Heiwa Real Estate Co (FRA:HZJ) ROE % Adjusted to Book Value: 14.58% (As of Mar. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:HZJ Heiwa Real Estate Co Ltd FRA:HZJ
74 GF Score
Price €12.80
GF Value €15.37
! 4 Warning Signs
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What is Heiwa Real Estate Co ROE % Adjusted to Book Value?

Heiwa Real Estate Co FRA:HZJ -0.78% 74 ROE % Adjusted to Book Value is 14.58% as of Mar. 2026. GuruFocus rates FRA:HZJ with a GF Score™ of 74/100 and a GF Value™ of €15.37. The stock has 4 warning signs investors should review.

Heiwa Real Estate Co's ROE % for the quarter that ended in Mar. 2026 was 15.45%. Heiwa Real Estate Co's PB Ratio for the quarter that ended in Mar. 2026 was 1.06. Heiwa Real Estate Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 14.58%.


Heiwa Real Estate Co ROE % Adjusted to Book Value Related Terms


Heiwa Real Estate Co ROE % Adjusted to Book Value Historical Data

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The historical data trend for Heiwa Real Estate Co's ROE % Adjusted to Book Value 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.

Heiwa Real Estate Co ROE % Adjusted to Book Value Chart

Heiwa Real Estate Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.33 6.59 5.87 6.02 7.97

Heiwa Real Estate Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROE % Adjusted to Book Value 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 6.21 5.60 5.55 14.58 4.02

Heiwa Real Estate Co ROE % Adjusted to Book Value Competitor Comparison

For the Real Estate - Diversified subindustry, Heiwa Real Estate Co's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Heiwa Real Estate Co ROE % Adjusted to Book Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Heiwa Real Estate Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Heiwa Real Estate Co's ROE % Adjusted to Book Value falls into.


FRA:HZJ
74GF Score
Heiwa Real Estate Co Ltd FRA:HZJ
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heiwa Real Estate Co ROE % Adjusted to Book Value Calculation

Heiwa Real Estate Co's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=8.45% / 1.06
=7.97%

Heiwa Real Estate Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=15.45% / 1.06
=14.58%

* 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.

What does a ROE % Adjusted to Book Value of 14.58% mean?
Heiwa Real Estate Co (FRA:HZJ) has a ROE % Adjusted to Book Value of 14.58% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Heiwa Real Estate Co and its competitors.
Is Heiwa Real Estate Co's ROE % Adjusted to Book Value too high?
Heiwa Real Estate Co's current ROE % Adjusted to Book Value is 14.58%. Overall, Heiwa Real Estate Co has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Heiwa Real Estate Co's ROE % Adjusted to Book Value compare to competitors?
Heiwa Real Estate Co's ROE % Adjusted to Book Value of 14.58% can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Real Estate company?
A good ROE % Adjusted to Book Value depends on the Real Estate industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Heiwa Real Estate Co and its competitors. Heiwa Real Estate Co's current ROE % Adjusted to Book Value is 14.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heiwa Real Estate Co stock overvalued right now?
Heiwa Real Estate Co (FRA:HZJ) has a current ROE % Adjusted to Book Value of 14.58%. The stock's GF Value™ is €15.37, compared to a current price of €12.80 — trading 16.7% below its estimated fair value. The current ROE % Adjusted to Book Value is 14.58%. Heiwa Real Estate Co's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Heiwa Real Estate Co (FRA:HZJ), the current ROE % Adjusted to Book Value is 14.58% 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 Heiwa Real Estate Co (FRA:HZJ) Overvalued in 2026?

Based on GuruFocus' analysis, Heiwa Real Estate Co stock appears to be undervalued. The current stock price of €12.80 is trading 16.7% below its estimated GF Value™ of €15.37.

Key valuation signals for FRA:HZJ:

  • ROE % Adjusted to Book Value: 14.58%
  • GF Value™: €15.37 vs. price of €12.80 (16.7% below fair value)
  • GF Score™: 74/100 with 4 warning signs

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


Heiwa Real Estate Co Business Description

Other Exchanges 8803:Japan
Address 1-10, Nihonbashi Kabuto-cho, Chuo-ku, Tokyo, JPN, 103-8222
Heiwa Real Estate Co Ltd is primarily engaged in the leasing and development of real estate properties. The company's operates three reporting segments. The leasing business consists of ownership, leasing, management, and operation of stock exchanges, offices, commercial facilities, housing, conference venues, restaurants, and others. The real estate solutions segment consists of the development, operation and management of income property; the development and sale of houses; and the brokerage of real estate. The other businesses segment manages and renovates buildings and also operates an insurance agency and a private nursing-home business.
74GF Score

Get the complete analysis for FRA:HZJ

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

€12.80
Price
€15.37
GF Value