Nippon Pigment Holdings Co (TSE:4119) ROA %: 3.63% (As of Mar. 2026) — 50% Above Median


TSE:4119 Nippon Pigment Holdings Co Ltd TSE:4119
63 GF Score
Price 円5,650.00
GF Value 円4,179.36
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Nippon Pigment Holdings Co ROA %?

Nippon Pigment Holdings Co TSE:4119 +2.91% 63 ROA % is 3.63% as of Mar. 2026, which is 50% above its 10-year median of 2.42. GuruFocus rates TSE:4119 with a GF Score™ of 63/100 and a GF Value™ of 円4,179.36 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,614 Chemicals companies, Nippon Pigment Holdings Co ranks worse than 52.79% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nippon Pigment Holdings Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円1,624 Mil. Nippon Pigment Holdings Co's average Total Assets over the quarter that ended in Mar. 2026 was 円44,758 Mil. Therefore, Nippon Pigment Holdings Co's annualized ROA % for the quarter that ended in Mar. 2026 was 3.63%.

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

TSE:4119' s ROA % Range Over the Past 10 Years
Min: -1.68   Med: 2.42   Max: 13.58
Current: 2.6

During the past 13 years, Nippon Pigment Holdings Co's highest ROA % was 13.58%. The lowest was -1.68%. And the median was 2.42%.

TSE:4119's ROA % is ranked worse than
52.79% of 1614 companies
in the Chemicals industry
Industry Median: 2.9 vs TSE:4119: 2.60

Nippon Pigment Holdings Co  (TSE:4119) 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
=1623.876/44757.996
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1623.876 / 44354.24)*(44354.24 / 44757.996)
=Net Margin %*Asset Turnover
=3.66 %*0.991
=3.63 %

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 Pigment Holdings Co ROA % Related Terms


Nippon Pigment Holdings Co ROA % Historical Data

* Premium members only.

The historical data trend for Nippon Pigment Holdings 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.

Nippon Pigment Holdings Co ROA % Chart

Nippon Pigment Holdings Co 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 2.72 -1.68 2.52 13.58 2.58

Nippon Pigment Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 4.80 35.12 -7.17 1.57 3.63

TSE:4119 vs LIN, SHW, ECL: ROA % Comparison

For the Specialty Chemicals subindustry, Nippon Pigment Holdings 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 Pigment Holdings Co ROA % vs Chemicals Industry

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

* The bar in red indicates where Nippon Pigment Holdings Co's ROA % falls into.


TSE:4119
63GF Score
Nippon Pigment Holdings Co Ltd TSE:4119
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Pigment Holdings Co ROA % Calculation

Nippon Pigment Holdings Co'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 )
=1159.013/( (44406.347+45493.583)/ 2 )
=1159.013/44949.965
=2.58 %

Nippon Pigment Holdings Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1623.876/( (44022.409+45493.583)/ 2 )
=1623.876/44757.996
=3.63 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 3.63% mean?
Nippon Pigment Holdings Co (TSE:4119) has a ROA % of 3.63% 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 Pigment Holdings Co and its competitors. This is 50% above median its historical median of 2.42. According to the industry distribution chart, Nippon Pigment Holdings Co ranks #852 out of 1614 companies in the Chemicals industry, placing it in the top 52.8%.
Is Nippon Pigment Holdings Co's ROA % too high?
Nippon Pigment Holdings Co's current ROA % of 3.63% is 50% above median its 10-year median of 2.42. The Chemicals industry median ROA % is 2.90. Nippon Pigment Holdings Co's value of 3.63% is 25.2% above this industry median. Based on the distribution chart, Nippon Pigment Holdings Co ranks #852 out of 1614 companies in the Chemicals industry, which is below the industry midpoint. Overall, Nippon Pigment Holdings Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Pigment Holdings Co's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Pigment Holdings Co ranks #852 out of 1614 companies for ROA %. This places Nippon Pigment Holdings Co in the lower half of its industry. The industry median ROA % is 2.90. Nippon Pigment Holdings Co's value of 3.63% is 25.2% above this benchmark. While the company's 10-year median is 2.42 vs. the industry median of 2.90, Nippon Pigment Holdings 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 2.90, based on 1,614 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 Pigment Holdings Co's current ROA % of 3.63% is 25.2% 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 Pigment Holdings Co and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Pigment Holdings Co's current ROA % is 3.63%, which is 50% above median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Pigment Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Pigment Holdings Co (TSE:4119) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,179.36, compared to a current price of 円5,650.00 — trading 35.2% above its estimated fair value. The current ROA % is 3.63%, which is 50% above median its 10-year median of 2.42 and 25.2% above the Chemicals industry median of 2.90. Nippon Pigment Holdings Co's overall GF Score™ is 63/100 with 7 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 Nippon Pigment Holdings Co (TSE:4119), the current ROA % is 3.63% 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 Pigment Holdings Co (TSE:4119) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Pigment Holdings Co stock appears to be overvalued. The current stock price of 円5,650.00 is trading 35.2% above its estimated GF Value™ of 円4,179.36. GuruFocus considers Nippon Pigment Holdings Co to be Significantly Overvalued.

Key valuation signals for TSE:4119:

  • ROA %: 3.63% (50% above median its 10-year median of 2.42)
  • GF Value™: 円4,179.36 vs. price of 円5,650.00 (35.2% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 25.2% above the Chemicals median (#852 of 1614)

No single metric tells the full story. See the TSE:4119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Pigment Holdings Co Business Description

Address 20 Kanda Nishikicho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-0054
Nippon Pigment Holdings Co Ltd is engaged in business activities mainly involving the manufacture and sale of resin compounds and various colorants for resins (for plastics), paints, fibers, etc.
63GF Score

Get the complete analysis for TSE:4119

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

円5,650.00
Price
円4,179.36
GF Value