Sincere Co (TSE:7782) ROE %: 2.46% (As of Dec. 2025) — 70% Below Median

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TSE:7782 Sincere Co Ltd TSE:7782
77 GF Score
Price 円472.00
GF Value 円689.09
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Sincere Co ROE %?

Sincere Co TSE:7782 +0.21% 77 ROE % is 2.46% as of Dec. 2025, which is 70% below its 10-year median of 8.29. GuruFocus rates TSE:7782 with a GF Score™ of 77/100 and a GF Value™ of 円689.09 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 799 Medical Devices & Instruments companies, Sincere Co ranks better than 70.09% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sincere Co's annualized net income for the quarter that ended in Dec. 2025 was 円69 Mil. Sincere Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was 円2,802 Mil. Therefore, Sincere Co's annualized ROE % for the quarter that ended in Dec. 2025 was 2.46%.

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

TSE:7782' s ROE % Range Over the Past 10 Years
Min: 0.76   Med: 8.29   Max: 13.44
Current: 8.95

During the past 12 years, Sincere Co's highest ROE % was 13.44%. The lowest was 0.76%. And the median was 8.29%.

TSE:7782's ROE % is ranked better than
70.09% of 799 companies
in the Medical Devices & Instruments industry
Industry Median: 2.68 vs TSE:7782: 8.95

Sincere Co  (TSE:7782) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=68.832/2801.508
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(68.832 / 8147.084)*(8147.084 / 5523.77)*(5523.77 / 2801.508)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.84 %*1.4749*1.9717
=ROA %*Equity Multiplier
=1.24 %*1.9717
=2.46 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=68.832/2801.508
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (68.832 / 279.344) * (279.344 / 518.004) * (518.004 / 8147.084) * (8147.084 / 5523.77) * (5523.77 / 2801.508)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.2464 * 0.5393 * 6.36 % * 1.4749 * 1.9717
=2.46 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.


Sincere Co ROE % Related Terms


Sincere Co ROE % Historical Data

* Premium members only.

The historical data trend for Sincere 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.

Sincere Co ROE % Chart

Sincere Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.19 3.28 13.44 11.82 9.58

Sincere Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 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 13.37 12.32 11.30 2.46 9.81

TSE:7782 vs ISRG, BDX, MDLN: ROE % Comparison

For the Medical Instruments & Supplies subindustry, Sincere 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.


Sincere Co ROE % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sincere Co's ROE % distribution charts can be found below:

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


TSE:7782
77GF Score
Sincere Co Ltd TSE:7782
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sincere Co ROE % Calculation

Sincere Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=264.345/( (2697.242+2818.865)/ 2 )
=264.345/2758.0535
=9.58 %

Sincere Co's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=68.832/( (2784.151+2818.865)/ 2 )
=68.832/2801.508
=2.46 %

* 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 (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 2.46% mean?
Sincere Co (TSE:7782) has a ROE % of 2.46% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Sincere Co and its competitors. This is 70% below median its historical median of 8.29. Over the past decade, Sincere Co's ROE % has ranged from 0.76 to 13.44. According to the industry distribution chart, Sincere Co ranks #239 out of 799 companies in the Medical Devices & Instruments industry, placing it in the top 29.9%.
Is Sincere Co's ROE % too high?
Sincere Co's current ROE % of 2.46% is 70% below median its 10-year median of 8.29. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 13.44. The Medical Devices & Instruments industry median ROE % is 2.68. Sincere Co's value of 2.46% is 8.2% below this industry median. Based on the distribution chart, Sincere Co ranks #239 out of 799 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Sincere Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sincere Co's ROE % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Sincere Co ranks #239 out of 799 companies for ROE %. This puts Sincere Co in the upper half of its industry. The industry median ROE % is 2.68. Sincere Co's value of 2.46% is 8.2% below this benchmark. Historically, Sincere Co's own ROE % has ranged from 0.76 to 13.44 over the past decade. While the company's 10-year median is 8.29 vs. the industry median of 2.68, Sincere 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 a Medical Devices & Instruments company?
The median ROE % among Medical Devices & Instruments companies is 2.68, based on 799 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. Sincere Co's current ROE % of 2.46% is 8.2% 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 Sincere Co and its competitors. For the Medical Devices & Instruments industry, the median ROE % is 2.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sincere Co's current ROE % is 2.46%, which is 70% below median its own 10-year median of 8.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sincere Co stock overvalued right now?
Based on GuruFocus' analysis, Sincere Co (TSE:7782) is currently considered Significantly Undervalued. The stock's GF Value™ is 円689.09, compared to a current price of 円472.00 — trading 31.5% below its estimated fair value. The current ROE % is 2.46%, which is 70% below median its 10-year median of 8.29 and 8.2% below the Medical Devices & Instruments industry median of 2.68. Sincere Co's overall GF Score™ is 77/100 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 Sincere Co (TSE:7782), the current ROE % is 2.46% as of Dec. 2025. 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 Sincere Co (TSE:7782) Overvalued in 2026?

Based on GuruFocus' analysis, Sincere Co stock appears to be undervalued. The current stock price of 円472.00 is trading 31.5% below its estimated GF Value™ of 円689.09. GuruFocus considers Sincere Co to be Significantly Undervalued.

Key valuation signals for TSE:7782:

  • ROE %: 2.46% (70% below median its 10-year median of 8.29)
  • GF Value™: 円689.09 vs. price of 円472.00 (31.5% below fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 8.2% below the Medical Devices & Instruments median (#239 of 799)

No single metric tells the full story. See the TSE:7782 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sincere Co Business Description

Address 1-28-34 Hongo, Bunkyo-ku, 6th Floor, Hongo MK Building, Tokyo, JPN, 113-0033
Sincere Co Ltd is a Japanese firm engaged in the manufacturing and sale of contact lens.As a company that manufactures and sells contact lenses, which are high-regulated medical devices, it place the highest priority on product safety and quality control, while working closely with company's customers to develop a variety-of-products and sell them at affordable prices to please as many customers as possible. The company opperates domestically as well as internationally.
77GF Score

Get the complete analysis for TSE:7782

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

円472.00
Price
円689.09
GF Value