PHYZ Holdings (TSE:9325) ROE %: 32.91% (As of Mar. 2026) — 29% Above Median


TSE:9325 PHYZ Holdings Inc TSE:9325
92 GF Score
Price 円1,113.00
GF Value 円1,548.43
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PHYZ Holdings ROE %?

PHYZ Holdings TSE:9325 +1.64% 92 ROE % is 32.91% as of Mar. 2026, which is 29% above its 10-year median of 25.42. GuruFocus rates TSE:9325 with a GF Score™ of 92/100 and a GF Value™ of 円1,548.43 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,058 Business Services companies, PHYZ Holdings ranks better than 86.77% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PHYZ Holdings's annualized net income for the quarter that ended in Mar. 2026 was 円1,441 Mil. PHYZ Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円4,380 Mil. Therefore, PHYZ Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 32.91%.

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

TSE:9325' s ROE % Range Over the Past 10 Years
Min: 11.84   Med: 25.42   Max: 43.41
Current: 24.21

During the past 12 years, PHYZ Holdings's highest ROE % was 43.41%. The lowest was 11.84%. And the median was 25.42%.

TSE:9325's ROE % is ranked better than
86.77% of 1058 companies
in the Business Services industry
Industry Median: 8.095 vs TSE:9325: 24.21

PHYZ Holdings  (TSE:9325) 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
=1441.43/4379.5215
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1441.43 / 42764.642)*(42764.642 / 13527.1025)*(13527.1025 / 4379.5215)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.37 %*3.1614*3.0887
=ROA %*Equity Multiplier
=10.65 %*3.0887
=32.91 %

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
=1441.43/4379.5215
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1441.43 / 2196.144) * (2196.144 / 2124.032) * (2124.032 / 42764.642) * (42764.642 / 13527.1025) * (13527.1025 / 4379.5215)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6563 * 1.034 * 4.97 % * 3.1614 * 3.0887
=32.91 %

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.


PHYZ Holdings ROE % Related Terms


PHYZ Holdings ROE % Historical Data

* Premium members only.

The historical data trend for PHYZ Holdings'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.

PHYZ Holdings ROE % Chart

PHYZ Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.68 33.30 28.09 25.47 23.86

PHYZ Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 32.36 22.07 29.16 15.09 32.91

TSE:9325 vs CTAS, CPRT, ULS: ROE % Comparison

For the Specialty Business Services subindustry, PHYZ Holdings'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.


PHYZ Holdings ROE % vs Business Services Industry

For the Business Services industry and Industrials sector, PHYZ Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where PHYZ Holdings's ROE % falls into.


TSE:9325
92GF Score
PHYZ Holdings Inc TSE:9325
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PHYZ Holdings ROE % Calculation

PHYZ Holdings'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 )
=1023.874/( (3930.315+4653.437)/ 2 )
=1023.874/4291.876
=23.86 %

PHYZ Holdings's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1441.43/( (4105.606+4653.437)/ 2 )
=1441.43/4379.5215
=32.91 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 32.91% mean?
PHYZ Holdings (TSE:9325) has a ROE % of 32.91% 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 PHYZ Holdings and its competitors. This is 29% above median its historical median of 25.42. Over the past decade, PHYZ Holdings' ROE % has ranged from 11.84 to 43.41. According to the industry distribution chart, PHYZ Holdings ranks #140 out of 1058 companies in the Business Services industry, placing it in the top 13.2%.
Is PHYZ Holdings' ROE % too high?
PHYZ Holdings' current ROE % of 32.91% is 29% above median its 10-year median of 25.42. Over the past 10 years, this metric has ranged from a low of 11.84 to a high of 43.41. The Business Services industry median ROE % is 8.10. PHYZ Holdings' value of 32.91% is 306.5% above this industry median. Based on the distribution chart, PHYZ Holdings ranks #140 out of 1058 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, PHYZ Holdings has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PHYZ Holdings' ROE % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, PHYZ Holdings ranks #140 out of 1058 companies for ROE %. This places PHYZ Holdings in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 8.10. PHYZ Holdings' value of 32.91% is 306.5% above this benchmark. Historically, PHYZ Holdings' own ROE % has ranged from 11.84 to 43.41 over the past decade. While the company's 10-year median is 25.42 vs. the industry median of 8.10, PHYZ Holdings 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 Business Services company?
The median ROE % among Business Services companies is 8.10, based on 1,058 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. PHYZ Holdings's current ROE % of 32.91% is 306.5% 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 PHYZ Holdings and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PHYZ Holdings's current ROE % is 32.91%, which is 29% above median its own 10-year median of 25.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PHYZ Holdings stock overvalued right now?
Based on GuruFocus' analysis, PHYZ Holdings (TSE:9325) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,548.43, compared to a current price of 円1,113.00 — trading 28.1% below its estimated fair value. The current ROE % is 32.91%, which is 29% above median its 10-year median of 25.42 and 306.5% above the Business Services industry median of 8.10. PHYZ Holdings' overall GF Score™ is 92/100 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 PHYZ Holdings (TSE:9325), the current ROE % is 32.91% 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 PHYZ Holdings (TSE:9325) Overvalued in 2026?

Based on GuruFocus' analysis, PHYZ Holdings stock appears to be undervalued. The current stock price of 円1,113.00 is trading 28.1% below its estimated GF Value™ of 円1,548.43. GuruFocus considers PHYZ Holdings to be Modestly Undervalued.

Key valuation signals for TSE:9325:

  • ROE %: 32.91% (29% above median its 10-year median of 25.42)
  • GF Value™: 円1,548.43 vs. price of 円1,113.00 (28.1% below fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 306.5% above the Business Services median (#140 of 1058)

No single metric tells the full story. See the TSE:9325 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PHYZ Holdings Business Description

Address 3-4-5 Umeda Kita-ku, Mainichi Intecio 13th Floor, Osaka, JPN, 530-0001
PHYZ Holdings Inc provides total warehousing management activities including packing and delivering at the distribution center conducted by the EC company. Its services include Operation service, Logistics service, Delivery service, and Recruitment among others.
92GF Score

Get the complete analysis for TSE:9325

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

円1,113.00
Price
円1,548.43
GF Value