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Titan KogyoTSE:4098 +1.76%59 Return-on-Tangible-Equity is 4.43% as of Mar. 2026, which is 13% above its 10-year median of 3.93. GuruFocus rates TSE:4098 with a GF Score™ of 59/100 and a GF Value™ of 円1,016.44 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,570 Chemicals companies, Titan Kogyo ranks worse than 60.45% 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. Titan Kogyo's annualized net income for the quarter that ended in Mar. 2026 was 円232 Mil. Titan Kogyo's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円5,238 Mil. Therefore, Titan Kogyo's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.43%.
The historical rank and industry rank for Titan Kogyo's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4098'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.85 Med: 3.93 Max: 9.9
Current: 3.89
During the past 13 years, Titan Kogyo's highest Return-on-Tangible-Equity was 9.90%. The lowest was -28.85%. And the median was 3.93%.
TSE:4098's Return-on-Tangible-Equity is ranked worse than 60.45% of 1570
companies
in the Chemicals industry
Industry Median: 5.745
vs TSE:4098: 3.89
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.
Titan Kogyo Return-on-Tangible-Equity Related Terms
Titan Kogyo Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Titan Kogyo'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.
TSE:4098 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Titan Kogyo'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.
Titan Kogyo Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Titan Kogyo's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Titan Kogyo'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 4.43% mean?
Titan Kogyo (TSE:4098) has a Return-on-Tangible-Equity of 4.43% 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 Titan Kogyo and its competitors. This is 13% above median its historical median of 3.93. According to the industry distribution chart, Titan Kogyo ranks #949 out of 1570 companies in the Chemicals industry, placing it in the top 60.4%.
Is Titan Kogyo's Return-on-Tangible-Equity too high?
Titan Kogyo's current Return-on-Tangible-Equity of 4.43% is 13% above median its 10-year median of 3.93. The Chemicals industry median Return-on-Tangible-Equity is 5.75. Titan Kogyo's value of 4.43% is 22.9% below this industry median. Based on the distribution chart, Titan Kogyo ranks #949 out of 1570 companies in the Chemicals industry, which is below the industry midpoint. Overall, Titan Kogyo has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Titan Kogyo's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Titan Kogyo ranks #949 out of 1570 companies for Return-on-Tangible-Equity. This places Titan Kogyo in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.75. Titan Kogyo's value of 4.43% is 22.9% below this benchmark. While the company's 10-year median is 3.93 vs. the industry median of 5.75, Titan Kogyo has consistently been below 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 5.75, 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. Titan Kogyo's current Return-on-Tangible-Equity of 4.43% is 22.9% below 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 Titan Kogyo and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titan Kogyo's current Return-on-Tangible-Equity is 4.43%, which is 13% above median its own 10-year median of 3.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan Kogyo stock overvalued right now?
Based on GuruFocus' analysis, Titan Kogyo (TSE:4098) is currently considered Fairly Valued. The stock's GF Value™ is 円1,016.44, compared to a current price of 円1,040.00 — trading 2.3% above its estimated fair value. The current Return-on-Tangible-Equity is 4.43%, which is 13% above median its 10-year median of 3.93 and 22.9% below the Chemicals industry median of 5.75. Titan Kogyo's overall GF Score™ is 59/100 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 Titan Kogyo (TSE:4098), the current Return-on-Tangible-Equity is 4.43% 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 Titan Kogyo (TSE:4098) Overvalued in 2026?
Based on GuruFocus' analysis, Titan Kogyo stock appears to be overvalued.
The current stock price of 円1,040.00 is trading 2.3% above its estimated GF Value™ of 円1,016.44.
GuruFocus considers Titan Kogyo to be Fairly Valued.
Key valuation signals for TSE:4098:
Return-on-Tangible-Equity: 4.43% (13% above median its 10-year median of 3.93)
GF Value™: 円1,016.44 vs. price of 円1,040.00 (2.3% above fair value)
Industry Position: 22.9% below the Chemicals median (#949 of 1570)
No single metric tells the full story. See the TSE:4098 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Titan Kogyo Ltd Formerly Titan Kogyo Kabushiki Kaisha is engaged in the manufacturing and selling of titanium oxide and iron oxide and chemical industrial products. Its product offering includes ultrafine titanium oxide, cosmetic pigment, conductive inorganic oxide, titanate, TAROX synthetic iron oxide, scaly iron oxide, and ferrous sulfate. Its products are used as a material for various products such as paints, chemical fibres, building materials, electronic materials, and cosmetics.
59GF Score
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