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TSE:6040'
s ROE % Range Over the Past 10 Years
Min: -8.99 Med: 6.42 Max: 21.2
Current: 16.7
During the past 12 years, Nippon Ski Resort Development Co's highest ROE % was 21.20%. The lowest was -8.99%. And the median was 6.42%.
TSE:6040's ROE % is ranked better than 77.44% of 820
companies
in the Travel & Leisure industry
Industry Median: 5.485
vs TSE:6040: 16.70
Nippon Ski Resort Development Co (TSE:6040) 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 (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.
Nippon Ski Resort Development Co ROE % Related Terms
Nippon Ski Resort Development Co ROE % Historical Data
* 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 Resorts & Casinos subindustry, Nippon Ski Resort Development 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.
Nippon Ski Resort Development Co ROE % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Nippon Ski Resort Development Co's ROE % distribution charts can be found below:
* The bar in red indicates where Nippon Ski Resort Development Co'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 (Jan. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Nippon Ski Resort Development Co (TSE:6040) has a ROE % of 12.74% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nippon Ski Resort Development Co and its competitors. This is 98% above median its historical median of 6.42. According to the industry distribution chart, Nippon Ski Resort Development Co ranks #185 out of 820 companies in the Travel & Leisure industry, placing it in the top 22.6%.
Is Nippon Ski Resort Development Co's ROE % too high?
Nippon Ski Resort Development Co's current ROE % of 12.74% is 98% above median its 10-year median of 6.42. The Travel & Leisure industry median ROE % is 5.49. Nippon Ski Resort Development Co's value of 12.74% is 132.3% above this industry median. Based on the distribution chart, Nippon Ski Resort Development Co ranks #185 out of 820 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Ski Resort Development Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Ski Resort Development Co's ROE % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Nippon Ski Resort Development Co ranks #185 out of 820 companies for ROE %. This places Nippon Ski Resort Development Co in the top 23% of its industry — outperforming the majority of peers. The industry median ROE % is 5.49. Nippon Ski Resort Development Co's value of 12.74% is 132.3% above this benchmark. While the company's 10-year median is 6.42 vs. the industry median of 5.49, Nippon Ski Resort Development Co 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 Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.49, based on 820 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. Nippon Ski Resort Development Co's current ROE % of 12.74% is 132.3% 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 Nippon Ski Resort Development Co and its competitors. For the Travel & Leisure industry, the median ROE % is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Ski Resort Development Co's current ROE % is 12.74%, which is 98% above median its own 10-year median of 6.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Ski Resort Development Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Ski Resort Development Co (TSE:6040) is currently considered Modestly Undervalued. The stock's GF Value™ is 円565.28, compared to a current price of 円502.00 — trading 11.2% below its estimated fair value. The current ROE % is 12.74%, which is 98% above median its 10-year median of 6.42 and 132.3% above the Travel & Leisure industry median of 5.49. Nippon Ski Resort Development Co's overall GF Score™ is 79/100 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 Nippon Ski Resort Development Co (TSE:6040), the current ROE % is 12.74% as of Jan. 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 Nippon Ski Resort Development Co (TSE:6040) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Ski Resort Development Co stock appears to be undervalued.
The current stock price of 円502.00 is trading 11.2% below its estimated GF Value™ of 円565.28.
GuruFocus considers Nippon Ski Resort Development Co to be Modestly Undervalued.
Key valuation signals for TSE:6040:
ROE %: 12.74% (98% above median its 10-year median of 6.42)
GF Value™: 円565.28 vs. price of 円502.00 (11.2% below fair value)
Industry Position: 132.3% above the Travel & Leisure median (#185 of 820)
No single metric tells the full story. See the TSE:6040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Ski Resort Development Co Business Description
Nippon Ski Resort Development Co Ltd engages in the management and operation of ski resorts, and relevant facilities and services. It also provides consulting and advisory services on ski resorts, including technical support, business support, rental business support, and other services.
79GF Score
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