SBI HoldingsSBHGF -7.36%85 ROA % is 0.82% as of Mar. 2026, which is 20% below its 10-year median of 1.02. GuruFocus rates SBHGF with a GF Score™ of 85/100 and a GF Value™ of $16.73 (Fairly Valued). The stock has 7 warning signs investors should review. Among 565 Diversified Financial Services companies, SBI Holdings ranks better than 54.69% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. SBI Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $1,977 Mil.
SBI Holdings's average Total Assets over the quarter that ended in Mar. 2026 was $240,075 Mil. Therefore, SBI Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 0.82%.
The historical rank and industry rank for SBI Holdings's ROA % or its related term are showing as below:
SBHGF'
s ROA % Range Over the Past 10 Years
Min: 0.18 Med: 1.02 Max: 2.93
Current: 1.22
During the past 13 years, SBI Holdings's highest ROA % was 2.93%. The lowest was 0.18%. And the median was 1.02%.
SBHGF's ROA % is ranked better than 54.69% of 565
companies
in the Diversified Financial Services industry
Industry Median: 0.9
vs SBHGF: 1.22
SBI Holdings (OTCPK:SBHGF) 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 (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.
SBI Holdings ROA % Related Terms
SBI Holdings ROA % Historical Data
* Premium members only.
The historical data trend for SBI Holdings'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 Financial Conglomerates subindustry, SBI Holdings'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.
SBI Holdings ROA % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, SBI Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where SBI Holdings'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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
SBI Holdings (SBHGF) has a ROA % of 0.82% 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 SBI Holdings and its competitors. This is 20% below median its historical median of 1.02. Over the past decade, SBI Holdings' ROA % has ranged from 0.18 to 2.93. According to the industry distribution chart, SBI Holdings ranks #256 out of 565 companies in the Diversified Financial Services industry, placing it in the top 45.3%.
Is SBI Holdings' ROA % too high?
SBI Holdings' current ROA % of 0.82% is 20% below median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 2.93. The Diversified Financial Services industry median ROA % is 0.90. SBI Holdings' value of 0.82% is 8.9% below this industry median. Based on the distribution chart, SBI Holdings ranks #256 out of 565 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, SBI Holdings has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SBI Holdings' ROA % compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, SBI Holdings ranks #256 out of 565 companies for ROA %. This puts SBI Holdings in the upper half of its industry. The industry median ROA % is 0.90. SBI Holdings' value of 0.82% is 8.9% below this benchmark. Historically, SBI Holdings' own ROA % has ranged from 0.18 to 2.93 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 0.90, SBI Holdings has consistently been below 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 Diversified Financial Services company?
The median ROA % among Diversified Financial Services companies is 0.90, based on 565 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. SBI Holdings's current ROA % of 0.82% is 8.9% below 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 SBI Holdings and its competitors. For the Diversified Financial Services industry, the median ROA % is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBI Holdings's current ROA % is 0.82%, which is 20% below median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBI Holdings stock overvalued right now?
Based on GuruFocus' analysis, SBI Holdings (SBHGF) is currently considered Fairly Valued. The stock's GF Value™ is $16.73, compared to a current price of $16.41 — trading 1.9% below its estimated fair value. The current ROA % is 0.82%, which is 20% below median its 10-year median of 1.02 and 8.9% below the Diversified Financial Services industry median of 0.90. SBI Holdings' overall GF Score™ is 85/100 with 7 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 SBI Holdings (SBHGF), the current ROA % is 0.82% 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 SBI Holdings (SBHGF) Overvalued in 2026?
Based on GuruFocus' analysis, SBI Holdings stock appears to be undervalued.
The current stock price of $16.41 is trading 1.9% below its estimated GF Value™ of $16.73.
GuruFocus considers SBI Holdings to be Fairly Valued.
Key valuation signals for SBHGF:
ROA %: 0.82% (20% below median its 10-year median of 1.02)
GF Value™: $16.73 vs. price of $16.41 (1.9% below fair value)
Industry Position: 8.9% below the Diversified Financial Services median (#256 of 565)
No single metric tells the full story. See the SBHGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBI Holdings Inc is a financial conglomerate that offers a variety of services in securities, banking, and insurance. The company operates through five segments. The Asset Management segment provides investment management, advice, and financial product information. The Crypto Asset segment offers crypto exchange and trading services. The Financial Services segment covers securities, banking, and insurance activities in Japan and abroad. The Investment segment invests in IT, fintech, blockchain, finance, and biotech ventures. The Next Generation Business develops and sells pharmaceuticals, health foods, and cosmetics, conducts R&D in cancer and immunology, offers digital medical solutions, and engages in medical finance. It generates majority of its revenue from Financial services segment.
85GF Score
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