CSS HOLDINGSTSE:2304 +0.98%67 ROE % is 25.87% as of Mar. 2026, which is 350% above its 10-year median of 5.75. GuruFocus rates TSE:2304 with a GF Score™ of 67/100 and a GF Value™ of 円1,089.35 (Modestly Undervalued). Among 1,059 Business Services companies, CSS HOLDINGS ranks better than 84.04% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CSS HOLDINGS's annualized net income for the quarter that ended in Mar. 2026 was 円839 Mil. CSS HOLDINGS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円3,243 Mil. Therefore, CSS HOLDINGS's annualized ROE % for the quarter that ended in Mar. 2026 was 25.87%.
The historical rank and industry rank for CSS HOLDINGS's ROE % or its related term are showing as below:
TSE:2304'
s ROE % Range Over the Past 10 Years
Min: -17.89 Med: 5.75 Max: 21.8
Current: 21.8
During the past 13 years, CSS HOLDINGS's highest ROE % was 21.80%. The lowest was -17.89%. And the median was 5.75%.
TSE:2304's ROE % is ranked better than 84.04% of 1059
companies
in the Business Services industry
Industry Median: 8.1
vs TSE:2304: 21.80
CSS HOLDINGS (TSE:2304) 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:
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.
CSS HOLDINGS ROE % Related Terms
CSS HOLDINGS ROE % Historical Data
* Premium members only.
The historical data trend for CSS HOLDINGS'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.
For the Specialty Business Services subindustry, CSS HOLDINGS'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.
CSS HOLDINGS ROE % vs Business Services Industry
For the Business Services industry and Industrials sector, CSS HOLDINGS's ROE % distribution charts can be found below:
* The bar in red indicates where CSS HOLDINGS's ROE % falls into.
* 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.
CSS HOLDINGS (TSE:2304) has a ROE % of 25.87% 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 CSS HOLDINGS and its competitors. This is 350% above median its historical median of 5.75. According to the industry distribution chart, CSS HOLDINGS ranks #169 out of 1059 companies in the Business Services industry, placing it in the top 16%.
Is CSS HOLDINGS's ROE % too high?
CSS HOLDINGS's current ROE % of 25.87% is 350% above median its 10-year median of 5.75. The Business Services industry median ROE % is 8.10. CSS HOLDINGS's value of 25.87% is 219.4% above this industry median. Based on the distribution chart, CSS HOLDINGS ranks #169 out of 1059 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, CSS HOLDINGS has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CSS HOLDINGS's ROE % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, CSS HOLDINGS ranks #169 out of 1059 companies for ROE %. This places CSS HOLDINGS in the top 16% of its industry — outperforming the majority of peers. The industry median ROE % is 8.10. CSS HOLDINGS's value of 25.87% is 219.4% above this benchmark. While the company's 10-year median is 5.75 vs. the industry median of 8.10, CSS HOLDINGS 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 8.10, based on 1,059 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. CSS HOLDINGS's current ROE % of 25.87% is 219.4% 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 CSS HOLDINGS and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSS HOLDINGS's current ROE % is 25.87%, which is 350% above median its own 10-year median of 5.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSS HOLDINGS stock overvalued right now?
Based on GuruFocus' analysis, CSS HOLDINGS (TSE:2304) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,089.35, compared to a current price of 円926.00 — trading 15% below its estimated fair value. The current ROE % is 25.87%, which is 350% above median its 10-year median of 5.75 and 219.4% above the Business Services industry median of 8.10. CSS HOLDINGS's overall GF Score™ is 67/100. 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 CSS HOLDINGS (TSE:2304), the current ROE % is 25.87% 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 CSS HOLDINGS (TSE:2304) Overvalued in 2026?
Based on GuruFocus' analysis, CSS HOLDINGS stock appears to be undervalued.
The current stock price of 円926.00 is trading 15% below its estimated GF Value™ of 円1,089.35.
GuruFocus considers CSS HOLDINGS to be Modestly Undervalued.
Key valuation signals for TSE:2304:
ROE %: 25.87% (350% above median its 10-year median of 5.75)
GF Value™: 円1,089.35 vs. price of 円926.00 (15% below fair value)
Industry Position: 219.4% above the Business Services median (#169 of 1059)
No single metric tells the full story. See the TSE:2304 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CSS HOLDINGS Ltd is a holding company engaged in the operation and management of its group companies. It operates Steward Business; dishwashing and management work centered on hotels and restaurants, Food Business; which handles employee cafeteria and restaurant management contracts through its subsidiaries, Space Produce Business; designs, constructs, manages, and sells items related to video, audio, broadcasting and security, and Others includes general affairs, personnel, and management related business.
67GF Score
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