Topy Industries (NGO:7231) ROE %: 15.21% (As of Dec. 2025) — 210% Above Median


NGO:7231 Topy Industries Ltd NGO:7231
70 GF Score
Price 円2,850.00
GF Value 円2,523.96
! 4 Warning Signs
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What is Topy Industries ROE %?

Topy Industries NGO:7231 70 ROE % is 15.21% as of Dec. 2025, which is 210% above its 10-year median of 4.91. GuruFocus rates NGO:7231 with a GF Score™ of 70/100 and a GF Value™ of 円2,523.96. The stock has 4 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Topy Industries ranks better than 53.67% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Topy Industries's annualized net income for the quarter that ended in Dec. 2025 was 円20,844 Mil. Topy Industries's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was 円137,049 Mil. Therefore, Topy Industries's annualized ROE % for the quarter that ended in Dec. 2025 was 15.21%.

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

NGO:7231' s ROE % Range Over the Past 10 Years
Min: -4.2   Med: 4.91   Max: 7.4
Current: 7.4

During the past 13 years, Topy Industries's highest ROE % was 7.40%. The lowest was -4.20%. And the median was 4.91%.

NGO:7231's ROE % is ranked better than
53.67% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 6.62 vs NGO:7231: 7.40

Topy Industries  (NGO:7231) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=20844/137049
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(20844 / 307256)*(307256 / 273716.5)*(273716.5 / 137049)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.78 %*1.1225*1.9972
=ROA %*Equity Multiplier
=7.61 %*1.9972
=15.21 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=20844/137049
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (20844 / 28980) * (28980 / 10628) * (10628 / 307256) * (307256 / 273716.5) * (273716.5 / 137049)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7193 * 2.7268 * 3.46 % * 1.1225 * 1.9972
=15.21 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.


Topy Industries ROE % Related Terms


Topy Industries ROE % Historical Data

* Premium members only.

The historical data trend for Topy Industries'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.

Topy Industries ROE % Chart

Topy Industries 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 0.35 5.43 3.60 4.65 7.27

Topy Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 7.79 3.01 4.43 15.21 6.93

NGO:7231 vs ORLY, AZO: ROE % Comparison

For the Auto Parts subindustry, Topy Industries'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.


Topy Industries ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Topy Industries's ROE % distribution charts can be found below:

* The bar in red indicates where Topy Industries's ROE % falls into.


NGO:7231
70GF Score
Topy Industries Ltd NGO:7231
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topy Industries ROE % Calculation

Topy Industries'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 )
=10151/( (135277+143970)/ 2 )
=10151/139623.5
=7.27 %

Topy Industries's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=20844/( (134601+139497)/ 2 )
=20844/137049
=15.21 %

* 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 (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 15.21% mean?
Topy Industries (NGO:7231) has a ROE % of 15.21% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Topy Industries and its competitors. This is 210% above median its historical median of 4.91. According to the industry distribution chart, Topy Industries ranks #606 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 46.3%.
Is Topy Industries' ROE % too high?
Topy Industries' current ROE % of 15.21% is 210% above median its 10-year median of 4.91. The Vehicles & Parts industry median ROE % is 6.62. Topy Industries' value of 15.21% is 129.8% above this industry median. Based on the distribution chart, Topy Industries ranks #606 out of 1308 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Topy Industries has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Topy Industries' ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Topy Industries ranks #606 out of 1308 companies for ROE %. This puts Topy Industries in the upper half of its industry. The industry median ROE % is 6.62. Topy Industries' value of 15.21% is 129.8% above this benchmark. While the company's 10-year median is 4.91 vs. the industry median of 6.62, Topy Industries 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 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. Topy Industries's current ROE % of 15.21% is 129.8% 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 Topy Industries 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. Topy Industries's current ROE % is 15.21%, which is 210% above median its own 10-year median of 4.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topy Industries stock overvalued right now?
Topy Industries (NGO:7231) has a current ROE % of 15.21%. The stock's GF Value™ is 円2,523.96, compared to a current price of 円2,850.00 — trading 12.9% above its estimated fair value. The current ROE % is 15.21%, which is 210% above median its 10-year median of 4.91 and 129.8% above the Vehicles & Parts industry median of 6.62. Topy Industries' overall GF Score™ is 70/100 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 Topy Industries (NGO:7231), the current ROE % is 15.21% as of Dec. 2025. 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 Topy Industries (NGO:7231) Overvalued in 2026?

Based on GuruFocus' analysis, Topy Industries stock appears to be overvalued. The current stock price of 円2,850.00 is trading 12.9% above its estimated GF Value™ of 円2,523.96.

Key valuation signals for NGO:7231:

  • ROE %: 15.21% (210% above median its 10-year median of 4.91)
  • GF Value™: 円2,523.96 vs. price of 円2,850.00 (12.9% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 129.8% above the Vehicles & Parts median (#606 of 1308)

No single metric tells the full story. See the NGO:7231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topy Industries Business Description

Other Exchanges 7231:Japan
Address Art Village Osaki Central Tower, 1-2-2 Osaki, Shinagawa-ku, Tokyo, JPN, 141-8634
Topy Industries Ltd is a Japanese producer of steel and automotive and industrial machinery components. Topy's largest segment by revenue, automotive and industrial machinery components, produces steel and aluminum wheels for passenger cars, commercial trucks, and buses; ultra-large-diameter wheels for mining dump trucks; industrial spring steel fasteners; and undercarriage components such as track shoes, cutting edges, links, and rollers. In its second- largest segment, the company produces general steel sections, deformed and flat bars, mast rail sections for forklifts, and universal mill plates.
70GF Score

Get the complete analysis for NGO:7231

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

円2,850.00
Price
円2,523.96
GF Value