FNOEF (Furuno Electric Co) ROE %: 15.99% (As of Feb. 2026) — 112% Above Median


FNOEF Furuno Electric Co Ltd FNOEF
80 GF Score
Price $41.99
GF Value $19.23
! 1 Warning Sign
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What is Furuno Electric Co ROE %?

Furuno Electric Co FNOEF 80 ROE % is 15.99% as of Feb. 2026, which is 112% above its 10-year median of 7.54. GuruFocus rates FNOEF with a GF Score™ of 80/100 and a GF Value™ of $19.23. The stock has 1 warning sign investors should review. Among 2,423 Hardware companies, Furuno Electric Co ranks better than 91.29% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Furuno Electric Co's annualized net income for the quarter that ended in Feb. 2026 was $88.3 Mil. Furuno Electric Co's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was $552.4 Mil. Therefore, Furuno Electric Co's annualized ROE % for the quarter that ended in Feb. 2026 was 15.99%.

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

FNOEF' s ROE % Range Over the Past 10 Years
Min: 2.7   Med: 7.54   Max: 21.13
Current: 21.13

During the past 13 years, Furuno Electric Co's highest ROE % was 21.13%. The lowest was 2.70%. And the median was 7.54%.

FNOEF's ROE % is ranked better than
91.29% of 2423 companies
in the Hardware industry
Industry Median: 4.61 vs FNOEF: 21.13

Furuno Electric Co  (OTCPK:FNOEF) 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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=88.328/552.374
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(88.328 / 976.392)*(976.392 / 879.1995)*(879.1995 / 552.374)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.05 %*1.1105*1.5917
=ROA %*Equity Multiplier
=10.05 %*1.5917
=15.99 %

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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=88.328/552.374
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (88.328 / 101.948) * (101.948 / 92.016) * (92.016 / 976.392) * (976.392 / 879.1995) * (879.1995 / 552.374)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8664 * 1.1079 * 9.42 % * 1.1105 * 1.5917
=15.99 %

Note: The net income data used here is four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 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.


Furuno Electric Co ROE % Related Terms


Furuno Electric Co ROE % Historical Data

* Premium members only.

The historical data trend for Furuno Electric 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.

Furuno Electric Co ROE % Chart

Furuno Electric Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.77 2.51 10.43 17.10 20.51

Furuno Electric Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 16.80 19.96 34.66 15.03 15.99

FNOEF vs COHR, KEYS, GRMN: ROE % Comparison

For the Scientific & Technical Instruments subindustry, Furuno Electric 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.


Furuno Electric Co ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Furuno Electric Co's ROE % distribution charts can be found below:

* The bar in red indicates where Furuno Electric Co's ROE % falls into.


FNOEF
80GF Score
Furuno Electric Co Ltd FNOEF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Furuno Electric Co ROE % Calculation

Furuno Electric Co's annualized ROE % for the fiscal year that ended in Feb. 2026 is calculated as

ROE %=Net Income (A: Feb. 2026 )/( (Total Stockholders Equity (A: Feb. 2025 )+Total Stockholders Equity (A: Feb. 2026 ))/ count )
=107.897/( (476.244+576.042)/ 2 )
=107.897/526.143
=20.51 %

Furuno Electric Co's annualized ROE % for the quarter that ended in Feb. 2026 is calculated as

ROE %=Net Income (Q: Feb. 2026 )/( (Total Stockholders Equity (Q: Nov. 2025 )+Total Stockholders Equity (Q: Feb. 2026 ))/ count )
=88.328/( (528.706+576.042)/ 2 )
=88.328/552.374
=15.99 %

* 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 (Feb. 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 15.99% mean?
Furuno Electric Co (FNOEF) has a ROE % of 15.99% as of Feb. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Furuno Electric Co and its competitors. This is 112% above median its historical median of 7.54. Over the past decade, Furuno Electric Co's ROE % has ranged from 2.70 to 21.13. According to the industry distribution chart, Furuno Electric Co ranks #211 out of 2423 companies in the Hardware industry, placing it in the top 8.7%.
Is Furuno Electric Co's ROE % too high?
Furuno Electric Co's current ROE % of 15.99% is 112% above median its 10-year median of 7.54. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 21.13. The Hardware industry median ROE % is 4.61. Furuno Electric Co's value of 15.99% is 246.9% above this industry median. Based on the distribution chart, Furuno Electric Co ranks #211 out of 2423 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Furuno Electric Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Furuno Electric Co's ROE % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Furuno Electric Co ranks #211 out of 2423 companies for ROE %. This places Furuno Electric Co in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 4.61. Furuno Electric Co's value of 15.99% is 246.9% above this benchmark. Historically, Furuno Electric Co's own ROE % has ranged from 2.70 to 21.13 over the past decade. While the company's 10-year median is 7.54 vs. the industry median of 4.61, Furuno Electric 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 Hardware company?
The median ROE % among Hardware companies is 4.61, based on 2,423 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. Furuno Electric Co's current ROE % of 15.99% is 246.9% 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 Furuno Electric Co and its competitors. For the Hardware industry, the median ROE % is 4.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Furuno Electric Co's current ROE % is 15.99%, which is 112% above median its own 10-year median of 7.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Furuno Electric Co stock overvalued right now?
Furuno Electric Co (FNOEF) has a current ROE % of 15.99%. The stock's GF Value™ is $19.23, compared to a current price of $41.99 — trading 118.4% above its estimated fair value. The current ROE % is 15.99%, which is 112% above median its 10-year median of 7.54 and 246.9% above the Hardware industry median of 4.61. Furuno Electric Co's overall GF Score™ is 80/100 with 1 warning sign 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 Furuno Electric Co (FNOEF), the current ROE % is 15.99% as of Feb. 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 Furuno Electric Co (FNOEF) Overvalued in 2026?

Based on GuruFocus' analysis, Furuno Electric Co stock appears to be overvalued. The current stock price of $41.99 is trading 118.4% above its estimated GF Value™ of $19.23.

Key valuation signals for FNOEF:

  • ROE %: 15.99% (112% above median its 10-year median of 7.54)
  • GF Value™: $19.23 vs. price of $41.99 (118.4% above fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 246.9% above the Hardware median (#211 of 2423)

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


Furuno Electric Co Business Description

Other Exchanges 6814:Japan
Address 9-52 Ashihara-cho, Hyogo Prefecture, Nishinomiya City, JPN
Furuno Electric Co Ltd is engaged in the business of producing marine related electronic equipment. The products portfolio includes fish sonar, GPS, Radar, Coastal monitoring system, Automatic identification system, Voyage data recorder, and satellite communications equipment.
80GF Score

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

$41.99
Price
$19.23
GF Value