ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Exceed World's annualized net income for the quarter that ended in Sep. 2025 was $-9.89 Mil. Exceed World's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was $12.44 Mil. Therefore, Exceed World's annualized ROE % for the quarter that ended in Sep. 2025 was -79.50%.
The historical rank and industry rank for Exceed World's ROE % or its related term are showing as below:
EXDW'
s ROE % Range Over the Past 10 Years
Min: -46.26 Med: 6.62 Max: 57.79
Current: -44.7
During the past 10 years, Exceed World's highest ROE % was 57.79%. The lowest was -46.26%. And the median was 6.62%.
EXDW's ROE % is ranked worse than 91.63% of 263
companies
in the Education industry
Industry Median: 7.31
vs EXDW: -44.70
Exceed World (OTCPK:EXDW) 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:
Note:
The net income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 2025) 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.
Exceed World ROE % Related Terms
Exceed World ROE % Historical Data
* Premium members only.
The historical data trend for Exceed World'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.
For the Education & Training Services subindustry, Exceed World'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.
Exceed World ROE % vs Education Industry
For the Education industry and Consumer Defensive sector, Exceed World's ROE % distribution charts can be found below:
* The bar in red indicates where Exceed World's ROE % falls into.
* 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 (Sep. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Exceed World (EXDW) has a ROE % of -79.50% as of Sep. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Exceed World and its competitors. According to the industry distribution chart, Exceed World ranks #241 out of 263 companies in the Education industry, placing it in the top 91.6%.
Is Exceed World's ROE % too high?
Exceed World's current ROE % is -79.50%. Based on the distribution chart, Exceed World ranks #241 out of 263 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, Exceed World has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Exceed World's ROE % compare to ASPU and WAFU?
According to the Education industry distribution chart, Exceed World ranks #241 out of 263 companies for ROE %. This places Exceed World in the lower half of its industry. The industry median ROE % is 7.31. 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 Education company?
The median ROE % among Education companies is 7.31, based on 263 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. 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 Exceed World and its competitors. For the Education industry, the median ROE % is 7.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exceed World's current ROE % is -79.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exceed World stock overvalued right now?
Exceed World (EXDW) has a current ROE % of -79.50%. The stock's GF Value™ is $0.15, compared to a current price of $0.29 — trading 95% above its estimated fair value. The current ROE % is -79.50%. Exceed World's overall GF Score™ is 44/100 with 8 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 Exceed World (EXDW), the current ROE % is -79.50% as of Sep. 2025. 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 Exceed World (EXDW) Overvalued in 2026?
Based on GuruFocus' analysis, Exceed World stock appears to be overvalued.
The current stock price of $0.29 is trading 95% above its estimated GF Value™ of $0.15.
Key valuation signals for EXDW:
ROE %: -79.50%
GF Value™: $0.15 vs. price of $0.29 (95% above fair value)
No single metric tells the full story. See the EXDW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Exceed World Inc is engaged in the education service business and provides educational services through an internet platform called Force Club. The company is an education service provider in Japan, offering a range of e-learning education programs and supporting services through Force Club. Its e-learning programs, procured from independent third-party software developers, include pre-school learning resources, resources supplementing elementary, junior high, and senior high school curricula, preparation courses for university entrance and professional qualification examinations, and English learning, serving customers from pre-school children to students and adult learners, mainly as supplemental learning resources and self-learning tools.
44GF Score
Get the complete analysis for EXDW
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
EXDW has been successfully added to your 
