Koei Tecmo Holdings Co (TSE:3635) ROA %: 24.38% (As of Mar. 2026) — 67% Above Median


TSE:3635 Koei Tecmo Holdings Co Ltd TSE:3635
79 GF Score
Price 円1,507.50
GF Value 円2,101.18
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Koei Tecmo Holdings Co ROA %?

Koei Tecmo Holdings Co TSE:3635 +0.27% 79 ROA % is 24.38% as of Mar. 2026, which is 67% above its 10-year median of 14.59. GuruFocus rates TSE:3635 with a GF Score™ of 79/100 and a GF Value™ of 円2,101.18 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 568 Interactive Media companies, Koei Tecmo Holdings Co ranks better than 88.56% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Koei Tecmo Holdings Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円76,200 Mil. Koei Tecmo Holdings Co's average Total Assets over the quarter that ended in Mar. 2026 was 円312,577 Mil. Therefore, Koei Tecmo Holdings Co's annualized ROA % for the quarter that ended in Mar. 2026 was 24.38%.

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

TSE:3635' s ROA % Range Over the Past 10 Years
Min: 10.09   Med: 14.59   Max: 17.46
Current: 15.38

During the past 13 years, Koei Tecmo Holdings Co's highest ROA % was 17.46%. The lowest was 10.09%. And the median was 14.59%.

TSE:3635's ROA % is ranked better than
88.56% of 568 companies
in the Interactive Media industry
Industry Median: 0.675 vs TSE:3635: 15.38

Koei Tecmo Holdings Co  (TSE:3635) 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: Mar. 2026 )
=Net Income/Total Assets
=76200/312577
=(Net Income / Revenue)*(Revenue / Total Assets)
=(76200 / 146656)*(146656 / 312577)
=Net Margin %*Asset Turnover
=51.96 %*0.4692
=24.38 %

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.


Koei Tecmo Holdings Co ROA % Related Terms


Koei Tecmo Holdings Co ROA % Historical Data

* Premium members only.

The historical data trend for Koei Tecmo Holdings 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.

Koei Tecmo Holdings Co ROA % Chart

Koei Tecmo Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.23 14.37 14.80 16.52 16.36

Koei Tecmo Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 22.25 10.72 10.61 13.19 24.38

TSE:3635 vs NTES, EA, TTWO: ROA % Comparison

For the Electronic Gaming & Multimedia subindustry, Koei Tecmo Holdings 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.


Koei Tecmo Holdings Co ROA % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Koei Tecmo Holdings Co's ROA % distribution charts can be found below:

* The bar in red indicates where Koei Tecmo Holdings Co's ROA % falls into.


TSE:3635
79GF Score
Koei Tecmo Holdings Co Ltd TSE:3635
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koei Tecmo Holdings Co ROA % Calculation

Koei Tecmo Holdings Co's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=42830/( (209828+313662)/ 2 )
=42830/261745
=16.36 %

Koei Tecmo Holdings Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=76200/( (311492+313662)/ 2 )
=76200/312577
=24.38 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 24.38% mean?
Koei Tecmo Holdings Co (TSE:3635) has a ROA % of 24.38% 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 Koei Tecmo Holdings Co and its competitors. This is 67% above median its historical median of 14.59. Over the past decade, Koei Tecmo Holdings Co's ROA % has ranged from 10.09 to 17.46. According to the industry distribution chart, Koei Tecmo Holdings Co ranks #65 out of 568 companies in the Interactive Media industry, placing it in the top 11.4%.
Is Koei Tecmo Holdings Co's ROA % too high?
Koei Tecmo Holdings Co's current ROA % of 24.38% is 67% above median its 10-year median of 14.59. Over the past 10 years, this metric has ranged from a low of 10.09 to a high of 17.46. The Interactive Media industry median ROA % is 0.68. Koei Tecmo Holdings Co's value of 24.38% is 3511.9% above this industry median. Based on the distribution chart, Koei Tecmo Holdings Co ranks #65 out of 568 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Koei Tecmo Holdings Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Koei Tecmo Holdings Co's ROA % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Koei Tecmo Holdings Co ranks #65 out of 568 companies for ROA %. This places Koei Tecmo Holdings Co in the top 11% of its industry — outperforming the majority of peers. The industry median ROA % is 0.68. Koei Tecmo Holdings Co's value of 24.38% is 3511.9% above this benchmark. Historically, Koei Tecmo Holdings Co's own ROA % has ranged from 10.09 to 17.46 over the past decade. While the company's 10-year median is 14.59 vs. the industry median of 0.68, Koei Tecmo Holdings 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 an Interactive Media company?
The median ROA % among Interactive Media companies is 0.68, based on 568 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. Koei Tecmo Holdings Co's current ROA % of 24.38% is 3511.9% 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 Koei Tecmo Holdings Co and its competitors. For the Interactive Media industry, the median ROA % is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koei Tecmo Holdings Co's current ROA % is 24.38%, which is 67% above median its own 10-year median of 14.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koei Tecmo Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Koei Tecmo Holdings Co (TSE:3635) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,101.18, compared to a current price of 円1,507.50 — trading 28.3% below its estimated fair value. The current ROA % is 24.38%, which is 67% above median its 10-year median of 14.59 and 3511.9% above the Interactive Media industry median of 0.68. Koei Tecmo Holdings Co's overall GF Score™ is 79/100 with 3 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 Koei Tecmo Holdings Co (TSE:3635), the current ROA % is 24.38% 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 Koei Tecmo Holdings Co (TSE:3635) Overvalued in 2026?

Based on GuruFocus' analysis, Koei Tecmo Holdings Co stock appears to be undervalued. The current stock price of 円1,507.50 is trading 28.3% below its estimated GF Value™ of 円2,101.18. GuruFocus considers Koei Tecmo Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:3635:

  • ROA %: 24.38% (67% above median its 10-year median of 14.59)
  • GF Value™: 円2,101.18 vs. price of 円1,507.50 (28.3% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 3511.9% above the Interactive Media median (#65 of 568)

No single metric tells the full story. See the TSE:3635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Koei Tecmo Holdings Co Business Description

Other Exchanges 85T:Germany
Address 1-18-12 Minowa-cho, Kouhoku-ku, Yokohama, JPN, 223-8503
Koei Tecmo Holdings is a Japanese video game, amusement, and anime company created in 2009 by the merger of Koei and Tecmo, best known for their Nobunaga's Ambition, Romance of the Three Kingdoms, Nioh, and Atelier game franchises. The company also creates games based on third-party franchises, such as Nintendo's The Legend of Zelda and Fire Emblem, and Kodansha's Attack on Titan.
79GF Score

Get the complete analysis for TSE:3635

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

円1,507.50
Price
円2,101.18
GF Value