Kyowanissei Co (TSE:1981) ROE %: 7.29% (As of Mar. 2026) — 19% Above Median


TSE:1981 Kyowanissei Co Ltd TSE:1981
62 GF Score
Price 円1,310.00
GF Value 円1,645.78
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Kyowanissei Co ROE %?

Kyowanissei Co TSE:1981 +0.08% 62 ROE % is 7.29% as of Mar. 2026, which is 19% above its 10-year median of 6.13. GuruFocus rates TSE:1981 with a GF Score™ of 62/100 and a GF Value™ of 円1,645.78 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,738 Construction companies, Kyowanissei Co ranks worse than 52.19% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kyowanissei Co's annualized net income for the quarter that ended in Mar. 2026 was 円1,398 Mil. Kyowanissei Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円19,191 Mil. Therefore, Kyowanissei Co's annualized ROE % for the quarter that ended in Mar. 2026 was 7.29%.

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

TSE:1981' s ROE % Range Over the Past 10 Years
Min: 5.08   Med: 6.13   Max: 10.85
Current: 6.26

During the past 13 years, Kyowanissei Co's highest ROE % was 10.85%. The lowest was 5.08%. And the median was 6.13%.

TSE:1981's ROE % is ranked worse than
52.19% of 1738 companies
in the Construction industry
Industry Median: 6.715 vs TSE:1981: 6.26

Kyowanissei Co  (TSE:1981) 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
=1398.348/19191.032
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1398.348 / 41230.56)*(41230.56 / 28744.488)*(28744.488 / 19191.032)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.39 %*1.4344*1.4978
=ROA %*Equity Multiplier
=4.86 %*1.4978
=7.29 %

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
=1398.348/19191.032
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1398.348 / 1836.622) * (1836.622 / 1610.358) * (1610.358 / 41230.56) * (41230.56 / 28744.488) * (28744.488 / 19191.032)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7614 * 1.1405 * 3.91 % * 1.4344 * 1.4978
=7.29 %

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.


Kyowanissei Co ROE % Related Terms


Kyowanissei Co ROE % Historical Data

* Premium members only.

The historical data trend for Kyowanissei 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.

Kyowanissei Co ROE % Chart

Kyowanissei 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 6.25 5.30 5.83 6.02 6.18

Kyowanissei 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 8.34 2.28 9.85 5.29 7.29

TSE:1981 vs TT, JCI, CARR: ROE % Comparison

For the Building Products & Equipment subindustry, Kyowanissei 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.


Kyowanissei Co ROE % vs Construction Industry

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

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


TSE:1981
62GF Score
Kyowanissei Co Ltd TSE:1981
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kyowanissei Co ROE % Calculation

Kyowanissei 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 )
=1194.777/( (18869.872+19779.933)/ 2 )
=1194.777/19324.9025
=6.18 %

Kyowanissei 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 )
=1398.348/( (18602.131+19779.933)/ 2 )
=1398.348/19191.032
=7.29 %

* 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 7.29% mean?
Kyowanissei Co (TSE:1981) has a ROE % of 7.29% 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 Kyowanissei Co and its competitors. This is 19% above median its historical median of 6.13. Over the past decade, Kyowanissei Co's ROE % has ranged from 5.08 to 10.85. According to the industry distribution chart, Kyowanissei Co ranks #907 out of 1738 companies in the Construction industry, placing it in the top 52.2%.
Is Kyowanissei Co's ROE % too high?
Kyowanissei Co's current ROE % of 7.29% is 19% above median its 10-year median of 6.13. Over the past 10 years, this metric has ranged from a low of 5.08 to a high of 10.85. The Construction industry median ROE % is 6.72. Kyowanissei Co's value of 7.29% is 8.6% above this industry median. Based on the distribution chart, Kyowanissei Co ranks #907 out of 1738 companies in the Construction industry, which is below the industry midpoint. Overall, Kyowanissei Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kyowanissei Co's ROE % compare to TT and JCI?
According to the Construction industry distribution chart, Kyowanissei Co ranks #907 out of 1738 companies for ROE %. This places Kyowanissei Co in the lower half of its industry. The industry median ROE % is 6.72. Kyowanissei Co's value of 7.29% is 8.6% above this benchmark. Historically, Kyowanissei Co's own ROE % has ranged from 5.08 to 10.85 over the past decade. While the company's 10-year median is 6.13 vs. the industry median of 6.72, Kyowanissei 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 Construction company?
The median ROE % among Construction companies is 6.72, based on 1,738 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. Kyowanissei Co's current ROE % of 7.29% is 8.6% 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 Kyowanissei Co and its competitors. For the Construction industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyowanissei Co's current ROE % is 7.29%, which is 19% above median its own 10-year median of 6.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyowanissei Co stock overvalued right now?
Based on GuruFocus' analysis, Kyowanissei Co (TSE:1981) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,645.78, compared to a current price of 円1,310.00 — trading 20.4% below its estimated fair value. The current ROE % is 7.29%, which is 19% above median its 10-year median of 6.13 and 8.6% above the Construction industry median of 6.72. Kyowanissei Co's overall GF Score™ is 62/100 with 2 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 Kyowanissei Co (TSE:1981), the current ROE % is 7.29% 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 Kyowanissei Co (TSE:1981) Overvalued in 2026?

Based on GuruFocus' analysis, Kyowanissei Co stock appears to be undervalued. The current stock price of 円1,310.00 is trading 20.4% below its estimated GF Value™ of 円1,645.78. GuruFocus considers Kyowanissei Co to be Modestly Undervalued.

Key valuation signals for TSE:1981:

  • ROE %: 7.29% (19% above median its 10-year median of 6.13)
  • GF Value™: 円1,645.78 vs. price of 円1,310.00 (20.4% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 8.6% above the Construction median (#907 of 1738)

No single metric tells the full story. See the TSE:1981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kyowanissei Co Business Description

Address 3-8-5, Irifune Chuo-Ku, Tokyo, JPN, 104-0042
Kyowanissei Co Ltd is engaged in the construction business in Japan. It constructs gas facilities & apartment buildings & plant facilities It also provides maintenance, repair & installation services for sanitary equipment & air conditioning equipment. Its gasworks includes interior and underground piping work; construction and facility work include construction work, water supply, and drainage work, the air-conditioning system work and interior finishing work; electrical facility and civil engineering work include underground burial of electric cables work, engineering work, as well as water and sewerage work. Its segments include: Construction facilities business; Gas equipment business; Gas pipeline business; and Electrical installation/civil engineering business.
62GF Score

Get the complete analysis for TSE:1981

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

円1,310.00
Price
円1,645.78
GF Value