ES-CON JAPAN (TSE:8892) ROE %: 35.63% (As of Mar. 2026) — 98% Above Median


TSE:8892 ES-CON JAPAN Ltd TSE:8892
65 GF Score
Price 円1,082.00
GF Value 円1,321.37
Valuation Modestly Undervalued
! 4 Warning Signs
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What is ES-CON JAPAN ROE %?

ES-CON JAPAN TSE:8892 +1.79% 65 ROE % is 35.63% as of Mar. 2026, which is 98% above its 10-year median of 18.03. GuruFocus rates TSE:8892 with a GF Score™ of 65/100 and a GF Value™ of 円1,321.37 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,735 Real Estate companies, ES-CON JAPAN ranks better than 85.82% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ES-CON JAPAN's annualized net income for the quarter that ended in Mar. 2026 was 円29,488 Mil. ES-CON JAPAN's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円82,772 Mil. Therefore, ES-CON JAPAN's annualized ROE % for the quarter that ended in Mar. 2026 was 35.63%.

The historical rank and industry rank for ES-CON JAPAN's ROE % or its related term are showing as below:

TSE:8892' s ROE % Range Over the Past 10 Years
Min: 11.27   Med: 18.03   Max: 29.62
Current: 15.44

During the past 13 years, ES-CON JAPAN's highest ROE % was 29.62%. The lowest was 11.27%. And the median was 18.03%.

TSE:8892's ROE % is ranked better than
85.82% of 1735 companies
in the Real Estate industry
Industry Median: 3.96 vs TSE:8892: 15.44

ES-CON JAPAN  (TSE:8892) 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
=29488/82771.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(29488 / 296420)*(296420 / 494898)*(494898 / 82771.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.95 %*0.599*5.9791
=ROA %*Equity Multiplier
=5.96 %*5.9791
=35.63 %

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
=29488/82771.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (29488 / 41216) * (41216 / 62240) * (62240 / 296420) * (296420 / 494898) * (494898 / 82771.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7155 * 0.6622 * 21 % * 0.599 * 5.9791
=35.63 %

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.


ES-CON JAPAN ROE % Related Terms


ES-CON JAPAN ROE % Historical Data

* Premium members only.

The historical data trend for ES-CON JAPAN'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.

ES-CON JAPAN ROE % Chart

ES-CON JAPAN Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.76 11.27 14.24 14.80 14.70

ES-CON JAPAN Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 21.11 4.96 4.81 15.36 35.63

ES-CON JAPAN ROE % Competitor Comparison

For the Real Estate - Development subindustry, ES-CON JAPAN'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.


ES-CON JAPAN ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, ES-CON JAPAN's ROE % distribution charts can be found below:

* The bar in red indicates where ES-CON JAPAN's ROE % falls into.


TSE:8892
65GF Score
ES-CON JAPAN Ltd TSE:8892
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ES-CON JAPAN ROE % Calculation

ES-CON JAPAN'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 )
=12191/( (79139+86733)/ 2 )
=12191/82936
=14.70 %

ES-CON JAPAN'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 )
=29488/( (78810+86733)/ 2 )
=29488/82771.5
=35.63 %

* 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 35.63% mean?
ES-CON JAPAN (TSE:8892) has a ROE % of 35.63% 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 ES-CON JAPAN and its competitors. This is 98% above median its historical median of 18.03. Over the past decade, ES-CON JAPAN's ROE % has ranged from 11.27 to 29.62. According to the industry distribution chart, ES-CON JAPAN ranks #246 out of 1735 companies in the Real Estate industry, placing it in the top 14.2%.
Is ES-CON JAPAN's ROE % too high?
ES-CON JAPAN's current ROE % of 35.63% is 98% above median its 10-year median of 18.03. Over the past 10 years, this metric has ranged from a low of 11.27 to a high of 29.62. The Real Estate industry median ROE % is 3.96. ES-CON JAPAN's value of 35.63% is 799.7% above this industry median. Based on the distribution chart, ES-CON JAPAN ranks #246 out of 1735 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, ES-CON JAPAN has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ES-CON JAPAN's ROE % compare to competitors?
According to the Real Estate industry distribution chart, ES-CON JAPAN ranks #246 out of 1735 companies for ROE %. This places ES-CON JAPAN in the top 14% of its industry — outperforming the majority of peers. The industry median ROE % is 3.96. ES-CON JAPAN's value of 35.63% is 799.7% above this benchmark. Historically, ES-CON JAPAN's own ROE % has ranged from 11.27 to 29.62 over the past decade. While the company's 10-year median is 18.03 vs. the industry median of 3.96, ES-CON JAPAN 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 Real Estate company?
The median ROE % among Real Estate companies is 3.96, based on 1,735 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. ES-CON JAPAN's current ROE % of 35.63% is 799.7% 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 ES-CON JAPAN and its competitors. For the Real Estate industry, the median ROE % is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ES-CON JAPAN's current ROE % is 35.63%, which is 98% above median its own 10-year median of 18.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ES-CON JAPAN stock overvalued right now?
Based on GuruFocus' analysis, ES-CON JAPAN (TSE:8892) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,321.37, compared to a current price of 円1,082.00 — trading 18.1% below its estimated fair value. The current ROE % is 35.63%, which is 98% above median its 10-year median of 18.03 and 799.7% above the Real Estate industry median of 3.96. ES-CON JAPAN's overall GF Score™ is 65/100 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 ES-CON JAPAN (TSE:8892), the current ROE % is 35.63% 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 ES-CON JAPAN (TSE:8892) Overvalued in 2026?

Based on GuruFocus' analysis, ES-CON JAPAN stock appears to be undervalued. The current stock price of 円1,082.00 is trading 18.1% below its estimated GF Value™ of 円1,321.37. GuruFocus considers ES-CON JAPAN to be Modestly Undervalued.

Key valuation signals for TSE:8892:

  • ROE %: 35.63% (98% above median its 10-year median of 18.03)
  • GF Value™: 円1,321.37 vs. price of 円1,082.00 (18.1% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 799.7% above the Real Estate median (#246 of 1735)

No single metric tells the full story. See the TSE:8892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ES-CON JAPAN Business Description

Address 2-10-4 Toranomon, The Okura Prestige Tower 20th Floor, Minato-ku, Tokyo, JPN, 105-0001
ES-CON JAPAN Ltd is engaged in real estate development business. The company engages in New Urban Development, Residence, Commercial Facilities, Logistics Facilities, Hotels, Offices, Land Readjustment, Overseas, Social Development.
65GF Score

Get the complete analysis for TSE:8892

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

円1,082.00
Price
円1,321.37
GF Value