Fukuda (TSE:1899) ROE %: 4.94% (As of Dec. 2025) — 40% Below Median

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TSE:1899 Fukuda Corp TSE:1899
52 GF Score
Price 円3,720.00
GF Value 円2,810.05
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Fukuda ROE %?

Fukuda TSE:1899 -2.62% 52 ROE % is 4.94% as of Dec. 2025, which is 40% below its 10-year median of 8.21. GuruFocus rates TSE:1899 with a GF Score™ of 52/100 and a GF Value™ of 円2,810.05 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,747 Construction companies, Fukuda ranks better than 50.49% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Fukuda's annualized net income for the quarter that ended in Dec. 2025 was 円4,384 Mil. Fukuda's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was 円88,829 Mil. Therefore, Fukuda's annualized ROE % for the quarter that ended in Dec. 2025 was 4.94%.

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

TSE:1899' s ROE % Range Over the Past 10 Years
Min: 4.3   Med: 8.21   Max: 16.83
Current: 6.88

During the past 13 years, Fukuda's highest ROE % was 16.83%. The lowest was 4.30%. And the median was 8.21%.

TSE:1899's ROE % is ranked better than
50.49% of 1747 companies
in the Construction industry
Industry Median: 6.74 vs TSE:1899: 6.88

Fukuda  (TSE:1899) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=4384/88829
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4384 / 192908)*(192908 / 147621)*(147621 / 88829)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.27 %*1.3068*1.6619
=ROA %*Equity Multiplier
=2.97 %*1.6619
=4.94 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=4384/88829
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4384 / 5152) * (5152 / 5360) * (5360 / 192908) * (192908 / 147621) * (147621 / 88829)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8509 * 0.9612 * 2.78 % * 1.3068 * 1.6619
=4.94 %

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


Fukuda ROE % Related Terms


Fukuda ROE % Historical Data

* Premium members only.

The historical data trend for Fukuda'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.

Fukuda ROE % Chart

Fukuda Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.01 4.75 4.30 6.46 6.36

Fukuda 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 7.27 4.79 8.75 4.94 8.94

TSE:1899 vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, Fukuda'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.


Fukuda ROE % vs Construction Industry

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

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


TSE:1899
52GF Score
Fukuda Corp TSE:1899
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fukuda ROE % Calculation

Fukuda's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=5548/( (84659+89804)/ 2 )
=5548/87231.5
=6.36 %

Fukuda's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=4384/( (87854+89804)/ 2 )
=4384/88829
=4.94 %

* 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 (Dec. 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 4.94% mean?
Fukuda (TSE:1899) has a ROE % of 4.94% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Fukuda and its competitors. This is 40% below median its historical median of 8.21. Over the past decade, Fukuda's ROE % has ranged from 4.30 to 16.83. According to the industry distribution chart, Fukuda ranks #865 out of 1747 companies in the Construction industry, placing it in the top 49.5%.
Is Fukuda's ROE % too high?
Fukuda's current ROE % of 4.94% is 40% below median its 10-year median of 8.21. Over the past 10 years, this metric has ranged from a low of 4.30 to a high of 16.83. The Construction industry median ROE % is 6.74. Fukuda's value of 4.94% is 26.7% below this industry median. Based on the distribution chart, Fukuda ranks #865 out of 1747 companies in the Construction industry, which is above the industry midpoint. Overall, Fukuda has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fukuda's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Fukuda ranks #865 out of 1747 companies for ROE %. This puts Fukuda in the upper half of its industry. The industry median ROE % is 6.74. Fukuda's value of 4.94% is 26.7% below this benchmark. Historically, Fukuda's own ROE % has ranged from 4.30 to 16.83 over the past decade. While the company's 10-year median is 8.21 vs. the industry median of 6.74, Fukuda has consistently been below 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 Construction company?
The median ROE % among Construction companies is 6.74, based on 1,747 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. Fukuda's current ROE % of 4.94% is 26.7% below 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 Fukuda and its competitors. For the Construction industry, the median ROE % is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fukuda's current ROE % is 4.94%, which is 40% below median its own 10-year median of 8.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fukuda stock overvalued right now?
Based on GuruFocus' analysis, Fukuda (TSE:1899) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,810.05, compared to a current price of 円3,720.00 — trading 32.4% above its estimated fair value. The current ROE % is 4.94%, which is 40% below median its 10-year median of 8.21 and 26.7% below the Construction industry median of 6.74. Fukuda's overall GF Score™ is 52/100 with 1 warning sign 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 Fukuda (TSE:1899), the current ROE % is 4.94% as of Dec. 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 Fukuda (TSE:1899) Overvalued in 2026?

Based on GuruFocus' analysis, Fukuda stock appears to be overvalued. The current stock price of 円3,720.00 is trading 32.4% above its estimated GF Value™ of 円2,810.05. GuruFocus considers Fukuda to be Significantly Overvalued.

Key valuation signals for TSE:1899:

  • ROE %: 4.94% (40% below median its 10-year median of 8.21)
  • GF Value™: 円2,810.05 vs. price of 円3,720.00 (32.4% above fair value)
  • GF Score™: 52/100 with 1 warning sign
  • Industry Position: 26.7% below the Construction median (#865 of 1747)

No single metric tells the full story. See the TSE:1899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fukuda Business Description

Address 11-2, Akashi-cho, Chuo-ku, Niigata, JPN, 104-0044
Fukuda Corporation is a construction company that develops infrastructure in Japan. Its projects range from railways to ports, harbors, energy facilities, and roadways. The company's activities include construction work contracting, planning, design, administrative supervision, and consulting; sale, exchange, lease, intermediation, and management of real estate; construction and sale of residential properties; and reclamation and sale of land. It also processes, sells and leases materials for construction, equipment, and machinery.
52GF Score

Get the complete analysis for TSE:1899

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

円3,720.00
Price
円2,810.05
GF Value