Tokyo Base Co (TSE:3415) ROA %: 16.60% (As of Jan. 2026) — 75% Above Median

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TSE:3415 Tokyo Base Co Ltd TSE:3415
92 GF Score
Price 円371.00
GF Value 円433.21
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Tokyo Base Co ROA %?

Tokyo Base Co TSE:3415 -1.33% 92 ROA % is 16.60% as of Jan. 2026, which is 75% above its 10-year median of 9.47. GuruFocus rates TSE:3415 with a GF Score™ of 92/100 and a GF Value™ of 円433.21 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,132 Retail - Cyclical companies, Tokyo Base Co ranks better than 79.86% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tokyo Base Co's annualized Net Income for the quarter that ended in Jan. 2026 was 円2,475 Mil. Tokyo Base Co's average Total Assets over the quarter that ended in Jan. 2026 was 円14,910 Mil. Therefore, Tokyo Base Co's annualized ROA % for the quarter that ended in Jan. 2026 was 16.60%.

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

TSE:3415' s ROA % Range Over the Past 10 Years
Min: -5.75   Med: 9.47   Max: 21.66
Current: 8.67

During the past 11 years, Tokyo Base Co's highest ROA % was 21.66%. The lowest was -5.75%. And the median was 9.47%.

TSE:3415's ROA % is ranked better than
79.86% of 1132 companies
in the Retail - Cyclical industry
Industry Median: 2.805 vs TSE:3415: 8.67

Tokyo Base Co  (TSE:3415) 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: Jan. 2026 )
=Net Income/Total Assets
=2474.788/14910.0855
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2474.788 / 31320.58)*(31320.58 / 14910.0855)
=Net Margin %*Asset Turnover
=7.9 %*2.1006
=16.60 %

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


Tokyo Base Co ROA % Related Terms


Tokyo Base Co ROA % Historical Data

* Premium members only.

The historical data trend for Tokyo Base 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.

Tokyo Base Co ROA % Chart

Tokyo Base Co Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Jan23 Jan24 Jan25 Jan26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.24 -5.75 2.91 6.66 9.19

Tokyo Base Co Quarterly Data
Feb21 May21 Aug21 Nov21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 6.19 8.44 3.66 16.60 5.97

TSE:3415 vs TJX, ROST, BURL: ROA % Comparison

For the Apparel Retail subindustry, Tokyo Base 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.


Tokyo Base Co ROA % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tokyo Base Co's ROA % distribution charts can be found below:

* The bar in red indicates where Tokyo Base Co's ROA % falls into.


TSE:3415
92GF Score
Tokyo Base Co Ltd TSE:3415
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Base Co ROA % Calculation

Tokyo Base Co's annualized ROA % for the fiscal year that ended in Jan. 2026 is calculated as:

ROA %=Net Income (A: Jan. 2026 )/( (Total Assets (A: Jan. 2025 )+Total Assets (A: Jan. 2026 ))/ count )
=1209.038/( (11454.796+14863.797)/ 2 )
=1209.038/13159.2965
=9.19 %

Tokyo Base Co's annualized ROA % for the quarter that ended in Jan. 2026 is calculated as:

ROA %=Net Income (Q: Jan. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=2474.788/( (14956.374+14863.797)/ 2 )
=2474.788/14910.0855
=16.60 %

* 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 (Jan. 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 16.60% mean?
Tokyo Base Co (TSE:3415) has a ROA % of 16.60% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Tokyo Base Co and its competitors. This is 75% above median its historical median of 9.47. According to the industry distribution chart, Tokyo Base Co ranks #228 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 20.1%.
Is Tokyo Base Co's ROA % too high?
Tokyo Base Co's current ROA % of 16.60% is 75% above median its 10-year median of 9.47. The Retail - Cyclical industry median ROA % is 2.81. Tokyo Base Co's value of 16.60% is 491.8% above this industry median. Based on the distribution chart, Tokyo Base Co ranks #228 out of 1132 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Tokyo Base Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Base Co's ROA % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Tokyo Base Co ranks #228 out of 1132 companies for ROA %. This places Tokyo Base Co in the top 20% of its industry — outperforming the majority of peers. The industry median ROA % is 2.81. Tokyo Base Co's value of 16.60% is 491.8% above this benchmark. While the company's 10-year median is 9.47 vs. the industry median of 2.81, Tokyo Base 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 Retail - Cyclical company?
The median ROA % among Retail - Cyclical companies is 2.81, based on 1,132 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. Tokyo Base Co's current ROA % of 16.60% is 491.8% 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 Tokyo Base Co and its competitors. For the Retail - Cyclical industry, the median ROA % is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Base Co's current ROA % is 16.60%, which is 75% above median its own 10-year median of 9.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Base Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Base Co (TSE:3415) is currently considered Modestly Undervalued. The stock's GF Value™ is 円433.21, compared to a current price of 円371.00 — trading 14.4% below its estimated fair value. The current ROA % is 16.60%, which is 75% above median its 10-year median of 9.47 and 491.8% above the Retail - Cyclical industry median of 2.81. Tokyo Base Co's overall GF Score™ is 92/100 with 1 warning sign 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 Tokyo Base Co (TSE:3415), the current ROA % is 16.60% as of Jan. 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 Tokyo Base Co (TSE:3415) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Base Co stock appears to be undervalued. The current stock price of 円371.00 is trading 14.4% below its estimated GF Value™ of 円433.21. GuruFocus considers Tokyo Base Co to be Modestly Undervalued.

Key valuation signals for TSE:3415:

  • ROA %: 16.60% (75% above median its 10-year median of 9.47)
  • GF Value™: 円433.21 vs. price of 円371.00 (14.4% below fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 491.8% above the Retail - Cyclical median (#228 of 1132)

No single metric tells the full story. See the TSE:3415 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Base Co Business Description

Address 3-11-13 Minami-Aoyama, Minato-ku, Tokyo, JPN, 150-0002
Tokyo Base Co Ltd is engaged in the retail sale of apparel goods for men and women. The company operates its stores under the STUDIOUS, UNITED TOKYO, CITY, and PUBLIC TOKYO brand names. The company products include tops, bottoms, shoes, bags, accessories and other goods.
92GF Score

Get the complete analysis for TSE:3415

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

円371.00
Price
円433.21
GF Value