ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Forside Co's annualized net income for the quarter that ended in Dec. 2025 was 円0 Mil. Forside Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was 円3,045 Mil. Therefore, Forside Co's annualized ROE % for the quarter that ended in Dec. 2025 was 0.00%.
The historical rank and industry rank for Forside Co's ROE % or its related term are showing as below:
TSE:2330'
s ROE % Range Over the Past 10 Years
Min: -36.89 Med: 2.83 Max: 15.8
Current: 5.21
During the past 13 years, Forside Co's highest ROE % was 15.80%. The lowest was -36.89%. And the median was 2.83%.
TSE:2330's ROE % is ranked worse than 51.28% of 823
companies
in the Travel & Leisure industry
Industry Median: 5.44
vs TSE:2330: 5.21
Forside Co (TSE:2330) 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 (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.
Forside Co ROE % Related Terms
Forside Co ROE % Historical Data
* Premium members only.
The historical data trend for Forside 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.
For the Leisure subindustry, Forside 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.
Forside Co ROE % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Forside Co's ROE % distribution charts can be found below:
* The bar in red indicates where Forside Co'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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Forside Co (TSE:2330) has a ROE % of 0.00% 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 Forside Co and its competitors. According to the industry distribution chart, Forside Co ranks #422 out of 823 companies in the Travel & Leisure industry, placing it in the top 51.3%.
Is Forside Co's ROE % too high?
Forside Co's current ROE % is 0.00%. Based on the distribution chart, Forside Co ranks #422 out of 823 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Forside Co has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forside Co's ROE % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Forside Co ranks #422 out of 823 companies for ROE %. This places Forside Co in the lower half of its industry. The industry median ROE % is 5.44. 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 Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.44, based on 823 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. 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 Forside Co and its competitors. For the Travel & Leisure industry, the median ROE % is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forside Co's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forside Co stock overvalued right now?
Based on GuruFocus' analysis, Forside Co (TSE:2330) is currently considered Significantly Undervalued. The stock's GF Value™ is 円264.87, compared to a current price of 円80.00 — trading 69.8% below its estimated fair value. The current ROE % is 0.00%. Forside Co's overall GF Score™ is 53/100 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 Forside Co (TSE:2330), the current ROE % is 0.00% 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 Forside Co (TSE:2330) Overvalued in 2026?
Based on GuruFocus' analysis, Forside Co stock appears to be undervalued.
The current stock price of 円80.00 is trading 69.8% below its estimated GF Value™ of 円264.87.
GuruFocus considers Forside Co to be Significantly Undervalued.
Key valuation signals for TSE:2330:
ROE %: 0.00%
GF Value™: 円264.87 vs. price of 円80.00 (69.8% below fair value)
No single metric tells the full story. See the TSE:2330 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forside Co Ltd is a Japan-based company engaged in the content business. The company provides guidance in the areas concerning investment banking, merger and acquisition, financing and other related financial services. Its reportable segments are Prize Business, Real Estate-Related Business, Content Business, Event Business, Master Rights Business, AI-Related Business, and Logistics-Related Business.
53GF Score
Get the complete analysis for TSE:2330
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:2330 has been successfully added to your 
