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Sekisui Kasei CoTSE:4228 +3.57%54 Return-on-Tangible-Asset is 9.24% as of Mar. 2026, which is 697% above its 10-year median of 1.16. GuruFocus rates TSE:4228 with a GF Score™ of 54/100 and a GF Value™ of 円357.27 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,613 Chemicals companies, Sekisui Kasei Co ranks worse than 61.87% 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. Sekisui Kasei Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円11,226 Mil. Sekisui Kasei Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円121,475 Mil. Therefore, Sekisui Kasei Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.24%.
The historical rank and industry rank for Sekisui Kasei Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:4228'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.5 Med: 1.16 Max: 2.93
Current: 1.71
During the past 13 years, Sekisui Kasei Co's highest Return-on-Tangible-Asset was 2.93%. The lowest was -4.50%. And the median was 1.16%.
TSE:4228's Return-on-Tangible-Asset is ranked worse than 61.87% of 1613
companies
in the Chemicals industry
Industry Median: 3.13
vs TSE:4228: 1.71
Sekisui Kasei Co (TSE:4228) 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.
Sekisui Kasei Co Return-on-Tangible-Asset Related Terms
Sekisui Kasei Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sekisui Kasei 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.
TSE:4228 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Sekisui Kasei 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.
Sekisui Kasei Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sekisui Kasei Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sekisui Kasei 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 9.24% mean?
Sekisui Kasei Co (TSE:4228) has a Return-on-Tangible-Asset of 9.24% 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 Sekisui Kasei Co and its competitors. This is 697% above median its historical median of 1.16. According to the industry distribution chart, Sekisui Kasei Co ranks #998 out of 1613 companies in the Chemicals industry, placing it in the top 61.9%.
Is Sekisui Kasei Co's Return-on-Tangible-Asset too high?
Sekisui Kasei Co's current Return-on-Tangible-Asset of 9.24% is 697% above median its 10-year median of 1.16. The Chemicals industry median Return-on-Tangible-Asset is 3.13. Sekisui Kasei Co's value of 9.24% is 195.2% above this industry median. Based on the distribution chart, Sekisui Kasei Co ranks #998 out of 1613 companies in the Chemicals industry, which is below the industry midpoint. Overall, Sekisui Kasei Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sekisui Kasei Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sekisui Kasei Co ranks #998 out of 1613 companies for Return-on-Tangible-Asset. This places Sekisui Kasei Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.13. Sekisui Kasei Co's value of 9.24% is 195.2% above this benchmark. While the company's 10-year median is 1.16 vs. the industry median of 3.13, Sekisui Kasei 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. Sekisui Kasei Co's current Return-on-Tangible-Asset of 9.24% is 195.2% 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 Sekisui Kasei 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. Sekisui Kasei Co's current Return-on-Tangible-Asset is 9.24%, which is 697% above median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sekisui Kasei Co stock overvalued right now?
Based on GuruFocus' analysis, Sekisui Kasei Co (TSE:4228) is currently considered Significantly Overvalued. The stock's GF Value™ is 円357.27, compared to a current price of 円609.00 — trading 70.5% above its estimated fair value. The current Return-on-Tangible-Asset is 9.24%, which is 697% above median its 10-year median of 1.16 and 195.2% above the Chemicals industry median of 3.13. Sekisui Kasei Co's overall GF Score™ is 54/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Sekisui Kasei Co (TSE:4228), the current Return-on-Tangible-Asset is 9.24% 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 Sekisui Kasei Co (TSE:4228) Overvalued in 2026?
Based on GuruFocus' analysis, Sekisui Kasei Co stock appears to be overvalued.
The current stock price of 円609.00 is trading 70.5% above its estimated GF Value™ of 円357.27.
GuruFocus considers Sekisui Kasei Co to be Significantly Overvalued.
Key valuation signals for TSE:4228:
Return-on-Tangible-Asset: 9.24% (697% above median its 10-year median of 1.16)
GF Value™: 円357.27 vs. price of 円609.00 (70.5% above fair value)
Industry Position: 195.2% above the Chemicals median (#998 of 1613)
No single metric tells the full story. See the TSE:4228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sekisui Kasei Co Ltd is a plastic provider solution company. The company is engaged in manufacture and sale of foamed plastic and other plastic products. It operates in two segments, Human Life, and Industry. The products in human life segment include Eslen beads, Eslen sheet, Eslen wood, Interforms, ES molded products such as ES Dan mat, Eslen block used in agricultural and fishery materials, food packaging materials, distribution materials, construction materials, civil engineering materials. The products in Industry segment are Pioceran, Literon, Neomicrolen, Serpet, Techpolymer, Technogel, Techheater, Elastil, Formac, ST-LAYER used in automotive materials, vehicle parts packaging, industrial materials, industrial packaging, electronic component materials, medical and health materials.
54GF Score
Get the complete analysis for TSE:4228
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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