Kokusai Electric (FRA:69B) ROE %: 13.44% (As of Mar. 2026) — 28% Below Median


FRA:69B Kokusai Electric Corp FRA:69B
32 GF Score
Price €54.50
GF Value €22.90
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kokusai Electric ROE %?

Kokusai Electric FRA:69B +9.88% 32 ROE % is 13.44% as of Mar. 2026, which is 28% below its 10-year median of 18.77. GuruFocus rates FRA:69B with a GF Score™ of 32/100 and a GF Value™ of €22.90 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,004 Semiconductors companies, Kokusai Electric ranks better than 77.49% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kokusai Electric's annualized net income for the quarter that ended in Mar. 2026 was €159 Mil. Kokusai Electric's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €1,181 Mil. Therefore, Kokusai Electric's annualized ROE % for the quarter that ended in Mar. 2026 was 13.44%.

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

FRA:69B' s ROE % Range Over the Past 10 Years
Min: 12.85   Med: 18.77   Max: 42.95
Current: 14.53

During the past 5 years, Kokusai Electric's highest ROE % was 42.95%. The lowest was 12.85%. And the median was 18.77%.

FRA:69B's ROE % is ranked better than
77.49% of 1004 companies
in the Semiconductors industry
Industry Median: 4.55 vs FRA:69B: 14.53

Kokusai Electric  (FRA:69B) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=158.672/1180.5445
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(158.672 / 1352.34)*(1352.34 / 1944.5765)*(1944.5765 / 1180.5445)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.73 %*0.6954*1.6472
=ROA %*Equity Multiplier
=8.16 %*1.6472
=13.44 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=158.672/1180.5445
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (158.672 / 199.84) * (199.84 / 203.152) * (203.152 / 1352.34) * (1352.34 / 1944.5765) * (1944.5765 / 1180.5445)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.794 * 0.9837 * 15.02 % * 0.6954 * 1.6472
=13.44 %

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


Kokusai Electric ROE % Related Terms


Kokusai Electric ROE % Historical Data

* Premium members only.

The historical data trend for Kokusai Electric'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.

Kokusai Electric ROE % Chart

Kokusai Electric Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
42.95 27.62 12.08 18.87 13.60

Kokusai Electric Quarterly Data
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 20.71 13.49 16.91 13.45 13.44

FRA:69B vs LRCX, AMAT, KLAC: ROE % Comparison

For the Semiconductor Equipment & Materials subindustry, Kokusai Electric'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.


Kokusai Electric ROE % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Kokusai Electric's ROE % distribution charts can be found below:

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


FRA:69B
32GF Score
Kokusai Electric Corp FRA:69B
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kokusai Electric ROE % Calculation

Kokusai Electric's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=164.074/( (1217.351+1195.269)/ 2 )
=164.074/1206.31
=13.60 %

Kokusai Electric's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=158.672/( (1165.82+1195.269)/ 2 )
=158.672/1180.5445
=13.44 %

* 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 (Mar. 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 13.44% mean?
Kokusai Electric (FRA:69B) has a ROE % of 13.44% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Kokusai Electric and its competitors. This is 28% below median its historical median of 18.77. Over the past decade, Kokusai Electric's ROE % has ranged from 12.85 to 42.95. According to the industry distribution chart, Kokusai Electric ranks #226 out of 1004 companies in the Semiconductors industry, placing it in the top 22.5%.
Is Kokusai Electric's ROE % too high?
Kokusai Electric's current ROE % of 13.44% is 28% below median its 10-year median of 18.77. Over the past 10 years, this metric has ranged from a low of 12.85 to a high of 42.95. The Semiconductors industry median ROE % is 4.55. Kokusai Electric's value of 13.44% is 195.4% above this industry median. Based on the distribution chart, Kokusai Electric ranks #226 out of 1004 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Kokusai Electric has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kokusai Electric's ROE % compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Kokusai Electric ranks #226 out of 1004 companies for ROE %. This places Kokusai Electric in the top 23% of its industry — outperforming the majority of peers. The industry median ROE % is 4.55. Kokusai Electric's value of 13.44% is 195.4% above this benchmark. Historically, Kokusai Electric's own ROE % has ranged from 12.85 to 42.95 over the past decade. While the company's 10-year median is 18.77 vs. the industry median of 4.55, Kokusai Electric 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 Semiconductors company?
The median ROE % among Semiconductors companies is 4.55, based on 1,004 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. Kokusai Electric's current ROE % of 13.44% is 195.4% 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 Kokusai Electric and its competitors. For the Semiconductors industry, the median ROE % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kokusai Electric's current ROE % is 13.44%, which is 28% below median its own 10-year median of 18.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kokusai Electric stock overvalued right now?
Based on GuruFocus' analysis, Kokusai Electric (FRA:69B) is currently considered Significantly Overvalued. The stock's GF Value™ is €22.90, compared to a current price of €54.50 — trading 138% above its estimated fair value. The current ROE % is 13.44%, which is 28% below median its 10-year median of 18.77 and 195.4% above the Semiconductors industry median of 4.55. Kokusai Electric's overall GF Score™ is 32/100 with 5 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 Kokusai Electric (FRA:69B), the current ROE % is 13.44% 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 Kokusai Electric (FRA:69B) Overvalued in 2026?

Based on GuruFocus' analysis, Kokusai Electric stock appears to be overvalued. The current stock price of €54.50 is trading 138% above its estimated GF Value™ of €22.90. GuruFocus considers Kokusai Electric to be Significantly Overvalued.

Key valuation signals for FRA:69B:

  • ROE %: 13.44% (28% below median its 10-year median of 18.77)
  • GF Value™: €22.90 vs. price of €54.50 (138% above fair value)
  • GF Score™: 32/100 with 5 warning signs
  • Industry Position: 195.4% above the Semiconductors median (#226 of 1004)

No single metric tells the full story. See the FRA:69B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kokusai Electric Business Description

Address 3-4 Kanda Kajicho, 5th Floor, Oak Kanda Kajicho, Chiyoda-ku, Tokyo, JPN, 101-0045
Kokusai Electric Corp is engaged in the semiconductor manufacturing equipment business. The company operates as a single business segment focused on the development, manufacture, and supply of semiconductor production equipment used in the fabrication of electronic components. The main products include batch film deposition equipment, treatment equipment for film quality improvement, units for measuring instruments and cleaning equipment, and others.
32GF Score

Get the complete analysis for FRA:69B

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

€54.50
Price
€22.90
GF Value