Core (TSE:2359) ROA %: 12.90% (As of Mar. 2026) — 59% Above Median


TSE:2359 Core Corp TSE:2359
73 GF Score
Price 円1,982.00
GF Value 円2,075.23
Valuation Fairly Valued
! 1 Warning Sign
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What is Core ROA %?

Core TSE:2359 -1.64% 73 ROA % is 12.90% as of Mar. 2026, which is 59% above its 10-year median of 8.11. GuruFocus rates TSE:2359 with a GF Score™ of 73/100 and a GF Value™ of 円2,075.23 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,881 Software companies, Core ranks better than 84.59% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Core's annualized Net Income for the quarter that ended in Mar. 2026 was 円3,482 Mil. Core's average Total Assets over the quarter that ended in Mar. 2026 was 円26,991 Mil. Therefore, Core's annualized ROA % for the quarter that ended in Mar. 2026 was 12.90%.

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

TSE:2359' s ROA % Range Over the Past 10 Years
Min: 5.14   Med: 8.11   Max: 10.91
Current: 10.91

During the past 13 years, Core's highest ROA % was 10.91%. The lowest was 5.14%. And the median was 8.11%.

TSE:2359's ROA % is ranked better than
84.59% of 2881 companies
in the Software industry
Industry Median: 1.65 vs TSE:2359: 10.91

Core  (TSE:2359) 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
=3482.372/26990.9935
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3482.372 / 28432.792)*(28432.792 / 26990.9935)
=Net Margin %*Asset Turnover
=12.25 %*1.0534
=12.90 %

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.


Core ROA % Related Terms


Core ROA % Historical Data

* Premium members only.

The historical data trend for Core'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.

Core ROA % Chart

Core 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 8.45 9.44 9.96 9.14 10.80

Core 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 11.66 8.08 10.61 8.93 12.90

TSE:2359 vs IBM, ACN, FISV: ROA % Comparison

For the Information Technology Services subindustry, Core'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.


Core ROA % vs Software Industry

For the Software industry and Technology sector, Core's ROA % distribution charts can be found below:

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


TSE:2359
73GF Score
Core Corp TSE:2359
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Core ROA % Calculation

Core'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 )
=2879.24/( (25157.734+28168.874)/ 2 )
=2879.24/26663.304
=10.80 %

Core'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 )
=3482.372/( (25813.113+28168.874)/ 2 )
=3482.372/26990.9935
=12.90 %

* 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 12.90% mean?
Core (TSE:2359) has a ROA % of 12.90% 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 Core and its competitors. This is 59% above median its historical median of 8.11. Over the past decade, Core's ROA % has ranged from 5.14 to 10.91. According to the industry distribution chart, Core ranks #444 out of 2881 companies in the Software industry, placing it in the top 15.4%.
Is Core's ROA % too high?
Core's current ROA % of 12.90% is 59% above median its 10-year median of 8.11. Over the past 10 years, this metric has ranged from a low of 5.14 to a high of 10.91. The Software industry median ROA % is 1.65. Core's value of 12.90% is 681.8% above this industry median. Based on the distribution chart, Core ranks #444 out of 2881 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Core has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Core's ROA % compare to IBM and ACN?
According to the Software industry distribution chart, Core ranks #444 out of 2881 companies for ROA %. This places Core in the top 15% of its industry — outperforming the majority of peers. The industry median ROA % is 1.65. Core's value of 12.90% is 681.8% above this benchmark. Historically, Core's own ROA % has ranged from 5.14 to 10.91 over the past decade. While the company's 10-year median is 8.11 vs. the industry median of 1.65, Core 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 Software company?
The median ROA % among Software companies is 1.65, based on 2,881 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. Core's current ROA % of 12.90% is 681.8% 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 Core and its competitors. For the Software industry, the median ROA % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Core's current ROA % is 12.90%, which is 59% above median its own 10-year median of 8.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Core stock overvalued right now?
Based on GuruFocus' analysis, Core (TSE:2359) is currently considered Fairly Valued. The stock's GF Value™ is 円2,075.23, compared to a current price of 円1,982.00 — trading 4.5% below its estimated fair value. The current ROA % is 12.90%, which is 59% above median its 10-year median of 8.11 and 681.8% above the Software industry median of 1.65. Core's overall GF Score™ is 73/100 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 Core (TSE:2359), the current ROA % is 12.90% 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 Core (TSE:2359) Overvalued in 2026?

Based on GuruFocus' analysis, Core stock appears to be undervalued. The current stock price of 円1,982.00 is trading 4.5% below its estimated GF Value™ of 円2,075.23. GuruFocus considers Core to be Fairly Valued.

Key valuation signals for TSE:2359:

  • ROA %: 12.90% (59% above median its 10-year median of 8.11)
  • GF Value™: 円2,075.23 vs. price of 円1,982.00 (4.5% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 681.8% above the Software median (#444 of 2881)

No single metric tells the full story. See the TSE:2359 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Core Business Description

Address 1-22-3, Sangenjaya, Setagaya-ku, Tokyo, JPN, 154-8552
Core Corp is an independent information technology services company. It is organized into two business segments - System Integration business and product solutions business. The system integration segment focuses on embedded contract development in smartphones, automotive-related and equipment control fields. Its product solutions segment operates in the fields of security, cloud big data utilization cloud service, and global navigation satellite system. It primarily serves medical/healthcare, automobiles and agriculture markets.
73GF Score

Get the complete analysis for TSE:2359

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

円1,982.00
Price
円2,075.23
GF Value