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Nikken Kogaku CoTSE:9767 -0.31%73 ROE % is 4.94% as of Mar. 2026, which is 19% below its 10-year median of 6.11. GuruFocus rates TSE:9767 with a GF Score™ of 73/100 and a GF Value™ of 円1,577.18 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,747 Construction companies, Nikken Kogaku Co ranks better than 55.29% on this metric.
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.
Nikken Kogaku Co ROE % Related Terms
Nikken Kogaku Co ROE % Historical Data
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The historical data trend for Nikken Kogaku 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 Building Products & Equipment subindustry, Nikken Kogaku 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.
Nikken Kogaku Co ROE % vs Construction Industry
For the Construction industry and Industrials sector, Nikken Kogaku Co's ROE % distribution charts can be found below:
* The bar in red indicates where Nikken Kogaku 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.
Nikken Kogaku Co (TSE:9767) has a ROE % of 4.94% 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 Nikken Kogaku Co and its competitors. This is 19% below median its historical median of 6.11. According to the industry distribution chart, Nikken Kogaku Co ranks #781 out of 1747 companies in the Construction industry, placing it in the top 44.7%.
Is Nikken Kogaku Co's ROE % too high?
Nikken Kogaku Co's current ROE % of 4.94% is 19% below median its 10-year median of 6.11. The Construction industry median ROE % is 6.67. Nikken Kogaku Co's value of 4.94% is 25.9% below this industry median. Based on the distribution chart, Nikken Kogaku Co ranks #781 out of 1747 companies in the Construction industry, which is above the industry midpoint. Overall, Nikken Kogaku Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nikken Kogaku Co's ROE % compare to TT and JCI?
According to the Construction industry distribution chart, Nikken Kogaku Co ranks #781 out of 1747 companies for ROE %. This puts Nikken Kogaku Co in the upper half of its industry. The industry median ROE % is 6.67. Nikken Kogaku Co's value of 4.94% is 25.9% below this benchmark. While the company's 10-year median is 6.11 vs. the industry median of 6.67, Nikken Kogaku 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 a Construction company?
The median ROE % among Construction companies is 6.67, based on 1,747 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. Nikken Kogaku Co's current ROE % of 4.94% is 25.9% 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 Nikken Kogaku Co and its competitors. For the Construction industry, the median ROE % is 6.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikken Kogaku Co's current ROE % is 4.94%, which is 19% below median its own 10-year median of 6.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikken Kogaku Co stock overvalued right now?
Based on GuruFocus' analysis, Nikken Kogaku Co (TSE:9767) is currently considered Fairly Valued. The stock's GF Value™ is 円1,577.18, compared to a current price of 円1,587.00 — trading 0.6% above its estimated fair value. The current ROE % is 4.94%, which is 19% below median its 10-year median of 6.11 and 25.9% below the Construction industry median of 6.67. Nikken Kogaku Co's overall GF Score™ is 73/100 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 Nikken Kogaku Co (TSE:9767), the current ROE % is 4.94% 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 Nikken Kogaku Co (TSE:9767) Overvalued in 2026?
Based on GuruFocus' analysis, Nikken Kogaku Co stock appears to be overvalued.
The current stock price of 円1,587.00 is trading 0.6% above its estimated GF Value™ of 円1,577.18.
GuruFocus considers Nikken Kogaku Co to be Fairly Valued.
Key valuation signals for TSE:9767:
ROE %: 4.94% (19% below median its 10-year median of 6.11)
GF Value™: 円1,577.18 vs. price of 円1,587.00 (0.6% above fair value)
Industry Position: 25.9% below the Construction median (#781 of 1747)
No single metric tells the full story. See the TSE:9767 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nikken Kogaku Co Ltd develops a wide range of products and construction methods such as wave-blocking block, revetment block, natural stone construction method, and other civil engineering products. It primarily serves to the ministry of land, infrastructure, transport and tourism; local governments, construction companies, and construction consultants across Japan.
73GF Score
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