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NMS HoldingsTSE:2162 46 ROA % is 2.48% as of Mar. 2026, which is 73% above its 10-year median of 1.43. GuruFocus rates TSE:2162 with a GF Score™ of 46/100 and a GF Value™ of 円335.22 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,505 Hardware companies, NMS Holdings ranks worse than 60.4% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. NMS Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was 円926 Mil.
NMS Holdings's average Total Assets over the quarter that ended in Mar. 2026 was 円37,389 Mil. Therefore, NMS Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 2.48%.
The historical rank and industry rank for NMS Holdings's ROA % or its related term are showing as below:
TSE:2162'
s ROA % Range Over the Past 10 Years
Min: -5.97 Med: 1.43 Max: 4.66
Current: 0.85
During the past 13 years, NMS Holdings's highest ROA % was 4.66%. The lowest was -5.97%. And the median was 1.43%.
TSE:2162's ROA % is ranked worse than 60.4% of 2505
companies
in the Hardware industry
Industry Median: 2.28
vs TSE:2162: 0.85
NMS Holdings (TSE:2162) 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 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.
NMS Holdings ROA % Related Terms
NMS Holdings ROA % Historical Data
* Premium members only.
The historical data trend for NMS Holdings'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 Electronic Components subindustry, NMS Holdings'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.
NMS Holdings ROA % vs Hardware Industry
For the Hardware industry and Technology sector, NMS Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where NMS Holdings'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.
NMS Holdings (TSE:2162) has a ROA % of 2.48% 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 NMS Holdings and its competitors. This is 73% above median its historical median of 1.43. According to the industry distribution chart, NMS Holdings ranks #1513 out of 2505 companies in the Hardware industry, placing it in the top 60.4%.
Is NMS Holdings' ROA % too high?
NMS Holdings' current ROA % of 2.48% is 73% above median its 10-year median of 1.43. The Hardware industry median ROA % is 2.28. NMS Holdings' value of 2.48% is 8.8% above this industry median. Based on the distribution chart, NMS Holdings ranks #1513 out of 2505 companies in the Hardware industry, which is below the industry midpoint. Overall, NMS Holdings has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NMS Holdings' ROA % compare to APH and GLW?
According to the Hardware industry distribution chart, NMS Holdings ranks #1513 out of 2505 companies for ROA %. This places NMS Holdings in the lower half of its industry. The industry median ROA % is 2.28. NMS Holdings' value of 2.48% is 8.8% above this benchmark. While the company's 10-year median is 1.43 vs. the industry median of 2.28, NMS Holdings 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 Hardware company?
The median ROA % among Hardware companies is 2.28, based on 2,505 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. NMS Holdings's current ROA % of 2.48% is 8.8% 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 NMS Holdings and its competitors. For the Hardware industry, the median ROA % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMS Holdings's current ROA % is 2.48%, which is 73% above median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMS Holdings stock overvalued right now?
Based on GuruFocus' analysis, NMS Holdings (TSE:2162) is currently considered Significantly Overvalued. The stock's GF Value™ is 円335.22, compared to a current price of 円533.00 — trading 59% above its estimated fair value. The current ROA % is 2.48%, which is 73% above median its 10-year median of 1.43 and 8.8% above the Hardware industry median of 2.28. NMS Holdings' overall GF Score™ is 46/100 with 9 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 NMS Holdings (TSE:2162), the current ROA % is 2.48% 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 NMS Holdings (TSE:2162) Overvalued in 2026?
Based on GuruFocus' analysis, NMS Holdings stock appears to be overvalued.
The current stock price of 円533.00 is trading 59% above its estimated GF Value™ of 円335.22.
GuruFocus considers NMS Holdings to be Significantly Overvalued.
Key valuation signals for TSE:2162:
ROA %: 2.48% (73% above median its 10-year median of 1.43)
GF Value™: 円335.22 vs. price of 円533.00 (59% above fair value)
Industry Position: 8.8% above the Hardware median (#1513 of 2505)
No single metric tells the full story. See the TSE:2162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NMS Holdings Corp is a Japan-based company. Its business activities are divided into four operating segments including Human resource solution business, Electronics manufacturing service (EMS) business, Vision ( neo EMS ), and Power supply business. The company offers staff members for contract manufacturing, engineer dispatch service, repairs and customer service. Its EMS business offers a wide range of services concerning board assembly through an integrated production process and firm management system. NMS also offers solutions for power supply and power supply-related products.
46GF Score
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