JPPMF (Japan Material Co) ROE %: 23.04% (As of Mar. 2026) — 14% Above Median


What is Japan Material Co ROE %?

Japan Material Co JPPMF 95 ROE % is 23.04% as of Mar. 2026, which is 14% above its 10-year median of 20.22. GuruFocus rates JPPMF with a GF Score™ of 95/100. The stock has 7 warning signs investors should review. Among 1,743 Construction companies, Japan Material Co ranks better than 82.5% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Japan Material Co's annualized net income for the quarter that ended in Mar. 2026 was 円13,984.00 Mil. Japan Material Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円60,686.50 Mil. Therefore, Japan Material Co's annualized ROE % for the quarter that ended in Mar. 2026 was 23.04%.

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

JPPMF' s ROE % Range Over the Past 10 Years
Min: 12.47   Med: 20.22   Max: 26.52
Current: 18.6

During the past 13 years, Japan Material Co's highest ROE % was 26.52%. The lowest was 12.47%. And the median was 20.22%.

JPPMF's ROE % is ranked better than
82.5% of 1743 companies
in the Construction industry
Industry Median: 6.69 vs JPPMF: 18.60

Japan Material Co  (OTCPK:JPPMF) 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
=13984/60686.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(13984 / 64976)*(64976 / 72469)*(72469 / 60686.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.52 %*0.8966*1.1942
=ROA %*Equity Multiplier
=19.29 %*1.1942
=23.04 %

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
=13984/60686.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (13984 / 19092) * (19092 / 18548) * (18548 / 64976) * (64976 / 72469) * (72469 / 60686.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7325 * 1.0293 * 28.55 % * 0.8966 * 1.1942
=23.04 %

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.


Japan Material Co ROE % Related Terms


Japan Material Co ROE % Historical Data

* Premium members only.

The historical data trend for Japan Material 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.

Japan Material Co ROE % Chart

Japan Material Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.53 19.58 12.47 15.48 18.14

Japan Material 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 22.88 15.89 15.82 19.57 23.04

JPPMF vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, Japan Material 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.


Japan Material Co ROE % vs Construction Industry

For the Construction industry and Industrials sector, Japan Material Co's ROE % distribution charts can be found below:

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



Japan Material Co ROE % Calculation

Japan Material Co'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 )
=10592/( (54128+62643)/ 2 )
=10592/58385.5
=18.14 %

Japan Material Co'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 )
=13984/( (58730+62643)/ 2 )
=13984/60686.5
=23.04 %

* 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 23.04% mean?
Japan Material Co (JPPMF) has a ROE % of 23.04% 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 Japan Material Co and its competitors. This is 14% above median its historical median of 20.22. Over the past decade, Japan Material Co's ROE % has ranged from 12.47 to 26.52. According to the industry distribution chart, Japan Material Co ranks #305 out of 1743 companies in the Construction industry, placing it in the top 17.5%.
Is Japan Material Co's ROE % too high?
Japan Material Co's current ROE % of 23.04% is 14% above median its 10-year median of 20.22. Over the past 10 years, this metric has ranged from a low of 12.47 to a high of 26.52. The Construction industry median ROE % is 6.69. Japan Material Co's value of 23.04% is 244.4% above this industry median. Based on the distribution chart, Japan Material Co ranks #305 out of 1743 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Material Co has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Japan Material Co's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Japan Material Co ranks #305 out of 1743 companies for ROE %. This places Japan Material Co in the top 18% of its industry — outperforming the majority of peers. The industry median ROE % is 6.69. Japan Material Co's value of 23.04% is 244.4% above this benchmark. Historically, Japan Material Co's own ROE % has ranged from 12.47 to 26.52 over the past decade. While the company's 10-year median is 20.22 vs. the industry median of 6.69, Japan Material 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 Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 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. Japan Material Co's current ROE % of 23.04% is 244.4% 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 Japan Material Co and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Material Co's current ROE % is 23.04%, which is 14% above median its own 10-year median of 20.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Material Co stock overvalued right now?
Japan Material Co (JPPMF) has a current ROE % of 23.04%. The current ROE % is 23.04%, which is 14% above median its 10-year median of 20.22 and 244.4% above the Construction industry median of 6.69. Japan Material Co's overall GF Score™ is 95/100 with 7 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 Japan Material Co (JPPMF), the current ROE % is 23.04% 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.

Japan Material Co Business Description

Other Exchanges 6055:Japan
Address 3098 No. 22 Nagai Komono County, Komono-cho, Mie-gun, Mie, JPN
Japan Material Co Ltd is engaged in manufacturing specialty gas supply devices and providing piping work and other related services. The company operates through two segments namely Electronics and Graphics solutions. Its Electronics segment is involved in the development, manufacture, and sale of gas supply systems for semiconductors and liquid crystal production, and various maintenance services. The Graphics solutions segment import, plan, market, and support multi-monitor compatible graphics products for various systems.