KENKO Mayonnaise Co (TSE:2915) ROA %: 5.23% (As of Mar. 2026) — 37% Above Median


TSE:2915 KENKO Mayonnaise Co Ltd TSE:2915
78 GF Score
Price 円2,040.00
GF Value 円2,094.61
Valuation Fairly Valued
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What is KENKO Mayonnaise Co ROA %?

KENKO Mayonnaise Co TSE:2915 +0.79% 78 ROA % is 5.23% as of Mar. 2026, which is 37% above its 10-year median of 3.81. GuruFocus rates TSE:2915 with a GF Score™ of 78/100 and a GF Value™ of 円2,094.61 (Fairly Valued). Among 1,988 Consumer Packaged Goods companies, KENKO Mayonnaise Co ranks better than 58.5% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. KENKO Mayonnaise Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円3,362 Mil. KENKO Mayonnaise Co's average Total Assets over the quarter that ended in Mar. 2026 was 円64,241 Mil. Therefore, KENKO Mayonnaise Co's annualized ROA % for the quarter that ended in Mar. 2026 was 5.23%.

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

TSE:2915' s ROA % Range Over the Past 10 Years
Min: 0.78   Med: 3.81   Max: 6.12
Current: 4.56

During the past 13 years, KENKO Mayonnaise Co's highest ROA % was 6.12%. The lowest was 0.78%. And the median was 3.81%.

TSE:2915's ROA % is ranked better than
58.5% of 1988 companies
in the Consumer Packaged Goods industry
Industry Median: 3.24 vs TSE:2915: 4.56

KENKO Mayonnaise Co  (TSE:2915) 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
=3362/64240.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3362 / 92826)*(92826 / 64240.5)
=Net Margin %*Asset Turnover
=3.62 %*1.445
=5.23 %

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.


KENKO Mayonnaise Co ROA % Related Terms


KENKO Mayonnaise Co ROA % Historical Data

* Premium members only.

The historical data trend for KENKO Mayonnaise 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.

KENKO Mayonnaise Co ROA % Chart

KENKO Mayonnaise Co 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 1.95 0.78 4.22 5.33 4.57

KENKO Mayonnaise Co 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 6.52 6.76 3.88 3.87 5.23

TSE:2915 vs KHC, GIS: ROA % Comparison

For the Packaged Foods subindustry, KENKO Mayonnaise 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.


KENKO Mayonnaise Co ROA % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KENKO Mayonnaise Co's ROA % distribution charts can be found below:

* The bar in red indicates where KENKO Mayonnaise Co's ROA % falls into.


TSE:2915
78GF Score
KENKO Mayonnaise Co Ltd TSE:2915
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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KENKO Mayonnaise Co ROA % Calculation

KENKO Mayonnaise Co'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 )
=2926/( (64080+63922)/ 2 )
=2926/64001
=4.57 %

KENKO Mayonnaise Co'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 )
=3362/( (64559+63922)/ 2 )
=3362/64240.5
=5.23 %

* 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 5.23% mean?
KENKO Mayonnaise Co (TSE:2915) has a ROA % of 5.23% 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 KENKO Mayonnaise Co and its competitors. This is 37% above median its historical median of 3.81. Over the past decade, KENKO Mayonnaise Co's ROA % has ranged from 0.78 to 6.12. According to the industry distribution chart, KENKO Mayonnaise Co ranks #825 out of 1988 companies in the Consumer Packaged Goods industry, placing it in the top 41.5%.
Is KENKO Mayonnaise Co's ROA % too high?
KENKO Mayonnaise Co's current ROA % of 5.23% is 37% above median its 10-year median of 3.81. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 6.12. The Consumer Packaged Goods industry median ROA % is 3.24. KENKO Mayonnaise Co's value of 5.23% is 61.4% above this industry median. Based on the distribution chart, KENKO Mayonnaise Co ranks #825 out of 1988 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, KENKO Mayonnaise Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KENKO Mayonnaise Co's ROA % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, KENKO Mayonnaise Co ranks #825 out of 1988 companies for ROA %. This puts KENKO Mayonnaise Co in the upper half of its industry. The industry median ROA % is 3.24. KENKO Mayonnaise Co's value of 5.23% is 61.4% above this benchmark. Historically, KENKO Mayonnaise Co's own ROA % has ranged from 0.78 to 6.12 over the past decade. While the company's 10-year median is 3.81 vs. the industry median of 3.24, KENKO Mayonnaise 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 Consumer Packaged Goods company?
The median ROA % among Consumer Packaged Goods companies is 3.24, based on 1,988 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. KENKO Mayonnaise Co's current ROA % of 5.23% is 61.4% 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 KENKO Mayonnaise Co and its competitors. For the Consumer Packaged Goods industry, the median ROA % is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KENKO Mayonnaise Co's current ROA % is 5.23%, which is 37% above median its own 10-year median of 3.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KENKO Mayonnaise Co stock overvalued right now?
Based on GuruFocus' analysis, KENKO Mayonnaise Co (TSE:2915) is currently considered Fairly Valued. The stock's GF Value™ is 円2,094.61, compared to a current price of 円2,040.00 — trading 2.6% below its estimated fair value. The current ROA % is 5.23%, which is 37% above median its 10-year median of 3.81 and 61.4% above the Consumer Packaged Goods industry median of 3.24. KENKO Mayonnaise Co's overall GF Score™ is 78/100. 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 KENKO Mayonnaise Co (TSE:2915), the current ROA % is 5.23% 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 KENKO Mayonnaise Co (TSE:2915) Overvalued in 2026?

Based on GuruFocus' analysis, KENKO Mayonnaise Co stock appears to be undervalued. The current stock price of 円2,040.00 is trading 2.6% below its estimated GF Value™ of 円2,094.61. GuruFocus considers KENKO Mayonnaise Co to be Fairly Valued.

Key valuation signals for TSE:2915:

  • ROA %: 5.23% (37% above median its 10-year median of 3.81)
  • GF Value™: 円2,094.61 vs. price of 円2,040.00 (2.6% below fair value)
  • GF Score™: 78/100
  • Industry Position: 61.4% above the Consumer Packaged Goods median (#825 of 1988)

No single metric tells the full story. See the TSE:2915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KENKO Mayonnaise Co Business Description

Address 3-8-13, Takaito Higashi, Suginami-ku, Tokyo, JPN
KENKO Mayonnaise Co Ltd is a food processing company, based in Japan. The company is engaged in the manufacturing, processing, and distribution of a variety of food products such as salads, delicatessen, mayonnaise, dressings, sauces and egg products. Also, the group is engaged in the shop operation and overseas business. Some of its products include GLOBAL mayonnaise; KENKO Restaurant Mayonnaise; Triple Balance Non Oil Bonito; Garlic Butter sauce; SOUZAITEI Frozen Thick Omelet H and others.
78GF Score

Get the complete analysis for TSE:2915

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

円2,040.00
Price
円2,094.61
GF Value