Shizuoka Gas Co (FRA:1KS) ROE %: 2.47% (As of Dec. 2025) — 64% Below Median

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FRA:1KS Shizuoka Gas Co Ltd FRA:1KS
76 GF Score
Price €6.45
GF Value €5.33
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Shizuoka Gas Co ROE %?

Shizuoka Gas Co FRA:1KS 76 ROE % is 2.47% as of Dec. 2025, which is 64% below its 10-year median of 6.94. GuruFocus rates FRA:1KS with a GF Score™ of 76/100 and a GF Value™ of €5.33 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 503 Utilities - Regulated companies, Shizuoka Gas Co ranks worse than 52.68% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shizuoka Gas Co's annualized net income for the quarter that ended in Dec. 2025 was €18 Mil. Shizuoka Gas Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €727 Mil. Therefore, Shizuoka Gas Co's annualized ROE % for the quarter that ended in Dec. 2025 was 2.47%.

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

FRA:1KS' s ROE % Range Over the Past 10 Years
Min: 4.35   Med: 6.94   Max: 14.08
Current: 8.33

During the past 13 years, Shizuoka Gas Co's highest ROE % was 14.08%. The lowest was 4.35%. And the median was 6.94%.

FRA:1KS's ROE % is ranked worse than
52.68% of 503 companies
in the Utilities - Regulated industry
Industry Median: 8.69 vs FRA:1KS: 8.33

Shizuoka Gas Co  (FRA:1KS) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=17.944/727.221
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(17.944 / 1095.664)*(1095.664 / 1061.448)*(1061.448 / 727.221)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.64 %*1.0322*1.4596
=ROA %*Equity Multiplier
=1.69 %*1.4596
=2.47 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=17.944/727.221
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (17.944 / 31.176) * (31.176 / 25.044) * (25.044 / 1095.664) * (1095.664 / 1061.448) * (1061.448 / 727.221)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5756 * 1.2448 * 2.29 % * 1.0322 * 1.4596
=2.47 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Shizuoka Gas Co ROE % Related Terms


Shizuoka Gas Co ROE % Historical Data

* Premium members only.

The historical data trend for Shizuoka Gas 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.

Shizuoka Gas Co ROE % Chart

Shizuoka Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.84 6.33 13.46 7.69 7.58

Shizuoka Gas Co 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 10.08 12.04 7.78 2.47 10.74

FRA:1KS vs ATO, NI: ROE % Comparison

For the Utilities - Regulated Gas subindustry, Shizuoka Gas 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.


Shizuoka Gas Co ROE % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shizuoka Gas Co's ROE % distribution charts can be found below:

* The bar in red indicates where Shizuoka Gas Co's ROE % falls into.


FRA:1KS
76GF Score
Shizuoka Gas Co Ltd FRA:1KS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shizuoka Gas Co ROE % Calculation

Shizuoka Gas Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=55.036/( (733.661+719.268)/ 2 )
=55.036/726.4645
=7.58 %

Shizuoka Gas Co's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=17.944/( (735.174+719.268)/ 2 )
=17.944/727.221
=2.47 %

* 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 (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 2.47% mean?
Shizuoka Gas Co (FRA:1KS) has a ROE % of 2.47% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Shizuoka Gas Co and its competitors. This is 64% below median its historical median of 6.94. Over the past decade, Shizuoka Gas Co's ROE % has ranged from 4.35 to 14.08. According to the industry distribution chart, Shizuoka Gas Co ranks #265 out of 503 companies in the Utilities - Regulated industry, placing it in the top 52.7%.
Is Shizuoka Gas Co's ROE % too high?
Shizuoka Gas Co's current ROE % of 2.47% is 64% below median its 10-year median of 6.94. Over the past 10 years, this metric has ranged from a low of 4.35 to a high of 14.08. The Utilities - Regulated industry median ROE % is 8.69. Shizuoka Gas Co's value of 2.47% is 71.6% below this industry median. Based on the distribution chart, Shizuoka Gas Co ranks #265 out of 503 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Shizuoka Gas Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shizuoka Gas Co's ROE % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shizuoka Gas Co ranks #265 out of 503 companies for ROE %. This places Shizuoka Gas Co in the lower half of its industry. The industry median ROE % is 8.69. Shizuoka Gas Co's value of 2.47% is 71.6% below this benchmark. Historically, Shizuoka Gas Co's own ROE % has ranged from 4.35 to 14.08 over the past decade. While the company's 10-year median is 6.94 vs. the industry median of 8.69, Shizuoka Gas Co has consistently been below 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 Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.69, based on 503 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. Shizuoka Gas Co's current ROE % of 2.47% is 71.6% below 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 Shizuoka Gas Co and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shizuoka Gas Co's current ROE % is 2.47%, which is 64% below median its own 10-year median of 6.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shizuoka Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shizuoka Gas Co (FRA:1KS) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.33, compared to a current price of €6.45 — trading 21% above its estimated fair value. The current ROE % is 2.47%, which is 64% below median its 10-year median of 6.94 and 71.6% below the Utilities - Regulated industry median of 8.69. Shizuoka Gas Co's overall GF Score™ is 76/100 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 Shizuoka Gas Co (FRA:1KS), the current ROE % is 2.47% as of Dec. 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 Shizuoka Gas Co (FRA:1KS) Overvalued in 2026?

Based on GuruFocus' analysis, Shizuoka Gas Co stock appears to be overvalued. The current stock price of €6.45 is trading 21% above its estimated GF Value™ of €5.33. GuruFocus considers Shizuoka Gas Co to be Modestly Overvalued.

Key valuation signals for FRA:1KS:

  • ROE %: 2.47% (64% below median its 10-year median of 6.94)
  • GF Value™: €5.33 vs. price of €6.45 (21% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 71.6% below the Utilities - Regulated median (#265 of 503)

No single metric tells the full story. See the FRA:1KS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shizuoka Gas Co Business Description

Other Exchanges 9543:Japan
Address 1-5-38 Yahata, Suruga-ku, Shizuoka, JPN, 422-8688
Shizuoka Gas Co Ltd is engaged in production, supply and sale of City gas, sale of Gas Appliances, and contract for Gas related construction work.
76GF Score

Get the complete analysis for FRA:1KS

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

€6.45
Price
€5.33
GF Value