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Nippon Dry-Chemical CoTSE:1909 -0.14%74 Return-on-Tangible-Equity is 13.02% as of Mar. 2026, which is 8% below its 10-year median of 14.21. GuruFocus rates TSE:1909 with a GF Score™ of 74/100 and a GF Value™ of 円1,034.52 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,009 Business Services companies, Nippon Dry-Chemical Co ranks better than 66.2% 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. Nippon Dry-Chemical Co's annualized net income for the quarter that ended in Mar. 2026 was 円3,912 Mil. Nippon Dry-Chemical Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円30,045 Mil. Therefore, Nippon Dry-Chemical Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.02%.
The historical rank and industry rank for Nippon Dry-Chemical Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:1909'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.11 Med: 14.21 Max: 18.32
Current: 18.32
During the past 13 years, Nippon Dry-Chemical Co's highest Return-on-Tangible-Equity was 18.32%. The lowest was 10.11%. And the median was 14.21%.
TSE:1909's Return-on-Tangible-Equity is ranked better than 66.2% of 1009
companies
in the Business Services industry
Industry Median: 10.61
vs TSE:1909: 18.32
Nippon Dry-Chemical Co (TSE:1909) 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.
Nippon Dry-Chemical Co Return-on-Tangible-Equity Related Terms
Nippon Dry-Chemical Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nippon Dry-Chemical Co'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.
Nippon Dry-Chemical Co Return-on-Tangible-Equity Chart
TSE:1909 vs ALLE, MSA, ADT: Return-on-Tangible-Equity Comparison
For the Security & Protection Services subindustry, Nippon Dry-Chemical Co'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.
Nippon Dry-Chemical Co Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Nippon Dry-Chemical Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nippon Dry-Chemical Co'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 13.02% mean?
Nippon Dry-Chemical Co (TSE:1909) has a Return-on-Tangible-Equity of 13.02% 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 Nippon Dry-Chemical Co and its competitors. This is near median its historical median of 14.21. Over the past decade, Nippon Dry-Chemical Co's Return-on-Tangible-Equity has ranged from 10.11 to 18.32. According to the industry distribution chart, Nippon Dry-Chemical Co ranks #341 out of 1009 companies in the Business Services industry, placing it in the top 33.8%.
Is Nippon Dry-Chemical Co's Return-on-Tangible-Equity too high?
Nippon Dry-Chemical Co's current Return-on-Tangible-Equity of 13.02% is near median its 10-year median of 14.21. Over the past 10 years, this metric has ranged from a low of 10.11 to a high of 18.32. The Business Services industry median Return-on-Tangible-Equity is 10.61. Nippon Dry-Chemical Co's value of 13.02% is 22.7% above this industry median. Based on the distribution chart, Nippon Dry-Chemical Co ranks #341 out of 1009 companies in the Business Services industry, which is above the industry midpoint. Overall, Nippon Dry-Chemical Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Dry-Chemical Co's Return-on-Tangible-Equity compare to ALLE and MSA?
According to the Business Services industry distribution chart, Nippon Dry-Chemical Co ranks #341 out of 1009 companies for Return-on-Tangible-Equity. This puts Nippon Dry-Chemical Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.61. Nippon Dry-Chemical Co's value of 13.02% is 22.7% above this benchmark. Historically, Nippon Dry-Chemical Co's own Return-on-Tangible-Equity has ranged from 10.11 to 18.32 over the past decade. While the company's 10-year median is 14.21 vs. the industry median of 10.61, Nippon Dry-Chemical 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-Equity for a Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.61, based on 1,009 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. Nippon Dry-Chemical Co's current Return-on-Tangible-Equity of 13.02% is 22.7% 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 Nippon Dry-Chemical Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Dry-Chemical Co's current Return-on-Tangible-Equity is 13.02%, which is near median its own 10-year median of 14.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Dry-Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Dry-Chemical Co (TSE:1909) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,034.52, compared to a current price of 円3,690.00 — trading 256.7% above its estimated fair value. The current Return-on-Tangible-Equity is 13.02%, which is near median its 10-year median of 14.21 and 22.7% above the Business Services industry median of 10.61. Nippon Dry-Chemical Co's overall GF Score™ is 74/100 with 2 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 Nippon Dry-Chemical Co (TSE:1909), the current Return-on-Tangible-Equity is 13.02% 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 Nippon Dry-Chemical Co (TSE:1909) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Dry-Chemical Co stock appears to be overvalued.
The current stock price of 円3,690.00 is trading 256.7% above its estimated GF Value™ of 円1,034.52.
GuruFocus considers Nippon Dry-Chemical Co to be Significantly Overvalued.
Key valuation signals for TSE:1909:
Return-on-Tangible-Equity: 13.02% (near median its 10-year median of 14.21)
GF Value™: 円1,034.52 vs. price of 円3,690.00 (256.7% above fair value)
Industry Position: 22.7% above the Business Services median (#341 of 1009)
No single metric tells the full story. See the TSE:1909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Dry-Chemical Co Ltd designs, manufactures, sells, and installs fire extinguishing equipment, fire engines and security systems in Japan. The company offers sprinkler systems; drencher equipment; sprinkler systems for apartment buildings; automatic fire alarm systems; water ejector sprinkler systems; indoor/outdoor hydrants; tunnel disaster prevention systems; and consolidated water pipes among other products.
74GF Score
Get the complete analysis for TSE:1909
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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