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Nippon Care Supply CoTSE:2393 +0.70%74 ROA % is 9.30% as of Mar. 2026, which is 19% above its 10-year median of 7.79. GuruFocus rates TSE:2393 with a GF Score™ of 74/100 and a GF Value™ of 円2,385.45 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,092 Business Services companies, Nippon Care Supply Co ranks better than 74.27% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nippon Care Supply Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円2,551 Mil.
Nippon Care Supply Co's average Total Assets over the quarter that ended in Mar. 2026 was 円27,441 Mil. Therefore, Nippon Care Supply Co's annualized ROA % for the quarter that ended in Mar. 2026 was 9.30%.
The historical rank and industry rank for Nippon Care Supply Co's ROA % or its related term are showing as below:
TSE:2393'
s ROA % Range Over the Past 10 Years
Min: 6.5 Med: 7.79 Max: 9.06
Current: 8.34
During the past 13 years, Nippon Care Supply Co's highest ROA % was 9.06%. The lowest was 6.50%. And the median was 7.79%.
TSE:2393's ROA % is ranked better than 74.27% of 1092
companies
in the Business Services industry
Industry Median: 3.76
vs TSE:2393: 8.34
Nippon Care Supply Co (TSE:2393) 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 Rental & Leasing Services subindustry, Nippon Care Supply 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 Care Supply Co ROA % vs Business Services Industry
For the Business Services industry and Industrials sector, Nippon Care Supply Co's ROA % distribution charts can be found below:
* The bar in red indicates where Nippon Care Supply 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.
Nippon Care Supply Co (TSE:2393) has a ROA % of 9.30% 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 Nippon Care Supply Co and its competitors. This is 19% above median its historical median of 7.79. Over the past decade, Nippon Care Supply Co's ROA % has ranged from 6.50 to 9.06. According to the industry distribution chart, Nippon Care Supply Co ranks #281 out of 1092 companies in the Business Services industry, placing it in the top 25.7%.
Is Nippon Care Supply Co's ROA % too high?
Nippon Care Supply Co's current ROA % of 9.30% is 19% above median its 10-year median of 7.79. Over the past 10 years, this metric has ranged from a low of 6.50 to a high of 9.06. The Business Services industry median ROA % is 3.76. Nippon Care Supply Co's value of 9.30% is 147.3% above this industry median. Based on the distribution chart, Nippon Care Supply Co ranks #281 out of 1092 companies in the Business Services industry, which is above the industry midpoint. Overall, Nippon Care Supply Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Care Supply Co's ROA % compare to URI and SUNB?
According to the Business Services industry distribution chart, Nippon Care Supply Co ranks #281 out of 1092 companies for ROA %. This puts Nippon Care Supply Co in the upper half of its industry. The industry median ROA % is 3.76. Nippon Care Supply Co's value of 9.30% is 147.3% above this benchmark. Historically, Nippon Care Supply Co's own ROA % has ranged from 6.50 to 9.06 over the past decade. While the company's 10-year median is 7.79 vs. the industry median of 3.76, Nippon Care Supply 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 Business Services company?
The median ROA % among Business Services companies is 3.76, based on 1,092 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 Care Supply Co's current ROA % of 9.30% is 147.3% 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 Care Supply Co and its competitors. For the Business Services industry, the median ROA % is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Care Supply Co's current ROA % is 9.30%, which is 19% above median its own 10-year median of 7.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Care Supply Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Care Supply Co (TSE:2393) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,385.45, compared to a current price of 円4,325.00 — trading 81.3% above its estimated fair value. The current ROA % is 9.30%, which is 19% above median its 10-year median of 7.79 and 147.3% above the Business Services industry median of 3.76. Nippon Care Supply Co's overall GF Score™ is 74/100 with 7 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 Nippon Care Supply Co (TSE:2393), the current ROA % is 9.30% 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 Nippon Care Supply Co (TSE:2393) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Care Supply Co stock appears to be overvalued.
The current stock price of 円4,325.00 is trading 81.3% above its estimated GF Value™ of 円2,385.45.
GuruFocus considers Nippon Care Supply Co to be Significantly Overvalued.
Key valuation signals for TSE:2393:
ROA %: 9.30% (19% above median its 10-year median of 7.79)
GF Value™: 円2,385.45 vs. price of 円4,325.00 (81.3% above fair value)
Industry Position: 147.3% above the Business Services median (#281 of 1092)
No single metric tells the full story. See the TSE:2393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Care Supply Co Ltd is engaged in the business of rental wholesale and sale of welfare equipment in Japan. It rents and sells welfare equipment, such as electric beds, wheelchairs, and bathing assistance tools.
74GF Score
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