Blue Zones Holdings Co (TSE:417A) ROE %: -2.70% (As of Mar. 2026)


TSE:417A Blue Zones Holdings Co Ltd TSE:417A
88 GF Score
Price 円1,751.00
GF Value 円2,219.54
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Blue Zones Holdings Co ROE %?

Blue Zones Holdings Co TSE:417A -1.46% 88 ROE % is -2.70% as of Mar. 2026. GuruFocus rates TSE:417A with a GF Score™ of 88/100 and a GF Value™ of 円2,219.54 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 307 Retail - Defensive companies, Blue Zones Holdings Co ranks better than 61.24% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Blue Zones Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was 円-5,484 Mil. Blue Zones Holdings Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円203,206 Mil. Therefore, Blue Zones Holdings Co's annualized ROE % for the quarter that ended in Mar. 2026 was -2.70%.

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

TSE:417A' s ROE % Range Over the Past 10 Years
Min: 11.56   Med: 12.56   Max: 13.78
Current: 12.21

During the past 13 years, Blue Zones Holdings Co's highest ROE % was 13.78%. The lowest was 11.56%. And the median was 12.56%.

TSE:417A's ROE % is ranked better than
61.24% of 307 companies
in the Retail - Defensive industry
Industry Median: 8.56 vs TSE:417A: 12.21

Blue Zones Holdings Co  (TSE:417A) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-5484/203206
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5484 / 819552)*(819552 / 426861)*(426861 / 203206)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.67 %*1.92*2.1006
=ROA %*Equity Multiplier
=-1.29 %*2.1006
=-2.70 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-5484/203206
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-5484 / -15620) * (-15620 / -4716) * (-4716 / 819552) * (819552 / 426861) * (426861 / 203206)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.3511 * 3.3121 * -0.58 % * 1.92 * 2.1006
=-2.70 %

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.


Blue Zones Holdings Co ROE % Related Terms


Blue Zones Holdings Co ROE % Historical Data

* Premium members only.

The historical data trend for Blue Zones Holdings 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.

Blue Zones Holdings Co ROE % Chart

Blue Zones Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.53 11.72 11.79 11.56 12.40

Blue Zones Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -6.08 15.60 17.32 19.21 -2.70

TSE:417A vs KR: ROE % Comparison

For the Grocery Stores subindustry, Blue Zones Holdings 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.


Blue Zones Holdings Co ROE % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Blue Zones Holdings Co's ROE % distribution charts can be found below:

* The bar in red indicates where Blue Zones Holdings Co's ROE % falls into.


TSE:417A
88GF Score
Blue Zones Holdings Co Ltd TSE:417A
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Blue Zones Holdings Co ROE % Calculation

Blue Zones Holdings Co's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=23596/( (181102+199561)/ 2 )
=23596/190331.5
=12.40 %

Blue Zones Holdings Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-5484/( (206851+199561)/ 2 )
=-5484/203206
=-2.70 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -2.70% mean?
Blue Zones Holdings Co (TSE:417A) has a ROE % of -2.70% 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 Blue Zones Holdings Co and its competitors. Over the past decade, Blue Zones Holdings Co's ROE % has ranged from 11.56 to 13.78. According to the industry distribution chart, Blue Zones Holdings Co ranks #119 out of 307 companies in the Retail - Defensive industry, placing it in the top 38.8%.
Is Blue Zones Holdings Co's ROE % too high?
Blue Zones Holdings Co's current ROE % is -2.70%. Over the past 10 years, this metric has ranged from a low of 11.56 to a high of 13.78. Based on the distribution chart, Blue Zones Holdings Co ranks #119 out of 307 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Blue Zones Holdings Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blue Zones Holdings Co's ROE % compare to KR?
According to the Retail - Defensive industry distribution chart, Blue Zones Holdings Co ranks #119 out of 307 companies for ROE %. This puts Blue Zones Holdings Co in the upper half of its industry. The industry median ROE % is 8.56. Historically, Blue Zones Holdings Co's own ROE % has ranged from 11.56 to 13.78 over the past decade. 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 Retail - Defensive company?
The median ROE % among Retail - Defensive companies is 8.56, based on 307 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. 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 Blue Zones Holdings Co and its competitors. For the Retail - Defensive industry, the median ROE % is 8.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Zones Holdings Co's current ROE % is -2.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Zones Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Blue Zones Holdings Co (TSE:417A) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,219.54, compared to a current price of 円1,751.00 — trading 21.1% below its estimated fair value. The current ROE % is -2.70%. Blue Zones Holdings Co's overall GF Score™ is 88/100 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 Blue Zones Holdings Co (TSE:417A), the current ROE % is -2.70% 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 Blue Zones Holdings Co (TSE:417A) Overvalued in 2026?

Based on GuruFocus' analysis, Blue Zones Holdings Co stock appears to be undervalued. The current stock price of 円1,751.00 is trading 21.1% below its estimated GF Value™ of 円2,219.54. GuruFocus considers Blue Zones Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:417A:

  • ROE %: -2.70%
  • GF Value™: 円2,219.54 vs. price of 円1,751.00 (21.1% below fair value)
  • GF Score™: 88/100 with 1 warning sign

No single metric tells the full story. See the TSE:417A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Blue Zones Holdings Co Business Description

Address 1-10-1, Arajukumachi, Saitama Prefecture, Kawagoe-shi, JPN, 350-1124
Blue Zones Holdings Co Ltd is a supermarket operator. The company is headquartered in Japan and generates all revenue domestically. The company is engaged in managing and operating the Group companies focused on food supermarket operations, trading, and other related businesses.
88GF Score

Get the complete analysis for TSE:417A

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

円1,751.00
Price
円2,219.54
GF Value