TRaaS On Product (TSE:6696) ROE %: 0.00% (As of Jan. 2026)

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TSE:6696 TRaaS On Product Inc TSE:6696
50 GF Score
Price 円291.00
GF Value 円488.75
Valuation Possible Value Trap
! 2 Warning Signs
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What is TRaaS On Product ROE %?

TRaaS On Product TSE:6696 -3.32% 50 ROE % is 0.00% as of Jan. 2026. GuruFocus rates TSE:6696 with a GF Score™ of 50/100 and a GF Value™ of 円488.75 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,429 Hardware companies, TRaaS On Product ranks worse than 84.85% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. TRaaS On Product's annualized net income for the quarter that ended in Jan. 2026 was 円0.0 Mil. TRaaS On Product's average Total Stockholders Equity over the quarter that ended in Jan. 2026 was 円363.1 Mil. Therefore, TRaaS On Product's annualized ROE % for the quarter that ended in Jan. 2026 was 0.00%.

The historical rank and industry rank for TRaaS On Product's ROE % or its related term are showing as below:

TSE:6696' s ROE % Range Over the Past 10 Years
Min: -110.71   Med: -11.83   Max: 23.13
Current: -14.21

During the past 11 years, TRaaS On Product's highest ROE % was 23.13%. The lowest was -110.71%. And the median was -11.83%.

TSE:6696's ROE % is ranked worse than
84.85% of 2429 companies
in the Hardware industry
Industry Median: 4.68 vs TSE:6696: -14.21

TRaaS On Product  (TSE:6696) 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: Jan. 2026 )
=Net Income/Total Stockholders Equity
=0/363.097
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 575.5905)*(575.5905 / 363.097)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.5852
=ROA %*Equity Multiplier
=N/A %*1.5852
=0.00 %

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: Jan. 2026 )
=Net Income/Total Stockholders Equity
=0/363.097
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0 / 0) * (0 / 0) * (0 / 0) * (0 / 575.5905) * (575.5905 / 363.097)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= N/A * N/A * N/A % * 0 * 1.5852
=0.00 %

Note: The net income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 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.


TRaaS On Product ROE % Related Terms


TRaaS On Product ROE % Historical Data

* Premium members only.

The historical data trend for TRaaS On Product'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.

TRaaS On Product ROE % Chart

TRaaS On Product Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -110.71 -6.26 -23.32 0.57 -16.16

TRaaS On Product Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 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 6.90 -10.68 0.00 0.00 -50.78

TSE:6696 vs CSCO, CIEN, MSI: ROE % Comparison

For the Communication Equipment subindustry, TRaaS On Product'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.


TRaaS On Product ROE % vs Hardware Industry

For the Hardware industry and Technology sector, TRaaS On Product's ROE % distribution charts can be found below:

* The bar in red indicates where TRaaS On Product's ROE % falls into.


TSE:6696
50GF Score
TRaaS On Product Inc TSE:6696
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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TRaaS On Product ROE % Calculation

TRaaS On Product's annualized ROE % for the fiscal year that ended in Jan. 2026 is calculated as

ROE %=Net Income (A: Jan. 2026 )/( (Total Stockholders Equity (A: Jan. 2025 )+Total Stockholders Equity (A: Jan. 2026 ))/ count )
=-61.633/( (412.072+350.915)/ 2 )
=-61.633/381.4935
=-16.16 %

TRaaS On Product's annualized ROE % for the quarter that ended in Jan. 2026 is calculated as

ROE %=Net Income (Q: Jan. 2026 )/( (Total Stockholders Equity (Q: Oct. 2025 )+Total Stockholders Equity (Q: Jan. 2026 ))/ count )
=0/( (375.279+350.915)/ 2 )
=0/363.097
=0.00 %

* 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 (Jan. 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 0.00% mean?
TRaaS On Product (TSE:6696) has a ROE % of 0.00% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on TRaaS On Product and its competitors. According to the industry distribution chart, TRaaS On Product ranks #2061 out of 2429 companies in the Hardware industry, placing it in the top 84.8%.
Is TRaaS On Product's ROE % too high?
TRaaS On Product's current ROE % is 0.00%. Based on the distribution chart, TRaaS On Product ranks #2061 out of 2429 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, TRaaS On Product has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TRaaS On Product's ROE % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, TRaaS On Product ranks #2061 out of 2429 companies for ROE %. This places TRaaS On Product in the lower half of its industry. The industry median ROE % is 4.68. 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 4.68, based on 2,429 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. 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 TRaaS On Product and its competitors. For the Hardware industry, the median ROE % is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRaaS On Product's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRaaS On Product stock overvalued right now?
Based on GuruFocus' analysis, TRaaS On Product (TSE:6696) is currently considered Possible Value Trap. The stock's GF Value™ is 円488.75, compared to a current price of 円291.00 — trading 40.5% below its estimated fair value. The current ROE % is 0.00%. TRaaS On Product's overall GF Score™ is 50/100 with 2 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 TRaaS On Product (TSE:6696), the current ROE % is 0.00% as of Jan. 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 TRaaS On Product (TSE:6696) Overvalued in 2026?

Based on GuruFocus' analysis, TRaaS On Product stock appears to be undervalued. The current stock price of 円291.00 is trading 40.5% below its estimated GF Value™ of 円488.75. GuruFocus considers TRaaS On Product to be Possible Value Trap.

Key valuation signals for TSE:6696:

  • ROE %: 0.00%
  • GF Value™: 円488.75 vs. price of 円291.00 (40.5% below fair value)
  • GF Score™: 50/100 with 2 warning signs

No single metric tells the full story. See the TSE:6696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TRaaS On Product Business Description

Address 2-9-30 Kitasaiwai, Nishi Ward, Yokohama Nishiguchi Kato Building2nd floor, Kanagawa Prefecture, Yokohama, JPN, 220-0004
TRaaS On Product Inc is engaged in telecommunications, followed by the IT revolution, and manufacturing in which the subject of value shifted to something different.
50GF Score

Get the complete analysis for TSE:6696

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

円291.00
Price
円488.75
GF Value