Toagosei Co (TSE:4045) ROA %: 6.74% (As of Dec. 2025) — 45% Above Median

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TSE:4045 Toagosei Co Ltd TSE:4045
84 GF Score
Price 円1,734.50
GF Value 円1,557.62
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Toagosei Co ROA %?

Toagosei Co TSE:4045 +1.67% 84 ROA % is 6.74% as of Dec. 2025, which is 45% above its 10-year median of 4.65. GuruFocus rates TSE:4045 with a GF Score™ of 84/100 and a GF Value™ of 円1,557.62 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,611 Chemicals companies, Toagosei Co ranks better than 65.86% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Toagosei Co's annualized Net Income for the quarter that ended in Dec. 2025 was 円19,052 Mil. Toagosei Co's average Total Assets over the quarter that ended in Dec. 2025 was 円282,539 Mil. Therefore, Toagosei Co's annualized ROA % for the quarter that ended in Dec. 2025 was 6.74%.

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

TSE:4045' s ROA % Range Over the Past 10 Years
Min: 3.33   Med: 4.65   Max: 6.46
Current: 4.89

During the past 13 years, Toagosei Co's highest ROA % was 6.46%. The lowest was 3.33%. And the median was 4.65%.

TSE:4045's ROA % is ranked better than
65.86% of 1611 companies
in the Chemicals industry
Industry Median: 2.92 vs TSE:4045: 4.89

Toagosei Co  (TSE:4045) 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: Dec. 2025 )
=Net Income/Total Assets
=19052/282538.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(19052 / 169796)*(169796 / 282538.5)
=Net Margin %*Asset Turnover
=11.22 %*0.601
=6.74 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.


Toagosei Co ROA % Related Terms


Toagosei Co ROA % Historical Data

* Premium members only.

The historical data trend for Toagosei Co'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.

Toagosei Co ROA % Chart

Toagosei Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.50 4.77 4.53 4.32 4.50

Toagosei Co 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 2.95 5.56 3.35 6.74 3.87

TSE:4045 vs LIN, SHW, ECL: ROA % Comparison

For the Specialty Chemicals subindustry, Toagosei Co'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.


Toagosei Co ROA % vs Chemicals Industry

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

* The bar in red indicates where Toagosei Co's ROA % falls into.


TSE:4045
84GF Score
Toagosei Co Ltd TSE:4045
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toagosei Co ROA % Calculation

Toagosei Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=12766/( (278020+289105)/ 2 )
=12766/283562.5
=4.50 %

Toagosei Co's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=19052/( (275972+289105)/ 2 )
=19052/282538.5
=6.74 %

* 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 (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 6.74% mean?
Toagosei Co (TSE:4045) has a ROA % of 6.74% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Toagosei Co and its competitors. This is 45% above median its historical median of 4.65. Over the past decade, Toagosei Co's ROA % has ranged from 3.33 to 6.46. According to the industry distribution chart, Toagosei Co ranks #550 out of 1611 companies in the Chemicals industry, placing it in the top 34.1%.
Is Toagosei Co's ROA % too high?
Toagosei Co's current ROA % of 6.74% is 45% above median its 10-year median of 4.65. Over the past 10 years, this metric has ranged from a low of 3.33 to a high of 6.46. The Chemicals industry median ROA % is 2.92. Toagosei Co's value of 6.74% is 130.8% above this industry median. Based on the distribution chart, Toagosei Co ranks #550 out of 1611 companies in the Chemicals industry, which is above the industry midpoint. Overall, Toagosei Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toagosei Co's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Toagosei Co ranks #550 out of 1611 companies for ROA %. This puts Toagosei Co in the upper half of its industry. The industry median ROA % is 2.92. Toagosei Co's value of 6.74% is 130.8% above this benchmark. Historically, Toagosei Co's own ROA % has ranged from 3.33 to 6.46 over the past decade. While the company's 10-year median is 4.65 vs. the industry median of 2.92, Toagosei 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 ROA % for a Chemicals company?
The median ROA % among Chemicals companies is 2.92, based on 1,611 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. Toagosei Co's current ROA % of 6.74% is 130.8% 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 Toagosei Co 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. Toagosei Co's current ROA % is 6.74%, which is 45% above median its own 10-year median of 4.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toagosei Co stock overvalued right now?
Based on GuruFocus' analysis, Toagosei Co (TSE:4045) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,557.62, compared to a current price of 円1,734.50 — trading 11.4% above its estimated fair value. The current ROA % is 6.74%, which is 45% above median its 10-year median of 4.65 and 130.8% above the Chemicals industry median of 2.92. Toagosei Co's overall GF Score™ is 84/100 with 3 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 Toagosei Co (TSE:4045), the current ROA % is 6.74% as of Dec. 2025. 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 Toagosei Co (TSE:4045) Overvalued in 2026?

Based on GuruFocus' analysis, Toagosei Co stock appears to be overvalued. The current stock price of 円1,734.50 is trading 11.4% above its estimated GF Value™ of 円1,557.62. GuruFocus considers Toagosei Co to be Modestly Overvalued.

Key valuation signals for TSE:4045:

  • ROA %: 6.74% (45% above median its 10-year median of 4.65)
  • GF Value™: 円1,557.62 vs. price of 円1,734.50 (11.4% above fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 130.8% above the Chemicals median (#550 of 1611)

No single metric tells the full story. See the TSE:4045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toagosei Co Business Description

Other Exchanges TOAGF:USA
Address 1-14-1 Nishi Shinbashi, Minatoku, Tokyo, JPN, 105-8419
Toagosei Co Ltd manufactures and sells a wide range of chemicals and chemical-based products. The company operates through five business segments. The Polymer and Oligomer Business, its key segment, provides acrylate esters, acrylic polymers, and UV-curable resins used in paints, textiles, cosmetics, and electronics. The Core Chemicals Business supplies caustic soda, sulfuric acid, and sodium hypochlorite for paper, fertilizer, and water treatment applications. The Adhesive Materials Business offers adhesives and related products. The High-performance Materials Business provides electronic and construction materials. The Resin Processed Products Business sells piping equipment and nursing care products. Majority revenue is generated in Japan.
84GF Score

Get the complete analysis for TSE:4045

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

円1,734.50
Price
円1,557.62
GF Value