Commerce One Holdings (TSE:4496) ROE %: 11.47% (As of Mar. 2026) — 53% Below Median


TSE:4496 Commerce One Holdings Inc TSE:4496
85 GF Score
Price 円820.00
GF Value 円869.81
Valuation Fairly Valued
! 3 Warning Signs
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What is Commerce One Holdings ROE %?

Commerce One Holdings TSE:4496 +2.63% 85 ROE % is 11.47% as of Mar. 2026, which is 53% below its 10-year median of 24.21. GuruFocus rates TSE:4496 with a GF Score™ of 85/100 and a GF Value™ of 円869.81 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,677 Software companies, Commerce One Holdings ranks better than 66.83% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Commerce One Holdings's annualized net income for the quarter that ended in Mar. 2026 was 円302 Mil. Commerce One Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円2,634 Mil. Therefore, Commerce One Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 11.47%.

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

TSE:4496' s ROE % Range Over the Past 10 Years
Min: 3.41   Med: 24.21   Max: 27.69
Current: 11.64

During the past 9 years, Commerce One Holdings's highest ROE % was 27.69%. The lowest was 3.41%. And the median was 24.21%.

TSE:4496's ROE % is ranked better than
66.83% of 2677 companies
in the Software industry
Industry Median: 4.73 vs TSE:4496: 11.64

Commerce One Holdings  (TSE:4496) 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
=302.182/2634.491
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(302.182 / 3969.788)*(3969.788 / 3653.591)*(3653.591 / 2634.491)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.61 %*1.0865*1.3868
=ROA %*Equity Multiplier
=8.27 %*1.3868
=11.47 %

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
=302.182/2634.491
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (302.182 / 405.14) * (405.14 / 350.334) * (350.334 / 3969.788) * (3969.788 / 3653.591) * (3653.591 / 2634.491)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7459 * 1.1564 * 8.83 % * 1.0865 * 1.3868
=11.47 %

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


Commerce One Holdings ROE % Related Terms


Commerce One Holdings ROE % Historical Data

* Premium members only.

The historical data trend for Commerce One Holdings'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.

Commerce One Holdings ROE % Chart

Commerce One Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only 24.21 18.00 15.19 3.41 11.76

Commerce One Holdings Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 16.06 5.60 1.07 11.69 11.47

TSE:4496 vs MSFT, ORCL, PLTR: ROE % Comparison

For the Software - Infrastructure subindustry, Commerce One Holdings'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.


Commerce One Holdings ROE % vs Software Industry

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

* The bar in red indicates where Commerce One Holdings's ROE % falls into.


TSE:4496
85GF Score
Commerce One Holdings Inc TSE:4496
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Commerce One Holdings ROE % Calculation

Commerce One Holdings'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 )
=302.311/( (2523.215+2616.648)/ 2 )
=302.311/2569.9315
=11.76 %

Commerce One Holdings's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=302.182/( (2652.334+2616.648)/ 2 )
=302.182/2634.491
=11.47 %

* 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 (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 11.47% mean?
Commerce One Holdings (TSE:4496) has a ROE % of 11.47% 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 Commerce One Holdings and its competitors. This is 53% below median its historical median of 24.21. Over the past decade, Commerce One Holdings' ROE % has ranged from 3.41 to 27.69. According to the industry distribution chart, Commerce One Holdings ranks #888 out of 2677 companies in the Software industry, placing it in the top 33.2%.
Is Commerce One Holdings' ROE % too high?
Commerce One Holdings' current ROE % of 11.47% is 53% below median its 10-year median of 24.21. Over the past 10 years, this metric has ranged from a low of 3.41 to a high of 27.69. The Software industry median ROE % is 4.73. Commerce One Holdings' value of 11.47% is 142.5% above this industry median. Based on the distribution chart, Commerce One Holdings ranks #888 out of 2677 companies in the Software industry, which is above the industry midpoint. Overall, Commerce One Holdings has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Commerce One Holdings' ROE % compare to MSFT and ORCL?
According to the Software industry distribution chart, Commerce One Holdings ranks #888 out of 2677 companies for ROE %. This puts Commerce One Holdings in the upper half of its industry. The industry median ROE % is 4.73. Commerce One Holdings' value of 11.47% is 142.5% above this benchmark. Historically, Commerce One Holdings' own ROE % has ranged from 3.41 to 27.69 over the past decade. While the company's 10-year median is 24.21 vs. the industry median of 4.73, Commerce One Holdings 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. Commerce One Holdings's current ROE % of 11.47% is 142.5% 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 Commerce One Holdings 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. Commerce One Holdings's current ROE % is 11.47%, which is 53% below median its own 10-year median of 24.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commerce One Holdings stock overvalued right now?
Based on GuruFocus' analysis, Commerce One Holdings (TSE:4496) is currently considered Fairly Valued. The stock's GF Value™ is 円869.81, compared to a current price of 円820.00 — trading 5.7% below its estimated fair value. The current ROE % is 11.47%, which is 53% below median its 10-year median of 24.21 and 142.5% above the Software industry median of 4.73. Commerce One Holdings' overall GF Score™ is 85/100 with 3 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 Commerce One Holdings (TSE:4496), the current ROE % is 11.47% 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 Commerce One Holdings (TSE:4496) Overvalued in 2026?

Based on GuruFocus' analysis, Commerce One Holdings stock appears to be undervalued. The current stock price of 円820.00 is trading 5.7% below its estimated GF Value™ of 円869.81. GuruFocus considers Commerce One Holdings to be Fairly Valued.

Key valuation signals for TSE:4496:

  • ROE %: 11.47% (53% below median its 10-year median of 24.21)
  • GF Value™: 円869.81 vs. price of 円820.00 (5.7% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 142.5% above the Software median (#888 of 2677)

No single metric tells the full story. See the TSE:4496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Commerce One Holdings Business Description

Address Tokyu Bancho Building, 6th Floor, Yonbancho, Chiyoda-ku, Tokyo, JPN, 102-0081
Commerce One Holdings Inc is a business infrastructure provider for e-commerce business operators. The company provides services that support e-commerce site management in the form of SaaS, for small and medium-sized e-commerce site operators in Japan.
85GF Score

Get the complete analysis for TSE:4496

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

円820.00
Price
円869.81
GF Value