Panasonic HoldingsFRA:MAT1 -5.20%60 ROA % is 2.52% as of Mar. 2026, which is 29% below its 10-year median of 3.56. GuruFocus rates FRA:MAT1 with a GF Score™ of 60/100 and a GF Value™ of €7.91 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 2,498 Hardware companies, Panasonic Holdings ranks worse than 52.68% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Panasonic Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was €1,401 Mil.
Panasonic Holdings's average Total Assets over the quarter that ended in Mar. 2026 was €55,515 Mil. Therefore, Panasonic Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 2.52%.
The historical rank and industry rank for Panasonic Holdings's ROA % or its related term are showing as below:
FRA:MAT1'
s ROA % Range Over the Past 10 Years
Min: 1.94 Med: 3.56 Max: 5.08
Current: 1.95
During the past 13 years, Panasonic Holdings's highest ROA % was 5.08%. The lowest was 1.94%. And the median was 3.56%.
FRA:MAT1's ROA % is ranked worse than 52.68% of 2498
companies
in the Hardware industry
Industry Median: 2.27
vs FRA:MAT1: 1.95
Panasonic Holdings (FRA:MAT1) 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.
Panasonic Holdings ROA % Related Terms
Panasonic Holdings ROA % Historical Data
* Premium members only.
The historical data trend for Panasonic Holdings'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 Consumer Electronics subindustry, Panasonic Holdings'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.
Panasonic Holdings ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Panasonic Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Panasonic Holdings'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.
Panasonic Holdings (FRA:MAT1) has a ROA % of 2.52% 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 Panasonic Holdings and its competitors. This is 29% below median its historical median of 3.56. Over the past decade, Panasonic Holdings' ROA % has ranged from 1.94 to 5.08. According to the industry distribution chart, Panasonic Holdings ranks #1316 out of 2498 companies in the Hardware industry, placing it in the top 52.7%.
Is Panasonic Holdings' ROA % too high?
Panasonic Holdings' current ROA % of 2.52% is 29% below median its 10-year median of 3.56. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 5.08. The Hardware industry median ROA % is 2.27. Panasonic Holdings' value of 2.52% is 11% above this industry median. Based on the distribution chart, Panasonic Holdings ranks #1316 out of 2498 companies in the Hardware industry, which is below the industry midpoint. Overall, Panasonic Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Panasonic Holdings' ROA % compare to AAPL?
According to the Hardware industry distribution chart, Panasonic Holdings ranks #1316 out of 2498 companies for ROA %. This places Panasonic Holdings in the lower half of its industry. The industry median ROA % is 2.27. Panasonic Holdings' value of 2.52% is 11% above this benchmark. Historically, Panasonic Holdings' own ROA % has ranged from 1.94 to 5.08 over the past decade. While the company's 10-year median is 3.56 vs. the industry median of 2.27, Panasonic Holdings 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 2,498 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. Panasonic Holdings's current ROA % of 2.52% is 11% 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 Panasonic Holdings 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. Panasonic Holdings's current ROA % is 2.52%, which is 29% below median its own 10-year median of 3.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panasonic Holdings stock overvalued right now?
Based on GuruFocus' analysis, Panasonic Holdings (FRA:MAT1) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.91, compared to a current price of €22.90 — trading 189.4% above its estimated fair value. The current ROA % is 2.52%, which is 29% below median its 10-year median of 3.56 and 11% above the Hardware industry median of 2.27. Panasonic Holdings' overall GF Score™ is 60/100 with 12 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 Panasonic Holdings (FRA:MAT1), the current ROA % is 2.52% 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 Panasonic Holdings (FRA:MAT1) Overvalued in 2026?
Based on GuruFocus' analysis, Panasonic Holdings stock appears to be overvalued.
The current stock price of €22.90 is trading 189.4% above its estimated GF Value™ of €7.91.
GuruFocus considers Panasonic Holdings to be Significantly Overvalued.
Key valuation signals for FRA:MAT1:
ROA %: 2.52% (29% below median its 10-year median of 3.56)
GF Value™: €7.91 vs. price of €22.90 (189.4% above fair value)
Industry Position: 11% above the Hardware median (#1316 of 2498)
No single metric tells the full story. See the FRA:MAT1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Panasonic Holdings Corp is engaged in the development, manufacture, and sale of a wide range of electronic and electrical products. The company operates through six segments. The Lifestyle segment provides home appliances such as refrigerators, air conditioners, and beauty and hair care devices. The Automotive segment offers in-vehicle infotainment systems, speaker systems, and advanced driver assistance systems. The Connect segment supplies communication systems, welding machines, and projectors. The Industry segment produces electronic components, motors, and factory automation equipment. The Energy segment develops and sells lithium-ion batteries, dry batteries, and small secondary batteries. The Others segment includes the sale of televisions, cameras, and building materials.
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