Togami Electric Mfg Co (TSE:6643) ROE %: 15.68% (As of Mar. 2026) — 60% Above Median

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TSE:6643 Togami Electric Mfg Co Ltd TSE:6643
79 GF Score
Price 円5,180.00
GF Value 円3,866.10
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Togami Electric Mfg Co ROE %?

Togami Electric Mfg Co TSE:6643 -5.30% 79 ROE % is 15.68% as of Mar. 2026, which is 60% above its 10-year median of 9.79. GuruFocus rates TSE:6643 with a GF Score™ of 79/100 and a GF Value™ of 円3,866.10 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 3,001 Industrial Products companies, Togami Electric Mfg Co ranks better than 73.81% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Togami Electric Mfg Co's annualized net income for the quarter that ended in Mar. 2026 was 円3,663 Mil. Togami Electric Mfg Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円23,363 Mil. Therefore, Togami Electric Mfg Co's annualized ROE % for the quarter that ended in Mar. 2026 was 15.68%.

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

TSE:6643' s ROE % Range Over the Past 10 Years
Min: 7.58   Med: 9.79   Max: 23.34
Current: 11.61

During the past 13 years, Togami Electric Mfg Co's highest ROE % was 23.34%. The lowest was 7.58%. And the median was 9.79%.

TSE:6643's ROE % is ranked better than
73.81% of 3001 companies
in the Industrial Products industry
Industry Median: 5.86 vs TSE:6643: 11.61

Togami Electric Mfg Co  (TSE:6643) 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
=3662.76/23363.0145
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3662.76 / 33871.53)*(33871.53 / 32571.7915)*(32571.7915 / 23363.0145)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.81 %*1.0399*1.3942
=ROA %*Equity Multiplier
=11.24 %*1.3942
=15.68 %

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
=3662.76/23363.0145
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3662.76 / 5252.61) * (5252.61 / 4936.156) * (4936.156 / 33871.53) * (33871.53 / 32571.7915) * (32571.7915 / 23363.0145)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6973 * 1.0641 * 14.57 % * 1.0399 * 1.3942
=15.68 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Togami Electric Mfg Co ROE % Related Terms


Togami Electric Mfg Co ROE % Historical Data

* Premium members only.

The historical data trend for Togami Electric Mfg 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.

Togami Electric Mfg Co ROE % Chart

Togami Electric Mfg 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 7.58 7.91 10.55 11.06 11.50

Togami Electric Mfg Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 13.72 9.05 13.17 7.51 15.68

TSE:6643 vs VRT, BE: ROE % Comparison

For the Electrical Equipment & Parts subindustry, Togami Electric Mfg 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.


Togami Electric Mfg Co ROE % vs Industrial Products Industry

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

* The bar in red indicates where Togami Electric Mfg Co's ROE % falls into.


TSE:6643
79GF Score
Togami Electric Mfg Co Ltd TSE:6643
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Togami Electric Mfg Co ROE % Calculation

Togami Electric Mfg 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 )
=2675.569/( (22403.326+24147.786)/ 2 )
=2675.569/23275.556
=11.50 %

Togami Electric Mfg 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: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=3662.76/( (22578.243+24147.786)/ 2 )
=3662.76/23363.0145
=15.68 %

* 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 (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 15.68% mean?
Togami Electric Mfg Co (TSE:6643) has a ROE % of 15.68% 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 Togami Electric Mfg Co and its competitors. This is 60% above median its historical median of 9.79. Over the past decade, Togami Electric Mfg Co's ROE % has ranged from 7.58 to 23.34. According to the industry distribution chart, Togami Electric Mfg Co ranks #786 out of 3001 companies in the Industrial Products industry, placing it in the top 26.2%.
Is Togami Electric Mfg Co's ROE % too high?
Togami Electric Mfg Co's current ROE % of 15.68% is 60% above median its 10-year median of 9.79. Over the past 10 years, this metric has ranged from a low of 7.58 to a high of 23.34. The Industrial Products industry median ROE % is 5.86. Togami Electric Mfg Co's value of 15.68% is 167.6% above this industry median. Based on the distribution chart, Togami Electric Mfg Co ranks #786 out of 3001 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Togami Electric Mfg Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Togami Electric Mfg Co's ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Togami Electric Mfg Co ranks #786 out of 3001 companies for ROE %. This puts Togami Electric Mfg Co in the upper half of its industry. The industry median ROE % is 5.86. Togami Electric Mfg Co's value of 15.68% is 167.6% above this benchmark. Historically, Togami Electric Mfg Co's own ROE % has ranged from 7.58 to 23.34 over the past decade. While the company's 10-year median is 9.79 vs. the industry median of 5.86, Togami Electric Mfg 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 5.86, based on 3,001 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. Togami Electric Mfg Co's current ROE % of 15.68% is 167.6% 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 Togami Electric Mfg Co and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Togami Electric Mfg Co's current ROE % is 15.68%, which is 60% above median its own 10-year median of 9.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Togami Electric Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Togami Electric Mfg Co (TSE:6643) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,866.10, compared to a current price of 円5,180.00 — trading 34% above its estimated fair value. The current ROE % is 15.68%, which is 60% above median its 10-year median of 9.79 and 167.6% above the Industrial Products industry median of 5.86. Togami Electric Mfg Co's overall GF Score™ is 79/100 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 Togami Electric Mfg Co (TSE:6643), the current ROE % is 15.68% 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 Togami Electric Mfg Co (TSE:6643) Overvalued in 2026?

Based on GuruFocus' analysis, Togami Electric Mfg Co stock appears to be overvalued. The current stock price of 円5,180.00 is trading 34% above its estimated GF Value™ of 円3,866.10. GuruFocus considers Togami Electric Mfg Co to be Significantly Overvalued.

Key valuation signals for TSE:6643:

  • ROE %: 15.68% (60% above median its 10-year median of 9.79)
  • GF Value™: 円3,866.10 vs. price of 円5,180.00 (34% above fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 167.6% above the Industrial Products median (#786 of 3001)

No single metric tells the full story. See the TSE:6643 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Togami Electric Mfg Co Business Description

Address 1-1 Ohtakara-Kitamachi, Saga, JPN, 840-0802
Togami Electric Mfg Co Ltd manufactures and sells tracing devices and measuring instruments, control equipment, switchboards, and medium voltage products in Japan. The company offers super line checkers, underground distribution fault locators, string tracers, cell line checkers, and new cell line checkers. It also provides electromagnetic switches, including standard and economical electromagnetic switches, and star-delta starters; explosion proof controllers, such as explosion-proof circuit breakers, and cast iron and aluminum alloy control switches; and anticorrosion controllers comprising water- and corrosion-proof switches.
79GF Score

Get the complete analysis for TSE:6643

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

円5,180.00
Price
円3,866.10
GF Value