Tokura Construction Co (NGO:1892) ROA %: 5.42% (As of Mar. 2026) — 48% Above Median


NGO:1892 Tokura Construction Co Ltd NGO:1892
61 GF Score
Price 円7,900.00
GF Value 円4,867.83
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Tokura Construction Co ROA %?

Tokura Construction Co NGO:1892 +0.25% 61 ROA % is 5.42% as of Mar. 2026, which is 48% above its 10-year median of 3.67. GuruFocus rates NGO:1892 with a GF Score™ of 61/100 and a GF Value™ of 円4,867.83 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,779 Construction companies, Tokura Construction Co ranks better than 60.88% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tokura Construction Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円2,826 Mil. Tokura Construction Co's average Total Assets over the quarter that ended in Mar. 2026 was 円52,103 Mil. Therefore, Tokura Construction Co's annualized ROA % for the quarter that ended in Mar. 2026 was 5.42%.

The historical rank and industry rank for Tokura Construction Co's ROA % or its related term are showing as below:

NGO:1892' s ROA % Range Over the Past 10 Years
Min: 1.32   Med: 3.67   Max: 8.48
Current: 4.32

During the past 13 years, Tokura Construction Co's highest ROA % was 8.48%. The lowest was 1.32%. And the median was 3.67%.

NGO:1892's ROA % is ranked better than
60.88% of 1779 companies
in the Construction industry
Industry Median: 2.8 vs NGO:1892: 4.32

Tokura Construction Co  (NGO:1892) 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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2826/52103
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2826 / 72518)*(72518 / 52103)
=Net Margin %*Asset Turnover
=3.9 %*1.3918
=5.42 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Tokura Construction Co ROA % Related Terms


Tokura Construction Co ROA % Historical Data

* Premium members only.

The historical data trend for Tokura Construction 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.

Tokura Construction Co ROA % Chart

Tokura Construction Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.87 1.32 2.46 2.63 4.26

Tokura Construction Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.36 1.69 3.66 3.28 5.42

NGO:1892 vs PWR, FIX, EME: ROA % Comparison

For the Engineering & Construction subindustry, Tokura Construction 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.


Tokura Construction Co ROA % vs Construction Industry

For the Construction industry and Industrials sector, Tokura Construction Co's ROA % distribution charts can be found below:

* The bar in red indicates where Tokura Construction Co's ROA % falls into.


NGO:1892
61GF Score
Tokura Construction Co Ltd NGO:1892
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokura Construction Co ROA % Calculation

Tokura Construction Co's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=2265/( (53003+53271)/ 2 )
=2265/53137
=4.26 %

Tokura Construction Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2826/( (50935+53271)/ 2 )
=2826/52103
=5.42 %

* 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 two times the semi-annual (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 5.42% mean?
Tokura Construction Co (NGO:1892) has a ROA % of 5.42% 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 Tokura Construction Co and its competitors. This is 48% above median its historical median of 3.67. Over the past decade, Tokura Construction Co's ROA % has ranged from 1.32 to 8.48. According to the industry distribution chart, Tokura Construction Co ranks #696 out of 1779 companies in the Construction industry, placing it in the top 39.1%.
Is Tokura Construction Co's ROA % too high?
Tokura Construction Co's current ROA % of 5.42% is 48% above median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 8.48. The Construction industry median ROA % is 2.80. Tokura Construction Co's value of 5.42% is 93.6% above this industry median. Based on the distribution chart, Tokura Construction Co ranks #696 out of 1779 companies in the Construction industry, which is above the industry midpoint. Overall, Tokura Construction Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokura Construction Co's ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, Tokura Construction Co ranks #696 out of 1779 companies for ROA %. This puts Tokura Construction Co in the upper half of its industry. The industry median ROA % is 2.80. Tokura Construction Co's value of 5.42% is 93.6% above this benchmark. Historically, Tokura Construction Co's own ROA % has ranged from 1.32 to 8.48 over the past decade. While the company's 10-year median is 3.67 vs. the industry median of 2.80, Tokura Construction 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 2.80, based on 1,779 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. Tokura Construction Co's current ROA % of 5.42% is 93.6% 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 Tokura Construction Co and its competitors. For the Construction industry, the median ROA % is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokura Construction Co's current ROA % is 5.42%, which is 48% above median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokura Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Tokura Construction Co (NGO:1892) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,867.83, compared to a current price of 円7,900.00 — trading 62.3% above its estimated fair value. The current ROA % is 5.42%, which is 48% above median its 10-year median of 3.67 and 93.6% above the Construction industry median of 2.80. Tokura Construction Co's overall GF Score™ is 61/100 with 6 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 Tokura Construction Co (NGO:1892), the current ROA % is 5.42% 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 Tokura Construction Co (NGO:1892) Overvalued in 2026?

Based on GuruFocus' analysis, Tokura Construction Co stock appears to be overvalued. The current stock price of 円7,900.00 is trading 62.3% above its estimated GF Value™ of 円4,867.83. GuruFocus considers Tokura Construction Co to be Significantly Overvalued.

Key valuation signals for NGO:1892:

  • ROA %: 5.42% (48% above median its 10-year median of 3.67)
  • GF Value™: 円4,867.83 vs. price of 円7,900.00 (62.3% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 93.6% above the Construction median (#696 of 1779)

No single metric tells the full story. See the NGO:1892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokura Construction Co Business Description

Address 13-5, Nishiki 3-chome, Naka-ku, Nagoya, JPN, 460-8615
Tokura Construction Co Ltd is a Japan-based company engaged in the business of engineering and construction works. Its operations are carried out through the following business divisions: Construction, Civil Engineering, Real Estate, and Others. It generates the majority of its revenue from the Construction segment.
61GF Score

Get the complete analysis for NGO:1892

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円7,900.00
Price
円4,867.83
GF Value