NITCHITSU Co (TSE:7021) ROE %: 1.67% (As of Mar. 2026) — 288% Above Median


TSE:7021 NITCHITSU Co Ltd TSE:7021
70 GF Score
Price 円1,791.00
GF Value 円1,933.56
Valuation Fairly Valued
! 5 Warning Signs
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What is NITCHITSU Co ROE %?

NITCHITSU Co TSE:7021 -0.44% 70 ROE % is 1.67% as of Mar. 2026, which is 288% above its 10-year median of 0.43. GuruFocus rates TSE:7021 with a GF Score™ of 70/100 and a GF Value™ of 円1,933.56 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,003 Industrial Products companies, NITCHITSU Co ranks worse than 69.23% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. NITCHITSU Co's annualized net income for the quarter that ended in Mar. 2026 was 円200 Mil. NITCHITSU Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円12,000 Mil. Therefore, NITCHITSU Co's annualized ROE % for the quarter that ended in Mar. 2026 was 1.67%.

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

TSE:7021' s ROE % Range Over the Past 10 Years
Min: -5.11   Med: 0.43   Max: 2.36
Current: 1.66

During the past 13 years, NITCHITSU Co's highest ROE % was 2.36%. The lowest was -5.11%. And the median was 0.43%.

TSE:7021's ROE % is ranked worse than
69.23% of 3003 companies
in the Industrial Products industry
Industry Median: 5.85 vs TSE:7021: 1.66

NITCHITSU Co  (TSE:7021) 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
=199.812/12000.3925
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(199.812 / 9177.37)*(9177.37 / 17095.9925)*(17095.9925 / 12000.3925)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.18 %*0.5368*1.4246
=ROA %*Equity Multiplier
=1.17 %*1.4246
=1.67 %

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
=199.812/12000.3925
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (199.812 / 256.882) * (256.882 / 141.836) * (141.836 / 9177.37) * (9177.37 / 17095.9925) * (17095.9925 / 12000.3925)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7778 * 1.8111 * 1.55 % * 0.5368 * 1.4246
=1.67 %

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.


NITCHITSU Co ROE % Related Terms


NITCHITSU Co ROE % Historical Data

* Premium members only.

The historical data trend for NITCHITSU 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.

NITCHITSU Co ROE % Chart

NITCHITSU 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 -1.11 -5.11 2.36 2.20 1.66

NITCHITSU 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 3.36 3.90 0.56 1.65 1.67

TSE:7021 vs GEV, ETN, PH: ROE % Comparison

For the Specialty Industrial Machinery subindustry, NITCHITSU 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.


NITCHITSU Co ROE % vs Industrial Products Industry

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

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


TSE:7021
70GF Score
NITCHITSU Co Ltd TSE:7021
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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NITCHITSU Co ROE % Calculation

NITCHITSU 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 )
=194.52/( (11232.651+12246.116)/ 2 )
=194.52/11739.3835
=1.66 %

NITCHITSU 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 )
=199.812/( (11754.669+12246.116)/ 2 )
=199.812/12000.3925
=1.67 %

* 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 1.67% mean?
NITCHITSU Co (TSE:7021) has a ROE % of 1.67% 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 NITCHITSU Co and its competitors. This is 288% above median its historical median of 0.43. According to the industry distribution chart, NITCHITSU Co ranks #2079 out of 3003 companies in the Industrial Products industry, placing it in the top 69.2%.
Is NITCHITSU Co's ROE % too high?
NITCHITSU Co's current ROE % of 1.67% is 288% above median its 10-year median of 0.43. The Industrial Products industry median ROE % is 5.85. NITCHITSU Co's value of 1.67% is 71.5% below this industry median. Based on the distribution chart, NITCHITSU Co ranks #2079 out of 3003 companies in the Industrial Products industry, which is below the industry midpoint. Overall, NITCHITSU Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NITCHITSU Co's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, NITCHITSU Co ranks #2079 out of 3003 companies for ROE %. This places NITCHITSU Co in the lower half of its industry. The industry median ROE % is 5.85. NITCHITSU Co's value of 1.67% is 71.5% below this benchmark. While the company's 10-year median is 0.43 vs. the industry median of 5.85, NITCHITSU Co has consistently been below 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 3,003 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. NITCHITSU Co's current ROE % of 1.67% is 71.5% below 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 NITCHITSU 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. NITCHITSU Co's current ROE % is 1.67%, which is 288% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NITCHITSU Co stock overvalued right now?
Based on GuruFocus' analysis, NITCHITSU Co (TSE:7021) is currently considered Fairly Valued. The stock's GF Value™ is 円1,933.56, compared to a current price of 円1,791.00 — trading 7.4% below its estimated fair value. The current ROE % is 1.67%, which is 288% above median its 10-year median of 0.43 and 71.5% below the Industrial Products industry median of 5.85. NITCHITSU Co's overall GF Score™ is 70/100 with 5 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 NITCHITSU Co (TSE:7021), the current ROE % is 1.67% 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 NITCHITSU Co (TSE:7021) Overvalued in 2026?

Based on GuruFocus' analysis, NITCHITSU Co stock appears to be undervalued. The current stock price of 円1,791.00 is trading 7.4% below its estimated GF Value™ of 円1,933.56. GuruFocus considers NITCHITSU Co to be Fairly Valued.

Key valuation signals for TSE:7021:

  • ROE %: 1.67% (288% above median its 10-year median of 0.43)
  • GF Value™: 円1,933.56 vs. price of 円1,791.00 (7.4% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 71.5% below the Industrial Products median (#2079 of 3003)

No single metric tells the full story. See the TSE:7021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NITCHITSU Co Business Description

Address 1-11-30 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
NITCHITSU Co Ltd is a diversified industrial machinery manufacturing company. It is organized into four business units - Machinery related business, Resource related business, Real estate-related business, and Material related business. The Machinery related business manufactures and sells air preheaters and their elements, marine equipment and industrial equipment. The Resource business is engaged in the mining, processing and selling of crystalline limestone. The Real estate-related business is engaged in property leasing activities. The Material division manufactures and sells heat-resistant paints and purchases, processes and sell of linatex.
70GF Score

Get the complete analysis for TSE:7021

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

円1,791.00
Price
円1,933.56
GF Value