NCLTY (Nitori Holdings Co) ROE %: 6.03% (As of Mar. 2026) — 58% Below Median


NCLTY Nitori Holdings Co Ltd NCLTY
82 GF Score
Price $7.49
GF Value $10.95
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Nitori Holdings Co ROE %?

Nitori Holdings Co NCLTY +2.74% 82 ROE % is 6.03% as of Mar. 2026, which is 58% below its 10-year median of 14.28. GuruFocus rates NCLTY with a GF Score™ of 82/100 and a GF Value™ of $10.95 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 428 Furnishings, Fixtures & Appliances companies, Nitori Holdings Co ranks better than 71.5% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nitori Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was $376 Mil. Nitori Holdings Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $6,236 Mil. Therefore, Nitori Holdings Co's annualized ROE % for the quarter that ended in Mar. 2026 was 6.03%.

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

NCLTY' s ROE % Range Over the Past 10 Years
Min: 9.43   Med: 14.28   Max: 16.54
Current: 9.44

During the past 13 years, Nitori Holdings Co's highest ROE % was 16.54%. The lowest was 9.43%. And the median was 14.28%.

NCLTY's ROE % is ranked better than
71.5% of 428 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.545 vs NCLTY: 9.44

Nitori Holdings Co  (OTCPK:NCLTY) 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
=376.196/6236.481
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(376.196 / 5640.06)*(5640.06 / 10016.362)*(10016.362 / 6236.481)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.67 %*0.5631*1.6061
=ROA %*Equity Multiplier
=3.76 %*1.6061
=6.03 %

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
=376.196/6236.481
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (376.196 / 504.984) * (504.984 / 504.504) * (504.504 / 5640.06) * (5640.06 / 10016.362) * (10016.362 / 6236.481)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.745 * 1.001 * 8.95 % * 0.5631 * 1.6061
=6.03 %

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.


Nitori Holdings Co ROE % Related Terms


Nitori Holdings Co ROE % Historical Data

* Premium members only.

The historical data trend for Nitori Holdings 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.

Nitori Holdings Co ROE % Chart

Nitori Holdings Co Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.62 13.48 10.06 9.48 9.14

Nitori Holdings Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 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 5.48 11.64 6.63 13.27 6.03

NCLTY vs SN, SGI, MHK: ROE % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Nitori Holdings 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.


Nitori Holdings Co ROE % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nitori Holdings Co's ROE % distribution charts can be found below:

* The bar in red indicates where Nitori Holdings Co's ROE % falls into.


NCLTY
82GF Score
Nitori Holdings Co Ltd NCLTY
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nitori Holdings Co ROE % Calculation

Nitori Holdings 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 )
=562.569/( (6076.362+6229.772)/ 2 )
=562.569/6153.067
=9.14 %

Nitori Holdings 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 )
=376.196/( (6243.19+6229.772)/ 2 )
=376.196/6236.481
=6.03 %

* 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 6.03% mean?
Nitori Holdings Co (NCLTY) has a ROE % of 6.03% 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 Nitori Holdings Co and its competitors. This is 58% below median its historical median of 14.28. Over the past decade, Nitori Holdings Co's ROE % has ranged from 9.43 to 16.54. According to the industry distribution chart, Nitori Holdings Co ranks #122 out of 428 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 28.5%.
Is Nitori Holdings Co's ROE % too high?
Nitori Holdings Co's current ROE % of 6.03% is 58% below median its 10-year median of 14.28. Over the past 10 years, this metric has ranged from a low of 9.43 to a high of 16.54. The Furnishings, Fixtures & Appliances industry median ROE % is 4.55. Nitori Holdings Co's value of 6.03% is 32.7% above this industry median. Based on the distribution chart, Nitori Holdings Co ranks #122 out of 428 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Nitori Holdings Co has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nitori Holdings Co's ROE % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Nitori Holdings Co ranks #122 out of 428 companies for ROE %. This puts Nitori Holdings Co in the upper half of its industry. The industry median ROE % is 4.55. Nitori Holdings Co's value of 6.03% is 32.7% above this benchmark. Historically, Nitori Holdings Co's own ROE % has ranged from 9.43 to 16.54 over the past decade. While the company's 10-year median is 14.28 vs. the industry median of 4.55, Nitori Holdings 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 Furnishings, Fixtures & Appliances company?
The median ROE % among Furnishings, Fixtures & Appliances companies is 4.55, based on 428 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. Nitori Holdings Co's current ROE % of 6.03% is 32.7% 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 Nitori Holdings Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROE % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitori Holdings Co's current ROE % is 6.03%, which is 58% below median its own 10-year median of 14.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitori Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nitori Holdings Co (NCLTY) is currently considered Significantly Undervalued. The stock's GF Value™ is $10.95, compared to a current price of $7.49 — trading 31.6% below its estimated fair value. The current ROE % is 6.03%, which is 58% below median its 10-year median of 14.28 and 32.7% above the Furnishings, Fixtures & Appliances industry median of 4.55. Nitori Holdings Co's overall GF Score™ is 82/100 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 Nitori Holdings Co (NCLTY), the current ROE % is 6.03% 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 Nitori Holdings Co (NCLTY) Overvalued in 2026?

Based on GuruFocus' analysis, Nitori Holdings Co stock appears to be undervalued. The current stock price of $7.49 is trading 31.6% below its estimated GF Value™ of $10.95. GuruFocus considers Nitori Holdings Co to be Significantly Undervalued.

Key valuation signals for NCLTY:

  • ROE %: 6.03% (58% below median its 10-year median of 14.28)
  • GF Value™: $10.95 vs. price of $7.49 (31.6% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 32.7% above the Furnishings, Fixtures & Appliances median (#122 of 428)

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


Nitori Holdings Co Business Description

Other Exchanges NCLTF:USA9843:Japan
Address 6-20 Kamiya 3-chome, Kita-ku, Tokyo, JPN, 115-0043
Nitori Holdings Co Ltd is a Japan-based company engaged in the sale of furniture and interior goods. The company operates through two business segments. The Nitori Business segment is involved in the development, manufacturing, and sale of furniture and interior goods, along with activities such as real estate leasing, advertising, and logistics services. The Shimachu Business segment focuses on the sale of furniture, interior goods, and home center products. It generates the majority of its revenue from the Nitori Business segment.
82GF Score

Get the complete analysis for NCLTY

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

$7.49
Price
$10.95
GF Value