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FullerTSE:387A +0.41%19 ROE % is 16.05% as of Dec. 2025, which is 28% below its 10-year median of 22.43. GuruFocus rates TSE:387A with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 2,683 Software companies, Fuller ranks better than 75.18% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Fuller's annualized net income for the quarter that ended in Dec. 2025 was 円171 Mil. Fuller's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was 円1,067 Mil. Therefore, Fuller's annualized ROE % for the quarter that ended in Dec. 2025 was 16.05%.
The historical rank and industry rank for Fuller's ROE % or its related term are showing as below:
TSE:387A'
s ROE % Range Over the Past 10 Years
Min: 3.82 Med: 22.43 Max: 53.51
Current: 15.35
During the past 5 years, Fuller's highest ROE % was 53.51%. The lowest was 3.82%. And the median was 22.43%.
TSE:387A's ROE % is ranked better than 75.18% of 2683
companies
in the Software industry
Industry Median: 4.73
vs TSE:387A: 15.35
Fuller (TSE:387A) 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 two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.
Fuller ROE % Related Terms
Fuller ROE % Historical Data
* Premium members only.
The historical data trend for Fuller'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 Software - Application subindustry, Fuller'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.
Fuller ROE % vs Software Industry
For the Software industry and Technology sector, Fuller's ROE % distribution charts can be found below:
* The bar in red indicates where Fuller'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 two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Fuller (TSE:387A) has a ROE % of 16.05% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Fuller and its competitors. This is 28% below median its historical median of 22.43. Over the past decade, Fuller's ROE % has ranged from 3.82 to 53.51. According to the industry distribution chart, Fuller ranks #666 out of 2683 companies in the Software industry, placing it in the top 24.8%.
Is Fuller's ROE % too high?
Fuller's current ROE % of 16.05% is 28% below median its 10-year median of 22.43. Over the past 10 years, this metric has ranged from a low of 3.82 to a high of 53.51. The Software industry median ROE % is 4.73. Fuller's value of 16.05% is 239.3% above this industry median. Based on the distribution chart, Fuller ranks #666 out of 2683 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Fuller has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Fuller's ROE % compare to UBER and SHOP?
According to the Software industry distribution chart, Fuller ranks #666 out of 2683 companies for ROE %. This places Fuller in the top 25% of its industry — outperforming the majority of peers. The industry median ROE % is 4.73. Fuller's value of 16.05% is 239.3% above this benchmark. Historically, Fuller's own ROE % has ranged from 3.82 to 53.51 over the past decade. While the company's 10-year median is 22.43 vs. the industry median of 4.73, Fuller 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 2,683 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. Fuller's current ROE % of 16.05% is 239.3% 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 Fuller 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. Fuller's current ROE % is 16.05%, which is 28% below median its own 10-year median of 22.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuller stock overvalued right now?
Fuller (TSE:387A) has a current ROE % of 16.05%. The current ROE % is 16.05%, which is 28% below median its 10-year median of 22.43 and 239.3% above the Software industry median of 4.73. Fuller's overall GF Score™ is 19/100 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 Fuller (TSE:387A), the current ROE % is 16.05% as of Dec. 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.
Fuller Inc has been growing its business with its base set in mobile. Fuller, with its core business centered around what smartphones are used for and analyzing data, operates by giving a great deal of consideration to its clients. In order to increase the value of its clients, the company comprehensively supports the success of mobile businesses of its clients through planning business models, researching competitors, developing and operating applications, analyzing usage data, and compiling tailored reports. The company develops apps by planning new business plans for the mobile generation and shifting existing services to mobile devices.
19GF Score
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