ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Chubu Steel Plate Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円1,668 Mil.
Chubu Steel Plate Co's average Total Assets over the quarter that ended in Mar. 2026 was 円84,248 Mil. Therefore, Chubu Steel Plate Co's annualized ROA % for the quarter that ended in Mar. 2026 was 1.98%.
The historical rank and industry rank for Chubu Steel Plate Co's ROA % or its related term are showing as below:
NGO:5461'
s ROA % Range Over the Past 10 Years
Min: 1.51 Med: 3.41 Max: 10.34
Current: 1.51
During the past 13 years, Chubu Steel Plate Co's highest ROA % was 10.34%. The lowest was 1.51%. And the median was 3.41%.
NGO:5461's ROA % is ranked worse than 52.9% of 637
companies
in the Steel industry
Industry Median: 1.92
vs NGO:5461: 1.51
Chubu Steel Plate Co (NGO:5461) 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 banks 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:
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.
* 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.
For the Steel subindustry, Chubu Steel Plate 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.
Chubu Steel Plate Co ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Chubu Steel Plate Co's ROA % distribution charts can be found below:
* The bar in red indicates where Chubu Steel Plate Co's ROA % falls into.
* 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.
Chubu Steel Plate Co (NGO:5461) has a ROA % of 1.98% 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 Chubu Steel Plate Co and its competitors. This is 42% below median its historical median of 3.41. Over the past decade, Chubu Steel Plate Co's ROA % has ranged from 1.51 to 10.34. According to the industry distribution chart, Chubu Steel Plate Co ranks #337 out of 637 companies in the Steel industry, placing it in the top 52.9%.
Is Chubu Steel Plate Co's ROA % too high?
Chubu Steel Plate Co's current ROA % of 1.98% is 42% below median its 10-year median of 3.41. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 10.34. The Steel industry median ROA % is 1.92. Chubu Steel Plate Co's value of 1.98% is 3.1% above this industry median. Based on the distribution chart, Chubu Steel Plate Co ranks #337 out of 637 companies in the Steel industry, which is below the industry midpoint. Overall, Chubu Steel Plate Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Chubu Steel Plate Co's ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Chubu Steel Plate Co ranks #337 out of 637 companies for ROA %. This places Chubu Steel Plate Co in the lower half of its industry. The industry median ROA % is 1.92. Chubu Steel Plate Co's value of 1.98% is 3.1% above this benchmark. Historically, Chubu Steel Plate Co's own ROA % has ranged from 1.51 to 10.34 over the past decade. While the company's 10-year median is 3.41 vs. the industry median of 1.92, Chubu Steel Plate 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 Steel company?
The median ROA % among Steel companies is 1.92, based on 637 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. Chubu Steel Plate Co's current ROA % of 1.98% is 3.1% 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 Chubu Steel Plate Co and its competitors. For the Steel industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chubu Steel Plate Co's current ROA % is 1.98%, which is 42% below median its own 10-year median of 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chubu Steel Plate Co stock overvalued right now?
Chubu Steel Plate Co (NGO:5461) has a current ROA % of 1.98%. The stock's GF Value™ is 円1,967.03, compared to a current price of 円2,082.00 — trading 5.8% above its estimated fair value. The current ROA % is 1.98%, which is 42% below median its 10-year median of 3.41 and 3.1% above the Steel industry median of 1.92. Chubu Steel Plate Co's overall GF Score™ is 75/100 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 Chubu Steel Plate Co (NGO:5461), the current ROA % is 1.98% 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 Chubu Steel Plate Co (NGO:5461) Overvalued in 2026?
Based on GuruFocus' analysis, Chubu Steel Plate Co stock appears to be overvalued.
The current stock price of 円2,082.00 is trading 5.8% above its estimated GF Value™ of 円1,967.03.
Key valuation signals for NGO:5461:
ROA %: 1.98% (42% below median its 10-year median of 3.41)
GF Value™: 円1,967.03 vs. price of 円2,082.00 (5.8% above fair value)
Industry Position: 3.1% above the Steel median (#337 of 637)
No single metric tells the full story. See the NGO:5461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chubu Steel Plate Co Ltd engages in the manufacture and sale of thick steel sheets and pieces, and the cutting of steel plates in Japan. The company's segment includes Steel-related business, Rental Business, Logistics business, and Engineering Business. The company generates the majority of its revenue from Steel-related business, which manufactures and sells thick steel plate products using electric furnaces.
75GF Score
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