Tomoe Engineering Co (TSE:6309) ROE %: 12.91% (As of Apr. 2026) — 105% Above Median


TSE:6309 Tomoe Engineering Co Ltd TSE:6309
86 GF Score
Price 円1,901.00
GF Value 円1,614.29
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Tomoe Engineering Co ROE %?

Tomoe Engineering Co TSE:6309 +1.77% 86 ROE % is 12.91% as of Apr. 2026, which is 105% above its 10-year median of 6.31. GuruFocus rates TSE:6309 with a GF Score™ of 86/100 and a GF Value™ of 円1,614.29 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 3,005 Industrial Products companies, Tomoe Engineering Co ranks better than 66.29% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tomoe Engineering Co's annualized net income for the quarter that ended in Apr. 2026 was 円5,586 Mil. Tomoe Engineering Co's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was 円43,279 Mil. Therefore, Tomoe Engineering Co's annualized ROE % for the quarter that ended in Apr. 2026 was 12.91%.

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

TSE:6309' s ROE % Range Over the Past 10 Years
Min: 3.85   Med: 6.31   Max: 9.58
Current: 9.58

During the past 13 years, Tomoe Engineering Co's highest ROE % was 9.58%. The lowest was 3.85%. And the median was 6.31%.

TSE:6309's ROE % is ranked better than
66.29% of 3005 companies
in the Industrial Products industry
Industry Median: 5.85 vs TSE:6309: 9.58

Tomoe Engineering Co  (TSE:6309) 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
=5586/43278.5465
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5586 / 61698)*(61698 / 56674.8815)*(56674.8815 / 43278.5465)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.05 %*1.0886*1.3095
=ROA %*Equity Multiplier
=9.85 %*1.3095
=12.91 %

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
=5586/43278.5465
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5586 / 8274) * (8274 / 7406) * (7406 / 61698) * (61698 / 56674.8815) * (56674.8815 / 43278.5465)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6751 * 1.1172 * 12 % * 1.0886 * 1.3095
=12.91 %

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.


Tomoe Engineering Co ROE % Related Terms


Tomoe Engineering Co ROE % Historical Data

* Premium members only.

The historical data trend for Tomoe Engineering 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.

Tomoe Engineering Co ROE % Chart

Tomoe Engineering Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.86 8.03 7.68 9.49 9.38

Tomoe Engineering Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.36 7.60 12.75 6.13 12.91

TSE:6309 vs GEV, ETN, PH: ROE % Comparison

For the Specialty Industrial Machinery subindustry, Tomoe Engineering 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.


Tomoe Engineering Co ROE % vs Industrial Products Industry

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

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


TSE:6309
86GF Score
Tomoe Engineering Co Ltd TSE:6309
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tomoe Engineering Co ROE % Calculation

Tomoe Engineering Co'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 )
=3851.323/( (39351.302+42737.093)/ 2 )
=3851.323/41044.1975
=9.38 %

Tomoe Engineering Co'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 )
=5586/( (42737.093+43820)/ 2 )
=5586/43278.5465
=12.91 %

* 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 12.91% mean?
Tomoe Engineering Co (TSE:6309) has a ROE % of 12.91% 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 Tomoe Engineering Co and its competitors. This is 105% above median its historical median of 6.31. Over the past decade, Tomoe Engineering Co's ROE % has ranged from 3.85 to 9.58. According to the industry distribution chart, Tomoe Engineering Co ranks #1013 out of 3005 companies in the Industrial Products industry, placing it in the top 33.7%.
Is Tomoe Engineering Co's ROE % too high?
Tomoe Engineering Co's current ROE % of 12.91% is 105% above median its 10-year median of 6.31. Over the past 10 years, this metric has ranged from a low of 3.85 to a high of 9.58. The Industrial Products industry median ROE % is 5.85. Tomoe Engineering Co's value of 12.91% is 120.7% above this industry median. Based on the distribution chart, Tomoe Engineering Co ranks #1013 out of 3005 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tomoe Engineering Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tomoe Engineering Co's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tomoe Engineering Co ranks #1013 out of 3005 companies for ROE %. This puts Tomoe Engineering Co in the upper half of its industry. The industry median ROE % is 5.85. Tomoe Engineering Co's value of 12.91% is 120.7% above this benchmark. Historically, Tomoe Engineering Co's own ROE % has ranged from 3.85 to 9.58 over the past decade. While the company's 10-year median is 6.31 vs. the industry median of 5.85, Tomoe Engineering 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. Tomoe Engineering Co's current ROE % of 12.91% is 120.7% 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 Tomoe Engineering 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. Tomoe Engineering Co's current ROE % is 12.91%, which is 105% above median its own 10-year median of 6.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomoe Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Tomoe Engineering Co (TSE:6309) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,614.29, compared to a current price of 円1,901.00 — trading 17.8% above its estimated fair value. The current ROE % is 12.91%, which is 105% above median its 10-year median of 6.31 and 120.7% above the Industrial Products industry median of 5.85. Tomoe Engineering Co's overall GF Score™ is 86/100 with 1 warning sign 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 Tomoe Engineering Co (TSE:6309), the current ROE % is 12.91% 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 Tomoe Engineering Co (TSE:6309) Overvalued in 2026?

Based on GuruFocus' analysis, Tomoe Engineering Co stock appears to be overvalued. The current stock price of 円1,901.00 is trading 17.8% above its estimated GF Value™ of 円1,614.29. GuruFocus considers Tomoe Engineering Co to be Modestly Overvalued.

Key valuation signals for TSE:6309:

  • ROE %: 12.91% (105% above median its 10-year median of 6.31)
  • GF Value™: 円1,614.29 vs. price of 円1,901.00 (17.8% above fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 120.7% above the Industrial Products median (#1013 of 3005)

No single metric tells the full story. See the TSE:6309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tomoe Engineering Co Business Description

Address 5-15 Kitashinagawa 5-chome, Osaki Bright Core, Shinagawa-ku, Tokyo, JPN, 141-0001
Tomoe Engineering Co Ltd is engaged in the manufacture and sale of centrifuges and the supply of chemical industrial products. Its product portfolio comprises centrifugal separators for applications in different industries, including wastewater and sludge treatment, food, animal feed, energy, biology, chemicals, and others. In addition, the group offers different industrial chemical products such as synthetic resins, alumina hydrate, electrode paste, UV curing resins, zirconia, silica fume, etc. The group's reportable segments are Chemical industrial product sales business, which generates maximum revenue, and the Machinery manufacturing and sales business.
86GF Score

Get the complete analysis for TSE:6309

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

円1,901.00
Price
円1,614.29
GF Value