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IACE TravelTSE:343A +0.93%20 ROA % is 8.63% as of Mar. 2026, which is 2% above its 10-year median of 8.45. GuruFocus rates TSE:343A with a GF Score™ of 20/100. Among 855 Travel & Leisure companies, IACE Travel ranks better than 86.78% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. IACE Travel's annualizedNet Income for the quarter that ended in Mar. 2026 was 円497 Mil.
IACE Travel's average Total Assets over the quarter that ended in Mar. 2026 was 円5,762 Mil. Therefore, IACE Travel's annualized ROA % for the quarter that ended in Mar. 2026 was 8.63%.
The historical rank and industry rank for IACE Travel's ROA % or its related term are showing as below:
TSE:343A'
s ROA % Range Over the Past 10 Years
Min: 5.43 Med: 8.45 Max: 9.93
Current: 9.68
During the past 4 years, IACE Travel's highest ROA % was 9.93%. The lowest was 5.43%. And the median was 8.45%.
TSE:343A's ROA % is ranked better than 86.78% of 855
companies
in the Travel & Leisure industry
Industry Median: 2.31
vs TSE:343A: 9.68
IACE Travel (TSE:343A) 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 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.
IACE Travel ROA % Related Terms
IACE Travel ROA % Historical Data
* Premium members only.
The historical data trend for IACE Travel'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.
For the Travel Services subindustry, IACE Travel'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.
IACE Travel ROA % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, IACE Travel's ROA % distribution charts can be found below:
* The bar in red indicates where IACE Travel'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 two times the semi-annual (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
IACE Travel (TSE:343A) has a ROA % of 8.63% 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 IACE Travel and its competitors. This is near median its historical median of 8.45. Over the past decade, IACE Travel's ROA % has ranged from 5.43 to 9.93. According to the industry distribution chart, IACE Travel ranks #113 out of 855 companies in the Travel & Leisure industry, placing it in the top 13.2%.
Is IACE Travel's ROA % too high?
IACE Travel's current ROA % of 8.63% is near median its 10-year median of 8.45. Over the past 10 years, this metric has ranged from a low of 5.43 to a high of 9.93. The Travel & Leisure industry median ROA % is 2.31. IACE Travel's value of 8.63% is 273.6% above this industry median. Based on the distribution chart, IACE Travel ranks #113 out of 855 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, IACE Travel has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does IACE Travel's ROA % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, IACE Travel ranks #113 out of 855 companies for ROA %. This places IACE Travel in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 2.31. IACE Travel's value of 8.63% is 273.6% above this benchmark. Historically, IACE Travel's own ROA % has ranged from 5.43 to 9.93 over the past decade. While the company's 10-year median is 8.45 vs. the industry median of 2.31, IACE Travel 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 Travel & Leisure company?
The median ROA % among Travel & Leisure companies is 2.31, based on 855 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. IACE Travel's current ROA % of 8.63% is 273.6% 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 IACE Travel and its competitors. For the Travel & Leisure industry, the median ROA % is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IACE Travel's current ROA % is 8.63%, which is near median its own 10-year median of 8.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IACE Travel stock overvalued right now?
IACE Travel (TSE:343A) has a current ROA % of 8.63%. The current ROA % is 8.63%, which is near median its 10-year median of 8.45 and 273.6% above the Travel & Leisure industry median of 2.31. IACE Travel's overall GF Score™ is 20/100. 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 IACE Travel (TSE:343A), the current ROA % is 8.63% 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.
IACE Travel Corp is engaged in travel business that operates the cloud-based booking system Smart BTM and provides business travel management services.
20GF Score
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