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Chemipro Kasei KaishaTSE:4960 -1.31%58 Return-on-Tangible-Asset is 4.67% as of Mar. 2026, which is 313% above its 10-year median of 1.13. GuruFocus rates TSE:4960 with a GF Score™ of 58/100 and a GF Value™ of 円310.54 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,613 Chemicals companies, Chemipro Kasei Kaisha ranks worse than 56.85% 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. Chemipro Kasei Kaisha's annualizedNet Income for the quarter that ended in Mar. 2026 was 円582 Mil. Chemipro Kasei Kaisha's average total tangible assets for the quarter that ended in Mar. 2026 was 円12,470 Mil. Therefore, Chemipro Kasei Kaisha's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.67%.
The historical rank and industry rank for Chemipro Kasei Kaisha's Return-on-Tangible-Asset or its related term are showing as below:
TSE:4960'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.44 Med: 1.13 Max: 2.32
Current: 2.32
During the past 13 years, Chemipro Kasei Kaisha's highest Return-on-Tangible-Asset was 2.32%. The lowest was 0.44%. And the median was 1.13%.
TSE:4960's Return-on-Tangible-Asset is ranked worse than 56.85% of 1613
companies
in the Chemicals industry
Industry Median: 3.13
vs TSE:4960: 2.32
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.
Chemipro Kasei Kaisha Return-on-Tangible-Asset Related Terms
Chemipro Kasei Kaisha Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Chemipro Kasei Kaisha'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:4960 vs DOW: Return-on-Tangible-Asset Comparison
For the Chemicals subindustry, Chemipro Kasei Kaisha'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.
Chemipro Kasei Kaisha Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Chemipro Kasei Kaisha's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chemipro Kasei Kaisha'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 4.67% mean?
Chemipro Kasei Kaisha (TSE:4960) has a Return-on-Tangible-Asset of 4.67% 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 Chemipro Kasei Kaisha and its competitors. This is 313% above median its historical median of 1.13. Over the past decade, Chemipro Kasei Kaisha's Return-on-Tangible-Asset has ranged from 0.44 to 2.32. According to the industry distribution chart, Chemipro Kasei Kaisha ranks #917 out of 1613 companies in the Chemicals industry, placing it in the top 56.9%.
Is Chemipro Kasei Kaisha's Return-on-Tangible-Asset too high?
Chemipro Kasei Kaisha's current Return-on-Tangible-Asset of 4.67% is 313% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 2.32. The Chemicals industry median Return-on-Tangible-Asset is 3.13. Chemipro Kasei Kaisha's value of 4.67% is 49.2% above this industry median. Based on the distribution chart, Chemipro Kasei Kaisha ranks #917 out of 1613 companies in the Chemicals industry, which is below the industry midpoint. Overall, Chemipro Kasei Kaisha has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chemipro Kasei Kaisha's Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, Chemipro Kasei Kaisha ranks #917 out of 1613 companies for Return-on-Tangible-Asset. This places Chemipro Kasei Kaisha in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.13. Chemipro Kasei Kaisha's value of 4.67% is 49.2% above this benchmark. Historically, Chemipro Kasei Kaisha's own Return-on-Tangible-Asset has ranged from 0.44 to 2.32 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 3.13, Chemipro Kasei Kaisha 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. Chemipro Kasei Kaisha's current Return-on-Tangible-Asset of 4.67% is 49.2% 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 Chemipro Kasei Kaisha 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. Chemipro Kasei Kaisha's current Return-on-Tangible-Asset is 4.67%, which is 313% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemipro Kasei Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Chemipro Kasei Kaisha (TSE:4960) is currently considered Significantly Overvalued. The stock's GF Value™ is 円310.54, compared to a current price of 円528.00 — trading 70% above its estimated fair value. The current Return-on-Tangible-Asset is 4.67%, which is 313% above median its 10-year median of 1.13 and 49.2% above the Chemicals industry median of 3.13. Chemipro Kasei Kaisha's overall GF Score™ is 58/100 with 6 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 Chemipro Kasei Kaisha (TSE:4960), the current Return-on-Tangible-Asset is 4.67% 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 Chemipro Kasei Kaisha (TSE:4960) Overvalued in 2026?
Based on GuruFocus' analysis, Chemipro Kasei Kaisha stock appears to be overvalued.
The current stock price of 円528.00 is trading 70% above its estimated GF Value™ of 円310.54.
GuruFocus considers Chemipro Kasei Kaisha to be Significantly Overvalued.
Key valuation signals for TSE:4960:
Return-on-Tangible-Asset: 4.67% (313% above median its 10-year median of 1.13)
GF Value™: 円310.54 vs. price of 円528.00 (70% above fair value)
Industry Position: 49.2% above the Chemicals median (#917 of 1613)
No single metric tells the full story. See the TSE:4960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chemipro Kasei Kaisha Ltd is a Japan-based company engaged in the manufacture and sale of organic and industrial chemicals. It manufactures ultraviolet absorbers, intermediates of photographic chemicals, and papermaking chemical agents.
58GF Score
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