West Holdings (TSE:1407) ROE %: 6.67% (As of Feb. 2026) — 68% Below Median

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TSE:1407 West Holdings Corp TSE:1407
77 GF Score
Price 円2,179.00
GF Value 円2,487.85
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is West Holdings ROE %?

West Holdings TSE:1407 +1.30% 77 ROE % is 6.67% as of Feb. 2026, which is 68% below its 10-year median of 20.53. GuruFocus rates TSE:1407 with a GF Score™ of 77/100 and a GF Value™ of 円2,487.85 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 434 Utilities - Independent Power Producers companies, West Holdings ranks better than 85.71% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. West Holdings's annualized net income for the quarter that ended in Feb. 2026 was 円2,264 Mil. West Holdings's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was 円33,963 Mil. Therefore, West Holdings's annualized ROE % for the quarter that ended in Feb. 2026 was 6.67%.

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

TSE:1407' s ROE % Range Over the Past 10 Years
Min: 11.01   Med: 20.53   Max: 28.45
Current: 15.49

During the past 13 years, West Holdings's highest ROE % was 28.45%. The lowest was 11.01%. And the median was 20.53%.

TSE:1407's ROE % is ranked better than
85.71% of 434 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.82 vs TSE:1407: 15.49

West Holdings  (TSE:1407) 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
=2264/33963
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2264 / 37332)*(37332 / 144717)*(144717 / 33963)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.06 %*0.258*4.261
=ROA %*Equity Multiplier
=1.56 %*4.261
=6.67 %

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
=2264/33963
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2264 / 3368) * (3368 / 4660) * (4660 / 37332) * (37332 / 144717) * (144717 / 33963)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6722 * 0.7227 * 12.48 % * 0.258 * 4.261
=6.67 %

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


West Holdings ROE % Related Terms


West Holdings ROE % Historical Data

* Premium members only.

The historical data trend for West Holdings'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.

West Holdings ROE % Chart

West Holdings Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.45 16.11 20.42 20.92 15.43

West Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 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 8.65 2.92 54.15 -2.40 6.67

West Holdings ROE % Competitor Comparison

For the Utilities - Renewable subindustry, West Holdings'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.


West Holdings ROE % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, West Holdings's ROE % distribution charts can be found below:

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


TSE:1407
77GF Score
West Holdings Corp TSE:1407
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

West Holdings ROE % Calculation

West Holdings's annualized ROE % for the fiscal year that ended in Aug. 2025 is calculated as

ROE %=Net Income (A: Aug. 2025 )/( (Total Stockholders Equity (A: Aug. 2024 )+Total Stockholders Equity (A: Aug. 2025 ))/ count )
=5357/( (33228+36222)/ 2 )
=5357/34725
=15.43 %

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

ROE %=Net Income (Q: Feb. 2026 )/( (Total Stockholders Equity (Q: Nov. 2025 )+Total Stockholders Equity (Q: Feb. 2026 ))/ count )
=2264/( (33559+34367)/ 2 )
=2264/33963
=6.67 %

* 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 (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 6.67% mean?
West Holdings (TSE:1407) has a ROE % of 6.67% 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 West Holdings and its competitors. This is 68% below median its historical median of 20.53. Over the past decade, West Holdings' ROE % has ranged from 11.01 to 28.45. According to the industry distribution chart, West Holdings ranks #62 out of 434 companies in the Utilities - Independent Power Producers industry, placing it in the top 14.3%.
Is West Holdings' ROE % too high?
West Holdings' current ROE % of 6.67% is 68% below median its 10-year median of 20.53. Over the past 10 years, this metric has ranged from a low of 11.01 to a high of 28.45. The Utilities - Independent Power Producers industry median ROE % is 3.82. West Holdings' value of 6.67% is 74.6% above this industry median. Based on the distribution chart, West Holdings ranks #62 out of 434 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, West Holdings has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West Holdings' ROE % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, West Holdings ranks #62 out of 434 companies for ROE %. This places West Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median ROE % is 3.82. West Holdings' value of 6.67% is 74.6% above this benchmark. Historically, West Holdings' own ROE % has ranged from 11.01 to 28.45 over the past decade. While the company's 10-year median is 20.53 vs. the industry median of 3.82, West Holdings 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 Utilities - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.82, based on 434 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. West Holdings's current ROE % of 6.67% is 74.6% 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 West Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Holdings's current ROE % is 6.67%, which is 68% below median its own 10-year median of 20.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Holdings stock overvalued right now?
Based on GuruFocus' analysis, West Holdings (TSE:1407) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,487.85, compared to a current price of 円2,179.00 — trading 12.4% below its estimated fair value. The current ROE % is 6.67%, which is 68% below median its 10-year median of 20.53 and 74.6% above the Utilities - Independent Power Producers industry median of 3.82. West Holdings' overall GF Score™ is 77/100 with 5 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 West Holdings (TSE:1407), the current ROE % is 6.67% 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 West Holdings (TSE:1407) Overvalued in 2026?

Based on GuruFocus' analysis, West Holdings stock appears to be undervalued. The current stock price of 円2,179.00 is trading 12.4% below its estimated GF Value™ of 円2,487.85. GuruFocus considers West Holdings to be Modestly Undervalued.

Key valuation signals for TSE:1407:

  • ROE %: 6.67% (68% below median its 10-year median of 20.53)
  • GF Value™: 円2,487.85 vs. price of 円2,179.00 (12.4% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 74.6% above the Utilities - Independent Power Producers median (#62 of 434)

No single metric tells the full story. See the TSE:1407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


West Holdings Business Description

Address 3-20-2 Nishi-Shinjuku, Tokyo Opera City Building 32 Floor, Shinjuku-ku, Tokyo, JPN, 163-1432
West Holdings Corp is engaged in the solar power generation. The company generates solar power for municipalities, residential and industrial use. Its business activities are divided into different divisions including Stadtberg business, Solar power generation for municipalities, special high-pressure solar power generation, Industrial solar power generation, Residential solar power generation, O & M (operation and management), Sales of electricity and Esco Business. Stadtberg division provides consulting and operation support for infrastructure services centered on renewable energy. O & M division monitors the photovoltaic power plant and maintains the maximum amount of power generation. Its Esco division provides various energy-saving measures.
77GF Score

Get the complete analysis for TSE:1407

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

円2,179.00
Price
円2,487.85
GF Value