Ifujingyo Co (TSE:2924) ROE %: 15.77% (As of Mar. 2026) — 17% Above Median


TSE:2924 Ifuji Sangyo Co Ltd TSE:2924
82 GF Score
Price 円2,012.00
GF Value 円2,267.71
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ifujingyo Co ROE %?

Ifujingyo Co TSE:2924 -1.28% 82 ROE % is 15.77% as of Mar. 2026, which is 17% above its 10-year median of 13.50. GuruFocus rates TSE:2924 with a GF Score™ of 82/100 and a GF Value™ of 円2,267.71 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,914 Consumer Packaged Goods companies, Ifujingyo Co ranks better than 80.41% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ifujingyo Co's annualized net income for the quarter that ended in Mar. 2026 was 円1,934 Mil. Ifujingyo Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円12,262 Mil. Therefore, Ifujingyo Co's annualized ROE % for the quarter that ended in Mar. 2026 was 15.77%.

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

TSE:2924' s ROE % Range Over the Past 10 Years
Min: 10.04   Med: 13.5   Max: 20.16
Current: 16.84

During the past 13 years, Ifujingyo Co's highest ROE % was 20.16%. The lowest was 10.04%. And the median was 13.50%.

TSE:2924's ROE % is ranked better than
80.41% of 1914 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs TSE:2924: 16.84

Ifujingyo Co  (TSE:2924) 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
=1934/12261.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1934 / 33072)*(33072 / 18450)*(18450 / 12261.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.85 %*1.7925*1.5047
=ROA %*Equity Multiplier
=10.49 %*1.5047
=15.77 %

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
=1934/12261.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1934 / 2716) * (2716 / 2624) * (2624 / 33072) * (33072 / 18450) * (18450 / 12261.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7121 * 1.0351 * 7.93 % * 1.7925 * 1.5047
=15.77 %

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.


Ifujingyo Co ROE % Related Terms


Ifujingyo Co ROE % Historical Data

* Premium members only.

The historical data trend for Ifujingyo 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.

Ifujingyo Co ROE % Chart

Ifujingyo 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 13.98 13.99 17.63 20.16 16.85

Ifujingyo 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 11.99 20.43 19.64 17.97 15.77

TSE:2924 vs ADM, BG, TSN: ROE % Comparison

For the Farm Products subindustry, Ifujingyo 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.


Ifujingyo Co ROE % vs Consumer Packaged Goods Industry

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

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


TSE:2924
82GF Score
Ifuji Sangyo Co Ltd TSE:2924
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ifujingyo Co ROE % Calculation

Ifujingyo 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 )
=2003/( (11159+12618)/ 2 )
=2003/11888.5
=16.85 %

Ifujingyo 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 )
=1934/( (11905+12618)/ 2 )
=1934/12261.5
=15.77 %

* 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 15.77% mean?
Ifujingyo Co (TSE:2924) has a ROE % of 15.77% 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 Ifujingyo Co and its competitors. This is 17% above median its historical median of 13.50. Over the past decade, Ifujingyo Co's ROE % has ranged from 10.04 to 20.16. According to the industry distribution chart, Ifujingyo Co ranks #375 out of 1914 companies in the Consumer Packaged Goods industry, placing it in the top 19.6%.
Is Ifujingyo Co's ROE % too high?
Ifujingyo Co's current ROE % of 15.77% is 17% above median its 10-year median of 13.50. Over the past 10 years, this metric has ranged from a low of 10.04 to a high of 20.16. The Consumer Packaged Goods industry median ROE % is 6.72. Ifujingyo Co's value of 15.77% is 134.7% above this industry median. Based on the distribution chart, Ifujingyo Co ranks #375 out of 1914 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Ifujingyo Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ifujingyo Co's ROE % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Ifujingyo Co ranks #375 out of 1914 companies for ROE %. This places Ifujingyo Co in the top 20% of its industry — outperforming the majority of peers. The industry median ROE % is 6.72. Ifujingyo Co's value of 15.77% is 134.7% above this benchmark. Historically, Ifujingyo Co's own ROE % has ranged from 10.04 to 20.16 over the past decade. While the company's 10-year median is 13.50 vs. the industry median of 6.72, Ifujingyo 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. Ifujingyo Co's current ROE % of 15.77% is 134.7% 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 Ifujingyo 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. Ifujingyo Co's current ROE % is 15.77%, which is 17% above median its own 10-year median of 13.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ifujingyo Co stock overvalued right now?
Based on GuruFocus' analysis, Ifujingyo Co (TSE:2924) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,267.71, compared to a current price of 円2,012.00 — trading 11.3% below its estimated fair value. The current ROE % is 15.77%, which is 17% above median its 10-year median of 13.50 and 134.7% above the Consumer Packaged Goods industry median of 6.72. Ifujingyo Co's overall GF Score™ is 82/100 with 2 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 Ifujingyo Co (TSE:2924), the current ROE % is 15.77% 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 Ifujingyo Co (TSE:2924) Overvalued in 2026?

Based on GuruFocus' analysis, Ifujingyo Co stock appears to be undervalued. The current stock price of 円2,012.00 is trading 11.3% below its estimated GF Value™ of 円2,267.71. GuruFocus considers Ifujingyo Co to be Modestly Undervalued.

Key valuation signals for TSE:2924:

  • ROE %: 15.77% (17% above median its 10-year median of 13.50)
  • GF Value™: 円2,267.71 vs. price of 円2,012.00 (11.3% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 134.7% above the Consumer Packaged Goods median (#375 of 1914)

No single metric tells the full story. See the TSE:2924 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ifujingyo Co Business Description

Address 200-1 Oaza Tobarra, Kasuya Town, Fukuoka, JPN, 811-2312
Ifuji Sangyo Co Ltd is a Japan-based company engages in the production and sale of eggs products. Its products line include frozen, boiled, and liquid eggs as well as pot-steamed hotchpotch and egg tofu.
82GF Score

Get the complete analysis for TSE:2924

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

円2,012.00
Price
円2,267.71
GF Value