Micronics Japan CoFRA:MJ3 -4.71%85 ROA % is 20.94% as of Dec. 2025, which is 193% above its 10-year median of 7.14. GuruFocus rates FRA:MJ3 with a GF Score™ of 85/100 and a GF Value™ of €36.77 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,028 Semiconductors companies, Micronics Japan Co ranks better than 91.15% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Micronics Japan Co's annualizedNet Income for the quarter that ended in Dec. 2025 was €109.1 Mil.
Micronics Japan Co's average Total Assets over the quarter that ended in Dec. 2025 was €520.9 Mil. Therefore, Micronics Japan Co's annualized ROA % for the quarter that ended in Dec. 2025 was 20.94%.
The historical rank and industry rank for Micronics Japan Co's ROA % or its related term are showing as below:
FRA:MJ3'
s ROA % Range Over the Past 10 Years
Min: 1.38 Med: 7.14 Max: 18.8
Current: 15.99
During the past 13 years, Micronics Japan Co's highest ROA % was 18.80%. The lowest was 1.38%. And the median was 7.14%.
FRA:MJ3's ROA % is ranked better than 91.15% of 1028
companies
in the Semiconductors industry
Industry Median: 2.45
vs FRA:MJ3: 15.99
Micronics Japan Co (FRA:MJ3) 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 (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.
Micronics Japan Co ROA % Related Terms
Micronics Japan Co ROA % Historical Data
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The historical data trend for Micronics Japan 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 Semiconductor Equipment & Materials subindustry, Micronics Japan 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.
Micronics Japan Co ROA % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Micronics Japan Co's ROA % distribution charts can be found below:
* The bar in red indicates where Micronics Japan 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 (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Micronics Japan Co (FRA:MJ3) has a ROA % of 20.94% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Micronics Japan Co and its competitors. This is 193% above median its historical median of 7.14. Over the past decade, Micronics Japan Co's ROA % has ranged from 1.38 to 18.80. According to the industry distribution chart, Micronics Japan Co ranks #91 out of 1028 companies in the Semiconductors industry, placing it in the top 8.9%.
Is Micronics Japan Co's ROA % too high?
Micronics Japan Co's current ROA % of 20.94% is 193% above median its 10-year median of 7.14. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 18.80. The Semiconductors industry median ROA % is 2.45. Micronics Japan Co's value of 20.94% is 754.7% above this industry median. Based on the distribution chart, Micronics Japan Co ranks #91 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Micronics Japan Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micronics Japan Co's ROA % compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Micronics Japan Co ranks #91 out of 1028 companies for ROA %. This places Micronics Japan Co in the top 9% of its industry — outperforming the majority of peers. The industry median ROA % is 2.45. Micronics Japan Co's value of 20.94% is 754.7% above this benchmark. Historically, Micronics Japan Co's own ROA % has ranged from 1.38 to 18.80 over the past decade. While the company's 10-year median is 7.14 vs. the industry median of 2.45, Micronics Japan 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 Semiconductors company?
The median ROA % among Semiconductors companies is 2.45, based on 1,028 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. Micronics Japan Co's current ROA % of 20.94% is 754.7% 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 Micronics Japan Co and its competitors. For the Semiconductors industry, the median ROA % is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micronics Japan Co's current ROA % is 20.94%, which is 193% above median its own 10-year median of 7.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micronics Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Micronics Japan Co (FRA:MJ3) is currently considered Significantly Overvalued. The stock's GF Value™ is €36.77, compared to a current price of €91.00 — trading 147.5% above its estimated fair value. The current ROA % is 20.94%, which is 193% above median its 10-year median of 7.14 and 754.7% above the Semiconductors industry median of 2.45. Micronics Japan Co's overall GF Score™ is 85/100 with 5 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 Micronics Japan Co (FRA:MJ3), the current ROA % is 20.94% as of Dec. 2025. 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 Micronics Japan Co (FRA:MJ3) Overvalued in 2026?
Based on GuruFocus' analysis, Micronics Japan Co stock appears to be overvalued.
The current stock price of €91.00 is trading 147.5% above its estimated GF Value™ of €36.77.
GuruFocus considers Micronics Japan Co to be Significantly Overvalued.
Key valuation signals for FRA:MJ3:
ROA %: 20.94% (193% above median its 10-year median of 7.14)
GF Value™: €36.77 vs. price of €91.00 (147.5% above fair value)
Industry Position: 754.7% above the Semiconductors median (#91 of 1028)
No single metric tells the full story. See the FRA:MJ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Micronics Japan Co Ltd is a Japanese company which is engaged in manufacturing of semiconductor and related products. It mainly produces probe cards for testing the electrical properties of wafers, testing equipment and test sockets for property testing after packaging, and a wafer prober, which is used for evaluation and analysis of devices. The company also offers products such as array probers, which are used for testing the electrical properties of flat panel displays (FDP), automated optical inspection equipment used for the display inspection of panels, and probe units that send electrical signals to test panels. Its product portfolio includes probe cards, package probe, semiconductor test equipment, automated optical inspection equipment, probe units, and FDP prober products.
85GF Score
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