Material Group (TSE:156A) ROE %: 36.89% (As of Feb. 2026) — 26% Above Median


TSE:156A Material Group Inc TSE:156A
19 GF Score
Price 円828.00
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What is Material Group ROE %?

Material Group TSE:156A -1.31% 19 ROE % is 36.89% as of Feb. 2026, which is 26% above its 10-year median of 29.27. GuruFocus rates TSE:156A with a GF Score™ of 19/100. Among 951 Media - Diversified companies, Material Group ranks better than 93.27% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Material Group's annualized net income for the quarter that ended in Feb. 2026 was 円792 Mil. Material Group's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was 円2,147 Mil. Therefore, Material Group's annualized ROE % for the quarter that ended in Feb. 2026 was 36.89%.

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

TSE:156A' s ROE % Range Over the Past 10 Years
Min: 20.97   Med: 29.27   Max: 41.05
Current: 29.56

During the past 4 years, Material Group's highest ROE % was 41.05%. The lowest was 20.97%. And the median was 29.27%.

TSE:156A's ROE % is ranked better than
93.27% of 951 companies
in the Media - Diversified industry
Industry Median: 2.47 vs TSE:156A: 29.56

Material Group  (TSE:156A) 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
=791.92/2146.91
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(791.92 / 8799.382)*(8799.382 / 4966.345)*(4966.345 / 2146.91)
=Net Margin %*Asset Turnover*Equity Multiplier
=9 %*1.7718*2.3133
=ROA %*Equity Multiplier
=15.95 %*2.3133
=36.89 %

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
=791.92/2146.91
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (791.92 / 1348.15) * (1348.15 / 1415.412) * (1415.412 / 8799.382) * (8799.382 / 4966.345) * (4966.345 / 2146.91)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5874 * 0.9525 * 16.09 % * 1.7718 * 2.3133
=36.89 %

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.


Material Group ROE % Related Terms


Material Group ROE % Historical Data

* Premium members only.

The historical data trend for Material Group'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.

Material Group ROE % Chart

Material Group Annual Data
Trend Aug22 Aug23 Aug24 Aug25
ROE %
20.97 36.11 41.05 22.42

Material Group Semi-Annual Data
Aug22 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
ROE % Get a 7-Day Free Trial 35.09 46.53 23.32 21.83 36.89

TSE:156A vs APP, OMC, TTD: ROE % Comparison

For the Advertising Agencies subindustry, Material Group'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.


Material Group ROE % vs Media - Diversified Industry

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

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


TSE:156A
19GF Score
Material Group Inc TSE:156A
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Material Group ROE % Calculation

Material Group'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 )
=468.946/( (2025.357+2158.222)/ 2 )
=468.946/2091.7895
=22.42 %

Material Group'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 )
=791.92/( (2158.222+2135.598)/ 2 )
=791.92/2146.91
=36.89 %

* 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 36.89% mean?
Material Group (TSE:156A) has a ROE % of 36.89% 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 Material Group and its competitors. This is 26% above median its historical median of 29.27. Over the past decade, Material Group's ROE % has ranged from 20.97 to 41.05. According to the industry distribution chart, Material Group ranks #64 out of 951 companies in the Media - Diversified industry, placing it in the top 6.7%.
Is Material Group's ROE % too high?
Material Group's current ROE % of 36.89% is 26% above median its 10-year median of 29.27. Over the past 10 years, this metric has ranged from a low of 20.97 to a high of 41.05. The Media - Diversified industry median ROE % is 2.47. Material Group's value of 36.89% is 1393.5% above this industry median. Based on the distribution chart, Material Group ranks #64 out of 951 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Material Group has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Material Group's ROE % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Material Group ranks #64 out of 951 companies for ROE %. This places Material Group in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 2.47. Material Group's value of 36.89% is 1393.5% above this benchmark. Historically, Material Group's own ROE % has ranged from 20.97 to 41.05 over the past decade. While the company's 10-year median is 29.27 vs. the industry median of 2.47, Material Group 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 2.47, based on 951 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. Material Group's current ROE % of 36.89% is 1393.5% 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 Material Group and its competitors. For the Media - Diversified industry, the median ROE % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Material Group's current ROE % is 36.89%, which is 26% above median its own 10-year median of 29.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Material Group stock overvalued right now?
Material Group (TSE:156A) has a current ROE % of 36.89%. The current ROE % is 36.89%, which is 26% above median its 10-year median of 29.27 and 1393.5% above the Media - Diversified industry median of 2.47. Material Group's overall GF Score™ is 19/100. 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 Material Group (TSE:156A), the current ROE % is 36.89% 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.

Material Group Business Description

Address Arkhills Ark Mori Building, 35F, 1-12-32 Akasaka, Minato-ku, Tokyo, JPN, 107-6035
Material Group Inc is a company which is a specialized business group that provides comprehensive support for marketing communications for all types of businesses. It brings out the individuality of all materials, including brands, products, services, and talent, and maximize their potential.
19GF Score

Get the complete analysis for TSE:156A

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

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