Kowa CoFRA:49N 78 ROE % is 11.24% as of Feb. 2026, which is 52% below its 10-year median of 23.41. GuruFocus rates FRA:49N with a GF Score™ of 78/100 and a GF Value™ of €5.43. The stock has 2 warning signs investors should review. Among 424 Furnishings, Fixtures & Appliances companies, Kowa Co ranks better than 82.08% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kowa Co's annualized net income for the quarter that ended in Feb. 2026 was €2.05 Mil. Kowa Co's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was €18.26 Mil. Therefore, Kowa Co's annualized ROE % for the quarter that ended in Feb. 2026 was 11.24%.
The historical rank and industry rank for Kowa Co's ROE % or its related term are showing as below:
FRA:49N'
s ROE % Range Over the Past 10 Years
Min: -35.94 Med: 23.41 Max: 38.89
Current: 13.63
During the past 11 years, Kowa Co's highest ROE % was 38.89%. The lowest was -35.94%. And the median was 23.41%.
FRA:49N's ROE % is ranked better than 82.08% of 424
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.545
vs FRA:49N: 13.63
Kowa Co (FRA:49N) 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 two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
Kowa Co ROE % Related Terms
Kowa Co ROE % Historical Data
* Premium members only.
The historical data trend for Kowa 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.
For the Furnishings, Fixtures & Appliances subindustry, Kowa 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.
Kowa Co ROE % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kowa Co's ROE % distribution charts can be found below:
* The bar in red indicates where Kowa Co'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 two times the semi-annual (Feb. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Kowa Co (FRA:49N) has a ROE % of 11.24% 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 Kowa Co and its competitors. This is 52% below median its historical median of 23.41. According to the industry distribution chart, Kowa Co ranks #76 out of 424 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 17.9%.
Is Kowa Co's ROE % too high?
Kowa Co's current ROE % of 11.24% is 52% below median its 10-year median of 23.41. The Furnishings, Fixtures & Appliances industry median ROE % is 4.55. Kowa Co's value of 11.24% is 147.3% above this industry median. Based on the distribution chart, Kowa Co ranks #76 out of 424 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Kowa Co has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Kowa Co's ROE % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Kowa Co ranks #76 out of 424 companies for ROE %. This places Kowa Co in the top 18% of its industry — outperforming the majority of peers. The industry median ROE % is 4.55. Kowa Co's value of 11.24% is 147.3% above this benchmark. While the company's 10-year median is 23.41 vs. the industry median of 4.55, Kowa 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 Furnishings, Fixtures & Appliances company?
The median ROE % among Furnishings, Fixtures & Appliances companies is 4.55, based on 424 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. Kowa Co's current ROE % of 11.24% is 147.3% 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 Kowa Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROE % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kowa Co's current ROE % is 11.24%, which is 52% below median its own 10-year median of 23.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kowa Co stock overvalued right now?
Kowa Co (FRA:49N) has a current ROE % of 11.24%. The stock's GF Value™ is €5.43, compared to a current price of €4.10 — trading 24.5% below its estimated fair value. The current ROE % is 11.24%, which is 52% below median its 10-year median of 23.41 and 147.3% above the Furnishings, Fixtures & Appliances industry median of 4.55. Kowa Co's overall GF Score™ is 78/100 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 Kowa Co (FRA:49N), the current ROE % is 11.24% 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 Kowa Co (FRA:49N) Overvalued in 2026?
Based on GuruFocus' analysis, Kowa Co stock appears to be undervalued.
The current stock price of €4.10 is trading 24.5% below its estimated GF Value™ of €5.43.
Key valuation signals for FRA:49N:
ROE %: 11.24% (52% below median its 10-year median of 23.41)
GF Value™: €5.43 vs. price of €4.10 (24.5% below fair value)
Industry Position: 147.3% above the Furnishings, Fixtures & Appliances median (#76 of 424)
No single metric tells the full story. See the FRA:49N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kowa Co Ltd is a Japan-based company engaged in manufacture and sale of welfare equipment. The company is involved in the production and sales of welfare nursing care products including walking cars and walking aids or walk assistance carts, silver cars, handrails, walking canes, bath related products, toilet-related products and life-support products. It supplies its products mainly to chain stores, wholesale trading companies for welfare equipment, national welfare equipment lease companies, department stores, mail-order companies and others.
78GF Score
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