Nippon Ski Resort Development Co (TSE:6040) 3-Year RORE % : 8.85% (As of Jan. 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.

TSE:6040 Nippon Ski Resort Development Co Ltd TSE:6040
80 GF Score
Price 円526.00
GF Value 円569.36
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Nippon Ski Resort Development Co 3-Year RORE %?

Nippon Ski Resort Development Co TSE:6040 +0.57% 80 3-Year RORE % is 8.85 as of Jan. 2026. GuruFocus rates TSE:6040 with a GF Score™ of 80/100 and a GF Value™ of 円569.36 (Fairly Valued). The stock has 3 warning signs investors should review. Among 790 Travel & Leisure companies, Nippon Ski Resort Development Co ranks better than 55.57% 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. Nippon Ski Resort Development Co's 3-Year RORE % for the quarter that ended in Jan. 2026 was 8.85%.

The industry rank for Nippon Ski Resort Development Co's 3-Year RORE % or its related term are showing as below:

TSE:6040's 3-Year RORE % is ranked better than
55.57% of 790 companies
in the Travel & Leisure industry
Industry Median: 4.525 vs TSE:6040: 8.85

Nippon Ski Resort Development Co  (TSE:6040) 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.


Nippon Ski Resort Development Co 3-Year RORE % Related Terms


Nippon Ski Resort Development Co 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Nippon Ski Resort Development 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.

Nippon Ski Resort Development Co 3-Year RORE % Chart

Nippon Ski Resort Development Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -438.92 24.55 478.75 61.89 19.44

Nippon Ski Resort Development Co Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 109.38 61.89 31.70 19.44 8.85

TSE:6040 vs LVS, MGM, WYNN: 3-Year RORE % Comparison

For the Resorts & Casinos subindustry, Nippon Ski Resort Development 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.


Nippon Ski Resort Development Co 3-Year RORE % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Nippon Ski Resort Development Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Nippon Ski Resort Development Co's 3-Year RORE % falls into.


TSE:6040
80GF Score
Nippon Ski Resort Development Co Ltd TSE:6040
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Ski Resort Development Co 3-Year RORE % Calculation

Nippon Ski Resort Development Co's 3-Year RORE % for the quarter that ended in Jan. 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 )
=( 29.3-22.95 )/( 82.403-10.666 )
=6.35/71.737
=8.85 %

* 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 Jan. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 8.85 mean?
Nippon Ski Resort Development Co (TSE:6040) has a 3-Year RORE % of 8.85 as of Jan. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Nippon Ski Resort Development Co and its competitors. According to the industry distribution chart, Nippon Ski Resort Development Co ranks #351 out of 790 companies in the Travel & Leisure industry, placing it in the top 44.4%.
Is Nippon Ski Resort Development Co's 3-Year RORE % too high?
Nippon Ski Resort Development Co's current 3-Year RORE % is 8.85. The Travel & Leisure industry median 3-Year RORE % is 4.53. Nippon Ski Resort Development Co's value of 8.85 is 95.6% above this industry median. Based on the distribution chart, Nippon Ski Resort Development Co ranks #351 out of 790 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Nippon Ski Resort Development Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Ski Resort Development Co's 3-Year RORE % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Nippon Ski Resort Development Co ranks #351 out of 790 companies for 3-Year RORE %. This puts Nippon Ski Resort Development Co in the upper half of its industry. The industry median 3-Year RORE % is 4.53. Nippon Ski Resort Development Co's value of 8.85 is 95.6% 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 Travel & Leisure company?
The median 3-Year RORE % among Travel & Leisure companies is 4.53, based on 790 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. Nippon Ski Resort Development Co's current 3-Year RORE % of 8.85 is 95.6% 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 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 Nippon Ski Resort Development Co and its competitors. For the Travel & Leisure industry, the median 3-Year RORE % is 4.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Ski Resort Development Co's current 3-Year RORE % is 8.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Ski Resort Development Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Ski Resort Development Co (TSE:6040) is currently considered Fairly Valued. The stock's GF Value™ is 円569.36, compared to a current price of 円526.00 — trading 7.6% below its estimated fair value. The current 3-Year RORE % is 8.85 and 95.6% above the Travel & Leisure industry median of 4.53. Nippon Ski Resort Development Co's overall GF Score™ is 80/100 with 3 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 Nippon Ski Resort Development Co (TSE:6040), the current 3-Year RORE % is 8.85 as of Jan. 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 Nippon Ski Resort Development Co (TSE:6040) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Ski Resort Development Co stock appears to be undervalued. The current stock price of 円526.00 is trading 7.6% below its estimated GF Value™ of 円569.36. GuruFocus considers Nippon Ski Resort Development Co to be Fairly Valued.

Key valuation signals for TSE:6040:

  • 3-Year RORE %: 8.85
  • GF Value™: 円569.36 vs. price of 円526.00 (7.6% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 95.6% above the Travel & Leisure median (#351 of 790)

No single metric tells the full story. See the TSE:6040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Ski Resort Development Co Business Description

Address 6329-1, Hokujo, Hakuba-mura Kitaazumi-gun, Nagano, JPN, 399-9301
Nippon Ski Resort Development Co Ltd engages in the management and operation of ski resorts, and relevant facilities and services. It also provides consulting and advisory services on ski resorts, including technical support, business support, rental business support, and other services.
80GF Score

Get the complete analysis for TSE:6040

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

円526.00
Price
円569.36
GF Value