Nippon Pigment Holdings Co (TSE:4119) Return-on-Tangible-Equity: 7.68% (As of Mar. 2026) — 44% Above Median

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TSE:4119 Nippon Pigment Holdings Co Ltd TSE:4119
63 GF Score
Price 円5,700.00
GF Value 円4,218.48
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nippon Pigment Holdings Co Return-on-Tangible-Equity?

Nippon Pigment Holdings Co TSE:4119 63 Return-on-Tangible-Equity is 7.68% as of Mar. 2026, which is 44% above its 10-year median of 5.35. GuruFocus rates TSE:4119 with a GF Score™ of 63/100 and a GF Value™ of 円4,218.48 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,570 Chemicals companies, Nippon Pigment Holdings Co ranks worse than 50.76% 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 Pigment Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was 円1,624 Mil. Nippon Pigment Holdings Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円21,147 Mil. Therefore, Nippon Pigment Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.68%.

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

TSE:4119' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.74   Med: 5.35   Max: 29.52
Current: 5.61

During the past 13 years, Nippon Pigment Holdings Co's highest Return-on-Tangible-Equity was 29.52%. The lowest was -3.74%. And the median was 5.35%.

TSE:4119's Return-on-Tangible-Equity is ranked worse than
50.76% of 1570 companies
in the Chemicals industry
Industry Median: 5.78 vs TSE:4119: 5.61

Nippon Pigment Holdings Co  (TSE:4119) 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 Pigment Holdings Co Return-on-Tangible-Equity Related Terms


Nippon Pigment Holdings Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Nippon Pigment Holdings 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 Pigment Holdings Co Return-on-Tangible-Equity Chart

Nippon Pigment Holdings 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 6.68 -3.74 5.22 29.52 5.52

Nippon Pigment Holdings 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 10.08 75.09 -15.94 3.50 7.68

TSE:4119 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison

For the Specialty Chemicals subindustry, Nippon Pigment Holdings 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 Pigment Holdings Co Return-on-Tangible-Equity vs Chemicals Industry

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

* The bar in red indicates where Nippon Pigment Holdings Co's Return-on-Tangible-Equity falls into.


TSE:4119
63GF Score
Nippon Pigment Holdings Co Ltd TSE:4119
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Pigment Holdings Co Return-on-Tangible-Equity Calculation

Nippon Pigment Holdings 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 )
=1159.013/( (19669.076+22303.593 )/ 2 )
=1159.013/20986.3345
=5.52 %

Nippon Pigment Holdings 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 )
=1623.876/( (19989.853+22303.593)/ 2 )
=1623.876/21146.723
=7.68 %

* 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 7.68% mean?
Nippon Pigment Holdings Co (TSE:4119) has a Return-on-Tangible-Equity of 7.68% 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 Pigment Holdings Co and its competitors. This is 44% above median its historical median of 5.35. According to the industry distribution chart, Nippon Pigment Holdings Co ranks #797 out of 1570 companies in the Chemicals industry, placing it in the top 50.8%.
Is Nippon Pigment Holdings Co's Return-on-Tangible-Equity too high?
Nippon Pigment Holdings Co's current Return-on-Tangible-Equity of 7.68% is 44% above median its 10-year median of 5.35. The Chemicals industry median Return-on-Tangible-Equity is 5.78. Nippon Pigment Holdings Co's value of 7.68% is 32.9% above this industry median. Based on the distribution chart, Nippon Pigment Holdings Co ranks #797 out of 1570 companies in the Chemicals industry, which is below the industry midpoint. Overall, Nippon Pigment Holdings Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Pigment Holdings Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Pigment Holdings Co ranks #797 out of 1570 companies for Return-on-Tangible-Equity. This places Nippon Pigment Holdings Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.78. Nippon Pigment Holdings Co's value of 7.68% is 32.9% above this benchmark. While the company's 10-year median is 5.35 vs. the industry median of 5.78, Nippon Pigment Holdings 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 5.78, 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 Pigment Holdings Co's current Return-on-Tangible-Equity of 7.68% is 32.9% 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 Pigment Holdings Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Pigment Holdings Co's current Return-on-Tangible-Equity is 7.68%, which is 44% above median its own 10-year median of 5.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Pigment Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Pigment Holdings Co (TSE:4119) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,218.48, compared to a current price of 円5,700.00 — trading 35.1% above its estimated fair value. The current Return-on-Tangible-Equity is 7.68%, which is 44% above median its 10-year median of 5.35 and 32.9% above the Chemicals industry median of 5.78. Nippon Pigment Holdings Co's overall GF Score™ is 63/100 with 7 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 Pigment Holdings Co (TSE:4119), the current Return-on-Tangible-Equity is 7.68% 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 Pigment Holdings Co (TSE:4119) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Pigment Holdings Co stock appears to be overvalued. The current stock price of 円5,700.00 is trading 35.1% above its estimated GF Value™ of 円4,218.48. GuruFocus considers Nippon Pigment Holdings Co to be Significantly Overvalued.

Key valuation signals for TSE:4119:

  • Return-on-Tangible-Equity: 7.68% (44% above median its 10-year median of 5.35)
  • GF Value™: 円4,218.48 vs. price of 円5,700.00 (35.1% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 32.9% above the Chemicals median (#797 of 1570)

No single metric tells the full story. See the TSE:4119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Pigment Holdings Co Business Description

Address 20 Kanda Nishikicho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-0054
Nippon Pigment Holdings Co Ltd is engaged in business activities mainly involving the manufacture and sale of resin compounds and various colorants for resins (for plastics), paints, fibers, etc.
63GF Score

Get the complete analysis for TSE:4119

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

円5,700.00
Price
円4,218.48
GF Value