YONXF (Yonex Co) ROE %: 12.54% (As of Mar. 2026) — 11% Above Median


YONXF Yonex Co Ltd YONXF
89 GF Score
Price $23.12
GF Value $29.25
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What is Yonex Co ROE %?

Yonex Co YONXF 89 ROE % is 12.54% as of Mar. 2026, which is 11% above its 10-year median of 11.27. GuruFocus rates YONXF with a GF Score™ of 89/100 and a GF Value™ of $29.25. Among 824 Travel & Leisure companies, Yonex Co ranks better than 77.18% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Yonex Co's annualized net income for the quarter that ended in Mar. 2026 was $63 Mil. Yonex Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $499 Mil. Therefore, Yonex Co's annualized ROE % for the quarter that ended in Mar. 2026 was 12.54%.

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

YONXF' s ROE % Range Over the Past 10 Years
Min: 2.81   Med: 11.27   Max: 16.31
Current: 16.29

During the past 13 years, Yonex Co's highest ROE % was 16.31%. The lowest was 2.81%. And the median was 11.27%.

YONXF's ROE % is ranked better than
77.18% of 824 companies
in the Travel & Leisure industry
Industry Median: 5.485 vs YONXF: 16.29

Yonex Co  (OTCPK:YONXF) 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
=62.564/498.807
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(62.564 / 1088.184)*(1088.184 / 801.8715)*(801.8715 / 498.807)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.75 %*1.3571*1.6076
=ROA %*Equity Multiplier
=7.8 %*1.6076
=12.54 %

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
=62.564/498.807
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (62.564 / 86.06) * (86.06 / 91.276) * (91.276 / 1088.184) * (1088.184 / 801.8715) * (801.8715 / 498.807)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.727 * 0.9429 * 8.39 % * 1.3571 * 1.6076
=12.54 %

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.


Yonex Co ROE % Related Terms


Yonex Co ROE % Historical Data

* Premium members only.

The historical data trend for Yonex 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.

Yonex Co ROE % Chart

Yonex 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 13.01 14.05 14.76 16.34 15.69

Yonex Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 8.03 24.53 11.65 16.80 12.54

YONXF vs AS, HAS, LTH: ROE % Comparison

For the Leisure subindustry, Yonex 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.


Yonex Co ROE % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yonex Co's ROE % distribution charts can be found below:

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


YONXF
89GF Score
Yonex Co Ltd YONXF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Yonex Co ROE % Calculation

Yonex 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 )
=76.202/( (464.257+507.251)/ 2 )
=76.202/485.754
=15.69 %

Yonex 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: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=62.564/( (490.363+507.251)/ 2 )
=62.564/498.807
=12.54 %

* 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 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 12.54% mean?
Yonex Co (YONXF) has a ROE % of 12.54% 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 Yonex Co and its competitors. This is 11% above median its historical median of 11.27. Over the past decade, Yonex Co's ROE % has ranged from 2.81 to 16.31. According to the industry distribution chart, Yonex Co ranks #188 out of 824 companies in the Travel & Leisure industry, placing it in the top 22.8%.
Is Yonex Co's ROE % too high?
Yonex Co's current ROE % of 12.54% is 11% above median its 10-year median of 11.27. Over the past 10 years, this metric has ranged from a low of 2.81 to a high of 16.31. The Travel & Leisure industry median ROE % is 5.49. Yonex Co's value of 12.54% is 128.6% above this industry median. Based on the distribution chart, Yonex Co ranks #188 out of 824 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Yonex Co has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Yonex Co's ROE % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Yonex Co ranks #188 out of 824 companies for ROE %. This places Yonex Co in the top 23% of its industry — outperforming the majority of peers. The industry median ROE % is 5.49. Yonex Co's value of 12.54% is 128.6% above this benchmark. Historically, Yonex Co's own ROE % has ranged from 2.81 to 16.31 over the past decade. While the company's 10-year median is 11.27 vs. the industry median of 5.49, Yonex 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 Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.49, based on 824 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. Yonex Co's current ROE % of 12.54% is 128.6% 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 Yonex Co and its competitors. For the Travel & Leisure industry, the median ROE % is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yonex Co's current ROE % is 12.54%, which is 11% above median its own 10-year median of 11.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yonex Co stock overvalued right now?
Yonex Co (YONXF) has a current ROE % of 12.54%. The stock's GF Value™ is $29.25, compared to a current price of $23.12 — trading 21% below its estimated fair value. The current ROE % is 12.54%, which is 11% above median its 10-year median of 11.27 and 128.6% above the Travel & Leisure industry median of 5.49. Yonex Co's overall GF Score™ is 89/100. 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 Yonex Co (YONXF), the current ROE % is 12.54% 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 Yonex Co (YONXF) Overvalued in 2026?

Based on GuruFocus' analysis, Yonex Co stock appears to be undervalued. The current stock price of $23.12 is trading 21% below its estimated GF Value™ of $29.25.

Key valuation signals for YONXF:

  • ROE %: 12.54% (11% above median its 10-year median of 11.27)
  • GF Value™: $29.25 vs. price of $23.12 (21% below fair value)
  • GF Score™: 89/100
  • Industry Position: 128.6% above the Travel & Leisure median (#188 of 824)

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


Yonex Co Business Description

Other Exchanges 7906:Japan
Address 3-23-13 Yushima, Bunkyo-ku, Tokyo, JPN, 113-8543
Yonex Co Ltd is a Japan based company engaged in manufacture and sale of sporting goods and golf course management. It produces Badminton Equipment, Tennis, Soft Tennis Equipment, and Golf Equipment. The Badminton Equipment includes Racquets, shuttlecocks, strings, apparel, shoes, bags, etc.; The Tennis, Soft Tennis Equipment includes Racquets, strings, apparel, shoes, bags, balls, etc. and Golf Equipment includes Woods, irons, putters, shafts, apparel, shoes, bags, accessories, etc. It has four geographical segments Japan, North America, Europe, and Asia.
89GF Score

Get the complete analysis for YONXF

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

$23.12
Price
$29.25
GF Value