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ASAHI NetTSE:3834 +0.32%75 ROA % is 6.35% as of Mar. 2026, which is 33% below its 10-year median of 9.45. GuruFocus rates TSE:3834 with a GF Score™ of 75/100 and a GF Value™ of 円754.40 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 369 Telecommunication Services companies, ASAHI Net ranks better than 82.93% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. ASAHI Net's annualizedNet Income for the quarter that ended in Mar. 2026 was 円928 Mil.
ASAHI Net's average Total Assets over the quarter that ended in Mar. 2026 was 円14,608 Mil. Therefore, ASAHI Net's annualized ROA % for the quarter that ended in Mar. 2026 was 6.35%.
The historical rank and industry rank for ASAHI Net's ROA % or its related term are showing as below:
TSE:3834'
s ROA % Range Over the Past 10 Years
Min: 5.36 Med: 9.45 Max: 12.06
Current: 8.87
During the past 13 years, ASAHI Net's highest ROA % was 12.06%. The lowest was 5.36%. And the median was 9.45%.
TSE:3834's ROA % is ranked better than 82.93% of 369
companies
in the Telecommunication Services industry
Industry Median: 2.86
vs TSE:3834: 8.87
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.
ASAHI Net ROA % Related Terms
ASAHI Net ROA % Historical Data
* Premium members only.
The historical data trend for ASAHI Net'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 Telecom Services subindustry, ASAHI Net'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.
ASAHI Net ROA % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, ASAHI Net's ROA % distribution charts can be found below:
* The bar in red indicates where ASAHI Net'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.
ASAHI Net (TSE:3834) has a ROA % of 6.35% 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 ASAHI Net and its competitors. This is 33% below median its historical median of 9.45. Over the past decade, ASAHI Net's ROA % has ranged from 5.36 to 12.06. According to the industry distribution chart, ASAHI Net ranks #63 out of 369 companies in the Telecommunication Services industry, placing it in the top 17.1%.
Is ASAHI Net's ROA % too high?
ASAHI Net's current ROA % of 6.35% is 33% below median its 10-year median of 9.45. Over the past 10 years, this metric has ranged from a low of 5.36 to a high of 12.06. The Telecommunication Services industry median ROA % is 2.86. ASAHI Net's value of 6.35% is 122% above this industry median. Based on the distribution chart, ASAHI Net ranks #63 out of 369 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, ASAHI Net has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASAHI Net's ROA % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, ASAHI Net ranks #63 out of 369 companies for ROA %. This places ASAHI Net in the top 17% of its industry — outperforming the majority of peers. The industry median ROA % is 2.86. ASAHI Net's value of 6.35% is 122% above this benchmark. Historically, ASAHI Net's own ROA % has ranged from 5.36 to 12.06 over the past decade. While the company's 10-year median is 9.45 vs. the industry median of 2.86, ASAHI Net 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 Telecommunication Services company?
The median ROA % among Telecommunication Services companies is 2.86, based on 369 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. ASAHI Net's current ROA % of 6.35% is 122% 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 ASAHI Net and its competitors. For the Telecommunication Services industry, the median ROA % is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASAHI Net's current ROA % is 6.35%, which is 33% below median its own 10-year median of 9.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASAHI Net stock overvalued right now?
Based on GuruFocus' analysis, ASAHI Net (TSE:3834) is currently considered Modestly Undervalued. The stock's GF Value™ is 円754.40, compared to a current price of 円625.00 — trading 17.2% below its estimated fair value. The current ROA % is 6.35%, which is 33% below median its 10-year median of 9.45 and 122% above the Telecommunication Services industry median of 2.86. ASAHI Net's overall GF Score™ is 75/100 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 ASAHI Net (TSE:3834), the current ROA % is 6.35% 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 ASAHI Net (TSE:3834) Overvalued in 2026?
Based on GuruFocus' analysis, ASAHI Net stock appears to be undervalued.
The current stock price of 円625.00 is trading 17.2% below its estimated GF Value™ of 円754.40.
GuruFocus considers ASAHI Net to be Modestly Undervalued.
Key valuation signals for TSE:3834:
ROA %: 6.35% (33% below median its 10-year median of 9.45)
GF Value™: 円754.40 vs. price of 円625.00 (17.2% below fair value)
Industry Position: 122% above the Telecommunication Services median (#63 of 369)
No single metric tells the full story. See the TSE:3834 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASAHI Net Inc is a Japan-based internet service provider. The company mainly offers internet connection services using fiber-optic technology and mobile networks, live survey system respon, system maintenance, and manufacturer maintenance. The company also provides learning management system named manaba.
75GF Score
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