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.
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.
Kansai Paint CoFRA:KAP +1.41%86 Return-on-Tangible-Asset is 0.93% as of Mar. 2026, which is 79% below its 10-year median of 4.45. GuruFocus rates FRA:KAP with a GF Score™ of 86/100 and a GF Value™ of €14.57 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,612 Chemicals companies, Kansai Paint Co ranks better than 62.34% 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. Kansai Paint Co's annualizedNet Income for the quarter that ended in Mar. 2026 was €36 Mil. Kansai Paint Co's average total tangible assets for the quarter that ended in Mar. 2026 was €3,896 Mil. Therefore, Kansai Paint Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.93%.
The historical rank and industry rank for Kansai Paint Co's Return-on-Tangible-Asset or its related term are showing as below:
FRA:KAP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.35 Med: 4.45 Max: 10.9
Current: 4.61
During the past 13 years, Kansai Paint Co's highest Return-on-Tangible-Asset was 10.90%. The lowest was 3.35%. And the median was 4.45%.
FRA:KAP's Return-on-Tangible-Asset is ranked better than 62.34% of 1612
companies
in the Chemicals industry
Industry Median: 3.08
vs FRA:KAP: 4.61
Kansai Paint Co (FRA:KAP) 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 companys 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 companys 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.
Kansai Paint Co Return-on-Tangible-Asset Related Terms
Kansai Paint Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kansai Paint 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.
FRA:KAP vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Kansai Paint 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.
Kansai Paint Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Kansai Paint Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kansai Paint Co's Return-on-Tangible-Asset 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-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 0.93% mean?
Kansai Paint Co (FRA:KAP) has a Return-on-Tangible-Asset of 0.93% 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 Kansai Paint Co and its competitors. This is 79% below median its historical median of 4.45. Over the past decade, Kansai Paint Co's Return-on-Tangible-Asset has ranged from 3.35 to 10.90. According to the industry distribution chart, Kansai Paint Co ranks #607 out of 1612 companies in the Chemicals industry, placing it in the top 37.7%.
Is Kansai Paint Co's Return-on-Tangible-Asset too high?
Kansai Paint Co's current Return-on-Tangible-Asset of 0.93% is 79% below median its 10-year median of 4.45. Over the past 10 years, this metric has ranged from a low of 3.35 to a high of 10.90. The Chemicals industry median Return-on-Tangible-Asset is 3.08. Kansai Paint Co's value of 0.93% is 69.8% below this industry median. Based on the distribution chart, Kansai Paint Co ranks #607 out of 1612 companies in the Chemicals industry, which is above the industry midpoint. Overall, Kansai Paint Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kansai Paint Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Kansai Paint Co ranks #607 out of 1612 companies for Return-on-Tangible-Asset. This puts Kansai Paint Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.08. Kansai Paint Co's value of 0.93% is 69.8% below this benchmark. Historically, Kansai Paint Co's own Return-on-Tangible-Asset has ranged from 3.35 to 10.90 over the past decade. While the company's 10-year median is 4.45 vs. the industry median of 3.08, Kansai Paint Co has consistently been below 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-Asset for a Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.08, based on 1,612 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. Kansai Paint Co's current Return-on-Tangible-Asset of 0.93% is 69.8% below 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-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 Kansai Paint Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kansai Paint Co's current Return-on-Tangible-Asset is 0.93%, which is 79% below median its own 10-year median of 4.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kansai Paint Co stock overvalued right now?
Based on GuruFocus' analysis, Kansai Paint Co (FRA:KAP) is currently considered Fairly Valued. The stock's GF Value™ is €14.57, compared to a current price of €14.40 — trading 1.2% below its estimated fair value. The current Return-on-Tangible-Asset is 0.93%, which is 79% below median its 10-year median of 4.45 and 69.8% below the Chemicals industry median of 3.08. Kansai Paint Co's overall GF Score™ is 86/100 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 Kansai Paint Co (FRA:KAP), the current Return-on-Tangible-Asset is 0.93% 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 Kansai Paint Co (FRA:KAP) Overvalued in 2026?
Based on GuruFocus' analysis, Kansai Paint Co stock appears to be undervalued.
The current stock price of €14.40 is trading 1.2% below its estimated GF Value™ of €14.57.
GuruFocus considers Kansai Paint Co to be Fairly Valued.
Key valuation signals for FRA:KAP:
Return-on-Tangible-Asset: 0.93% (79% below median its 10-year median of 4.45)
GF Value™: €14.57 vs. price of €14.40 (1.2% below fair value)
Industry Position: 69.8% below the Chemicals median (#607 of 1612)
No single metric tells the full story. See the FRA:KAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kansai Paint Co Ltd manufactures and sells a variety of coatings and paint products. The company sells five primary types of products: automotive coatings, automotive refinish coatings, decorative coatings, protection coatings, and industrial coatings. The firm's automotive coatings include clear coat paints, top coat paints, and primers. The industrial coatings include paint and coatings for bridges, roads, storage tanks, power plants, and manufacturing facilities. It markets its products mainly to the automotive, marine, and construction industries.
86GF Score
Get the complete analysis for FRA:KAP
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:KAP has been successfully added to your 
