Placo Co (TSE:6347) ROE %: 27.76% (As of Mar. 2026) — 206% Above Median

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TSE:6347 Placo Co Ltd TSE:6347
62 GF Score
Price 円266.00
GF Value 円186.70
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Placo Co ROE %?

Placo Co TSE:6347 +1.53% 62 ROE % is 27.76% as of Mar. 2026, which is 206% above its 10-year median of 9.07. GuruFocus rates TSE:6347 with a GF Score™ of 62/100 and a GF Value™ of 円186.70 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,014 Industrial Products companies, Placo Co ranks better than 50.76% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Placo Co's annualized net income for the quarter that ended in Mar. 2026 was 円449 Mil. Placo Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円1,617 Mil. Therefore, Placo Co's annualized ROE % for the quarter that ended in Mar. 2026 was 27.76%.

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

TSE:6347' s ROE % Range Over the Past 10 Years
Min: -14.35   Med: 9.07   Max: 44.63
Current: 6.42

During the past 13 years, Placo Co's highest ROE % was 44.63%. The lowest was -14.35%. And the median was 9.07%.

TSE:6347's ROE % is ranked better than
50.76% of 3014 companies
in the Industrial Products industry
Industry Median: 6.25 vs TSE:6347: 6.42

Placo Co  (TSE:6347) 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
=448.94/1617.1365
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(448.94 / 3943.716)*(3943.716 / 3043.5065)*(3043.5065 / 1617.1365)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.38 %*1.2958*1.882
=ROA %*Equity Multiplier
=14.75 %*1.882
=27.76 %

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
=448.94/1617.1365
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (448.94 / 465.288) * (465.288 / 466.424) * (466.424 / 3943.716) * (3943.716 / 3043.5065) * (3043.5065 / 1617.1365)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9649 * 0.9976 * 11.83 % * 1.2958 * 1.882
=27.76 %

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.


Placo Co ROE % Related Terms


Placo Co ROE % Historical Data

* Premium members only.

The historical data trend for Placo 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.

Placo Co ROE % Chart

Placo 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 9.83 6.93 -14.35 -6.02 5.09

Placo Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -6.75 -5.10 4.11 27.76 -2.03

TSE:6347 vs GEV, ETN, PH: ROE % Comparison

For the Specialty Industrial Machinery subindustry, Placo 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.


Placo Co ROE % vs Industrial Products Industry

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

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


TSE:6347
62GF Score
Placo Co Ltd TSE:6347
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Placo Co ROE % Calculation

Placo 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 )
=82.8/( (1584.022+1672.198)/ 2 )
=82.8/1628.11
=5.09 %

Placo 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 )
=448.94/( (1562.075+1672.198)/ 2 )
=448.94/1617.1365
=27.76 %

* 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 27.76% mean?
Placo Co (TSE:6347) has a ROE % of 27.76% 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 Placo Co and its competitors. This is 206% above median its historical median of 9.07. According to the industry distribution chart, Placo Co ranks #1484 out of 3014 companies in the Industrial Products industry, placing it in the top 49.2%.
Is Placo Co's ROE % too high?
Placo Co's current ROE % of 27.76% is 206% above median its 10-year median of 9.07. The Industrial Products industry median ROE % is 6.25. Placo Co's value of 27.76% is 344.2% above this industry median. Based on the distribution chart, Placo Co ranks #1484 out of 3014 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Placo Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Placo Co's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Placo Co ranks #1484 out of 3014 companies for ROE %. This puts Placo Co in the upper half of its industry. The industry median ROE % is 6.25. Placo Co's value of 27.76% is 344.2% above this benchmark. While the company's 10-year median is 9.07 vs. the industry median of 6.25, Placo 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 6.25, based on 3,014 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. Placo Co's current ROE % of 27.76% is 344.2% 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 Placo Co and its competitors. For the Industrial Products industry, the median ROE % is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Placo Co's current ROE % is 27.76%, which is 206% above median its own 10-year median of 9.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Placo Co stock overvalued right now?
Based on GuruFocus' analysis, Placo Co (TSE:6347) is currently considered Significantly Overvalued. The stock's GF Value™ is 円186.70, compared to a current price of 円266.00 — trading 42.5% above its estimated fair value. The current ROE % is 27.76%, which is 206% above median its 10-year median of 9.07 and 344.2% above the Industrial Products industry median of 6.25. Placo Co's overall GF Score™ is 62/100 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 Placo Co (TSE:6347), the current ROE % is 27.76% 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 Placo Co (TSE:6347) Overvalued in 2026?

Based on GuruFocus' analysis, Placo Co stock appears to be overvalued. The current stock price of 円266.00 is trading 42.5% above its estimated GF Value™ of 円186.70. GuruFocus considers Placo Co to be Significantly Overvalued.

Key valuation signals for TSE:6347:

  • ROE %: 27.76% (206% above median its 10-year median of 9.07)
  • GF Value™: 円186.70 vs. price of 円266.00 (42.5% above fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 344.2% above the Industrial Products median (#1484 of 3014)

No single metric tells the full story. See the TSE:6347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Placo Co Business Description

Address 550 Sasakubo Shinden, Iwatsuki-ku, Saitama prefecture, Saitama, JPN, 339 8558
Placo Co Ltd is a Japanese manufacturer of the plastic processing machine and recycling equipment. The company offers products such as blown film forming machine, blow molding machine, recycling machine, inflation molding equipment, and others.
62GF Score

Get the complete analysis for TSE:6347

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

円266.00
Price
円186.70
GF Value