Asukanet CoTSE:2438 51 ROE % is 10.17% as of Apr. 2026, which is 50% above its 10-year median of 6.76. GuruFocus rates TSE:2438 with a GF Score™ of 51/100 and a GF Value™ of 円506.73 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 92 Personal Services companies, Asukanet Co ranks worse than 55.43% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Asukanet Co's annualized net income for the quarter that ended in Apr. 2026 was 円539 Mil. Asukanet Co's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was 円5,296 Mil. Therefore, Asukanet Co's annualized ROE % for the quarter that ended in Apr. 2026 was 10.17%.
The historical rank and industry rank for Asukanet Co's ROE % or its related term are showing as below:
TSE:2438'
s ROE % Range Over the Past 10 Years
Min: -4.56 Med: 6.76 Max: 13.02
Current: 5.5
During the past 13 years, Asukanet Co's highest ROE % was 13.02%. The lowest was -4.56%. And the median was 6.76%.
TSE:2438's ROE % is ranked worse than 55.43% of 92
companies
in the Personal Services industry
Industry Median: 6.15
vs TSE:2438: 5.50
Asukanet Co (TSE:2438) 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 two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 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.
Asukanet Co ROE % Related Terms
Asukanet Co ROE % Historical Data
* Premium members only.
The historical data trend for Asukanet 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 Personal Services subindustry, Asukanet 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.
Asukanet Co ROE % vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Asukanet Co's ROE % distribution charts can be found below:
* The bar in red indicates where Asukanet 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 two times the semi-annual (Apr. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Asukanet Co (TSE:2438) has a ROE % of 10.17% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Asukanet Co and its competitors. This is 50% above median its historical median of 6.76. According to the industry distribution chart, Asukanet Co ranks #51 out of 92 companies in the Personal Services industry, placing it in the top 55.4%.
Is Asukanet Co's ROE % too high?
Asukanet Co's current ROE % of 10.17% is 50% above median its 10-year median of 6.76. The Personal Services industry median ROE % is 6.15. Asukanet Co's value of 10.17% is 65.4% above this industry median. Based on the distribution chart, Asukanet Co ranks #51 out of 92 companies in the Personal Services industry, which is below the industry midpoint. Overall, Asukanet Co has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asukanet Co's ROE % compare to ROL and SCI?
According to the Personal Services industry distribution chart, Asukanet Co ranks #51 out of 92 companies for ROE %. This places Asukanet Co in the lower half of its industry. The industry median ROE % is 6.15. Asukanet Co's value of 10.17% is 65.4% above this benchmark. While the company's 10-year median is 6.76 vs. the industry median of 6.15, Asukanet 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 Personal Services company?
The median ROE % among Personal Services companies is 6.15, based on 92 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. Asukanet Co's current ROE % of 10.17% is 65.4% 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 Asukanet Co and its competitors. For the Personal Services industry, the median ROE % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asukanet Co's current ROE % is 10.17%, which is 50% above median its own 10-year median of 6.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asukanet Co stock overvalued right now?
Based on GuruFocus' analysis, Asukanet Co (TSE:2438) is currently considered Significantly Undervalued. The stock's GF Value™ is 円506.73, compared to a current price of 円311.00 — trading 38.6% below its estimated fair value. The current ROE % is 10.17%, which is 50% above median its 10-year median of 6.76 and 65.4% above the Personal Services industry median of 6.15. Asukanet Co's overall GF Score™ is 51/100 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 Asukanet Co (TSE:2438), the current ROE % is 10.17% as of Apr. 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 Asukanet Co (TSE:2438) Overvalued in 2026?
Based on GuruFocus' analysis, Asukanet Co stock appears to be undervalued.
The current stock price of 円311.00 is trading 38.6% below its estimated GF Value™ of 円506.73.
GuruFocus considers Asukanet Co to be Significantly Undervalued.
Key valuation signals for TSE:2438:
ROE %: 10.17% (50% above median its 10-year median of 6.76)
GF Value™: 円506.73 vs. price of 円311.00 (38.6% below fair value)
Industry Position: 65.4% above the Personal Services median (#51 of 92)
No single metric tells the full story. See the TSE:2438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asukanet Co Ltd is engaged in the business of memorial design services which provides digital processing services for portraits of deceased persons, and the provision of funeral-related production services. It is also engaged in the manufacture and sale of individual photo albums. It is also involved in the research and marketing activities related to aerial imaging technology.
51GF Score
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