Kaga Electronics CoTSE:8154 -1.73%90 ROE % is 21.92% as of Dec. 2025, which is 80% above its 10-year median of 12.20. GuruFocus rates TSE:8154 with a GF Score™ of 90/100 and a GF Value™ of 円3,832.89 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,426 Hardware companies, Kaga Electronics Co ranks better than 88.17% on this metric.
The historical rank and industry rank for Kaga Electronics Co's ROE % or its related term are showing as below:
TSE:8154'
s ROE % Range Over the Past 10 Years
Min: 7.56 Med: 12.2 Max: 19.61
Current: 18.19
During the past 13 years, Kaga Electronics Co's highest ROE % was 19.61%. The lowest was 7.56%. And the median was 12.20%.
TSE:8154's ROE % is ranked better than 88.17% of 2426
companies
in the Hardware industry
Industry Median: 4.59
vs TSE:8154: 18.19
Kaga Electronics Co (TSE:8154) 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:
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.
Kaga Electronics Co ROE % Related Terms
Kaga Electronics Co ROE % Historical Data
* Premium members only.
The historical data trend for Kaga Electronics 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.
For the Electronic Components subindustry, Kaga Electronics 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.
Kaga Electronics Co ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Kaga Electronics Co's ROE % distribution charts can be found below:
* The bar in red indicates where Kaga Electronics Co's ROE % falls into.
* 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.
Kaga Electronics Co (TSE:8154) has a ROE % of 21.92% 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 Kaga Electronics Co and its competitors. This is 80% above median its historical median of 12.20. Over the past decade, Kaga Electronics Co's ROE % has ranged from 7.56 to 19.61. According to the industry distribution chart, Kaga Electronics Co ranks #287 out of 2426 companies in the Hardware industry, placing it in the top 11.8%.
Is Kaga Electronics Co's ROE % too high?
Kaga Electronics Co's current ROE % of 21.92% is 80% above median its 10-year median of 12.20. Over the past 10 years, this metric has ranged from a low of 7.56 to a high of 19.61. The Hardware industry median ROE % is 4.59. Kaga Electronics Co's value of 21.92% is 377.6% above this industry median. Based on the distribution chart, Kaga Electronics Co ranks #287 out of 2426 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Kaga Electronics Co has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kaga Electronics Co's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Kaga Electronics Co ranks #287 out of 2426 companies for ROE %. This places Kaga Electronics Co in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 4.59. Kaga Electronics Co's value of 21.92% is 377.6% above this benchmark. Historically, Kaga Electronics Co's own ROE % has ranged from 7.56 to 19.61 over the past decade. While the company's 10-year median is 12.20 vs. the industry median of 4.59, Kaga Electronics 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 Hardware company?
The median ROE % among Hardware companies is 4.59, based on 2,426 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. Kaga Electronics Co's current ROE % of 21.92% is 377.6% 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 Kaga Electronics Co and its competitors. For the Hardware industry, the median ROE % is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaga Electronics Co's current ROE % is 21.92%, which is 80% above median its own 10-year median of 12.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaga Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Kaga Electronics Co (TSE:8154) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,832.89, compared to a current price of 円4,250.00 — trading 10.9% above its estimated fair value. The current ROE % is 21.92%, which is 80% above median its 10-year median of 12.20 and 377.6% above the Hardware industry median of 4.59. Kaga Electronics Co's overall GF Score™ is 90/100 with 3 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 Kaga Electronics Co (TSE:8154), the current ROE % is 21.92% 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 Kaga Electronics Co (TSE:8154) Overvalued in 2026?
Based on GuruFocus' analysis, Kaga Electronics Co stock appears to be overvalued.
The current stock price of 円4,250.00 is trading 10.9% above its estimated GF Value™ of 円3,832.89.
GuruFocus considers Kaga Electronics Co to be Modestly Overvalued.
Key valuation signals for TSE:8154:
ROE %: 21.92% (80% above median its 10-year median of 12.20)
GF Value™: 円3,832.89 vs. price of 円4,250.00 (10.9% above fair value)
Industry Position: 377.6% above the Hardware median (#287 of 2426)
No single metric tells the full story. See the TSE:8154 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaga Electronics Co Ltd is a Japan based company engages in the sales of electronic components, electronic devices and other. It operates through following segments: Electronic Components, Information Equipment, Software and Other. The firm generates majority revenue from the Electronic Components.
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