Trend MicroMEX:4704N 79 ROE % is 38.15% as of Mar. 2026, which is 154% above its 10-year median of 15.04. GuruFocus rates MEX:4704N with a GF Score™ of 79/100 and a GF Value™ of MXN1,797.92. The stock has 2 warning signs investors should review. Among 2,682 Software companies, Trend Micro ranks better than 90.79% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Trend Micro's annualized net income for the quarter that ended in Mar. 2026 was MXN5,352 Mil. Trend Micro's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was MXN14,031 Mil. Therefore, Trend Micro's annualized ROE % for the quarter that ended in Mar. 2026 was 38.15%.
The historical rank and industry rank for Trend Micro's ROE % or its related term are showing as below:
MEX:4704N'
s ROE % Range Over the Past 10 Years
Min: 4.84 Med: 15.04 Max: 31.89
Current: 31.89
During the past 13 years, Trend Micro's highest ROE % was 31.89%. The lowest was 4.84%. And the median was 15.04%.
MEX:4704N's ROE % is ranked better than 90.79% of 2682
companies
in the Software industry
Industry Median: 4.72
vs MEX:4704N: 31.89
Trend Micro (MEX:4704N) 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 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.
Trend Micro ROE % Related Terms
Trend Micro ROE % Historical Data
* Premium members only.
The historical data trend for Trend Micro'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 Software - Infrastructure subindustry, Trend Micro'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.
Trend Micro ROE % vs Software Industry
For the Software industry and Technology sector, Trend Micro's ROE % distribution charts can be found below:
* The bar in red indicates where Trend Micro'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 four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Trend Micro (MEX:4704N) has a ROE % of 38.15% 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 Trend Micro and its competitors. This is 154% above median its historical median of 15.04. Over the past decade, Trend Micro's ROE % has ranged from 4.84 to 31.89. According to the industry distribution chart, Trend Micro ranks #247 out of 2682 companies in the Software industry, placing it in the top 9.2%.
Is Trend Micro's ROE % too high?
Trend Micro's current ROE % of 38.15% is 154% above median its 10-year median of 15.04. Over the past 10 years, this metric has ranged from a low of 4.84 to a high of 31.89. The Software industry median ROE % is 4.72. Trend Micro's value of 38.15% is 708.3% above this industry median. Based on the distribution chart, Trend Micro ranks #247 out of 2682 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Trend Micro has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Trend Micro's ROE % compare to MSFT and ORCL?
According to the Software industry distribution chart, Trend Micro ranks #247 out of 2682 companies for ROE %. This places Trend Micro in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 4.72. Trend Micro's value of 38.15% is 708.3% above this benchmark. Historically, Trend Micro's own ROE % has ranged from 4.84 to 31.89 over the past decade. While the company's 10-year median is 15.04 vs. the industry median of 4.72, Trend Micro 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 Software company?
The median ROE % among Software companies is 4.72, based on 2,682 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. Trend Micro's current ROE % of 38.15% is 708.3% 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 Trend Micro and its competitors. For the Software industry, the median ROE % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trend Micro's current ROE % is 38.15%, which is 154% above median its own 10-year median of 15.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trend Micro stock overvalued right now?
Trend Micro (MEX:4704N) has a current ROE % of 38.15%. The stock's GF Value™ is MXN1,797.92, compared to a current price of MXN1,120.16 — trading 37.7% below its estimated fair value. The current ROE % is 38.15%, which is 154% above median its 10-year median of 15.04 and 708.3% above the Software industry median of 4.72. Trend Micro's overall GF Score™ is 79/100 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 Trend Micro (MEX:4704N), the current ROE % is 38.15% 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 Trend Micro (MEX:4704N) Overvalued in 2026?
Based on GuruFocus' analysis, Trend Micro stock appears to be undervalued.
The current stock price of MXN1,120.16 is trading 37.7% below its estimated GF Value™ of MXN1,797.92.
Key valuation signals for MEX:4704N:
ROE %: 38.15% (154% above median its 10-year median of 15.04)
GF Value™: MXN1,797.92 vs. price of MXN1,120.16 (37.7% below fair value)
Industry Position: 708.3% above the Software median (#247 of 2682)
No single metric tells the full story. See the MEX:4704N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trend Micro Inc provides antivirus and other security products that protect the flow of information on PCs, file servers, e-mail servers, and the Internet gateway. The company operates through four geographic segments: Japan, North America, Europe, and Asia-Pacific.
79GF Score
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