VLC Holdings Co (NGO:2467) ROE %: -29.51% (As of Mar. 2026)


NGO:2467 VLC Holdings Co Ltd NGO:2467
51 GF Score
Price 円225.00
GF Value 円141.64
Valuation Significantly Overvalued
! 5 Warning Signs
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What is VLC Holdings Co ROE %?

VLC Holdings Co NGO:2467 -3.43% 51 ROE % is -29.51% as of Mar. 2026. GuruFocus rates NGO:2467 with a GF Score™ of 51/100 and a GF Value™ of 円141.64 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,681 Software companies, VLC Holdings Co ranks worse than 87.73% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. VLC Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was 円-243 Mil. VLC Holdings Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円825 Mil. Therefore, VLC Holdings Co's annualized ROE % for the quarter that ended in Mar. 2026 was -29.51%.

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

NGO:2467' s ROE % Range Over the Past 10 Years
Min: -264.11   Med: -18.57   Max: 134.98
Current: -52.9

During the past 13 years, VLC Holdings Co's highest ROE % was 134.98%. The lowest was -264.11%. And the median was -18.57%.

NGO:2467's ROE % is ranked worse than
87.73% of 2681 companies
in the Software industry
Industry Median: 4.71 vs NGO:2467: -52.90

VLC Holdings Co  (NGO:2467) 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
=-243.38/824.722
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-243.38 / 1507.628)*(1507.628 / 1530.5265)*(1530.5265 / 824.722)
=Net Margin %*Asset Turnover*Equity Multiplier
=-16.14 %*0.985*1.8558
=ROA %*Equity Multiplier
=-15.9 %*1.8558
=-29.51 %

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
=-243.38/824.722
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-243.38 / -446.464) * (-446.464 / -278.296) * (-278.296 / 1507.628) * (1507.628 / 1530.5265) * (1530.5265 / 824.722)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5451 * 1.6043 * -18.46 % * 0.985 * 1.8558
=-29.51 %

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.


VLC Holdings Co ROE % Related Terms


VLC Holdings Co ROE % Historical Data

* Premium members only.

The historical data trend for VLC 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.

VLC Holdings Co ROE % Chart

VLC Holdings 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 15.57 14.91 -69.03 134.98 -68.84

VLC Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -11.52 243.47 -32.81 -65.83 -29.51

NGO:2467 vs IBM, ACN, FISV: ROE % Comparison

For the Information Technology Services subindustry, VLC 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.


VLC Holdings Co ROE % vs Software Industry

For the Software industry and Technology sector, VLC Holdings Co's ROE % distribution charts can be found below:

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


NGO:2467
51GF Score
VLC Holdings Co Ltd NGO:2467
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VLC Holdings Co ROE % Calculation

VLC 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 )
=-385.418/( (536.339+583.399)/ 2 )
=-385.418/559.869
=-68.84 %

VLC 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: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-243.38/( (1066.045+583.399)/ 2 )
=-243.38/824.722
=-29.51 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -29.51% mean?
VLC Holdings Co (NGO:2467) has a ROE % of -29.51% 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 VLC Holdings Co and its competitors. According to the industry distribution chart, VLC Holdings Co ranks #2352 out of 2681 companies in the Software industry, placing it in the top 87.7%.
Is VLC Holdings Co's ROE % too high?
VLC Holdings Co's current ROE % is -29.51%. Based on the distribution chart, VLC Holdings Co ranks #2352 out of 2681 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, VLC Holdings Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VLC Holdings Co's ROE % compare to IBM and ACN?
According to the Software industry distribution chart, VLC Holdings Co ranks #2352 out of 2681 companies for ROE %. This places VLC Holdings Co in the lower half of its industry. The industry median ROE % is 4.71. 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 4.71, based on 2,681 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. 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 VLC Holdings Co and its competitors. For the Software industry, the median ROE % is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VLC Holdings Co's current ROE % is -29.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VLC Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, VLC Holdings Co (NGO:2467) is currently considered Significantly Overvalued. The stock's GF Value™ is 円141.64, compared to a current price of 円225.00 — trading 58.9% above its estimated fair value. The current ROE % is -29.51%. VLC Holdings Co's overall GF Score™ is 51/100 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 VLC Holdings Co (NGO:2467), the current ROE % is -29.51% 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 VLC Holdings Co (NGO:2467) Overvalued in 2026?

Based on GuruFocus' analysis, VLC Holdings Co stock appears to be overvalued. The current stock price of 円225.00 is trading 58.9% above its estimated GF Value™ of 円141.64. GuruFocus considers VLC Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:2467:

  • ROE %: -29.51%
  • GF Value™: 円141.64 vs. price of 円225.00 (58.9% above fair value)
  • GF Score™: 51/100 with 5 warning signs

No single metric tells the full story. See the NGO:2467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VLC Holdings Co Business Description

Address No. 2, No. 2, Chuo-ku Nihombashi Bashoku-cho, Asahi Mutual Life Insurance Building, Chuo-ku, Tokyo, JPN, 103-0002
VLC Holdings Co Ltd provides consultancy services. It also offers compliance management, internet marketing research and other survey services. Its consulting business includes information security, marketing research through internet and sales promotion. It provides other services related to cybersecurity products.
51GF Score

Get the complete analysis for NGO:2467

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

円225.00
Price
円141.64
GF Value