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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. Shinto Paint Co's annualized net income for the quarter that ended in Mar. 2026 was 円-1,286 Mil. Shinto Paint Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円13,202 Mil. Therefore, Shinto Paint Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -9.74%.
The historical rank and industry rank for Shinto Paint Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4615'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.73 Med: -1.21 Max: 4.46
Current: -4.46
During the past 13 years, Shinto Paint Co's highest Return-on-Tangible-Equity was 4.46%. The lowest was -12.73%. And the median was -1.21%.
TSE:4615's Return-on-Tangible-Equity is ranked worse than 81.21% of 1570
companies
in the Chemicals industry
Industry Median: 5.745
vs TSE:4615: -4.46
Shinto Paint Co (TSE:4615) 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.
Shinto Paint Co Return-on-Tangible-Equity Related Terms
Shinto Paint Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shinto Paint 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:4615 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Shinto Paint 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.
Shinto Paint Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shinto Paint Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shinto Paint 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 -9.74% mean?
Shinto Paint Co (TSE:4615) has a Return-on-Tangible-Equity of -9.74% 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 Shinto Paint Co and its competitors. According to the industry distribution chart, Shinto Paint Co ranks #1275 out of 1570 companies in the Chemicals industry, placing it in the top 81.2%.
Is Shinto Paint Co's Return-on-Tangible-Equity too high?
Shinto Paint Co's current Return-on-Tangible-Equity is -9.74%. Based on the distribution chart, Shinto Paint Co ranks #1275 out of 1570 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Shinto Paint Co has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shinto Paint Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shinto Paint Co ranks #1275 out of 1570 companies for Return-on-Tangible-Equity. This places Shinto Paint Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.75. 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. 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 Shinto Paint Co 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. Shinto Paint Co's current Return-on-Tangible-Equity is -9.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinto Paint Co stock overvalued right now?
Based on GuruFocus' analysis, Shinto Paint Co (TSE:4615) is currently considered Fairly Valued. The stock's GF Value™ is 円129.72, compared to a current price of 円129.00 — trading 0.6% below its estimated fair value. The current Return-on-Tangible-Equity is -9.74%. Shinto Paint Co's overall GF Score™ is 50/100 with 6 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 Shinto Paint Co (TSE:4615), the current Return-on-Tangible-Equity is -9.74% 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 Shinto Paint Co (TSE:4615) Overvalued in 2026?
Based on GuruFocus' analysis, Shinto Paint Co stock appears to be undervalued.
The current stock price of 円129.00 is trading 0.6% below its estimated GF Value™ of 円129.72.
GuruFocus considers Shinto Paint Co to be Fairly Valued.
Key valuation signals for TSE:4615:
Return-on-Tangible-Equity: -9.74%
GF Value™: 円129.72 vs. price of 円129.00 (0.6% below fair value)
No single metric tells the full story. See the TSE:4615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinto Paint Co Ltd is engaged in manufacturing, processing and selling paints, pigments, synthetic fats/oils, fats/oils, and chemicals in Japan and internationally. It also provides electronic equipment, optical communication equipment, magnetic equipment, parts, components, and their materials; painting facilities, related machinery equipment, tools, devices, and materials; and civil engineering and construction materials, as well as housing materials.
50GF Score
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