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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. River Eletec's annualized net income for the quarter that ended in Mar. 2026 was 円326 Mil. River Eletec's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円4,459 Mil. Therefore, River Eletec's annualized ROE % for the quarter that ended in Mar. 2026 was 7.32%.
The historical rank and industry rank for River Eletec's ROE % or its related term are showing as below:
TSE:6666'
s ROE % Range Over the Past 10 Years
Min: -59.46 Med: -1.03 Max: 43.75
Current: -0.27
During the past 13 years, River Eletec's highest ROE % was 43.75%. The lowest was -59.46%. And the median was -1.03%.
TSE:6666's ROE % is ranked worse than 67.94% of 2427
companies
in the Hardware industry
Industry Median: 4.71
vs TSE:6666: -0.27
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 (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.
River Eletec ROE % Related Terms
River Eletec ROE % Historical Data
* Premium members only.
The historical data trend for River Eletec'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.
For the Electronic Components subindustry, River Eletec'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.
River Eletec ROE % vs Hardware Industry
For the Hardware industry and Technology sector, River Eletec's ROE % distribution charts can be found below:
* The bar in red indicates where River Eletec'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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
River Eletec (TSE:6666) has a ROE % of 7.32% 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 River Eletec and its competitors. According to the industry distribution chart, River Eletec ranks #1649 out of 2427 companies in the Hardware industry, placing it in the top 67.9%.
Is River Eletec's ROE % too high?
River Eletec's current ROE % is 7.32%. The Hardware industry median ROE % is 4.71. River Eletec's value of 7.32% is 55.4% above this industry median. Based on the distribution chart, River Eletec ranks #1649 out of 2427 companies in the Hardware industry, which is below the industry midpoint. Overall, River Eletec has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does River Eletec's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, River Eletec ranks #1649 out of 2427 companies for ROE %. This places River Eletec in the lower half of its industry. The industry median ROE % is 4.71. River Eletec's value of 7.32% is 55.4% above this benchmark. 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 Hardware company?
The median ROE % among Hardware companies is 4.71, based on 2,427 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. River Eletec's current ROE % of 7.32% is 55.4% 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 River Eletec and its competitors. For the Hardware industry, the median ROE % is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. River Eletec's current ROE % is 7.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is River Eletec stock overvalued right now?
Based on GuruFocus' analysis, River Eletec (TSE:6666) is currently considered Significantly Overvalued. The stock's GF Value™ is 円482.59, compared to a current price of 円773.00 — trading 60.2% above its estimated fair value. The current ROE % is 7.32% and 55.4% above the Hardware industry median of 4.71. River Eletec's overall GF Score™ is 51/100 with 6 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 River Eletec (TSE:6666), the current ROE % is 7.32% 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 River Eletec (TSE:6666) Overvalued in 2026?
Based on GuruFocus' analysis, River Eletec stock appears to be overvalued.
The current stock price of 円773.00 is trading 60.2% above its estimated GF Value™ of 円482.59.
GuruFocus considers River Eletec to be Significantly Overvalued.
Key valuation signals for TSE:6666:
ROE %: 7.32%
GF Value™: 円482.59 vs. price of 円773.00 (60.2% above fair value)
Industry Position: 55.4% above the Hardware median (#1649 of 2427)
No single metric tells the full story. See the TSE:6666 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
River Eletec Corp is a company engaged in developing and producing electronic parts such as quartz crystal units, crystal oscillators, and resistors. The company's products are used for electronic equipment, including digital cameras, DVD players, cellular phones, and watches. Its segments include the Crystal Product segment and Other Electronic Components segment.
51GF Score
Get the complete analysis for TSE:6666
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