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Nippon Aqua CoFRA:N3A +0.51%73 ROA % is 11.34% as of Dec. 2025, which is 42% above its 10-year median of 7.96. GuruFocus rates FRA:N3A with a GF Score™ of 73/100 and a GF Value™ of €5.70. Among 1,783 Construction companies, Nippon Aqua Co ranks better than 81.32% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nippon Aqua Co's annualizedNet Income for the quarter that ended in Dec. 2025 was €15.5 Mil.
Nippon Aqua Co's average Total Assets over the quarter that ended in Dec. 2025 was €137.1 Mil. Therefore, Nippon Aqua Co's annualized ROA % for the quarter that ended in Dec. 2025 was 11.34%.
The historical rank and industry rank for Nippon Aqua Co's ROA % or its related term are showing as below:
FRA:N3A'
s ROA % Range Over the Past 10 Years
Min: 3.6 Med: 7.96 Max: 9.46
Current: 7.93
During the past 13 years, Nippon Aqua Co's highest ROA % was 9.46%. The lowest was 3.60%. And the median was 7.96%.
FRA:N3A's ROA % is ranked better than 81.32% of 1783
companies
in the Construction industry
Industry Median: 2.87
vs FRA:N3A: 7.93
Nippon Aqua Co (FRA:N3A) 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.
Nippon Aqua Co ROA % Related Terms
Nippon Aqua Co ROA % Historical Data
* Premium members only.
The historical data trend for Nippon Aqua 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 Engineering & Construction subindustry, Nippon Aqua 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.
Nippon Aqua Co ROA % vs Construction Industry
For the Construction industry and Industrials sector, Nippon Aqua Co's ROA % distribution charts can be found below:
* The bar in red indicates where Nippon Aqua 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.
Nippon Aqua Co (FRA:N3A) has a ROA % of 11.34% 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 Nippon Aqua Co and its competitors. This is 42% above median its historical median of 7.96. Over the past decade, Nippon Aqua Co's ROA % has ranged from 3.60 to 9.46. According to the industry distribution chart, Nippon Aqua Co ranks #333 out of 1783 companies in the Construction industry, placing it in the top 18.7%.
Is Nippon Aqua Co's ROA % too high?
Nippon Aqua Co's current ROA % of 11.34% is 42% above median its 10-year median of 7.96. Over the past 10 years, this metric has ranged from a low of 3.60 to a high of 9.46. The Construction industry median ROA % is 2.87. Nippon Aqua Co's value of 11.34% is 295.1% above this industry median. Based on the distribution chart, Nippon Aqua Co ranks #333 out of 1783 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Aqua Co has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Aqua Co's ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, Nippon Aqua Co ranks #333 out of 1783 companies for ROA %. This places Nippon Aqua Co in the top 19% of its industry — outperforming the majority of peers. The industry median ROA % is 2.87. Nippon Aqua Co's value of 11.34% is 295.1% above this benchmark. Historically, Nippon Aqua Co's own ROA % has ranged from 3.60 to 9.46 over the past decade. While the company's 10-year median is 7.96 vs. the industry median of 2.87, Nippon Aqua 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 Construction company?
The median ROA % among Construction companies is 2.87, based on 1,783 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. Nippon Aqua Co's current ROA % of 11.34% is 295.1% 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 Nippon Aqua Co and its competitors. For the Construction industry, the median ROA % is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Aqua Co's current ROA % is 11.34%, which is 42% above median its own 10-year median of 7.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Aqua Co stock overvalued right now?
Nippon Aqua Co (FRA:N3A) has a current ROA % of 11.34%. The stock's GF Value™ is €5.70, compared to a current price of €3.96 — trading 30.5% below its estimated fair value. The current ROA % is 11.34%, which is 42% above median its 10-year median of 7.96 and 295.1% above the Construction industry median of 2.87. Nippon Aqua Co's overall GF Score™ is 73/100. 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 Nippon Aqua Co (FRA:N3A), the current ROA % is 11.34% 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 Nippon Aqua Co (FRA:N3A) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Aqua Co stock appears to be undervalued.
The current stock price of €3.96 is trading 30.5% below its estimated GF Value™ of €5.70.
Key valuation signals for FRA:N3A:
ROA %: 11.34% (42% above median its 10-year median of 7.96)
GF Value™: €5.70 vs. price of €3.96 (30.5% below fair value)
Industry Position: 295.1% above the Construction median (#333 of 1783)
No single metric tells the full story. See the FRA:N3A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Aqua Co Ltd is engaged in the development, sales, and installation of rigid polyurethane foam (Note) and waterproofing materials (polyurea). The company also provides a comprehensive service from the procurement, manufacturing, and sales of raw materials according to its specifications, to insulation design, sales of related materials such as heat-shielding materials, and on-site installation. Its business consists of a single business: thermal insulation construction and related services.
73GF Score
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