Forcia (TSE:304A) ROA %: 2.45% (As of Feb. 2026) — 63% Below Median

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:304A Forcia Inc TSE:304A
18 GF Score
Price 円1,910.00
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What is Forcia ROA %?

Forcia TSE:304A -2.05% 18 ROA % is 2.45% as of Feb. 2026, which is 63% below its 10-year median of 6.61. GuruFocus rates TSE:304A with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 2,886 Software companies, Forcia ranks better than 52.49% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Forcia's annualized Net Income for the quarter that ended in Feb. 2026 was 円54 Mil. Forcia's average Total Assets over the quarter that ended in Feb. 2026 was 円2,204 Mil. Therefore, Forcia's annualized ROA % for the quarter that ended in Feb. 2026 was 2.45%.

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

TSE:304A' s ROA % Range Over the Past 10 Years
Min: 2.21   Med: 6.61   Max: 8.61
Current: 2.21

During the past 4 years, Forcia's highest ROA % was 8.61%. The lowest was 2.21%. And the median was 6.61%.

TSE:304A's ROA % is ranked better than
52.49% of 2886 companies
in the Software industry
Industry Median: 1.695 vs TSE:304A: 2.21

Forcia  (TSE:304A) 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: Feb. 2026 )
=Net Income/Total Assets
=53.894/2203.569
=(Net Income / Revenue)*(Revenue / Total Assets)
=(53.894 / 2199.236)*(2199.236 / 2203.569)
=Net Margin %*Asset Turnover
=2.45 %*0.998
=2.45 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 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.


Forcia ROA % Related Terms


Forcia ROA % Historical Data

* Premium members only.

The historical data trend for Forcia'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.

Forcia ROA % Chart

Forcia Annual Data
Trend Feb23 Feb24 Feb25 Feb26
ROA %
8.61 6.32 6.90 2.24

Forcia Semi-Annual Data
Feb23 Feb24 Aug24 Feb25 Aug25 Feb26
ROA % Get a 7-Day Free Trial 0.00 6.24 7.98 1.96 2.45

TSE:304A vs IBM, ACN, FISV: ROA % Comparison

For the Information Technology Services subindustry, Forcia'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.


Forcia ROA % vs Software Industry

For the Software industry and Technology sector, Forcia's ROA % distribution charts can be found below:

* The bar in red indicates where Forcia's ROA % falls into.


TSE:304A
18GF Score
Forcia Inc TSE:304A
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Forcia ROA % Calculation

Forcia's annualized ROA % for the fiscal year that ended in Feb. 2026 is calculated as:

ROA %=Net Income (A: Feb. 2026 )/( (Total Assets (A: Feb. 2025 )+Total Assets (A: Feb. 2026 ))/ count )
=48.716/( (2191.637+2154.41)/ 2 )
=48.716/2173.0235
=2.24 %

Forcia's annualized ROA % for the quarter that ended in Feb. 2026 is calculated as:

ROA %=Net Income (Q: Feb. 2026 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=53.894/( (2252.728+2154.41)/ 2 )
=53.894/2203.569
=2.45 %

* 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 (Feb. 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 2.45% mean?
Forcia (TSE:304A) has a ROA % of 2.45% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Forcia and its competitors. This is 63% below median its historical median of 6.61. Over the past decade, Forcia's ROA % has ranged from 2.21 to 8.61. According to the industry distribution chart, Forcia ranks #1371 out of 2886 companies in the Software industry, placing it in the top 47.5%.
Is Forcia's ROA % too high?
Forcia's current ROA % of 2.45% is 63% below median its 10-year median of 6.61. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 8.61. The Software industry median ROA % is 1.70. Forcia's value of 2.45% is 44.5% above this industry median. Based on the distribution chart, Forcia ranks #1371 out of 2886 companies in the Software industry, which is above the industry midpoint. Overall, Forcia has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Forcia's ROA % compare to IBM and ACN?
According to the Software industry distribution chart, Forcia ranks #1371 out of 2886 companies for ROA %. This puts Forcia in the upper half of its industry. The industry median ROA % is 1.70. Forcia's value of 2.45% is 44.5% above this benchmark. Historically, Forcia's own ROA % has ranged from 2.21 to 8.61 over the past decade. While the company's 10-year median is 6.61 vs. the industry median of 1.70, Forcia 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 Software company?
The median ROA % among Software companies is 1.70, based on 2,886 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. Forcia's current ROA % of 2.45% is 44.5% 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 Forcia and its competitors. For the Software industry, the median ROA % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forcia's current ROA % is 2.45%, which is 63% below median its own 10-year median of 6.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forcia stock overvalued right now?
Forcia (TSE:304A) has a current ROA % of 2.45%. The current ROA % is 2.45%, which is 63% below median its 10-year median of 6.61 and 44.5% above the Software industry median of 1.70. Forcia's overall GF Score™ is 18/100 with 4 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 Forcia (TSE:304A), the current ROA % is 2.45% as of Feb. 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.

Forcia Business Description

Address 4-1-6 Shinjuku, JR Shinjuku Miraina Tower 13th floor, Shinjuku-ku, Tokyo, JPN, 160-0022
Forcia Inc Offers services including system development and consulting, as well as SaaS products, based on a proprietary search platform that enables users to quickly find what it is searching for, from large volumes of ever-changing complex data.
18GF Score

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

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