Gakkyusha Co (TSE:9769) ROE %: 23.54% (As of Mar. 2026) — 17% Below Median


TSE:9769 Gakkyusha Co Ltd TSE:9769
79 GF Score
Price 円2,508.00
GF Value 円2,116.21
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Gakkyusha Co ROE %?

Gakkyusha Co TSE:9769 -0.04% 79 ROE % is 23.54% as of Mar. 2026, which is 17% below its 10-year median of 28.51. GuruFocus rates TSE:9769 with a GF Score™ of 79/100 and a GF Value™ of 円2,116.21 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 263 Education companies, Gakkyusha Co ranks better than 85.17% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gakkyusha Co's annualized net income for the quarter that ended in Mar. 2026 was 円1,874 Mil. Gakkyusha Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円7,963 Mil. Therefore, Gakkyusha Co's annualized ROE % for the quarter that ended in Mar. 2026 was 23.54%.

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

TSE:9769' s ROE % Range Over the Past 10 Years
Min: 23.13   Med: 28.51   Max: 36.16
Current: 23.84

During the past 13 years, Gakkyusha Co's highest ROE % was 36.16%. The lowest was 23.13%. And the median was 28.51%.

TSE:9769's ROE % is ranked better than
85.17% of 263 companies
in the Education industry
Industry Median: 7.31 vs TSE:9769: 23.84

Gakkyusha Co  (TSE:9769) 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
=1874.452/7962.6045
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1874.452 / 13008.842)*(13008.842 / 12548.9985)*(12548.9985 / 7962.6045)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.41 %*1.0366*1.576
=ROA %*Equity Multiplier
=14.94 %*1.576
=23.54 %

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
=1874.452/7962.6045
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1874.452 / 2635.684) * (2635.684 / 2911.192) * (2911.192 / 13008.842) * (13008.842 / 12548.9985) * (12548.9985 / 7962.6045)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7112 * 0.9054 * 22.38 % * 1.0366 * 1.576
=23.54 %

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.


Gakkyusha Co ROE % Related Terms


Gakkyusha Co ROE % Historical Data

* Premium members only.

The historical data trend for Gakkyusha 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.

Gakkyusha Co ROE % Chart

Gakkyusha Co 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 33.23 35.07 29.76 26.95 23.84

Gakkyusha Co 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 29.47 30.95 22.85 24.16 23.54

TSE:9769 vs EDU, TAL, GHC: ROE % Comparison

For the Education & Training Services subindustry, Gakkyusha 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.


Gakkyusha Co ROE % vs Education Industry

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

* The bar in red indicates where Gakkyusha Co's ROE % falls into.


TSE:9769
79GF Score
Gakkyusha Co Ltd TSE:9769
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gakkyusha Co ROE % Calculation

Gakkyusha Co'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 )
=1848.586/( (7335.481+8171.756)/ 2 )
=1848.586/7753.6185
=23.84 %

Gakkyusha Co'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 )
=1874.452/( (7753.453+8171.756)/ 2 )
=1874.452/7962.6045
=23.54 %

* 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 23.54% mean?
Gakkyusha Co (TSE:9769) has a ROE % of 23.54% 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 Gakkyusha Co and its competitors. This is 17% below median its historical median of 28.51. Over the past decade, Gakkyusha Co's ROE % has ranged from 23.13 to 36.16. According to the industry distribution chart, Gakkyusha Co ranks #39 out of 263 companies in the Education industry, placing it in the top 14.8%.
Is Gakkyusha Co's ROE % too high?
Gakkyusha Co's current ROE % of 23.54% is 17% below median its 10-year median of 28.51. Over the past 10 years, this metric has ranged from a low of 23.13 to a high of 36.16. The Education industry median ROE % is 7.31. Gakkyusha Co's value of 23.54% is 222% above this industry median. Based on the distribution chart, Gakkyusha Co ranks #39 out of 263 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Gakkyusha Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gakkyusha Co's ROE % compare to EDU and TAL?
According to the Education industry distribution chart, Gakkyusha Co ranks #39 out of 263 companies for ROE %. This places Gakkyusha Co in the top 15% of its industry — outperforming the majority of peers. The industry median ROE % is 7.31. Gakkyusha Co's value of 23.54% is 222% above this benchmark. Historically, Gakkyusha Co's own ROE % has ranged from 23.13 to 36.16 over the past decade. While the company's 10-year median is 28.51 vs. the industry median of 7.31, Gakkyusha 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 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. Gakkyusha Co's current ROE % of 23.54% is 222% 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 Gakkyusha Co 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. Gakkyusha Co's current ROE % is 23.54%, which is 17% below median its own 10-year median of 28.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gakkyusha Co stock overvalued right now?
Based on GuruFocus' analysis, Gakkyusha Co (TSE:9769) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,116.21, compared to a current price of 円2,508.00 — trading 18.5% above its estimated fair value. The current ROE % is 23.54%, which is 17% below median its 10-year median of 28.51 and 222% above the Education industry median of 7.31. Gakkyusha Co's overall GF Score™ is 79/100 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 Gakkyusha Co (TSE:9769), the current ROE % is 23.54% 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 Gakkyusha Co (TSE:9769) Overvalued in 2026?

Based on GuruFocus' analysis, Gakkyusha Co stock appears to be overvalued. The current stock price of 円2,508.00 is trading 18.5% above its estimated GF Value™ of 円2,116.21. GuruFocus considers Gakkyusha Co to be Modestly Overvalued.

Key valuation signals for TSE:9769:

  • ROE %: 23.54% (17% below median its 10-year median of 28.51)
  • GF Value™: 円2,116.21 vs. price of 円2,508.00 (18.5% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 222% above the Education median (#39 of 263)

No single metric tells the full story. See the TSE:9769 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gakkyusha Co Business Description

Address 2-7-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163 0722
Gakkyusha Co Ltd manages and administers middle schools, high schools and universities.
79GF Score

Get the complete analysis for TSE:9769

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

円2,508.00
Price
円2,116.21
GF Value