Nittoku Co (TSE:6145) ROE %: 9.34% (As of Mar. 2026) — 27% Above Median


TSE:6145 Nittoku Co Ltd TSE:6145
92 GF Score
Price 円2,835.00
GF Value 円2,859.89
Valuation Fairly Valued
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What is Nittoku Co ROE %?

Nittoku Co TSE:6145 +0.75% 92 ROE % is 9.34% as of Mar. 2026, which is 27% above its 10-year median of 7.35. GuruFocus rates TSE:6145 with a GF Score™ of 92/100 and a GF Value™ of 円2,859.89 (Fairly Valued). Among 3,005 Industrial Products companies, Nittoku Co ranks better than 64.26% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nittoku Co's annualized net income for the quarter that ended in Mar. 2026 was 円3,716 Mil. Nittoku Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円39,799 Mil. Therefore, Nittoku Co's annualized ROE % for the quarter that ended in Mar. 2026 was 9.34%.

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

TSE:6145' s ROE % Range Over the Past 10 Years
Min: 3.45   Med: 7.35   Max: 13.02
Current: 9.03

During the past 13 years, Nittoku Co's highest ROE % was 13.02%. The lowest was 3.45%. And the median was 7.35%.

TSE:6145's ROE % is ranked better than
64.26% of 3005 companies
in the Industrial Products industry
Industry Median: 5.85 vs TSE:6145: 9.03

Nittoku Co  (TSE:6145) 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
=3716/39799
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3716 / 47796)*(47796 / 62316.5)*(62316.5 / 39799)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.77 %*0.767*1.5658
=ROA %*Equity Multiplier
=5.96 %*1.5658
=9.34 %

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
=3716/39799
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3716 / 4672) * (4672 / 5044) * (5044 / 47796) * (47796 / 62316.5) * (62316.5 / 39799)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7954 * 0.9262 * 10.55 % * 0.767 * 1.5658
=9.34 %

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.


Nittoku Co ROE % Related Terms


Nittoku Co ROE % Historical Data

* Premium members only.

The historical data trend for Nittoku 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.

Nittoku Co ROE % Chart

Nittoku 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 7.09 6.41 7.30 3.45 8.97

Nittoku 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 5.25 2.67 14.70 9.31 9.34

TSE:6145 vs GEV, ETN, PH: ROE % Comparison

For the Specialty Industrial Machinery subindustry, Nittoku 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.


Nittoku Co ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nittoku Co's ROE % distribution charts can be found below:

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


TSE:6145
92GF Score
Nittoku Co Ltd TSE:6145
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nittoku Co ROE % Calculation

Nittoku 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 )
=3439/( (36388+40256)/ 2 )
=3439/38322
=8.97 %

Nittoku 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 )
=3716/( (39342+40256)/ 2 )
=3716/39799
=9.34 %

* 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 9.34% mean?
Nittoku Co (TSE:6145) has a ROE % of 9.34% 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 Nittoku Co and its competitors. This is 27% above median its historical median of 7.35. Over the past decade, Nittoku Co's ROE % has ranged from 3.45 to 13.02. According to the industry distribution chart, Nittoku Co ranks #1074 out of 3005 companies in the Industrial Products industry, placing it in the top 35.7%.
Is Nittoku Co's ROE % too high?
Nittoku Co's current ROE % of 9.34% is 27% above median its 10-year median of 7.35. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 13.02. The Industrial Products industry median ROE % is 5.85. Nittoku Co's value of 9.34% is 59.7% above this industry median. Based on the distribution chart, Nittoku Co ranks #1074 out of 3005 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nittoku Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nittoku Co's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nittoku Co ranks #1074 out of 3005 companies for ROE %. This puts Nittoku Co in the upper half of its industry. The industry median ROE % is 5.85. Nittoku Co's value of 9.34% is 59.7% above this benchmark. Historically, Nittoku Co's own ROE % has ranged from 3.45 to 13.02 over the past decade. While the company's 10-year median is 7.35 vs. the industry median of 5.85, Nittoku 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,005 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. Nittoku Co's current ROE % of 9.34% is 59.7% 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 Nittoku Co and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittoku Co's current ROE % is 9.34%, which is 27% above median its own 10-year median of 7.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittoku Co stock overvalued right now?
Based on GuruFocus' analysis, Nittoku Co (TSE:6145) is currently considered Fairly Valued. The stock's GF Value™ is 円2,859.89, compared to a current price of 円2,835.00 — trading 0.9% below its estimated fair value. The current ROE % is 9.34%, which is 27% above median its 10-year median of 7.35 and 59.7% above the Industrial Products industry median of 5.85. Nittoku Co's overall GF Score™ is 92/100. 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 Nittoku Co (TSE:6145), the current ROE % is 9.34% 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 Nittoku Co (TSE:6145) Overvalued in 2026?

Based on GuruFocus' analysis, Nittoku Co stock appears to be undervalued. The current stock price of 円2,835.00 is trading 0.9% below its estimated GF Value™ of 円2,859.89. GuruFocus considers Nittoku Co to be Fairly Valued.

Key valuation signals for TSE:6145:

  • ROE %: 9.34% (27% above median its 10-year median of 7.35)
  • GF Value™: 円2,859.89 vs. price of 円2,835.00 (0.9% below fair value)
  • GF Score™: 92/100
  • Industry Position: 59.7% above the Industrial Products median (#1074 of 3005)

No single metric tells the full story. See the TSE:6145 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nittoku Co Business Description

Address 292-1 Higashimachi, Omiya-ku, Saitama Prefecture, Saitama, JPN, 3368561
Nittoku Co Ltd is a Japan-based company engaged in the manufacturing and sale of coil winding machines and peripheral systems. It also engaged in the factory automation systems and contactless smart cards and parts thereof. The product portfolio of the company includes Relay, Injector coil, Pick up coil, Bobbinless coil, and IC Card among others. The company operates in two reportable segments are the NICS business and the contactless IC tag and card business.
92GF Score

Get the complete analysis for TSE:6145

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

円2,835.00
Price
円2,859.89
GF Value