Shinwa Co (NGO:3447) ROA %: 5.30% (As of Mar. 2026) — 11% Below Median


NGO:3447 Shinwa Co Ltd NGO:3447
76 GF Score
Price 円886.00
GF Value 円1,053.64
! 4 Warning Signs
View Full Analysis

What is Shinwa Co ROA %?

Shinwa Co NGO:3447 76 ROA % is 5.30% as of Mar. 2026, which is 11% below its 10-year median of 5.96. GuruFocus rates NGO:3447 with a GF Score™ of 76/100 and a GF Value™ of 円1,053.64. The stock has 4 warning signs investors should review. Among 3,075 Industrial Products companies, Shinwa Co ranks better than 67.93% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shinwa Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円1,677 Mil. Shinwa Co's average Total Assets over the quarter that ended in Mar. 2026 was 円31,629 Mil. Therefore, Shinwa Co's annualized ROA % for the quarter that ended in Mar. 2026 was 5.30%.

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

NGO:3447' s ROA % Range Over the Past 10 Years
Min: 1.95   Med: 5.96   Max: 8.3
Current: 5.53

During the past 10 years, Shinwa Co's highest ROA % was 8.30%. The lowest was 1.95%. And the median was 5.96%.

NGO:3447's ROA % is ranked better than
67.93% of 3075 companies
in the Industrial Products industry
Industry Median: 3.05 vs NGO:3447: 5.53

Shinwa Co  (NGO:3447) 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
=1677.154/31628.5845
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1677.154 / 20471.772)*(20471.772 / 31628.5845)
=Net Margin %*Asset Turnover
=8.19 %*0.6473
=5.30 %

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.


Shinwa Co ROA % Related Terms


Shinwa Co ROA % Historical Data

* Premium members only.

The historical data trend for Shinwa 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.

Shinwa Co ROA % Chart

Shinwa 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 6.49 4.60 1.95 3.85 5.55

Shinwa Co Semi-Annual Data
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 0.67 4.39 3.09 5.75 5.30

NGO:3447 vs ATI, CRS, MLI: ROA % Comparison

For the Metal Fabrication subindustry, Shinwa 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.


Shinwa Co ROA % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shinwa Co's ROA % distribution charts can be found below:

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


NGO:3447
76GF Score
Shinwa Co Ltd NGO:3447
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinwa Co ROA % Calculation

Shinwa 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 )
=1718.316/( (29967.904+31984.489)/ 2 )
=1718.316/30976.1965
=5.55 %

Shinwa 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 )
=1677.154/( (31272.68+31984.489)/ 2 )
=1677.154/31628.5845
=5.30 %

* 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 5.30% mean?
Shinwa Co (NGO:3447) has a ROA % of 5.30% 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 Shinwa Co and its competitors. This is 11% below median its historical median of 5.96. Over the past decade, Shinwa Co's ROA % has ranged from 1.95 to 8.30. According to the industry distribution chart, Shinwa Co ranks #986 out of 3075 companies in the Industrial Products industry, placing it in the top 32.1%.
Is Shinwa Co's ROA % too high?
Shinwa Co's current ROA % of 5.30% is 11% below median its 10-year median of 5.96. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 8.30. The Industrial Products industry median ROA % is 3.05. Shinwa Co's value of 5.30% is 73.8% above this industry median. Based on the distribution chart, Shinwa Co ranks #986 out of 3075 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shinwa Co has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Shinwa Co's ROA % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Shinwa Co ranks #986 out of 3075 companies for ROA %. This puts Shinwa Co in the upper half of its industry. The industry median ROA % is 3.05. Shinwa Co's value of 5.30% is 73.8% above this benchmark. Historically, Shinwa Co's own ROA % has ranged from 1.95 to 8.30 over the past decade. While the company's 10-year median is 5.96 vs. the industry median of 3.05, Shinwa 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 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. Shinwa Co's current ROA % of 5.30% is 73.8% 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 Shinwa Co 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. Shinwa Co's current ROA % is 5.30%, which is 11% below median its own 10-year median of 5.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinwa Co stock overvalued right now?
Shinwa Co (NGO:3447) has a current ROA % of 5.30%. The stock's GF Value™ is 円1,053.64, compared to a current price of 円886.00 — trading 15.9% below its estimated fair value. The current ROA % is 5.30%, which is 11% below median its 10-year median of 5.96 and 73.8% above the Industrial Products industry median of 3.05. Shinwa Co's overall GF Score™ is 76/100 with 4 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 Shinwa Co (NGO:3447), the current ROA % is 5.30% 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 Shinwa Co (NGO:3447) Overvalued in 2026?

Based on GuruFocus' analysis, Shinwa Co stock appears to be undervalued. The current stock price of 円886.00 is trading 15.9% below its estimated GF Value™ of 円1,053.64.

Key valuation signals for NGO:3447:

  • ROA %: 5.30% (11% below median its 10-year median of 5.96)
  • GF Value™: 円1,053.64 vs. price of 円886.00 (15.9% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 73.8% above the Industrial Products median (#986 of 3075)

No single metric tells the full story. See the NGO:3447 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinwa Co Business Description

Other Exchanges 3447:Japan
Address 30-7 Hiratacho Bushigawa, Gifu Prefecture, Kaizu-shi, JPN, 503-0311
Shinwa Co Ltd is a Japan-based company offering temporary construction materials and distribution equipment. Products offered by the company include Shinwa catcher, Shinwa pallet, logistics equipment and other safety equipment such as preceding handrail safe hangers, baseboard safe angles, simple lift handling boxes.
76GF Score

Get the complete analysis for NGO:3447

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

円886.00
Price
円1,053.64
GF Value