Meiho Enterprise Co (TSE:8927) ROE %: 28.92% (As of Jan. 2026) — 79% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:8927 Meiho Enterprise Co Ltd TSE:8927
86 GF Score
Price 円476.00
GF Value 円556.06
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Meiho Enterprise Co ROE %?

Meiho Enterprise Co TSE:8927 -0.63% 86 ROE % is 28.92% as of Jan. 2026, which is 79% above its 10-year median of 16.15. GuruFocus rates TSE:8927 with a GF Score™ of 86/100 and a GF Value™ of 円556.06 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,739 Real Estate companies, Meiho Enterprise Co ranks better than 92.01% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Meiho Enterprise Co's annualized net income for the quarter that ended in Jan. 2026 was 円2,979 Mil. Meiho Enterprise Co's average Total Stockholders Equity over the quarter that ended in Jan. 2026 was 円10,302 Mil. Therefore, Meiho Enterprise Co's annualized ROE % for the quarter that ended in Jan. 2026 was 28.92%.

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

TSE:8927' s ROE % Range Over the Past 10 Years
Min: 3.28   Med: 16.15   Max: 62.01
Current: 24.13

During the past 13 years, Meiho Enterprise Co's highest ROE % was 62.01%. The lowest was 3.28%. And the median was 16.15%.

TSE:8927's ROE % is ranked better than
92.01% of 1739 companies
in the Real Estate industry
Industry Median: 4.32 vs TSE:8927: 24.13

Meiho Enterprise Co  (TSE:8927) 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: Jan. 2026 )
=Net Income/Total Stockholders Equity
=2978.96/10302.1525
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2978.96 / 39760.164)*(39760.164 / 31612.4765)*(31612.4765 / 10302.1525)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.49 %*1.2577*3.0685
=ROA %*Equity Multiplier
=9.42 %*3.0685
=28.92 %

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: Jan. 2026 )
=Net Income/Total Stockholders Equity
=2978.96/10302.1525
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2978.96 / 4084.344) * (4084.344 / 4119.244) * (4119.244 / 39760.164) * (39760.164 / 31612.4765) * (31612.4765 / 10302.1525)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7294 * 0.9915 * 10.36 % * 1.2577 * 3.0685
=28.92 %

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


Meiho Enterprise Co ROE % Related Terms


Meiho Enterprise Co ROE % Historical Data

* Premium members only.

The historical data trend for Meiho Enterprise 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.

Meiho Enterprise Co ROE % Chart

Meiho Enterprise Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.50 12.08 10.18 18.35 21.62

Meiho Enterprise Co Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 27.83 37.09 4.73 28.92 25.94

Meiho Enterprise Co ROE % Competitor Comparison

For the Real Estate - Diversified subindustry, Meiho Enterprise 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.


Meiho Enterprise Co ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Meiho Enterprise Co's ROE % distribution charts can be found below:

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


TSE:8927
86GF Score
Meiho Enterprise Co Ltd TSE:8927
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meiho Enterprise Co ROE % Calculation

Meiho Enterprise Co's annualized ROE % for the fiscal year that ended in Jul. 2025 is calculated as

ROE %=Net Income (A: Jul. 2025 )/( (Total Stockholders Equity (A: Jul. 2024 )+Total Stockholders Equity (A: Jul. 2025 ))/ count )
=1893.734/( (7990.374+9526.602)/ 2 )
=1893.734/8758.488
=21.62 %

Meiho Enterprise Co's annualized ROE % for the quarter that ended in Jan. 2026 is calculated as

ROE %=Net Income (Q: Jan. 2026 )/( (Total Stockholders Equity (Q: Oct. 2025 )+Total Stockholders Equity (Q: Jan. 2026 ))/ count )
=2978.96/( (9931.158+10673.147)/ 2 )
=2978.96/10302.1525
=28.92 %

* 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 (Jan. 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 28.92% mean?
Meiho Enterprise Co (TSE:8927) has a ROE % of 28.92% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Meiho Enterprise Co and its competitors. This is 79% above median its historical median of 16.15. Over the past decade, Meiho Enterprise Co's ROE % has ranged from 3.28 to 62.01. According to the industry distribution chart, Meiho Enterprise Co ranks #139 out of 1739 companies in the Real Estate industry, placing it in the top 8%.
Is Meiho Enterprise Co's ROE % too high?
Meiho Enterprise Co's current ROE % of 28.92% is 79% above median its 10-year median of 16.15. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 62.01. The Real Estate industry median ROE % is 4.32. Meiho Enterprise Co's value of 28.92% is 569.4% above this industry median. Based on the distribution chart, Meiho Enterprise Co ranks #139 out of 1739 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Meiho Enterprise Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Meiho Enterprise Co's ROE % compare to competitors?
According to the Real Estate industry distribution chart, Meiho Enterprise Co ranks #139 out of 1739 companies for ROE %. This places Meiho Enterprise Co in the top 8% of its industry — outperforming the majority of peers. The industry median ROE % is 4.32. Meiho Enterprise Co's value of 28.92% is 569.4% above this benchmark. Historically, Meiho Enterprise Co's own ROE % has ranged from 3.28 to 62.01 over the past decade. While the company's 10-year median is 16.15 vs. the industry median of 4.32, Meiho Enterprise 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 Real Estate company?
The median ROE % among Real Estate companies is 4.32, based on 1,739 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. Meiho Enterprise Co's current ROE % of 28.92% is 569.4% 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 Meiho Enterprise Co and its competitors. For the Real Estate industry, the median ROE % is 4.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiho Enterprise Co's current ROE % is 28.92%, which is 79% above median its own 10-year median of 16.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiho Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Meiho Enterprise Co (TSE:8927) is currently considered Modestly Undervalued. The stock's GF Value™ is 円556.06, compared to a current price of 円476.00 — trading 14.4% below its estimated fair value. The current ROE % is 28.92%, which is 79% above median its 10-year median of 16.15 and 569.4% above the Real Estate industry median of 4.32. Meiho Enterprise Co's overall GF Score™ is 86/100 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 Meiho Enterprise Co (TSE:8927), the current ROE % is 28.92% as of Jan. 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 Meiho Enterprise Co (TSE:8927) Overvalued in 2026?

Based on GuruFocus' analysis, Meiho Enterprise Co stock appears to be undervalued. The current stock price of 円476.00 is trading 14.4% below its estimated GF Value™ of 円556.06. GuruFocus considers Meiho Enterprise Co to be Modestly Undervalued.

Key valuation signals for TSE:8927:

  • ROE %: 28.92% (79% above median its 10-year median of 16.15)
  • GF Value™: 円556.06 vs. price of 円476.00 (14.4% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 569.4% above the Real Estate median (#139 of 1739)

No single metric tells the full story. See the TSE:8927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiho Enterprise Co Business Description

Address 2-10-11 Meguro, Meguro-ku, 5th Floor Meguro Yamate Place, Tokyo, JPN, 153-0063
Meiho Enterprise Co Ltd is a real estate company engaged in the sale of residential properties. Its business is divided into Real estate development/sales business; Real estate leasing business; and Real estate brokerage business.
86GF Score

Get the complete analysis for TSE:8927

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

円476.00
Price
円556.06
GF Value