Kyoei SteelTSE:5440 +1.93%75 ROE % is 3.69% as of Mar. 2026, which is 28% below its 10-year median of 5.10. GuruFocus rates TSE:5440 with a GF Score™ of 75/100 and a GF Value™ of 円2,013.67 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 620 Steel companies, Kyoei Steel ranks better than 56.94% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kyoei Steel's annualized net income for the quarter that ended in Mar. 2026 was 円7,684 Mil. Kyoei Steel's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円208,418 Mil. Therefore, Kyoei Steel's annualized ROE % for the quarter that ended in Mar. 2026 was 3.69%.
The historical rank and industry rank for Kyoei Steel's ROE % or its related term are showing as below:
TSE:5440'
s ROE % Range Over the Past 10 Years
Min: 2.5 Med: 5.1 Max: 7.65
Current: 4.82
During the past 13 years, Kyoei Steel's highest ROE % was 7.65%. The lowest was 2.50%. And the median was 5.10%.
TSE:5440's ROE % is ranked better than 56.94% of 620
companies
in the Steel industry
Industry Median: 3.68
vs TSE:5440: 4.82
Kyoei Steel (TSE:5440) 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 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.
Kyoei Steel ROE % Related Terms
Kyoei Steel ROE % Historical Data
* Premium members only.
The historical data trend for Kyoei Steel'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 Steel subindustry, Kyoei Steel'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.
Kyoei Steel ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, Kyoei Steel's ROE % distribution charts can be found below:
* The bar in red indicates where Kyoei Steel'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 four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Kyoei Steel (TSE:5440) has a ROE % of 3.69% 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 Kyoei Steel and its competitors. This is 28% below median its historical median of 5.10. Over the past decade, Kyoei Steel's ROE % has ranged from 2.50 to 7.65. According to the industry distribution chart, Kyoei Steel ranks #267 out of 620 companies in the Steel industry, placing it in the top 43.1%.
Is Kyoei Steel's ROE % too high?
Kyoei Steel's current ROE % of 3.69% is 28% below median its 10-year median of 5.10. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 7.65. The Steel industry median ROE % is 3.68. Kyoei Steel's value of 3.69% is 0.3% above this industry median. Based on the distribution chart, Kyoei Steel ranks #267 out of 620 companies in the Steel industry, which is above the industry midpoint. Overall, Kyoei Steel has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kyoei Steel's ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Kyoei Steel ranks #267 out of 620 companies for ROE %. This puts Kyoei Steel in the upper half of its industry. The industry median ROE % is 3.68. Kyoei Steel's value of 3.69% is 0.3% above this benchmark. Historically, Kyoei Steel's own ROE % has ranged from 2.50 to 7.65 over the past decade. While the company's 10-year median is 5.10 vs. the industry median of 3.68, Kyoei Steel 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 Steel company?
The median ROE % among Steel companies is 3.68, based on 620 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. Kyoei Steel's current ROE % of 3.69% is 0.3% 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 Kyoei Steel and its competitors. For the Steel industry, the median ROE % is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyoei Steel's current ROE % is 3.69%, which is 28% below median its own 10-year median of 5.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyoei Steel stock overvalued right now?
Based on GuruFocus' analysis, Kyoei Steel (TSE:5440) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,013.67, compared to a current price of 円1,740.00 — trading 13.6% below its estimated fair value. The current ROE % is 3.69%, which is 28% below median its 10-year median of 5.10 and 0.3% above the Steel industry median of 3.68. Kyoei Steel's overall GF Score™ is 75/100 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 Kyoei Steel (TSE:5440), the current ROE % is 3.69% 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 Kyoei Steel (TSE:5440) Overvalued in 2026?
Based on GuruFocus' analysis, Kyoei Steel stock appears to be undervalued.
The current stock price of 円1,740.00 is trading 13.6% below its estimated GF Value™ of 円2,013.67.
GuruFocus considers Kyoei Steel to be Modestly Undervalued.
Key valuation signals for TSE:5440:
ROE %: 3.69% (28% below median its 10-year median of 5.10)
GF Value™: 円2,013.67 vs. price of 円1,740.00 (13.6% below fair value)
Industry Position: 0.3% above the Steel median (#267 of 620)
No single metric tells the full story. See the TSE:5440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kyoei Steel Ltd is involved in the business Steel and Material recycling. Its primary activities include manufacture, processing, and sale of steel billets and products, collection, transportation and treatment of general, industrial and medical waste, recycling of automobiles and industrial waste, processing assembly of rebars, designing of steel production plants and sale of steelmaking technology. The firm's products include concrete steel bars, flat bars, I-beams, equal angle bars etc.
75GF Score
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