Joyful Honda Co (TSE:3191) ROE %: 12.51% (As of Dec. 2025) — 77% Above Median


TSE:3191 Joyful Honda Co Ltd TSE:3191
71 GF Score
Price 円2,242.00
GF Value 円2,124.64
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Joyful Honda Co ROE %?

Joyful Honda Co TSE:3191 -0.13% 71 ROE % is 12.51% as of Dec. 2025, which is 77% above its 10-year median of 7.06. GuruFocus rates TSE:3191 with a GF Score™ of 71/100 and a GF Value™ of 円2,124.64 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,090 Retail - Cyclical companies, Joyful Honda Co ranks better than 55.05% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Joyful Honda Co's annualized net income for the quarter that ended in Dec. 2025 was 円15,544 Mil. Joyful Honda Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was 円124,257 Mil. Therefore, Joyful Honda Co's annualized ROE % for the quarter that ended in Dec. 2025 was 12.51%.

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

TSE:3191' s ROE % Range Over the Past 10 Years
Min: 3.59   Med: 7.06   Max: 10.36
Current: 7.94

During the past 13 years, Joyful Honda Co's highest ROE % was 10.36%. The lowest was 3.59%. And the median was 7.06%.

TSE:3191's ROE % is ranked better than
55.05% of 1090 companies
in the Retail - Cyclical industry
Industry Median: 6.505 vs TSE:3191: 7.94

Joyful Honda Co  (TSE:3191) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=15544/124257
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(15544 / 135052)*(135052 / 167455)*(167455 / 124257)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.51 %*0.8065*1.3477
=ROA %*Equity Multiplier
=9.28 %*1.3477
=12.51 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=15544/124257
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (15544 / 19412) * (19412 / 10228) * (10228 / 135052) * (135052 / 167455) * (167455 / 124257)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8007 * 1.8979 * 7.57 % * 0.8065 * 1.3477
=12.51 %

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


Joyful Honda Co ROE % Related Terms


Joyful Honda Co ROE % Historical Data

* Premium members only.

The historical data trend for Joyful Honda 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.

Joyful Honda Co ROE % Chart

Joyful Honda Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.21 9.71 7.25 7.57 6.86

Joyful Honda Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 6.04 6.88 6.80 12.51 5.54

TSE:3191 vs HD, LOW, FND: ROE % Comparison

For the Home Improvement Retail subindustry, Joyful Honda 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.


Joyful Honda Co ROE % vs Retail - Cyclical Industry

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

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


TSE:3191
71GF Score
Joyful Honda Co Ltd TSE:3191
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Joyful Honda Co ROE % Calculation

Joyful Honda Co's annualized ROE % for the fiscal year that ended in Jun. 2025 is calculated as

ROE %=Net Income (A: Jun. 2025 )/( (Total Stockholders Equity (A: Jun. 2024 )+Total Stockholders Equity (A: Jun. 2025 ))/ count )
=8327/( (120978+121791)/ 2 )
=8327/121384.5
=6.86 %

Joyful Honda Co's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=15544/( (122201+126313)/ 2 )
=15544/124257
=12.51 %

* 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 (Dec. 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 12.51% mean?
Joyful Honda Co (TSE:3191) has a ROE % of 12.51% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Joyful Honda Co and its competitors. This is 77% above median its historical median of 7.06. Over the past decade, Joyful Honda Co's ROE % has ranged from 3.59 to 10.36. According to the industry distribution chart, Joyful Honda Co ranks #490 out of 1090 companies in the Retail - Cyclical industry, placing it in the top 45%.
Is Joyful Honda Co's ROE % too high?
Joyful Honda Co's current ROE % of 12.51% is 77% above median its 10-year median of 7.06. Over the past 10 years, this metric has ranged from a low of 3.59 to a high of 10.36. The Retail - Cyclical industry median ROE % is 6.51. Joyful Honda Co's value of 12.51% is 92.3% above this industry median. Based on the distribution chart, Joyful Honda Co ranks #490 out of 1090 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Joyful Honda Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Joyful Honda Co's ROE % compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Joyful Honda Co ranks #490 out of 1090 companies for ROE %. This puts Joyful Honda Co in the upper half of its industry. The industry median ROE % is 6.51. Joyful Honda Co's value of 12.51% is 92.3% above this benchmark. Historically, Joyful Honda Co's own ROE % has ranged from 3.59 to 10.36 over the past decade. While the company's 10-year median is 7.06 vs. the industry median of 6.51, Joyful Honda 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 1,090 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. Joyful Honda Co's current ROE % of 12.51% is 92.3% 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 Joyful Honda 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. Joyful Honda Co's current ROE % is 12.51%, which is 77% above median its own 10-year median of 7.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joyful Honda Co stock overvalued right now?
Based on GuruFocus' analysis, Joyful Honda Co (TSE:3191) is currently considered Fairly Valued. The stock's GF Value™ is 円2,124.64, compared to a current price of 円2,242.00 — trading 5.5% above its estimated fair value. The current ROE % is 12.51%, which is 77% above median its 10-year median of 7.06 and 92.3% above the Retail - Cyclical industry median of 6.51. Joyful Honda Co's overall GF Score™ is 71/100 with 4 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 Joyful Honda Co (TSE:3191), the current ROE % is 12.51% as of Dec. 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 Joyful Honda Co (TSE:3191) Overvalued in 2026?

Based on GuruFocus' analysis, Joyful Honda Co stock appears to be overvalued. The current stock price of 円2,242.00 is trading 5.5% above its estimated GF Value™ of 円2,124.64. GuruFocus considers Joyful Honda Co to be Fairly Valued.

Key valuation signals for TSE:3191:

  • ROE %: 12.51% (77% above median its 10-year median of 7.06)
  • GF Value™: 円2,124.64 vs. price of 円2,242.00 (5.5% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 92.3% above the Retail - Cyclical median (#490 of 1090)

No single metric tells the full story. See the TSE:3191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Joyful Honda Co Business Description

Address 1-16-2 Fujisaki, Ibaraki Prefecture, Tsuchiura, JPN, 300-0813
Joyful Honda Co Ltd is engaged in the home center retail business. Its business operations are grouped into four divisions: Home Center, Garden Center, Pet Center and Exterior Center. Home Centers supplies timber, building materials, paint, tools, hardware, worker essentials, electrical fittings and other materials for home renovation projects. Garden Centers provides an extensive range of flower seedlings, vegetable seedlings, plants, mulch and other soil for horticulture, fertilizers, plant pots and other gardening supplies. Pet Center offers pet-related products, including pet food, cages, and toys. Exterior Centers provide services from sales to construction.
71GF Score

Get the complete analysis for TSE:3191

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

円2,242.00
Price
円2,124.64
GF Value