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Saibu Gas Holdings CoTSE:9536 +1.34%62 ROE % is 4.12% as of Mar. 2026, which is 36% below its 10-year median of 6.41. GuruFocus rates TSE:9536 with a GF Score™ of 62/100 and a GF Value™ of 円1,923.91 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 504 Utilities - Regulated companies, Saibu Gas Holdings Co ranks worse than 63.69% on this metric.
The historical rank and industry rank for Saibu Gas Holdings Co's ROE % or its related term are showing as below:
TSE:9536'
s ROE % Range Over the Past 10 Years
Min: 0.64 Med: 6.41 Max: 16.4
Current: 6.61
During the past 13 years, Saibu Gas Holdings Co's highest ROE % was 16.40%. The lowest was 0.64%. And the median was 6.41%.
TSE:9536's ROE % is ranked worse than 63.69% of 504
companies
in the Utilities - Regulated industry
Industry Median: 8.685
vs TSE:9536: 6.61
Saibu Gas Holdings Co (TSE:9536) 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 (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.
* 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 Utilities - Regulated Gas subindustry, Saibu Gas Holdings 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.
Saibu Gas Holdings Co ROE % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Saibu Gas Holdings Co's ROE % distribution charts can be found below:
* The bar in red indicates where Saibu Gas Holdings 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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Saibu Gas Holdings Co (TSE:9536) has a ROE % of 4.12% 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 Saibu Gas Holdings Co and its competitors. This is 36% below median its historical median of 6.41. Over the past decade, Saibu Gas Holdings Co's ROE % has ranged from 0.64 to 16.40. According to the industry distribution chart, Saibu Gas Holdings Co ranks #321 out of 504 companies in the Utilities - Regulated industry, placing it in the top 63.7%.
Is Saibu Gas Holdings Co's ROE % too high?
Saibu Gas Holdings Co's current ROE % of 4.12% is 36% below median its 10-year median of 6.41. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 16.40. The Utilities - Regulated industry median ROE % is 8.69. Saibu Gas Holdings Co's value of 4.12% is 52.6% below this industry median. Based on the distribution chart, Saibu Gas Holdings Co ranks #321 out of 504 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Saibu Gas Holdings Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saibu Gas Holdings Co's ROE % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Saibu Gas Holdings Co ranks #321 out of 504 companies for ROE %. This places Saibu Gas Holdings Co in the lower half of its industry. The industry median ROE % is 8.69. Saibu Gas Holdings Co's value of 4.12% is 52.6% below this benchmark. Historically, Saibu Gas Holdings Co's own ROE % has ranged from 0.64 to 16.40 over the past decade. While the company's 10-year median is 6.41 vs. the industry median of 8.69, Saibu Gas Holdings Co has consistently been below 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 an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.69, based on 504 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. Saibu Gas Holdings Co's current ROE % of 4.12% is 52.6% below 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 Saibu Gas Holdings Co and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saibu Gas Holdings Co's current ROE % is 4.12%, which is 36% below median its own 10-year median of 6.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saibu Gas Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Saibu Gas Holdings Co (TSE:9536) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,923.91, compared to a current price of 円2,349.00 — trading 22.1% above its estimated fair value. The current ROE % is 4.12%, which is 36% below median its 10-year median of 6.41 and 52.6% below the Utilities - Regulated industry median of 8.69. Saibu Gas Holdings Co's overall GF Score™ is 62/100 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 Saibu Gas Holdings Co (TSE:9536), the current ROE % is 4.12% 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 Saibu Gas Holdings Co (TSE:9536) Overvalued in 2026?
Based on GuruFocus' analysis, Saibu Gas Holdings Co stock appears to be overvalued.
The current stock price of 円2,349.00 is trading 22.1% above its estimated GF Value™ of 円1,923.91.
GuruFocus considers Saibu Gas Holdings Co to be Modestly Overvalued.
Key valuation signals for TSE:9536:
ROE %: 4.12% (36% below median its 10-year median of 6.41)
GF Value™: 円1,923.91 vs. price of 円2,349.00 (22.1% above fair value)
Industry Position: 52.6% below the Utilities - Regulated median (#321 of 504)
No single metric tells the full story. See the TSE:9536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saibu Gas Holdings Co Ltd is a Japanese natural gas utility that produces, supplies, and sells natural gas and petroleum products. The company segments its operations into gas, liquefied petroleum gas, real estate, and "other" business units. The company primarily distributes and sells natural gas and LPG in the Fukuoka and Kitakyushu areas in the northern part of the Japanese island of Kyushu. Saibu sells gas and liquefied natural gas products to a variety of utility and industrial customers through long-term agreements. The company also is involved in the heating, gas equipment, and photovoltaic power generation business through its other activities.
62GF Score
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