Toryo Co Ltd DAIYF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dai Nippon Toryo Co Return-on-Tangible-Asset Calculation

Dai Nippon Toryo Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=10.638/( (885.121+857.044)/ 2 )
=10.638/871.0825
=1.22 %

Dai Nippon Toryo Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-8.368/( (875.349+857.044)/ 2 )
=-8.368/866.1965
=-0.97 %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets 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.

What does a Return-on-Tangible-Asset of -0.97% mean?
Dai Nippon Toryo Co (DAIYF) has a Return-on-Tangible-Asset of -0.97% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Dai Nippon Toryo Co and its competitors. Over the past decade, Dai Nippon Toryo Co's Return-on-Tangible-Asset has ranged from 1.26 to 8.11. According to the industry distribution chart, Dai Nippon Toryo Co ranks #1040 out of 1613 companies in the Chemicals industry, placing it in the top 64.5%.
Is Dai Nippon Toryo Co's Return-on-Tangible-Asset too high?
Dai Nippon Toryo Co's current Return-on-Tangible-Asset is -0.97%. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 8.11. Based on the distribution chart, Dai Nippon Toryo Co ranks #1040 out of 1613 companies in the Chemicals industry, which is below the industry midpoint. Overall, Dai Nippon Toryo Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dai Nippon Toryo Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Dai Nippon Toryo Co ranks #1040 out of 1613 companies for Return-on-Tangible-Asset. This places Dai Nippon Toryo Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.13. Historically, Dai Nippon Toryo Co's own Return-on-Tangible-Asset has ranged from 1.26 to 8.11 over the past decade. 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-Asset for a Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.13, based on 1,613 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Dai Nippon Toryo Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dai Nippon Toryo Co's current Return-on-Tangible-Asset is -0.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dai Nippon Toryo Co stock overvalued right now?
Based on GuruFocus' analysis, Dai Nippon Toryo Co (DAIYF) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.63, compared to a current price of $8.20 — trading 5% below its estimated fair value. The current Return-on-Tangible-Asset is -0.97%. Dai Nippon Toryo Co's overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Dai Nippon Toryo Co (DAIYF), the current Return-on-Tangible-Asset is -0.97% 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 Dai Nippon Toryo Co (DAIYF) Overvalued in 2026?

Based on GuruFocus' analysis, Dai Nippon Toryo Co stock appears to be undervalued. The current stock price of $8.20 is trading 5% below its estimated GF Value™ of $8.63. GuruFocus considers Dai Nippon Toryo Co to be Modestly Undervalued.

Key valuation signals for DAIYF:

  • Return-on-Tangible-Asset: -0.97%
  • GF Value™: $8.63 vs. price of $8.20 (5% below fair value)
  • GF Score™: 57/100 with 7 warning signs

No single metric tells the full story. See the DAIYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dai Nippon Toryo Co Business Description

Other Exchanges 4611:Japan
Address 1-124, Nishikujo 6-chome, Konohana-ku, Osaka, JPN, 554-0012
Dai Nippon Toryo Co Ltd is a Japan-based company engaged in the production and sales of coatings and jet inks. Its product lines include protective, decorative, automobile, and industrial. Products offered by the company include anticorrosive coatings, water-based coatings, and coatings for industrial use. Protective coatings are used in the steel frames of buildings, bridges, industrial plants, and concrete structures. Decorative coatings are used for the interiors, exteriors, and roofs of residential buildings. Automobile coatings are used in automotive components, such as bumpers, door mirrors, and other interior and exterior components. Industrial coatings are designed for applications, such as curtain walls, aluminum sashes, steel furniture, agricultural and construction machinery.
57GF Score

Get the complete analysis for DAIYF

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.20
Price
$8.63
GF Value