ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Fan Communications's annualizedNet Income for the quarter that ended in Dec. 2025 was 円0 Mil.
Fan Communications's average Total Assets over the quarter that ended in Dec. 2025 was 円22,939 Mil. Therefore, Fan Communications's annualized ROA % for the quarter that ended in Dec. 2025 was 0.00%.
The historical rank and industry rank for Fan Communications's ROA % or its related term are showing as below:
TSE:2461'
s ROA % Range Over the Past 10 Years
Min: 1.83 Med: 6.94 Max: 17.56
Current: 1.83
During the past 13 years, Fan Communications's highest ROA % was 17.56%. The lowest was 1.83%. And the median was 6.94%.
TSE:2461's ROA % is ranked better than 57.97% of 1035
companies
in the Media - Diversified industry
Industry Median: 0.65
vs TSE:2461: 1.83
Fan Communications (TSE:2461) 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 (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.
Fan Communications ROA % Related Terms
Fan Communications ROA % Historical Data
* Premium members only.
The historical data trend for Fan Communications'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 Advertising Agencies subindustry, Fan Communications'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.
Fan Communications ROA % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Fan Communications's ROA % distribution charts can be found below:
* The bar in red indicates where Fan Communications'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 (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Fan Communications (TSE:2461) has a ROA % of 0.00% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Fan Communications and its competitors. Over the past decade, Fan Communications' ROA % has ranged from 1.83 to 17.56. According to the industry distribution chart, Fan Communications ranks #435 out of 1035 companies in the Media - Diversified industry, placing it in the top 42%.
Is Fan Communications' ROA % too high?
Fan Communications' current ROA % is 0.00%. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 17.56. Based on the distribution chart, Fan Communications ranks #435 out of 1035 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Fan Communications has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fan Communications' ROA % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Fan Communications ranks #435 out of 1035 companies for ROA %. This puts Fan Communications in the upper half of its industry. The industry median ROA % is 0.65. Historically, Fan Communications' own ROA % has ranged from 1.83 to 17.56 over the past decade. 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 Media - Diversified company?
The median ROA % among Media - Diversified companies is 0.65, based on 1,035 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. 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 Fan Communications and its competitors. For the Media - Diversified industry, the median ROA % is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fan Communications's current ROA % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fan Communications stock overvalued right now?
Based on GuruFocus' analysis, Fan Communications (TSE:2461) is currently considered Fairly Valued. The stock's GF Value™ is 円399.61, compared to a current price of 円399.00 — trading 0.2% below its estimated fair value. The current ROA % is 0.00%. Fan Communications' overall GF Score™ is 67/100 with 2 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 Fan Communications (TSE:2461), the current ROA % is 0.00% as of Dec. 2025. 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 Fan Communications (TSE:2461) Overvalued in 2026?
Based on GuruFocus' analysis, Fan Communications stock appears to be undervalued.
The current stock price of 円399.00 is trading 0.2% below its estimated GF Value™ of 円399.61.
GuruFocus considers Fan Communications to be Fairly Valued.
Key valuation signals for TSE:2461:
ROA %: 0.00%
GF Value™: 円399.61 vs. price of 円399.00 (0.2% below fair value)
No single metric tells the full story. See the TSE:2461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fan Communications Inc is a Japanese Internet marketing company. The company is developing Internet advertising-related businesses. It has its own media operation and advertising agency and is mainly involved in Internet-based performance marketing ad network services. Its product and services are divided into cost per action ad network business (affiliate advertising, smartphone app install advertising) and cost per click/targeting ad network business (smartphone and network, behavioral targeting supply-side platforms). The company provides advertising through A8.net affiliate advertising service platform and A8app a smartphone application to install for promotions.
67GF Score
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