Toyo Kanetsu KKFRA:TQ2 82 ROA % is 2.46% as of Mar. 2026, which is 35% below its 10-year median of 3.76. GuruFocus rates FRA:TQ2 with a GF Score™ of 82/100 and a GF Value™ of €12.24. The stock has 2 warning signs investors should review. Among 3,075 Industrial Products companies, Toyo Kanetsu KK ranks better than 55.09% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Toyo Kanetsu KK's annualizedNet Income for the quarter that ended in Mar. 2026 was €9.0 Mil.
Toyo Kanetsu KK's average Total Assets over the quarter that ended in Mar. 2026 was €366.9 Mil. Therefore, Toyo Kanetsu KK's annualized ROA % for the quarter that ended in Mar. 2026 was 2.46%.
The historical rank and industry rank for Toyo Kanetsu KK's ROA % or its related term are showing as below:
FRA:TQ2'
s ROA % Range Over the Past 10 Years
Min: 1.7 Med: 3.76 Max: 7.16
Current: 3.75
During the past 13 years, Toyo Kanetsu KK's highest ROA % was 7.16%. The lowest was 1.70%. And the median was 3.76%.
FRA:TQ2's ROA % is ranked better than 55.09% of 3075
companies
in the Industrial Products industry
Industry Median: 3.05
vs FRA:TQ2: 3.75
Toyo Kanetsu KK (FRA:TQ2) 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.
Toyo Kanetsu KK ROA % Related Terms
Toyo Kanetsu KK ROA % Historical Data
* Premium members only.
The historical data trend for Toyo Kanetsu KK'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 Specialty Industrial Machinery subindustry, Toyo Kanetsu KK'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.
Toyo Kanetsu KK ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Toyo Kanetsu KK's ROA % distribution charts can be found below:
* The bar in red indicates where Toyo Kanetsu KK'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.
Toyo Kanetsu KK (FRA:TQ2) has a ROA % of 2.46% 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 Toyo Kanetsu KK and its competitors. This is 35% below median its historical median of 3.76. Over the past decade, Toyo Kanetsu KK's ROA % has ranged from 1.70 to 7.16. According to the industry distribution chart, Toyo Kanetsu KK ranks #1381 out of 3075 companies in the Industrial Products industry, placing it in the top 44.9%.
Is Toyo Kanetsu KK's ROA % too high?
Toyo Kanetsu KK's current ROA % of 2.46% is 35% below median its 10-year median of 3.76. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 7.16. The Industrial Products industry median ROA % is 3.05. Toyo Kanetsu KK's value of 2.46% is 19.3% below this industry median. Based on the distribution chart, Toyo Kanetsu KK ranks #1381 out of 3075 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Toyo Kanetsu KK has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Toyo Kanetsu KK's ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Toyo Kanetsu KK ranks #1381 out of 3075 companies for ROA %. This puts Toyo Kanetsu KK in the upper half of its industry. The industry median ROA % is 3.05. Toyo Kanetsu KK's value of 2.46% is 19.3% below this benchmark. Historically, Toyo Kanetsu KK's own ROA % has ranged from 1.70 to 7.16 over the past decade. While the company's 10-year median is 3.76 vs. the industry median of 3.05, Toyo Kanetsu KK has consistently been below 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 an Industrial Products company?
The median ROA % among Industrial Products companies is 3.05, based on 3,075 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. Toyo Kanetsu KK's current ROA % of 2.46% is 19.3% below 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 Toyo Kanetsu KK and its competitors. For the Industrial Products industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Kanetsu KK's current ROA % is 2.46%, which is 35% below median its own 10-year median of 3.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Kanetsu KK stock overvalued right now?
Toyo Kanetsu KK (FRA:TQ2) has a current ROA % of 2.46%. The stock's GF Value™ is €12.24, compared to a current price of €12.80 — trading 4.6% above its estimated fair value. The current ROA % is 2.46%, which is 35% below median its 10-year median of 3.76 and 19.3% below the Industrial Products industry median of 3.05. Toyo Kanetsu KK's overall GF Score™ is 82/100 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 Toyo Kanetsu KK (FRA:TQ2), the current ROA % is 2.46% 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 Toyo Kanetsu KK (FRA:TQ2) Overvalued in 2026?
Based on GuruFocus' analysis, Toyo Kanetsu KK stock appears to be overvalued.
The current stock price of €12.80 is trading 4.6% above its estimated GF Value™ of €12.24.
Key valuation signals for FRA:TQ2:
ROA %: 2.46% (35% below median its 10-year median of 3.76)
GF Value™: €12.24 vs. price of €12.80 (4.6% above fair value)
Industry Position: 19.3% below the Industrial Products median (#1381 of 3075)
No single metric tells the full story. See the FRA:TQ2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toyo Kanetsu KK produces and sells industrial furnaces. It operates in two reportable segments which include Plant and machinery segment and Material handling system segment. Plant and machinery comprise of designing, manufacturing, installation of storage tanks for LNG (Liquefied natural gas), crude oil and other gases and liquids whereas Material handling system segment is engaged in the development, designing and installation of distribution system especially for sorting, picking and conveyance. The business activity of the group is operated by Japan, Southeast Asia, Oceania, and Internationally.
82GF Score
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