The historical rank and industry rank for Aoyama Zaisan Networks Co's ROE % or its related term are showing as below:
TSE:8929'
s ROE % Range Over the Past 10 Years
Min: 12.36 Med: 22.62 Max: 30.73
Current: 26.9
During the past 13 years, Aoyama Zaisan Networks Co's highest ROE % was 30.73%. The lowest was 12.36%. And the median was 22.62%.
TSE:8929's ROE % is ranked better than 93.82% of 1731
companies
in the Real Estate industry
Industry Median: 4
vs TSE:8929: 26.90
Aoyama Zaisan Networks Co (TSE:8929) 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.
* 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 Real Estate Services subindustry, Aoyama Zaisan Networks 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.
Aoyama Zaisan Networks Co ROE % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Aoyama Zaisan Networks Co's ROE % distribution charts can be found below:
* The bar in red indicates where Aoyama Zaisan Networks 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.
Aoyama Zaisan Networks Co (TSE:8929) has a ROE % of 11.83% 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 Aoyama Zaisan Networks Co and its competitors. This is 48% below median its historical median of 22.62. Over the past decade, Aoyama Zaisan Networks Co's ROE % has ranged from 12.36 to 30.73. According to the industry distribution chart, Aoyama Zaisan Networks Co ranks #107 out of 1731 companies in the Real Estate industry, placing it in the top 6.2%.
Is Aoyama Zaisan Networks Co's ROE % too high?
Aoyama Zaisan Networks Co's current ROE % of 11.83% is 48% below median its 10-year median of 22.62. Over the past 10 years, this metric has ranged from a low of 12.36 to a high of 30.73. The Real Estate industry median ROE % is 4.00. Aoyama Zaisan Networks Co's value of 11.83% is 195.8% above this industry median. Based on the distribution chart, Aoyama Zaisan Networks Co ranks #107 out of 1731 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Aoyama Zaisan Networks Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aoyama Zaisan Networks Co's ROE % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Aoyama Zaisan Networks Co ranks #107 out of 1731 companies for ROE %. This places Aoyama Zaisan Networks Co in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 4.00. Aoyama Zaisan Networks Co's value of 11.83% is 195.8% above this benchmark. Historically, Aoyama Zaisan Networks Co's own ROE % has ranged from 12.36 to 30.73 over the past decade. While the company's 10-year median is 22.62 vs. the industry median of 4.00, Aoyama Zaisan Networks 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 4.00, based on 1,731 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. Aoyama Zaisan Networks Co's current ROE % of 11.83% is 195.8% 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 Aoyama Zaisan Networks Co and its competitors. For the Real Estate industry, the median ROE % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aoyama Zaisan Networks Co's current ROE % is 11.83%, which is 48% below median its own 10-year median of 22.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoyama Zaisan Networks Co stock overvalued right now?
Based on GuruFocus' analysis, Aoyama Zaisan Networks Co (TSE:8929) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,434.49, compared to a current price of 円1,272.00 — trading 11.3% below its estimated fair value. The current ROE % is 11.83%, which is 48% below median its 10-year median of 22.62 and 195.8% above the Real Estate industry median of 4.00. Aoyama Zaisan Networks Co's overall GF Score™ is 88/100 with 2 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 Aoyama Zaisan Networks Co (TSE:8929), the current ROE % is 11.83% 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 Aoyama Zaisan Networks Co (TSE:8929) Overvalued in 2026?
Based on GuruFocus' analysis, Aoyama Zaisan Networks Co stock appears to be undervalued.
The current stock price of 円1,272.00 is trading 11.3% below its estimated GF Value™ of 円1,434.49.
GuruFocus considers Aoyama Zaisan Networks Co to be Modestly Undervalued.
Key valuation signals for TSE:8929:
ROE %: 11.83% (48% below median its 10-year median of 22.62)
GF Value™: 円1,434.49 vs. price of 円1,272.00 (11.3% below fair value)
Industry Position: 195.8% above the Real Estate median (#107 of 1731)
No single metric tells the full story. See the TSE:8929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aoyama Zaisan Networks Co Ltd is engaged in the provision of consulting services of asset transferring, maintenance and operation, among others. It is also engaged in corporate finance consulting and real estate solutions consulting in Japan.
88GF Score
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