Toyo ElectricNGO:6655 -0.61%64 ROA % is 3.93% as of Mar. 2026, which is 96% above its 10-year median of 2.01. GuruFocus rates NGO:6655 with a GF Score™ of 64/100 and a GF Value™ of 円804.21 (Fairly Valued). The stock has 3 warning signs investors should review. Among 3,070 Industrial Products companies, Toyo Electric ranks worse than 54.33% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Toyo Electric's annualizedNet Income for the quarter that ended in Mar. 2026 was 円424 Mil.
Toyo Electric's average Total Assets over the quarter that ended in Mar. 2026 was 円10,784 Mil. Therefore, Toyo Electric's annualized ROA % for the quarter that ended in Mar. 2026 was 3.93%.
The historical rank and industry rank for Toyo Electric's ROA % or its related term are showing as below:
NGO:6655'
s ROA % Range Over the Past 10 Years
Min: -2.85 Med: 2.01 Max: 4.33
Current: 2.46
During the past 13 years, Toyo Electric's highest ROA % was 4.33%. The lowest was -2.85%. And the median was 2.01%.
NGO:6655's ROA % is ranked worse than 54.33% of 3070
companies
in the Industrial Products industry
Industry Median: 3.05
vs NGO:6655: 2.46
Toyo Electric (NGO:6655) 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.
Toyo Electric ROA % Related Terms
Toyo Electric ROA % Historical Data
* Premium members only.
The historical data trend for Toyo Electric'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.
For the Electrical Equipment & Parts subindustry, Toyo Electric'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.
Toyo Electric ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Toyo Electric's ROA % distribution charts can be found below:
* The bar in red indicates where Toyo Electric'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.
Toyo Electric (NGO:6655) has a ROA % of 3.93% 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 Toyo Electric and its competitors. This is 96% above median its historical median of 2.01. According to the industry distribution chart, Toyo Electric ranks #1668 out of 3070 companies in the Industrial Products industry, placing it in the top 54.3%.
Is Toyo Electric's ROA % too high?
Toyo Electric's current ROA % of 3.93% is 96% above median its 10-year median of 2.01. The Industrial Products industry median ROA % is 3.05. Toyo Electric's value of 3.93% is 28.9% above this industry median. Based on the distribution chart, Toyo Electric ranks #1668 out of 3070 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Toyo Electric has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Electric's ROA % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Toyo Electric ranks #1668 out of 3070 companies for ROA %. This places Toyo Electric in the lower half of its industry. The industry median ROA % is 3.05. Toyo Electric's value of 3.93% is 28.9% above this benchmark. While the company's 10-year median is 2.01 vs. the industry median of 3.05, Toyo Electric 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 3,070 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. Toyo Electric's current ROA % of 3.93% is 28.9% 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 Toyo Electric 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. Toyo Electric's current ROA % is 3.93%, which is 96% above median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Electric stock overvalued right now?
Based on GuruFocus' analysis, Toyo Electric (NGO:6655) is currently considered Fairly Valued. The stock's GF Value™ is 円804.21, compared to a current price of 円810.00 — trading 0.7% above its estimated fair value. The current ROA % is 3.93%, which is 96% above median its 10-year median of 2.01 and 28.9% above the Industrial Products industry median of 3.05. Toyo Electric's overall GF Score™ is 64/100 with 3 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 Toyo Electric (NGO:6655), the current ROA % is 3.93% 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 Toyo Electric (NGO:6655) Overvalued in 2026?
Based on GuruFocus' analysis, Toyo Electric stock appears to be overvalued.
The current stock price of 円810.00 is trading 0.7% above its estimated GF Value™ of 円804.21.
GuruFocus considers Toyo Electric to be Fairly Valued.
Key valuation signals for NGO:6655:
ROA %: 3.93% (96% above median its 10-year median of 2.01)
GF Value™: 円804.21 vs. price of 円810.00 (0.7% above fair value)
Industry Position: 28.9% above the Industrial Products median (#1668 of 3070)
No single metric tells the full story. See the NGO:6655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toyo Electric Corp is a Japan based company engaged in the manufacture and maintenance of switchboards and transformers. The company provides monitoring and control equipment, distribution boards, transformers, sensors, equipment for solutions, and manufactures and sells switchboards and elevator sensors, and the Company outsources the manufacturing of products and sells and purchases raw materials.
64GF Score
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