Toyo CoTOYO -38.82%21 ROA % is 18.21% as of Dec. 2025, which is 86% above its 10-year median of 9.79. GuruFocus rates TOYO with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 1,028 Semiconductors companies, Toyo Co ranks better than 84.34% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Toyo Co's annualizedNet Income for the quarter that ended in Dec. 2025 was $72.4 Mil.
Toyo Co's average Total Assets over the quarter that ended in Dec. 2025 was $397.5 Mil. Therefore, Toyo Co's annualized ROA % for the quarter that ended in Dec. 2025 was 18.21%.
The historical rank and industry rank for Toyo Co's ROA % or its related term are showing as below:
TOYO'
s ROA % Range Over the Past 10 Years
Min: -1.71 Med: 9.79 Max: 16.99
Current: 11.5
During the past 4 years, Toyo Co's highest ROA % was 16.99%. The lowest was -1.71%. And the median was 9.79%.
TOYO's ROA % is ranked better than 84.34% of 1028
companies
in the Semiconductors industry
Industry Median: 2.43
vs TOYO: 11.50
Toyo Co (NAS:TOYO) 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 (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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 Co ROA % Related Terms
Toyo Co ROA % Historical Data
* Premium members only.
The historical data trend for Toyo 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 Solar subindustry, Toyo 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.
Toyo Co ROA % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Toyo Co's ROA % distribution charts can be found below:
* The bar in red indicates where Toyo 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 (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Toyo Co (TOYO) has a ROA % of 18.21% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Toyo Co and its competitors. This is 86% above median its historical median of 9.79. According to the industry distribution chart, Toyo Co ranks #161 out of 1028 companies in the Semiconductors industry, placing it in the top 15.7%.
Is Toyo Co's ROA % too high?
Toyo Co's current ROA % of 18.21% is 86% above median its 10-year median of 9.79. The Semiconductors industry median ROA % is 2.43. Toyo Co's value of 18.21% is 649.4% above this industry median. Based on the distribution chart, Toyo Co ranks #161 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Toyo Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Toyo Co's ROA % compare to TYGO and SPWR?
According to the Semiconductors industry distribution chart, Toyo Co ranks #161 out of 1028 companies for ROA %. This places Toyo Co in the top 16% of its industry — outperforming the majority of peers. The industry median ROA % is 2.43. Toyo Co's value of 18.21% is 649.4% above this benchmark. While the company's 10-year median is 9.79 vs. the industry median of 2.43, Toyo 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 Semiconductors company?
The median ROA % among Semiconductors companies is 2.43, based on 1,028 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 Co's current ROA % of 18.21% is 649.4% 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 Co and its competitors. For the Semiconductors industry, the median ROA % is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Co's current ROA % is 18.21%, which is 86% above median its own 10-year median of 9.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Co stock overvalued right now?
Toyo Co (TOYO) has a current ROA % of 18.21%. The current ROA % is 18.21%, which is 86% above median its 10-year median of 9.79 and 649.4% above the Semiconductors industry median of 2.43. Toyo Co's overall GF Score™ is 21/100 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 Toyo Co (TOYO), the current ROA % is 18.21% as of Dec. 2025. 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.
Toyo Co Ltd, along with its subsidiaries, is engaged in research and development, production, and sales of solar cells and solar modules and related businesses. The company operates across the solar value chain, including upstream wafer and silicon manufacturing, midstream solar cell production, and downstream photovoltaic (PV) module production. It generated revenues from sales of solar cells, solar modules and provision of facilitation services. Geographically, the company derived the majority of the revenue from the USA.
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