Nihon Seiko Co (TSE:5729) ROE %: 12.02% (As of Mar. 2026) — Near Median

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TSE:5729 Nihon Seiko Co Ltd TSE:5729
77 GF Score
Price 円1,563.00
GF Value 円2,178.81
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Nihon Seiko Co ROE %?

Nihon Seiko Co TSE:5729 +2.56% 77 ROE % is 12.02% as of Mar. 2026, which is 1% above its 10-year median of 11.90. GuruFocus rates TSE:5729 with a GF Score™ of 77/100 and a GF Value™ of 円2,178.81 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,584 Chemicals companies, Nihon Seiko Co ranks better than 97.29% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nihon Seiko Co's annualized net income for the quarter that ended in Mar. 2026 was 円1,826 Mil. Nihon Seiko Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円15,193 Mil. Therefore, Nihon Seiko Co's annualized ROE % for the quarter that ended in Mar. 2026 was 12.02%.

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

TSE:5729' s ROE % Range Over the Past 10 Years
Min: 3.95   Med: 11.9   Max: 30.79
Current: 29.88

During the past 13 years, Nihon Seiko Co's highest ROE % was 30.79%. The lowest was 3.95%. And the median was 11.90%.

TSE:5729's ROE % is ranked better than
97.29% of 1584 companies
in the Chemicals industry
Industry Median: 5.25 vs TSE:5729: 29.88

Nihon Seiko Co  (TSE:5729) 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
=1825.508/15192.722
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1825.508 / 40054.458)*(40054.458 / 24533.465)*(24533.465 / 15192.722)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.56 %*1.6326*1.6148
=ROA %*Equity Multiplier
=7.44 %*1.6148
=12.02 %

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
=1825.508/15192.722
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1825.508 / 2533.848) * (2533.848 / 2556.162) * (2556.162 / 40054.458) * (40054.458 / 24533.465) * (24533.465 / 15192.722)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7204 * 0.9913 * 6.38 % * 1.6326 * 1.6148
=12.02 %

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 Seiko Co ROE % Related Terms


Nihon Seiko Co ROE % Historical Data

* Premium members only.

The historical data trend for Nihon Seiko 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 Seiko Co ROE % Chart

Nihon Seiko 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 17.85 5.15 5.26 22.71 30.79

Nihon Seiko 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 7.13 12.14 33.42 49.15 12.02

TSE:5729 vs DOW: ROE % Comparison

For the Chemicals subindustry, Nihon Seiko 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 Seiko Co ROE % vs Chemicals Industry

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

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


TSE:5729
77GF Score
Nihon Seiko Co Ltd TSE:5729
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon Seiko Co ROE % Calculation

Nihon Seiko 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 )
=4214.75/( (11932.839+15446.989)/ 2 )
=4214.75/13689.914
=30.79 %

Nihon Seiko 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 )
=1825.508/( (14938.455+15446.989)/ 2 )
=1825.508/15192.722
=12.02 %

* 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 12.02% mean?
Nihon Seiko Co (TSE:5729) has a ROE % of 12.02% 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 Seiko Co and its competitors. This is near median its historical median of 11.90. Over the past decade, Nihon Seiko Co's ROE % has ranged from 3.95 to 30.79. According to the industry distribution chart, Nihon Seiko Co ranks #43 out of 1584 companies in the Chemicals industry, placing it in the top 2.7%.
Is Nihon Seiko Co's ROE % too high?
Nihon Seiko Co's current ROE % of 12.02% is near median its 10-year median of 11.90. Over the past 10 years, this metric has ranged from a low of 3.95 to a high of 30.79. The Chemicals industry median ROE % is 5.25. Nihon Seiko Co's value of 12.02% is 129% above this industry median. Based on the distribution chart, Nihon Seiko Co ranks #43 out of 1584 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Nihon Seiko Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Seiko Co's ROE % compare to DOW?
According to the Chemicals industry distribution chart, Nihon Seiko Co ranks #43 out of 1584 companies for ROE %. This places Nihon Seiko Co in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 5.25. Nihon Seiko Co's value of 12.02% is 129% above this benchmark. Historically, Nihon Seiko Co's own ROE % has ranged from 3.95 to 30.79 over the past decade. While the company's 10-year median is 11.90 vs. the industry median of 5.25, Nihon Seiko Co 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 5.25, based on 1,584 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 Seiko Co's current ROE % of 12.02% is 129% 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 Nihon Seiko Co and its competitors. For the Chemicals industry, the median ROE % is 5.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Seiko Co's current ROE % is 12.02%, which is near median its own 10-year median of 11.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Seiko Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Seiko Co (TSE:5729) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,178.81, compared to a current price of 円1,563.00 — trading 28.3% below its estimated fair value. The current ROE % is 12.02%, which is near median its 10-year median of 11.90 and 129% above the Chemicals industry median of 5.25. Nihon Seiko Co'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 Nihon Seiko Co (TSE:5729), the current ROE % is 12.02% 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 Seiko Co (TSE:5729) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Seiko Co stock appears to be undervalued. The current stock price of 円1,563.00 is trading 28.3% below its estimated GF Value™ of 円2,178.81. GuruFocus considers Nihon Seiko Co to be Modestly Undervalued.

Key valuation signals for TSE:5729:

  • ROE %: 12.02% (near median its 10-year median of 11.90)
  • GF Value™: 円2,178.81 vs. price of 円1,563.00 (28.3% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 129% above the Chemicals median (#43 of 1584)

No single metric tells the full story. See the TSE:5729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Seiko Co Business Description

Address 3-2 Shimomiyabi-cho, Shinjuku-ku, Tokyo, JPN, 162-0822
Nihon Seiko Co Ltd is engaged in the manufacture and sale of antimony products and metallic powder products in Japan. Its products include antimony trioxide, special treatment antimony trioxide, antimony metal sodium antimonite and antimony trisulfide.
77GF Score

Get the complete analysis for TSE:5729

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

円1,563.00
Price
円2,178.81
GF Value