Kowa CoFRA:49N 78 ROA % is 7.37% as of Feb. 2026, which is 11% below its 10-year median of 8.26. GuruFocus rates FRA:49N with a GF Score™ of 78/100 and a GF Value™ of €5.43. The stock has 2 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Kowa Co ranks better than 87.3% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kowa Co's annualizedNet Income for the quarter that ended in Feb. 2026 was €2.05 Mil.
Kowa Co's average Total Assets over the quarter that ended in Feb. 2026 was €27.86 Mil. Therefore, Kowa Co's annualized ROA % for the quarter that ended in Feb. 2026 was 7.37%.
The historical rank and industry rank for Kowa Co's ROA % or its related term are showing as below:
FRA:49N'
s ROA % Range Over the Past 10 Years
Min: -8.53 Med: 8.26 Max: 14.25
Current: 8.68
During the past 11 years, Kowa Co's highest ROA % was 14.25%. The lowest was -8.53%. And the median was 8.26%.
FRA:49N's ROA % is ranked better than 87.3% of 433
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.21
vs FRA:49N: 8.68
Kowa Co (FRA:49N) 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 two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 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.
Kowa Co ROA % Related Terms
Kowa Co ROA % Historical Data
* Premium members only.
The historical data trend for Kowa 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 Furnishings, Fixtures & Appliances subindustry, Kowa 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.
Kowa Co ROA % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kowa Co's ROA % distribution charts can be found below:
* The bar in red indicates where Kowa 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 two times the semi-annual (Feb. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Kowa Co (FRA:49N) has a ROA % of 7.37% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Kowa Co and its competitors. This is 11% below median its historical median of 8.26. According to the industry distribution chart, Kowa Co ranks #55 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 12.7%.
Is Kowa Co's ROA % too high?
Kowa Co's current ROA % of 7.37% is 11% below median its 10-year median of 8.26. The Furnishings, Fixtures & Appliances industry median ROA % is 2.21. Kowa Co's value of 7.37% is 233.5% above this industry median. Based on the distribution chart, Kowa Co ranks #55 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Kowa Co has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Kowa Co's ROA % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Kowa Co ranks #55 out of 433 companies for ROA %. This places Kowa Co in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 2.21. Kowa Co's value of 7.37% is 233.5% above this benchmark. While the company's 10-year median is 8.26 vs. the industry median of 2.21, Kowa 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 Furnishings, Fixtures & Appliances company?
The median ROA % among Furnishings, Fixtures & Appliances companies is 2.21, based on 433 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. Kowa Co's current ROA % of 7.37% is 233.5% 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 Kowa Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROA % is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kowa Co's current ROA % is 7.37%, which is 11% below median its own 10-year median of 8.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kowa Co stock overvalued right now?
Kowa Co (FRA:49N) has a current ROA % of 7.37%. The stock's GF Value™ is €5.43, compared to a current price of €4.10 — trading 24.5% below its estimated fair value. The current ROA % is 7.37%, which is 11% below median its 10-year median of 8.26 and 233.5% above the Furnishings, Fixtures & Appliances industry median of 2.21. Kowa Co's overall GF Score™ is 78/100 with 2 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 Kowa Co (FRA:49N), the current ROA % is 7.37% as of Feb. 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 Kowa Co (FRA:49N) Overvalued in 2026?
Based on GuruFocus' analysis, Kowa Co stock appears to be undervalued.
The current stock price of €4.10 is trading 24.5% below its estimated GF Value™ of €5.43.
Key valuation signals for FRA:49N:
ROA %: 7.37% (11% below median its 10-year median of 8.26)
GF Value™: €5.43 vs. price of €4.10 (24.5% below fair value)
Industry Position: 233.5% above the Furnishings, Fixtures & Appliances median (#55 of 433)
No single metric tells the full story. See the FRA:49N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kowa Co Ltd is a Japan-based company engaged in manufacture and sale of welfare equipment. The company is involved in the production and sales of welfare nursing care products including walking cars and walking aids or walk assistance carts, silver cars, handrails, walking canes, bath related products, toilet-related products and life-support products. It supplies its products mainly to chain stores, wholesale trading companies for welfare equipment, national welfare equipment lease companies, department stores, mail-order companies and others.
78GF Score
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