Adeka (ADKCF) Return-on-Tangible-Equity: 10.73% (As of Mar. 2026) — 19% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ADKCF Adeka Corp ADKCF
88 GF Score
Price $22.50
GF Value $16.98
View Full Analysis

What is Adeka Return-on-Tangible-Equity?

Adeka ADKCF 88 Return-on-Tangible-Equity is 10.73% as of Mar. 2026, which is 19% above its 10-year median of 8.99. GuruFocus rates ADKCF with a GF Score™ of 88/100 and a GF Value™ of $16.98. Among 1,570 Chemicals companies, Adeka ranks better than 67.26% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Adeka's annualized net income for the quarter that ended in Mar. 2026 was $202 Mil. Adeka's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,882 Mil. Therefore, Adeka's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.73%.

The historical rank and industry rank for Adeka's Return-on-Tangible-Equity or its related term are showing as below:

ADKCF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.05   Med: 8.99   Max: 10.64
Current: 9.62

During the past 13 years, Adeka's highest Return-on-Tangible-Equity was 10.64%. The lowest was 7.05%. And the median was 8.99%.

ADKCF's Return-on-Tangible-Equity is ranked better than
67.26% of 1570 companies
in the Chemicals industry
Industry Median: 5.745 vs ADKCF: 9.62

Adeka  (OTCPK:ADKCF) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Adeka Return-on-Tangible-Equity Related Terms


Adeka Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Adeka's Return-on-Tangible-Equity 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.

Adeka Return-on-Tangible-Equity Chart

Adeka Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.20 6.64 8.50 9.11 9.31

Adeka Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.40 10.39 7.13 9.92 10.73

ADKCF vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison

For the Specialty Chemicals subindustry, Adeka's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Adeka Return-on-Tangible-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Adeka's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Adeka's Return-on-Tangible-Equity falls into.


ADKCF
88GF Score
Adeka Corp ADKCF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adeka Return-on-Tangible-Equity Calculation

Adeka's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=175.608/( (1892.188+1878.497 )/ 2 )
=175.608/1885.3425
=9.31 %

Adeka's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=201.936/( (1885.758+1878.497)/ 2 )
=201.936/1882.1275
=10.73 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 10.73% mean?
Adeka (ADKCF) has a Return-on-Tangible-Equity of 10.73% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Adeka and its competitors. This is 19% above median its historical median of 8.99. Over the past decade, Adeka's Return-on-Tangible-Equity has ranged from 7.05 to 10.64. According to the industry distribution chart, Adeka ranks #514 out of 1570 companies in the Chemicals industry, placing it in the top 32.7%.
Is Adeka's Return-on-Tangible-Equity too high?
Adeka's current Return-on-Tangible-Equity of 10.73% is 19% above median its 10-year median of 8.99. Over the past 10 years, this metric has ranged from a low of 7.05 to a high of 10.64. The Chemicals industry median Return-on-Tangible-Equity is 5.75. Adeka's value of 10.73% is 86.8% above this industry median. Based on the distribution chart, Adeka ranks #514 out of 1570 companies in the Chemicals industry, which is above the industry midpoint. Overall, Adeka has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Adeka's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Adeka ranks #514 out of 1570 companies for Return-on-Tangible-Equity. This puts Adeka in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.75. Adeka's value of 10.73% is 86.8% above this benchmark. Historically, Adeka's own Return-on-Tangible-Equity has ranged from 7.05 to 10.64 over the past decade. While the company's 10-year median is 8.99 vs. the industry median of 5.75, Adeka 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-Equity for a Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.75, based on 1,570 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adeka's current Return-on-Tangible-Equity of 10.73% is 86.8% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Adeka and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adeka's current Return-on-Tangible-Equity is 10.73%, which is 19% above median its own 10-year median of 8.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adeka stock overvalued right now?
Adeka (ADKCF) has a current Return-on-Tangible-Equity of 10.73%. The stock's GF Value™ is $16.98, compared to a current price of $22.50 — trading 32.5% above its estimated fair value. The current Return-on-Tangible-Equity is 10.73%, which is 19% above median its 10-year median of 8.99 and 86.8% above the Chemicals industry median of 5.75. Adeka's overall GF Score™ is 88/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Adeka (ADKCF), the current Return-on-Tangible-Equity is 10.73% 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 Adeka (ADKCF) Overvalued in 2026?

Based on GuruFocus' analysis, Adeka stock appears to be overvalued. The current stock price of $22.50 is trading 32.5% above its estimated GF Value™ of $16.98.

Key valuation signals for ADKCF:

  • Return-on-Tangible-Equity: 10.73% (19% above median its 10-year median of 8.99)
  • GF Value™: $16.98 vs. price of $22.50 (32.5% above fair value)
  • GF Score™: 88/100
  • Industry Position: 86.8% above the Chemicals median (#514 of 1570)

No single metric tells the full story. See the ADKCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adeka Business Description

Other Exchanges 4401:Japan
Address 2-35 Higashi-Ogu 7-chome, Arakawa-ku, Tokyo, JPN, 116-8554
Adeka Corp is a Japanese firm engaged in the chemicals, food, and life sciences businesses. The Chemical Business produces additives for polyolefins, stabilizers, plasticizers, flame retardants, semiconductor materials, photoresists, surfactants, lubricants, and cosmetic raw materials. The Food Business manufactures margarines, shortenings, fats, and oils for chocolate and frying, plant-based foods, whipped cream, and mayonnaise. The Life Sciences Business develops agricultural chemicals, pharmaceuticals, veterinary medicines, and functional food ingredients. It generates the majority of its revenue from the Chemical Business segment.
88GF Score

Get the complete analysis for ADKCF

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.50
Price
$16.98
GF Value