Shoei Yakuhin Co (TSE:3537) Return-on-Tangible-Equity: 6.79% (As of Mar. 2026) — 28% Above Median

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TSE:3537 Shoei Yakuhin Co Ltd TSE:3537
72 GF Score
Price 円1,655.00
GF Value 円1,628.87
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Shoei Yakuhin Co Return-on-Tangible-Equity?

Shoei Yakuhin Co TSE:3537 +1.22% 72 Return-on-Tangible-Equity is 6.79% as of Mar. 2026, which is 28% above its 10-year median of 5.30. GuruFocus rates TSE:3537 with a GF Score™ of 72/100 and a GF Value™ of 円1,628.87 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,570 Chemicals companies, Shoei Yakuhin Co ranks better than 51.53% 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. Shoei Yakuhin Co's annualized net income for the quarter that ended in Mar. 2026 was 円630 Mil. Shoei Yakuhin Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円9,287 Mil. Therefore, Shoei Yakuhin Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.79%.

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

TSE:3537' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.02   Med: 5.3   Max: 7.94
Current: 6.08

During the past 12 years, Shoei Yakuhin Co's highest Return-on-Tangible-Equity was 7.94%. The lowest was 3.02%. And the median was 5.30%.

TSE:3537's Return-on-Tangible-Equity is ranked better than
51.53% of 1570 companies
in the Chemicals industry
Industry Median: 5.77 vs TSE:3537: 6.08

Shoei Yakuhin Co  (TSE:3537) 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.


Shoei Yakuhin Co Return-on-Tangible-Equity Related Terms


Shoei Yakuhin Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Shoei Yakuhin 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.

Shoei Yakuhin Co Return-on-Tangible-Equity Chart

Shoei Yakuhin Co 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 7.94 6.77 6.35 6.18 6.07

Shoei Yakuhin Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 6.17 6.58 5.46 5.35 6.79

TSE:3537 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison

For the Specialty Chemicals subindustry, Shoei Yakuhin 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.


Shoei Yakuhin Co Return-on-Tangible-Equity vs Chemicals Industry

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

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


TSE:3537
72GF Score
Shoei Yakuhin Co Ltd TSE:3537
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shoei Yakuhin Co Return-on-Tangible-Equity Calculation

Shoei Yakuhin Co'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 )
=557.061/( (8934.587+9412.099 )/ 2 )
=557.061/9173.343
=6.07 %

Shoei Yakuhin Co'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: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=630.322/( (9161.892+9412.099)/ 2 )
=630.322/9286.9955
=6.79 %

* 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 two times the semi-annual (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 6.79% mean?
Shoei Yakuhin Co (TSE:3537) has a Return-on-Tangible-Equity of 6.79% 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 Shoei Yakuhin Co and its competitors. This is 28% above median its historical median of 5.30. Over the past decade, Shoei Yakuhin Co's Return-on-Tangible-Equity has ranged from 3.02 to 7.94. According to the industry distribution chart, Shoei Yakuhin Co ranks #761 out of 1570 companies in the Chemicals industry, placing it in the top 48.5%.
Is Shoei Yakuhin Co's Return-on-Tangible-Equity too high?
Shoei Yakuhin Co's current Return-on-Tangible-Equity of 6.79% is 28% above median its 10-year median of 5.30. Over the past 10 years, this metric has ranged from a low of 3.02 to a high of 7.94. The Chemicals industry median Return-on-Tangible-Equity is 5.77. Shoei Yakuhin Co's value of 6.79% is 17.7% above this industry median. Based on the distribution chart, Shoei Yakuhin Co ranks #761 out of 1570 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shoei Yakuhin Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shoei Yakuhin Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shoei Yakuhin Co ranks #761 out of 1570 companies for Return-on-Tangible-Equity. This puts Shoei Yakuhin Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.77. Shoei Yakuhin Co's value of 6.79% is 17.7% above this benchmark. Historically, Shoei Yakuhin Co's own Return-on-Tangible-Equity has ranged from 3.02 to 7.94 over the past decade. While the company's 10-year median is 5.30 vs. the industry median of 5.77, Shoei Yakuhin 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.77, 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. Shoei Yakuhin Co's current Return-on-Tangible-Equity of 6.79% is 17.7% 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 Shoei Yakuhin Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoei Yakuhin Co's current Return-on-Tangible-Equity is 6.79%, which is 28% above median its own 10-year median of 5.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoei Yakuhin Co stock overvalued right now?
Based on GuruFocus' analysis, Shoei Yakuhin Co (TSE:3537) is currently considered Fairly Valued. The stock's GF Value™ is 円1,628.87, compared to a current price of 円1,655.00 — trading 1.6% above its estimated fair value. The current Return-on-Tangible-Equity is 6.79%, which is 28% above median its 10-year median of 5.30 and 17.7% above the Chemicals industry median of 5.77. Shoei Yakuhin Co's overall GF Score™ is 72/100 with 1 warning sign 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 Shoei Yakuhin Co (TSE:3537), the current Return-on-Tangible-Equity is 6.79% 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 Shoei Yakuhin Co (TSE:3537) Overvalued in 2026?

Based on GuruFocus' analysis, Shoei Yakuhin Co stock appears to be overvalued. The current stock price of 円1,655.00 is trading 1.6% above its estimated GF Value™ of 円1,628.87. GuruFocus considers Shoei Yakuhin Co to be Fairly Valued.

Key valuation signals for TSE:3537:

  • Return-on-Tangible-Equity: 6.79% (28% above median its 10-year median of 5.30)
  • GF Value™: 円1,628.87 vs. price of 円1,655.00 (1.6% above fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 17.7% above the Chemicals median (#761 of 1570)

No single metric tells the full story. See the TSE:3537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shoei Yakuhin Co Business Description

Address 5-1 Azuchimachi 1-Chome, Senba Shoei Building, Chuo-ku, Osaka, JPN, 541-0052
Shoei Yakuhin Co Ltd is engaged in the manufacture and sale of chemical products, daily goods, and civil engineering materials. The company operates under three main reporting segments: Chemical Products, Daily Goods, and Civil Engineering Materials. The Chemical Products segment includes items such as fatty alcohols, fatty acids, surfactants, and other chemical products. The Daily Goods segment focuses on detergents and various hygiene-related products. The Civil Engineering Materials segment provides soil improvement materials, repair agents, and environmental improvement materials.
72GF Score

Get the complete analysis for TSE:3537

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

円1,655.00
Price
円1,628.87
GF Value