Ishiharangyo Kaisha (TSE:4028) ROA %: 11.78% (As of Mar. 2026) — 222% Above Median

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TSE:4028 Ishihara Sangyo Kaisha Ltd TSE:4028
70 GF Score
Price 円2,984.00
GF Value 円1,814.18
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Ishiharangyo Kaisha ROA %?

Ishiharangyo Kaisha TSE:4028 +7.30% 70 ROA % is 11.78% as of Mar. 2026, which is 222% above its 10-year median of 3.66. GuruFocus rates TSE:4028 with a GF Score™ of 70/100 and a GF Value™ of 円1,814.18 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,612 Chemicals companies, Ishiharangyo Kaisha ranks better than 77.73% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ishiharangyo Kaisha's annualized Net Income for the quarter that ended in Mar. 2026 was 円28,120 Mil. Ishiharangyo Kaisha's average Total Assets over the quarter that ended in Mar. 2026 was 円238,700 Mil. Therefore, Ishiharangyo Kaisha's annualized ROA % for the quarter that ended in Mar. 2026 was 11.78%.

The historical rank and industry rank for Ishiharangyo Kaisha's ROA % or its related term are showing as below:

TSE:4028' s ROA % Range Over the Past 10 Years
Min: 1.38   Med: 3.66   Max: 7.15
Current: 7.06

During the past 13 years, Ishiharangyo Kaisha's highest ROA % was 7.15%. The lowest was 1.38%. And the median was 3.66%.

TSE:4028's ROA % is ranked better than
77.73% of 1612 companies
in the Chemicals industry
Industry Median: 2.915 vs TSE:4028: 7.06

Ishiharangyo Kaisha  (TSE:4028) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=28120/238699.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(28120 / 187300)*(187300 / 238699.5)
=Net Margin %*Asset Turnover
=15.01 %*0.7847
=11.78 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Ishiharangyo Kaisha ROA % Related Terms


Ishiharangyo Kaisha ROA % Historical Data

* Premium members only.

The historical data trend for Ishiharangyo Kaisha's ROA % 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.

Ishiharangyo Kaisha ROA % Chart

Ishiharangyo Kaisha Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.39 3.58 3.75 3.74 7.15

Ishiharangyo Kaisha Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 11.91 8.21 1.52 6.65 11.78

TSE:4028 vs LIN, SHW, ECL: ROA % Comparison

For the Specialty Chemicals subindustry, Ishiharangyo Kaisha's ROA %, along with its competitors' market caps and ROA % 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.


Ishiharangyo Kaisha ROA % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ishiharangyo Kaisha's ROA % distribution charts can be found below:

* The bar in red indicates where Ishiharangyo Kaisha's ROA % falls into.


TSE:4028
70GF Score
Ishihara Sangyo Kaisha Ltd TSE:4028
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ishiharangyo Kaisha ROA % Calculation

Ishiharangyo Kaisha's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=16636/( (225097+240408)/ 2 )
=16636/232752.5
=7.15 %

Ishiharangyo Kaisha's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=28120/( (236991+240408)/ 2 )
=28120/238699.5
=11.78 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 11.78% mean?
Ishiharangyo Kaisha (TSE:4028) has a ROA % of 11.78% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Ishiharangyo Kaisha and its competitors. This is 222% above median its historical median of 3.66. Over the past decade, Ishiharangyo Kaisha's ROA % has ranged from 1.38 to 7.15. According to the industry distribution chart, Ishiharangyo Kaisha ranks #359 out of 1612 companies in the Chemicals industry, placing it in the top 22.3%.
Is Ishiharangyo Kaisha's ROA % too high?
Ishiharangyo Kaisha's current ROA % of 11.78% is 222% above median its 10-year median of 3.66. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 7.15. The Chemicals industry median ROA % is 2.92. Ishiharangyo Kaisha's value of 11.78% is 304.1% above this industry median. Based on the distribution chart, Ishiharangyo Kaisha ranks #359 out of 1612 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Ishiharangyo Kaisha has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ishiharangyo Kaisha's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ishiharangyo Kaisha ranks #359 out of 1612 companies for ROA %. This places Ishiharangyo Kaisha in the top 22% of its industry — outperforming the majority of peers. The industry median ROA % is 2.92. Ishiharangyo Kaisha's value of 11.78% is 304.1% above this benchmark. Historically, Ishiharangyo Kaisha's own ROA % has ranged from 1.38 to 7.15 over the past decade. While the company's 10-year median is 3.66 vs. the industry median of 2.92, Ishiharangyo Kaisha 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 ROA % for a Chemicals company?
The median ROA % among Chemicals companies is 2.92, based on 1,612 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ishiharangyo Kaisha's current ROA % of 11.78% is 304.1% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Ishiharangyo Kaisha and its competitors. For the Chemicals industry, the median ROA % is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ishiharangyo Kaisha's current ROA % is 11.78%, which is 222% above median its own 10-year median of 3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ishiharangyo Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Ishiharangyo Kaisha (TSE:4028) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,814.18, compared to a current price of 円2,984.00 — trading 64.5% above its estimated fair value. The current ROA % is 11.78%, which is 222% above median its 10-year median of 3.66 and 304.1% above the Chemicals industry median of 2.92. Ishiharangyo Kaisha's overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Ishiharangyo Kaisha (TSE:4028), the current ROA % is 11.78% 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 Ishiharangyo Kaisha (TSE:4028) Overvalued in 2026?

Based on GuruFocus' analysis, Ishiharangyo Kaisha stock appears to be overvalued. The current stock price of 円2,984.00 is trading 64.5% above its estimated GF Value™ of 円1,814.18. GuruFocus considers Ishiharangyo Kaisha to be Significantly Overvalued.

Key valuation signals for TSE:4028:

  • ROA %: 11.78% (222% above median its 10-year median of 3.66)
  • GF Value™: 円1,814.18 vs. price of 円2,984.00 (64.5% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 304.1% above the Chemicals median (#359 of 1612)

No single metric tells the full story. See the TSE:4028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ishiharangyo Kaisha Business Description

Address 3-15 Edobori 1-chome, Nishi-ku, Osaka, JPN, 550-0002
Ishihara Sangyo Kaisha Ltd is mainly engaged in the manufacturing and marketing of agricultural chemicals in Japan. The company's core business activities are categorized into three key segments - Inorganic Chemicals, Organic Chemicals, and Other Businesses. Its product line consists of titanium dioxide products, environmental products such as gypsum and iron oxide stably, pharmaceuticals, battery materials and organic intermediates. Its primary geographic markets are Japan, Asia, America, Europe, and other.
70GF Score

Get the complete analysis for TSE:4028

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,984.00
Price
円1,814.18
GF Value