Micronics Japan Co (FRA:MJ3) ROE %: 31.56% (As of Dec. 2025) — 200% Above Median


FRA:MJ3 Micronics Japan Co Ltd FRA:MJ3
85 GF Score
Price €95.50
GF Value €36.77
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Micronics Japan Co ROE %?

Micronics Japan Co FRA:MJ3 +9.77% 85 ROE % is 31.56% as of Dec. 2025, which is 200% above its 10-year median of 10.53. GuruFocus rates FRA:MJ3 with a GF Score™ of 85/100 and a GF Value™ of €36.77 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,004 Semiconductors companies, Micronics Japan Co ranks better than 89.94% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Micronics Japan Co's annualized net income for the quarter that ended in Dec. 2025 was €109.1 Mil. Micronics Japan Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €345.6 Mil. Therefore, Micronics Japan Co's annualized ROE % for the quarter that ended in Dec. 2025 was 31.56%.

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

FRA:MJ3' s ROE % Range Over the Past 10 Years
Min: 2.36   Med: 10.53   Max: 28.66
Current: 24.87

During the past 13 years, Micronics Japan Co's highest ROE % was 28.66%. The lowest was 2.36%. And the median was 10.53%.

FRA:MJ3's ROE % is ranked better than
89.94% of 1004 companies
in the Semiconductors industry
Industry Median: 4.55 vs FRA:MJ3: 24.87

Micronics Japan Co  (FRA:MJ3) 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
=109.088/345.5985
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(109.088 / 432.952)*(432.952 / 520.8795)*(520.8795 / 345.5985)
=Net Margin %*Asset Turnover*Equity Multiplier
=25.2 %*0.8312*1.5072
=ROA %*Equity Multiplier
=20.95 %*1.5072
=31.56 %

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
=109.088/345.5985
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (109.088 / 119.076) * (119.076 / 114.828) * (114.828 / 432.952) * (432.952 / 520.8795) * (520.8795 / 345.5985)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9161 * 1.037 * 26.52 % * 0.8312 * 1.5072
=31.56 %

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.


Micronics Japan Co ROE % Related Terms


Micronics Japan Co ROE % Historical Data

* Premium members only.

The historical data trend for Micronics Japan 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.

Micronics Japan Co ROE % Chart

Micronics Japan Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.21 28.25 19.98 9.87 19.17

Micronics Japan 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 13.70 24.40 16.60 31.56 25.03

FRA:MJ3 vs LRCX, AMAT, KLAC: ROE % Comparison

For the Semiconductor Equipment & Materials subindustry, Micronics Japan 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.


Micronics Japan Co ROE % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micronics Japan Co's ROE % distribution charts can be found below:

* The bar in red indicates where Micronics Japan Co's ROE % falls into.


FRA:MJ3
85GF Score
Micronics Japan Co Ltd FRA:MJ3
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Micronics Japan Co ROE % Calculation

Micronics Japan Co's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=54.706/( (262.398+308.229)/ 2 )
=54.706/285.3135
=19.17 %

Micronics Japan 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 )
=109.088/( (329.413+361.784)/ 2 )
=109.088/345.5985
=31.56 %

* 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 31.56% mean?
Micronics Japan Co (FRA:MJ3) has a ROE % of 31.56% 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 Micronics Japan Co and its competitors. This is 200% above median its historical median of 10.53. Over the past decade, Micronics Japan Co's ROE % has ranged from 2.36 to 28.66. According to the industry distribution chart, Micronics Japan Co ranks #101 out of 1004 companies in the Semiconductors industry, placing it in the top 10.1%.
Is Micronics Japan Co's ROE % too high?
Micronics Japan Co's current ROE % of 31.56% is 200% above median its 10-year median of 10.53. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 28.66. The Semiconductors industry median ROE % is 4.55. Micronics Japan Co's value of 31.56% is 593.6% above this industry median. Based on the distribution chart, Micronics Japan Co ranks #101 out of 1004 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Micronics Japan Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micronics Japan Co's ROE % compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Micronics Japan Co ranks #101 out of 1004 companies for ROE %. This places Micronics Japan Co in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 4.55. Micronics Japan Co's value of 31.56% is 593.6% above this benchmark. Historically, Micronics Japan Co's own ROE % has ranged from 2.36 to 28.66 over the past decade. While the company's 10-year median is 10.53 vs. the industry median of 4.55, Micronics Japan 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 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. Micronics Japan Co's current ROE % of 31.56% is 593.6% 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 Micronics Japan Co 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. Micronics Japan Co's current ROE % is 31.56%, which is 200% above median its own 10-year median of 10.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micronics Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Micronics Japan Co (FRA:MJ3) is currently considered Significantly Overvalued. The stock's GF Value™ is €36.77, compared to a current price of €95.50 — trading 159.7% above its estimated fair value. The current ROE % is 31.56%, which is 200% above median its 10-year median of 10.53 and 593.6% above the Semiconductors industry median of 4.55. Micronics Japan Co's overall GF Score™ is 85/100 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 Micronics Japan Co (FRA:MJ3), the current ROE % is 31.56% 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 Micronics Japan Co (FRA:MJ3) Overvalued in 2026?

Based on GuruFocus' analysis, Micronics Japan Co stock appears to be overvalued. The current stock price of €95.50 is trading 159.7% above its estimated GF Value™ of €36.77. GuruFocus considers Micronics Japan Co to be Significantly Overvalued.

Key valuation signals for FRA:MJ3:

  • ROE %: 31.56% (200% above median its 10-year median of 10.53)
  • GF Value™: €36.77 vs. price of €95.50 (159.7% above fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 593.6% above the Semiconductors median (#101 of 1004)

No single metric tells the full story. See the FRA:MJ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micronics Japan Co Business Description

Address 2-6-8 Kichijoji Hon-cho, Musashino-shi, Tokyo, JPN, 180 8508
Micronics Japan Co Ltd is a Japanese company which is engaged in manufacturing of semiconductor and related products. It mainly produces probe cards for testing the electrical properties of wafers, testing equipment and test sockets for property testing after packaging, and a wafer prober, which is used for evaluation and analysis of devices. The company also offers products such as array probers, which are used for testing the electrical properties of flat panel displays (FDP), automated optical inspection equipment used for the display inspection of panels, and probe units that send electrical signals to test panels. Its product portfolio includes probe cards, package probe, semiconductor test equipment, automated optical inspection equipment, probe units, and FDP prober products.
85GF Score

Get the complete analysis for FRA:MJ3

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

€95.50
Price
€36.77
GF Value