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ASAHI NetTSE:3834 +0.32%75 ROE % is 7.15% as of Mar. 2026, which is 34% below its 10-year median of 10.80. GuruFocus rates TSE:3834 with a GF Score™ of 75/100 and a GF Value™ of 円754.40 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 349 Telecommunication Services companies, ASAHI Net ranks better than 57.88% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ASAHI Net's annualized net income for the quarter that ended in Mar. 2026 was 円928 Mil. ASAHI Net's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円12,986 Mil. Therefore, ASAHI Net's annualized ROE % for the quarter that ended in Mar. 2026 was 7.15%.
The historical rank and industry rank for ASAHI Net's ROE % or its related term are showing as below:
TSE:3834'
s ROE % Range Over the Past 10 Years
Min: 6 Med: 10.8 Max: 13.69
Current: 10.03
During the past 13 years, ASAHI Net's highest ROE % was 13.69%. The lowest was 6.00%. And the median was 10.80%.
TSE:3834's ROE % is ranked better than 57.88% of 349
companies
in the Telecommunication Services industry
Industry Median: 7.93
vs TSE:3834: 10.03
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.
ASAHI Net ROE % Related Terms
ASAHI Net ROE % Historical Data
* Premium members only.
The historical data trend for ASAHI Net'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 Telecom Services subindustry, ASAHI Net'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.
ASAHI Net ROE % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, ASAHI Net's ROE % distribution charts can be found below:
* The bar in red indicates where ASAHI Net'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.
ASAHI Net (TSE:3834) has a ROE % of 7.15% 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 ASAHI Net and its competitors. This is 34% below median its historical median of 10.80. Over the past decade, ASAHI Net's ROE % has ranged from 6.00 to 13.69. According to the industry distribution chart, ASAHI Net ranks #147 out of 349 companies in the Telecommunication Services industry, placing it in the top 42.1%.
Is ASAHI Net's ROE % too high?
ASAHI Net's current ROE % of 7.15% is 34% below median its 10-year median of 10.80. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 13.69. The Telecommunication Services industry median ROE % is 7.93. ASAHI Net's value of 7.15% is 9.8% below this industry median. Based on the distribution chart, ASAHI Net ranks #147 out of 349 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, ASAHI Net has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASAHI Net's ROE % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, ASAHI Net ranks #147 out of 349 companies for ROE %. This puts ASAHI Net in the upper half of its industry. The industry median ROE % is 7.93. ASAHI Net's value of 7.15% is 9.8% below this benchmark. Historically, ASAHI Net's own ROE % has ranged from 6.00 to 13.69 over the past decade. While the company's 10-year median is 10.80 vs. the industry median of 7.93, ASAHI Net 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 Telecommunication Services company?
The median ROE % among Telecommunication Services companies is 7.93, based on 349 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. ASAHI Net's current ROE % of 7.15% is 9.8% 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 ASAHI Net and its competitors. For the Telecommunication Services industry, the median ROE % is 7.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASAHI Net's current ROE % is 7.15%, which is 34% below median its own 10-year median of 10.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASAHI Net stock overvalued right now?
Based on GuruFocus' analysis, ASAHI Net (TSE:3834) is currently considered Modestly Undervalued. The stock's GF Value™ is 円754.40, compared to a current price of 円625.00 — trading 17.2% below its estimated fair value. The current ROE % is 7.15%, which is 34% below median its 10-year median of 10.80 and 9.8% below the Telecommunication Services industry median of 7.93. ASAHI Net's overall GF Score™ is 75/100 with 1 warning sign 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 ASAHI Net (TSE:3834), the current ROE % is 7.15% 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 ASAHI Net (TSE:3834) Overvalued in 2026?
Based on GuruFocus' analysis, ASAHI Net stock appears to be undervalued.
The current stock price of 円625.00 is trading 17.2% below its estimated GF Value™ of 円754.40.
GuruFocus considers ASAHI Net to be Modestly Undervalued.
Key valuation signals for TSE:3834:
ROE %: 7.15% (34% below median its 10-year median of 10.80)
GF Value™: 円754.40 vs. price of 円625.00 (17.2% below fair value)
Industry Position: 9.8% below the Telecommunication Services median (#147 of 349)
No single metric tells the full story. See the TSE:3834 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASAHI Net Inc is a Japan-based internet service provider. The company mainly offers internet connection services using fiber-optic technology and mobile networks, live survey system respon, system maintenance, and manufacturer maintenance. The company also provides learning management system named manaba.
75GF Score
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