ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nippon Parking Development Co's annualizedNet Income for the quarter that ended in Jan. 2026 was 円5,118 Mil.
Nippon Parking Development Co's average Total Assets over the quarter that ended in Jan. 2026 was 円52,652 Mil. Therefore, Nippon Parking Development Co's annualized ROA % for the quarter that ended in Jan. 2026 was 9.72%.
The historical rank and industry rank for Nippon Parking Development Co's ROA % or its related term are showing as below:
TSE:2353'
s ROA % Range Over the Past 10 Years
Min: 4.35 Med: 10.16 Max: 15.58
Current: 10.02
During the past 13 years, Nippon Parking Development Co's highest ROA % was 15.58%. The lowest was 4.35%. And the median was 10.16%.
TSE:2353's ROA % is ranked better than 91.39% of 569
companies
in the Conglomerates industry
Industry Median: 2.54
vs TSE:2353: 10.02
Nippon Parking Development Co (TSE:2353) 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 (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 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.
Nippon Parking Development Co ROA % Related Terms
Nippon Parking Development Co ROA % Historical 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.
For the Conglomerates subindustry, Nippon Parking Development 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.
Nippon Parking Development Co ROA % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Nippon Parking Development Co's ROA % distribution charts can be found below:
* The bar in red indicates where Nippon Parking Development 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 (Jan. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Nippon Parking Development Co (TSE:2353) has a ROA % of 9.72% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Nippon Parking Development Co and its competitors. This is near median its historical median of 10.16. Over the past decade, Nippon Parking Development Co's ROA % has ranged from 4.35 to 15.58. According to the industry distribution chart, Nippon Parking Development Co ranks #49 out of 569 companies in the Conglomerates industry, placing it in the top 8.6%.
Is Nippon Parking Development Co's ROA % too high?
Nippon Parking Development Co's current ROA % of 9.72% is near median its 10-year median of 10.16. Over the past 10 years, this metric has ranged from a low of 4.35 to a high of 15.58. The Conglomerates industry median ROA % is 2.54. Nippon Parking Development Co's value of 9.72% is 282.7% above this industry median. Based on the distribution chart, Nippon Parking Development Co ranks #49 out of 569 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Parking Development Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Parking Development Co's ROA % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nippon Parking Development Co ranks #49 out of 569 companies for ROA %. This places Nippon Parking Development Co in the top 9% of its industry — outperforming the majority of peers. The industry median ROA % is 2.54. Nippon Parking Development Co's value of 9.72% is 282.7% above this benchmark. Historically, Nippon Parking Development Co's own ROA % has ranged from 4.35 to 15.58 over the past decade. While the company's 10-year median is 10.16 vs. the industry median of 2.54, Nippon Parking Development 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 Conglomerates company?
The median ROA % among Conglomerates companies is 2.54, based on 569 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. Nippon Parking Development Co's current ROA % of 9.72% is 282.7% 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 Nippon Parking Development Co and its competitors. For the Conglomerates industry, the median ROA % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Parking Development Co's current ROA % is 9.72%, which is near median its own 10-year median of 10.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Parking Development Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Parking Development Co (TSE:2353) is currently considered Fairly Valued. The stock's GF Value™ is 円276.02, compared to a current price of 円257.00 — trading 6.9% below its estimated fair value. The current ROA % is 9.72%, which is near median its 10-year median of 10.16 and 282.7% above the Conglomerates industry median of 2.54. Nippon Parking Development Co's overall GF Score™ is 91/100 with 1 warning sign 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 Nippon Parking Development Co (TSE:2353), the current ROA % is 9.72% as of Jan. 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 Nippon Parking Development Co (TSE:2353) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Parking Development Co stock appears to be undervalued.
The current stock price of 円257.00 is trading 6.9% below its estimated GF Value™ of 円276.02.
GuruFocus considers Nippon Parking Development Co to be Fairly Valued.
Key valuation signals for TSE:2353:
ROA %: 9.72% (near median its 10-year median of 10.16)
GF Value™: 円276.02 vs. price of 円257.00 (6.9% below fair value)
Industry Position: 282.7% above the Conglomerates median (#49 of 569)
No single metric tells the full story. See the TSE:2353 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Parking Development Co Business Description
Nippon Parking Development Co Ltd provides car parking solutions and services. The company's reporting segments consist of: i) Parking Business: operating and managing parking lots, ii) Ski Resort Business: operates and acquires ski resorts, and iii) Theme Park Business: involves the operation and acquisition of theme parks. The majority of revenue is derived from the Parking business segment.
91GF Score
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