Okamura Foods Co (TSE:2938) ROA %: 4.34% (As of Jun. 2026) — 24% Below Median

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TSE:2938 Okamura Foods Co Ltd TSE:2938
76 GF Score
Price 円1,302.00
GF Value 円998.35
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Okamura Foods Co ROA %?

Okamura Foods Co TSE:2938 +1.01% 76 ROA % is 4.34% as of Jun. 2026, which is 24% below its 10-year median of 5.70. GuruFocus rates TSE:2938 with a GF Score™ of 76/100 and a GF Value™ of 円998.35 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,014 Consumer Packaged Goods companies, Okamura Foods Co ranks better than 59.24% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Okamura Foods Co's annualized Net Income for the quarter that ended in Jun. 2026 was 円2,684 Mil. Okamura Foods Co's average Total Assets over the quarter that ended in Jun. 2026 was 円61,832 Mil. Therefore, Okamura Foods Co's annualized ROA % for the quarter that ended in Jun. 2026 was 4.34%.

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

TSE:2938' s ROA % Range Over the Past 10 Years
Min: 4.92   Med: 5.7   Max: 10.78
Current: 4.92

During the past 6 years, Okamura Foods Co's highest ROA % was 10.78%. The lowest was 4.92%. And the median was 5.70%.

TSE:2938's ROA % is ranked better than
59.24% of 2014 companies
in the Consumer Packaged Goods industry
Industry Median: 3.35 vs TSE:2938: 4.92

Okamura Foods Co  (TSE:2938) 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: Jun. 2026 )
=Net Income/Total Assets
=2684/61832
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2684 / 56016)*(56016 / 61832)
=Net Margin %*Asset Turnover
=4.79 %*0.9059
=4.34 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


Okamura Foods Co ROA % Related Terms


Okamura Foods Co ROA % Historical Data

* Premium members only.

The historical data trend for Okamura Foods 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.

Okamura Foods Co ROA % Chart

Okamura Foods Co Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
ROA %
Get a 7-Day Free Trial 10.78 8.78 5.68 5.03 5.46

Okamura Foods Co Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.07 7.10 3.93 4.28 4.34

TSE:2938 vs ADM, BG, TSN: ROA % Comparison

For the Farm Products subindustry, Okamura Foods 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.


Okamura Foods Co ROA % vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Okamura Foods Co's ROA % falls into.


TSE:2938
76GF Score
Okamura Foods Co Ltd TSE:2938
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okamura Foods Co ROA % Calculation

Okamura Foods Co's annualized ROA % for the fiscal year that ended in Jun. 2026 is calculated as:

ROA %=Net Income (A: Jun. 2026 )/( (Total Assets (A: Jun. 2025 )+Total Assets (A: Jun. 2026 ))/ count )
=2783/( (41271+60639)/ 2 )
=2783/50955
=5.46 %

Okamura Foods Co's annualized ROA % for the quarter that ended in Jun. 2026 is calculated as:

ROA %=Net Income (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=2684/( (63025+60639)/ 2 )
=2684/61832
=4.34 %

* 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 (Jun. 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 4.34% mean?
Okamura Foods Co (TSE:2938) has a ROA % of 4.34% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Okamura Foods Co and its competitors. This is 24% below median its historical median of 5.70. Over the past decade, Okamura Foods Co's ROA % has ranged from 4.92 to 10.78. According to the industry distribution chart, Okamura Foods Co ranks #821 out of 2014 companies in the Consumer Packaged Goods industry, placing it in the top 40.8%.
Is Okamura Foods Co's ROA % too high?
Okamura Foods Co's current ROA % of 4.34% is 24% below median its 10-year median of 5.70. Over the past 10 years, this metric has ranged from a low of 4.92 to a high of 10.78. The Consumer Packaged Goods industry median ROA % is 3.35. Okamura Foods Co's value of 4.34% is 29.6% above this industry median. Based on the distribution chart, Okamura Foods Co ranks #821 out of 2014 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Okamura Foods Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okamura Foods Co's ROA % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Okamura Foods Co ranks #821 out of 2014 companies for ROA %. This puts Okamura Foods Co in the upper half of its industry. The industry median ROA % is 3.35. Okamura Foods Co's value of 4.34% is 29.6% above this benchmark. Historically, Okamura Foods Co's own ROA % has ranged from 4.92 to 10.78 over the past decade. While the company's 10-year median is 5.70 vs. the industry median of 3.35, Okamura Foods 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 3.35, based on 2,014 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. Okamura Foods Co's current ROA % of 4.34% is 29.6% 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 Okamura Foods Co and its competitors. For the Consumer Packaged Goods industry, the median ROA % is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okamura Foods Co's current ROA % is 4.34%, which is 24% below median its own 10-year median of 5.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okamura Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Okamura Foods Co (TSE:2938) is currently considered Modestly Overvalued. The stock's GF Value™ is 円998.35, compared to a current price of 円1,302.00 — trading 30.4% above its estimated fair value. The current ROA % is 4.34%, which is 24% below median its 10-year median of 5.70 and 29.6% above the Consumer Packaged Goods industry median of 3.35. Okamura Foods Co's overall GF Score™ is 76/100 with 6 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 Okamura Foods Co (TSE:2938), the current ROA % is 4.34% as of Jun. 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 Okamura Foods Co (TSE:2938) Overvalued in 2026?

Based on GuruFocus' analysis, Okamura Foods Co stock appears to be overvalued. The current stock price of 円1,302.00 is trading 30.4% above its estimated GF Value™ of 円998.35. GuruFocus considers Okamura Foods Co to be Modestly Overvalued.

Key valuation signals for TSE:2938:

  • ROA %: 4.34% (24% below median its 10-year median of 5.70)
  • GF Value™: 円998.35 vs. price of 円1,302.00 (30.4% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 29.6% above the Consumer Packaged Goods median (#821 of 2014)

No single metric tells the full story. See the TSE:2938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okamura Foods Co Business Description

Address 1-6-11 Yaeda, Aomori Prefecture, Aomori, JPN, 030-0912
Okamura Foods Co Ltd is engaged in the business of aquaculture, Salmon farming, processing and sales of marine products, wholesale of marine products.
76GF Score

Get the complete analysis for TSE:2938

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

円1,302.00
Price
円998.35
GF Value