Cross PlusNGO:3320 61 ROE % is 9.25% as of Jan. 2026, which is 35% above its 10-year median of 6.86. GuruFocus rates NGO:3320 with a GF Score™ of 61/100 and a GF Value™ of 円1,022.64. The stock has 1 warning sign investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Cross Plus ranks better than 72.73% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cross Plus's annualized net income for the quarter that ended in Jan. 2026 was 円1,746 Mil. Cross Plus's average Total Stockholders Equity over the quarter that ended in Jan. 2026 was 円18,869 Mil. Therefore, Cross Plus's annualized ROE % for the quarter that ended in Jan. 2026 was 9.25%.
The historical rank and industry rank for Cross Plus's ROE % or its related term are showing as below:
NGO:3320'
s ROE % Range Over the Past 10 Years
Min: -12.04 Med: 6.86 Max: 14.75
Current: 9.65
During the past 13 years, Cross Plus's highest ROE % was 14.75%. The lowest was -12.04%. And the median was 6.86%.
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 (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.
Cross Plus ROE % Related Terms
Cross Plus ROE % Historical Data
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The historical data trend for Cross Plus'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 Apparel Manufacturing subindustry, Cross Plus'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.
Cross Plus ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cross Plus's ROE % distribution charts can be found below:
* The bar in red indicates where Cross Plus'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 (Jan. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Cross Plus (NGO:3320) has a ROE % of 9.25% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Cross Plus and its competitors. This is 35% above median its historical median of 6.86. According to the industry distribution chart, Cross Plus ranks #279 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 27.3%.
Is Cross Plus' ROE % too high?
Cross Plus' current ROE % of 9.25% is 35% above median its 10-year median of 6.86. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. Cross Plus' value of 9.25% is 129% above this industry median. Based on the distribution chart, Cross Plus ranks #279 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Cross Plus has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Cross Plus' ROE % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Cross Plus ranks #279 out of 1023 companies for ROE %. This puts Cross Plus in the upper half of its industry. The industry median ROE % is 4.04. Cross Plus' value of 9.25% is 129% above this benchmark. While the company's 10-year median is 6.86 vs. the industry median of 4.04, Cross Plus 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,023 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. Cross Plus's current ROE % of 9.25% is 129% 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 Cross Plus and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cross Plus's current ROE % is 9.25%, which is 35% above median its own 10-year median of 6.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cross Plus stock overvalued right now?
Cross Plus (NGO:3320) has a current ROE % of 9.25%. The stock's GF Value™ is 円1,022.64, compared to a current price of 円1,170.00 — trading 14.4% above its estimated fair value. The current ROE % is 9.25%, which is 35% above median its 10-year median of 6.86 and 129% above the Manufacturing - Apparel & Accessories industry median of 4.04. Cross Plus' overall GF Score™ is 61/100 with 1 warning sign 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 Cross Plus (NGO:3320), the current ROE % is 9.25% as of Jan. 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 Cross Plus (NGO:3320) Overvalued in 2026?
Based on GuruFocus' analysis, Cross Plus stock appears to be overvalued.
The current stock price of 円1,170.00 is trading 14.4% above its estimated GF Value™ of 円1,022.64.
Key valuation signals for NGO:3320:
ROE %: 9.25% (35% above median its 10-year median of 6.86)
GF Value™: 円1,022.64 vs. price of 円1,170.00 (14.4% above fair value)
Industry Position: 129% above the Manufacturing - Apparel & Accessories median (#279 of 1023)
No single metric tells the full story. See the NGO:3320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cross Plus Inc is an apparel manufacturing company based in Japan. It is engaged in the planning, manufacturing and selling of women's apparel, clothing accessories and operating SPA. The company primarily serves widespread business partners such as mass merchandising stores, speciality shop and department stores nationwide.
61GF Score
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