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Fuso Chemical CoTSE:4368 +5.43%83 Return-on-Tangible-Equity is 13.23% as of Mar. 2026, which is 2% below its 10-year median of 13.50. GuruFocus rates TSE:4368 with a GF Score™ of 83/100 and a GF Value™ of 円1,747.03 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,570 Chemicals companies, Fuso Chemical Co ranks better than 78.79% 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. Fuso Chemical Co's annualized net income for the quarter that ended in Mar. 2026 was 円14,490 Mil. Fuso Chemical Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円109,497 Mil. Therefore, Fuso Chemical Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.23%.
The historical rank and industry rank for Fuso Chemical Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4368'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.37 Med: 13.5 Max: 17.71
Current: 13.59
During the past 13 years, Fuso Chemical Co's highest Return-on-Tangible-Equity was 17.71%. The lowest was 9.37%. And the median was 13.50%.
TSE:4368's Return-on-Tangible-Equity is ranked better than 78.79% of 1570
companies
in the Chemicals industry
Industry Median: 5.77
vs TSE:4368: 13.59
Fuso Chemical Co (TSE:4368) 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.
Fuso Chemical Co Return-on-Tangible-Equity Related Terms
Fuso Chemical Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Fuso Chemical 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.
TSE:4368 vs DOW: Return-on-Tangible-Equity Comparison
For the Chemicals subindustry, Fuso Chemical 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.
Fuso Chemical Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Fuso Chemical Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fuso Chemical 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 13.23% mean?
Fuso Chemical Co (TSE:4368) has a Return-on-Tangible-Equity of 13.23% 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 Fuso Chemical Co and its competitors. This is near median its historical median of 13.50. Over the past decade, Fuso Chemical Co's Return-on-Tangible-Equity has ranged from 9.37 to 17.71. According to the industry distribution chart, Fuso Chemical Co ranks #333 out of 1570 companies in the Chemicals industry, placing it in the top 21.2%.
Is Fuso Chemical Co's Return-on-Tangible-Equity too high?
Fuso Chemical Co's current Return-on-Tangible-Equity of 13.23% is near median its 10-year median of 13.50. Over the past 10 years, this metric has ranged from a low of 9.37 to a high of 17.71. The Chemicals industry median Return-on-Tangible-Equity is 5.77. Fuso Chemical Co's value of 13.23% is 129.3% above this industry median. Based on the distribution chart, Fuso Chemical Co ranks #333 out of 1570 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Fuso Chemical Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fuso Chemical Co's Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Fuso Chemical Co ranks #333 out of 1570 companies for Return-on-Tangible-Equity. This places Fuso Chemical Co in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.77. Fuso Chemical Co's value of 13.23% is 129.3% above this benchmark. Historically, Fuso Chemical Co's own Return-on-Tangible-Equity has ranged from 9.37 to 17.71 over the past decade. While the company's 10-year median is 13.50 vs. the industry median of 5.77, Fuso Chemical 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. Fuso Chemical Co's current Return-on-Tangible-Equity of 13.23% is 129.3% 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 Fuso Chemical 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. Fuso Chemical Co's current Return-on-Tangible-Equity is 13.23%, which is near median its own 10-year median of 13.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuso Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Fuso Chemical Co (TSE:4368) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,747.03, compared to a current price of 円4,275.00 — trading 144.7% above its estimated fair value. The current Return-on-Tangible-Equity is 13.23%, which is near median its 10-year median of 13.50 and 129.3% above the Chemicals industry median of 5.77. Fuso Chemical Co's overall GF Score™ is 83/100 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 Fuso Chemical Co (TSE:4368), the current Return-on-Tangible-Equity is 13.23% 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 Fuso Chemical Co (TSE:4368) Overvalued in 2026?
Based on GuruFocus' analysis, Fuso Chemical Co stock appears to be overvalued.
The current stock price of 円4,275.00 is trading 144.7% above its estimated GF Value™ of 円1,747.03.
GuruFocus considers Fuso Chemical Co to be Significantly Overvalued.
Key valuation signals for TSE:4368:
Return-on-Tangible-Equity: 13.23% (near median its 10-year median of 13.50)
GF Value™: 円1,747.03 vs. price of 円4,275.00 (144.7% above fair value)
Industry Position: 129.3% above the Chemicals median (#333 of 1570)
No single metric tells the full story. See the TSE:4368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fuso Chemical Co Ltd is a Japan-based company which is mainly engaged in the life science business and the electronic material and functional chemical business. It is involved in the manufacturing and selling of fruit acids, including apple acids, gluconic acid and citric acids, as well as application development products. It also provides electronic materials, including high-purity spherical silica; functional chemicals, including plastic, paint additives and resin additives, as well as fine chemicals.
83GF Score
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