GNI Group (TSE:2160) ROE %: -16.99% (As of Mar. 2026)


TSE:2160 GNI Group Ltd TSE:2160
84 GF Score
Price 円2,517.00
GF Value 円2,777.99
Valuation Fairly Valued
! 5 Warning Signs
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What is GNI Group ROE %?

GNI Group TSE:2160 -2.52% 84 ROE % is -16.99% as of Mar. 2026. GuruFocus rates TSE:2160 with a GF Score™ of 84/100 and a GF Value™ of 円2,777.99 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,255 Biotechnology companies, GNI Group ranks better than 67.25% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. GNI Group's annualized net income for the quarter that ended in Mar. 2026 was 円-8,508 Mil. GNI Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円50,091 Mil. Therefore, GNI Group's annualized ROE % for the quarter that ended in Mar. 2026 was -16.99%.

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

TSE:2160' s ROE % Range Over the Past 10 Years
Min: -14.46   Med: 1.9   Max: 29.56
Current: -13.3

During the past 13 years, GNI Group's highest ROE % was 29.56%. The lowest was -14.46%. And the median was 1.90%.

TSE:2160's ROE % is ranked better than
67.25% of 1255 companies
in the Biotechnology industry
Industry Median: -38.18 vs TSE:2160: -13.30

GNI Group  (TSE:2160) 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
=-8508/50091
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8508 / 22104)*(22104 / 83193)*(83193 / 50091)
=Net Margin %*Asset Turnover*Equity Multiplier
=-38.49 %*0.2657*1.6608
=ROA %*Equity Multiplier
=-10.23 %*1.6608
=-16.99 %

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
=-8508/50091
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-8508 / -12748) * (-12748 / -10996) * (-10996 / 22104) * (22104 / 83193) * (83193 / 50091)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6674 * 1.1593 * -49.75 % * 0.2657 * 1.6608
=-16.99 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


GNI Group ROE % Related Terms


GNI Group ROE % Historical Data

* Premium members only.

The historical data trend for GNI 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.

GNI Group ROE % Chart

GNI Group 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 7.14 1.95 29.56 3.13 -9.80

GNI Group 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 -6.01 -4.44 3.94 -29.93 -16.99

TSE:2160 vs VRTX, REGN, ALNY: ROE % Comparison

For the Biotechnology subindustry, GNI 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.


GNI Group ROE % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, GNI Group's ROE % distribution charts can be found below:

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


TSE:2160
84GF Score
GNI Group Ltd TSE:2160
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GNI Group ROE % Calculation

GNI Group'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 )
=-4244/( (36446+50152)/ 2 )
=-4244/43299
=-9.80 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-8508/( (50152+50030)/ 2 )
=-8508/50091
=-16.99 %

* 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 (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 -16.99% mean?
GNI Group (TSE:2160) has a ROE % of -16.99% 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 GNI Group and its competitors. According to the industry distribution chart, GNI Group ranks #411 out of 1255 companies in the Biotechnology industry, placing it in the top 32.7%.
Is GNI Group's ROE % too high?
GNI Group's current ROE % is -16.99%. Based on the distribution chart, GNI Group ranks #411 out of 1255 companies in the Biotechnology industry, which is above the industry midpoint. Overall, GNI Group has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GNI Group's ROE % compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, GNI Group ranks #411 out of 1255 companies for ROE %. This puts GNI Group in the upper half of its industry. 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 Biotechnology company?
A good ROE % depends on the Biotechnology industry context. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 GNI Group and its competitors. GNI Group's current ROE % is -16.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GNI Group stock overvalued right now?
Based on GuruFocus' analysis, GNI Group (TSE:2160) is currently considered Fairly Valued. The stock's GF Value™ is 円2,777.99, compared to a current price of 円2,517.00 — trading 9.4% below its estimated fair value. The current ROE % is -16.99%. GNI Group's overall GF Score™ is 84/100 with 5 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 GNI Group (TSE:2160), the current ROE % is -16.99% 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 GNI Group (TSE:2160) Overvalued in 2026?

Based on GuruFocus' analysis, GNI Group stock appears to be undervalued. The current stock price of 円2,517.00 is trading 9.4% below its estimated GF Value™ of 円2,777.99. GuruFocus considers GNI Group to be Fairly Valued.

Key valuation signals for TSE:2160:

  • ROE %: -16.99%
  • GF Value™: 円2,777.99 vs. price of 円2,517.00 (9.4% below fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the TSE:2160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GNI Group Business Description

Address 2-2-2 Nihonbashi Honcho, 3rd Floor, Nihonbashi Honcho YS Building, Chuo-ku, Tokyo, JPN, 103-0023
GNI Group Ltd is a clinical stage drug development company. It works on the treatment of diseases that are more common in Asia, especially Japan and China. It is engaged in the discovery, development, manufacture, and sale of drugs for the treatment of cancer and inflammatory diseases.
84GF Score

Get the complete analysis for TSE:2160

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

円2,517.00
Price
円2,777.99
GF Value