EPCO Co (TSE:2311) ROE %: 6.32% (As of Jun. 2026) — 43% Below Median

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TSE:2311 EPCO Co Ltd TSE:2311
71 GF Score
Price 円785.00
GF Value 円931.85
Valuation Modestly Undervalued
! 3 Warning Signs
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What is EPCO Co ROE %?

EPCO Co TSE:2311 +0.38% 71 ROE % is 6.32% as of Jun. 2026, which is 43% below its 10-year median of 11.16. GuruFocus rates TSE:2311 with a GF Score™ of 71/100 and a GF Value™ of 円931.85 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,748 Construction companies, EPCO Co ranks better than 56.86% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. EPCO Co's annualized net income for the quarter that ended in Jun. 2026 was 円294 Mil. EPCO Co's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was 円4,651 Mil. Therefore, EPCO Co's annualized ROE % for the quarter that ended in Jun. 2026 was 6.32%.

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

TSE:2311' s ROE % Range Over the Past 10 Years
Min: 7.02   Med: 11.16   Max: 14.12
Current: 8.66

During the past 13 years, EPCO Co's highest ROE % was 14.12%. The lowest was 7.02%. And the median was 11.16%.

TSE:2311's ROE % is ranked better than
56.86% of 1748 companies
in the Construction industry
Industry Median: 6.69 vs TSE:2311: 8.66

EPCO Co  (TSE:2311) 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: Jun. 2026 )
=Net Income/Total Stockholders Equity
=294.124/4650.935
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(294.124 / 7349.86)*(7349.86 / 5670.284)*(5670.284 / 4650.935)
=Net Margin %*Asset Turnover*Equity Multiplier
=4 %*1.2962*1.2192
=ROA %*Equity Multiplier
=5.18 %*1.2192
=6.32 %

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: Jun. 2026 )
=Net Income/Total Stockholders Equity
=294.124/4650.935
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (294.124 / 453.112) * (453.112 / 462.556) * (462.556 / 7349.86) * (7349.86 / 5670.284) * (5670.284 / 4650.935)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6491 * 0.9796 * 6.29 % * 1.2962 * 1.2192
=6.32 %

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


EPCO Co ROE % Related Terms


EPCO Co ROE % Historical Data

* Premium members only.

The historical data trend for EPCO 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.

EPCO Co ROE % Chart

EPCO 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 14.12 7.61 13.82 7.02 9.12

EPCO Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 13.34 8.43 11.27 8.62 6.32

TSE:2311 vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, EPCO 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.


EPCO Co ROE % vs Construction Industry

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

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


TSE:2311
71GF Score
EPCO Co Ltd TSE:2311
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EPCO Co ROE % Calculation

EPCO 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 )
=424.869/( (4645.339+4674.89)/ 2 )
=424.869/4660.1145
=9.12 %

EPCO Co's annualized ROE % for the quarter that ended in Jun. 2026 is calculated as

ROE %=Net Income (Q: Jun. 2026 )/( (Total Stockholders Equity (Q: Mar. 2026 )+Total Stockholders Equity (Q: Jun. 2026 ))/ count )
=294.124/( (4607.634+4694.236)/ 2 )
=294.124/4650.935
=6.32 %

* 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 (Jun. 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 6.32% mean?
EPCO Co (TSE:2311) has a ROE % of 6.32% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on EPCO Co and its competitors. This is 43% below median its historical median of 11.16. Over the past decade, EPCO Co's ROE % has ranged from 7.02 to 14.12. According to the industry distribution chart, EPCO Co ranks #754 out of 1748 companies in the Construction industry, placing it in the top 43.1%.
Is EPCO Co's ROE % too high?
EPCO Co's current ROE % of 6.32% is 43% below median its 10-year median of 11.16. Over the past 10 years, this metric has ranged from a low of 7.02 to a high of 14.12. The Construction industry median ROE % is 6.69. EPCO Co's value of 6.32% is 5.5% below this industry median. Based on the distribution chart, EPCO Co ranks #754 out of 1748 companies in the Construction industry, which is above the industry midpoint. Overall, EPCO Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EPCO Co's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, EPCO Co ranks #754 out of 1748 companies for ROE %. This puts EPCO Co in the upper half of its industry. The industry median ROE % is 6.69. EPCO Co's value of 6.32% is 5.5% below this benchmark. Historically, EPCO Co's own ROE % has ranged from 7.02 to 14.12 over the past decade. While the company's 10-year median is 11.16 vs. the industry median of 6.69, EPCO Co 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 6.69, based on 1,748 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. EPCO Co's current ROE % of 6.32% is 5.5% 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 EPCO Co and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EPCO Co's current ROE % is 6.32%, which is 43% below median its own 10-year median of 11.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EPCO Co stock overvalued right now?
Based on GuruFocus' analysis, EPCO Co (TSE:2311) is currently considered Modestly Undervalued. The stock's GF Value™ is 円931.85, compared to a current price of 円785.00 — trading 15.8% below its estimated fair value. The current ROE % is 6.32%, which is 43% below median its 10-year median of 11.16 and 5.5% below the Construction industry median of 6.69. EPCO Co's overall GF Score™ is 71/100 with 3 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 EPCO Co (TSE:2311), the current ROE % is 6.32% as of Jun. 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 EPCO Co (TSE:2311) Overvalued in 2026?

Based on GuruFocus' analysis, EPCO Co stock appears to be undervalued. The current stock price of 円785.00 is trading 15.8% below its estimated GF Value™ of 円931.85. GuruFocus considers EPCO Co to be Modestly Undervalued.

Key valuation signals for TSE:2311:

  • ROE %: 6.32% (43% below median its 10-year median of 11.16)
  • GF Value™: 円931.85 vs. price of 円785.00 (15.8% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 5.5% below the Construction median (#754 of 1748)

No single metric tells the full story. See the TSE:2311 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EPCO Co Business Description

Address 4-1-3 Taihei Sumida-ku, Orinas Tower 12th Floor, Tokyo, JPN, 130-0012
EPCO Co Ltd is a design consulting company. Its core business activity is to provide design services and architectural design services. The company offers design services for residential areas in general, including the design of solar light and storage batteries, support for the net, zero, energy and house applications. In addition, it also provides water supply and drainage facility design and electrical facility design essential for housing.
71GF Score

Get the complete analysis for TSE:2311

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

円785.00
Price
円931.85
GF Value