CSS HOLDINGSTSE:2304 +0.98%67 ROA % is 12.56% as of Mar. 2026, which is 446% above its 10-year median of 2.30. GuruFocus rates TSE:2304 with a GF Score™ of 67/100 and a GF Value™ of 円1,089.35 (Modestly Undervalued). Among 1,096 Business Services companies, CSS HOLDINGS ranks better than 83.03% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. CSS HOLDINGS's annualizedNet Income for the quarter that ended in Mar. 2026 was 円839 Mil.
CSS HOLDINGS's average Total Assets over the quarter that ended in Mar. 2026 was 円6,677 Mil. Therefore, CSS HOLDINGS's annualized ROA % for the quarter that ended in Mar. 2026 was 12.56%.
The historical rank and industry rank for CSS HOLDINGS's ROA % or its related term are showing as below:
TSE:2304'
s ROA % Range Over the Past 10 Years
Min: -8.16 Med: 2.3 Max: 10.45
Current: 10.45
During the past 13 years, CSS HOLDINGS's highest ROA % was 10.45%. The lowest was -8.16%. And the median was 2.30%.
TSE:2304's ROA % is ranked better than 83.03% of 1096
companies
in the Business Services industry
Industry Median: 3.465
vs TSE:2304: 10.45
CSS HOLDINGS (TSE:2304) 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.
CSS HOLDINGS ROA % Related Terms
CSS HOLDINGS ROA % Historical Data
* Premium members only.
The historical data trend for CSS 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 Specialty Business Services subindustry, CSS 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.
CSS HOLDINGS ROA % vs Business Services Industry
For the Business Services industry and Industrials sector, CSS HOLDINGS's ROA % distribution charts can be found below:
* The bar in red indicates where CSS 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.
CSS HOLDINGS (TSE:2304) has a ROA % of 12.56% 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 CSS HOLDINGS and its competitors. This is 446% above median its historical median of 2.30. According to the industry distribution chart, CSS HOLDINGS ranks #186 out of 1096 companies in the Business Services industry, placing it in the top 17%.
Is CSS HOLDINGS's ROA % too high?
CSS HOLDINGS's current ROA % of 12.56% is 446% above median its 10-year median of 2.30. The Business Services industry median ROA % is 3.47. CSS HOLDINGS's value of 12.56% is 262.5% above this industry median. Based on the distribution chart, CSS HOLDINGS ranks #186 out of 1096 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, CSS HOLDINGS has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CSS HOLDINGS's ROA % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, CSS HOLDINGS ranks #186 out of 1096 companies for ROA %. This places CSS HOLDINGS in the top 17% of its industry — outperforming the majority of peers. The industry median ROA % is 3.47. CSS HOLDINGS's value of 12.56% is 262.5% above this benchmark. While the company's 10-year median is 2.30 vs. the industry median of 3.47, CSS 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 Business Services company?
The median ROA % among Business Services companies is 3.47, based on 1,096 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. CSS HOLDINGS's current ROA % of 12.56% is 262.5% 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 CSS HOLDINGS and its competitors. For the Business Services industry, the median ROA % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSS HOLDINGS's current ROA % is 12.56%, which is 446% above median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSS HOLDINGS stock overvalued right now?
Based on GuruFocus' analysis, CSS HOLDINGS (TSE:2304) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,089.35, compared to a current price of 円926.00 — trading 15% below its estimated fair value. The current ROA % is 12.56%, which is 446% above median its 10-year median of 2.30 and 262.5% above the Business Services industry median of 3.47. CSS HOLDINGS's overall GF Score™ is 67/100. 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 CSS HOLDINGS (TSE:2304), the current ROA % is 12.56% 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 CSS HOLDINGS (TSE:2304) Overvalued in 2026?
Based on GuruFocus' analysis, CSS HOLDINGS stock appears to be undervalued.
The current stock price of 円926.00 is trading 15% below its estimated GF Value™ of 円1,089.35.
GuruFocus considers CSS HOLDINGS to be Modestly Undervalued.
Key valuation signals for TSE:2304:
ROA %: 12.56% (446% above median its 10-year median of 2.30)
GF Value™: 円1,089.35 vs. price of 円926.00 (15% below fair value)
Industry Position: 262.5% above the Business Services median (#186 of 1096)
No single metric tells the full story. See the TSE:2304 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CSS HOLDINGS Ltd is a holding company engaged in the operation and management of its group companies. It operates Steward Business; dishwashing and management work centered on hotels and restaurants, Food Business; which handles employee cafeteria and restaurant management contracts through its subsidiaries, Space Produce Business; designs, constructs, manages, and sells items related to video, audio, broadcasting and security, and Others includes general affairs, personnel, and management related business.
67GF Score
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