Kamei (TSE:8037) ROE %: 10.82% (As of Mar. 2026) — 55% Above Median

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TSE:8037 Kamei Corp TSE:8037
74 GF Score
Price 円3,715.00
GF Value 円2,311.50
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Kamei ROE %?

Kamei TSE:8037 +1.78% 74 ROE % is 10.82% as of Mar. 2026, which is 55% above its 10-year median of 7.00. GuruFocus rates TSE:8037 with a GF Score™ of 74/100 and a GF Value™ of 円2,311.50 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 955 Oil & Gas companies, Kamei ranks better than 54.55% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kamei's annualized net income for the quarter that ended in Mar. 2026 was 円18,256 Mil. Kamei's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円168,661 Mil. Therefore, Kamei's annualized ROE % for the quarter that ended in Mar. 2026 was 10.82%.

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

TSE:8037' s ROE % Range Over the Past 10 Years
Min: 6.48   Med: 7   Max: 9.04
Current: 7.31

During the past 13 years, Kamei's highest ROE % was 9.04%. The lowest was 6.48%. And the median was 7.00%.

TSE:8037's ROE % is ranked better than
54.55% of 955 companies
in the Oil & Gas industry
Industry Median: 5.89 vs TSE:8037: 7.31

Kamei  (TSE:8037) 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
=18256/168661
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(18256 / 646108)*(646108 / 329414.5)*(329414.5 / 168661)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.83 %*1.9614*1.9531
=ROA %*Equity Multiplier
=5.55 %*1.9531
=10.82 %

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
=18256/168661
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (18256 / 28052) * (28052 / 24556) * (24556 / 646108) * (646108 / 329414.5) * (329414.5 / 168661)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6508 * 1.1424 * 3.8 % * 1.9614 * 1.9531
=10.82 %

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


Kamei ROE % Related Terms


Kamei ROE % Historical Data

* Premium members only.

The historical data trend for Kamei'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.

Kamei ROE % Chart

Kamei 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 7.12 6.52 7.02 6.92 7.18

Kamei Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 9.12 7.43 4.55 6.39 10.82

TSE:8037 vs VLO, MPC, PSX: ROE % Comparison

For the Oil & Gas Refining & Marketing subindustry, Kamei'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.


Kamei ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kamei's ROE % distribution charts can be found below:

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


TSE:8037
74GF Score
Kamei Corp TSE:8037
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kamei ROE % Calculation

Kamei'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 )
=11900/( (158119+173544)/ 2 )
=11900/165831.5
=7.18 %

Kamei's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=18256/( (163778+173544)/ 2 )
=18256/168661
=10.82 %

* 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 (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 10.82% mean?
Kamei (TSE:8037) has a ROE % of 10.82% 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 Kamei and its competitors. This is 55% above median its historical median of 7.00. Over the past decade, Kamei's ROE % has ranged from 6.48 to 9.04. According to the industry distribution chart, Kamei ranks #434 out of 955 companies in the Oil & Gas industry, placing it in the top 45.4%.
Is Kamei's ROE % too high?
Kamei's current ROE % of 10.82% is 55% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 6.48 to a high of 9.04. The Oil & Gas industry median ROE % is 5.89. Kamei's value of 10.82% is 83.7% above this industry median. Based on the distribution chart, Kamei ranks #434 out of 955 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Kamei has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kamei's ROE % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Kamei ranks #434 out of 955 companies for ROE %. This puts Kamei in the upper half of its industry. The industry median ROE % is 5.89. Kamei's value of 10.82% is 83.7% above this benchmark. Historically, Kamei's own ROE % has ranged from 6.48 to 9.04 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.89, Kamei 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 Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.89, based on 955 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. Kamei's current ROE % of 10.82% is 83.7% 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 Kamei and its competitors. For the Oil & Gas industry, the median ROE % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kamei's current ROE % is 10.82%, which is 55% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kamei stock overvalued right now?
Based on GuruFocus' analysis, Kamei (TSE:8037) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,311.50, compared to a current price of 円3,715.00 — trading 60.7% above its estimated fair value. The current ROE % is 10.82%, which is 55% above median its 10-year median of 7.00 and 83.7% above the Oil & Gas industry median of 5.89. Kamei's overall GF Score™ is 74/100 with 4 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 Kamei (TSE:8037), the current ROE % is 10.82% 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 Kamei (TSE:8037) Overvalued in 2026?

Based on GuruFocus' analysis, Kamei stock appears to be overvalued. The current stock price of 円3,715.00 is trading 60.7% above its estimated GF Value™ of 円2,311.50. GuruFocus considers Kamei to be Significantly Overvalued.

Key valuation signals for TSE:8037:

  • ROE %: 10.82% (55% above median its 10-year median of 7.00)
  • GF Value™: 円2,311.50 vs. price of 円3,715.00 (60.7% above fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 83.7% above the Oil & Gas median (#434 of 955)

No single metric tells the full story. See the TSE:8037 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kamei Business Description

Industry EnergyOil & Gas
Address 1-18 3-chome, Aoba-ku, Kokubuncho, Sendai, JPN, 980-8583
Kamei Corp provides oil & gas products. Its portfolio comprises of various products such as gasoline, kerosene, diesel oil, fuel oil, lubricating oil and asphalt, lubricants, caustic soda, calcium chloride and methanol.
74GF Score

Get the complete analysis for TSE:8037

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

円3,715.00
Price
円2,311.50
GF Value