Sugai Chemical Industry Co (TSE:4120) ROCE %: 7.31% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4120 Sugai Chemical Industry Co Ltd TSE:4120
71 GF Score
Price 円3,060.00
GF Value 円2,112.20
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Sugai Chemical Industry Co ROCE %?

Sugai Chemical Industry Co TSE:4120 -1.13% 71 ROCE % is 7.31% as of Mar. 2026. GuruFocus rates TSE:4120 with a GF Score™ of 71/100 and a GF Value™ of 円2,112.20 (Significantly Overvalued). The stock has 8 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Sugai Chemical Industry Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.31%.


Sugai Chemical Industry Co  (TSE:4120) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Sugai Chemical Industry Co ROCE % Related Terms


Sugai Chemical Industry Co ROCE % Historical Data

* Premium members only.

The historical data trend for Sugai Chemical Industry Co's ROCE % 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.

Sugai Chemical Industry Co ROCE % Chart

Sugai Chemical Industry Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.40 9.31 5.77 6.32 7.05

Sugai Chemical Industry Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % 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 1.37 4.16 8.75 6.92 7.31
TSE:4120
71GF Score
Sugai Chemical Industry Co Ltd TSE:4120
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sugai Chemical Industry Co ROCE % Calculation

Sugai Chemical Industry Co's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=648.936/( ( (11477.025 - 2786.327) + (12189.011 - 2463.856) )/ 2 )
=648.936/( (8690.698+9725.155)/ 2 )
=648.936/9207.9265
=7.05 %

Sugai Chemical Industry Co's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=685.384/( ( (11291.57 - 2276.406) + (12189.011 - 2463.856) )/ 2 )
=685.384/( ( 9015.164 + 9725.155 )/ 2 )
=685.384/9370.1595
=7.31 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 7.31% mean?
Sugai Chemical Industry Co (TSE:4120) has a ROCE % of 7.31% as of Mar. 2026.
Is Sugai Chemical Industry Co's ROCE % too high?
Sugai Chemical Industry Co's current ROCE % is 7.31%. The Chemicals industry median ROCE % is 6.52. Sugai Chemical Industry Co's value of 7.31% is 12.1% above this industry median. Overall, Sugai Chemical Industry Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sugai Chemical Industry Co's ROCE % compare to LIN and SHW?
Sugai Chemical Industry Co's ROCE % of 7.31% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.52. Sugai Chemical Industry Co's value of 7.31% is 12.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Chemicals company?
The median ROCE % among Chemicals companies is 6.52, based on 1,589 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sugai Chemical Industry Co's current ROCE % of 7.31% is 12.1% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median ROCE % is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sugai Chemical Industry Co's current ROCE % is 7.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sugai Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Sugai Chemical Industry Co (TSE:4120) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,112.20, compared to a current price of 円3,060.00 — trading 44.9% above its estimated fair value. The current ROCE % is 7.31% and 12.1% above the Chemicals industry median of 6.52. Sugai Chemical Industry Co's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Sugai Chemical Industry Co (TSE:4120), the current ROCE % is 7.31% 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 Sugai Chemical Industry Co (TSE:4120) Overvalued in 2026?

Based on GuruFocus' analysis, Sugai Chemical Industry Co stock appears to be overvalued. The current stock price of 円3,060.00 is trading 44.9% above its estimated GF Value™ of 円2,112.20. GuruFocus considers Sugai Chemical Industry Co to be Significantly Overvalued.

Key valuation signals for TSE:4120:

  • ROCE %: 7.31%
  • GF Value™: 円2,112.20 vs. price of 円3,060.00 (44.9% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 12.1% above the Chemicals median

No single metric tells the full story. See the TSE:4120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sugai Chemical Industry Co Business Description

Address 4-4-6 Uzu, Wakayama, JPN
Sugai Chemical Industry Co Ltd is a Japan-based chemical company. It manufactures and sells pharmaceutical intermediary products, agrochemical intermediary products, functional intermediary products, and surface-acting agents.
71GF Score

Get the complete analysis for TSE:4120

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

円3,060.00
Price
円2,112.20
GF Value