Daishin Chemical Co (TSE:4629) ROCE %: 6.51% (As of Mar. 2026)

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TSE:4629 Daishin Chemical Co Ltd TSE:4629
69 GF Score
Price 円1,840.00
GF Value 円1,495.54
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Daishin Chemical Co ROCE %?

Daishin Chemical Co TSE:4629 +1.60% 69 ROCE % is 6.51% as of Mar. 2026. GuruFocus rates TSE:4629 with a GF Score™ of 69/100 and a GF Value™ of 円1,495.54 (Modestly Overvalued). The stock has 3 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. Daishin Chemical Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.51%.

Daishin Chemical Co  (TSE:4629) 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.

Daishin Chemical Co ROCE % Related Terms

Daishin Chemical Co ROCE % Historical Data

* Premium members only.

The historical data trend for Daishin Chemical 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.

Daishin Chemical Co ROCE % Chart

Daishin Chemical 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 7.05 8.58 5.88 5.08 7.19

Daishin Chemical 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 5.02 4.61 5.62 7.97 6.51
TSE:4629
69GF Score
Daishin Chemical Co Ltd TSE:4629
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Daishin Chemical Co ROCE % Calculation

Daishin Chemical 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 )
=1235.752/( ( (25196.175 - 8466.07) + (26091.863 - 8441.436) )/ 2 )
=1235.752/( (16730.105+17650.427)/ 2 )
=1235.752/17190.266
=7.19 %

Daishin Chemical 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 )
=1127.718/( ( (25843.055 - 8856.692) + (26091.863 - 8441.436) )/ 2 )
=1127.718/( ( 16986.363 + 17650.427 )/ 2 )
=1127.718/17318.395
=6.51 %

(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 6.51% mean?
Daishin Chemical Co (TSE:4629) has a ROCE % of 6.51% as of Mar. 2026.
Is Daishin Chemical Co's ROCE % too high?
Daishin Chemical Co's current ROCE % is 6.51%. The Chemicals industry median ROCE % is 6.49. Daishin Chemical Co's value of 6.51% is 0.3% above this industry median. Overall, Daishin Chemical Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daishin Chemical Co's ROCE % compare to LIN and SHW?
Daishin Chemical Co's ROCE % of 6.51% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.49. Daishin Chemical Co's value of 6.51% is 0.3% 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 6.49, based on 1,588 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. Daishin Chemical Co's current ROCE % of 6.51% is 0.3% 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 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daishin Chemical Co's current ROCE % is 6.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daishin Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Daishin Chemical Co (TSE:4629) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,495.54, compared to a current price of 円1,840.00 — trading 23% above its estimated fair value. The current ROCE % is 6.51% and 0.3% above the Chemicals industry median of 6.49. Daishin Chemical Co's overall GF Score™ is 69/100 with 3 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 Daishin Chemical Co (TSE:4629), the current ROCE % is 6.51% 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 Daishin Chemical Co (TSE:4629) Overvalued in 2026?

Based on GuruFocus' analysis, Daishin Chemical Co stock appears to be overvalued. The current stock price of 円1,840.00 is trading 23% above its estimated GF Value™ of 円1,495.54. GuruFocus considers Daishin Chemical Co to be Modestly Overvalued.

Key valuation signals for TSE:4629:

  • ROCE %: 6.51%
  • GF Value™: 円1,495.54 vs. price of 円1,840.00 (23% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 0.3% above the Chemicals median

No single metric tells the full story. See the TSE:4629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Daishin Chemical Co Business Description

Address 1-9-9 Shiba Daimon Minato-ku, Tokyo, JPN, 105-0012
Daishin Chemical Co Ltd is a Japanese based manufacturer and seller of organic solvents. Its product portfolio includes lacquer thinner, thinner for synthetic resin paint, thinner for cleaning, solvent for printing, special thinner, single solvent, and paint, among other products. The company also processes plastics and metals with electromagnetic shielding.
69GF Score

Get the complete analysis for TSE:4629

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

円1,840.00
Price
円1,495.54
GF Value