KENKO Mayonnaise Co (TSE:2915) ROE %: 8.16% (As of Mar. 2026) — 13% Above Median


TSE:2915 KENKO Mayonnaise Co Ltd TSE:2915
78 GF Score
Price 円2,024.00
GF Value 円2,094.61
Valuation Fairly Valued
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What is KENKO Mayonnaise Co ROE %?

KENKO Mayonnaise Co TSE:2915 +0.70% 78 ROE % is 8.16% as of Mar. 2026, which is 13% above its 10-year median of 7.19. GuruFocus rates TSE:2915 with a GF Score™ of 78/100 and a GF Value™ of 円2,094.61 (Fairly Valued). Among 1,914 Consumer Packaged Goods companies, KENKO Mayonnaise Co ranks better than 51.83% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. KENKO Mayonnaise Co's annualized net income for the quarter that ended in Mar. 2026 was 円3,362 Mil. KENKO Mayonnaise Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円41,216 Mil. Therefore, KENKO Mayonnaise Co's annualized ROE % for the quarter that ended in Mar. 2026 was 8.16%.

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

TSE:2915' s ROE % Range Over the Past 10 Years
Min: 1.32   Med: 7.19   Max: 12
Current: 7.17

During the past 13 years, KENKO Mayonnaise Co's highest ROE % was 12.00%. The lowest was 1.32%. And the median was 7.19%.

TSE:2915's ROE % is ranked better than
51.83% of 1914 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs TSE:2915: 7.17

KENKO Mayonnaise Co  (TSE:2915) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3362/41216
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3362 / 92826)*(92826 / 64240.5)*(64240.5 / 41216)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.62 %*1.445*1.5586
=ROA %*Equity Multiplier
=5.23 %*1.5586
=8.16 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3362/41216
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3362 / 4796) * (4796 / 4422) * (4422 / 92826) * (92826 / 64240.5) * (64240.5 / 41216)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.701 * 1.0846 * 4.76 % * 1.445 * 1.5586
=8.16 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


KENKO Mayonnaise Co ROE % Related Terms


KENKO Mayonnaise Co ROE % Historical Data

* Premium members only.

The historical data trend for KENKO Mayonnaise 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.

KENKO Mayonnaise Co ROE % Chart

KENKO Mayonnaise Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.36 1.32 7.22 8.88 7.18

KENKO Mayonnaise Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 11.44 11.27 6.23 6.16 8.16

TSE:2915 vs KHC, GIS: ROE % Comparison

For the Packaged Foods subindustry, KENKO Mayonnaise 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.


KENKO Mayonnaise Co ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KENKO Mayonnaise Co's ROE % distribution charts can be found below:

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


TSE:2915
78GF Score
KENKO Mayonnaise Co Ltd TSE:2915
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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KENKO Mayonnaise Co ROE % Calculation

KENKO Mayonnaise Co's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=2926/( (39963+41562)/ 2 )
=2926/40762.5
=7.18 %

KENKO Mayonnaise Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=3362/( (40870+41562)/ 2 )
=3362/41216
=8.16 %

* 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 (Mar. 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 8.16% mean?
KENKO Mayonnaise Co (TSE:2915) has a ROE % of 8.16% 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 KENKO Mayonnaise Co and its competitors. This is 13% above median its historical median of 7.19. Over the past decade, KENKO Mayonnaise Co's ROE % has ranged from 1.32 to 12.00. According to the industry distribution chart, KENKO Mayonnaise Co ranks #922 out of 1914 companies in the Consumer Packaged Goods industry, placing it in the top 48.2%.
Is KENKO Mayonnaise Co's ROE % too high?
KENKO Mayonnaise Co's current ROE % of 8.16% is 13% above median its 10-year median of 7.19. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 12.00. The Consumer Packaged Goods industry median ROE % is 6.72. KENKO Mayonnaise Co's value of 8.16% is 21.4% above this industry median. Based on the distribution chart, KENKO Mayonnaise Co ranks #922 out of 1914 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, KENKO Mayonnaise Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KENKO Mayonnaise Co's ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, KENKO Mayonnaise Co ranks #922 out of 1914 companies for ROE %. This puts KENKO Mayonnaise Co in the upper half of its industry. The industry median ROE % is 6.72. KENKO Mayonnaise Co's value of 8.16% is 21.4% above this benchmark. Historically, KENKO Mayonnaise Co's own ROE % has ranged from 1.32 to 12.00 over the past decade. While the company's 10-year median is 7.19 vs. the industry median of 6.72, KENKO Mayonnaise 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,914 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. KENKO Mayonnaise Co's current ROE % of 8.16% is 21.4% 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 KENKO Mayonnaise Co and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KENKO Mayonnaise Co's current ROE % is 8.16%, which is 13% above median its own 10-year median of 7.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KENKO Mayonnaise Co stock overvalued right now?
Based on GuruFocus' analysis, KENKO Mayonnaise Co (TSE:2915) is currently considered Fairly Valued. The stock's GF Value™ is 円2,094.61, compared to a current price of 円2,024.00 — trading 3.4% below its estimated fair value. The current ROE % is 8.16%, which is 13% above median its 10-year median of 7.19 and 21.4% above the Consumer Packaged Goods industry median of 6.72. KENKO Mayonnaise Co's overall GF Score™ is 78/100. 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 KENKO Mayonnaise Co (TSE:2915), the current ROE % is 8.16% 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 KENKO Mayonnaise Co (TSE:2915) Overvalued in 2026?

Based on GuruFocus' analysis, KENKO Mayonnaise Co stock appears to be undervalued. The current stock price of 円2,024.00 is trading 3.4% below its estimated GF Value™ of 円2,094.61. GuruFocus considers KENKO Mayonnaise Co to be Fairly Valued.

Key valuation signals for TSE:2915:

  • ROE %: 8.16% (13% above median its 10-year median of 7.19)
  • GF Value™: 円2,094.61 vs. price of 円2,024.00 (3.4% below fair value)
  • GF Score™: 78/100
  • Industry Position: 21.4% above the Consumer Packaged Goods median (#922 of 1914)

No single metric tells the full story. See the TSE:2915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KENKO Mayonnaise Co Business Description

Address 3-8-13, Takaito Higashi, Suginami-ku, Tokyo, JPN
KENKO Mayonnaise Co Ltd is a food processing company, based in Japan. The company is engaged in the manufacturing, processing, and distribution of a variety of food products such as salads, delicatessen, mayonnaise, dressings, sauces and egg products. Also, the group is engaged in the shop operation and overseas business. Some of its products include GLOBAL mayonnaise; KENKO Restaurant Mayonnaise; Triple Balance Non Oil Bonito; Garlic Butter sauce; SOUZAITEI Frozen Thick Omelet H and others.
78GF Score

Get the complete analysis for TSE:2915

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

円2,024.00
Price
円2,094.61
GF Value