Asukanet CoTSE:2438 +0.32%51 ROA % is 8.63% as of Apr. 2026, which is 46% above its 10-year median of 5.93. GuruFocus rates TSE:2438 with a GF Score™ of 51/100 and a GF Value™ of 円506.95 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 98 Personal Services companies, Asukanet Co ranks better than 67.35% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Asukanet Co's annualizedNet Income for the quarter that ended in Apr. 2026 was 円539 Mil.
Asukanet Co's average Total Assets over the quarter that ended in Apr. 2026 was 円6,239 Mil. Therefore, Asukanet Co's annualized ROA % for the quarter that ended in Apr. 2026 was 8.63%.
The historical rank and industry rank for Asukanet Co's ROA % or its related term are showing as below:
TSE:2438'
s ROA % Range Over the Past 10 Years
Min: -3.91 Med: 5.93 Max: 11.28
Current: 4.67
During the past 13 years, Asukanet Co's highest ROA % was 11.28%. The lowest was -3.91%. And the median was 5.93%.
TSE:2438's ROA % is ranked better than 67.35% of 98
companies
in the Personal Services industry
Industry Median: 2.495
vs TSE:2438: 4.67
Asukanet Co (TSE:2438) 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 two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 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.
Asukanet Co ROA % Related Terms
Asukanet Co ROA % Historical Data
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The historical data trend for Asukanet Co'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 Personal Services subindustry, Asukanet 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.
Asukanet Co ROA % vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Asukanet Co's ROA % distribution charts can be found below:
* The bar in red indicates where Asukanet 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 two times the semi-annual (Apr. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Asukanet Co (TSE:2438) has a ROA % of 8.63% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Asukanet Co and its competitors. This is 46% above median its historical median of 5.93. According to the industry distribution chart, Asukanet Co ranks #32 out of 98 companies in the Personal Services industry, placing it in the top 32.7%.
Is Asukanet Co's ROA % too high?
Asukanet Co's current ROA % of 8.63% is 46% above median its 10-year median of 5.93. The Personal Services industry median ROA % is 2.50. Asukanet Co's value of 8.63% is 245.9% above this industry median. Based on the distribution chart, Asukanet Co ranks #32 out of 98 companies in the Personal Services industry, which is above the industry midpoint. Overall, Asukanet Co has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asukanet Co's ROA % compare to ROL and SCI?
According to the Personal Services industry distribution chart, Asukanet Co ranks #32 out of 98 companies for ROA %. This puts Asukanet Co in the upper half of its industry. The industry median ROA % is 2.50. Asukanet Co's value of 8.63% is 245.9% above this benchmark. While the company's 10-year median is 5.93 vs. the industry median of 2.50, Asukanet 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 Personal Services company?
The median ROA % among Personal Services companies is 2.50, based on 98 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. Asukanet Co's current ROA % of 8.63% is 245.9% 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 Asukanet Co and its competitors. For the Personal Services industry, the median ROA % is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asukanet Co's current ROA % is 8.63%, which is 46% above median its own 10-year median of 5.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asukanet Co stock overvalued right now?
Based on GuruFocus' analysis, Asukanet Co (TSE:2438) is currently considered Significantly Undervalued. The stock's GF Value™ is 円506.95, compared to a current price of 円312.00 — trading 38.5% below its estimated fair value. The current ROA % is 8.63%, which is 46% above median its 10-year median of 5.93 and 245.9% above the Personal Services industry median of 2.50. Asukanet Co's overall GF Score™ is 51/100 with 3 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 Asukanet Co (TSE:2438), the current ROA % is 8.63% as of Apr. 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 Asukanet Co (TSE:2438) Overvalued in 2026?
Based on GuruFocus' analysis, Asukanet Co stock appears to be undervalued.
The current stock price of 円312.00 is trading 38.5% below its estimated GF Value™ of 円506.95.
GuruFocus considers Asukanet Co to be Significantly Undervalued.
Key valuation signals for TSE:2438:
ROA %: 8.63% (46% above median its 10-year median of 5.93)
GF Value™: 円506.95 vs. price of 円312.00 (38.5% below fair value)
Industry Position: 245.9% above the Personal Services median (#32 of 98)
No single metric tells the full story. See the TSE:2438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asukanet Co Ltd is engaged in the business of memorial design services which provides digital processing services for portraits of deceased persons, and the provision of funeral-related production services. It is also engaged in the manufacture and sale of individual photo albums. It is also involved in the research and marketing activities related to aerial imaging technology.
51GF Score
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