Morinaga Milk Industry CoTSE:2264 +1.39%64 ROA % is 0.48% as of Mar. 2026, which is 88% below its 10-year median of 4.08. GuruFocus rates TSE:2264 with a GF Score™ of 64/100 and a GF Value™ of 円3,540.17 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,989 Consumer Packaged Goods companies, Morinaga Milk Industry Co ranks better than 55.96% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Morinaga Milk Industry Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円2,652 Mil.
Morinaga Milk Industry Co's average Total Assets over the quarter that ended in Mar. 2026 was 円555,552 Mil. Therefore, Morinaga Milk Industry Co's annualized ROA % for the quarter that ended in Mar. 2026 was 0.48%.
The historical rank and industry rank for Morinaga Milk Industry Co's ROA % or its related term are showing as below:
TSE:2264'
s ROA % Range Over the Past 10 Years
Min: 1 Med: 4.08 Max: 11.64
Current: 4.13
During the past 13 years, Morinaga Milk Industry Co's highest ROA % was 11.64%. The lowest was 1.00%. And the median was 4.08%.
TSE:2264's ROA % is ranked better than 55.96% of 1989
companies
in the Consumer Packaged Goods industry
Industry Median: 3.24
vs TSE:2264: 4.13
Morinaga Milk Industry Co (TSE:2264) 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.
* 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 Packaged Foods subindustry, Morinaga Milk Industry 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.
Morinaga Milk Industry Co ROA % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Morinaga Milk Industry Co's ROA % distribution charts can be found below:
* The bar in red indicates where Morinaga Milk Industry Co'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.
Morinaga Milk Industry Co (TSE:2264) has a ROA % of 0.48% 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 Morinaga Milk Industry Co and its competitors. This is 88% below median its historical median of 4.08. Over the past decade, Morinaga Milk Industry Co's ROA % has ranged from 1.00 to 11.64. According to the industry distribution chart, Morinaga Milk Industry Co ranks #876 out of 1989 companies in the Consumer Packaged Goods industry, placing it in the top 44%.
Is Morinaga Milk Industry Co's ROA % too high?
Morinaga Milk Industry Co's current ROA % of 0.48% is 88% below median its 10-year median of 4.08. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 11.64. The Consumer Packaged Goods industry median ROA % is 3.24. Morinaga Milk Industry Co's value of 0.48% is 85.2% below this industry median. Based on the distribution chart, Morinaga Milk Industry Co ranks #876 out of 1989 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Morinaga Milk Industry Co has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morinaga Milk Industry Co's ROA % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Morinaga Milk Industry Co ranks #876 out of 1989 companies for ROA %. This puts Morinaga Milk Industry Co in the upper half of its industry. The industry median ROA % is 3.24. Morinaga Milk Industry Co's value of 0.48% is 85.2% below this benchmark. Historically, Morinaga Milk Industry Co's own ROA % has ranged from 1.00 to 11.64 over the past decade. While the company's 10-year median is 4.08 vs. the industry median of 3.24, Morinaga Milk Industry 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 Consumer Packaged Goods company?
The median ROA % among Consumer Packaged Goods companies is 3.24, based on 1,989 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. Morinaga Milk Industry Co's current ROA % of 0.48% is 85.2% 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 Morinaga Milk Industry Co and its competitors. For the Consumer Packaged Goods industry, the median ROA % is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morinaga Milk Industry Co's current ROA % is 0.48%, which is 88% below median its own 10-year median of 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morinaga Milk Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Morinaga Milk Industry Co (TSE:2264) is currently considered Significantly Undervalued. The stock's GF Value™ is 円3,540.17, compared to a current price of 円1,238.75 — trading 65% below its estimated fair value. The current ROA % is 0.48%, which is 88% below median its 10-year median of 4.08 and 85.2% below the Consumer Packaged Goods industry median of 3.24. Morinaga Milk Industry Co's overall GF Score™ is 64/100 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 Morinaga Milk Industry Co (TSE:2264), the current ROA % is 0.48% 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 Morinaga Milk Industry Co (TSE:2264) Overvalued in 2026?
Based on GuruFocus' analysis, Morinaga Milk Industry Co stock appears to be undervalued.
The current stock price of 円1,238.75 is trading 65% below its estimated GF Value™ of 円3,540.17.
GuruFocus considers Morinaga Milk Industry Co to be Significantly Undervalued.
Key valuation signals for TSE:2264:
ROA %: 0.48% (88% below median its 10-year median of 4.08)
GF Value™: 円3,540.17 vs. price of 円1,238.75 (65% below fair value)
Industry Position: 85.2% below the Consumer Packaged Goods median (#876 of 1989)
No single metric tells the full story. See the TSE:2264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morinaga Milk Industry Co Ltd is a Japanese company engaged in the production and distribution of dairy products. It produces a variety of milk and milk-based products such as dairy-based beverages, yogurt, desserts, condensed milk, powdered milk, butter, cheese, ice cream, clinical liquid diets. It also manufactures and sells animal feed, and constructs plant equipment. The company through its subsidiaries markets its products internationally.
64GF Score
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