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.
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.
Koatsu Gas Kogyo CoTSE:4097 +0.27%72 Return-on-Tangible-Equity is 6.04% as of Mar. 2026, which is 4% below its 10-year median of 6.27. GuruFocus rates TSE:4097 with a GF Score™ of 72/100 and a GF Value™ of 円952.45 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,568 Chemicals companies, Koatsu Gas Kogyo Co ranks worse than 50.19% 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. Koatsu Gas Kogyo Co's annualized net income for the quarter that ended in Mar. 2026 was 円4,980 Mil. Koatsu Gas Kogyo Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円82,481 Mil. Therefore, Koatsu Gas Kogyo Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.04%.
The historical rank and industry rank for Koatsu Gas Kogyo Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4097'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.75 Med: 6.27 Max: 6.88
Current: 5.76
During the past 13 years, Koatsu Gas Kogyo Co's highest Return-on-Tangible-Equity was 6.88%. The lowest was 5.75%. And the median was 6.27%.
TSE:4097's Return-on-Tangible-Equity is ranked worse than 50.19% of 1568
companies
in the Chemicals industry
Industry Median: 5.785
vs TSE:4097: 5.76
Koatsu Gas Kogyo Co (TSE:4097) 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.
Koatsu Gas Kogyo Co Return-on-Tangible-Equity Related Terms
Koatsu Gas Kogyo Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Koatsu Gas Kogyo 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.
Koatsu Gas Kogyo Co Return-on-Tangible-Equity Chart
TSE:4097 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Koatsu Gas Kogyo 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.
Koatsu Gas Kogyo Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Koatsu Gas Kogyo Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Koatsu Gas Kogyo 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 6.04% mean?
Koatsu Gas Kogyo Co (TSE:4097) has a Return-on-Tangible-Equity of 6.04% 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 Koatsu Gas Kogyo Co and its competitors. This is near median its historical median of 6.27. Over the past decade, Koatsu Gas Kogyo Co's Return-on-Tangible-Equity has ranged from 5.75 to 6.88. According to the industry distribution chart, Koatsu Gas Kogyo Co ranks #787 out of 1568 companies in the Chemicals industry, placing it in the top 50.2%.
Is Koatsu Gas Kogyo Co's Return-on-Tangible-Equity too high?
Koatsu Gas Kogyo Co's current Return-on-Tangible-Equity of 6.04% is near median its 10-year median of 6.27. Over the past 10 years, this metric has ranged from a low of 5.75 to a high of 6.88. The Chemicals industry median Return-on-Tangible-Equity is 5.79. Koatsu Gas Kogyo Co's value of 6.04% is 4.4% above this industry median. Based on the distribution chart, Koatsu Gas Kogyo Co ranks #787 out of 1568 companies in the Chemicals industry, which is below the industry midpoint. Overall, Koatsu Gas Kogyo Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koatsu Gas Kogyo Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Koatsu Gas Kogyo Co ranks #787 out of 1568 companies for Return-on-Tangible-Equity. This places Koatsu Gas Kogyo Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.79. Koatsu Gas Kogyo Co's value of 6.04% is 4.4% above this benchmark. Historically, Koatsu Gas Kogyo Co's own Return-on-Tangible-Equity has ranged from 5.75 to 6.88 over the past decade. While the company's 10-year median is 6.27 vs. the industry median of 5.79, Koatsu Gas Kogyo 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 5.79, based on 1,568 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. Koatsu Gas Kogyo Co's current Return-on-Tangible-Equity of 6.04% is 4.4% 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 Koatsu Gas Kogyo Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koatsu Gas Kogyo Co's current Return-on-Tangible-Equity is 6.04%, which is near median its own 10-year median of 6.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koatsu Gas Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Koatsu Gas Kogyo Co (TSE:4097) is currently considered Modestly Overvalued. The stock's GF Value™ is 円952.45, compared to a current price of 円1,129.00 — trading 18.5% above its estimated fair value. The current Return-on-Tangible-Equity is 6.04%, which is near median its 10-year median of 6.27 and 4.4% above the Chemicals industry median of 5.79. Koatsu Gas Kogyo Co's overall GF Score™ is 72/100 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 Koatsu Gas Kogyo Co (TSE:4097), the current Return-on-Tangible-Equity is 6.04% 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 Koatsu Gas Kogyo Co (TSE:4097) Overvalued in 2026?
Based on GuruFocus' analysis, Koatsu Gas Kogyo Co stock appears to be overvalued.
The current stock price of 円1,129.00 is trading 18.5% above its estimated GF Value™ of 円952.45.
GuruFocus considers Koatsu Gas Kogyo Co to be Modestly Overvalued.
Key valuation signals for TSE:4097:
Return-on-Tangible-Equity: 6.04% (near median its 10-year median of 6.27)
GF Value™: 円952.45 vs. price of 円1,129.00 (18.5% above fair value)
Industry Position: 4.4% above the Chemicals median (#787 of 1568)
No single metric tells the full story. See the TSE:4097 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koatsu Gas Kogyo Co Ltd is engaged in the production and distribution of industrial gases and chemical products. It has three operating business divisions: Gas, Chemical Products and Information Systems. The company supplies various types of gases to a broad range of industrial sectors, from living-related industries to the medical industry. Its chemical products offering includes adhesives, a synthetic resin emulsion, cyanon, special resin and a nonwoven shock-absorbing material. The company offers information systems, such as LSI cards and reader-writers for various industrial fields, such as construction, civil engineering, transportation, and production equipment; and GNSS receiver modules.
72GF Score
Get the complete analysis for TSE:4097
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:4097 has been successfully added to your 
