Nitta Gelatin (TSE:4977) Return-on-Tangible-Equity: 9.24% (As of Mar. 2026) — 96% Above Median

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TSE:4977 Nitta Gelatin Inc TSE:4977
74 GF Score
Price 円1,278.00
GF Value 円765.88
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nitta Gelatin Return-on-Tangible-Equity?

Nitta Gelatin TSE:4977 -3.03% 74 Return-on-Tangible-Equity is 9.24% as of Mar. 2026, which is 96% above its 10-year median of 4.71. GuruFocus rates TSE:4977 with a GF Score™ of 74/100 and a GF Value™ of 円765.88 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,570 Chemicals companies, Nitta Gelatin ranks better than 82.23% 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. Nitta Gelatin's annualized net income for the quarter that ended in Mar. 2026 was 円2,136 Mil. Nitta Gelatin's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円23,116 Mil. Therefore, Nitta Gelatin's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.24%.

The historical rank and industry rank for Nitta Gelatin's Return-on-Tangible-Equity or its related term are showing as below:

TSE:4977' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.19   Med: 4.71   Max: 16.62
Current: 14.8

During the past 13 years, Nitta Gelatin's highest Return-on-Tangible-Equity was 16.62%. The lowest was -10.19%. And the median was 4.71%.

TSE:4977's Return-on-Tangible-Equity is ranked better than
82.23% of 1570 companies
in the Chemicals industry
Industry Median: 5.77 vs TSE:4977: 14.80

Nitta Gelatin  (TSE:4977) 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.


Nitta Gelatin Return-on-Tangible-Equity Related Terms


Nitta Gelatin Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Nitta Gelatin'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.

Nitta Gelatin Return-on-Tangible-Equity Chart

Nitta Gelatin 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 4.29 8.62 -10.19 16.62 14.83

Nitta Gelatin 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 -26.88 9.11 24.26 20.80 9.24

TSE:4977 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison

For the Specialty Chemicals subindustry, Nitta Gelatin'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.


Nitta Gelatin Return-on-Tangible-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nitta Gelatin's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Nitta Gelatin's Return-on-Tangible-Equity falls into.


TSE:4977
74GF Score
Nitta Gelatin Inc TSE:4977
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitta Gelatin Return-on-Tangible-Equity Calculation

Nitta Gelatin'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 )
=3282/( (20299+23962 )/ 2 )
=3282/22130.5
=14.83 %

Nitta Gelatin'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 )
=2136/( (22270+23962)/ 2 )
=2136/23116
=9.24 %

* 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 9.24% mean?
Nitta Gelatin (TSE:4977) has a Return-on-Tangible-Equity of 9.24% 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 Nitta Gelatin and its competitors. This is 96% above median its historical median of 4.71. According to the industry distribution chart, Nitta Gelatin ranks #279 out of 1570 companies in the Chemicals industry, placing it in the top 17.8%.
Is Nitta Gelatin's Return-on-Tangible-Equity too high?
Nitta Gelatin's current Return-on-Tangible-Equity of 9.24% is 96% above median its 10-year median of 4.71. The Chemicals industry median Return-on-Tangible-Equity is 5.77. Nitta Gelatin's value of 9.24% is 60.1% above this industry median. Based on the distribution chart, Nitta Gelatin ranks #279 out of 1570 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Nitta Gelatin has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitta Gelatin's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nitta Gelatin ranks #279 out of 1570 companies for Return-on-Tangible-Equity. This places Nitta Gelatin in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.77. Nitta Gelatin's value of 9.24% is 60.1% above this benchmark. While the company's 10-year median is 4.71 vs. the industry median of 5.77, Nitta Gelatin 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. Nitta Gelatin's current Return-on-Tangible-Equity of 9.24% is 60.1% 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 Nitta Gelatin 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. Nitta Gelatin's current Return-on-Tangible-Equity is 9.24%, which is 96% above median its own 10-year median of 4.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitta Gelatin stock overvalued right now?
Based on GuruFocus' analysis, Nitta Gelatin (TSE:4977) is currently considered Significantly Overvalued. The stock's GF Value™ is 円765.88, compared to a current price of 円1,278.00 — trading 66.9% above its estimated fair value. The current Return-on-Tangible-Equity is 9.24%, which is 96% above median its 10-year median of 4.71 and 60.1% above the Chemicals industry median of 5.77. Nitta Gelatin's overall GF Score™ is 74/100 with 2 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 Nitta Gelatin (TSE:4977), the current Return-on-Tangible-Equity is 9.24% 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 Nitta Gelatin (TSE:4977) Overvalued in 2026?

Based on GuruFocus' analysis, Nitta Gelatin stock appears to be overvalued. The current stock price of 円1,278.00 is trading 66.9% above its estimated GF Value™ of 円765.88. GuruFocus considers Nitta Gelatin to be Significantly Overvalued.

Key valuation signals for TSE:4977:

  • Return-on-Tangible-Equity: 9.24% (96% above median its 10-year median of 4.71)
  • GF Value™: 円765.88 vs. price of 円1,278.00 (66.9% above fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 60.1% above the Chemicals median (#279 of 1570)

No single metric tells the full story. See the TSE:4977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitta Gelatin Business Description

Address 4-4-26 Sakuragawa, Naniwa-ku, Osaka, JPN, 556-0022
Nitta Gelatin Inc is a manufacturer of gelatin products. It manufactures and sells gelatin, collagen peptides, collagen casing, collagen, and other products made from animal bones and skin or fish scales and skin.
74GF Score

Get the complete analysis for TSE:4977

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

円1,278.00
Price
円765.88
GF Value