Koei Tecmo Holdings CoTSE:3635 +0.27%79 ROE % is 28.69% as of Mar. 2026, which is 47% above its 10-year median of 19.55. GuruFocus rates TSE:3635 with a GF Score™ of 79/100 and a GF Value™ of 円2,101.18 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 534 Interactive Media companies, Koei Tecmo Holdings Co ranks better than 82.4% on this metric.
The historical rank and industry rank for Koei Tecmo Holdings Co's ROE % or its related term are showing as below:
TSE:3635'
s ROE % Range Over the Past 10 Years
Min: 11.33 Med: 19.55 Max: 23.32
Current: 18.52
During the past 13 years, Koei Tecmo Holdings Co's highest ROE % was 23.32%. The lowest was 11.33%. And the median was 19.55%.
TSE:3635's ROE % is ranked better than 82.4% of 534
companies
in the Interactive Media industry
Industry Median: 2.345
vs TSE:3635: 18.52
Koei Tecmo Holdings Co (TSE:3635) 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:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.
* 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 Electronic Gaming & Multimedia subindustry, Koei Tecmo Holdings 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.
Koei Tecmo Holdings Co ROE % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Koei Tecmo Holdings Co's ROE % distribution charts can be found below:
* The bar in red indicates where Koei Tecmo Holdings 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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Koei Tecmo Holdings Co (TSE:3635) has a ROE % of 28.69% 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 Koei Tecmo Holdings Co and its competitors. This is 47% above median its historical median of 19.55. Over the past decade, Koei Tecmo Holdings Co's ROE % has ranged from 11.33 to 23.32. According to the industry distribution chart, Koei Tecmo Holdings Co ranks #94 out of 534 companies in the Interactive Media industry, placing it in the top 17.6%.
Is Koei Tecmo Holdings Co's ROE % too high?
Koei Tecmo Holdings Co's current ROE % of 28.69% is 47% above median its 10-year median of 19.55. Over the past 10 years, this metric has ranged from a low of 11.33 to a high of 23.32. The Interactive Media industry median ROE % is 2.35. Koei Tecmo Holdings Co's value of 28.69% is 1123.5% above this industry median. Based on the distribution chart, Koei Tecmo Holdings Co ranks #94 out of 534 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Koei Tecmo Holdings Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Koei Tecmo Holdings Co's ROE % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Koei Tecmo Holdings Co ranks #94 out of 534 companies for ROE %. This places Koei Tecmo Holdings Co in the top 18% of its industry — outperforming the majority of peers. The industry median ROE % is 2.35. Koei Tecmo Holdings Co's value of 28.69% is 1123.5% above this benchmark. Historically, Koei Tecmo Holdings Co's own ROE % has ranged from 11.33 to 23.32 over the past decade. While the company's 10-year median is 19.55 vs. the industry median of 2.35, Koei Tecmo Holdings 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 an Interactive Media company?
The median ROE % among Interactive Media companies is 2.35, based on 534 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. Koei Tecmo Holdings Co's current ROE % of 28.69% is 1123.5% 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 Koei Tecmo Holdings Co and its competitors. For the Interactive Media industry, the median ROE % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koei Tecmo Holdings Co's current ROE % is 28.69%, which is 47% above median its own 10-year median of 19.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koei Tecmo Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Koei Tecmo Holdings Co (TSE:3635) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,101.18, compared to a current price of 円1,507.50 — trading 28.3% below its estimated fair value. The current ROE % is 28.69%, which is 47% above median its 10-year median of 19.55 and 1123.5% above the Interactive Media industry median of 2.35. Koei Tecmo Holdings Co's overall GF Score™ is 79/100 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 Koei Tecmo Holdings Co (TSE:3635), the current ROE % is 28.69% 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 Koei Tecmo Holdings Co (TSE:3635) Overvalued in 2026?
Based on GuruFocus' analysis, Koei Tecmo Holdings Co stock appears to be undervalued.
The current stock price of 円1,507.50 is trading 28.3% below its estimated GF Value™ of 円2,101.18.
GuruFocus considers Koei Tecmo Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:3635:
ROE %: 28.69% (47% above median its 10-year median of 19.55)
GF Value™: 円2,101.18 vs. price of 円1,507.50 (28.3% below fair value)
Industry Position: 1123.5% above the Interactive Media median (#94 of 534)
No single metric tells the full story. See the TSE:3635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koei Tecmo Holdings is a Japanese video game, amusement, and anime company created in 2009 by the merger of Koei and Tecmo, best known for their Nobunaga's Ambition, Romance of the Three Kingdoms, Nioh, and Atelier game franchises. The company also creates games based on third-party franchises, such as Nintendo's The Legend of Zelda and Fire Emblem, and Kodansha's Attack on Titan.
79GF Score
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