First-corp (TSE:1430) ROE %: 0.00% (As of Nov. 2025)


TSE:1430 First-corp Inc TSE:1430
70 GF Score
Price 円932.00
GF Value 円1,409.89
Valuation Possible Value Trap
! 5 Warning Signs
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What is First-corp ROE %?

First-corp TSE:1430 +1.19% 70 ROE % is 0.00% as of Nov. 2025. GuruFocus rates TSE:1430 with a GF Score™ of 70/100 and a GF Value™ of 円1,409.89 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 95 Homebuilding & Construction companies, First-corp ranks worse than 69.47% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. First-corp's annualized net income for the quarter that ended in Nov. 2025 was 円0 Mil. First-corp's average Total Stockholders Equity over the quarter that ended in Nov. 2025 was 円9,819 Mil. Therefore, First-corp's annualized ROE % for the quarter that ended in Nov. 2025 was 0.00%.

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

TSE:1430' s ROE % Range Over the Past 10 Years
Min: 3.84   Med: 18.8   Max: 60.48
Current: 3.84

During the past 12 years, First-corp's highest ROE % was 60.48%. The lowest was 3.84%. And the median was 18.80%.

TSE:1430's ROE % is ranked worse than
69.47% of 95 companies
in the Homebuilding & Construction industry
Industry Median: 7.87 vs TSE:1430: 3.84

First-corp  (TSE:1430) 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: Nov. 2025 )
=Net Income/Total Stockholders Equity
=0/9819.4115
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 29294.7755)*(29294.7755 / 9819.4115)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*2.9834
=ROA %*Equity Multiplier
=N/A %*2.9834
=0.00 %

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: Nov. 2025 )
=Net Income/Total Stockholders Equity
=0/9819.4115
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0 / 0) * (0 / 0) * (0 / 0) * (0 / 29294.7755) * (29294.7755 / 9819.4115)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= N/A * N/A * N/A % * 0 * 2.9834
=0.00 %

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


First-corp ROE % Related Terms


First-corp ROE % Historical Data

* Premium members only.

The historical data trend for First-corp'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.

First-corp ROE % Chart

First-corp Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.20 19.21 18.38 11.53 18.32

First-corp Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 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 3.80 0.00 0.00 0.00 15.20

TSE:1430 vs DHI, PHM, LEN: ROE % Comparison

For the Residential Construction subindustry, First-corp'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.


First-corp ROE % vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, First-corp's ROE % distribution charts can be found below:

* The bar in red indicates where First-corp's ROE % falls into.


TSE:1430
70GF Score
First-corp Inc TSE:1430
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First-corp ROE % Calculation

First-corp's annualized ROE % for the fiscal year that ended in May. 2025 is calculated as

ROE %=Net Income (A: May. 2025 )/( (Total Stockholders Equity (A: May. 2024 )+Total Stockholders Equity (A: May. 2025 ))/ count )
=1669.537/( (8468.076+9760.903)/ 2 )
=1669.537/9114.4895
=18.32 %

First-corp's annualized ROE % for the quarter that ended in Nov. 2025 is calculated as

ROE %=Net Income (Q: Nov. 2025 )/( (Total Stockholders Equity (Q: May. 2025 )+Total Stockholders Equity (Q: Nov. 2025 ))/ count )
=0/( (9760.903+9877.92)/ 2 )
=0/9819.4115
=0.00 %

* 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 (Nov. 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 0.00% mean?
First-corp (TSE:1430) has a ROE % of 0.00% as of Nov. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on First-corp and its competitors. Over the past decade, First-corp's ROE % has ranged from 3.84 to 60.48. According to the industry distribution chart, First-corp ranks #66 out of 95 companies in the Homebuilding & Construction industry, placing it in the top 69.5%.
Is First-corp's ROE % too high?
First-corp's current ROE % is 0.00%. Over the past 10 years, this metric has ranged from a low of 3.84 to a high of 60.48. Based on the distribution chart, First-corp ranks #66 out of 95 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, First-corp has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does First-corp's ROE % compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, First-corp ranks #66 out of 95 companies for ROE %. This places First-corp in the lower half of its industry. The industry median ROE % is 7.87. Historically, First-corp's own ROE % has ranged from 3.84 to 60.48 over the past decade. 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 Homebuilding & Construction company?
The median ROE % among Homebuilding & Construction companies is 7.87, based on 95 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. 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 First-corp and its competitors. For the Homebuilding & Construction industry, the median ROE % is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First-corp's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First-corp stock overvalued right now?
Based on GuruFocus' analysis, First-corp (TSE:1430) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,409.89, compared to a current price of 円932.00 — trading 33.9% below its estimated fair value. The current ROE % is 0.00%. First-corp's overall GF Score™ is 70/100 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 First-corp (TSE:1430), the current ROE % is 0.00% as of Nov. 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 First-corp (TSE:1430) Overvalued in 2026?

Based on GuruFocus' analysis, First-corp stock appears to be undervalued. The current stock price of 円932.00 is trading 33.9% below its estimated GF Value™ of 円1,409.89. GuruFocus considers First-corp to be Possible Value Trap.

Key valuation signals for TSE:1430:

  • ROE %: 0.00%
  • GF Value™: 円1,409.89 vs. price of 円932.00 (33.9% below fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the TSE:1430 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First-corp Business Description

Address 4-30-16 Ogikubo, 8th Floor, Fujisawa Building, Suginami-ku, Tokyo, JPN, 167-0051
First-corp Inc engages in the condominium construction business. It provides general construction, consultation, planning, and design. The firm purchases land, plans and designs, and proposes the same to business owners for construction contracts.
70GF Score

Get the complete analysis for TSE:1430

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

円932.00
Price
円1,409.89
GF Value