Cinc (TSE:4378) ROE %: 7.87% (As of Apr. 2026) — 58% Above Median


TSE:4378 Cinc Corp TSE:4378
73 GF Score
Price 円537.00
GF Value 円763.36
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Cinc ROE %?

Cinc TSE:4378 +3.47% 73 ROE % is 7.87% as of Apr. 2026, which is 58% above its 10-year median of 4.97. GuruFocus rates TSE:4378 with a GF Score™ of 73/100 and a GF Value™ of 円763.36 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,677 Software companies, Cinc ranks worse than 72.13% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cinc's annualized net income for the quarter that ended in Apr. 2026 was 円85 Mil. Cinc's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was 円1,079 Mil. Therefore, Cinc's annualized ROE % for the quarter that ended in Apr. 2026 was 7.87%.

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

TSE:4378' s ROE % Range Over the Past 10 Years
Min: -11.87   Med: 4.97   Max: 33.02
Current: -8.66

During the past 7 years, Cinc's highest ROE % was 33.02%. The lowest was -11.87%. And the median was 4.97%.

TSE:4378's ROE % is ranked worse than
72.13% of 2677 companies
in the Software industry
Industry Median: 4.73 vs TSE:4378: -8.66

Cinc  (TSE:4378) 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: Apr. 2026 )
=Net Income/Total Stockholders Equity
=84.92/1079.3855
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(84.92 / 1705.638)*(1705.638 / 1412.6355)*(1412.6355 / 1079.3855)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.98 %*1.2074*1.3087
=ROA %*Equity Multiplier
=6.01 %*1.3087
=7.87 %

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: Apr. 2026 )
=Net Income/Total Stockholders Equity
=84.92/1079.3855
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (84.92 / 114.692) * (114.692 / 109.774) * (109.774 / 1705.638) * (1705.638 / 1412.6355) * (1412.6355 / 1079.3855)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7404 * 1.0448 * 6.44 % * 1.2074 * 1.3087
=7.87 %

Note: The net income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 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.


Cinc ROE % Related Terms


Cinc ROE % Historical Data

* Premium members only.

The historical data trend for Cinc'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.

Cinc ROE % Chart

Cinc Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROE %
Get a 7-Day Free Trial 16.93 14.42 0.35 3.46 -11.87

Cinc Semi-Annual Data
Oct19 Oct20 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.10 3.86 -8.60 -17.27 7.87

TSE:4378 vs MSFT, ORCL, PLTR: ROE % Comparison

For the Software - Infrastructure subindustry, Cinc'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.


Cinc ROE % vs Software Industry

For the Software industry and Technology sector, Cinc's ROE % distribution charts can be found below:

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


TSE:4378
73GF Score
Cinc Corp TSE:4378
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cinc ROE % Calculation

Cinc's annualized ROE % for the fiscal year that ended in Oct. 2025 is calculated as

ROE %=Net Income (A: Oct. 2025 )/( (Total Stockholders Equity (A: Oct. 2024 )+Total Stockholders Equity (A: Oct. 2025 ))/ count )
=-152.586/( (1514.941+1055.757)/ 2 )
=-152.586/1285.349
=-11.87 %

Cinc's annualized ROE % for the quarter that ended in Apr. 2026 is calculated as

ROE %=Net Income (Q: Apr. 2026 )/( (Total Stockholders Equity (Q: Oct. 2025 )+Total Stockholders Equity (Q: Apr. 2026 ))/ count )
=84.92/( (1055.757+1103.014)/ 2 )
=84.92/1079.3855
=7.87 %

* 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 (Apr. 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 7.87% mean?
Cinc (TSE:4378) has a ROE % of 7.87% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Cinc and its competitors. This is 58% above median its historical median of 4.97. According to the industry distribution chart, Cinc ranks #1931 out of 2677 companies in the Software industry, placing it in the top 72.1%.
Is Cinc's ROE % too high?
Cinc's current ROE % of 7.87% is 58% above median its 10-year median of 4.97. The Software industry median ROE % is 4.73. Cinc's value of 7.87% is 66.4% above this industry median. Based on the distribution chart, Cinc ranks #1931 out of 2677 companies in the Software industry, which is below the industry midpoint. Overall, Cinc has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cinc's ROE % compare to MSFT and ORCL?
According to the Software industry distribution chart, Cinc ranks #1931 out of 2677 companies for ROE %. This places Cinc in the lower half of its industry. The industry median ROE % is 4.73. Cinc's value of 7.87% is 66.4% above this benchmark. While the company's 10-year median is 4.97 vs. the industry median of 4.73, Cinc 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. Cinc's current ROE % of 7.87% is 66.4% 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 Cinc 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. Cinc's current ROE % is 7.87%, which is 58% above median its own 10-year median of 4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cinc stock overvalued right now?
Based on GuruFocus' analysis, Cinc (TSE:4378) is currently considered Possible Value Trap. The stock's GF Value™ is 円763.36, compared to a current price of 円537.00 — trading 29.7% below its estimated fair value. The current ROE % is 7.87%, which is 58% above median its 10-year median of 4.97 and 66.4% above the Software industry median of 4.73. Cinc's overall GF Score™ is 73/100 with 4 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 Cinc (TSE:4378), the current ROE % is 7.87% as of Apr. 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 Cinc (TSE:4378) Overvalued in 2026?

Based on GuruFocus' analysis, Cinc stock appears to be undervalued. The current stock price of 円537.00 is trading 29.7% below its estimated GF Value™ of 円763.36. GuruFocus considers Cinc to be Possible Value Trap.

Key valuation signals for TSE:4378:

  • ROE %: 7.87% (58% above median its 10-year median of 4.97)
  • GF Value™: 円763.36 vs. price of 円537.00 (29.7% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 66.4% above the Software median (#1931 of 2677)

No single metric tells the full story. See the TSE:4378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cinc Business Description

Address 1-9-13 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Cinc Corp develop and provide SaaS products using natural language processing technology and artificial intelligence, and provide consulting services based on big data.
73GF Score

Get the complete analysis for TSE:4378

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

円537.00
Price
円763.36
GF Value