Nikko Co (NGO:5343) ROE %: 56.58% (As of Mar. 2026) — 302% Above Median


NGO:5343 Nikko Co NGO:5343
57 GF Score
Price 円187.00
GF Value 円134.84
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Nikko Co ROE %?

Nikko Co NGO:5343 +0.54% 57 ROE % is 56.58% as of Mar. 2026, which is 302% above its 10-year median of 14.06. GuruFocus rates NGO:5343 with a GF Score™ of 57/100 and a GF Value™ of 円134.84 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,000 Industrial Products companies, Nikko Co ranks better than 97.53% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nikko Co's annualized net income for the quarter that ended in Mar. 2026 was 円1,332 Mil. Nikko Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円2,354 Mil. Therefore, Nikko Co's annualized ROE % for the quarter that ended in Mar. 2026 was 56.58%.

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

NGO:5343' s ROE % Range Over the Past 10 Years
Min: -62.34   Med: 14.06   Max: 37.56
Current: 37.56

During the past 13 years, Nikko Co's highest ROE % was 37.56%. The lowest was -62.34%. And the median was 14.06%.

NGO:5343's ROE % is ranked better than
97.53% of 3000 companies
in the Industrial Products industry
Industry Median: 5.85 vs NGO:5343: 37.56

Nikko Co  (NGO:5343) 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
=1332/2354
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1332 / 16916)*(16916 / 10129.5)*(10129.5 / 2354)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.87 %*1.67*4.3031
=ROA %*Equity Multiplier
=13.14 %*4.3031
=56.58 %

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
=1332/2354
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1332 / 1038) * (1038 / 1006) * (1006 / 16916) * (16916 / 10129.5) * (10129.5 / 2354)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.2832 * 1.0318 * 5.95 % * 1.67 * 4.3031
=56.58 %

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.


Nikko Co ROE % Related Terms


Nikko Co ROE % Historical Data

* Premium members only.

The historical data trend for Nikko 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.

Nikko Co ROE % Chart

Nikko 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 -11.31 -27.59 22.83 23.09 35.67

Nikko 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 125.41 0.55 35.15 15.80 56.58

NGO:5343 vs GEV, ETN, PH: ROE % Comparison

For the Specialty Industrial Machinery subindustry, Nikko 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.


Nikko Co ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nikko Co's ROE % distribution charts can be found below:

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


NGO:5343
57GF Score
Nikko Co NGO:5343
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nikko Co ROE % Calculation

Nikko 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 )
=813/( (1786+2773)/ 2 )
=813/2279.5
=35.67 %

Nikko 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 )
=1332/( (1935+2773)/ 2 )
=1332/2354
=56.58 %

* 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 56.58% mean?
Nikko Co (NGO:5343) has a ROE % of 56.58% 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 Nikko Co and its competitors. This is 302% above median its historical median of 14.06. According to the industry distribution chart, Nikko Co ranks #74 out of 3000 companies in the Industrial Products industry, placing it in the top 2.5%.
Is Nikko Co's ROE % too high?
Nikko Co's current ROE % of 56.58% is 302% above median its 10-year median of 14.06. The Industrial Products industry median ROE % is 5.85. Nikko Co's value of 56.58% is 867.2% above this industry median. Based on the distribution chart, Nikko Co ranks #74 out of 3000 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nikko Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikko Co's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nikko Co ranks #74 out of 3000 companies for ROE %. This places Nikko Co in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 5.85. Nikko Co's value of 56.58% is 867.2% above this benchmark. While the company's 10-year median is 14.06 vs. the industry median of 5.85, Nikko 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,000 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. Nikko Co's current ROE % of 56.58% is 867.2% 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 Nikko Co and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikko Co's current ROE % is 56.58%, which is 302% above median its own 10-year median of 14.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikko Co stock overvalued right now?
Based on GuruFocus' analysis, Nikko Co (NGO:5343) is currently considered Significantly Overvalued. The stock's GF Value™ is 円134.84, compared to a current price of 円187.00 — trading 38.7% above its estimated fair value. The current ROE % is 56.58%, which is 302% above median its 10-year median of 14.06 and 867.2% above the Industrial Products industry median of 5.85. Nikko Co's overall GF Score™ is 57/100 with 3 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 Nikko Co (NGO:5343), the current ROE % is 56.58% 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 Nikko Co (NGO:5343) Overvalued in 2026?

Based on GuruFocus' analysis, Nikko Co stock appears to be overvalued. The current stock price of 円187.00 is trading 38.7% above its estimated GF Value™ of 円134.84. GuruFocus considers Nikko Co to be Significantly Overvalued.

Key valuation signals for NGO:5343:

  • ROE %: 56.58% (302% above median its 10-year median of 14.06)
  • GF Value™: 円134.84 vs. price of 円187.00 (38.7% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 867.2% above the Industrial Products median (#74 of 3000)

No single metric tells the full story. See the NGO:5343 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nikko Co Business Description

Address Sumitomo Real Estate Chiyoda, First Wing 2F, 2-36-1 Kanda Jinbocho, Chiyoda-ku, Tokyo, JPN, 9248686
Nikko Co is engaged in manufacturing hosing and environmental equipment.
57GF Score

Get the complete analysis for NGO:5343

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

円187.00
Price
円134.84
GF Value