Onward Holdings CoOKASY 76 ROA % is 5.20% as of Feb. 2026, which is 168% above its 10-year median of 1.94. GuruFocus rates OKASY with a GF Score™ of 76/100 and a GF Value™ of $47.86. The stock has 2 warning signs investors should review. Among 1,070 Manufacturing - Apparel & Accessories companies, Onward Holdings Co ranks better than 76.36% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Onward Holdings Co's annualizedNet Income for the quarter that ended in Feb. 2026 was $63 Mil.
Onward Holdings Co's average Total Assets over the quarter that ended in Feb. 2026 was $1,220 Mil. Therefore, Onward Holdings Co's annualized ROA % for the quarter that ended in Feb. 2026 was 5.20%.
The historical rank and industry rank for Onward Holdings Co's ROA % or its related term are showing as below:
OKASY'
s ROA % Range Over the Past 10 Years
Min: -19.98 Med: 1.94 Max: 5.5
Current: 5.5
During the past 13 years, Onward Holdings Co's highest ROA % was 5.50%. The lowest was -19.98%. And the median was 1.94%.
Onward Holdings Co (OTCPK:OKASY) 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 four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 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.
Onward Holdings Co ROA % Related Terms
Onward Holdings Co ROA % Historical Data
* Premium members only.
The historical data trend for Onward 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.
For the Apparel Manufacturing subindustry, Onward 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.
Onward Holdings Co ROA % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Onward Holdings Co's ROA % distribution charts can be found below:
* The bar in red indicates where Onward Holdings 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 four times the quarterly (Feb. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Onward Holdings Co (OKASY) has a ROA % of 5.20% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Onward Holdings Co and its competitors. This is 168% above median its historical median of 1.94. According to the industry distribution chart, Onward Holdings Co ranks #253 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 23.6%.
Is Onward Holdings Co's ROA % too high?
Onward Holdings Co's current ROA % of 5.20% is 168% above median its 10-year median of 1.94. The Manufacturing - Apparel & Accessories industry median ROA % is 1.94. Onward Holdings Co's value of 5.20% is 168% above this industry median. Based on the distribution chart, Onward Holdings Co ranks #253 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Onward Holdings Co has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Onward Holdings Co's ROA % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Onward Holdings Co ranks #253 out of 1070 companies for ROA %. This places Onward Holdings Co in the top 24% of its industry — outperforming the majority of peers. The industry median ROA % is 1.94. Onward Holdings Co's value of 5.20% is 168% above this benchmark. While the company's 10-year median is 1.94 vs. the industry median of 1.94, Onward Holdings 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 Manufacturing - Apparel & Accessories company?
The median ROA % among Manufacturing - Apparel & Accessories companies is 1.94, based on 1,070 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. Onward Holdings Co's current ROA % of 5.20% is 168% 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 Onward Holdings Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onward Holdings Co's current ROA % is 5.20%, which is 168% above median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onward Holdings Co stock overvalued right now?
Onward Holdings Co (OKASY) has a current ROA % of 5.20%. The stock's GF Value™ is $47.86, compared to a current price of $50.00 — trading 4.5% above its estimated fair value. The current ROA % is 5.20%, which is 168% above median its 10-year median of 1.94 and 168% above the Manufacturing - Apparel & Accessories industry median of 1.94. Onward Holdings Co's overall GF Score™ is 76/100 with 2 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 Onward Holdings Co (OKASY), the current ROA % is 5.20% as of Feb. 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 Onward Holdings Co (OKASY) Overvalued in 2026?
Based on GuruFocus' analysis, Onward Holdings Co stock appears to be overvalued.
The current stock price of $50.00 is trading 4.5% above its estimated GF Value™ of $47.86.
Key valuation signals for OKASY:
ROA %: 5.20% (168% above median its 10-year median of 1.94)
GF Value™: $47.86 vs. price of $50.00 (4.5% above fair value)
Industry Position: 168% above the Manufacturing - Apparel & Accessories median (#253 of 1070)
No single metric tells the full story. See the OKASY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onward Holdings Co Ltd manufactures and sells clothing, shoes, uniforms, bags, and other items. Women's clothing sales account for the majority of Onward's apparel revenue. The company's core brands include Nijyusanku, Kumikyoku, ICB, Jiyuku, J.Press, and Gotairiku. More than three-fourths of Onward's sales are through department stores. Remaining sales are through other retailers, directly managed stores, and e-commerce. More than three-fourths of Onward's sales are in Japan, and the majority of the company's remaining sales are in Europe. The company manufactures its products mainly in China.
76GF Score
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