NJMLF (Nojima Co) ROE %: 16.03% (As of Mar. 2026) — 13% Below Median


NJMLF Nojima Co Ltd NJMLF
69 GF Score
Price $3.36
GF Value $2.29
! 2 Warning Signs
View Full Analysis

What is Nojima Co ROE %?

Nojima Co NJMLF 69 ROE % is 16.03% as of Mar. 2026, which is 13% below its 10-year median of 18.42. GuruFocus rates NJMLF with a GF Score™ of 69/100 and a GF Value™ of $2.29. The stock has 2 warning signs investors should review. Among 1,094 Retail - Cyclical companies, Nojima Co ranks better than 77.7% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nojima Co's annualized net income for the quarter that ended in Mar. 2026 was $245 Mil. Nojima Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $1,532 Mil. Therefore, Nojima Co's annualized ROE % for the quarter that ended in Mar. 2026 was 16.03%.

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

NJMLF' s ROE % Range Over the Past 10 Years
Min: 11.89   Med: 18.42   Max: 45.05
Current: 17.26

During the past 13 years, Nojima Co's highest ROE % was 45.05%. The lowest was 11.89%. And the median was 18.42%.

NJMLF's ROE % is ranked better than
77.7% of 1094 companies
in the Retail - Cyclical industry
Industry Median: 6.49 vs NJMLF: 17.26

Nojima Co  (OTCPK:NJMLF) 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
=245.496/1531.591
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(245.496 / 6777.7)*(6777.7 / 3727.3015)*(3727.3015 / 1531.591)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.62 %*1.8184*2.4336
=ROA %*Equity Multiplier
=6.58 %*2.4336
=16.03 %

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
=245.496/1531.591
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (245.496 / 401.832) * (401.832 / 440.2) * (440.2 / 6777.7) * (6777.7 / 3727.3015) * (3727.3015 / 1531.591)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6109 * 0.9128 * 6.49 % * 1.8184 * 2.4336
=16.03 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


Nojima Co ROE % Related Terms


Nojima Co ROE % Historical Data

* Premium members only.

The historical data trend for Nojima 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.

Nojima Co ROE % Chart

Nojima 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 17.47 14.78 11.25 16.95 16.79

Nojima Co 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 18.65 19.27 17.01 16.42 16.03

NJMLF vs CASY, WSM, DKS: ROE % Comparison

For the Specialty Retail subindustry, Nojima 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.


Nojima Co ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nojima Co's ROE % distribution charts can be found below:

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


NJMLF
69GF Score
Nojima Co Ltd NJMLF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nojima Co ROE % Calculation

Nojima 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 )
=245.339/( (1375.28+1546.766)/ 2 )
=245.339/1461.023
=16.79 %

Nojima 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: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=245.496/( (1516.416+1546.766)/ 2 )
=245.496/1531.591
=16.03 %

* 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 (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 16.03% mean?
Nojima Co (NJMLF) has a ROE % of 16.03% 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 Nojima Co and its competitors. This is 13% below median its historical median of 18.42. Over the past decade, Nojima Co's ROE % has ranged from 11.89 to 45.05. According to the industry distribution chart, Nojima Co ranks #244 out of 1094 companies in the Retail - Cyclical industry, placing it in the top 22.3%.
Is Nojima Co's ROE % too high?
Nojima Co's current ROE % of 16.03% is 13% below median its 10-year median of 18.42. Over the past 10 years, this metric has ranged from a low of 11.89 to a high of 45.05. The Retail - Cyclical industry median ROE % is 6.49. Nojima Co's value of 16.03% is 147% above this industry median. Based on the distribution chart, Nojima Co ranks #244 out of 1094 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Nojima Co has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Nojima Co's ROE % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Nojima Co ranks #244 out of 1094 companies for ROE %. This places Nojima Co in the top 22% of its industry — outperforming the majority of peers. The industry median ROE % is 6.49. Nojima Co's value of 16.03% is 147% above this benchmark. Historically, Nojima Co's own ROE % has ranged from 11.89 to 45.05 over the past decade. While the company's 10-year median is 18.42 vs. the industry median of 6.49, Nojima 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 a Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.49, based on 1,094 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. Nojima Co's current ROE % of 16.03% is 147% 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 Nojima Co and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nojima Co's current ROE % is 16.03%, which is 13% below median its own 10-year median of 18.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nojima Co stock overvalued right now?
Nojima Co (NJMLF) has a current ROE % of 16.03%. The stock's GF Value™ is $2.29, compared to a current price of $3.36 — trading 46.8% above its estimated fair value. The current ROE % is 16.03%, which is 13% below median its 10-year median of 18.42 and 147% above the Retail - Cyclical industry median of 6.49. Nojima Co's overall GF Score™ is 69/100 with 2 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 Nojima Co (NJMLF), the current ROE % is 16.03% 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 Nojima Co (NJMLF) Overvalued in 2026?

Based on GuruFocus' analysis, Nojima Co stock appears to be overvalued. The current stock price of $3.36 is trading 46.8% above its estimated GF Value™ of $2.29.

Key valuation signals for NJMLF:

  • ROE %: 16.03% (13% below median its 10-year median of 18.42)
  • GF Value™: $2.29 vs. price of $3.36 (46.8% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 147% above the Retail - Cyclical median (#244 of 1094)

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


Nojima Co Business Description

Other Exchanges 7419:Japan
Address 2-3-3 Minatomirai, 26th Floor Queens Tower B, Nishi-ku, Kanagawa, Yokohama, JPN, 045-228-3546
Nojima Co Ltd is a Japanese company which is engaged in manufacturing and sale of digital audio and visual (AV)-related equipment, information technology (IT)-related equipment and electric appliances. It products are televisions, audio equipment, portable music players, blue recorders, personal computers, software, printers, digital cameras and other peripheral products.
69GF Score

Get the complete analysis for NJMLF

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

$3.36
Price
$2.29
GF Value