Toray IndustriesTRYIF 78 ROA % is 4.46% as of Mar. 2026, which is 71% above its 10-year median of 2.61. GuruFocus rates TRYIF with a GF Score™ of 78/100 and a GF Value™ of $5.78 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Toray Industries ranks better than 52.57% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Toray Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was $992 Mil.
Toray Industries's average Total Assets over the quarter that ended in Mar. 2026 was $22,228 Mil. Therefore, Toray Industries's annualized ROA % for the quarter that ended in Mar. 2026 was 4.46%.
The historical rank and industry rank for Toray Industries's ROA % or its related term are showing as below:
TRYIF'
s ROA % Range Over the Past 10 Years
Min: 0.66 Med: 2.61 Max: 4.25
Current: 2.35
During the past 13 years, Toray Industries's highest ROA % was 4.25%. The lowest was 0.66%. And the median was 2.61%.
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.
Toray Industries ROA % Related Terms
Toray Industries ROA % Historical Data
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The historical data trend for Toray Industries'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 Textile Manufacturing subindustry, Toray Industries'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.
Toray Industries ROA % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toray Industries's ROA % distribution charts can be found below:
* The bar in red indicates where Toray Industries'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.
Toray Industries (TRYIF) has a ROA % of 4.46% 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 Toray Industries and its competitors. This is 71% above median its historical median of 2.61. Over the past decade, Toray Industries' ROA % has ranged from 0.66 to 4.25. According to the industry distribution chart, Toray Industries ranks #507 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 47.4%.
Is Toray Industries' ROA % too high?
Toray Industries' current ROA % of 4.46% is 71% above median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 4.25. The Manufacturing - Apparel & Accessories industry median ROA % is 1.95. Toray Industries' value of 4.46% is 128.7% above this industry median. Based on the distribution chart, Toray Industries ranks #507 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Toray Industries has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toray Industries' ROA % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Toray Industries ranks #507 out of 1069 companies for ROA %. This puts Toray Industries in the upper half of its industry. The industry median ROA % is 1.95. Toray Industries' value of 4.46% is 128.7% above this benchmark. Historically, Toray Industries' own ROA % has ranged from 0.66 to 4.25 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 1.95, Toray Industries 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 1.95, based on 1,069 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. Toray Industries's current ROA % of 4.46% is 128.7% 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 Toray Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toray Industries's current ROA % is 4.46%, which is 71% above median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toray Industries stock overvalued right now?
Based on GuruFocus' analysis, Toray Industries (TRYIF) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.78, compared to a current price of $6.66 — trading 15.2% above its estimated fair value. The current ROA % is 4.46%, which is 71% above median its 10-year median of 2.61 and 128.7% above the Manufacturing - Apparel & Accessories industry median of 1.95. Toray Industries' overall GF Score™ is 78/100 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 Toray Industries (TRYIF), the current ROA % is 4.46% 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 Toray Industries (TRYIF) Overvalued in 2026?
Based on GuruFocus' analysis, Toray Industries stock appears to be overvalued.
The current stock price of $6.66 is trading 15.2% above its estimated GF Value™ of $5.78.
GuruFocus considers Toray Industries to be Modestly Overvalued.
Key valuation signals for TRYIF:
ROA %: 4.46% (71% above median its 10-year median of 2.61)
GF Value™: $5.78 vs. price of $6.66 (15.2% above fair value)
Industry Position: 128.7% above the Manufacturing - Apparel & Accessories median (#507 of 1069)
No single metric tells the full story. See the TRYIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toray Industries Inc is a Japan-based company engaged in the textile business, functional chemicals business, carbon fiber composite materials, and other businesses. The Carbon Fiber Composite Materials segment covers carbon fiber, composites, and molded products. The Environment and Engineering segment includes membranes for water treatment, general engineering, industrial machinery, housing, and construction materials. The Functional Chemicals segment handles resins, foams, films, fine chemicals, and electronic materials. The Life Science segment focuses on pharmaceuticals and medical devices. The Textile segment provides fibers, fabrics, non-woven and apparel products, while Others offers analysis, survey, and research services. It generates majority of revenue from the Textile segment.
78GF Score
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