Papyless Co (TSE:3641) ROE %: 1.41% (As of Sep. 2025) — 91% Below Median

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TSE:3641 Papyless Co Ltd TSE:3641
66 GF Score
Price 円959.00
GF Value 円805.67
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Papyless Co ROE %?

Papyless Co TSE:3641 +1.80% 66 ROE % is 1.41% as of Sep. 2025, which is 91% below its 10-year median of 15.37. GuruFocus rates TSE:3641 with a GF Score™ of 66/100 and a GF Value™ of 円805.67 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 950 Media - Diversified companies, Papyless Co ranks worse than 55.37% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Papyless Co's annualized net income for the quarter that ended in Sep. 2025 was 円126 Mil. Papyless Co's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was 円8,940 Mil. Therefore, Papyless Co's annualized ROE % for the quarter that ended in Sep. 2025 was 1.41%.

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

TSE:3641' s ROE % Range Over the Past 10 Years
Min: -1.71   Med: 15.37   Max: 28.14
Current: 1.2

During the past 13 years, Papyless Co's highest ROE % was 28.14%. The lowest was -1.71%. And the median was 15.37%.

TSE:3641's ROE % is ranked worse than
55.37% of 950 companies
in the Media - Diversified industry
Industry Median: 2.535 vs TSE:3641: 1.20

Papyless Co  (TSE:3641) 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: Sep. 2025 )
=Net Income/Total Stockholders Equity
=126/8940
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(126 / 14914)*(14914 / 12974.5)*(12974.5 / 8940)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.84 %*1.1495*1.4513
=ROA %*Equity Multiplier
=0.97 %*1.4513
=1.41 %

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: Sep. 2025 )
=Net Income/Total Stockholders Equity
=126/8940
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (126 / 400) * (400 / 310) * (310 / 14914) * (14914 / 12974.5) * (12974.5 / 8940)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.315 * 1.2903 * 2.08 % * 1.1495 * 1.4513
=1.41 %

Note: The net income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


Papyless Co ROE % Related Terms


Papyless Co ROE % Historical Data

* Premium members only.

The historical data trend for Papyless 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.

Papyless Co ROE % Chart

Papyless Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.61 8.46 7.25 2.20 -1.71

Papyless Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.87 3.38 -4.19 1.02 1.41

TSE:3641 vs NYT, WLY: ROE % Comparison

For the Publishing subindustry, Papyless 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.


Papyless Co ROE % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Papyless Co's ROE % distribution charts can be found below:

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


TSE:3641
66GF Score
Papyless Co Ltd TSE:3641
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Papyless Co ROE % Calculation

Papyless Co's annualized ROE % for the fiscal year that ended in Mar. 2025 is calculated as

ROE %=Net Income (A: Mar. 2025 )/( (Total Stockholders Equity (A: Mar. 2024 )+Total Stockholders Equity (A: Mar. 2025 ))/ count )
=-164/( (10299+8896)/ 2 )
=-164/9597.5
=-1.71 %

Papyless Co's annualized ROE % for the quarter that ended in Sep. 2025 is calculated as

ROE %=Net Income (Q: Sep. 2025 )/( (Total Stockholders Equity (Q: Mar. 2025 )+Total Stockholders Equity (Q: Sep. 2025 ))/ count )
=126/( (8896+8984)/ 2 )
=126/8940
=1.41 %

* 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 (Sep. 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 1.41% mean?
Papyless Co (TSE:3641) has a ROE % of 1.41% as of Sep. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Papyless Co and its competitors. This is 91% below median its historical median of 15.37. According to the industry distribution chart, Papyless Co ranks #526 out of 950 companies in the Media - Diversified industry, placing it in the top 55.4%.
Is Papyless Co's ROE % too high?
Papyless Co's current ROE % of 1.41% is 91% below median its 10-year median of 15.37. The Media - Diversified industry median ROE % is 2.54. Papyless Co's value of 1.41% is 44.4% below this industry median. Based on the distribution chart, Papyless Co ranks #526 out of 950 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Papyless Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Papyless Co's ROE % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Papyless Co ranks #526 out of 950 companies for ROE %. This places Papyless Co in the lower half of its industry. The industry median ROE % is 2.54. Papyless Co's value of 1.41% is 44.4% below this benchmark. While the company's 10-year median is 15.37 vs. the industry median of 2.54, Papyless Co has consistently been below 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 Media - Diversified company?
The median ROE % among Media - Diversified companies is 2.54, based on 950 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. Papyless Co's current ROE % of 1.41% is 44.4% below 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 Papyless Co and its competitors. For the Media - Diversified industry, the median ROE % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Papyless Co's current ROE % is 1.41%, which is 91% below median its own 10-year median of 15.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Papyless Co stock overvalued right now?
Based on GuruFocus' analysis, Papyless Co (TSE:3641) is currently considered Modestly Overvalued. The stock's GF Value™ is 円805.67, compared to a current price of 円959.00 — trading 19% above its estimated fair value. The current ROE % is 1.41%, which is 91% below median its 10-year median of 15.37 and 44.4% below the Media - Diversified industry median of 2.54. Papyless Co's overall GF Score™ is 66/100 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 Papyless Co (TSE:3641), the current ROE % is 1.41% as of Sep. 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 Papyless Co (TSE:3641) Overvalued in 2026?

Based on GuruFocus' analysis, Papyless Co stock appears to be overvalued. The current stock price of 円959.00 is trading 19% above its estimated GF Value™ of 円805.67. GuruFocus considers Papyless Co to be Modestly Overvalued.

Key valuation signals for TSE:3641:

  • ROE %: 1.41% (91% below median its 10-year median of 15.37)
  • GF Value™: 円805.67 vs. price of 円959.00 (19% above fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 44.4% below the Media - Diversified median (#526 of 950)

No single metric tells the full story. See the TSE:3641 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Papyless Co Business Description

Address 3-12 Kioicho, Chiyoda-ku, Tokyo, JPN
Papyless Co Ltd is a Japan-based company engaged in the sale, rental, and distribution of electronic books (E-books). It offers novel and non-fiction, practical books, photo books, comics, magazines, business and education, audio and picture novels, cartoons, and adult books, as well as photo album books.
66GF Score

Get the complete analysis for TSE:3641

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

円959.00
Price
円805.67
GF Value