IN Holdings Co (TSE:132A) ROA %: 2.05% (As of Apr. 2026) — 24% Above Median

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TSE:132A IN Holdings Co Ltd TSE:132A
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What is IN Holdings Co ROA %?

IN Holdings Co TSE:132A 12 ROA % is 2.05% as of Apr. 2026, which is 24% above its 10-year median of 1.65. GuruFocus rates TSE:132A with a GF Score™ of 12/100. The stock has 5 warning signs investors should review.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. IN Holdings Co's annualized Net Income for the quarter that ended in Apr. 2026 was 円193 Mil. IN Holdings Co's average Total Assets over the quarter that ended in Apr. 2026 was 円9,409 Mil. Therefore, IN Holdings Co's annualized ROA % for the quarter that ended in Apr. 2026 was 2.05%.

The historical rank and industry rank for IN Holdings Co's ROA % or its related term are showing as below:

TSE:132A' s ROA % Range Over the Past 10 Years
Min: 0.3   Med: 1.65   Max: 2.44
Current: 1.11

During the past 4 years, IN Holdings Co's highest ROA % was 2.44%. The lowest was 0.30%. And the median was 1.65%.

TSE:132A's ROA % is not ranked
in the Transportation industry.
Industry Median: 3.48 vs TSE:132A: 1.11

IN Holdings Co  (TSE:132A) 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 bank’s 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:

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=192.714/9408.626
=(Net Income / Revenue)*(Revenue / Total Assets)
=(192.714 / 10825.61)*(10825.61 / 9408.626)
=Net Margin %*Asset Turnover
=1.78 %*1.1506
=2.05 %

Note: The Net Income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 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.


IN Holdings Co ROA % Related Terms


IN Holdings Co ROA % Historical Data

* Premium members only.

The historical data trend for IN 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.

IN Holdings Co ROA % Chart

IN Holdings Co Annual Data
Trend Oct22 Oct23 Oct24 Oct25
ROA %
0.30 2.44 2.22 1.08

IN Holdings Co Semi-Annual Data
Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
ROA % Get a 7-Day Free Trial 3.18 1.38 2.25 0.07 2.05

TSE:132A vs : ROA % Comparison

For the Integrated Freight & Logistics subindustry, IN 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.


IN Holdings Co ROA % vs Transportation Industry

For the Transportation industry and Industrials sector, IN Holdings Co's ROA % distribution charts can be found below:

* The bar in red indicates where IN Holdings Co's ROA % falls into.


TSE:132A
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IN Holdings Co Ltd TSE:132A
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IN Holdings Co ROA % Calculation

IN Holdings Co's annualized ROA % for the fiscal year that ended in Oct. 2025 is calculated as:

ROA %=Net Income (A: Oct. 2025 )/( (Total Assets (A: Oct. 2024 )+Total Assets (A: Oct. 2025 ))/ count )
=91.057/( (7694.692+9153.139)/ 2 )
=91.057/8423.9155
=1.08 %

IN Holdings Co's annualized ROA % for the quarter that ended in Apr. 2026 is calculated as:

ROA %=Net Income (Q: Apr. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Apr. 2026 ))/ count )
=192.714/( (9153.139+9664.113)/ 2 )
=192.714/9408.626
=2.05 %

* 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 (Apr. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 2.05% mean?
IN Holdings Co (TSE:132A) has a ROA % of 2.05% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on IN Holdings Co and its competitors. This is 24% above median its historical median of 1.65. Over the past decade, IN Holdings Co's ROA % has ranged from 0.30 to 2.44.
Is IN Holdings Co's ROA % too high?
IN Holdings Co's current ROA % of 2.05% is 24% above median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 2.44. The Transportation industry median ROA % is 3.48. IN Holdings Co's value of 2.05% is 41.1% below this industry median. Overall, IN Holdings Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does IN Holdings Co's ROA % compare to ?
IN Holdings Co's ROA % of 2.05% can be compared against companies in the Transportation industry. The industry median ROA % is 3.48. IN Holdings Co's value of 2.05% is 41.1% below this benchmark. Historically, IN Holdings Co's own ROA % has ranged from 0.30 to 2.44 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 3.48, IN Holdings Co 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 Transportation company?
The median ROA % among Transportation companies is 3.48, based on 1,010 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. IN Holdings Co's current ROA % of 2.05% is 41.1% 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 IN Holdings Co and its competitors. For the Transportation industry, the median ROA % is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IN Holdings Co's current ROA % is 2.05%, which is 24% above median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IN Holdings Co stock overvalued right now?
IN Holdings Co (TSE:132A) has a current ROA % of 2.05%. The current ROA % is 2.05%, which is 24% above median its 10-year median of 1.65 and 41.1% below the Transportation industry median of 3.48. IN Holdings Co's overall GF Score™ is 12/100 with 5 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 IN Holdings Co (TSE:132A), the current ROA % is 2.05% as of Apr. 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.

IN Holdings Co Business Description

Comparable Companies
Address 656-1, Naoe, Chikujogun Yoshitomimachi, Fukuoka, JPN, 871-0831
IN Holdings Co Ltd is engaged in logistics business in Japan. It has wide range of operations, including general cargo business, as well as warehousing, packaging, vehicle transportation, and export.
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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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