JAC Recruitment Co (TSE:2124) ROE %: 25.43% (As of Dec. 2025) — 24% Below Median


TSE:2124 JAC Recruitment Co Ltd TSE:2124
87 GF Score
Price 円852.00
GF Value 円1,040.55
Valuation Modestly Undervalued
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What is JAC Recruitment Co ROE %?

JAC Recruitment Co TSE:2124 -0.58% 87 ROE % is 25.43% as of Dec. 2025, which is 24% below its 10-year median of 33.26. GuruFocus rates TSE:2124 with a GF Score™ of 87/100 and a GF Value™ of 円1,040.55 (Modestly Undervalued). Among 1,058 Business Services companies, JAC Recruitment Co ranks better than 96.41% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. JAC Recruitment Co's annualized net income for the quarter that ended in Dec. 2025 was 円5,540 Mil. JAC Recruitment Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was 円21,790 Mil. Therefore, JAC Recruitment Co's annualized ROE % for the quarter that ended in Dec. 2025 was 25.43%.

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

TSE:2124' s ROE % Range Over the Past 10 Years
Min: 12.16   Med: 33.26   Max: 46.04
Current: 46.04

During the past 13 years, JAC Recruitment Co's highest ROE % was 46.04%. The lowest was 12.16%. And the median was 33.26%.

TSE:2124's ROE % is ranked better than
96.41% of 1058 companies
in the Business Services industry
Industry Median: 8.06 vs TSE:2124: 46.04

JAC Recruitment Co  (TSE:2124) 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
=5540/21789.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5540 / 42800)*(42800 / 28970.5)*(28970.5 / 21789.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.94 %*1.4774*1.3296
=ROA %*Equity Multiplier
=19.12 %*1.3296
=25.43 %

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
=5540/21789.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5540 / 7100) * (7100 / 7444) * (7444 / 42800) * (42800 / 28970.5) * (28970.5 / 21789.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7803 * 0.9538 * 17.39 % * 1.4774 * 1.3296
=25.43 %

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.


JAC Recruitment Co ROE % Related Terms


JAC Recruitment Co ROE % Historical Data

* Premium members only.

The historical data trend for JAC Recruitment 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.

JAC Recruitment Co ROE % Chart

JAC Recruitment Co 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 28.04 34.74 36.45 31.78 41.55

JAC Recruitment Co 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 54.06 44.24 55.31 25.43 56.83

TSE:2124 vs KFY, RHI, TNET: ROE % Comparison

For the Staffing & Employment Services subindustry, JAC Recruitment 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.


JAC Recruitment Co ROE % vs Business Services Industry

For the Business Services industry and Industrials sector, JAC Recruitment Co's ROE % distribution charts can be found below:

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


TSE:2124
87GF Score
JAC Recruitment Co Ltd TSE:2124
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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JAC Recruitment Co ROE % Calculation

JAC Recruitment Co'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 )
=8400/( (18094+22344)/ 2 )
=8400/20219
=41.55 %

JAC Recruitment Co'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 )
=5540/( (21235+22344)/ 2 )
=5540/21789.5
=25.43 %

* 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 25.43% mean?
JAC Recruitment Co (TSE:2124) has a ROE % of 25.43% 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 JAC Recruitment Co and its competitors. This is 24% below median its historical median of 33.26. Over the past decade, JAC Recruitment Co's ROE % has ranged from 12.16 to 46.04. According to the industry distribution chart, JAC Recruitment Co ranks #38 out of 1058 companies in the Business Services industry, placing it in the top 3.6%.
Is JAC Recruitment Co's ROE % too high?
JAC Recruitment Co's current ROE % of 25.43% is 24% below median its 10-year median of 33.26. Over the past 10 years, this metric has ranged from a low of 12.16 to a high of 46.04. The Business Services industry median ROE % is 8.06. JAC Recruitment Co's value of 25.43% is 215.5% above this industry median. Based on the distribution chart, JAC Recruitment Co ranks #38 out of 1058 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, JAC Recruitment Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JAC Recruitment Co's ROE % compare to KFY and RHI?
According to the Business Services industry distribution chart, JAC Recruitment Co ranks #38 out of 1058 companies for ROE %. This places JAC Recruitment Co in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 8.06. JAC Recruitment Co's value of 25.43% is 215.5% above this benchmark. Historically, JAC Recruitment Co's own ROE % has ranged from 12.16 to 46.04 over the past decade. While the company's 10-year median is 33.26 vs. the industry median of 8.06, JAC Recruitment 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 Business Services company?
The median ROE % among Business Services companies is 8.06, based on 1,058 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. JAC Recruitment Co's current ROE % of 25.43% is 215.5% 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 JAC Recruitment Co and its competitors. For the Business Services industry, the median ROE % is 8.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JAC Recruitment Co's current ROE % is 25.43%, which is 24% below median its own 10-year median of 33.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JAC Recruitment Co stock overvalued right now?
Based on GuruFocus' analysis, JAC Recruitment Co (TSE:2124) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,040.55, compared to a current price of 円852.00 — trading 18.1% below its estimated fair value. The current ROE % is 25.43%, which is 24% below median its 10-year median of 33.26 and 215.5% above the Business Services industry median of 8.06. JAC Recruitment Co's overall GF Score™ is 87/100. 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 JAC Recruitment Co (TSE:2124), the current ROE % is 25.43% 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 JAC Recruitment Co (TSE:2124) Overvalued in 2026?

Based on GuruFocus' analysis, JAC Recruitment Co stock appears to be undervalued. The current stock price of 円852.00 is trading 18.1% below its estimated GF Value™ of 円1,040.55. GuruFocus considers JAC Recruitment Co to be Modestly Undervalued.

Key valuation signals for TSE:2124:

  • ROE %: 25.43% (24% below median its 10-year median of 33.26)
  • GF Value™: 円1,040.55 vs. price of 円852.00 (18.1% below fair value)
  • GF Score™: 87/100
  • Industry Position: 215.5% above the Business Services median (#38 of 1058)

No single metric tells the full story. See the TSE:2124 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JAC Recruitment Co Business Description

Address 1-105 Kanda Jimbocho, Chiyoda-ku, 14th Floor Jinbocho Mitsui Building, Tokyo, JPN, 101-0051
JAC Recruitment Co Ltd provide appropriate and attentive consultation services to both companies seeking talent and candidates who wish to change jobs. Its recruitment services include JAC Recruitment, JAC Digital, JAC Executive, JAC International, JAC Career, VantagePoint, JAC Interim Professional Solutions, JAC RPO, and CareerCross.
87GF Score

Get the complete analysis for TSE:2124

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

円852.00
Price
円1,040.55
GF Value