Brass (NGO:2424) ROA %: 2.18% (As of Jan. 2026) — 41% Below Median


NGO:2424 Brass Corp NGO:2424
62 GF Score
Price 円477.00
GF Value 円571.89
! 1 Warning Sign
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What is Brass ROA %?

Brass NGO:2424 62 ROA % is 2.18% as of Jan. 2026, which is 41% below its 10-year median of 3.72. GuruFocus rates NGO:2424 with a GF Score™ of 62/100 and a GF Value™ of 円571.89. The stock has 1 warning sign investors should review. Among 98 Personal Services companies, Brass ranks better than 50% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Brass's annualized Net Income for the quarter that ended in Jan. 2026 was 円257 Mil. Brass's average Total Assets over the quarter that ended in Jan. 2026 was 円11,820 Mil. Therefore, Brass's annualized ROA % for the quarter that ended in Jan. 2026 was 2.18%.

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

NGO:2424' s ROA % Range Over the Past 10 Years
Min: -10.38   Med: 3.72   Max: 6.32
Current: 2.65

During the past 11 years, Brass's highest ROA % was 6.32%. The lowest was -10.38%. And the median was 3.72%.

NGO:2424's ROA % is ranked better than
50% of 98 companies
in the Personal Services industry
Industry Median: 2.495 vs NGO:2424: 2.65

Brass  (NGO:2424) 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: Jan. 2026 )
=Net Income/Total Assets
=257.298/11819.671
=(Net Income / Revenue)*(Revenue / Total Assets)
=(257.298 / 13822.028)*(13822.028 / 11819.671)
=Net Margin %*Asset Turnover
=1.86 %*1.1694
=2.18 %

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


Brass ROA % Related Terms


Brass ROA % Historical Data

* Premium members only.

The historical data trend for Brass'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.

Brass ROA % Chart

Brass Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 6.27 6.31 2.51 3.71

Brass Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 4.37 0.77 4.31 3.16 2.18

NGO:2424 vs ROL, SCI, FTDR: ROA % Comparison

For the Personal Services subindustry, Brass'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.


Brass ROA % vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Brass's ROA % distribution charts can be found below:

* The bar in red indicates where Brass's ROA % falls into.


NGO:2424
62GF Score
Brass Corp NGO:2424
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brass ROA % Calculation

Brass's annualized ROA % for the fiscal year that ended in Jul. 2025 is calculated as:

ROA %=Net Income (A: Jul. 2025 )/( (Total Assets (A: Jul. 2024 )+Total Assets (A: Jul. 2025 ))/ count )
=412.428/( (10814.905+11411.573)/ 2 )
=412.428/11113.239
=3.71 %

Brass's annualized ROA % for the quarter that ended in Jan. 2026 is calculated as:

ROA %=Net Income (Q: Jan. 2026 )/( (Total Assets (Q: Jul. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=257.298/( (11411.573+12227.769)/ 2 )
=257.298/11819.671
=2.18 %

* 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 (Jan. 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 2.18% mean?
Brass (NGO:2424) has a ROA % of 2.18% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Brass and its competitors. This is 41% below median its historical median of 3.72. According to the industry distribution chart, Brass ranks #49 out of 98 companies in the Personal Services industry, placing it in the top 50%.
Is Brass' ROA % too high?
Brass' current ROA % of 2.18% is 41% below median its 10-year median of 3.72. The Personal Services industry median ROA % is 2.50. Brass' value of 2.18% is 12.6% below this industry median. Based on the distribution chart, Brass ranks #49 out of 98 companies in the Personal Services industry, which is above the industry midpoint. Overall, Brass has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Brass' ROA % compare to ROL and SCI?
According to the Personal Services industry distribution chart, Brass ranks #49 out of 98 companies for ROA %. This puts Brass in the upper half of its industry. The industry median ROA % is 2.50. Brass' value of 2.18% is 12.6% below this benchmark. While the company's 10-year median is 3.72 vs. the industry median of 2.50, Brass 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 a Personal Services company?
The median ROA % among Personal Services companies is 2.50, based on 98 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. Brass's current ROA % of 2.18% is 12.6% 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 Brass and its competitors. For the Personal Services industry, the median ROA % is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brass's current ROA % is 2.18%, which is 41% below median its own 10-year median of 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brass stock overvalued right now?
Brass (NGO:2424) has a current ROA % of 2.18%. The stock's GF Value™ is 円571.89, compared to a current price of 円477.00 — trading 16.6% below its estimated fair value. The current ROA % is 2.18%, which is 41% below median its 10-year median of 3.72 and 12.6% below the Personal Services industry median of 2.50. Brass' overall GF Score™ is 62/100 with 1 warning sign 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 Brass (NGO:2424), the current ROA % is 2.18% as of Jan. 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 Brass (NGO:2424) Overvalued in 2026?

Based on GuruFocus' analysis, Brass stock appears to be undervalued. The current stock price of 円477.00 is trading 16.6% below its estimated GF Value™ of 円571.89.

Key valuation signals for NGO:2424:

  • ROA %: 2.18% (41% below median its 10-year median of 3.72)
  • GF Value™: 円571.89 vs. price of 円477.00 (16.6% below fair value)
  • GF Score™: 62/100 with 1 warning sign
  • Industry Position: 12.6% below the Personal Services median (#49 of 98)

No single metric tells the full story. See the NGO:2424 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brass Business Description

Other Exchanges 2424:Japan
Address 2-34-1 Meieki, Yubinbango 451, Ecole Plaza Meieki Building, 4th floor, Nishi-ku, Aichi Prefecture, Nagoya, JPN, 451-0045
Brass Corp is engaged in house wedding business. It is focused on planning and management of wedding reception accompanying house wedding business, sales and rental of wedding costume. It also has a restaurant business.
62GF Score

Get the complete analysis for NGO:2424

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

円477.00
Price
円571.89
GF Value