First Brothers Co (TSE:3454) 3-Year RORE % : 47.44% (As of May. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:3454 First Brothers Co Ltd TSE:3454
68 GF Score
Price 円1,273.00
GF Value 円1,545.43
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is First Brothers Co 3-Year RORE %?

First Brothers Co TSE:3454 +0.16% 68 3-Year RORE % is 47.44 as of May. 2026. GuruFocus rates TSE:3454 with a GF Score™ of 68/100 and a GF Value™ of 円1,545.43 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,533 Asset Management companies, First Brothers Co ranks better than 67.45% 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. First Brothers Co's 3-Year RORE % for the quarter that ended in May. 2026 was 47.44%.

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

TSE:3454's 3-Year RORE % is ranked better than
67.45% of 1533 companies
in the Asset Management industry
Industry Median: 12.5 vs TSE:3454: 47.44

First Brothers Co  (TSE:3454) 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.


First Brothers Co 3-Year RORE % Related Terms


First Brothers Co 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for First Brothers 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.

First Brothers Co 3-Year RORE % Chart

First Brothers Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.78 -21.99 6.62 -26.19 -45.44

First Brothers Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 0.00 -87.40 -45.44 -21.90 47.44

TSE:3454 vs BLK, BX, KKR: 3-Year RORE % Comparison

For the Asset Management subindustry, First Brothers 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.


First Brothers Co 3-Year RORE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, First Brothers Co's 3-Year RORE % distribution charts can be found below:

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


TSE:3454
68GF Score
First Brothers Co Ltd TSE:3454
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Brothers Co 3-Year RORE % Calculation

First Brothers Co's 3-Year RORE % for the quarter that ended in May. 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 )
=( 282.59-82.085 )/( 522.612-100 )
=200.505/422.612
=47.44 %

* 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 May. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 47.44 mean?
First Brothers Co (TSE:3454) has a 3-Year RORE % of 47.44 as of May. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on First Brothers Co and its competitors. According to the industry distribution chart, First Brothers Co ranks #499 out of 1533 companies in the Asset Management industry, placing it in the top 32.6%.
Is First Brothers Co's 3-Year RORE % too high?
First Brothers Co's current 3-Year RORE % is 47.44. The Asset Management industry median 3-Year RORE % is 12.50. First Brothers Co's value of 47.44 is 279.5% above this industry median. Based on the distribution chart, First Brothers Co ranks #499 out of 1533 companies in the Asset Management industry, which is above the industry midpoint. Overall, First Brothers Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Brothers Co's 3-Year RORE % compare to BLK and BX?
According to the Asset Management industry distribution chart, First Brothers Co ranks #499 out of 1533 companies for 3-Year RORE %. This puts First Brothers Co in the upper half of its industry. The industry median 3-Year RORE % is 12.50. First Brothers Co's value of 47.44 is 279.5% 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 an Asset Management company?
The median 3-Year RORE % among Asset Management companies is 12.50, based on 1,533 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. First Brothers Co's current 3-Year RORE % of 47.44 is 279.5% 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 First Brothers Co and its competitors. For the Asset Management industry, the median 3-Year RORE % is 12.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Brothers Co's current 3-Year RORE % is 47.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Brothers Co stock overvalued right now?
Based on GuruFocus' analysis, First Brothers Co (TSE:3454) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,545.43, compared to a current price of 円1,273.00 — trading 17.6% below its estimated fair value. The current 3-Year RORE % is 47.44 and 279.5% above the Asset Management industry median of 12.50. First Brothers Co's overall GF Score™ is 68/100 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 First Brothers Co (TSE:3454), the current 3-Year RORE % is 47.44 as of May. 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 First Brothers Co (TSE:3454) Overvalued in 2026?

Based on GuruFocus' analysis, First Brothers Co stock appears to be undervalued. The current stock price of 円1,273.00 is trading 17.6% below its estimated GF Value™ of 円1,545.43. GuruFocus considers First Brothers Co to be Modestly Undervalued.

Key valuation signals for TSE:3454:

  • 3-Year RORE %: 47.44
  • GF Value™: 円1,545.43 vs. price of 円1,273.00 (17.6% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 279.5% above the Asset Management median (#499 of 1533)

No single metric tells the full story. See the TSE:3454 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Brothers Co Business Description

Address 2-4-1 Marunouchi, 25th Floor, Marunouchi Building, Chiyoda-ku, Tokyo, JPN, 100-6325
First Brothers Co Ltd engages in the investment management business. It operates through the Investment Management, Investment Banking, and Facility Management divisions. The Investment Management division invests in real estate or real estate trust beneficiary rights by performing asset management in a private fund format. The Investment Banking division provides various advisory services for real estate and other investments. The Facility Management operates accommodation facilities to provide hospitality services from a medium-to long-term perspective.
68GF Score

Get the complete analysis for TSE:3454

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

円1,273.00
Price
円1,545.43
GF Value