Cross Plus (NGO:3320) ROA %: 6.00% (As of Jan. 2026) — 144% Above Median


NGO:3320 Cross Plus Inc NGO:3320
61 GF Score
Price 円1,170.00
GF Value 円1,022.64
! 1 Warning Sign
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What is Cross Plus ROA %?

Cross Plus NGO:3320 61 ROA % is 6.00% as of Jan. 2026, which is 144% above its 10-year median of 2.46. GuruFocus rates NGO:3320 with a GF Score™ of 61/100 and a GF Value™ of 円1,022.64. The stock has 1 warning sign investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, Cross Plus ranks better than 79.57% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Cross Plus's annualized Net Income for the quarter that ended in Jan. 2026 was 円1,746 Mil. Cross Plus's average Total Assets over the quarter that ended in Jan. 2026 was 円29,121 Mil. Therefore, Cross Plus's annualized ROA % for the quarter that ended in Jan. 2026 was 6.00%.

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

NGO:3320' s ROA % Range Over the Past 10 Years
Min: -5.65   Med: 2.46   Max: 7.58
Current: 6.14

During the past 13 years, Cross Plus's highest ROA % was 7.58%. The lowest was -5.65%. And the median was 2.46%.

NGO:3320's ROA % is ranked better than
79.57% of 1067 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.88 vs NGO:3320: 6.14

Cross Plus  (NGO:3320) 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
=1746/29120.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1746 / 61270)*(61270 / 29120.5)
=Net Margin %*Asset Turnover
=2.85 %*2.104
=6.00 %

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.


Cross Plus ROA % Related Terms


Cross Plus ROA % Historical Data

* Premium members only.

The historical data trend for Cross Plus'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.

Cross Plus ROA % Chart

Cross Plus Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.65 1.73 7.58 4.60 6.14

Cross Plus 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 5.85 5.39 3.87 6.30 6.00

NGO:3320 vs RL, LEVI, VFC: ROA % Comparison

For the Apparel Manufacturing subindustry, Cross Plus'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.


Cross Plus ROA % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cross Plus's ROA % distribution charts can be found below:

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


NGO:3320
61GF Score
Cross Plus Inc NGO:3320
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cross Plus ROA % Calculation

Cross Plus's annualized ROA % for the fiscal year that ended in Jan. 2026 is calculated as:

ROA %=Net Income (A: Jan. 2026 )/( (Total Assets (A: Jan. 2025 )+Total Assets (A: Jan. 2026 ))/ count )
=1759/( (27658+29678)/ 2 )
=1759/28668
=6.14 %

Cross Plus'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 )
=1746/( (28563+29678)/ 2 )
=1746/29120.5
=6.00 %

* 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 6.00% mean?
Cross Plus (NGO:3320) has a ROA % of 6.00% 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 Cross Plus and its competitors. This is 144% above median its historical median of 2.46. According to the industry distribution chart, Cross Plus ranks #218 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 20.4%.
Is Cross Plus' ROA % too high?
Cross Plus' current ROA % of 6.00% is 144% above median its 10-year median of 2.46. The Manufacturing - Apparel & Accessories industry median ROA % is 1.88. Cross Plus' value of 6.00% is 219.1% above this industry median. Based on the distribution chart, Cross Plus ranks #218 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Cross Plus has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Cross Plus' ROA % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Cross Plus ranks #218 out of 1067 companies for ROA %. This places Cross Plus in the top 20% of its industry — outperforming the majority of peers. The industry median ROA % is 1.88. Cross Plus' value of 6.00% is 219.1% above this benchmark. While the company's 10-year median is 2.46 vs. the industry median of 1.88, Cross Plus 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 Manufacturing - Apparel & Accessories company?
The median ROA % among Manufacturing - Apparel & Accessories companies is 1.88, based on 1,067 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. Cross Plus's current ROA % of 6.00% is 219.1% 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 Cross Plus and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cross Plus's current ROA % is 6.00%, which is 144% above median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cross Plus stock overvalued right now?
Cross Plus (NGO:3320) has a current ROA % of 6.00%. The stock's GF Value™ is 円1,022.64, compared to a current price of 円1,170.00 — trading 14.4% above its estimated fair value. The current ROA % is 6.00%, which is 144% above median its 10-year median of 2.46 and 219.1% above the Manufacturing - Apparel & Accessories industry median of 1.88. Cross Plus' overall GF Score™ is 61/100 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 Cross Plus (NGO:3320), the current ROA % is 6.00% 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 Cross Plus (NGO:3320) Overvalued in 2026?

Based on GuruFocus' analysis, Cross Plus stock appears to be overvalued. The current stock price of 円1,170.00 is trading 14.4% above its estimated GF Value™ of 円1,022.64.

Key valuation signals for NGO:3320:

  • ROA %: 6.00% (144% above median its 10-year median of 2.46)
  • GF Value™: 円1,022.64 vs. price of 円1,170.00 (14.4% above fair value)
  • GF Score™: 61/100 with 1 warning sign
  • Industry Position: 219.1% above the Manufacturing - Apparel & Accessories median (#218 of 1067)

No single metric tells the full story. See the NGO:3320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cross Plus Business Description

Other Exchanges 3320:Japan
Address 3-9-13, Hananoki, Nishiku, Nagoya, JPN, 451-8560
Cross Plus Inc is an apparel manufacturing company based in Japan. It is engaged in the planning, manufacturing and selling of women's apparel, clothing accessories and operating SPA. The company primarily serves widespread business partners such as mass merchandising stores, speciality shop and department stores nationwide.
61GF Score

Get the complete analysis for NGO:3320

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

円1,170.00
Price
円1,022.64
GF Value