ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nippon Carbide Industries Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円2,152 Mil.
Nippon Carbide Industries Co's average Total Assets over the quarter that ended in Mar. 2026 was 円62,280 Mil. Therefore, Nippon Carbide Industries Co's annualized ROA % for the quarter that ended in Mar. 2026 was 3.46%.
The historical rank and industry rank for Nippon Carbide Industries Co's ROA % or its related term are showing as below:
TSE:4064'
s ROA % Range Over the Past 10 Years
Min: 0.53 Med: 2.98 Max: 4.45
Current: 4.16
During the past 13 years, Nippon Carbide Industries Co's highest ROA % was 4.45%. The lowest was 0.53%. And the median was 2.98%.
TSE:4064's ROA % is ranked better than 60.52% of 1611
companies
in the Chemicals industry
Industry Median: 2.92
vs TSE:4064: 4.16
Nippon Carbide Industries Co (TSE:4064) 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 banks 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:
Note:
The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
Nippon Carbide Industries Co ROA % Related Terms
Nippon Carbide Industries Co ROA % Historical 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.
For the Specialty Chemicals subindustry, Nippon Carbide Industries 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.
Nippon Carbide Industries Co ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nippon Carbide Industries Co's ROA % distribution charts can be found below:
* The bar in red indicates where Nippon Carbide Industries Co's ROA % 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 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 two times the semi-annual (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Nippon Carbide Industries Co (TSE:4064) has a ROA % of 3.46% 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 Nippon Carbide Industries Co and its competitors. This is 16% above median its historical median of 2.98. Over the past decade, Nippon Carbide Industries Co's ROA % has ranged from 0.53 to 4.45. According to the industry distribution chart, Nippon Carbide Industries Co ranks #636 out of 1611 companies in the Chemicals industry, placing it in the top 39.5%.
Is Nippon Carbide Industries Co's ROA % too high?
Nippon Carbide Industries Co's current ROA % of 3.46% is 16% above median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 4.45. The Chemicals industry median ROA % is 2.92. Nippon Carbide Industries Co's value of 3.46% is 18.5% above this industry median. Based on the distribution chart, Nippon Carbide Industries Co ranks #636 out of 1611 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nippon Carbide Industries Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Carbide Industries Co's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Carbide Industries Co ranks #636 out of 1611 companies for ROA %. This puts Nippon Carbide Industries Co in the upper half of its industry. The industry median ROA % is 2.92. Nippon Carbide Industries Co's value of 3.46% is 18.5% above this benchmark. Historically, Nippon Carbide Industries Co's own ROA % has ranged from 0.53 to 4.45 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 2.92, Nippon Carbide Industries 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. Nippon Carbide Industries Co's current ROA % of 3.46% is 18.5% 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 Nippon Carbide Industries 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. Nippon Carbide Industries Co's current ROA % is 3.46%, which is 16% above median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Carbide Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Carbide Industries Co (TSE:4064) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,052.41, compared to a current price of 円3,315.00 — trading 61.5% above its estimated fair value. The current ROA % is 3.46%, which is 16% above median its 10-year median of 2.98 and 18.5% above the Chemicals industry median of 2.92. Nippon Carbide Industries Co's overall GF Score™ is 75/100 with 1 warning sign 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 Nippon Carbide Industries Co (TSE:4064), the current ROA % is 3.46% 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 Nippon Carbide Industries Co (TSE:4064) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Carbide Industries Co stock appears to be overvalued.
The current stock price of 円3,315.00 is trading 61.5% above its estimated GF Value™ of 円2,052.41.
GuruFocus considers Nippon Carbide Industries Co to be Significantly Overvalued.
Key valuation signals for TSE:4064:
ROA %: 3.46% (16% above median its 10-year median of 2.98)
GF Value™: 円2,052.41 vs. price of 円3,315.00 (61.5% above fair value)
Industry Position: 18.5% above the Chemicals median (#636 of 1611)
No single metric tells the full story. See the TSE:4064 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Carbide Industries Co Inc is engaged in the manufacture and sales of chemicals, plastics and resins, plastics films and electronic materials. Its product offerings include calcium carbide, dicyandiamide, cyanamide solution, among others. The company also manufacture and sell adhesive products used in medical, optical, and electronic equipment, coating materials for paper, film, and metal, fiber processing, and pigments.
75GF Score
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