Fusion Co (SSE:3977) ROE %: 27.21% (As of Feb. 2026) — 242% Above Median

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SSE:3977 Fusion Co Ltd SSE:3977
72 GF Score
Price 円461.00
GF Value 円516.92
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Fusion Co ROE %?

Fusion Co SSE:3977 +1.10% 72 ROE % is 27.21% as of Feb. 2026, which is 242% above its 10-year median of 7.95. GuruFocus rates SSE:3977 with a GF Score™ of 72/100 and a GF Value™ of 円516.92 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 950 Media - Diversified companies, Fusion Co ranks worse than 58.11% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Fusion Co's annualized net income for the quarter that ended in Feb. 2026 was 円93 Mil. Fusion Co's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was 円340 Mil. Therefore, Fusion Co's annualized ROE % for the quarter that ended in Feb. 2026 was 27.21%.

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

SSE:3977' s ROE % Range Over the Past 10 Years
Min: -67.11   Med: 7.95   Max: 14.93
Current: 0.39

During the past 11 years, Fusion Co's highest ROE % was 14.93%. The lowest was -67.11%. And the median was 7.95%.

SSE:3977's ROE % is ranked worse than
58.11% of 950 companies
in the Media - Diversified industry
Industry Median: 2.535 vs SSE:3977: 0.39

Fusion Co  (SSE:3977) 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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=92.558/340.153
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(92.558 / 1568.35)*(1568.35 / 671.6465)*(671.6465 / 340.153)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.9 %*2.3351*1.9745
=ROA %*Equity Multiplier
=13.78 %*1.9745
=27.21 %

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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=92.558/340.153
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (92.558 / 93.504) * (93.504 / 120.124) * (120.124 / 1568.35) * (1568.35 / 671.6465) * (671.6465 / 340.153)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9899 * 0.7784 * 7.66 % * 2.3351 * 1.9745
=27.21 %

Note: The net income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 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.


Fusion Co ROE % Related Terms


Fusion Co ROE % Historical Data

* Premium members only.

The historical data trend for Fusion 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.

Fusion Co ROE % Chart

Fusion Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.80 14.59 14.93 -4.50 0.38

Fusion Co Semi-Annual Data
Feb16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 19.21 2.06 -11.07 -26.46 27.21

SSE:3977 vs APP, OMC, TTD: ROE % Comparison

For the Advertising Agencies subindustry, Fusion 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.


Fusion Co ROE % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Fusion Co's ROE % distribution charts can be found below:

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


SSE:3977
72GF Score
Fusion Co Ltd SSE:3977
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fusion Co ROE % Calculation

Fusion Co's annualized ROE % for the fiscal year that ended in Feb. 2026 is calculated as

ROE %=Net Income (A: Feb. 2026 )/( (Total Stockholders Equity (A: Feb. 2025 )+Total Stockholders Equity (A: Feb. 2026 ))/ count )
=1.363/( (361.965+363.293)/ 2 )
=1.363/362.629
=0.38 %

Fusion Co's annualized ROE % for the quarter that ended in Feb. 2026 is calculated as

ROE %=Net Income (Q: Feb. 2026 )/( (Total Stockholders Equity (Q: Aug. 2025 )+Total Stockholders Equity (Q: Feb. 2026 ))/ count )
=92.558/( (317.013+363.293)/ 2 )
=92.558/340.153
=27.21 %

* 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 two times the semi-annual (Feb. 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 27.21% mean?
Fusion Co (SSE:3977) has a ROE % of 27.21% as of Feb. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Fusion Co and its competitors. This is 242% above median its historical median of 7.95. According to the industry distribution chart, Fusion Co ranks #552 out of 950 companies in the Media - Diversified industry, placing it in the top 58.1%.
Is Fusion Co's ROE % too high?
Fusion Co's current ROE % of 27.21% is 242% above median its 10-year median of 7.95. The Media - Diversified industry median ROE % is 2.54. Fusion Co's value of 27.21% is 973.4% above this industry median. Based on the distribution chart, Fusion Co ranks #552 out of 950 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Fusion Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fusion Co's ROE % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Fusion Co ranks #552 out of 950 companies for ROE %. This places Fusion Co in the lower half of its industry. The industry median ROE % is 2.54. Fusion Co's value of 27.21% is 973.4% above this benchmark. While the company's 10-year median is 7.95 vs. the industry median of 2.54, Fusion 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 Media - Diversified company?
The median ROE % among Media - Diversified companies is 2.54, based on 950 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. Fusion Co's current ROE % of 27.21% is 973.4% 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 Fusion Co and its competitors. For the Media - Diversified industry, the median ROE % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fusion Co's current ROE % is 27.21%, which is 242% above median its own 10-year median of 7.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fusion Co stock overvalued right now?
Based on GuruFocus' analysis, Fusion Co (SSE:3977) is currently considered Modestly Undervalued. The stock's GF Value™ is 円516.92, compared to a current price of 円461.00 — trading 10.8% below its estimated fair value. The current ROE % is 27.21%, which is 242% above median its 10-year median of 7.95 and 973.4% above the Media - Diversified industry median of 2.54. Fusion Co's overall GF Score™ is 72/100 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 Fusion Co (SSE:3977), the current ROE % is 27.21% as of Feb. 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 Fusion Co (SSE:3977) Overvalued in 2026?

Based on GuruFocus' analysis, Fusion Co stock appears to be undervalued. The current stock price of 円461.00 is trading 10.8% below its estimated GF Value™ of 円516.92. GuruFocus considers Fusion Co to be Modestly Undervalued.

Key valuation signals for SSE:3977:

  • ROE %: 27.21% (242% above median its 10-year median of 7.95)
  • GF Value™: 円516.92 vs. price of 円461.00 (10.8% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 973.4% above the Media - Diversified median (#552 of 950)

No single metric tells the full story. See the SSE:3977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fusion Co Business Description

Address Kita 4-chome Nishi 4-chome 1, 4th Floor, Ito Building, Chuo Ward, Sapporo, JPN, 060-0004
Fusion Co Ltd is a direct marketing company. It provides systematic planning, production, and consultation of various promotions. Its total solution of marketing consists of three services: marketing research, marketing system, and direct promotion.
72GF Score

Get the complete analysis for SSE:3977

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

円461.00
Price
円516.92
GF Value