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Johnson Fine Chemical CoROCO:7763 -2.17%24 Return-on-Tangible-Asset is 9.49% as of Dec. 2025, which is 34% below its 10-year median of 14.30. GuruFocus rates ROCO:7763 with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 1,613 Chemicals companies, Johnson Fine Chemical Co ranks better than 94.48% 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. Johnson Fine Chemical Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$144 Mil. Johnson Fine Chemical Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$1,511 Mil. Therefore, Johnson Fine Chemical Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 9.49%.
The historical rank and industry rank for Johnson Fine Chemical Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:7763'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.86 Med: 14.3 Max: 17.37
Current: 14.62
During the past 5 years, Johnson Fine Chemical Co's highest Return-on-Tangible-Asset was 17.37%. The lowest was 10.86%. And the median was 14.30%.
ROCO:7763's Return-on-Tangible-Asset is ranked better than 94.48% of 1613
companies
in the Chemicals industry
Industry Median: 3.13
vs ROCO:7763: 14.62
Johnson Fine Chemical Co (ROCO:7763) 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.
Johnson Fine Chemical Co Return-on-Tangible-Asset Related Terms
Johnson Fine Chemical Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Johnson Fine Chemical 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.
Johnson Fine Chemical Co Return-on-Tangible-Asset Chart
ROCO:7763 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Johnson Fine Chemical 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.
Johnson Fine Chemical Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Johnson Fine Chemical Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Johnson Fine Chemical 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 9.49% mean?
Johnson Fine Chemical Co (ROCO:7763) has a Return-on-Tangible-Asset of 9.49% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Johnson Fine Chemical Co and its competitors. This is 34% below median its historical median of 14.30. Over the past decade, Johnson Fine Chemical Co's Return-on-Tangible-Asset has ranged from 10.86 to 17.37. According to the industry distribution chart, Johnson Fine Chemical Co ranks #89 out of 1613 companies in the Chemicals industry, placing it in the top 5.5%.
Is Johnson Fine Chemical Co's Return-on-Tangible-Asset too high?
Johnson Fine Chemical Co's current Return-on-Tangible-Asset of 9.49% is 34% below median its 10-year median of 14.30. Over the past 10 years, this metric has ranged from a low of 10.86 to a high of 17.37. The Chemicals industry median Return-on-Tangible-Asset is 3.13. Johnson Fine Chemical Co's value of 9.49% is 203.2% above this industry median. Based on the distribution chart, Johnson Fine Chemical Co ranks #89 out of 1613 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Johnson Fine Chemical Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Johnson Fine Chemical Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Johnson Fine Chemical Co ranks #89 out of 1613 companies for Return-on-Tangible-Asset. This places Johnson Fine Chemical Co in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.13. Johnson Fine Chemical Co's value of 9.49% is 203.2% above this benchmark. Historically, Johnson Fine Chemical Co's own Return-on-Tangible-Asset has ranged from 10.86 to 17.37 over the past decade. While the company's 10-year median is 14.30 vs. the industry median of 3.13, Johnson Fine Chemical 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-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. Johnson Fine Chemical Co's current Return-on-Tangible-Asset of 9.49% is 203.2% 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-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 Johnson Fine Chemical 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. Johnson Fine Chemical Co's current Return-on-Tangible-Asset is 9.49%, which is 34% below median its own 10-year median of 14.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johnson Fine Chemical Co stock overvalued right now?
Johnson Fine Chemical Co (ROCO:7763) has a current Return-on-Tangible-Asset of 9.49%. The current Return-on-Tangible-Asset is 9.49%, which is 34% below median its 10-year median of 14.30 and 203.2% above the Chemicals industry median of 3.13. Johnson Fine Chemical Co's overall GF Score™ is 24/100 with 1 warning sign 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 Johnson Fine Chemical Co (ROCO:7763), the current Return-on-Tangible-Asset is 9.49% as of Dec. 2025. 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.
Johnson Fine Chemical Co Ltd manufactures amine-based and isocyanate-based hardenders/curing agents for CASE fields (Casting, Adhesive, Sealant, Elastomer), such as MOCA. The group is devoted to developing specialty chemicals including specialty raw materials such as monofunctional isocyanate, 1,5-diisocyanate-naphthalene, dimethylation diamino thouene, etc. Its products are Amine Curing Agent, Isocyanate Curing Agent, Isocyanate Crosslinker, Dehydrating Agent, Cesium Tungsten Oxide, and Coating System.
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