Elecom CoELCMF 86 ROA % is 12.91% as of Mar. 2026, which is 19% above its 10-year median of 10.82. GuruFocus rates ELCMF with a GF Score™ of 86/100 and a GF Value™ of $11.52. The stock has 3 warning signs investors should review. Among 2,502 Hardware companies, Elecom Co ranks better than 96.28% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Elecom Co's annualizedNet Income for the quarter that ended in Mar. 2026 was $117.6 Mil.
Elecom Co's average Total Assets over the quarter that ended in Mar. 2026 was $911.4 Mil. Therefore, Elecom Co's annualized ROA % for the quarter that ended in Mar. 2026 was 12.91%.
The historical rank and industry rank for Elecom Co's ROA % or its related term are showing as below:
ELCMF'
s ROA % Range Over the Past 10 Years
Min: 7.48 Med: 10.82 Max: 16.13
Current: 16.13
During the past 13 years, Elecom Co's highest ROA % was 16.13%. The lowest was 7.48%. And the median was 10.82%.
ELCMF's ROA % is ranked better than 96.28% of 2502
companies
in the Hardware industry
Industry Median: 2.265
vs ELCMF: 16.13
Elecom Co (OTCPK:ELCMF) 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. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.
Elecom Co ROA % Related Terms
Elecom Co ROA % Historical Data
* Premium members only.
The historical data trend for Elecom Co's ROA % 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.
For the Computer Hardware subindustry, Elecom 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.
Elecom Co ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Elecom Co's ROA % distribution charts can be found below:
* The bar in red indicates where Elecom Co's ROA % falls into.
* 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. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Elecom Co (ELCMF) has a ROA % of 12.91% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Elecom Co and its competitors. This is 19% above median its historical median of 10.82. Over the past decade, Elecom Co's ROA % has ranged from 7.48 to 16.13. According to the industry distribution chart, Elecom Co ranks #93 out of 2502 companies in the Hardware industry, placing it in the top 3.7%.
Is Elecom Co's ROA % too high?
Elecom Co's current ROA % of 12.91% is 19% above median its 10-year median of 10.82. Over the past 10 years, this metric has ranged from a low of 7.48 to a high of 16.13. The Hardware industry median ROA % is 2.27. Elecom Co's value of 12.91% is 470% above this industry median. Based on the distribution chart, Elecom Co ranks #93 out of 2502 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Elecom Co has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Elecom Co's ROA % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Elecom Co ranks #93 out of 2502 companies for ROA %. This places Elecom Co in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 2.27. Elecom Co's value of 12.91% is 470% above this benchmark. Historically, Elecom Co's own ROA % has ranged from 7.48 to 16.13 over the past decade. While the company's 10-year median is 10.82 vs. the industry median of 2.27, Elecom Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Hardware company?
The median ROA % among Hardware companies is 2.27, based on 2,502 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elecom Co's current ROA % of 12.91% is 470% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Elecom Co and its competitors. For the Hardware industry, the median ROA % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elecom Co's current ROA % is 12.91%, which is 19% above median its own 10-year median of 10.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecom Co stock overvalued right now?
Elecom Co (ELCMF) has a current ROA % of 12.91%. The stock's GF Value™ is $11.52, compared to a current price of $10.15 — trading 11.9% below its estimated fair value. The current ROA % is 12.91%, which is 19% above median its 10-year median of 10.82 and 470% above the Hardware industry median of 2.27. Elecom Co's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Elecom Co (ELCMF), the current ROA % is 12.91% as of Mar. 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 Elecom Co (ELCMF) Overvalued in 2026?
Based on GuruFocus' analysis, Elecom Co stock appears to be undervalued.
The current stock price of $10.15 is trading 11.9% below its estimated GF Value™ of $11.52.
Key valuation signals for ELCMF:
ROA %: 12.91% (19% above median its 10-year median of 10.82)
GF Value™: $11.52 vs. price of $10.15 (11.9% below fair value)
Industry Position: 470% above the Hardware median (#93 of 2502)
No single metric tells the full story. See the ELCMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elecom Co Ltd is a Japan-based company which is engaged in the development, manufacture and sale of personal computer- and digital-equipment-related products through its subsidiaries. Its products portfolio includes personal computers, smartphones, televisions, digital photo frames, batteries, weight scales, digital cameras, digital video cameras, electronic dictionaries, speakers, game machines, light-emitting diode (LED) lighting devices, and others. The company also supplies peripherals, I/O devices, and PC accessories, such as mouse pads, mice and keyboards.
86GF Score
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