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Tokyo Kisen CoTSE:9193 -0.56%65 ROE % is 39.01% as of Mar. 2026, which is 1241% above its 10-year median of 2.91. GuruFocus rates TSE:9193 with a GF Score™ of 65/100 and a GF Value™ of 円758.53 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 985 Transportation companies, Tokyo Kisen Co ranks better than 85.18% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tokyo Kisen Co's annualized net income for the quarter that ended in Mar. 2026 was 円10,030 Mil. Tokyo Kisen Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円25,715 Mil. Therefore, Tokyo Kisen Co's annualized ROE % for the quarter that ended in Mar. 2026 was 39.01%.
The historical rank and industry rank for Tokyo Kisen Co's ROE % or its related term are showing as below:
TSE:9193'
s ROE % Range Over the Past 10 Years
Min: -0.95 Med: 2.91 Max: 20.14
Current: 20.14
During the past 13 years, Tokyo Kisen Co's highest ROE % was 20.14%. The lowest was -0.95%. And the median was 2.91%.
TSE:9193's ROE % is ranked better than 85.18% of 985
companies
in the Transportation industry
Industry Median: 7.6
vs TSE:9193: 20.14
Tokyo Kisen Co (TSE:9193) 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 two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
Tokyo Kisen Co ROE % Related Terms
Tokyo Kisen Co ROE % Historical Data
* Premium members only.
The historical data trend for Tokyo Kisen 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 Marine Shipping subindustry, Tokyo Kisen 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.
Tokyo Kisen Co ROE % vs Transportation Industry
For the Transportation industry and Industrials sector, Tokyo Kisen Co's ROE % distribution charts can be found below:
* The bar in red indicates where Tokyo Kisen 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 two times the semi-annual (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Tokyo Kisen Co (TSE:9193) has a ROE % of 39.01% 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 Tokyo Kisen Co and its competitors. This is 1241% above median its historical median of 2.91. According to the industry distribution chart, Tokyo Kisen Co ranks #146 out of 985 companies in the Transportation industry, placing it in the top 14.8%.
Is Tokyo Kisen Co's ROE % too high?
Tokyo Kisen Co's current ROE % of 39.01% is 1241% above median its 10-year median of 2.91. The Transportation industry median ROE % is 7.60. Tokyo Kisen Co's value of 39.01% is 413.3% above this industry median. Based on the distribution chart, Tokyo Kisen Co ranks #146 out of 985 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Tokyo Kisen Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Kisen Co's ROE % compare to competitors?
According to the Transportation industry distribution chart, Tokyo Kisen Co ranks #146 out of 985 companies for ROE %. This places Tokyo Kisen Co in the top 15% of its industry — outperforming the majority of peers. The industry median ROE % is 7.60. Tokyo Kisen Co's value of 39.01% is 413.3% above this benchmark. While the company's 10-year median is 2.91 vs. the industry median of 7.60, Tokyo Kisen 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 Transportation company?
The median ROE % among Transportation companies is 7.60, based on 985 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. Tokyo Kisen Co's current ROE % of 39.01% is 413.3% 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 Tokyo Kisen Co and its competitors. For the Transportation industry, the median ROE % is 7.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Kisen Co's current ROE % is 39.01%, which is 1241% above median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Kisen Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Kisen Co (TSE:9193) is currently considered Modestly Overvalued. The stock's GF Value™ is 円758.53, compared to a current price of 円881.00 — trading 16.1% above its estimated fair value. The current ROE % is 39.01%, which is 1241% above median its 10-year median of 2.91 and 413.3% above the Transportation industry median of 7.60. Tokyo Kisen Co's overall GF Score™ is 65/100 with 6 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 Tokyo Kisen Co (TSE:9193), the current ROE % is 39.01% 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 Tokyo Kisen Co (TSE:9193) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Kisen Co stock appears to be overvalued.
The current stock price of 円881.00 is trading 16.1% above its estimated GF Value™ of 円758.53.
GuruFocus considers Tokyo Kisen Co to be Modestly Overvalued.
Key valuation signals for TSE:9193:
ROE %: 39.01% (1241% above median its 10-year median of 2.91)
GF Value™: 円758.53 vs. price of 円881.00 (16.1% above fair value)
Industry Position: 413.3% above the Transportation median (#146 of 985)
No single metric tells the full story. See the TSE:9193 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Kisen Co Ltd is a Japan-based company providing maritime safety services. The services offered by the company include harbor towage services, escort tug services, and emergency support and disaster prevention services like container ships, crude oil tankers, LNG carriers, LPG carriers, bulk carriers, car carriers, and iron ore carriers.
65GF Score
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