Anabuki Kosan (TSE:8928) ROE %: 21.29% (As of Dec. 2025) — 63% Above Median

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TSE:8928 Anabuki Kosan Inc TSE:8928
77 GF Score
Price 円2,338.00
GF Value 円2,655.08
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Anabuki Kosan ROE %?

Anabuki Kosan TSE:8928 -0.09% 77 ROE % is 21.29% as of Dec. 2025, which is 63% above its 10-year median of 13.09. GuruFocus rates TSE:8928 with a GF Score™ of 77/100 and a GF Value™ of 円2,655.08 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,734 Real Estate companies, Anabuki Kosan ranks better than 80.62% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Anabuki Kosan's annualized net income for the quarter that ended in Dec. 2025 was 円10,053 Mil. Anabuki Kosan's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was 円47,223 Mil. Therefore, Anabuki Kosan's annualized ROE % for the quarter that ended in Dec. 2025 was 21.29%.

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

TSE:8928' s ROE % Range Over the Past 10 Years
Min: 8.87   Med: 13.09   Max: 15.24
Current: 12.8

During the past 13 years, Anabuki Kosan's highest ROE % was 15.24%. The lowest was 8.87%. And the median was 13.09%.

TSE:8928's ROE % is ranked better than
80.62% of 1734 companies
in the Real Estate industry
Industry Median: 4.295 vs TSE:8928: 12.80

Anabuki Kosan  (TSE:8928) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=10053.232/47222.6425
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10053.232 / 178754.624)*(178754.624 / 148283.7575)*(148283.7575 / 47222.6425)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.62 %*1.2055*3.1401
=ROA %*Equity Multiplier
=6.77 %*3.1401
=21.29 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=10053.232/47222.6425
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (10053.232 / 16599.4) * (16599.4 / 15424.824) * (15424.824 / 178754.624) * (178754.624 / 148283.7575) * (148283.7575 / 47222.6425)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6056 * 1.0761 * 8.63 % * 1.2055 * 3.1401
=21.29 %

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.


Anabuki Kosan ROE % Related Terms


Anabuki Kosan ROE % Historical Data

* Premium members only.

The historical data trend for Anabuki Kosan'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.

Anabuki Kosan ROE % Chart

Anabuki Kosan Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.79 13.44 11.76 12.66 8.87

Anabuki Kosan Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 -3.15 4.38 24.51 21.29 1.21

TSE:8928 vs CBRE, BEKE, JLL: ROE % Comparison

For the Real Estate Services subindustry, Anabuki Kosan'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.


Anabuki Kosan ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Anabuki Kosan's ROE % distribution charts can be found below:

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


TSE:8928
77GF Score
Anabuki Kosan Inc TSE:8928
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Anabuki Kosan ROE % Calculation

Anabuki Kosan's annualized ROE % for the fiscal year that ended in Jun. 2025 is calculated as

ROE %=Net Income (A: Jun. 2025 )/( (Total Stockholders Equity (A: Jun. 2024 )+Total Stockholders Equity (A: Jun. 2025 ))/ count )
=3722.466/( (40377.266+43564.38)/ 2 )
=3722.466/41970.823
=8.87 %

Anabuki Kosan's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=10053.232/( (45935.016+48510.269)/ 2 )
=10053.232/47222.6425
=21.29 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 21.29% mean?
Anabuki Kosan (TSE:8928) has a ROE % of 21.29% 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 Anabuki Kosan and its competitors. This is 63% above median its historical median of 13.09. Over the past decade, Anabuki Kosan's ROE % has ranged from 8.87 to 15.24. According to the industry distribution chart, Anabuki Kosan ranks #336 out of 1734 companies in the Real Estate industry, placing it in the top 19.4%.
Is Anabuki Kosan's ROE % too high?
Anabuki Kosan's current ROE % of 21.29% is 63% above median its 10-year median of 13.09. Over the past 10 years, this metric has ranged from a low of 8.87 to a high of 15.24. The Real Estate industry median ROE % is 4.30. Anabuki Kosan's value of 21.29% is 395.7% above this industry median. Based on the distribution chart, Anabuki Kosan ranks #336 out of 1734 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Anabuki Kosan has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Anabuki Kosan's ROE % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Anabuki Kosan ranks #336 out of 1734 companies for ROE %. This places Anabuki Kosan in the top 19% of its industry — outperforming the majority of peers. The industry median ROE % is 4.30. Anabuki Kosan's value of 21.29% is 395.7% above this benchmark. Historically, Anabuki Kosan's own ROE % has ranged from 8.87 to 15.24 over the past decade. While the company's 10-year median is 13.09 vs. the industry median of 4.30, Anabuki Kosan 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 4.30, based on 1,734 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. Anabuki Kosan's current ROE % of 21.29% is 395.7% 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 Anabuki Kosan and its competitors. For the Real Estate industry, the median ROE % is 4.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anabuki Kosan's current ROE % is 21.29%, which is 63% above median its own 10-year median of 13.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anabuki Kosan stock overvalued right now?
Based on GuruFocus' analysis, Anabuki Kosan (TSE:8928) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,655.08, compared to a current price of 円2,338.00 — trading 11.9% below its estimated fair value. The current ROE % is 21.29%, which is 63% above median its 10-year median of 13.09 and 395.7% above the Real Estate industry median of 4.30. Anabuki Kosan's overall GF Score™ is 77/100 with 5 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 Anabuki Kosan (TSE:8928), the current ROE % is 21.29% 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 Anabuki Kosan (TSE:8928) Overvalued in 2026?

Based on GuruFocus' analysis, Anabuki Kosan stock appears to be undervalued. The current stock price of 円2,338.00 is trading 11.9% below its estimated GF Value™ of 円2,655.08. GuruFocus considers Anabuki Kosan to be Modestly Undervalued.

Key valuation signals for TSE:8928:

  • ROE %: 21.29% (63% above median its 10-year median of 13.09)
  • GF Value™: 円2,655.08 vs. price of 円2,338.00 (11.9% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 395.7% above the Real Estate median (#336 of 1734)

No single metric tells the full story. See the TSE:8928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anabuki Kosan Business Description

Address 7-12 Kajiyacho, Kagawa Prefecture, Takamatsu, JPN, 760-0028
Anabuki Kosan Inc is engaged in providing real estate services. The company is involved in the development of condominiums and other properties, as well as real estate distribution, real estate solutions, business revitalization, hotel and tenant building management, human resources outsourcing, public facility management, supermarket management, electricity supply, and on real estate development overseas.
77GF Score

Get the complete analysis for TSE:8928

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

円2,338.00
Price
円2,655.08
GF Value