Oji HoldingsOJIPF 64 Return-on-Tangible-Equity is 10.29% as of Mar. 2026, which is 55% above its 10-year median of 6.65. GuruFocus rates OJIPF with a GF Score™ of 64/100 and a GF Value™ of $5.28. The stock has 7 warning signs investors should review. Among 280 Forest Products companies, Oji Holdings ranks better than 70% 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. Oji Holdings's annualized net income for the quarter that ended in Mar. 2026 was $620 Mil. Oji Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $6,021 Mil. Therefore, Oji Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.29%.
The historical rank and industry rank for Oji Holdings's Return-on-Tangible-Equity or its related term are showing as below:
OJIPF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.56 Med: 6.65 Max: 11.09
Current: 5.86
During the past 13 years, Oji Holdings's highest Return-on-Tangible-Equity was 11.09%. The lowest was 4.56%. And the median was 6.65%.
OJIPF's Return-on-Tangible-Equity is ranked better than 70% of 280
companies
in the Forest Products industry
Industry Median: 2.145
vs OJIPF: 5.86
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.
Oji Holdings Return-on-Tangible-Equity Related Terms
Oji Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Oji Holdings'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.
For the Paper & Paper Products subindustry, Oji Holdings'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.
Oji Holdings Return-on-Tangible-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Oji Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Oji Holdings's Return-on-Tangible-Equity 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-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 10.29% mean?
Oji Holdings (OJIPF) has a Return-on-Tangible-Equity of 10.29% 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 Oji Holdings and its competitors. This is 55% above median its historical median of 6.65. Over the past decade, Oji Holdings' Return-on-Tangible-Equity has ranged from 4.56 to 11.09. According to the industry distribution chart, Oji Holdings ranks #84 out of 280 companies in the Forest Products industry, placing it in the top 30%.
Is Oji Holdings' Return-on-Tangible-Equity too high?
Oji Holdings' current Return-on-Tangible-Equity of 10.29% is 55% above median its 10-year median of 6.65. Over the past 10 years, this metric has ranged from a low of 4.56 to a high of 11.09. The Forest Products industry median Return-on-Tangible-Equity is 2.15. Oji Holdings' value of 10.29% is 379.7% above this industry median. Based on the distribution chart, Oji Holdings ranks #84 out of 280 companies in the Forest Products industry, which is above the industry midpoint. Overall, Oji Holdings has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Oji Holdings' Return-on-Tangible-Equity compare to competitors?
According to the Forest Products industry distribution chart, Oji Holdings ranks #84 out of 280 companies for Return-on-Tangible-Equity. This puts Oji Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 2.15. Oji Holdings' value of 10.29% is 379.7% above this benchmark. Historically, Oji Holdings' own Return-on-Tangible-Equity has ranged from 4.56 to 11.09 over the past decade. While the company's 10-year median is 6.65 vs. the industry median of 2.15, Oji Holdings 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.15, based on 280 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. Oji Holdings's current Return-on-Tangible-Equity of 10.29% is 379.7% 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 Oji Holdings and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oji Holdings's current Return-on-Tangible-Equity is 10.29%, which is 55% above median its own 10-year median of 6.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oji Holdings stock overvalued right now?
Oji Holdings (OJIPF) has a current Return-on-Tangible-Equity of 10.29%. The stock's GF Value™ is $5.28, compared to a current price of $5.80 — trading 9.8% above its estimated fair value. The current Return-on-Tangible-Equity is 10.29%, which is 55% above median its 10-year median of 6.65 and 379.7% above the Forest Products industry median of 2.15. Oji Holdings' overall GF Score™ is 64/100 with 7 warning signs to review. 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 Oji Holdings (OJIPF), the current Return-on-Tangible-Equity is 10.29% 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 Oji Holdings (OJIPF) Overvalued in 2026?
Based on GuruFocus' analysis, Oji Holdings stock appears to be overvalued.
The current stock price of $5.80 is trading 9.8% above its estimated GF Value™ of $5.28.
Key valuation signals for OJIPF:
Return-on-Tangible-Equity: 10.29% (55% above median its 10-year median of 6.65)
GF Value™: $5.28 vs. price of $5.80 (9.8% above fair value)
Industry Position: 379.7% above the Forest Products median (#84 of 280)
No single metric tells the full story. See the OJIPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oji Holdings Corp through its group companies, is engaged in the production and distribution of pulp, paper products, and converted paper products. The company operates through five segments. The Functional Materials segment covers specialty paper, thermal paper, adhesives, and films. The Living and Industrial Materials segment includes corrugated base paper, paperboard, packaging paper, household paper, and disposable diapers. The Print Information Media segment engages in newsprint, printing, publishing, and information paper. The Resource and Environmental Business segment spans pulp, energy, afforestation, and wood processing. The Others segment comprises trading, eco-friendly packaging, logistics, engineering, real estate, and liquid cartons.
64GF Score
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