JK Holdings Co (TSE:9896) ROE %: 6.83% (As of Mar. 2026) — Near Median

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TSE:9896 JK Holdings Co Ltd TSE:9896
71 GF Score
Price 円1,460.00
GF Value 円1,148.95
Valuation Modestly Overvalued
! 5 Warning Signs
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What is JK Holdings Co ROE %?

JK Holdings Co TSE:9896 -0.21% 71 ROE % is 6.83% as of Mar. 2026, which is 7% below its 10-year median of 7.37. GuruFocus rates TSE:9896 with a GF Score™ of 71/100 and a GF Value™ of 円1,148.95 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 564 Conglomerates companies, JK Holdings Co ranks better than 50.71% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. JK Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was 円4,358 Mil. JK Holdings Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円63,762 Mil. Therefore, JK Holdings Co's annualized ROE % for the quarter that ended in Mar. 2026 was 6.83%.

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

TSE:9896' s ROE % Range Over the Past 10 Years
Min: 5.43   Med: 7.37   Max: 18.67
Current: 6.33

During the past 13 years, JK Holdings Co's highest ROE % was 18.67%. The lowest was 5.43%. And the median was 7.37%.

TSE:9896's ROE % is ranked better than
50.71% of 564 companies
in the Conglomerates industry
Industry Median: 5.985 vs TSE:9896: 6.33

JK Holdings Co  (TSE:9896) 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
=4358/63761.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4358 / 410984)*(410984 / 217429.5)*(217429.5 / 63761.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.06 %*1.8902*3.41
=ROA %*Equity Multiplier
=2 %*3.41
=6.83 %

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
=4358/63761.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4358 / 7666) * (7666 / 6784) * (6784 / 410984) * (410984 / 217429.5) * (217429.5 / 63761.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5685 * 1.13 * 1.65 % * 1.8902 * 3.41
=6.83 %

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.


JK Holdings Co ROE % Related Terms


JK Holdings Co ROE % Historical Data

* Premium members only.

The historical data trend for JK Holdings 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.

JK Holdings Co ROE % Chart

JK Holdings 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 18.67 12.42 8.63 6.87 6.31

JK Holdings 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 8.69 6.39 7.36 5.84 6.83

TSE:9896 vs HON, MMM: ROE % Comparison

For the Conglomerates subindustry, JK Holdings 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.


JK Holdings Co ROE % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, JK Holdings Co's ROE % distribution charts can be found below:

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


TSE:9896
71GF Score
JK Holdings Co Ltd TSE:9896
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JK Holdings Co ROE % Calculation

JK Holdings 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 )
=4033/( (63610+64131)/ 2 )
=4033/63870.5
=6.31 %

JK Holdings 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 )
=4358/( (63392+64131)/ 2 )
=4358/63761.5
=6.83 %

* 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 6.83% mean?
JK Holdings Co (TSE:9896) has a ROE % of 6.83% 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 JK Holdings Co and its competitors. This is near median its historical median of 7.37. Over the past decade, JK Holdings Co's ROE % has ranged from 5.43 to 18.67. According to the industry distribution chart, JK Holdings Co ranks #278 out of 564 companies in the Conglomerates industry, placing it in the top 49.3%.
Is JK Holdings Co's ROE % too high?
JK Holdings Co's current ROE % of 6.83% is near median its 10-year median of 7.37. Over the past 10 years, this metric has ranged from a low of 5.43 to a high of 18.67. The Conglomerates industry median ROE % is 5.99. JK Holdings Co's value of 6.83% is 14.1% above this industry median. Based on the distribution chart, JK Holdings Co ranks #278 out of 564 companies in the Conglomerates industry, which is above the industry midpoint. Overall, JK Holdings Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JK Holdings Co's ROE % compare to HON and MMM?
According to the Conglomerates industry distribution chart, JK Holdings Co ranks #278 out of 564 companies for ROE %. This puts JK Holdings Co in the upper half of its industry. The industry median ROE % is 5.99. JK Holdings Co's value of 6.83% is 14.1% above this benchmark. Historically, JK Holdings Co's own ROE % has ranged from 5.43 to 18.67 over the past decade. While the company's 10-year median is 7.37 vs. the industry median of 5.99, JK Holdings 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 a Conglomerates company?
The median ROE % among Conglomerates companies is 5.99, based on 564 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. JK Holdings Co's current ROE % of 6.83% is 14.1% 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 JK Holdings Co and its competitors. For the Conglomerates industry, the median ROE % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JK Holdings Co's current ROE % is 6.83%, which is near median its own 10-year median of 7.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JK Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, JK Holdings Co (TSE:9896) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,148.95, compared to a current price of 円1,460.00 — trading 27.1% above its estimated fair value. The current ROE % is 6.83%, which is near median its 10-year median of 7.37 and 14.1% above the Conglomerates industry median of 5.99. JK Holdings Co's overall GF Score™ is 71/100 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 JK Holdings Co (TSE:9896), the current ROE % is 6.83% 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 JK Holdings Co (TSE:9896) Overvalued in 2026?

Based on GuruFocus' analysis, JK Holdings Co stock appears to be overvalued. The current stock price of 円1,460.00 is trading 27.1% above its estimated GF Value™ of 円1,148.95. GuruFocus considers JK Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:9896:

  • ROE %: 6.83% (near median its 10-year median of 7.37)
  • GF Value™: 円1,148.95 vs. price of 円1,460.00 (27.1% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 14.1% above the Conglomerates median (#278 of 564)

No single metric tells the full story. See the TSE:9896 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JK Holdings Co Business Description

Address Wood Land Tower 1-7-22, Shinkiba Koto-ku, Tokyo, JPN, 136-8405
JK Holdings Co Ltd manufacturing and selling plywood, processing and selling lumber, and wholesale and retail sales of plywood, secondary plywood products, building materials, and housing equipment, as well as transporting the group's products and general cargo. Its segments include General building materials wholesale business; Plywood manufacturing and wood processing; General building materials retail business; and Others.
71GF Score

Get the complete analysis for TSE:9896

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

円1,460.00
Price
円1,148.95
GF Value