ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Koei Chemical Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円-9,728 Mil.
Koei Chemical Co's average Total Assets over the quarter that ended in Mar. 2026 was 円32,778 Mil. Therefore, Koei Chemical Co's annualized ROA % for the quarter that ended in Mar. 2026 was -29.68%.
The historical rank and industry rank for Koei Chemical Co's ROA % or its related term are showing as below:
TSE:4367'
s ROA % Range Over the Past 10 Years
Min: -15.78 Med: 3.05 Max: 20.47
Current: -15.29
During the past 13 years, Koei Chemical Co's highest ROA % was 20.47%. The lowest was -15.78%. And the median was 3.05%.
TSE:4367's ROA % is ranked worse than 93.76% of 1619
companies
in the Chemicals industry
Industry Median: 2.9
vs TSE:4367: -15.29
Koei Chemical Co (TSE:4367) 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.
Koei Chemical Co ROA % Related Terms
Koei Chemical Co ROA % Historical Data
* Premium members only.
The historical data trend for Koei Chemical 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.
For the Specialty Chemicals subindustry, Koei Chemical 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.
Koei Chemical Co ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Koei Chemical Co's ROA % distribution charts can be found below:
* The bar in red indicates where Koei Chemical 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.
Koei Chemical Co (TSE:4367) has a ROA % of -29.68% 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 Koei Chemical Co and its competitors. According to the industry distribution chart, Koei Chemical Co ranks #1518 out of 1619 companies in the Chemicals industry, placing it in the top 93.8%.
Is Koei Chemical Co's ROA % too high?
Koei Chemical Co's current ROA % is -29.68%. Based on the distribution chart, Koei Chemical Co ranks #1518 out of 1619 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Koei Chemical Co has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koei Chemical Co's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Koei Chemical Co ranks #1518 out of 1619 companies for ROA %. This places Koei Chemical Co in the lower half of its industry. The industry median ROA % is 2.90. 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 1,619 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. 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 Koei Chemical 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. Koei Chemical Co's current ROA % is -29.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koei Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Koei Chemical Co (TSE:4367) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,031.96, compared to a current price of 円2,480.00 — trading 22% above its estimated fair value. The current ROA % is -29.68%. Koei Chemical Co's overall GF Score™ is 57/100 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 Koei Chemical Co (TSE:4367), the current ROA % is -29.68% 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 Koei Chemical Co (TSE:4367) Overvalued in 2026?
Based on GuruFocus' analysis, Koei Chemical Co stock appears to be overvalued.
The current stock price of 円2,480.00 is trading 22% above its estimated GF Value™ of 円2,031.96.
GuruFocus considers Koei Chemical Co to be Modestly Overvalued.
Key valuation signals for TSE:4367:
ROA %: -29.68%
GF Value™: 円2,031.96 vs. price of 円2,480.00 (22% above fair value)
No single metric tells the full story. See the TSE:4367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koei Chemical Co Ltd is a chemical company. It manufactures and sells all kinds of chemical products such as Ionic liquids, polyhydric alcohols, Polyols used in alkyd resin paints used in architecture and automobiles, as well as in air conditioner lubricants and UV inks, Formalin Products used in Adhesives, Synthetic resins, Paints, pyridines, pyrazines, and amines. The company generates sales from locations such as Japan, Asia, Europe, North America.
57GF Score
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