Kyowanissei Co (TSE:1981) ROA %: 4.86% (As of Mar. 2026) — 24% Above Median


TSE:1981 Kyowanissei Co Ltd TSE:1981
62 GF Score
Price 円1,308.00
GF Value 円1,645.78
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Kyowanissei Co ROA %?

Kyowanissei Co TSE:1981 -0.15% 62 ROA % is 4.86% as of Mar. 2026, which is 24% above its 10-year median of 3.92. GuruFocus rates TSE:1981 with a GF Score™ of 62/100 and a GF Value™ of 円1,645.78 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,777 Construction companies, Kyowanissei Co ranks better than 60.27% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kyowanissei Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円1,398 Mil. Kyowanissei Co's average Total Assets over the quarter that ended in Mar. 2026 was 円28,744 Mil. Therefore, Kyowanissei Co's annualized ROA % for the quarter that ended in Mar. 2026 was 4.86%.

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

TSE:1981' s ROA % Range Over the Past 10 Years
Min: 2.96   Med: 3.92   Max: 6.9
Current: 4.18

During the past 13 years, Kyowanissei Co's highest ROA % was 6.90%. The lowest was 2.96%. And the median was 3.92%.

TSE:1981's ROA % is ranked better than
60.27% of 1777 companies
in the Construction industry
Industry Median: 2.79 vs TSE:1981: 4.18

Kyowanissei Co  (TSE:1981) 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: Mar. 2026 )
=Net Income/Total Assets
=1398.348/28744.488
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1398.348 / 41230.56)*(41230.56 / 28744.488)
=Net Margin %*Asset Turnover
=3.39 %*1.4344
=4.86 %

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


Kyowanissei Co ROA % Related Terms


Kyowanissei Co ROA % Historical Data

* Premium members only.

The historical data trend for Kyowanissei 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.

Kyowanissei Co ROA % Chart

Kyowanissei Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.12 3.55 3.86 3.98 4.12

Kyowanissei Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 5.53 1.52 6.61 3.53 4.86

TSE:1981 vs TT, JCI, CARR: ROA % Comparison

For the Building Products & Equipment subindustry, Kyowanissei 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.


Kyowanissei Co ROA % vs Construction Industry

For the Construction industry and Industrials sector, Kyowanissei Co's ROA % distribution charts can be found below:

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


TSE:1981
62GF Score
Kyowanissei Co Ltd TSE:1981
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kyowanissei Co ROA % Calculation

Kyowanissei Co's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=1194.777/( (28357.669+29691.852)/ 2 )
=1194.777/29024.7605
=4.12 %

Kyowanissei Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1398.348/( (27797.124+29691.852)/ 2 )
=1398.348/28744.488
=4.86 %

* 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 (Mar. 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 4.86% mean?
Kyowanissei Co (TSE:1981) has a ROA % of 4.86% 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 Kyowanissei Co and its competitors. This is 24% above median its historical median of 3.92. Over the past decade, Kyowanissei Co's ROA % has ranged from 2.96 to 6.90. According to the industry distribution chart, Kyowanissei Co ranks #706 out of 1777 companies in the Construction industry, placing it in the top 39.7%.
Is Kyowanissei Co's ROA % too high?
Kyowanissei Co's current ROA % of 4.86% is 24% above median its 10-year median of 3.92. Over the past 10 years, this metric has ranged from a low of 2.96 to a high of 6.90. The Construction industry median ROA % is 2.79. Kyowanissei Co's value of 4.86% is 74.2% above this industry median. Based on the distribution chart, Kyowanissei Co ranks #706 out of 1777 companies in the Construction industry, which is above the industry midpoint. Overall, Kyowanissei Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kyowanissei Co's ROA % compare to TT and JCI?
According to the Construction industry distribution chart, Kyowanissei Co ranks #706 out of 1777 companies for ROA %. This puts Kyowanissei Co in the upper half of its industry. The industry median ROA % is 2.79. Kyowanissei Co's value of 4.86% is 74.2% above this benchmark. Historically, Kyowanissei Co's own ROA % has ranged from 2.96 to 6.90 over the past decade. While the company's 10-year median is 3.92 vs. the industry median of 2.79, Kyowanissei 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 Construction company?
The median ROA % among Construction companies is 2.79, based on 1,777 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. Kyowanissei Co's current ROA % of 4.86% is 74.2% 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 Kyowanissei Co and its competitors. For the Construction industry, the median ROA % is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyowanissei Co's current ROA % is 4.86%, which is 24% above median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyowanissei Co stock overvalued right now?
Based on GuruFocus' analysis, Kyowanissei Co (TSE:1981) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,645.78, compared to a current price of 円1,308.00 — trading 20.5% below its estimated fair value. The current ROA % is 4.86%, which is 24% above median its 10-year median of 3.92 and 74.2% above the Construction industry median of 2.79. Kyowanissei Co's overall GF Score™ is 62/100 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 Kyowanissei Co (TSE:1981), the current ROA % is 4.86% 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 Kyowanissei Co (TSE:1981) Overvalued in 2026?

Based on GuruFocus' analysis, Kyowanissei Co stock appears to be undervalued. The current stock price of 円1,308.00 is trading 20.5% below its estimated GF Value™ of 円1,645.78. GuruFocus considers Kyowanissei Co to be Modestly Undervalued.

Key valuation signals for TSE:1981:

  • ROA %: 4.86% (24% above median its 10-year median of 3.92)
  • GF Value™: 円1,645.78 vs. price of 円1,308.00 (20.5% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 74.2% above the Construction median (#706 of 1777)

No single metric tells the full story. See the TSE:1981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kyowanissei Co Business Description

Address 3-8-5, Irifune Chuo-Ku, Tokyo, JPN, 104-0042
Kyowanissei Co Ltd is engaged in the construction business in Japan. It constructs gas facilities & apartment buildings & plant facilities It also provides maintenance, repair & installation services for sanitary equipment & air conditioning equipment. Its gasworks includes interior and underground piping work; construction and facility work include construction work, water supply, and drainage work, the air-conditioning system work and interior finishing work; electrical facility and civil engineering work include underground burial of electric cables work, engineering work, as well as water and sewerage work. Its segments include: Construction facilities business; Gas equipment business; Gas pipeline business; and Electrical installation/civil engineering business.
62GF Score

Get the complete analysis for TSE:1981

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,308.00
Price
円1,645.78
GF Value