Marubeni (STU:MARA) ROE %: 10.47% (As of Mar. 2026) — 23% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:MARA Marubeni Corp STU:MARA
72 GF Score
Price €27.00
GF Value €16.02
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Marubeni ROE %?

Marubeni STU:MARA -0.74% 72 ROE % is 10.47% as of Mar. 2026, which is 23% below its 10-year median of 13.51. GuruFocus rates STU:MARA with a GF Score™ of 72/100 and a GF Value™ of €16.02 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 561 Conglomerates companies, Marubeni ranks better than 80.57% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Marubeni's annualized net income for the quarter that ended in Mar. 2026 was €2,433 Mil. Marubeni's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €23,228 Mil. Therefore, Marubeni's annualized ROE % for the quarter that ended in Mar. 2026 was 10.47%.

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

STU:MARA' s ROE % Range Over the Past 10 Years
Min: -11.3   Med: 13.51   Max: 21.21
Current: 13.87

During the past 13 years, Marubeni's highest ROE % was 21.21%. The lowest was -11.30%. And the median was 13.51%.

STU:MARA's ROE % is ranked better than
80.57% of 561 companies
in the Conglomerates industry
Industry Median: 6.15 vs STU:MARA: 13.87

Marubeni  (STU:MARA) 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
=2432.556/23228.1595
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2432.556 / 45646.06)*(45646.06 / 56122.5585)*(56122.5585 / 23228.1595)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.33 %*0.8133*2.4161
=ROA %*Equity Multiplier
=4.33 %*2.4161
=10.47 %

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
=2432.556/23228.1595
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2432.556 / 3121.384) * (3121.384 / 1440.56) * (1440.56 / 45646.06) * (45646.06 / 56122.5585) * (56122.5585 / 23228.1595)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7793 * 2.1668 * 3.16 % * 0.8133 * 2.4161
=10.47 %

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.


Marubeni ROE % Related Terms


Marubeni ROE % Historical Data

* Premium members only.

The historical data trend for Marubeni'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.

Marubeni ROE % Chart

Marubeni 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 20.83 20.36 14.00 14.26 12.80

Marubeni 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 8.47 16.81 15.86 12.34 10.47

STU:MARA vs HON, MMM: ROE % Comparison

For the Conglomerates subindustry, Marubeni'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.


Marubeni ROE % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Marubeni's ROE % distribution charts can be found below:

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


STU:MARA
72GF Score
Marubeni Corp STU:MARA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marubeni ROE % Calculation

Marubeni'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 )
=2964.608/( (22521.786+23787.199)/ 2 )
=2964.608/23154.4925
=12.80 %

Marubeni'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 )
=2432.556/( (22669.12+23787.199)/ 2 )
=2432.556/23228.1595
=10.47 %

* 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 10.47% mean?
Marubeni (STU:MARA) has a ROE % of 10.47% 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 Marubeni and its competitors. This is 23% below median its historical median of 13.51. According to the industry distribution chart, Marubeni ranks #109 out of 561 companies in the Conglomerates industry, placing it in the top 19.4%.
Is Marubeni's ROE % too high?
Marubeni's current ROE % of 10.47% is 23% below median its 10-year median of 13.51. The Conglomerates industry median ROE % is 6.15. Marubeni's value of 10.47% is 70.2% above this industry median. Based on the distribution chart, Marubeni ranks #109 out of 561 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Marubeni has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marubeni's ROE % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Marubeni ranks #109 out of 561 companies for ROE %. This places Marubeni in the top 19% of its industry — outperforming the majority of peers. The industry median ROE % is 6.15. Marubeni's value of 10.47% is 70.2% above this benchmark. While the company's 10-year median is 13.51 vs. the industry median of 6.15, Marubeni 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 Conglomerates company?
The median ROE % among Conglomerates companies is 6.15, based on 561 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. Marubeni's current ROE % of 10.47% is 70.2% 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 Marubeni and its competitors. For the Conglomerates industry, the median ROE % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marubeni's current ROE % is 10.47%, which is 23% below median its own 10-year median of 13.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marubeni stock overvalued right now?
Based on GuruFocus' analysis, Marubeni (STU:MARA) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.02, compared to a current price of €27.00 — trading 68.5% above its estimated fair value. The current ROE % is 10.47%, which is 23% below median its 10-year median of 13.51 and 70.2% above the Conglomerates industry median of 6.15. Marubeni's overall GF Score™ is 72/100 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 Marubeni (STU:MARA), the current ROE % is 10.47% 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 Marubeni (STU:MARA) Overvalued in 2026?

Based on GuruFocus' analysis, Marubeni stock appears to be overvalued. The current stock price of €27.00 is trading 68.5% above its estimated GF Value™ of €16.02. GuruFocus considers Marubeni to be Significantly Overvalued.

Key valuation signals for STU:MARA:

  • ROE %: 10.47% (23% below median its 10-year median of 13.51)
  • GF Value™: €16.02 vs. price of €27.00 (68.5% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 70.2% above the Conglomerates median (#109 of 561)

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


Marubeni Business Description

Address 4-2, Ohtemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8088
Marubeni is a general trading house, or sogo shosha, a type of conglomerate unique to Japan, playing the core role of a trading intermediary in various industrial sectors. Marubeni operates in sectors such as metals and minerals, oil and gas and nuclear fuel production, and also nonresources businesses such as power and infrastructure services, food and agribusiness, lifestyle, and IT solutions. In addition to acting as a midstream trading/processing intermediary, Marubeni participates in the upstream production and downstream distribution businesses. Its exposure is weighted to the upstream, on par with its peers, while its investment focus ahead will be on selective upstream investments supporting the energy transition and recycling capital via divestment of legacy, low-return assets.
72GF Score

Get the complete analysis for STU:MARA

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

€27.00
Price
€16.02
GF Value