Honeys Holdings Co (TSE:2792) ROE %: 8.35% (As of Nov. 2025) — Near Median


TSE:2792 Honeys Holdings Co Ltd TSE:2792
69 GF Score
Price 円1,384.00
GF Value 円1,804.76
Valuation Modestly Undervalued
View Full Analysis

What is Honeys Holdings Co ROE %?

Honeys Holdings Co TSE:2792 -0.64% 69 ROE % is 8.35% as of Nov. 2025, which is 5% above its 10-year median of 7.94. GuruFocus rates TSE:2792 with a GF Score™ of 69/100 and a GF Value™ of 円1,804.76 (Modestly Undervalued). Among 1,092 Retail - Cyclical companies, Honeys Holdings Co ranks better than 51.56% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Honeys Holdings Co's annualized net income for the quarter that ended in Nov. 2025 was 円3,910 Mil. Honeys Holdings Co's average Total Stockholders Equity over the quarter that ended in Nov. 2025 was 円46,834 Mil. Therefore, Honeys Holdings Co's annualized ROE % for the quarter that ended in Nov. 2025 was 8.35%.

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

TSE:2792' s ROE % Range Over the Past 10 Years
Min: -0.99   Med: 7.94   Max: 13.6
Current: 6.83

During the past 13 years, Honeys Holdings Co's highest ROE % was 13.60%. The lowest was -0.99%. And the median was 7.94%.

TSE:2792's ROE % is ranked better than
51.56% of 1092 companies
in the Retail - Cyclical industry
Industry Median: 6.505 vs TSE:2792: 6.83

Honeys Holdings Co  (TSE:2792) 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: Nov. 2025 )
=Net Income/Total Stockholders Equity
=3910.256/46834.231
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3910.256 / 60025.076)*(60025.076 / 55108.592)*(55108.592 / 46834.231)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.51 %*1.0892*1.1767
=ROA %*Equity Multiplier
=7.09 %*1.1767
=8.35 %

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: Nov. 2025 )
=Net Income/Total Stockholders Equity
=3910.256/46834.231
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3910.256 / 5855.876) * (5855.876 / 6113.348) * (6113.348 / 60025.076) * (60025.076 / 55108.592) * (55108.592 / 46834.231)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6677 * 0.9579 * 10.18 % * 1.0892 * 1.1767
=8.35 %

Note: The net income data used here is four times the quarterly (Nov. 2025) net income data. The Revenue data used here is four times the quarterly (Nov. 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.


Honeys Holdings Co ROE % Related Terms


Honeys Holdings Co ROE % Historical Data

* Premium members only.

The historical data trend for Honeys Holdings 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.

Honeys Holdings Co ROE % Chart

Honeys Holdings Co Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.90 8.86 13.60 11.40 8.34

Honeys Holdings Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -0.79 15.67 7.03 8.35 -3.10

TSE:2792 vs TJX, ROST, BURL: ROE % Comparison

For the Apparel Retail subindustry, Honeys Holdings 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.


Honeys Holdings Co ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Honeys Holdings Co's ROE % distribution charts can be found below:

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


TSE:2792
69GF Score
Honeys Holdings Co Ltd TSE:2792
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honeys Holdings Co ROE % Calculation

Honeys Holdings Co's annualized ROE % for the fiscal year that ended in May. 2025 is calculated as

ROE %=Net Income (A: May. 2025 )/( (Total Stockholders Equity (A: May. 2024 )+Total Stockholders Equity (A: May. 2025 ))/ count )
=3732.755/( (44799.721+44706.953)/ 2 )
=3732.755/44753.337
=8.34 %

Honeys Holdings Co's annualized ROE % for the quarter that ended in Nov. 2025 is calculated as

ROE %=Net Income (Q: Nov. 2025 )/( (Total Stockholders Equity (Q: Aug. 2025 )+Total Stockholders Equity (Q: Nov. 2025 ))/ count )
=3910.256/( (45392.824+48275.638)/ 2 )
=3910.256/46834.231
=8.35 %

* 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 (Nov. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 8.35% mean?
Honeys Holdings Co (TSE:2792) has a ROE % of 8.35% as of Nov. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Honeys Holdings Co and its competitors. This is near median its historical median of 7.94. According to the industry distribution chart, Honeys Holdings Co ranks #529 out of 1092 companies in the Retail - Cyclical industry, placing it in the top 48.4%.
Is Honeys Holdings Co's ROE % too high?
Honeys Holdings Co's current ROE % of 8.35% is near median its 10-year median of 7.94. The Retail - Cyclical industry median ROE % is 6.51. Honeys Holdings Co's value of 8.35% is 28.4% above this industry median. Based on the distribution chart, Honeys Holdings Co ranks #529 out of 1092 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Honeys Holdings Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honeys Holdings Co's ROE % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Honeys Holdings Co ranks #529 out of 1092 companies for ROE %. This puts Honeys Holdings Co in the upper half of its industry. The industry median ROE % is 6.51. Honeys Holdings Co's value of 8.35% is 28.4% above this benchmark. While the company's 10-year median is 7.94 vs. the industry median of 6.51, Honeys Holdings 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.51, based on 1,092 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. Honeys Holdings Co's current ROE % of 8.35% is 28.4% 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 Honeys Holdings Co and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeys Holdings Co's current ROE % is 8.35%, which is near median its own 10-year median of 7.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeys Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Honeys Holdings Co (TSE:2792) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,804.76, compared to a current price of 円1,384.00 — trading 23.3% below its estimated fair value. The current ROE % is 8.35%, which is near median its 10-year median of 7.94 and 28.4% above the Retail - Cyclical industry median of 6.51. Honeys Holdings Co's overall GF Score™ is 69/100. 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 Honeys Holdings Co (TSE:2792), the current ROE % is 8.35% as of Nov. 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 Honeys Holdings Co (TSE:2792) Overvalued in 2026?

Based on GuruFocus' analysis, Honeys Holdings Co stock appears to be undervalued. The current stock price of 円1,384.00 is trading 23.3% below its estimated GF Value™ of 円1,804.76. GuruFocus considers Honeys Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:2792:

  • ROE %: 8.35% (near median its 10-year median of 7.94)
  • GF Value™: 円1,804.76 vs. price of 円1,384.00 (23.3% below fair value)
  • GF Score™: 69/100
  • Industry Position: 28.4% above the Retail - Cyclical median (#529 of 1092)

No single metric tells the full story. See the TSE:2792 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honeys Holdings Co Business Description

Address Kuranaka Character 1 of 7 Natsumoto 27, Kashima cho, Fukushima Prefecture, Iwaki City, JPN, 971-8141
Honeys Holdings Co Ltd is a Japan-based company, engages in the planning, manufacturing, and selling of women's clothing and fashion accessories The company offers its products under the brands named CINEMA CLUB, GLACIER, COLZA and Comfort Basic through specialty retail stores located in suburban shopping malls and station buildings, as well as online shopping site.
69GF Score

Get the complete analysis for TSE:2792

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

円1,384.00
Price
円1,804.76
GF Value