VLC Holdings Co (NGO:2467) ROA %: -15.90% (As of Mar. 2026)


NGO:2467 VLC Holdings Co Ltd NGO:2467
51 GF Score
Price 円225.00
GF Value 円141.64
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is VLC Holdings Co ROA %?

VLC Holdings Co NGO:2467 -3.43% 51 ROA % is -15.90% as of Mar. 2026. GuruFocus rates NGO:2467 with a GF Score™ of 51/100 and a GF Value™ of 円141.64 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,883 Software companies, VLC Holdings Co ranks worse than 83.7% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. VLC Holdings Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円-243 Mil. VLC Holdings Co's average Total Assets over the quarter that ended in Mar. 2026 was 円1,531 Mil. Therefore, VLC Holdings Co's annualized ROA % for the quarter that ended in Mar. 2026 was -15.90%.

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

NGO:2467' s ROA % Range Over the Past 10 Years
Min: -91.17   Med: -13.63   Max: 49.12
Current: -26.48

During the past 13 years, VLC Holdings Co's highest ROA % was 49.12%. The lowest was -91.17%. And the median was -13.63%.

NGO:2467's ROA % is ranked worse than
83.7% of 2883 companies
in the Software industry
Industry Median: 1.68 vs NGO:2467: -26.48

VLC Holdings Co  (NGO:2467) 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
=-243.38/1530.5265
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-243.38 / 1507.628)*(1507.628 / 1530.5265)
=Net Margin %*Asset Turnover
=-16.14 %*0.985
=-15.90 %

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.


VLC Holdings Co ROA % Related Terms


VLC Holdings Co ROA % Historical Data

* Premium members only.

The historical data trend for VLC Holdings 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.

VLC Holdings Co ROA % Chart

VLC Holdings 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 4.62 6.43 -27.83 49.12 -30.81

VLC Holdings 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 -4.21 104.74 -15.38 -33.29 -15.90

NGO:2467 vs IBM, ACN, FISV: ROA % Comparison

For the Information Technology Services subindustry, VLC Holdings 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.


VLC Holdings Co ROA % vs Software Industry

For the Software industry and Technology sector, VLC Holdings Co's ROA % distribution charts can be found below:

* The bar in red indicates where VLC Holdings Co's ROA % falls into.


NGO:2467
51GF Score
VLC Holdings Co Ltd NGO:2467
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VLC Holdings Co ROA % Calculation

VLC Holdings 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 )
=-385.418/( (1305.131+1196.938)/ 2 )
=-385.418/1251.0345
=-30.81 %

VLC Holdings 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 )
=-243.38/( (1864.115+1196.938)/ 2 )
=-243.38/1530.5265
=-15.90 %

* 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 -15.90% mean?
VLC Holdings Co (NGO:2467) has a ROA % of -15.90% 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 VLC Holdings Co and its competitors. According to the industry distribution chart, VLC Holdings Co ranks #2413 out of 2883 companies in the Software industry, placing it in the top 83.7%.
Is VLC Holdings Co's ROA % too high?
VLC Holdings Co's current ROA % is -15.90%. Based on the distribution chart, VLC Holdings Co ranks #2413 out of 2883 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, VLC Holdings Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VLC Holdings Co's ROA % compare to IBM and ACN?
According to the Software industry distribution chart, VLC Holdings Co ranks #2413 out of 2883 companies for ROA %. This places VLC Holdings Co in the lower half of its industry. The industry median ROA % is 1.68. 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 Software company?
The median ROA % among Software companies is 1.68, based on 2,883 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. 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 VLC Holdings Co and its competitors. For the Software industry, the median ROA % is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VLC Holdings Co's current ROA % is -15.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VLC Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, VLC Holdings Co (NGO:2467) is currently considered Significantly Overvalued. The stock's GF Value™ is 円141.64, compared to a current price of 円225.00 — trading 58.9% above its estimated fair value. The current ROA % is -15.90%. VLC Holdings Co's overall GF Score™ is 51/100 with 5 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 VLC Holdings Co (NGO:2467), the current ROA % is -15.90% 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 VLC Holdings Co (NGO:2467) Overvalued in 2026?

Based on GuruFocus' analysis, VLC Holdings Co stock appears to be overvalued. The current stock price of 円225.00 is trading 58.9% above its estimated GF Value™ of 円141.64. GuruFocus considers VLC Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:2467:

  • ROA %: -15.90%
  • GF Value™: 円141.64 vs. price of 円225.00 (58.9% above fair value)
  • GF Score™: 51/100 with 5 warning signs

No single metric tells the full story. See the NGO:2467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VLC Holdings Co Business Description

Address No. 2, No. 2, Chuo-ku Nihombashi Bashoku-cho, Asahi Mutual Life Insurance Building, Chuo-ku, Tokyo, JPN, 103-0002
VLC Holdings Co Ltd provides consultancy services. It also offers compliance management, internet marketing research and other survey services. Its consulting business includes information security, marketing research through internet and sales promotion. It provides other services related to cybersecurity products.
51GF Score

Get the complete analysis for NGO:2467

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

円225.00
Price
円141.64
GF Value