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Bando Chemical IndustriesTSE:5195 +0.36%79 Return-on-Tangible-Asset is 10.91% as of Mar. 2026, which is 108% above its 10-year median of 5.25. GuruFocus rates TSE:5195 with a GF Score™ of 79/100 and a GF Value™ of 円2,013.59 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,077 Industrial Products companies, Bando Chemical Industries ranks better than 81.25% 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. Bando Chemical Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was 円13,648 Mil. Bando Chemical Industries's average total tangible assets for the quarter that ended in Mar. 2026 was 円125,082 Mil. Therefore, Bando Chemical Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.91%.
The historical rank and industry rank for Bando Chemical Industries's Return-on-Tangible-Asset or its related term are showing as below:
TSE:5195'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.69 Med: 5.25 Max: 8.86
Current: 8.86
During the past 13 years, Bando Chemical Industries's highest Return-on-Tangible-Asset was 8.86%. The lowest was 0.69%. And the median was 5.25%.
TSE:5195's Return-on-Tangible-Asset is ranked better than 81.25% of 3077
companies
in the Industrial Products industry
Industry Median: 3.31
vs TSE:5195: 8.86
Bando Chemical Industries (TSE:5195) 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.
Bando Chemical Industries Return-on-Tangible-Asset Related Terms
Bando Chemical Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bando Chemical Industries'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.
Bando Chemical Industries Return-on-Tangible-Asset Chart
TSE:5195 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Bando Chemical Industries'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.
Bando Chemical Industries Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bando Chemical Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bando Chemical Industries'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 10.91% mean?
Bando Chemical Industries (TSE:5195) has a Return-on-Tangible-Asset of 10.91% 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 Bando Chemical Industries and its competitors. This is 108% above median its historical median of 5.25. Over the past decade, Bando Chemical Industries' Return-on-Tangible-Asset has ranged from 0.69 to 8.86. According to the industry distribution chart, Bando Chemical Industries ranks #577 out of 3077 companies in the Industrial Products industry, placing it in the top 18.8%.
Is Bando Chemical Industries' Return-on-Tangible-Asset too high?
Bando Chemical Industries' current Return-on-Tangible-Asset of 10.91% is 108% above median its 10-year median of 5.25. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 8.86. The Industrial Products industry median Return-on-Tangible-Asset is 3.31. Bando Chemical Industries' value of 10.91% is 229.6% above this industry median. Based on the distribution chart, Bando Chemical Industries ranks #577 out of 3077 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Bando Chemical Industries has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bando Chemical Industries' Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bando Chemical Industries ranks #577 out of 3077 companies for Return-on-Tangible-Asset. This places Bando Chemical Industries in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.31. Bando Chemical Industries' value of 10.91% is 229.6% above this benchmark. Historically, Bando Chemical Industries' own Return-on-Tangible-Asset has ranged from 0.69 to 8.86 over the past decade. While the company's 10-year median is 5.25 vs. the industry median of 3.31, Bando Chemical Industries 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.31, based on 3,077 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. Bando Chemical Industries's current Return-on-Tangible-Asset of 10.91% is 229.6% 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 Bando Chemical Industries and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bando Chemical Industries's current Return-on-Tangible-Asset is 10.91%, which is 108% above median its own 10-year median of 5.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bando Chemical Industries stock overvalued right now?
Based on GuruFocus' analysis, Bando Chemical Industries (TSE:5195) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,013.59, compared to a current price of 円2,477.00 — trading 23% above its estimated fair value. The current Return-on-Tangible-Asset is 10.91%, which is 108% above median its 10-year median of 5.25 and 229.6% above the Industrial Products industry median of 3.31. Bando Chemical Industries' overall GF Score™ is 79/100 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 Bando Chemical Industries (TSE:5195), the current Return-on-Tangible-Asset is 10.91% 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 Bando Chemical Industries (TSE:5195) Overvalued in 2026?
Based on GuruFocus' analysis, Bando Chemical Industries stock appears to be overvalued.
The current stock price of 円2,477.00 is trading 23% above its estimated GF Value™ of 円2,013.59.
GuruFocus considers Bando Chemical Industries to be Modestly Overvalued.
Key valuation signals for TSE:5195:
Return-on-Tangible-Asset: 10.91% (108% above median its 10-year median of 5.25)
GF Value™: 円2,013.59 vs. price of 円2,477.00 (23% above fair value)
Industry Position: 229.6% above the Industrial Products median (#577 of 3077)
No single metric tells the full story. See the TSE:5195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bando Chemical Industries Ltd manufactures and sells rubber and plastic products such as power transmission belts and systems, belts used in precision equipment, and multimedia parts made form urethane and resins. It operates its business under Belt, Advanced Elastomer Products, and Other segments. Belt segment manufactures and sells transmission belts for automobiles and general industry use, conveyor belts, resin conveyor belts, synchronous conveyor belts, transportation system products, hulling roll and railway track product, among others. Elastomer segment manufactures and sells polyurethane functional components, precision abrasives, films for building materials, medical films and industrial films, among others. Bando earns the majority of its revenue from Belt business.
79GF Score
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