Bando Chemical Industries (TSE:5195) ROE %: 15.06% (As of Mar. 2026) — 98% Above Median


TSE:5195 Bando Chemical Industries Ltd TSE:5195
78 GF Score
Price 円2,221.00
GF Value 円1,985.98
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Bando Chemical Industries ROE %?

Bando Chemical Industries TSE:5195 +0.14% 78 ROE % is 15.06% as of Mar. 2026, which is 98% above its 10-year median of 7.62. GuruFocus rates TSE:5195 with a GF Score™ of 78/100 and a GF Value™ of 円1,985.98 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,003 Industrial Products companies, Bando Chemical Industries ranks better than 75.69% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bando Chemical Industries's annualized net income for the quarter that ended in Mar. 2026 was 円13,648 Mil. Bando Chemical Industries's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円90,625 Mil. Therefore, Bando Chemical Industries's annualized ROE % for the quarter that ended in Mar. 2026 was 15.06%.

The historical rank and industry rank for Bando Chemical Industries's ROE % or its related term are showing as below:

TSE:5195' s ROE % Range Over the Past 10 Years
Min: 1.04   Med: 7.62   Max: 12.23
Current: 12.23

During the past 13 years, Bando Chemical Industries's highest ROE % was 12.23%. The lowest was 1.04%. And the median was 7.62%.

TSE:5195's ROE % is ranked better than
75.69% of 3003 companies
in the Industrial Products industry
Industry Median: 5.86 vs TSE:5195: 12.23

Bando Chemical Industries  (TSE:5195) 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
=13648/90624.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(13648 / 120264)*(120264 / 128795.5)*(128795.5 / 90624.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.35 %*0.9338*1.4212
=ROA %*Equity Multiplier
=10.6 %*1.4212
=15.06 %

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
=13648/90624.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (13648 / 11036) * (11036 / 8640) * (8640 / 120264) * (120264 / 128795.5) * (128795.5 / 90624.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.2367 * 1.2773 * 7.18 % * 0.9338 * 1.4212
=15.06 %

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. 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.


Bando Chemical Industries ROE % Related Terms


Bando Chemical Industries ROE % Historical Data

* Premium members only.

The historical data trend for Bando Chemical Industries'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.

Bando Chemical Industries ROE % Chart

Bando Chemical Industries 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 1.70 7.64 7.59 1.79 12.10

Bando Chemical Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 -12.93 12.86 10.28 10.71 15.06

TSE:5195 vs GEV, ETN, PH: ROE % Comparison

For the Specialty Industrial Machinery subindustry, Bando Chemical Industries'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.


Bando Chemical Industries ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bando Chemical Industries's ROE % distribution charts can be found below:

* The bar in red indicates where Bando Chemical Industries's ROE % falls into.


TSE:5195
78GF Score
Bando Chemical Industries Ltd TSE:5195
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bando Chemical Industries ROE % Calculation

Bando Chemical Industries'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 )
=10568/( (82131+92607)/ 2 )
=10568/87369
=12.10 %

Bando Chemical Industries's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=13648/( (88642+92607)/ 2 )
=13648/90624.5
=15.06 %

* 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 four times the quarterly (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 15.06% mean?
Bando Chemical Industries (TSE:5195) has a ROE % of 15.06% 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 Bando Chemical Industries and its competitors. This is 98% above median its historical median of 7.62. Over the past decade, Bando Chemical Industries' ROE % has ranged from 1.04 to 12.23. According to the industry distribution chart, Bando Chemical Industries ranks #730 out of 3003 companies in the Industrial Products industry, placing it in the top 24.3%.
Is Bando Chemical Industries' ROE % too high?
Bando Chemical Industries' current ROE % of 15.06% is 98% above median its 10-year median of 7.62. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 12.23. The Industrial Products industry median ROE % is 5.86. Bando Chemical Industries' value of 15.06% is 157% above this industry median. Based on the distribution chart, Bando Chemical Industries ranks #730 out of 3003 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Bando Chemical Industries has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bando Chemical Industries' ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bando Chemical Industries ranks #730 out of 3003 companies for ROE %. This places Bando Chemical Industries in the top 24% of its industry — outperforming the majority of peers. The industry median ROE % is 5.86. Bando Chemical Industries' value of 15.06% is 157% above this benchmark. Historically, Bando Chemical Industries' own ROE % has ranged from 1.04 to 12.23 over the past decade. While the company's 10-year median is 7.62 vs. the industry median of 5.86, Bando Chemical Industries 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.86, based on 3,003 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. Bando Chemical Industries's current ROE % of 15.06% is 157% 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 Bando Chemical Industries and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bando Chemical Industries's current ROE % is 15.06%, which is 98% above median its own 10-year median of 7.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bando Chemical Industries stock overvalued right now?
Based on GuruFocus' analysis, Bando Chemical Industries (TSE:5195) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,985.98, compared to a current price of 円2,221.00 — trading 11.8% above its estimated fair value. The current ROE % is 15.06%, which is 98% above median its 10-year median of 7.62 and 157% above the Industrial Products industry median of 5.86. Bando Chemical Industries' overall GF Score™ is 78/100 with 4 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 Bando Chemical Industries (TSE:5195), the current ROE % is 15.06% 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 Bando Chemical Industries (TSE:5195) Overvalued in 2026?

Based on GuruFocus' analysis, Bando Chemical Industries stock appears to be overvalued. The current stock price of 円2,221.00 is trading 11.8% above its estimated GF Value™ of 円1,985.98. GuruFocus considers Bando Chemical Industries to be Modestly Overvalued.

Key valuation signals for TSE:5195:

  • ROE %: 15.06% (98% above median its 10-year median of 7.62)
  • GF Value™: 円1,985.98 vs. price of 円2,221.00 (11.8% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 157% above the Industrial Products median (#730 of 3003)

No single metric tells the full story. See the TSE:5195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bando Chemical Industries Business Description

Address 6-6, Minatojima Minamimachi 4-chome, Chuo-ku, Kobe, JPN, 650-0047
Bando Chemical Industries Ltd manufactures and sells rubber and plastic products such as power transmission belts and systems, belts used in precision equipment, and multimedia parts made form urethane and resins. It operates its business under Belt, Advanced Elastomer Products, and Other segments. Belt segment manufactures and sells transmission belts for automobiles and general industry use, conveyor belts, resin conveyor belts, synchronous conveyor belts, transportation system products, hulling roll and railway track product, among others. Elastomer segment manufactures and sells polyurethane functional components, precision abrasives, films for building materials, medical films and industrial films, among others. Bando earns the majority of its revenue from Belt business.
78GF Score

Get the complete analysis for TSE:5195

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

円2,221.00
Price
円1,985.98
GF Value