Meiko Construction Co (NGO:1869) 3-Year RORE % : 16.52% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:1869 Meiko Construction Co Ltd NGO:1869
67 GF Score
Price 円1,909.00
GF Value 円1,415.13
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Meiko Construction Co 3-Year RORE %?

Meiko Construction Co NGO:1869 +0.37% 67 3-Year RORE % is 16.52 as of Mar. 2026. GuruFocus rates NGO:1869 with a GF Score™ of 67/100 and a GF Value™ of 円1,415.13 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 91 Homebuilding & Construction companies, Meiko Construction Co ranks better than 69.23% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Meiko Construction Co's 3-Year RORE % for the quarter that ended in Mar. 2026 was 16.52%.

The industry rank for Meiko Construction Co's 3-Year RORE % or its related term are showing as below:

NGO:1869's 3-Year RORE % is ranked better than
69.23% of 91 companies
in the Homebuilding & Construction industry
Industry Median: 0.88 vs NGO:1869: 16.52

Meiko Construction Co  (NGO:1869) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Meiko Construction Co 3-Year RORE % Related Terms


Meiko Construction Co 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Meiko Construction Co's 3-Year RORE % 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.

Meiko Construction Co 3-Year RORE % Chart

Meiko Construction Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 0.86 -10.15 4.61 16.52

Meiko Construction Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
3-Year RORE % 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 -10.15 1.90 4.61 7.71 16.52

NGO:1869 vs DHI, PHM, LEN: 3-Year RORE % Comparison

For the Residential Construction subindustry, Meiko Construction Co's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Meiko Construction Co 3-Year RORE % vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Meiko Construction Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Meiko Construction Co's 3-Year RORE % falls into.


NGO:1869
67GF Score
Meiko Construction Co Ltd NGO:1869
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meiko Construction Co 3-Year RORE % Calculation

Meiko Construction Co's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 236.461-159.58 )/( 601.421-136 )
=76.881/465.421
=16.52 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 16.52 mean?
Meiko Construction Co (NGO:1869) has a 3-Year RORE % of 16.52 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Meiko Construction Co and its competitors. According to the industry distribution chart, Meiko Construction Co ranks #28 out of 91 companies in the Homebuilding & Construction industry, placing it in the top 30.8%.
Is Meiko Construction Co's 3-Year RORE % too high?
Meiko Construction Co's current 3-Year RORE % is 16.52. The Homebuilding & Construction industry median 3-Year RORE % is 0.88. Meiko Construction Co's value of 16.52 is 1777.3% above this industry median. Based on the distribution chart, Meiko Construction Co ranks #28 out of 91 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, Meiko Construction Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiko Construction Co's 3-Year RORE % compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Meiko Construction Co ranks #28 out of 91 companies for 3-Year RORE %. This puts Meiko Construction Co in the upper half of its industry. The industry median 3-Year RORE % is 0.88. Meiko Construction Co's value of 16.52 is 1777.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Homebuilding & Construction company?
The median 3-Year RORE % among Homebuilding & Construction companies is 0.88, based on 91 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meiko Construction Co's current 3-Year RORE % of 16.52 is 1777.3% 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Meiko Construction Co and its competitors. For the Homebuilding & Construction industry, the median 3-Year RORE % is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiko Construction Co's current 3-Year RORE % is 16.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiko Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Meiko Construction Co (NGO:1869) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,415.13, compared to a current price of 円1,909.00 — trading 34.9% above its estimated fair value. The current 3-Year RORE % is 16.52 and 1777.3% above the Homebuilding & Construction industry median of 0.88. Meiko Construction Co's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Meiko Construction Co (NGO:1869), the current 3-Year RORE % is 16.52 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 Meiko Construction Co (NGO:1869) Overvalued in 2026?

Based on GuruFocus' analysis, Meiko Construction Co stock appears to be overvalued. The current stock price of 円1,909.00 is trading 34.9% above its estimated GF Value™ of 円1,415.13. GuruFocus considers Meiko Construction Co to be Significantly Overvalued.

Key valuation signals for NGO:1869:

  • 3-Year RORE %: 16.52
  • GF Value™: 円1,415.13 vs. price of 円1,909.00 (34.9% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 1777.3% above the Homebuilding & Construction median (#28 of 91)

No single metric tells the full story. See the NGO:1869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiko Construction Co Business Description

Address 1-1-4 Meieki, JR Central Towers 34 Floor, Nakamura-ku, Nagoya, JPN, 450-6113
Meiko Construction Co Ltd is engaged in the construction industry. The company undertakes contract for civil works, construction work, track construction and construction work of the facility construction, supervision, planning, design, surveying and consulting. The company is also involved in the buying and selling of houses and real estate, lease, and brokerage. Construction materials on rental, warehousing, and management of education and cultural facilities are additional activities done by the company.
67GF Score

Get the complete analysis for NGO:1869

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

円1,909.00
Price
円1,415.13
GF Value