Tenmaya Store Co (TSE:9846) ROE %: 5.48% (As of Feb. 2026) — 10% Above Median


TSE:9846 Tenmaya Store Co Ltd TSE:9846
68 GF Score
Price 円1,008.00
GF Value 円1,009.53
Valuation Fairly Valued
! 3 Warning Signs
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What is Tenmaya Store Co ROE %?

Tenmaya Store Co TSE:9846 +0.70% 68 ROE % is 5.48% as of Feb. 2026, which is 10% above its 10-year median of 4.96. GuruFocus rates TSE:9846 with a GF Score™ of 68/100 and a GF Value™ of 円1,009.53 (Fairly Valued). The stock has 3 warning signs investors should review. Among 306 Retail - Defensive companies, Tenmaya Store Co ranks worse than 66.67% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tenmaya Store Co's annualized net income for the quarter that ended in Feb. 2026 was 円1,496 Mil. Tenmaya Store Co's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was 円27,307 Mil. Therefore, Tenmaya Store Co's annualized ROE % for the quarter that ended in Feb. 2026 was 5.48%.

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

TSE:9846' s ROE % Range Over the Past 10 Years
Min: 3.75   Med: 4.96   Max: 6.51
Current: 5.01

During the past 13 years, Tenmaya Store Co's highest ROE % was 6.51%. The lowest was 3.75%. And the median was 4.96%.

TSE:9846's ROE % is ranked worse than
66.67% of 306 companies
in the Retail - Defensive industry
Industry Median: 8.56 vs TSE:9846: 5.01

Tenmaya Store Co  (TSE:9846) 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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=1496.436/27306.6185
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1496.436 / 59389.75)*(59389.75 / 44988.602)*(44988.602 / 27306.6185)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.52 %*1.3201*1.6475
=ROA %*Equity Multiplier
=3.33 %*1.6475
=5.48 %

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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=1496.436/27306.6185
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1496.436 / 1989.118) * (1989.118 / 2231.156) * (2231.156 / 59389.75) * (59389.75 / 44988.602) * (44988.602 / 27306.6185)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7523 * 0.8915 * 3.76 % * 1.3201 * 1.6475
=5.48 %

Note: The net income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 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.


Tenmaya Store Co ROE % Related Terms


Tenmaya Store Co ROE % Historical Data

* Premium members only.

The historical data trend for Tenmaya Store 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.

Tenmaya Store Co ROE % Chart

Tenmaya Store Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.77 4.61 4.92 6.18 5.00

Tenmaya Store Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 4.99 6.63 5.72 4.53 5.48

TSE:9846 vs KR: ROE % Comparison

For the Grocery Stores subindustry, Tenmaya Store 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.


Tenmaya Store Co ROE % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tenmaya Store Co's ROE % distribution charts can be found below:

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


TSE:9846
68GF Score
Tenmaya Store Co Ltd TSE:9846
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenmaya Store Co ROE % Calculation

Tenmaya Store Co's annualized ROE % for the fiscal year that ended in Feb. 2026 is calculated as

ROE %=Net Income (A: Feb. 2026 )/( (Total Stockholders Equity (A: Feb. 2025 )+Total Stockholders Equity (A: Feb. 2026 ))/ count )
=1350.612/( (26300.184+27710.995)/ 2 )
=1350.612/27005.5895
=5.00 %

Tenmaya Store Co's annualized ROE % for the quarter that ended in Feb. 2026 is calculated as

ROE %=Net Income (Q: Feb. 2026 )/( (Total Stockholders Equity (Q: Aug. 2025 )+Total Stockholders Equity (Q: Feb. 2026 ))/ count )
=1496.436/( (26902.242+27710.995)/ 2 )
=1496.436/27306.6185
=5.48 %

* 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 (Feb. 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 5.48% mean?
Tenmaya Store Co (TSE:9846) has a ROE % of 5.48% as of Feb. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tenmaya Store Co and its competitors. This is 10% above median its historical median of 4.96. Over the past decade, Tenmaya Store Co's ROE % has ranged from 3.75 to 6.51. According to the industry distribution chart, Tenmaya Store Co ranks #204 out of 306 companies in the Retail - Defensive industry, placing it in the top 66.7%.
Is Tenmaya Store Co's ROE % too high?
Tenmaya Store Co's current ROE % of 5.48% is 10% above median its 10-year median of 4.96. Over the past 10 years, this metric has ranged from a low of 3.75 to a high of 6.51. The Retail - Defensive industry median ROE % is 8.56. Tenmaya Store Co's value of 5.48% is 36% below this industry median. Based on the distribution chart, Tenmaya Store Co ranks #204 out of 306 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Tenmaya Store Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tenmaya Store Co's ROE % compare to KR?
According to the Retail - Defensive industry distribution chart, Tenmaya Store Co ranks #204 out of 306 companies for ROE %. This places Tenmaya Store Co in the lower half of its industry. The industry median ROE % is 8.56. Tenmaya Store Co's value of 5.48% is 36% below this benchmark. Historically, Tenmaya Store Co's own ROE % has ranged from 3.75 to 6.51 over the past decade. While the company's 10-year median is 4.96 vs. the industry median of 8.56, Tenmaya Store 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 Retail - Defensive company?
The median ROE % among Retail - Defensive companies is 8.56, based on 306 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. Tenmaya Store Co's current ROE % of 5.48% is 36% 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 Tenmaya Store Co 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. Tenmaya Store Co's current ROE % is 5.48%, which is 10% above median its own 10-year median of 4.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenmaya Store Co stock overvalued right now?
Based on GuruFocus' analysis, Tenmaya Store Co (TSE:9846) is currently considered Fairly Valued. The stock's GF Value™ is 円1,009.53, compared to a current price of 円1,008.00 — trading 0.2% below its estimated fair value. The current ROE % is 5.48%, which is 10% above median its 10-year median of 4.96 and 36% below the Retail - Defensive industry median of 8.56. Tenmaya Store Co's overall GF Score™ is 68/100 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 Tenmaya Store Co (TSE:9846), the current ROE % is 5.48% as of Feb. 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 Tenmaya Store Co (TSE:9846) Overvalued in 2026?

Based on GuruFocus' analysis, Tenmaya Store Co stock appears to be undervalued. The current stock price of 円1,008.00 is trading 0.2% below its estimated GF Value™ of 円1,009.53. GuruFocus considers Tenmaya Store Co to be Fairly Valued.

Key valuation signals for TSE:9846:

  • ROE %: 5.48% (10% above median its 10-year median of 4.96)
  • GF Value™: 円1,009.53 vs. price of 円1,008.00 (0.2% below fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 36% below the Retail - Defensive median (#204 of 306)

No single metric tells the full story. See the TSE:9846 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenmaya Store Co Business Description

Address Okamachi 13-16, Kita Ward, Okayama, JPN, 700-8502
Tenmaya Store Co Ltd is a Japan-based company involved in the retail trade of groceries, miscellaneous goods, and clothing.
68GF Score

Get the complete analysis for TSE:9846

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

円1,008.00
Price
円1,009.53
GF Value