WIN-Partners Co (TSE:3183) ROE %: 9.65% (As of Mar. 2026) — Near Median


TSE:3183 WIN-Partners Co Ltd TSE:3183
63 GF Score
Price 円1,285.00
GF Value 円1,522.55
Valuation Modestly Undervalued
! 3 Warning Signs
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What is WIN-Partners Co ROE %?

WIN-Partners Co TSE:3183 +0.31% 63 ROE % is 9.65% as of Mar. 2026, which is 6% above its 10-year median of 9.08. GuruFocus rates TSE:3183 with a GF Score™ of 63/100 and a GF Value™ of 円1,522.55 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 113 Medical Distribution companies, WIN-Partners Co ranks better than 62.83% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. WIN-Partners Co's annualized net income for the quarter that ended in Mar. 2026 was 円2,211 Mil. WIN-Partners Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円22,922 Mil. Therefore, WIN-Partners Co's annualized ROE % for the quarter that ended in Mar. 2026 was 9.65%.

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

TSE:3183' s ROE % Range Over the Past 10 Years
Min: 7.4   Med: 9.08   Max: 18.07
Current: 9.09

During the past 13 years, WIN-Partners Co's highest ROE % was 18.07%. The lowest was 7.40%. And the median was 9.08%.

TSE:3183's ROE % is ranked better than
62.83% of 113 companies
in the Medical Distribution industry
Industry Median: 7.1 vs TSE:3183: 9.09

WIN-Partners Co  (TSE:3183) 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
=2211.08/22921.993
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2211.08 / 93305.25)*(93305.25 / 48578.9975)*(48578.9975 / 22921.993)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.37 %*1.9207*2.1193
=ROA %*Equity Multiplier
=4.55 %*2.1193
=9.65 %

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
=2211.08/22921.993
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2211.08 / 3179.02) * (3179.02 / 3109.146) * (3109.146 / 93305.25) * (93305.25 / 48578.9975) * (48578.9975 / 22921.993)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6955 * 1.0225 * 3.33 % * 1.9207 * 2.1193
=9.65 %

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.


WIN-Partners Co ROE % Related Terms


WIN-Partners Co ROE % Historical Data

* Premium members only.

The historical data trend for WIN-Partners 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.

WIN-Partners Co ROE % Chart

WIN-Partners 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 8.55 9.20 7.95 8.51 8.95

WIN-Partners 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 9.94 7.33 10.01 8.69 9.65

TSE:3183 vs MCK, CAH, COR: ROE % Comparison

For the Medical Distribution subindustry, WIN-Partners 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.


WIN-Partners Co ROE % vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, WIN-Partners Co's ROE % distribution charts can be found below:

* The bar in red indicates where WIN-Partners Co's ROE % falls into.


TSE:3183
63GF Score
WIN-Partners Co Ltd TSE:3183
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WIN-Partners Co ROE % Calculation

WIN-Partners 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 )
=2118.327/( (24069.262+23290.266)/ 2 )
=2118.327/23679.764
=8.95 %

WIN-Partners 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 )
=2211.08/( (22553.72+23290.266)/ 2 )
=2211.08/22921.993
=9.65 %

* 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 9.65% mean?
WIN-Partners Co (TSE:3183) has a ROE % of 9.65% 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 WIN-Partners Co and its competitors. This is near median its historical median of 9.08. Over the past decade, WIN-Partners Co's ROE % has ranged from 7.40 to 18.07. According to the industry distribution chart, WIN-Partners Co ranks #42 out of 113 companies in the Medical Distribution industry, placing it in the top 37.2%.
Is WIN-Partners Co's ROE % too high?
WIN-Partners Co's current ROE % of 9.65% is near median its 10-year median of 9.08. Over the past 10 years, this metric has ranged from a low of 7.40 to a high of 18.07. The Medical Distribution industry median ROE % is 7.10. WIN-Partners Co's value of 9.65% is 35.9% above this industry median. Based on the distribution chart, WIN-Partners Co ranks #42 out of 113 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, WIN-Partners Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WIN-Partners Co's ROE % compare to MCK and CAH?
According to the Medical Distribution industry distribution chart, WIN-Partners Co ranks #42 out of 113 companies for ROE %. This puts WIN-Partners Co in the upper half of its industry. The industry median ROE % is 7.10. WIN-Partners Co's value of 9.65% is 35.9% above this benchmark. Historically, WIN-Partners Co's own ROE % has ranged from 7.40 to 18.07 over the past decade. While the company's 10-year median is 9.08 vs. the industry median of 7.10, WIN-Partners 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 Medical Distribution company?
The median ROE % among Medical Distribution companies is 7.10, based on 113 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. WIN-Partners Co's current ROE % of 9.65% is 35.9% 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 WIN-Partners Co and its competitors. For the Medical Distribution industry, the median ROE % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WIN-Partners Co's current ROE % is 9.65%, which is near median its own 10-year median of 9.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WIN-Partners Co stock overvalued right now?
Based on GuruFocus' analysis, WIN-Partners Co (TSE:3183) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,522.55, compared to a current price of 円1,285.00 — trading 15.6% below its estimated fair value. The current ROE % is 9.65%, which is near median its 10-year median of 9.08 and 35.9% above the Medical Distribution industry median of 7.10. WIN-Partners Co's overall GF Score™ is 63/100 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 WIN-Partners Co (TSE:3183), the current ROE % is 9.65% 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 WIN-Partners Co (TSE:3183) Overvalued in 2026?

Based on GuruFocus' analysis, WIN-Partners Co stock appears to be undervalued. The current stock price of 円1,285.00 is trading 15.6% below its estimated GF Value™ of 円1,522.55. GuruFocus considers WIN-Partners Co to be Modestly Undervalued.

Key valuation signals for TSE:3183:

  • ROE %: 9.65% (near median its 10-year median of 9.08)
  • GF Value™: 円1,522.55 vs. price of 円1,285.00 (15.6% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 35.9% above the Medical Distribution median (#42 of 113)

No single metric tells the full story. See the TSE:3183 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WIN-Partners Co Business Description

Address 2-2-1 Kyobashi, Chuoku, 21st Floor, Kyobashi Edogrand, Tokyo, JPN, 104-0031
WIN-Partners Co Ltd is engaged in the healthcare sector. The company provides medical devices to Japan's medical institutions. Its products offerings are Cardiovascular device, Insulin Pump, X-ray Angio System, Carotid Artery Stent, Stent Graft, among others. The company operates only in one segment which is the medical equipment sales business.
63GF Score

Get the complete analysis for TSE:3183

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

円1,285.00
Price
円1,522.55
GF Value