2388.T
Price:
$65
Market Cap:
$2.76B
Wedge Holdings CO.,LTD., together with its subsidiaries, engages in the finance and content businesses in Japan and South-East Asia. The company offers financing services for the purchase of motorcycles. It also engages in the publication editing activities; planning and development of card games; and production and distribution of company owned contents and music labels. The company was incorporated in 2001 and is headquartered in Tokyo, Japan. Wedge Holdings CO.,LTD. operates as a subsidiary of Showa Holdings Co., Ltd.
Industry
Conglomerates
IPO Date
2004-01-29
Stock Exchange
JPX
Ticker
2388.T
According to Wedge Holdings CO.,LTD.’s latest financial reports and current stock price. The company's current ROE is -10.87%. This represents a change of 282.39% compared to the average of -2.84% of the last 4 quarters.
The mean historical ROE of Wedge Holdings CO.,LTD. over the last ten years is -19.87%. The current -10.87% ROE has changed -45.32% with respect to the historical average. Over the past ten years (40 quarters), 2388.T's ROE was at its highest in in the September 2022 quarter at 8.84%. The ROE was at its lowest in in the December 2023 quarter at -22.39%.
Average
-19.87%
Median
-23.04%
Minimum
-36.36%
Maximum
1.90%
Discovering the peaks and valleys of Wedge Holdings CO.,LTD. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 512.85%
Maximum Annual ROE = 1.90%
Minimum Annual Increase = -897.31%
Minimum Annual ROE = -36.36%
| Year | ROE | Change |
|---|---|---|
| 2024 | -30.93% | 104.07% |
| 2023 | -15.16% | -897.31% |
| 2022 | 1.90% | -105.80% |
| 2021 | -32.76% | -9.91% |
| 2020 | -36.36% | 512.85% |
The current ROE of Wedge Holdings CO.,LTD. (2388.T) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-14.73%
5-year avg
-22.66%
10-year avg
-19.87%
Wedge Holdings CO.,LTD.’s ROE is greater than Shingakukai Holdings Co.,Ltd. (-10.38%), less than Orvis Corporation (8.01%), greater than Linkers Corporation (-40.21%), less than Kyodo Paper Holdings (1.31%), less than The Nihon Seima Co.,Ltd. (3.45%), less than JSH Co Ltd (3.72%), greater than YKT Corporation (-2.10%), less than Howtelevision, Inc. (17.32%), less than Pulstec Industrial Co., Ltd. (9.19%), less than Asmarq Co., Ltd. (14.34%),
| Company | ROE | Market cap |
|---|---|---|
| -10.38% | $2.95B | |
| 8.01% | $2.95B | |
| -40.21% | $2.35B | |
| 1.31% | $3.06B | |
| 3.45% | $3.13B | |
| 3.72% | $2.34B | |
| -2.10% | $2.83B | |
| 17.32% | $3.07B | |
| 9.19% | $2.93B | |
| 14.34% | $2.66B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Wedge Holdings CO.,LTD. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Wedge Holdings CO.,LTD. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Wedge Holdings CO.,LTD.'s ROE?
How is the ROE calculated for Wedge Holdings CO.,LTD. (2388.T)?
What is the highest ROE for Wedge Holdings CO.,LTD. (2388.T)?
What is the 3-year average ROE for Wedge Holdings CO.,LTD. (2388.T)?
What is the 5-year average ROE for Wedge Holdings CO.,LTD. (2388.T)?
How does the current ROE for Wedge Holdings CO.,LTD. (2388.T) compare to its historical average?