ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Financial Partners Group Co's annualizedNet Income for the quarter that ended in Mar. 2024 was 円20,556 Mil.
Financial Partners Group Co's average Total Assets over the quarter that ended in Mar. 2024 was 円157,141 Mil. Therefore, Financial Partners Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was 13.08%.
The historical rank and industry rank for Financial Partners Group Co's ROA % or its related term are showing as below:
TSE:7148'
s ROA % Range Over the Past 10 Years
Min: 0.88 Med: 8.41 Max: 11.68
Current: 9.47
During the past 13 years, Financial Partners Group Co's highest ROA % was 11.68%. The lowest was 0.88%. And the median was 8.41%.
TSE:7148's ROA % is ranked better than 98.06% of 619
companies
in the Diversified Financial Services industry
Industry Median: -0.48
vs TSE:7148: 9.47
* 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.
Competitive Comparison of Financial Partners Group Co's ROA %
For the Financial Conglomerates subindustry, Financial Partners Group Co's ROA %, along with its competitors' market caps and ROA % 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.
Financial Partners Group Co's ROA % Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Financial Partners Group Co's ROA % distribution charts can be found below:
* The bar in red indicates where Financial Partners Group Co's ROA % falls into.
Financial Partners Group Co ROA % Calculation
Financial Partners Group Co's annualized ROA % for the fiscal year that ended in Sep. 2023 is calculated as:
* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2024) net income data.
ROA % is displayed in the 30-year financial page.
Financial Partners Group Co (TSE:7148) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.
* 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
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Financial Partners Group Co ROA % Related Terms
Thank you for viewing the detailed overview of Financial Partners Group Co's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Financial Partners Group Co (TSE:7148) Business Description
Financial Partners Group Co Ltd is a financial services company based in Japan. The company's core business is the tax leasing arrangement business, which provides integrated services covering the structuring, origination, equity placement, and administration of Japanese operating leases for large transport equipment such as marine containers, ships and aircraft. The company is also engaged in the insurance brokerage business, mergers and acquisition advisory business, private banking business, real estate-related business, securities business, asset management business, and the trust business.
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