Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Business One HoldingsFSE:4827 +0.25%77 ROE % is 10.66% as of Mar. 2026, which is 34% below its 10-year median of 16.05. GuruFocus rates FSE:4827 with a GF Score™ of 77/100 and a GF Value™ of 円916.54 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,731 Real Estate companies, Business One Holdings ranks better than 84% on this metric.
The historical rank and industry rank for Business One Holdings's ROE % or its related term are showing as below:
FSE:4827'
s ROE % Range Over the Past 10 Years
Min: 14.26 Med: 16.05 Max: 22.89
Current: 14.26
During the past 13 years, Business One Holdings's highest ROE % was 22.89%. The lowest was 14.26%. And the median was 16.05%.
FSE:4827's ROE % is ranked better than 84% of 1731
companies
in the Real Estate industry
Industry Median: 4
vs FSE:4827: 14.26
Business One Holdings (FSE:4827) 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 (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
* 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 Real Estate Services subindustry, Business One Holdings'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.
Business One Holdings ROE % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Business One Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where Business One Holdings'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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Business One Holdings (FSE:4827) has a ROE % of 10.66% 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 Business One Holdings and its competitors. This is 34% below median its historical median of 16.05. Over the past decade, Business One Holdings' ROE % has ranged from 14.26 to 22.89. According to the industry distribution chart, Business One Holdings ranks #277 out of 1731 companies in the Real Estate industry, placing it in the top 16%.
Is Business One Holdings' ROE % too high?
Business One Holdings' current ROE % of 10.66% is 34% below median its 10-year median of 16.05. Over the past 10 years, this metric has ranged from a low of 14.26 to a high of 22.89. The Real Estate industry median ROE % is 4.00. Business One Holdings' value of 10.66% is 166.5% above this industry median. Based on the distribution chart, Business One Holdings ranks #277 out of 1731 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Business One Holdings has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Business One Holdings' ROE % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Business One Holdings ranks #277 out of 1731 companies for ROE %. This places Business One Holdings in the top 16% of its industry — outperforming the majority of peers. The industry median ROE % is 4.00. Business One Holdings' value of 10.66% is 166.5% above this benchmark. Historically, Business One Holdings' own ROE % has ranged from 14.26 to 22.89 over the past decade. While the company's 10-year median is 16.05 vs. the industry median of 4.00, Business One Holdings 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 Real Estate company?
The median ROE % among Real Estate companies is 4.00, based on 1,731 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. Business One Holdings's current ROE % of 10.66% is 166.5% 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 Business One Holdings and its competitors. For the Real Estate industry, the median ROE % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Business One Holdings's current ROE % is 10.66%, which is 34% below median its own 10-year median of 16.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Business One Holdings stock overvalued right now?
Based on GuruFocus' analysis, Business One Holdings (FSE:4827) is currently considered Modestly Undervalued. The stock's GF Value™ is 円916.54, compared to a current price of 円802.00 — trading 12.5% below its estimated fair value. The current ROE % is 10.66%, which is 34% below median its 10-year median of 16.05 and 166.5% above the Real Estate industry median of 4.00. Business One Holdings' overall GF Score™ is 77/100 with 4 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 Business One Holdings (FSE:4827), the current ROE % is 10.66% 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 Business One Holdings (FSE:4827) Overvalued in 2026?
Based on GuruFocus' analysis, Business One Holdings stock appears to be undervalued.
The current stock price of 円802.00 is trading 12.5% below its estimated GF Value™ of 円916.54.
GuruFocus considers Business One Holdings to be Modestly Undervalued.
Key valuation signals for FSE:4827:
ROE %: 10.66% (34% below median its 10-year median of 16.05)
GF Value™: 円916.54 vs. price of 円802.00 (12.5% below fair value)
Industry Position: 166.5% above the Real Estate median (#277 of 1731)
No single metric tells the full story. See the FSE:4827 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Business One Holdings Inc provides real estate management services for condominiums. The company purchases and sells real estate properties; and develops and sells software products. It also has leasing management business, finance business, software business, health business. It develops and sells evaluation software for plumbing and electrical contractors.
77GF Score
Get the complete analysis for FSE:4827
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FSE:4827 has been successfully added to your 
