ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mie Kotsu Group Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was 円677 Mil.
Mie Kotsu Group Holdings's average Total Assets over the quarter that ended in Mar. 2026 was 円192,765 Mil. Therefore, Mie Kotsu Group Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 0.35%.
The historical rank and industry rank for Mie Kotsu Group Holdings's ROA % or its related term are showing as below:
TSE:3232'
s ROA % Range Over the Past 10 Years
Min: -1.04 Med: 2.49 Max: 3.35
Current: 3.33
During the past 13 years, Mie Kotsu Group Holdings's highest ROA % was 3.35%. The lowest was -1.04%. And the median was 2.49%.
TSE:3232's ROA % is ranked better than 59.58% of 569
companies
in the Conglomerates industry
Industry Median: 2.49
vs TSE:3232: 3.33
Mie Kotsu Group Holdings (TSE:3232) 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 (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.
* 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 Conglomerates subindustry, Mie Kotsu Group Holdings'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.
Mie Kotsu Group Holdings ROA % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Mie Kotsu Group Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Mie Kotsu Group Holdings'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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Mie Kotsu Group Holdings (TSE:3232) has a ROA % of 0.35% 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 Mie Kotsu Group Holdings and its competitors. This is 86% below median its historical median of 2.49. According to the industry distribution chart, Mie Kotsu Group Holdings ranks #230 out of 569 companies in the Conglomerates industry, placing it in the top 40.4%.
Is Mie Kotsu Group Holdings' ROA % too high?
Mie Kotsu Group Holdings' current ROA % of 0.35% is 86% below median its 10-year median of 2.49. The Conglomerates industry median ROA % is 2.49. Mie Kotsu Group Holdings' value of 0.35% is 85.9% below this industry median. Based on the distribution chart, Mie Kotsu Group Holdings ranks #230 out of 569 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Mie Kotsu Group Holdings has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mie Kotsu Group Holdings' ROA % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Mie Kotsu Group Holdings ranks #230 out of 569 companies for ROA %. This puts Mie Kotsu Group Holdings in the upper half of its industry. The industry median ROA % is 2.49. Mie Kotsu Group Holdings' value of 0.35% is 85.9% below this benchmark. While the company's 10-year median is 2.49 vs. the industry median of 2.49, Mie Kotsu Group Holdings has consistently been below 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 Conglomerates company?
The median ROA % among Conglomerates companies is 2.49, based on 569 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. Mie Kotsu Group Holdings's current ROA % of 0.35% is 85.9% below 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 Mie Kotsu Group Holdings and its competitors. For the Conglomerates industry, the median ROA % is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mie Kotsu Group Holdings's current ROA % is 0.35%, which is 86% below median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Kotsu Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings (TSE:3232) is currently considered Fairly Valued. The stock's GF Value™ is 円591.89, compared to a current price of 円548.00 — trading 7.4% below its estimated fair value. The current ROA % is 0.35%, which is 86% below median its 10-year median of 2.49 and 85.9% below the Conglomerates industry median of 2.49. Mie Kotsu Group Holdings' overall GF Score™ is 77/100 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 Mie Kotsu Group Holdings (TSE:3232), the current ROA % is 0.35% 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 Mie Kotsu Group Holdings (TSE:3232) Overvalued in 2026?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings stock appears to be undervalued.
The current stock price of 円548.00 is trading 7.4% below its estimated GF Value™ of 円591.89.
GuruFocus considers Mie Kotsu Group Holdings to be Fairly Valued.
Key valuation signals for TSE:3232:
ROA %: 0.35% (86% below median its 10-year median of 2.49)
GF Value™: 円591.89 vs. price of 円548.00 (7.4% below fair value)
Industry Position: 85.9% below the Conglomerates median (#230 of 569)
No single metric tells the full story. See the TSE:3232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mie Kotsu Group Holdings Inc is a Japan-based company mainly engaged in the provision of transportation services. The company operates through four businesses namely real estate, transportation, distribution and leisure services. Its real estate business is involved in the trading and leasing of real estates. The transportation business offers bus, taxi, railway transportation, and automobile maintenance services. Its distribution business consists of delivering goods and services. The leisure services market operates hotels and golf courses as well as tourism consulting services.
77GF Score
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