FreeBit Co (TSE:3843) ROE %: 64.73% (As of Oct. 2025) — 701% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:3843 FreeBit Co Ltd TSE:3843
79 GF Score
Price 円1,600.00
GF Value 円1,485.02
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is FreeBit Co ROE %?

FreeBit Co TSE:3843 +1.78% 79 ROE % is 64.73% as of Oct. 2025, which is 701% above its 10-year median of 8.08. GuruFocus rates TSE:3843 with a GF Score™ of 79/100 and a GF Value™ of 円1,485.02 (Fairly Valued). The stock has 5 warning signs investors should review. Among 533 Interactive Media companies, FreeBit Co ranks better than 89.31% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. FreeBit Co's annualized net income for the quarter that ended in Oct. 2025 was 円4,829 Mil. FreeBit Co's average Total Stockholders Equity over the quarter that ended in Oct. 2025 was 円7,461 Mil. Therefore, FreeBit Co's annualized ROE % for the quarter that ended in Oct. 2025 was 64.73%.

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

TSE:3843' s ROE % Range Over the Past 10 Years
Min: -7.25   Med: 8.08   Max: 35.52
Current: 26.35

During the past 13 years, FreeBit Co's highest ROE % was 35.52%. The lowest was -7.25%. And the median was 8.08%.

TSE:3843's ROE % is ranked better than
89.31% of 533 companies
in the Interactive Media industry
Industry Median: 2.2 vs TSE:3843: 26.35

FreeBit Co  (TSE:3843) 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: Oct. 2025 )
=Net Income/Total Stockholders Equity
=4829.204/7460.693
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4829.204 / 62486.696)*(62486.696 / 38690.311)*(38690.311 / 7460.693)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.73 %*1.615*5.1859
=ROA %*Equity Multiplier
=12.48 %*5.1859
=64.73 %

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: Oct. 2025 )
=Net Income/Total Stockholders Equity
=4829.204/7460.693
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4829.204 / 7291.24) * (7291.24 / 7105.86) * (7105.86 / 62486.696) * (62486.696 / 38690.311) * (38690.311 / 7460.693)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6623 * 1.0261 * 11.37 % * 1.615 * 5.1859
=64.73 %

Note: The net income data used here is four times the quarterly (Oct. 2025) net income data. The Revenue data used here is four times the quarterly (Oct. 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.


FreeBit Co ROE % Related Terms


FreeBit Co ROE % Historical Data

* Premium members only.

The historical data trend for FreeBit 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.

FreeBit Co ROE % Chart

FreeBit Co Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.89 10.58 23.50 35.52 30.10

FreeBit Co Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Apr25 Jul25 Oct25
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 24.54 0.00 0.00 63.23 64.73

TSE:3843 vs GOOGL, META, SPOT: ROE % Comparison

For the Internet Content & Information subindustry, FreeBit 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.


FreeBit Co ROE % vs Interactive Media Industry

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

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


TSE:3843
79GF Score
FreeBit Co Ltd TSE:3843
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FreeBit Co ROE % Calculation

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

ROE %=Net Income (A: Apr. 2025 )/( (Total Stockholders Equity (A: Apr. 2024 )+Total Stockholders Equity (A: Apr. 2025 ))/ count )
=2748.537/( (11763.023+6500.793)/ 2 )
=2748.537/9131.908
=30.10 %

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

ROE %=Net Income (Q: Oct. 2025 )/( (Total Stockholders Equity (Q: Jul. 2025 )+Total Stockholders Equity (Q: Oct. 2025 ))/ count )
=4829.204/( (6943.087+7978.299)/ 2 )
=4829.204/7460.693
=64.73 %

* 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 (Oct. 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 64.73% mean?
FreeBit Co (TSE:3843) has a ROE % of 64.73% as of Oct. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on FreeBit Co and its competitors. This is 701% above median its historical median of 8.08. According to the industry distribution chart, FreeBit Co ranks #57 out of 533 companies in the Interactive Media industry, placing it in the top 10.7%.
Is FreeBit Co's ROE % too high?
FreeBit Co's current ROE % of 64.73% is 701% above median its 10-year median of 8.08. The Interactive Media industry median ROE % is 2.20. FreeBit Co's value of 64.73% is 2842.3% above this industry median. Based on the distribution chart, FreeBit Co ranks #57 out of 533 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, FreeBit Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FreeBit Co's ROE % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, FreeBit Co ranks #57 out of 533 companies for ROE %. This places FreeBit Co in the top 11% of its industry — outperforming the majority of peers. The industry median ROE % is 2.20. FreeBit Co's value of 64.73% is 2842.3% above this benchmark. While the company's 10-year median is 8.08 vs. the industry median of 2.20, FreeBit 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 2.20, based on 533 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. FreeBit Co's current ROE % of 64.73% is 2842.3% 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 FreeBit Co and its competitors. For the Interactive Media industry, the median ROE % is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FreeBit Co's current ROE % is 64.73%, which is 701% above median its own 10-year median of 8.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FreeBit Co stock overvalued right now?
Based on GuruFocus' analysis, FreeBit Co (TSE:3843) is currently considered Fairly Valued. The stock's GF Value™ is 円1,485.02, compared to a current price of 円1,600.00 — trading 7.7% above its estimated fair value. The current ROE % is 64.73%, which is 701% above median its 10-year median of 8.08 and 2842.3% above the Interactive Media industry median of 2.20. FreeBit Co's overall GF Score™ is 79/100 with 5 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 FreeBit Co (TSE:3843), the current ROE % is 64.73% as of Oct. 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 FreeBit Co (TSE:3843) Overvalued in 2026?

Based on GuruFocus' analysis, FreeBit Co stock appears to be overvalued. The current stock price of 円1,600.00 is trading 7.7% above its estimated GF Value™ of 円1,485.02. GuruFocus considers FreeBit Co to be Fairly Valued.

Key valuation signals for TSE:3843:

  • ROE %: 64.73% (701% above median its 10-year median of 8.08)
  • GF Value™: 円1,485.02 vs. price of 円1,600.00 (7.7% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 2842.3% above the Interactive Media median (#57 of 533)

No single metric tells the full story. See the TSE:3843 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FreeBit Co Business Description

Address 3-6 Maruyamacho, E Space Tower, Shibuya-ku, Tokyo, JPN, 150-0044
FreeBit Co Ltd provides Internet-related services mainly to corporations and individuals, in areas such as development of core Internet technologies and the operation of large-scale systems. The group's reportable segments are 5G infrastructure support business, 5G lifestyle support business, and 5G DX support business for companies and creators. Maximum revenue is generated from the 5G lifestyle support business, which provides mobile communication services for individuals, internet connection services for individuals and collective housing, and company housing management services. The 5G infrastructure support business provides business support services for ISPs, MVNOs (MVNE), and corporations, and the 5G DX support business offers online marketing and ad technology-related services.
79GF Score

Get the complete analysis for TSE:3843

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

円1,600.00
Price
円1,485.02
GF Value