Chugoku Marine Paints (TSE:4617) ROA %: 5.68% (As of Mar. 2026) — 89% Above Median

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TSE:4617 Chugoku Marine Paints Ltd TSE:4617
83 GF Score
Price 円3,610.00
GF Value 円2,512.35
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Chugoku Marine Paints ROA %?

Chugoku Marine Paints TSE:4617 83 ROA % is 5.68% as of Mar. 2026, which is 89% above its 10-year median of 3.01. GuruFocus rates TSE:4617 with a GF Score™ of 83/100 and a GF Value™ of 円2,512.35 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,612 Chemicals companies, Chugoku Marine Paints ranks better than 79.96% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Chugoku Marine Paints's annualized Net Income for the quarter that ended in Mar. 2026 was 円8,784 Mil. Chugoku Marine Paints's average Total Assets over the quarter that ended in Mar. 2026 was 円154,524 Mil. Therefore, Chugoku Marine Paints's annualized ROA % for the quarter that ended in Mar. 2026 was 5.68%.

The historical rank and industry rank for Chugoku Marine Paints's ROA % or its related term are showing as below:

TSE:4617' s ROA % Range Over the Past 10 Years
Min: -0.59   Med: 3.01   Max: 9.9
Current: 7.48

During the past 13 years, Chugoku Marine Paints's highest ROA % was 9.90%. The lowest was -0.59%. And the median was 3.01%.

TSE:4617's ROA % is ranked better than
79.96% of 1612 companies
in the Chemicals industry
Industry Median: 2.92 vs TSE:4617: 7.48

Chugoku Marine Paints  (TSE:4617) 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
=8784/154523.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8784 / 149736)*(149736 / 154523.5)
=Net Margin %*Asset Turnover
=5.87 %*0.969
=5.68 %

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.


Chugoku Marine Paints ROA % Related Terms


Chugoku Marine Paints ROA % Historical Data

* Premium members only.

The historical data trend for Chugoku Marine Paints'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.

Chugoku Marine Paints ROA % Chart

Chugoku Marine Paints 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 0.25 3.54 8.07 9.90 7.27

Chugoku Marine Paints 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 8.51 7.15 9.62 7.84 5.68

TSE:4617 vs LIN, SHW, ECL: ROA % Comparison

For the Specialty Chemicals subindustry, Chugoku Marine Paints'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.


Chugoku Marine Paints ROA % vs Chemicals Industry

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

* The bar in red indicates where Chugoku Marine Paints's ROA % falls into.


TSE:4617
83GF Score
Chugoku Marine Paints Ltd TSE:4617
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chugoku Marine Paints ROA % Calculation

Chugoku Marine Paints'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 )
=10995/( (144777+157560)/ 2 )
=10995/151168.5
=7.27 %

Chugoku Marine Paints'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 )
=8784/( (151487+157560)/ 2 )
=8784/154523.5
=5.68 %

* 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 5.68% mean?
Chugoku Marine Paints (TSE:4617) has a ROA % of 5.68% 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 Chugoku Marine Paints and its competitors. This is 89% above median its historical median of 3.01. According to the industry distribution chart, Chugoku Marine Paints ranks #323 out of 1612 companies in the Chemicals industry, placing it in the top 20%.
Is Chugoku Marine Paints' ROA % too high?
Chugoku Marine Paints' current ROA % of 5.68% is 89% above median its 10-year median of 3.01. The Chemicals industry median ROA % is 2.92. Chugoku Marine Paints' value of 5.68% is 94.5% above this industry median. Based on the distribution chart, Chugoku Marine Paints ranks #323 out of 1612 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Chugoku Marine Paints has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chugoku Marine Paints' ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chugoku Marine Paints ranks #323 out of 1612 companies for ROA %. This places Chugoku Marine Paints in the top 20% of its industry — outperforming the majority of peers. The industry median ROA % is 2.92. Chugoku Marine Paints' value of 5.68% is 94.5% above this benchmark. While the company's 10-year median is 3.01 vs. the industry median of 2.92, Chugoku Marine Paints 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. Chugoku Marine Paints's current ROA % of 5.68% is 94.5% 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 Chugoku Marine Paints 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. Chugoku Marine Paints's current ROA % is 5.68%, which is 89% above median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugoku Marine Paints stock overvalued right now?
Based on GuruFocus' analysis, Chugoku Marine Paints (TSE:4617) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,512.35, compared to a current price of 円3,610.00 — trading 43.7% above its estimated fair value. The current ROA % is 5.68%, which is 89% above median its 10-year median of 3.01 and 94.5% above the Chemicals industry median of 2.92. Chugoku Marine Paints' overall GF Score™ is 83/100 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 Chugoku Marine Paints (TSE:4617), the current ROA % is 5.68% 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 Chugoku Marine Paints (TSE:4617) Overvalued in 2026?

Based on GuruFocus' analysis, Chugoku Marine Paints stock appears to be overvalued. The current stock price of 円3,610.00 is trading 43.7% above its estimated GF Value™ of 円2,512.35. GuruFocus considers Chugoku Marine Paints to be Significantly Overvalued.

Key valuation signals for TSE:4617:

  • ROA %: 5.68% (89% above median its 10-year median of 3.01)
  • GF Value™: 円2,512.35 vs. price of 円3,610.00 (43.7% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 94.5% above the Chemicals median (#323 of 1612)

No single metric tells the full story. See the TSE:4617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chugoku Marine Paints Business Description

Address 3-6-6 Kasumigaseki, Tokyo Club Building, Chiyoda-ku, Tokyo, JPN, 100-0013
Chugoku Marine Paints Ltd is a Japanese paint manufacturing firm. The company engages in manufacturing and marketing a variety of paints and coating materials which include marine paints, industrial paints, and container paints. Its products are used for various industry applications such as anti-fouling and epoxy paint for ships, caulking material for railways, and UV curable paint for plastics. It also undertakes painting contracts and serves a wide range of client base from across the world.
83GF Score

Get the complete analysis for TSE:4617

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

円3,610.00
Price
円2,512.35
GF Value