Mammy Mart Holdings (TSE:9823) ROE %: 13.84% (As of Mar. 2026) — 28% Above Median


TSE:9823 Mammy Mart Holdings Corp TSE:9823
72 GF Score
Price 円1,047.00
GF Value 円1,140.45
Valuation Fairly Valued
! 4 Warning Signs
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What is Mammy Mart Holdings ROE %?

Mammy Mart Holdings TSE:9823 -1.51% 72 ROE % is 13.84% as of Mar. 2026, which is 28% above its 10-year median of 10.85. GuruFocus rates TSE:9823 with a GF Score™ of 72/100 and a GF Value™ of 円1,140.45 (Fairly Valued). The stock has 4 warning signs investors should review. Among 307 Retail - Defensive companies, Mammy Mart Holdings ranks worse than 54.4% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mammy Mart Holdings's annualized net income for the quarter that ended in Mar. 2026 was 円6,136 Mil. Mammy Mart Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円44,350 Mil. Therefore, Mammy Mart Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 13.84%.

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

TSE:9823' s ROE % Range Over the Past 10 Years
Min: -5.31   Med: 10.85   Max: 14.27
Current: 7.51

During the past 13 years, Mammy Mart Holdings's highest ROE % was 14.27%. The lowest was -5.31%. And the median was 10.85%.

TSE:9823's ROE % is ranked worse than
54.4% of 307 companies
in the Retail - Defensive industry
Industry Median: 8.56 vs TSE:9823: 7.51

Mammy Mart Holdings  (TSE:9823) 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
=6136/44349.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6136 / 223392)*(223392 / 97541.5)*(97541.5 / 44349.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.75 %*2.2902*2.1994
=ROA %*Equity Multiplier
=6.3 %*2.1994
=13.84 %

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
=6136/44349.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6136 / 9488) * (9488 / 8548) * (8548 / 223392) * (223392 / 97541.5) * (97541.5 / 44349.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6467 * 1.11 * 3.83 % * 2.2902 * 2.1994
=13.84 %

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.


Mammy Mart Holdings ROE % Related Terms


Mammy Mart Holdings ROE % Historical Data

* Premium members only.

The historical data trend for Mammy Mart 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.

Mammy Mart Holdings ROE % Chart

Mammy Mart Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.27 11.17 13.07 13.17 13.08

Mammy Mart Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 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 15.48 15.98 0.00 15.73 13.84

TSE:9823 vs KR: ROE % Comparison

For the Grocery Stores subindustry, Mammy Mart 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.


Mammy Mart Holdings ROE % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Mammy Mart Holdings's ROE % distribution charts can be found below:

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


TSE:9823
72GF Score
Mammy Mart Holdings Corp TSE:9823
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mammy Mart Holdings ROE % Calculation

Mammy Mart Holdings's annualized ROE % for the fiscal year that ended in Sep. 2025 is calculated as

ROE %=Net Income (A: Sep. 2025 )/( (Total Stockholders Equity (A: Sep. 2024 )+Total Stockholders Equity (A: Sep. 2025 ))/ count )
=5246/( (37871+42371)/ 2 )
=5246/40121
=13.08 %

Mammy Mart 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: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=6136/( (43542+45157)/ 2 )
=6136/44349.5
=13.84 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 13.84% mean?
Mammy Mart Holdings (TSE:9823) has a ROE % of 13.84% 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 Mammy Mart Holdings and its competitors. This is 28% above median its historical median of 10.85. According to the industry distribution chart, Mammy Mart Holdings ranks #167 out of 307 companies in the Retail - Defensive industry, placing it in the top 54.4%.
Is Mammy Mart Holdings' ROE % too high?
Mammy Mart Holdings' current ROE % of 13.84% is 28% above median its 10-year median of 10.85. The Retail - Defensive industry median ROE % is 8.56. Mammy Mart Holdings' value of 13.84% is 61.7% above this industry median. Based on the distribution chart, Mammy Mart Holdings ranks #167 out of 307 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Mammy Mart Holdings has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mammy Mart Holdings' ROE % compare to KR?
According to the Retail - Defensive industry distribution chart, Mammy Mart Holdings ranks #167 out of 307 companies for ROE %. This places Mammy Mart Holdings in the lower half of its industry. The industry median ROE % is 8.56. Mammy Mart Holdings' value of 13.84% is 61.7% above this benchmark. While the company's 10-year median is 10.85 vs. the industry median of 8.56, Mammy Mart 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 Retail - Defensive company?
The median ROE % among Retail - Defensive companies is 8.56, based on 307 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. Mammy Mart Holdings's current ROE % of 13.84% is 61.7% 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 Mammy Mart Holdings and its competitors. For the Retail - Defensive industry, the median ROE % is 8.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mammy Mart Holdings's current ROE % is 13.84%, which is 28% above median its own 10-year median of 10.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mammy Mart Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mammy Mart Holdings (TSE:9823) is currently considered Fairly Valued. The stock's GF Value™ is 円1,140.45, compared to a current price of 円1,047.00 — trading 8.2% below its estimated fair value. The current ROE % is 13.84%, which is 28% above median its 10-year median of 10.85 and 61.7% above the Retail - Defensive industry median of 8.56. Mammy Mart Holdings' overall GF Score™ is 72/100 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 Mammy Mart Holdings (TSE:9823), the current ROE % is 13.84% 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 Mammy Mart Holdings (TSE:9823) Overvalued in 2026?

Based on GuruFocus' analysis, Mammy Mart Holdings stock appears to be undervalued. The current stock price of 円1,047.00 is trading 8.2% below its estimated GF Value™ of 円1,140.45. GuruFocus considers Mammy Mart Holdings to be Fairly Valued.

Key valuation signals for TSE:9823:

  • ROE %: 13.84% (28% above median its 10-year median of 10.85)
  • GF Value™: 円1,140.45 vs. price of 円1,047.00 (8.2% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 61.7% above the Retail - Defensive median (#167 of 307)

No single metric tells the full story. See the TSE:9823 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mammy Mart Holdings Business Description

Address 2-2-47 Honmachi, Saitama Prefecture, Higashimatsuyama, JPN
Mammy Mart Holdings Corp Formerly Mammy Mart Corp is a fresh food supermarket chain. It develops steadily based on community-based management. The company has one segment named the Supermarket business, which mainly sells fresh food, processed foods, prepared foods, daily necessities, etc.
72GF Score

Get the complete analysis for TSE:9823

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

円1,047.00
Price
円1,140.45
GF Value