Monex GroupFRA:NNL +0.61%53 ROA % is 1.77% as of Dec. 2025, which is 254% above its 10-year median of 0.50. GuruFocus rates FRA:NNL with a GF Score™ of 53/100 and a GF Value™ of €4.30. The stock has 7 warning signs investors should review. Among 819 Capital Markets companies, Monex Group ranks worse than 50.31% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Monex Group's annualizedNet Income for the quarter that ended in Dec. 2025 was €75.9 Mil.
Monex Group's average Total Assets over the quarter that ended in Dec. 2025 was €4,281.2 Mil. Therefore, Monex Group's annualized ROA % for the quarter that ended in Dec. 2025 was 1.77%.
The historical rank and industry rank for Monex Group's ROA % or its related term are showing as below:
FRA:NNL'
s ROA % Range Over the Past 10 Years
Min: -0.69 Med: 0.5 Max: 2.76
Current: 1.48
During the past 13 years, Monex Group's highest ROA % was 2.76%. The lowest was -0.69%. And the median was 0.50%.
FRA:NNL's ROA % is ranked worse than 50.31% of 819
companies
in the Capital Markets industry
Industry Median: 1.5
vs FRA:NNL: 1.48
Monex Group (FRA:NNL) 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.
Monex Group ROA % Related Terms
Monex Group ROA % Historical Data
* Premium members only.
The historical data trend for Monex Group'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 Capital Markets subindustry, Monex Group'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.
Monex Group ROA % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Monex Group's ROA % distribution charts can be found below:
* The bar in red indicates where Monex Group'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.
Monex Group (FRA:NNL) has a ROA % of 1.77% 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 Monex Group and its competitors. This is 254% above median its historical median of 0.50. According to the industry distribution chart, Monex Group ranks #412 out of 819 companies in the Capital Markets industry, placing it in the top 50.3%.
Is Monex Group's ROA % too high?
Monex Group's current ROA % of 1.77% is 254% above median its 10-year median of 0.50. The Capital Markets industry median ROA % is 1.50. Monex Group's value of 1.77% is 18% above this industry median. Based on the distribution chart, Monex Group ranks #412 out of 819 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Monex Group has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Monex Group's ROA % compare to MS and GS?
According to the Capital Markets industry distribution chart, Monex Group ranks #412 out of 819 companies for ROA %. This places Monex Group in the lower half of its industry. The industry median ROA % is 1.50. Monex Group's value of 1.77% is 18% above this benchmark. While the company's 10-year median is 0.50 vs. the industry median of 1.50, Monex Group 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 Capital Markets company?
The median ROA % among Capital Markets companies is 1.50, based on 819 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. Monex Group's current ROA % of 1.77% is 18% 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 Monex Group and its competitors. For the Capital Markets industry, the median ROA % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monex Group's current ROA % is 1.77%, which is 254% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monex Group stock overvalued right now?
Monex Group (FRA:NNL) has a current ROA % of 1.77%. The stock's GF Value™ is €4.30, compared to a current price of €3.30 — trading 23.3% below its estimated fair value. The current ROA % is 1.77%, which is 254% above median its 10-year median of 0.50 and 18% above the Capital Markets industry median of 1.50. Monex Group's overall GF Score™ is 53/100 with 7 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 Monex Group (FRA:NNL), the current ROA % is 1.77% 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 Monex Group (FRA:NNL) Overvalued in 2026?
Based on GuruFocus' analysis, Monex Group stock appears to be undervalued.
The current stock price of €3.30 is trading 23.3% below its estimated GF Value™ of €4.30.
Key valuation signals for FRA:NNL:
ROA %: 1.77% (254% above median its 10-year median of 0.50)
GF Value™: €4.30 vs. price of €3.30 (23.3% below fair value)
Industry Position: 18% above the Capital Markets median (#412 of 819)
No single metric tells the full story. See the FRA:NNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Monex Group Inc is functional in the financial services domain of Japan. Its core business is that of securities trading. Operating in the capital markets industry, the company renders such services as online securities business, the foreign exchange (FX) trading business, as well as the provision of merger and acquisition (M&A) advisory services. Most of its revenue is in the form of brokerage derived from its capital market activities majorly in Japan and on a minor scale in the United States and China.
53GF Score
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