Nitta Gelatin (TSE:4977) ROE %: 9.12% (As of Mar. 2026) — 101% Above Median


TSE:4977 Nitta Gelatin Inc TSE:4977
77 GF Score
Price 円1,305.00
GF Value 円760.10
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nitta Gelatin ROE %?

Nitta Gelatin TSE:4977 -0.31% 77 ROE % is 9.12% as of Mar. 2026, which is 101% above its 10-year median of 4.54. GuruFocus rates TSE:4977 with a GF Score™ of 77/100 and a GF Value™ of 円760.10 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,586 Chemicals companies, Nitta Gelatin ranks better than 84.99% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nitta Gelatin's annualized net income for the quarter that ended in Mar. 2026 was 円2,136 Mil. Nitta Gelatin's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円23,427 Mil. Therefore, Nitta Gelatin's annualized ROE % for the quarter that ended in Mar. 2026 was 9.12%.

The historical rank and industry rank for Nitta Gelatin's ROE % or its related term are showing as below:

TSE:4977' s ROE % Range Over the Past 10 Years
Min: -9.92   Med: 4.54   Max: 16.25
Current: 14.58

During the past 13 years, Nitta Gelatin's highest ROE % was 16.25%. The lowest was -9.92%. And the median was 4.54%.

TSE:4977's ROE % is ranked better than
84.99% of 1586 companies
in the Chemicals industry
Industry Median: 5.185 vs TSE:4977: 14.58

Nitta Gelatin  (TSE:4977) 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
=2136/23426.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2136 / 39098)*(39098 / 42591.5)*(42591.5 / 23426.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.46 %*0.918*1.8181
=ROA %*Equity Multiplier
=5.01 %*1.8181
=9.12 %

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
=2136/23426.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2136 / 4874) * (4874 / 4678) * (4678 / 39098) * (39098 / 42591.5) * (42591.5 / 23426.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.4382 * 1.0419 * 11.96 % * 0.918 * 1.8181
=9.12 %

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.


Nitta Gelatin ROE % Related Terms


Nitta Gelatin ROE % Historical Data

* Premium members only.

The historical data trend for Nitta Gelatin'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.

Nitta Gelatin ROE % Chart

Nitta Gelatin 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 4.16 8.38 -9.92 16.25 14.61

Nitta Gelatin 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 -26.21 8.90 23.77 20.46 9.12

TSE:4977 vs LIN, SHW, ECL: ROE % Comparison

For the Specialty Chemicals subindustry, Nitta Gelatin'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.


Nitta Gelatin ROE % vs Chemicals Industry

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

* The bar in red indicates where Nitta Gelatin's ROE % falls into.


TSE:4977
77GF Score
Nitta Gelatin Inc TSE:4977
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitta Gelatin ROE % Calculation

Nitta Gelatin'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 )
=3282/( (20690+24248)/ 2 )
=3282/22469
=14.61 %

Nitta Gelatin'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 )
=2136/( (22605+24248)/ 2 )
=2136/23426.5
=9.12 %

* 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 9.12% mean?
Nitta Gelatin (TSE:4977) has a ROE % of 9.12% 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 Nitta Gelatin and its competitors. This is 101% above median its historical median of 4.54. According to the industry distribution chart, Nitta Gelatin ranks #238 out of 1586 companies in the Chemicals industry, placing it in the top 15%.
Is Nitta Gelatin's ROE % too high?
Nitta Gelatin's current ROE % of 9.12% is 101% above median its 10-year median of 4.54. The Chemicals industry median ROE % is 5.19. Nitta Gelatin's value of 9.12% is 75.9% above this industry median. Based on the distribution chart, Nitta Gelatin ranks #238 out of 1586 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Nitta Gelatin has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitta Gelatin's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nitta Gelatin ranks #238 out of 1586 companies for ROE %. This places Nitta Gelatin in the top 15% of its industry — outperforming the majority of peers. The industry median ROE % is 5.19. Nitta Gelatin's value of 9.12% is 75.9% above this benchmark. While the company's 10-year median is 4.54 vs. the industry median of 5.19, Nitta Gelatin 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 ROE % for a Chemicals company?
The median ROE % among Chemicals companies is 5.19, based on 1,586 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. Nitta Gelatin's current ROE % of 9.12% is 75.9% 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 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 Nitta Gelatin and its competitors. For the Chemicals industry, the median ROE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitta Gelatin's current ROE % is 9.12%, which is 101% above median its own 10-year median of 4.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitta Gelatin stock overvalued right now?
Based on GuruFocus' analysis, Nitta Gelatin (TSE:4977) is currently considered Significantly Overvalued. The stock's GF Value™ is 円760.10, compared to a current price of 円1,305.00 — trading 71.7% above its estimated fair value. The current ROE % is 9.12%, which is 101% above median its 10-year median of 4.54 and 75.9% above the Chemicals industry median of 5.19. Nitta Gelatin's overall GF Score™ is 77/100 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 Nitta Gelatin (TSE:4977), the current ROE % is 9.12% 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 Nitta Gelatin (TSE:4977) Overvalued in 2026?

Based on GuruFocus' analysis, Nitta Gelatin stock appears to be overvalued. The current stock price of 円1,305.00 is trading 71.7% above its estimated GF Value™ of 円760.10. GuruFocus considers Nitta Gelatin to be Significantly Overvalued.

Key valuation signals for TSE:4977:

  • ROE %: 9.12% (101% above median its 10-year median of 4.54)
  • GF Value™: 円760.10 vs. price of 円1,305.00 (71.7% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 75.9% above the Chemicals median (#238 of 1586)

No single metric tells the full story. See the TSE:4977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitta Gelatin Business Description

Address 4-4-26 Sakuragawa, Naniwa-ku, Osaka, JPN, 556-0022
Nitta Gelatin Inc is a manufacturer of gelatin products. It manufactures and sells gelatin, collagen peptides, collagen casing, collagen, and other products made from animal bones and skin or fish scales and skin.
77GF Score

Get the complete analysis for TSE:4977

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

円1,305.00
Price
円760.10
GF Value