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Sakata Seed (TSE:1377) ROA % : 4.70% (As of Feb. 2024)


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What is Sakata Seed ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sakata Seed's annualized Net Income for the quarter that ended in Feb. 2024 was 円8,320 Mil. Sakata Seed's average Total Assets over the quarter that ended in Feb. 2024 was 円176,905 Mil. Therefore, Sakata Seed's annualized ROA % for the quarter that ended in Feb. 2024 was 4.70%.

The historical rank and industry rank for Sakata Seed's ROA % or its related term are showing as below:

TSE:1377' s ROA % Range Over the Past 10 Years
Min: 2.88   Med: 5.19   Max: 8.74
Current: 4.93

During the past 13 years, Sakata Seed's highest ROA % was 8.74%. The lowest was 2.88%. And the median was 5.19%.

TSE:1377's ROA % is ranked better than
62.79% of 1900 companies
in the Consumer Packaged Goods industry
Industry Median: 2.98 vs TSE:1377: 4.93

Sakata Seed ROA % Historical Data

The historical data trend for Sakata Seed'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.

* Premium members only.

Sakata Seed ROA % Chart

Sakata Seed Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.64 4.95 5.95 8.74 6.16

Sakata Seed Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.74 7.54 4.74 2.94 4.70

Competitive Comparison of Sakata Seed's ROA %

For the Farm Products subindustry, Sakata Seed'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.


Sakata Seed's ROA % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sakata Seed's ROA % distribution charts can be found below:

* The bar in red indicates where Sakata Seed's ROA % falls into.



Sakata Seed ROA % Calculation

Sakata Seed's annualized ROA % for the fiscal year that ended in May. 2023 is calculated as:

ROA %=Net Income (A: May. 2023 )/( (Total Assets (A: May. 2022 )+Total Assets (A: May. 2023 ))/ count )
=9489/( (147423+160715)/ 2 )
=9489/154069
=6.16 %

Sakata Seed's annualized ROA % for the quarter that ended in Feb. 2024 is calculated as:

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=8320/( (174741+179068)/ 2 )
=8320/176904.5
=4.70 %

* 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. 2024) net income data. ROA % is displayed in the 30-year financial page.


Sakata Seed  (TSE:1377) 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: Feb. 2024 )
=Net Income/Total Assets
=8320/176904.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8320 / 75376)*(75376 / 176904.5)
=Net Margin %*Asset Turnover
=11.04 %*0.4261
=4.70 %

Note: The Net Income data used here is four times the quarterly (Feb. 2024) net income data. The Revenue data used here is four times the quarterly (Feb. 2024) 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.


Sakata Seed ROA % Related Terms

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Sakata Seed (TSE:1377) Business Description

Traded in Other Exchanges
N/A
Address
2-7-1 Nakamachidai, Tsuzuki-ku, Yokohama, Kanagawa, JPN, 224-0041
Sakata Seed Corporation produces and sells multiple flower and vegetable seeds and various gardening materials. The company has locations all over the globe and sells the seeds to distributors and other producers. Gardening materials may be sold through home improvement retailers, mail-order sales, and garden shops. Additionally, Sakata Seed provides miscellaneous activities, such as landscaping, temporary staffing, and other activities associated with cultivating land. It invests in research and development to monitor breeding and develop new seed varieties and has enhanced revenue by entering into contracts to construct greenhouse and agricultural facilities.

Sakata Seed (TSE:1377) Headlines

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