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First Juken Co (TSE:8917) ROE % : 1.86% (As of Jan. 2024)


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What is First Juken Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. First Juken Co's annualized net income for the quarter that ended in Jan. 2024 was 円703 Mil. First Juken Co's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was 円37,778 Mil. Therefore, First Juken Co's annualized ROE % for the quarter that ended in Jan. 2024 was 1.86%.

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

TSE:8917' s ROE % Range Over the Past 10 Years
Min: 4.15   Med: 8.14   Max: 11.71
Current: 4.15

During the past 13 years, First Juken Co's highest ROE % was 11.71%. The lowest was 4.15%. And the median was 8.14%.

TSE:8917's ROE % is ranked worse than
70% of 100 companies
in the Homebuilding & Construction industry
Industry Median: 8.085 vs TSE:8917: 4.15

First Juken Co ROE % Historical Data

The historical data trend for First Juken 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.

* Premium members only.

First Juken Co ROE % Chart

First Juken Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.64 5.07 6.65 5.71 4.70

First Juken Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.08 6.08 3.66 5.03 1.86

Competitive Comparison of First Juken Co's ROE %

For the Residential Construction subindustry, First Juken 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.


First Juken Co's ROE % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, First Juken Co's ROE % distribution charts can be found below:

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



First Juken Co ROE % Calculation

First Juken Co's annualized ROE % for the fiscal year that ended in Oct. 2023 is calculated as

ROE %=Net Income (A: Oct. 2023 )/( (Total Stockholders Equity (A: Oct. 2022 )+Total Stockholders Equity (A: Oct. 2023 ))/ count )
=1751.598/( (36668.138+37841.248)/ 2 )
=1751.598/37254.693
=4.70 %

First Juken Co's annualized ROE % for the quarter that ended in Jan. 2024 is calculated as

ROE %=Net Income (Q: Jan. 2024 )/( (Total Stockholders Equity (Q: Oct. 2023 )+Total Stockholders Equity (Q: Jan. 2024 ))/ count )
=702.88/( (37841.248+37715.037)/ 2 )
=702.88/37778.1425
=1.86 %

* 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 (Jan. 2024) net income data. ROE % is displayed in the 30-year financial page.


First Juken Co  (TSE:8917) 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: Jan. 2024 )
=Net Income/Total Stockholders Equity
=702.88/37778.1425
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(702.88 / 29921.068)*(29921.068 / 52240.23)*(52240.23 / 37778.1425)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.35 %*0.5728*1.3828
=ROA %*Equity Multiplier
=1.35 %*1.3828
=1.86 %

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: Jan. 2024 )
=Net Income/Total Stockholders Equity
=702.88/37778.1425
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (702.88 / 1102.644) * (1102.644 / 1159.844) * (1159.844 / 29921.068) * (29921.068 / 52240.23) * (52240.23 / 37778.1425)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6374 * 0.9507 * 3.88 % * 0.5728 * 1.3828
=1.86 %

Note: The net income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) 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.


First Juken Co ROE % Related Terms

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First Juken Co (TSE:8917) Business Description

Traded in Other Exchanges
N/A
Address
5-6-9 Higashi-Namba-cho, Amazaki-shi, Hyogo, JPN, 600892
First Juken Co Ltd is a Japanese based company engaged in the development of residential housing and condominium buildings. Its detached housing business offers the wooden house with a traditional conventional construction method. Its residential condominium business offers house on sale and rental. It is also engaged insurance business that offers fire insurance and life insurance.

First Juken Co (TSE:8917) Headlines

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