Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
MUGEN ESTATE CoTSE:3299 71 ROE % is 10.01% as of Jun. 2026, which is 34% below its 10-year median of 15.07. GuruFocus rates TSE:3299 with a GF Score™ of 71/100 and a GF Value™ of 円2,072.94 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,734 Real Estate companies, MUGEN ESTATE Co ranks better than 82.58% on this metric.
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:
Note:
The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
MUGEN ESTATE Co ROE % Related Terms
MUGEN ESTATE Co ROE % Historical Data
* Premium members only.
The historical data trend for MUGEN ESTATE 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.
For the Real Estate - Development subindustry, MUGEN ESTATE 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.
MUGEN ESTATE Co ROE % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, MUGEN ESTATE Co's ROE % distribution charts can be found below:
* The bar in red indicates where MUGEN ESTATE Co's ROE % falls into.
* 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 (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
MUGEN ESTATE Co (TSE:3299) has a ROE % of 10.01% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on MUGEN ESTATE Co and its competitors. This is 34% below median its historical median of 15.07. Over the past decade, MUGEN ESTATE Co's ROE % has ranged from 2.64 to 24.51. According to the industry distribution chart, MUGEN ESTATE Co ranks #302 out of 1734 companies in the Real Estate industry, placing it in the top 17.4%.
Is MUGEN ESTATE Co's ROE % too high?
MUGEN ESTATE Co's current ROE % of 10.01% is 34% below median its 10-year median of 15.07. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 24.51. The Real Estate industry median ROE % is 4.15. MUGEN ESTATE Co's value of 10.01% is 141.2% above this industry median. Based on the distribution chart, MUGEN ESTATE Co ranks #302 out of 1734 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, MUGEN ESTATE Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MUGEN ESTATE Co's ROE % compare to competitors?
According to the Real Estate industry distribution chart, MUGEN ESTATE Co ranks #302 out of 1734 companies for ROE %. This places MUGEN ESTATE Co in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 4.15. MUGEN ESTATE Co's value of 10.01% is 141.2% above this benchmark. Historically, MUGEN ESTATE Co's own ROE % has ranged from 2.64 to 24.51 over the past decade. While the company's 10-year median is 15.07 vs. the industry median of 4.15, MUGEN ESTATE 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 Real Estate company?
The median ROE % among Real Estate companies is 4.15, based on 1,734 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. MUGEN ESTATE Co's current ROE % of 10.01% is 141.2% 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 MUGEN ESTATE Co and its competitors. For the Real Estate industry, the median ROE % is 4.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MUGEN ESTATE Co's current ROE % is 10.01%, which is 34% below median its own 10-year median of 15.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MUGEN ESTATE Co stock overvalued right now?
Based on GuruFocus' analysis, MUGEN ESTATE Co (TSE:3299) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,072.94, compared to a current price of 円1,738.00 — trading 16.2% below its estimated fair value. The current ROE % is 10.01%, which is 34% below median its 10-year median of 15.07 and 141.2% above the Real Estate industry median of 4.15. MUGEN ESTATE 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 MUGEN ESTATE Co (TSE:3299), the current ROE % is 10.01% as of Jun. 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 MUGEN ESTATE Co (TSE:3299) Overvalued in 2026?
Based on GuruFocus' analysis, MUGEN ESTATE Co stock appears to be undervalued.
The current stock price of 円1,738.00 is trading 16.2% below its estimated GF Value™ of 円2,072.94.
GuruFocus considers MUGEN ESTATE Co to be Modestly Undervalued.
Key valuation signals for TSE:3299:
ROE %: 10.01% (34% below median its 10-year median of 15.07)
GF Value™: 円2,072.94 vs. price of 円1,738.00 (16.2% below fair value)
Industry Position: 141.2% above the Real Estate median (#302 of 1734)
No single metric tells the full story. See the TSE:3299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MUGEN ESTATE Co Ltd is a Japanese real estate company. The company offers a diverse portfolio of versatile properties including residential-type owned condominiums, investment-type condominiums and office buildings. The company is involved in buying and selling of properties, leasing business, brokerage business, property management business, and interior and exterior refurbishment business.
71GF Score
Get the complete analysis for TSE:3299
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3299 has been successfully added to your 
