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eBASE CoTSE:3835 +0.47%71 ROA % is 16.16% as of Mar. 2026, which is 3% above its 10-year median of 15.66. GuruFocus rates TSE:3835 with a GF Score™ of 71/100 and a GF Value™ of 円646.92 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,885 Software companies, eBASE Co ranks better than 88.73% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. eBASE Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円1,280 Mil.
eBASE Co's average Total Assets over the quarter that ended in Mar. 2026 was 円7,920 Mil. Therefore, eBASE Co's annualized ROA % for the quarter that ended in Mar. 2026 was 16.16%.
The historical rank and industry rank for eBASE Co's ROA % or its related term are showing as below:
TSE:3835'
s ROA % Range Over the Past 10 Years
Min: 12.21 Med: 15.66 Max: 19.13
Current: 12.86
During the past 13 years, eBASE Co's highest ROA % was 19.13%. The lowest was 12.21%. And the median was 15.66%.
TSE:3835's ROA % is ranked better than 88.73% of 2885
companies
in the Software industry
Industry Median: 1.68
vs TSE:3835: 12.86
eBASE Co (TSE:3835) 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.
eBASE Co ROA % Related Terms
eBASE Co ROA % Historical Data
* Premium members only.
The historical data trend for eBASE 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.
For the Software - Application subindustry, eBASE 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.
eBASE Co ROA % vs Software Industry
For the Software industry and Technology sector, eBASE Co's ROA % distribution charts can be found below:
* The bar in red indicates where eBASE Co'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.
eBASE Co (TSE:3835) has a ROA % of 16.16% 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 eBASE Co and its competitors. This is near median its historical median of 15.66. Over the past decade, eBASE Co's ROA % has ranged from 12.21 to 19.13. According to the industry distribution chart, eBASE Co ranks #325 out of 2885 companies in the Software industry, placing it in the top 11.3%.
Is eBASE Co's ROA % too high?
eBASE Co's current ROA % of 16.16% is near median its 10-year median of 15.66. Over the past 10 years, this metric has ranged from a low of 12.21 to a high of 19.13. The Software industry median ROA % is 1.68. eBASE Co's value of 16.16% is 861.9% above this industry median. Based on the distribution chart, eBASE Co ranks #325 out of 2885 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, eBASE Co has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does eBASE Co's ROA % compare to UBER and SHOP?
According to the Software industry distribution chart, eBASE Co ranks #325 out of 2885 companies for ROA %. This places eBASE Co in the top 11% of its industry — outperforming the majority of peers. The industry median ROA % is 1.68. eBASE Co's value of 16.16% is 861.9% above this benchmark. Historically, eBASE Co's own ROA % has ranged from 12.21 to 19.13 over the past decade. While the company's 10-year median is 15.66 vs. the industry median of 1.68, eBASE 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 Software company?
The median ROA % among Software companies is 1.68, based on 2,885 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. eBASE Co's current ROA % of 16.16% is 861.9% 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 eBASE Co and its competitors. For the Software industry, the median ROA % is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eBASE Co's current ROA % is 16.16%, which is near median its own 10-year median of 15.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eBASE Co stock overvalued right now?
Based on GuruFocus' analysis, eBASE Co (TSE:3835) is currently considered Significantly Undervalued. The stock's GF Value™ is 円646.92, compared to a current price of 円428.00 — trading 33.8% below its estimated fair value. The current ROA % is 16.16%, which is near median its 10-year median of 15.66 and 861.9% above the Software industry median of 1.68. eBASE Co's overall GF Score™ is 71/100 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 eBASE Co (TSE:3835), the current ROA % is 16.16% 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 eBASE Co (TSE:3835) Overvalued in 2026?
Based on GuruFocus' analysis, eBASE Co stock appears to be undervalued.
The current stock price of 円428.00 is trading 33.8% below its estimated GF Value™ of 円646.92.
GuruFocus considers eBASE Co to be Significantly Undervalued.
Key valuation signals for TSE:3835:
ROA %: 16.16% (near median its 10-year median of 15.66)
GF Value™: 円646.92 vs. price of 円428.00 (33.8% below fair value)
Industry Position: 861.9% above the Software median (#325 of 2885)
No single metric tells the full story. See the TSE:3835 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
eBASE Co Ltd is engaged in the planning, development, sales and maintenance of e BASE series which is a content management software. The solutions provided by the company include food industry solutions, residential industry solutions, printing industry solutions, data pool solution, and sales support solutions.
71GF Score
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