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TOKYO PRINTING INK MFG CoTSE:4635 +0.22%66 Return-on-Tangible-Equity is 7.14% as of Mar. 2026, which is 66% above its 10-year median of 4.30. GuruFocus rates TSE:4635 with a GF Score™ of 66/100 and a GF Value™ of 円791.53 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,569 Chemicals companies, TOKYO PRINTING INK MFG Co ranks better than 52.39% 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. TOKYO PRINTING INK MFG Co's annualized net income for the quarter that ended in Mar. 2026 was 円2,164 Mil. TOKYO PRINTING INK MFG Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円30,294 Mil. Therefore, TOKYO PRINTING INK MFG Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.14%.
The historical rank and industry rank for TOKYO PRINTING INK MFG Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4635'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.53 Med: 4.3 Max: 6.39
Current: 6.26
During the past 13 years, TOKYO PRINTING INK MFG Co's highest Return-on-Tangible-Equity was 6.39%. The lowest was 2.53%. And the median was 4.30%.
TSE:4635's Return-on-Tangible-Equity is ranked better than 52.39% of 1569
companies
in the Chemicals industry
Industry Median: 5.73
vs TSE:4635: 6.26
TOKYO PRINTING INK MFG Co (TSE:4635) 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.
TOKYO PRINTING INK MFG Co Return-on-Tangible-Equity Related Terms
TOKYO PRINTING INK MFG Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for TOKYO PRINTING INK MFG 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.
TOKYO PRINTING INK MFG Co Return-on-Tangible-Equity Chart
TSE:4635 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, TOKYO PRINTING INK MFG 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.
TOKYO PRINTING INK MFG Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, TOKYO PRINTING INK MFG Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where TOKYO PRINTING INK MFG 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 7.14% mean?
TOKYO PRINTING INK MFG Co (TSE:4635) has a Return-on-Tangible-Equity of 7.14% 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 TOKYO PRINTING INK MFG Co and its competitors. This is 66% above median its historical median of 4.30. Over the past decade, TOKYO PRINTING INK MFG Co's Return-on-Tangible-Equity has ranged from 2.53 to 6.39. According to the industry distribution chart, TOKYO PRINTING INK MFG Co ranks #747 out of 1569 companies in the Chemicals industry, placing it in the top 47.6%.
Is TOKYO PRINTING INK MFG Co's Return-on-Tangible-Equity too high?
TOKYO PRINTING INK MFG Co's current Return-on-Tangible-Equity of 7.14% is 66% above median its 10-year median of 4.30. Over the past 10 years, this metric has ranged from a low of 2.53 to a high of 6.39. The Chemicals industry median Return-on-Tangible-Equity is 5.73. TOKYO PRINTING INK MFG Co's value of 7.14% is 24.6% above this industry median. Based on the distribution chart, TOKYO PRINTING INK MFG Co ranks #747 out of 1569 companies in the Chemicals industry, which is above the industry midpoint. Overall, TOKYO PRINTING INK MFG Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOKYO PRINTING INK MFG Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, TOKYO PRINTING INK MFG Co ranks #747 out of 1569 companies for Return-on-Tangible-Equity. This puts TOKYO PRINTING INK MFG Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.73. TOKYO PRINTING INK MFG Co's value of 7.14% is 24.6% above this benchmark. Historically, TOKYO PRINTING INK MFG Co's own Return-on-Tangible-Equity has ranged from 2.53 to 6.39 over the past decade. While the company's 10-year median is 4.30 vs. the industry median of 5.73, TOKYO PRINTING INK MFG 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 5.73, based on 1,569 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. TOKYO PRINTING INK MFG Co's current Return-on-Tangible-Equity of 7.14% is 24.6% 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 TOKYO PRINTING INK MFG Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOKYO PRINTING INK MFG Co's current Return-on-Tangible-Equity is 7.14%, which is 66% above median its own 10-year median of 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOKYO PRINTING INK MFG Co stock overvalued right now?
Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co (TSE:4635) is currently considered Significantly Overvalued. The stock's GF Value™ is 円791.53, compared to a current price of 円1,370.00 — trading 73.1% above its estimated fair value. The current Return-on-Tangible-Equity is 7.14%, which is 66% above median its 10-year median of 4.30 and 24.6% above the Chemicals industry median of 5.73. TOKYO PRINTING INK MFG Co's overall GF Score™ is 66/100 with 1 warning sign 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 TOKYO PRINTING INK MFG Co (TSE:4635), the current Return-on-Tangible-Equity is 7.14% 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 TOKYO PRINTING INK MFG Co (TSE:4635) Overvalued in 2026?
Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co stock appears to be overvalued.
The current stock price of 円1,370.00 is trading 73.1% above its estimated GF Value™ of 円791.53.
GuruFocus considers TOKYO PRINTING INK MFG Co to be Significantly Overvalued.
Key valuation signals for TSE:4635:
Return-on-Tangible-Equity: 7.14% (66% above median its 10-year median of 4.30)
GF Value™: 円791.53 vs. price of 円1,370.00 (73.1% above fair value)
Industry Position: 24.6% above the Chemicals median (#747 of 1569)
No single metric tells the full story. See the TSE:4635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOKYO PRINTING INK MFG Co Ltd is the speciality chemicals manufacturing company. The core business segments of the company comprise of the followings - Ink business, Chemical Products, and Processed Products business. Ink business offers offset printing, gravure ink, inkjet ink, high performance, and high-quality printer ink. Chemical Products includes colorant for plastics, functional additives for plastics, and other functional products. The Processed Products business supply packaging materials, civil engineering materials and agricultural materials for various industrial applications.
66GF Score
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