Nihon Kagakungyo Co (TSE:4094) ROE %: 4.15% (As of Mar. 2026) — 23% Below Median


TSE:4094 Nihon Kagaku Sangyo Co Ltd TSE:4094
63 GF Score
Price 円2,089.00
GF Value 円1,857.32
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Nihon Kagakungyo Co ROE %?

Nihon Kagakungyo Co TSE:4094 -0.57% 63 ROE % is 4.15% as of Mar. 2026, which is 23% below its 10-year median of 5.38. GuruFocus rates TSE:4094 with a GF Score™ of 63/100 and a GF Value™ of 円1,857.32 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,581 Chemicals companies, Nihon Kagakungyo Co ranks worse than 53.32% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nihon Kagakungyo Co's annualized net income for the quarter that ended in Mar. 2026 was 円2,056 Mil. Nihon Kagakungyo Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円49,551 Mil. Therefore, Nihon Kagakungyo Co's annualized ROE % for the quarter that ended in Mar. 2026 was 4.15%.

The historical rank and industry rank for Nihon Kagakungyo Co's ROE % or its related term are showing as below:

TSE:4094' s ROE % Range Over the Past 10 Years
Min: 3.92   Med: 5.38   Max: 7.94
Current: 4.7

During the past 13 years, Nihon Kagakungyo Co's highest ROE % was 7.94%. The lowest was 3.92%. And the median was 5.38%.

TSE:4094's ROE % is ranked worse than
53.32% of 1581 companies
in the Chemicals industry
Industry Median: 5.21 vs TSE:4094: 4.70

Nihon Kagakungyo Co  (TSE:4094) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2055.964/49550.9715
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2055.964 / 29486.732)*(29486.732 / 59126.673)*(59126.673 / 49550.9715)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.97 %*0.4987*1.1932
=ROA %*Equity Multiplier
=3.48 %*1.1932
=4.15 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2055.964/49550.9715
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2055.964 / 3226.088) * (3226.088 / 3773.612) * (3773.612 / 29486.732) * (29486.732 / 59126.673) * (59126.673 / 49550.9715)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6373 * 0.8549 * 12.8 % * 0.4987 * 1.1932
=4.15 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Nihon Kagakungyo Co ROE % Related Terms


Nihon Kagakungyo Co ROE % Historical Data

* Premium members only.

The historical data trend for Nihon Kagakungyo Co's ROE % 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.

Nihon Kagakungyo Co ROE % Chart

Nihon Kagakungyo Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.94 5.24 3.92 5.12 4.69

Nihon Kagakungyo Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % 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 4.34 5.42 4.81 5.29 4.15

TSE:4094 vs LIN, SHW, ECL: ROE % Comparison

For the Specialty Chemicals subindustry, Nihon Kagakungyo Co's ROE %, along with its competitors' market caps and ROE % 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.


Nihon Kagakungyo Co ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nihon Kagakungyo Co's ROE % distribution charts can be found below:

* The bar in red indicates where Nihon Kagakungyo Co's ROE % falls into.


TSE:4094
63GF Score
Nihon Kagaku Sangyo Co Ltd TSE:4094
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nihon Kagakungyo Co ROE % Calculation

Nihon Kagakungyo Co's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=2281.837/( (46478.869+50824.835)/ 2 )
=2281.837/48651.852
=4.69 %

Nihon Kagakungyo Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=2055.964/( (48277.108+50824.835)/ 2 )
=2055.964/49550.9715
=4.15 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 4.15% mean?
Nihon Kagakungyo Co (TSE:4094) has a ROE % of 4.15% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nihon Kagakungyo Co and its competitors. This is 23% below median its historical median of 5.38. Over the past decade, Nihon Kagakungyo Co's ROE % has ranged from 3.92 to 7.94. According to the industry distribution chart, Nihon Kagakungyo Co ranks #843 out of 1581 companies in the Chemicals industry, placing it in the top 53.3%.
Is Nihon Kagakungyo Co's ROE % too high?
Nihon Kagakungyo Co's current ROE % of 4.15% is 23% below median its 10-year median of 5.38. Over the past 10 years, this metric has ranged from a low of 3.92 to a high of 7.94. The Chemicals industry median ROE % is 5.21. Nihon Kagakungyo Co's value of 4.15% is 20.3% below this industry median. Based on the distribution chart, Nihon Kagakungyo Co ranks #843 out of 1581 companies in the Chemicals industry, which is below the industry midpoint. Overall, Nihon Kagakungyo Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Kagakungyo Co's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nihon Kagakungyo Co ranks #843 out of 1581 companies for ROE %. This places Nihon Kagakungyo Co in the lower half of its industry. The industry median ROE % is 5.21. Nihon Kagakungyo Co's value of 4.15% is 20.3% below this benchmark. Historically, Nihon Kagakungyo Co's own ROE % has ranged from 3.92 to 7.94 over the past decade. While the company's 10-year median is 5.38 vs. the industry median of 5.21, Nihon Kagakungyo Co has consistently been below 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 ROE % for a Chemicals company?
The median ROE % among Chemicals companies is 5.21, based on 1,581 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nihon Kagakungyo Co's current ROE % of 4.15% is 20.3% below 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nihon Kagakungyo Co and its competitors. For the Chemicals industry, the median ROE % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Kagakungyo Co's current ROE % is 4.15%, which is 23% below median its own 10-year median of 5.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Kagakungyo Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Kagakungyo Co (TSE:4094) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,857.32, compared to a current price of 円2,089.00 — trading 12.5% above its estimated fair value. The current ROE % is 4.15%, which is 23% below median its 10-year median of 5.38 and 20.3% below the Chemicals industry median of 5.21. Nihon Kagakungyo Co's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Nihon Kagakungyo Co (TSE:4094), the current ROE % is 4.15% 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 Nihon Kagakungyo Co (TSE:4094) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Kagakungyo Co stock appears to be overvalued. The current stock price of 円2,089.00 is trading 12.5% above its estimated GF Value™ of 円1,857.32. GuruFocus considers Nihon Kagakungyo Co to be Modestly Overvalued.

Key valuation signals for TSE:4094:

  • ROE %: 4.15% (23% below median its 10-year median of 5.38)
  • GF Value™: 円1,857.32 vs. price of 円2,089.00 (12.5% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 20.3% below the Chemicals median (#843 of 1581)

No single metric tells the full story. See the TSE:4094 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Kagakungyo Co Business Description

Address 4-8-1 Higashi Ueno, Tixtower Ueno (Reception 5th Floor, Taito-ku, Tokyo, JPN, 110-0015
Nihon Kagaku Sangyo Co Ltd is a Japan-based chemical manufacturer. Its business activities are divided into two divisions including Chemical business which is engaged in production and sales of organic and inorganic industrial chemicals. And Building Materials business which offers metal products. Its chemical product offerings include copper compounds, tin compounds, nickel compounds, cobalt compounds, metallic soaps, among others. The building materials division offers products including plancier air vent, nent roof, finish hardware, mail post, approach stainless steel, handrails, heat exchanger, metal eaves fascia and cold rolling forming hardware.
63GF Score

Get the complete analysis for TSE:4094

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

円2,089.00
Price
円1,857.32
GF Value