J-MAX CoNGO:3422 68 ROE % is 2.22% as of Mar. 2026, which is 86% below its 10-year median of 15.55. GuruFocus rates NGO:3422 with a GF Score™ of 68/100 and a GF Value™ of 円393.64. The stock has 10 warning signs investors should review. Among 1,308 Vehicles & Parts companies, J-MAX Co ranks worse than 57.03% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. J-MAX Co's annualized net income for the quarter that ended in Mar. 2026 was 円400 Mil. J-MAX Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円18,034 Mil. Therefore, J-MAX Co's annualized ROE % for the quarter that ended in Mar. 2026 was 2.22%.
The historical rank and industry rank for J-MAX Co's ROE % or its related term are showing as below:
NGO:3422'
s ROE % Range Over the Past 10 Years
Min: -17.34 Med: 15.55 Max: 60.86
Current: 4.95
During the past 13 years, J-MAX Co's highest ROE % was 60.86%. The lowest was -17.34%. And the median was 15.55%.
NGO:3422's ROE % is ranked worse than 57.03% of 1308
companies
in the Vehicles & Parts industry
Industry Median: 6.62
vs NGO:3422: 4.95
J-MAX Co (NGO:3422) 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 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.
J-MAX Co ROE % Related Terms
J-MAX Co ROE % Historical Data
* Premium members only.
The historical data trend for J-MAX 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.
For the Auto Parts subindustry, J-MAX 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.
J-MAX Co ROE % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, J-MAX Co's ROE % distribution charts can be found below:
* The bar in red indicates where J-MAX Co'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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
J-MAX Co (NGO:3422) has a ROE % of 2.22% 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 J-MAX Co and its competitors. This is 86% below median its historical median of 15.55. According to the industry distribution chart, J-MAX Co ranks #746 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 57%.
Is J-MAX Co's ROE % too high?
J-MAX Co's current ROE % of 2.22% is 86% below median its 10-year median of 15.55. The Vehicles & Parts industry median ROE % is 6.62. J-MAX Co's value of 2.22% is 66.5% below this industry median. Based on the distribution chart, J-MAX Co ranks #746 out of 1308 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, J-MAX Co has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does J-MAX Co's ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, J-MAX Co ranks #746 out of 1308 companies for ROE %. This places J-MAX Co in the lower half of its industry. The industry median ROE % is 6.62. J-MAX Co's value of 2.22% is 66.5% below this benchmark. While the company's 10-year median is 15.55 vs. the industry median of 6.62, J-MAX Co has consistently been below 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 Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.62, based on 1,308 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. J-MAX Co's current ROE % of 2.22% is 66.5% below 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 J-MAX Co and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. J-MAX Co's current ROE % is 2.22%, which is 86% below median its own 10-year median of 15.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J-MAX Co stock overvalued right now?
J-MAX Co (NGO:3422) has a current ROE % of 2.22%. The stock's GF Value™ is 円393.64, compared to a current price of 円444.00 — trading 12.8% above its estimated fair value. The current ROE % is 2.22%, which is 86% below median its 10-year median of 15.55 and 66.5% below the Vehicles & Parts industry median of 6.62. J-MAX Co's overall GF Score™ is 68/100 with 10 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 J-MAX Co (NGO:3422), the current ROE % is 2.22% 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 J-MAX Co (NGO:3422) Overvalued in 2026?
Based on GuruFocus' analysis, J-MAX Co stock appears to be overvalued.
The current stock price of 円444.00 is trading 12.8% above its estimated GF Value™ of 円393.64.
Key valuation signals for NGO:3422:
ROE %: 2.22% (86% below median its 10-year median of 15.55)
GF Value™: 円393.64 vs. price of 円444.00 (12.8% above fair value)
Industry Position: 66.5% below the Vehicles & Parts median (#746 of 1308)
No single metric tells the full story. See the NGO:3422 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
J-MAX Co Ltd is engaged in manufacture of automobile body press parts, manufacture of precision parts for automobiles, and design and production of various molds. The company also manufactures press dies, welding jigs, inspection tools, and other equipment.
68GF Score
Get the complete analysis for NGO:3422
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NGO:3422 has been successfully added to your 
