Marufuji Sheet Piling Co (TSE:8046) ROE %: 7.52% (As of Mar. 2026) — 102% Above Median


TSE:8046 Marufuji Sheet Piling Co Ltd TSE:8046
64 GF Score
Price 円884.00
GF Value 円667.62
Valuation Significantly Overvalued
View Full Analysis

What is Marufuji Sheet Piling Co ROE %?

Marufuji Sheet Piling Co TSE:8046 -0.67% 64 ROE % is 7.52% as of Mar. 2026, which is 102% above its 10-year median of 3.73. GuruFocus rates TSE:8046 with a GF Score™ of 64/100 and a GF Value™ of 円667.62 (Significantly Overvalued). Among 618 Steel companies, Marufuji Sheet Piling Co ranks better than 62.78% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Marufuji Sheet Piling Co's annualized net income for the quarter that ended in Mar. 2026 was 円2,418 Mil. Marufuji Sheet Piling Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円32,139 Mil. Therefore, Marufuji Sheet Piling Co's annualized ROE % for the quarter that ended in Mar. 2026 was 7.52%.

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

TSE:8046' s ROE % Range Over the Past 10 Years
Min: 2.51   Med: 3.73   Max: 6.19
Current: 6.19

During the past 13 years, Marufuji Sheet Piling Co's highest ROE % was 6.19%. The lowest was 2.51%. And the median was 3.73%.

TSE:8046's ROE % is ranked better than
62.78% of 618 companies
in the Steel industry
Industry Median: 3.69 vs TSE:8046: 6.19

Marufuji Sheet Piling Co  (TSE:8046) 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
=2418/32139
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2418 / 43508)*(43508 / 44955.5)*(44955.5 / 32139)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.56 %*0.9678*1.3988
=ROA %*Equity Multiplier
=5.38 %*1.3988
=7.52 %

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
=2418/32139
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2418 / 3430) * (3430 / 2552) * (2552 / 43508) * (43508 / 44955.5) * (44955.5 / 32139)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.705 * 1.344 * 5.87 % * 0.9678 * 1.3988
=7.52 %

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.


Marufuji Sheet Piling Co ROE % Related Terms


Marufuji Sheet Piling Co ROE % Historical Data

* Premium members only.

The historical data trend for Marufuji Sheet Piling 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.

Marufuji Sheet Piling Co ROE % Chart

Marufuji Sheet Piling 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 2.70 3.73 4.73 5.05 6.17

Marufuji Sheet Piling 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 5.75 3.80 6.36 4.84 7.52

TSE:8046 vs NUE, STLD, RS: ROE % Comparison

For the Steel subindustry, Marufuji Sheet Piling 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.


Marufuji Sheet Piling Co ROE % vs Steel Industry

For the Steel industry and Basic Materials sector, Marufuji Sheet Piling Co's ROE % distribution charts can be found below:

* The bar in red indicates where Marufuji Sheet Piling Co's ROE % falls into.


TSE:8046
64GF Score
Marufuji Sheet Piling Co Ltd TSE:8046
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marufuji Sheet Piling Co ROE % Calculation

Marufuji Sheet Piling 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 )
=1965/( (30926+32734)/ 2 )
=1965/31830
=6.17 %

Marufuji Sheet Piling 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 )
=2418/( (31544+32734)/ 2 )
=2418/32139
=7.52 %

* 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 7.52% mean?
Marufuji Sheet Piling Co (TSE:8046) has a ROE % of 7.52% 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 Marufuji Sheet Piling Co and its competitors. This is 102% above median its historical median of 3.73. Over the past decade, Marufuji Sheet Piling Co's ROE % has ranged from 2.51 to 6.19. According to the industry distribution chart, Marufuji Sheet Piling Co ranks #230 out of 618 companies in the Steel industry, placing it in the top 37.2%.
Is Marufuji Sheet Piling Co's ROE % too high?
Marufuji Sheet Piling Co's current ROE % of 7.52% is 102% above median its 10-year median of 3.73. Over the past 10 years, this metric has ranged from a low of 2.51 to a high of 6.19. The Steel industry median ROE % is 3.69. Marufuji Sheet Piling Co's value of 7.52% is 103.8% above this industry median. Based on the distribution chart, Marufuji Sheet Piling Co ranks #230 out of 618 companies in the Steel industry, which is above the industry midpoint. Overall, Marufuji Sheet Piling Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marufuji Sheet Piling Co's ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Marufuji Sheet Piling Co ranks #230 out of 618 companies for ROE %. This puts Marufuji Sheet Piling Co in the upper half of its industry. The industry median ROE % is 3.69. Marufuji Sheet Piling Co's value of 7.52% is 103.8% above this benchmark. Historically, Marufuji Sheet Piling Co's own ROE % has ranged from 2.51 to 6.19 over the past decade. While the company's 10-year median is 3.73 vs. the industry median of 3.69, Marufuji Sheet Piling Co 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 a Steel company?
The median ROE % among Steel companies is 3.69, based on 618 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. Marufuji Sheet Piling Co's current ROE % of 7.52% is 103.8% 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 Marufuji Sheet Piling Co and its competitors. For the Steel industry, the median ROE % is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marufuji Sheet Piling Co's current ROE % is 7.52%, which is 102% above median its own 10-year median of 3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marufuji Sheet Piling Co stock overvalued right now?
Based on GuruFocus' analysis, Marufuji Sheet Piling Co (TSE:8046) is currently considered Significantly Overvalued. The stock's GF Value™ is 円667.62, compared to a current price of 円884.00 — trading 32.4% above its estimated fair value. The current ROE % is 7.52%, which is 102% above median its 10-year median of 3.73 and 103.8% above the Steel industry median of 3.69. Marufuji Sheet Piling Co's overall GF Score™ is 64/100. 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 Marufuji Sheet Piling Co (TSE:8046), the current ROE % is 7.52% 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 Marufuji Sheet Piling Co (TSE:8046) Overvalued in 2026?

Based on GuruFocus' analysis, Marufuji Sheet Piling Co stock appears to be overvalued. The current stock price of 円884.00 is trading 32.4% above its estimated GF Value™ of 円667.62. GuruFocus considers Marufuji Sheet Piling Co to be Significantly Overvalued.

Key valuation signals for TSE:8046:

  • ROE %: 7.52% (102% above median its 10-year median of 3.73)
  • GF Value™: 円667.62 vs. price of 円884.00 (32.4% above fair value)
  • GF Score™: 64/100
  • Industry Position: 103.8% above the Steel median (#230 of 618)

No single metric tells the full story. See the TSE:8046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marufuji Sheet Piling Co Business Description

Address 3-7-2 Nihonbashi Honcho Chuo-ku, MFPR Nihonbashi Honcho Building, Tokyo, JPN
Marufuji Sheet Piling Co Ltd engages in the manufacture and sale of steel sheet piles, steel plates, and other steel products that include H-shaped steel, architectural steel processed products and reinforced soil wall products. The company offers sheet piles, lightweight steel sheet piles, and corner piles; H shape steel products; steel mountain abstraction products; steel retaining materials; gantry/pier related products; lining plates; and other steel products. It also provides temporary bridges, hat chucks, liner plates, simple holding products, guardrails, PC-ATM products, and two-tone bags, as well as various anchor type reinforced earth products.
64GF Score

Get the complete analysis for TSE:8046

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

円884.00
Price
円667.62
GF Value