ULS GroupTSE:3798 +0.92%87 ROE % is 13.47% as of Mar. 2026, which is 9% below its 10-year median of 14.80. GuruFocus rates TSE:3798 with a GF Score™ of 87/100 and a GF Value™ of 円731.41 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,677 Software companies, ULS Group ranks better than 79.75% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ULS Group's annualized net income for the quarter that ended in Mar. 2026 was 円1,616 Mil. ULS Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円12,001 Mil. Therefore, ULS Group's annualized ROE % for the quarter that ended in Mar. 2026 was 13.47%.
The historical rank and industry rank for ULS Group's ROE % or its related term are showing as below:
TSE:3798'
s ROE % Range Over the Past 10 Years
Min: 12.9 Med: 14.8 Max: 18.19
Current: 18.19
During the past 13 years, ULS Group's highest ROE % was 18.19%. The lowest was 12.90%. And the median was 14.80%.
TSE:3798's ROE % is ranked better than 79.75% of 2677
companies
in the Software industry
Industry Median: 4.73
vs TSE:3798: 18.19
ULS Group (TSE:3798) 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.
ULS Group ROE % Related Terms
ULS Group ROE % Historical Data
* Premium members only.
The historical data trend for ULS Group'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 Information Technology Services subindustry, ULS Group'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.
ULS Group ROE % vs Software Industry
For the Software industry and Technology sector, ULS Group's ROE % distribution charts can be found below:
* The bar in red indicates where ULS Group'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.
ULS Group (TSE:3798) has a ROE % of 13.47% 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 ULS Group and its competitors. This is near median its historical median of 14.80. Over the past decade, ULS Group's ROE % has ranged from 12.90 to 18.19. According to the industry distribution chart, ULS Group ranks #542 out of 2677 companies in the Software industry, placing it in the top 20.2%.
Is ULS Group's ROE % too high?
ULS Group's current ROE % of 13.47% is near median its 10-year median of 14.80. Over the past 10 years, this metric has ranged from a low of 12.90 to a high of 18.19. The Software industry median ROE % is 4.73. ULS Group's value of 13.47% is 184.8% above this industry median. Based on the distribution chart, ULS Group ranks #542 out of 2677 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, ULS Group has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ULS Group's ROE % compare to IBM and ACN?
According to the Software industry distribution chart, ULS Group ranks #542 out of 2677 companies for ROE %. This places ULS Group in the top 20% of its industry — outperforming the majority of peers. The industry median ROE % is 4.73. ULS Group's value of 13.47% is 184.8% above this benchmark. Historically, ULS Group's own ROE % has ranged from 12.90 to 18.19 over the past decade. While the company's 10-year median is 14.80 vs. the industry median of 4.73, ULS Group 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 Software company?
The median ROE % among Software companies is 4.73, based on 2,677 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. ULS Group's current ROE % of 13.47% is 184.8% 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 ULS Group and its competitors. For the Software industry, the median ROE % is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ULS Group's current ROE % is 13.47%, which is near median its own 10-year median of 14.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ULS Group stock overvalued right now?
Based on GuruFocus' analysis, ULS Group (TSE:3798) is currently considered Modestly Undervalued. The stock's GF Value™ is 円731.41, compared to a current price of 円550.00 — trading 24.8% below its estimated fair value. The current ROE % is 13.47%, which is near median its 10-year median of 14.80 and 184.8% above the Software industry median of 4.73. ULS Group's overall GF Score™ is 87/100 with 2 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 ULS Group (TSE:3798), the current ROE % is 13.47% 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 ULS Group (TSE:3798) Overvalued in 2026?
Based on GuruFocus' analysis, ULS Group stock appears to be undervalued.
The current stock price of 円550.00 is trading 24.8% below its estimated GF Value™ of 円731.41.
GuruFocus considers ULS Group to be Modestly Undervalued.
Key valuation signals for TSE:3798:
ROE %: 13.47% (near median its 10-year median of 14.80)
GF Value™: 円731.41 vs. price of 円550.00 (24.8% below fair value)
Industry Position: 184.8% above the Software median (#542 of 2677)
No single metric tells the full story. See the TSE:3798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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