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Nippon Chemical Industrial CoTSE:4092 -8.56%66 Return-on-Tangible-Equity is 6.41% as of Mar. 2026, which is 7% above its 10-year median of 5.99. GuruFocus rates TSE:4092 with a GF Score™ of 66/100 and a GF Value™ of 円2,452.54 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,570 Chemicals companies, Nippon Chemical Industrial Co ranks better than 51.46% 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 Chemical Industrial Co's annualized net income for the quarter that ended in Mar. 2026 was 円3,116 Mil. Nippon Chemical Industrial Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円48,598 Mil. Therefore, Nippon Chemical Industrial Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.41%.
The historical rank and industry rank for Nippon Chemical Industrial Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4092'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.05 Med: 5.99 Max: 9.35
Current: 6.06
During the past 13 years, Nippon Chemical Industrial Co's highest Return-on-Tangible-Equity was 9.35%. The lowest was 2.05%. And the median was 5.99%.
TSE:4092's Return-on-Tangible-Equity is ranked better than 51.46% of 1570
companies
in the Chemicals industry
Industry Median: 5.77
vs TSE:4092: 6.06
Nippon Chemical Industrial Co (TSE:4092) 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 Chemical Industrial Co Return-on-Tangible-Equity Related Terms
Nippon Chemical Industrial Co Return-on-Tangible-Equity Historical Data
* 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 Chemical Industrial Co Return-on-Tangible-Equity Chart
TSE:4092 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Nippon Chemical Industrial 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 Chemical Industrial Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nippon Chemical Industrial Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nippon Chemical Industrial 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 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 6.41% mean?
Nippon Chemical Industrial Co (TSE:4092) has a Return-on-Tangible-Equity of 6.41% 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 Chemical Industrial Co and its competitors. This is near median its historical median of 5.99. Over the past decade, Nippon Chemical Industrial Co's Return-on-Tangible-Equity has ranged from 2.05 to 9.35. According to the industry distribution chart, Nippon Chemical Industrial Co ranks #762 out of 1570 companies in the Chemicals industry, placing it in the top 48.5%.
Is Nippon Chemical Industrial Co's Return-on-Tangible-Equity too high?
Nippon Chemical Industrial Co's current Return-on-Tangible-Equity of 6.41% is near median its 10-year median of 5.99. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 9.35. The Chemicals industry median Return-on-Tangible-Equity is 5.77. Nippon Chemical Industrial Co's value of 6.41% is 11.1% above this industry median. Based on the distribution chart, Nippon Chemical Industrial Co ranks #762 out of 1570 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nippon Chemical Industrial Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Chemical Industrial Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Chemical Industrial Co ranks #762 out of 1570 companies for Return-on-Tangible-Equity. This puts Nippon Chemical Industrial Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.77. Nippon Chemical Industrial Co's value of 6.41% is 11.1% above this benchmark. Historically, Nippon Chemical Industrial Co's own Return-on-Tangible-Equity has ranged from 2.05 to 9.35 over the past decade. While the company's 10-year median is 5.99 vs. the industry median of 5.77, Nippon Chemical Industrial 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. Nippon Chemical Industrial Co's current Return-on-Tangible-Equity of 6.41% is 11.1% 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 Chemical Industrial 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. Nippon Chemical Industrial Co's current Return-on-Tangible-Equity is 6.41%, which is near median its own 10-year median of 5.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Chemical Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Chemical Industrial Co (TSE:4092) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,452.54, compared to a current price of 円4,700.00 — trading 91.6% above its estimated fair value. The current Return-on-Tangible-Equity is 6.41%, which is near median its 10-year median of 5.99 and 11.1% above the Chemicals industry median of 5.77. Nippon Chemical Industrial Co's overall GF Score™ is 66/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Nippon Chemical Industrial Co (TSE:4092), the current Return-on-Tangible-Equity is 6.41% 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 Chemical Industrial Co (TSE:4092) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Chemical Industrial Co stock appears to be overvalued.
The current stock price of 円4,700.00 is trading 91.6% above its estimated GF Value™ of 円2,452.54.
GuruFocus considers Nippon Chemical Industrial Co to be Significantly Overvalued.
Key valuation signals for TSE:4092:
Return-on-Tangible-Equity: 6.41% (near median its 10-year median of 5.99)
GF Value™: 円2,452.54 vs. price of 円4,700.00 (91.6% above fair value)
Industry Position: 11.1% above the Chemicals median (#762 of 1570)
No single metric tells the full story. See the TSE:4092 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Chemical Industrial Co Business Description
Nippon Chemical Industrial Co Ltd is a Japanese based company. The company is engaged in the manufacturing and sale of chemical products. It offers products under the inorganic and specialty chemicals division. Its inorganic chemical products include chromium, silicates, phosphorus, and barium. It also offers specialty chemicals, such as electronic ceramic materials, barium compounds, circuit materials, battery materials, organic phosphorus compounds, pharmaceutical and agrochemical intermediates, semiconductor materials, and flame retardants, as well as other specialty products comprising thiourea and high-purity thiourea.
66GF Score
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