Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Sankyo KaseiTSE:8138 80 Return-on-Tangible-Equity is 6.18% as of Mar. 2026, which is 94% above its 10-year median of 3.19. GuruFocus rates TSE:8138 with a GF Score™ of 80/100 and a GF Value™ of 円3,419.48 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,570 Chemicals companies, Sankyo Kasei ranks better than 62.93% 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. Sankyo Kasei's annualized net income for the quarter that ended in Mar. 2026 was 円555 Mil. Sankyo Kasei's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円8,968 Mil. Therefore, Sankyo Kasei's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.18%.
The historical rank and industry rank for Sankyo Kasei's Return-on-Tangible-Equity or its related term are showing as below:
TSE:8138'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.08 Med: 3.19 Max: 8.5
Current: 8.5
During the past 13 years, Sankyo Kasei's highest Return-on-Tangible-Equity was 8.50%. The lowest was 0.08%. And the median was 3.19%.
TSE:8138's Return-on-Tangible-Equity is ranked better than 62.93% of 1570
companies
in the Chemicals industry
Industry Median: 5.77
vs TSE:8138: 8.50
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.
Sankyo Kasei Return-on-Tangible-Equity Related Terms
Sankyo Kasei Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sankyo Kasei'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:8138 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Sankyo Kasei'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.
Sankyo Kasei Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sankyo Kasei's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sankyo Kasei'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 6.18% mean?
Sankyo Kasei (TSE:8138) has a Return-on-Tangible-Equity of 6.18% 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 Sankyo Kasei and its competitors. This is 94% above median its historical median of 3.19. Over the past decade, Sankyo Kasei's Return-on-Tangible-Equity has ranged from 0.08 to 8.50. According to the industry distribution chart, Sankyo Kasei ranks #582 out of 1570 companies in the Chemicals industry, placing it in the top 37.1%.
Is Sankyo Kasei's Return-on-Tangible-Equity too high?
Sankyo Kasei's current Return-on-Tangible-Equity of 6.18% is 94% above median its 10-year median of 3.19. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 8.50. The Chemicals industry median Return-on-Tangible-Equity is 5.77. Sankyo Kasei's value of 6.18% is 7.1% above this industry median. Based on the distribution chart, Sankyo Kasei ranks #582 out of 1570 companies in the Chemicals industry, which is above the industry midpoint. Overall, Sankyo Kasei has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sankyo Kasei's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sankyo Kasei ranks #582 out of 1570 companies for Return-on-Tangible-Equity. This puts Sankyo Kasei in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.77. Sankyo Kasei's value of 6.18% is 7.1% above this benchmark. Historically, Sankyo Kasei's own Return-on-Tangible-Equity has ranged from 0.08 to 8.50 over the past decade. While the company's 10-year median is 3.19 vs. the industry median of 5.77, Sankyo Kasei 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. Sankyo Kasei's current Return-on-Tangible-Equity of 6.18% is 7.1% 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 Sankyo Kasei 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. Sankyo Kasei's current Return-on-Tangible-Equity is 6.18%, which is 94% above median its own 10-year median of 3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sankyo Kasei stock overvalued right now?
Based on GuruFocus' analysis, Sankyo Kasei (TSE:8138) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,419.48, compared to a current price of 円4,055.00 — trading 18.6% above its estimated fair value. The current Return-on-Tangible-Equity is 6.18%, which is 94% above median its 10-year median of 3.19 and 7.1% above the Chemicals industry median of 5.77. Sankyo Kasei's overall GF Score™ is 80/100 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 Sankyo Kasei (TSE:8138), the current Return-on-Tangible-Equity is 6.18% 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 Sankyo Kasei (TSE:8138) Overvalued in 2026?
Based on GuruFocus' analysis, Sankyo Kasei stock appears to be overvalued.
The current stock price of 円4,055.00 is trading 18.6% above its estimated GF Value™ of 円3,419.48.
GuruFocus considers Sankyo Kasei to be Modestly Overvalued.
Key valuation signals for TSE:8138:
Return-on-Tangible-Equity: 6.18% (94% above median its 10-year median of 3.19)
GF Value™: 円3,419.48 vs. price of 円4,055.00 (18.6% above fair value)
Industry Position: 7.1% above the Chemicals median (#582 of 1570)
No single metric tells the full story. See the TSE:8138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sankyo Kasei Corp manufactures and markets industrial chemicals, synthetic resins, pigments, paints, poisons, dyes and dyeing auxiliaries. It also imports and exports building materials, electrical equipment and parts, machinery, tools and other general goods. The company has two segments: Science Business and Building Material Business. The company generates the majority of its revenue from the Science Business.
80GF Score
Get the complete analysis for TSE:8138
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8138 has been successfully added to your 
