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Manac Chemical Partners CoTSE:4360 -4.55%60 Return-on-Tangible-Equity is 5.77% as of Mar. 2026, which is 19% below its 10-year median of 7.08. GuruFocus rates TSE:4360 with a GF Score™ of 60/100 and a GF Value™ of 円597.13 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,570 Chemicals companies, Manac Chemical Partners Co ranks better than 57.96% 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. Manac Chemical Partners Co's annualized net income for the quarter that ended in Mar. 2026 was 円632 Mil. Manac Chemical Partners Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円10,954 Mil. Therefore, Manac Chemical Partners Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.77%.
The historical rank and industry rank for Manac Chemical Partners Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4360'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.43 Med: 7.08 Max: 7.86
Current: 7.31
During the past 5 years, Manac Chemical Partners Co's highest Return-on-Tangible-Equity was 7.86%. The lowest was -8.43%. And the median was 7.08%.
TSE:4360's Return-on-Tangible-Equity is ranked better than 57.96% of 1570
companies
in the Chemicals industry
Industry Median: 5.78
vs TSE:4360: 7.31
Manac Chemical Partners Co (TSE:4360) 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.
Manac Chemical Partners Co Return-on-Tangible-Equity Related Terms
Manac Chemical Partners 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.
Manac Chemical Partners Co Return-on-Tangible-Equity Chart
TSE:4360 vs DOW: Return-on-Tangible-Equity Comparison
For the Chemicals subindustry, Manac Chemical Partners 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.
Manac Chemical Partners Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Manac Chemical Partners Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Manac Chemical Partners 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 5.77% mean?
Manac Chemical Partners Co (TSE:4360) has a Return-on-Tangible-Equity of 5.77% 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 Manac Chemical Partners Co and its competitors. This is 19% below median its historical median of 7.08. According to the industry distribution chart, Manac Chemical Partners Co ranks #660 out of 1570 companies in the Chemicals industry, placing it in the top 42%.
Is Manac Chemical Partners Co's Return-on-Tangible-Equity too high?
Manac Chemical Partners Co's current Return-on-Tangible-Equity of 5.77% is 19% below median its 10-year median of 7.08. The Chemicals industry median Return-on-Tangible-Equity is 5.78. Manac Chemical Partners Co's value of 5.77% is 0.2% below this industry median. Based on the distribution chart, Manac Chemical Partners Co ranks #660 out of 1570 companies in the Chemicals industry, which is above the industry midpoint. Overall, Manac Chemical Partners Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manac Chemical Partners Co's Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Manac Chemical Partners Co ranks #660 out of 1570 companies for Return-on-Tangible-Equity. This puts Manac Chemical Partners Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.78. Manac Chemical Partners Co's value of 5.77% is 0.2% below this benchmark. While the company's 10-year median is 7.08 vs. the industry median of 5.78, Manac Chemical Partners Co 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 5.78, 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. Manac Chemical Partners Co's current Return-on-Tangible-Equity of 5.77% is 0.2% 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 Manac Chemical Partners 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. Manac Chemical Partners Co's current Return-on-Tangible-Equity is 5.77%, which is 19% below median its own 10-year median of 7.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manac Chemical Partners Co stock overvalued right now?
Based on GuruFocus' analysis, Manac Chemical Partners Co (TSE:4360) is currently considered Significantly Overvalued. The stock's GF Value™ is 円597.13, compared to a current price of 円797.00 — trading 33.5% above its estimated fair value. The current Return-on-Tangible-Equity is 5.77%, which is 19% below median its 10-year median of 7.08 and 0.2% below the Chemicals industry median of 5.78. Manac Chemical Partners Co's overall GF Score™ is 60/100 with 3 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 Manac Chemical Partners Co (TSE:4360), the current Return-on-Tangible-Equity is 5.77% 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 Manac Chemical Partners Co (TSE:4360) Overvalued in 2026?
Based on GuruFocus' analysis, Manac Chemical Partners Co stock appears to be overvalued.
The current stock price of 円797.00 is trading 33.5% above its estimated GF Value™ of 円597.13.
GuruFocus considers Manac Chemical Partners Co to be Significantly Overvalued.
Key valuation signals for TSE:4360:
Return-on-Tangible-Equity: 5.77% (19% below median its 10-year median of 7.08)
GF Value™: 円597.13 vs. price of 円797.00 (33.5% above fair value)
Industry Position: 0.2% below the Chemicals median (#660 of 1570)
No single metric tells the full story. See the TSE:4360 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manac Chemical Partners Co Ltd is engaged in the manufacture and sale of various chemical products, pharmaceuticals, and the manufacture and sale of animal medicines.
60GF Score
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