Nagase Brothers (TSE:9733) ROE %: 13.67% (As of Mar. 2026) — Near Median


TSE:9733 Nagase Brothers Inc TSE:9733
84 GF Score
Price 円2,267.00
GF Value 円2,333.20
Valuation Fairly Valued
! 5 Warning Signs
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What is Nagase Brothers ROE %?

Nagase Brothers TSE:9733 +2.12% 84 ROE % is 13.67% as of Mar. 2026, which is 2% below its 10-year median of 13.99. GuruFocus rates TSE:9733 with a GF Score™ of 84/100 and a GF Value™ of 円2,333.20 (Fairly Valued). The stock has 5 warning signs investors should review. Among 263 Education companies, Nagase Brothers ranks better than 61.22% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nagase Brothers's annualized net income for the quarter that ended in Mar. 2026 was 円4,878 Mil. Nagase Brothers's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円35,672 Mil. Therefore, Nagase Brothers's annualized ROE % for the quarter that ended in Mar. 2026 was 13.67%.

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

TSE:9733' s ROE % Range Over the Past 10 Years
Min: 5.94   Med: 13.99   Max: 16.87
Current: 11.66

During the past 13 years, Nagase Brothers's highest ROE % was 16.87%. The lowest was 5.94%. And the median was 13.99%.

TSE:9733's ROE % is ranked better than
61.22% of 263 companies
in the Education industry
Industry Median: 7.31 vs TSE:9733: 11.66

Nagase Brothers  (TSE:9733) 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
=4878/35671.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4878 / 67456)*(67456 / 94474)*(94474 / 35671.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.23 %*0.714*2.6484
=ROA %*Equity Multiplier
=5.16 %*2.6484
=13.67 %

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
=4878/35671.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4878 / 7068) * (7068 / 7408) * (7408 / 67456) * (67456 / 94474) * (94474 / 35671.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6902 * 0.9541 * 10.98 % * 0.714 * 2.6484
=13.67 %

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.


Nagase Brothers ROE % Related Terms


Nagase Brothers ROE % Historical Data

* Premium members only.

The historical data trend for Nagase Brothers'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.

Nagase Brothers ROE % Chart

Nagase Brothers 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 15.74 16.14 9.43 6.53 11.69

Nagase Brothers Semi-Annual Data
Sep16 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 14.09 0.82 12.73 9.42 13.67

TSE:9733 vs EDU, TAL, GHC: ROE % Comparison

For the Education & Training Services subindustry, Nagase Brothers'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.


Nagase Brothers ROE % vs Education Industry

For the Education industry and Consumer Defensive sector, Nagase Brothers's ROE % distribution charts can be found below:

* The bar in red indicates where Nagase Brothers's ROE % falls into.


TSE:9733
84GF Score
Nagase Brothers Inc TSE:9733
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nagase Brothers ROE % Calculation

Nagase Brothers'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 )
=3983/( (31172+36945)/ 2 )
=3983/34058.5
=11.69 %

Nagase Brothers'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 )
=4878/( (34398+36945)/ 2 )
=4878/35671.5
=13.67 %

* 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 13.67% mean?
Nagase Brothers (TSE:9733) has a ROE % of 13.67% 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 Nagase Brothers and its competitors. This is near median its historical median of 13.99. Over the past decade, Nagase Brothers' ROE % has ranged from 5.94 to 16.87. According to the industry distribution chart, Nagase Brothers ranks #102 out of 263 companies in the Education industry, placing it in the top 38.8%.
Is Nagase Brothers' ROE % too high?
Nagase Brothers' current ROE % of 13.67% is near median its 10-year median of 13.99. Over the past 10 years, this metric has ranged from a low of 5.94 to a high of 16.87. The Education industry median ROE % is 7.31. Nagase Brothers' value of 13.67% is 87% above this industry median. Based on the distribution chart, Nagase Brothers ranks #102 out of 263 companies in the Education industry, which is above the industry midpoint. Overall, Nagase Brothers has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nagase Brothers' ROE % compare to EDU and TAL?
According to the Education industry distribution chart, Nagase Brothers ranks #102 out of 263 companies for ROE %. This puts Nagase Brothers in the upper half of its industry. The industry median ROE % is 7.31. Nagase Brothers' value of 13.67% is 87% above this benchmark. Historically, Nagase Brothers' own ROE % has ranged from 5.94 to 16.87 over the past decade. While the company's 10-year median is 13.99 vs. the industry median of 7.31, Nagase Brothers 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 an Education company?
The median ROE % among Education companies is 7.31, based on 263 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. Nagase Brothers's current ROE % of 13.67% is 87% 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 Nagase Brothers and its competitors. For the Education industry, the median ROE % is 7.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nagase Brothers's current ROE % is 13.67%, which is near median its own 10-year median of 13.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nagase Brothers stock overvalued right now?
Based on GuruFocus' analysis, Nagase Brothers (TSE:9733) is currently considered Fairly Valued. The stock's GF Value™ is 円2,333.20, compared to a current price of 円2,267.00 — trading 2.8% below its estimated fair value. The current ROE % is 13.67%, which is near median its 10-year median of 13.99 and 87% above the Education industry median of 7.31. Nagase Brothers' overall GF Score™ is 84/100 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 Nagase Brothers (TSE:9733), the current ROE % is 13.67% 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 Nagase Brothers (TSE:9733) Overvalued in 2026?

Based on GuruFocus' analysis, Nagase Brothers stock appears to be undervalued. The current stock price of 円2,267.00 is trading 2.8% below its estimated GF Value™ of 円2,333.20. GuruFocus considers Nagase Brothers to be Fairly Valued.

Key valuation signals for TSE:9733:

  • ROE %: 13.67% (near median its 10-year median of 13.99)
  • GF Value™: 円2,333.20 vs. price of 円2,267.00 (2.8% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 87% above the Education median (#102 of 263)

No single metric tells the full story. See the TSE:9733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nagase Brothers Business Description

Address 1-29-2 Kichijoji Minamimachi, Musashino-shi, Tokyo, JPN
Nagase Brothers Inc operates cram schools. It offers educational services for elementary, junior high, and high school students. It also has business schools, elementary schools, and swimming schools; and offers entrance examination services, as well as publishes reference books.
84GF Score

Get the complete analysis for TSE:9733

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

円2,267.00
Price
円2,333.20
GF Value