Ad-Sol NissinTSE:3837 +4.51%97 ROA % is 14.67% as of Mar. 2026, which is 41% above its 10-year median of 10.38. GuruFocus rates TSE:3837 with a GF Score™ of 97/100 and a GF Value™ of 円1,265.53 (Fairly Valued). Among 2,881 Software companies, Ad-Sol Nissin ranks better than 91.67% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ad-Sol Nissin's annualizedNet Income for the quarter that ended in Mar. 2026 was 円1,521 Mil.
Ad-Sol Nissin's average Total Assets over the quarter that ended in Mar. 2026 was 円10,363 Mil. Therefore, Ad-Sol Nissin's annualized ROA % for the quarter that ended in Mar. 2026 was 14.67%.
The historical rank and industry rank for Ad-Sol Nissin's ROA % or its related term are showing as below:
TSE:3837'
s ROA % Range Over the Past 10 Years
Min: 9.35 Med: 10.38 Max: 14.99
Current: 14.81
During the past 13 years, Ad-Sol Nissin's highest ROA % was 14.99%. The lowest was 9.35%. And the median was 10.38%.
TSE:3837's ROA % is ranked better than 91.67% of 2881
companies
in the Software industry
Industry Median: 1.65
vs TSE:3837: 14.81
Ad-Sol Nissin (TSE:3837) 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.
Ad-Sol Nissin ROA % Related Terms
Ad-Sol Nissin ROA % Historical Data
* Premium members only.
The historical data trend for Ad-Sol Nissin'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 Information Technology Services subindustry, Ad-Sol Nissin'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.
Ad-Sol Nissin ROA % vs Software Industry
For the Software industry and Technology sector, Ad-Sol Nissin's ROA % distribution charts can be found below:
* The bar in red indicates where Ad-Sol Nissin'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.
Ad-Sol Nissin (TSE:3837) has a ROA % of 14.67% 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 Ad-Sol Nissin and its competitors. This is 41% above median its historical median of 10.38. Over the past decade, Ad-Sol Nissin's ROA % has ranged from 9.35 to 14.99. According to the industry distribution chart, Ad-Sol Nissin ranks #240 out of 2881 companies in the Software industry, placing it in the top 8.3%.
Is Ad-Sol Nissin's ROA % too high?
Ad-Sol Nissin's current ROA % of 14.67% is 41% above median its 10-year median of 10.38. Over the past 10 years, this metric has ranged from a low of 9.35 to a high of 14.99. The Software industry median ROA % is 1.65. Ad-Sol Nissin's value of 14.67% is 789.1% above this industry median. Based on the distribution chart, Ad-Sol Nissin ranks #240 out of 2881 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Ad-Sol Nissin has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ad-Sol Nissin's ROA % compare to IBM and ACN?
According to the Software industry distribution chart, Ad-Sol Nissin ranks #240 out of 2881 companies for ROA %. This places Ad-Sol Nissin in the top 8% of its industry — outperforming the majority of peers. The industry median ROA % is 1.65. Ad-Sol Nissin's value of 14.67% is 789.1% above this benchmark. Historically, Ad-Sol Nissin's own ROA % has ranged from 9.35 to 14.99 over the past decade. While the company's 10-year median is 10.38 vs. the industry median of 1.65, Ad-Sol Nissin 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 1.65, based on 2,881 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. Ad-Sol Nissin's current ROA % of 14.67% is 789.1% 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 Ad-Sol Nissin and its competitors. For the Software industry, the median ROA % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ad-Sol Nissin's current ROA % is 14.67%, which is 41% above median its own 10-year median of 10.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ad-Sol Nissin stock overvalued right now?
Based on GuruFocus' analysis, Ad-Sol Nissin (TSE:3837) is currently considered Fairly Valued. The stock's GF Value™ is 円1,265.53, compared to a current price of 円1,366.00 — trading 7.9% above its estimated fair value. The current ROA % is 14.67%, which is 41% above median its 10-year median of 10.38 and 789.1% above the Software industry median of 1.65. Ad-Sol Nissin's overall GF Score™ is 97/100. 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 Ad-Sol Nissin (TSE:3837), the current ROA % is 14.67% 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 Ad-Sol Nissin (TSE:3837) Overvalued in 2026?
Based on GuruFocus' analysis, Ad-Sol Nissin stock appears to be overvalued.
The current stock price of 円1,366.00 is trading 7.9% above its estimated GF Value™ of 円1,265.53.
GuruFocus considers Ad-Sol Nissin to be Fairly Valued.
Key valuation signals for TSE:3837:
ROA %: 14.67% (41% above median its 10-year median of 10.38)
GF Value™: 円1,265.53 vs. price of 円1,366.00 (7.9% above fair value)
Industry Position: 789.1% above the Software median (#240 of 2881)
No single metric tells the full story. See the TSE:3837 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ad-Sol Nissin Corp develops information systems for enterprises. The company's segments include: Social Infrastructure Business, Advanced Industry Business. The Social Infrastructure Business develops system integration services in social infrastructures such as energy, road, aerospace, and others. Advanced Industry Business promotes Next Generation EV Vehicle, Industrial Equipment, and others.
97GF Score
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