ICHIKEN Co (TSE:1847) ROE %: 20.40% (As of Mar. 2026) — 43% Above Median


TSE:1847 ICHIKEN Co Ltd TSE:1847
64 GF Score
Price 円2,652.00
GF Value 円1,442.34
Valuation Significantly Overvalued
! 3 Warning Signs
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What is ICHIKEN Co ROE %?

ICHIKEN Co TSE:1847 +0.49% 64 ROE % is 20.40% as of Mar. 2026, which is 43% above its 10-year median of 14.29. GuruFocus rates TSE:1847 with a GF Score™ of 64/100 and a GF Value™ of 円1,442.34 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,734 Real Estate companies, ICHIKEN Co ranks better than 88.52% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ICHIKEN Co's annualized net income for the quarter that ended in Mar. 2026 was 円7,768 Mil. ICHIKEN Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円38,082 Mil. Therefore, ICHIKEN Co's annualized ROE % for the quarter that ended in Mar. 2026 was 20.40%.

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

TSE:1847' s ROE % Range Over the Past 10 Years
Min: 6.29   Med: 14.29   Max: 24.47
Current: 17.44

During the past 13 years, ICHIKEN Co's highest ROE % was 24.47%. The lowest was 6.29%. And the median was 14.29%.

TSE:1847's ROE % is ranked better than
88.52% of 1734 companies
in the Real Estate industry
Industry Median: 4.015 vs TSE:1847: 17.44

ICHIKEN Co  (TSE:1847) 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
=7768/38081.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7768 / 113976)*(113976 / 71420)*(71420 / 38081.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.82 %*1.5959*1.8755
=ROA %*Equity Multiplier
=10.88 %*1.8755
=20.40 %

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
=7768/38081.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (7768 / 10764) * (10764 / 10608) * (10608 / 113976) * (113976 / 71420) * (71420 / 38081.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7217 * 1.0147 * 9.31 % * 1.5959 * 1.8755
=20.40 %

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


ICHIKEN Co ROE % Related Terms


ICHIKEN Co ROE % Historical Data

* Premium members only.

The historical data trend for ICHIKEN 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.

ICHIKEN Co ROE % Chart

ICHIKEN Co 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 11.61 6.29 10.20 14.59 17.30

ICHIKEN Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 10.52 12.97 16.34 14.38 20.40

ICHIKEN Co ROE % Competitor Comparison

For the Real Estate - Development subindustry, ICHIKEN 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.


ICHIKEN Co ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, ICHIKEN Co's ROE % distribution charts can be found below:

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


TSE:1847
64GF Score
ICHIKEN Co Ltd TSE:1847
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ICHIKEN Co ROE % Calculation

ICHIKEN Co'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 )
=6408/( (34067+40019)/ 2 )
=6408/37043
=17.30 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=7768/( (36144+40019)/ 2 )
=7768/38081.5
=20.40 %

* 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 (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 20.40% mean?
ICHIKEN Co (TSE:1847) has a ROE % of 20.40% 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 ICHIKEN Co and its competitors. This is 43% above median its historical median of 14.29. Over the past decade, ICHIKEN Co's ROE % has ranged from 6.29 to 24.47. According to the industry distribution chart, ICHIKEN Co ranks #199 out of 1734 companies in the Real Estate industry, placing it in the top 11.5%.
Is ICHIKEN Co's ROE % too high?
ICHIKEN Co's current ROE % of 20.40% is 43% above median its 10-year median of 14.29. Over the past 10 years, this metric has ranged from a low of 6.29 to a high of 24.47. The Real Estate industry median ROE % is 4.02. ICHIKEN Co's value of 20.40% is 408.1% above this industry median. Based on the distribution chart, ICHIKEN Co ranks #199 out of 1734 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, ICHIKEN Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ICHIKEN Co's ROE % compare to competitors?
According to the Real Estate industry distribution chart, ICHIKEN Co ranks #199 out of 1734 companies for ROE %. This places ICHIKEN Co in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 4.02. ICHIKEN Co's value of 20.40% is 408.1% above this benchmark. Historically, ICHIKEN Co's own ROE % has ranged from 6.29 to 24.47 over the past decade. While the company's 10-year median is 14.29 vs. the industry median of 4.02, ICHIKEN 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 Real Estate company?
The median ROE % among Real Estate companies is 4.02, based on 1,734 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. ICHIKEN Co's current ROE % of 20.40% is 408.1% 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 ICHIKEN Co and its competitors. For the Real Estate industry, the median ROE % is 4.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICHIKEN Co's current ROE % is 20.40%, which is 43% above median its own 10-year median of 14.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICHIKEN Co stock overvalued right now?
Based on GuruFocus' analysis, ICHIKEN Co (TSE:1847) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,442.34, compared to a current price of 円2,652.00 — trading 83.9% above its estimated fair value. The current ROE % is 20.40%, which is 43% above median its 10-year median of 14.29 and 408.1% above the Real Estate industry median of 4.02. ICHIKEN Co's overall GF Score™ is 64/100 with 3 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 ICHIKEN Co (TSE:1847), the current ROE % is 20.40% 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 ICHIKEN Co (TSE:1847) Overvalued in 2026?

Based on GuruFocus' analysis, ICHIKEN Co stock appears to be overvalued. The current stock price of 円2,652.00 is trading 83.9% above its estimated GF Value™ of 円1,442.34. GuruFocus considers ICHIKEN Co to be Significantly Overvalued.

Key valuation signals for TSE:1847:

  • ROE %: 20.40% (43% above median its 10-year median of 14.29)
  • GF Value™: 円1,442.34 vs. price of 円2,652.00 (83.9% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 408.1% above the Real Estate median (#199 of 1734)

No single metric tells the full story. See the TSE:1847 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ICHIKEN Co Business Description

Address 23 No. 2-chome, Taito-ku, Tokyo, JPN
ICHIKEN Co Ltd is engaged in the construction business. It mainly builds and remodels commercial buildings such as retail stores. It also constructs residential and institutional buildings such as hospitals and hotels.
64GF Score

Get the complete analysis for TSE:1847

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

円2,652.00
Price
円1,442.34
GF Value