Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
FullerTSE:387A +0.41%19 ROA % is 9.46% as of Dec. 2025, which is 11% below its 10-year median of 10.62. GuruFocus rates TSE:387A with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 2,885 Software companies, Fuller ranks better than 79.27% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Fuller's annualizedNet Income for the quarter that ended in Dec. 2025 was 円171 Mil.
Fuller's average Total Assets over the quarter that ended in Dec. 2025 was 円1,810 Mil. Therefore, Fuller's annualized ROA % for the quarter that ended in Dec. 2025 was 9.46%.
The historical rank and industry rank for Fuller's ROA % or its related term are showing as below:
TSE:387A'
s ROA % Range Over the Past 10 Years
Min: 2.22 Med: 10.62 Max: 27.85
Current: 9.05
During the past 5 years, Fuller's highest ROA % was 27.85%. The lowest was 2.22%. And the median was 10.62%.
TSE:387A's ROA % is ranked better than 79.27% of 2885
companies
in the Software industry
Industry Median: 1.68
vs TSE:387A: 9.05
Fuller (TSE:387A) 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 (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
Fuller ROA % Related Terms
Fuller ROA % Historical Data
* Premium members only.
The historical data trend for Fuller'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, Fuller'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.
Fuller ROA % vs Software Industry
For the Software industry and Technology sector, Fuller's ROA % distribution charts can be found below:
* The bar in red indicates where Fuller'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 (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Fuller (TSE:387A) has a ROA % of 9.46% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Fuller and its competitors. This is 11% below median its historical median of 10.62. Over the past decade, Fuller's ROA % has ranged from 2.22 to 27.85. According to the industry distribution chart, Fuller ranks #598 out of 2885 companies in the Software industry, placing it in the top 20.7%.
Is Fuller's ROA % too high?
Fuller's current ROA % of 9.46% is 11% below median its 10-year median of 10.62. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 27.85. The Software industry median ROA % is 1.68. Fuller's value of 9.46% is 463.1% above this industry median. Based on the distribution chart, Fuller ranks #598 out of 2885 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Fuller has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Fuller's ROA % compare to UBER and SHOP?
According to the Software industry distribution chart, Fuller ranks #598 out of 2885 companies for ROA %. This places Fuller in the top 21% of its industry — outperforming the majority of peers. The industry median ROA % is 1.68. Fuller's value of 9.46% is 463.1% above this benchmark. Historically, Fuller's own ROA % has ranged from 2.22 to 27.85 over the past decade. While the company's 10-year median is 10.62 vs. the industry median of 1.68, Fuller 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. Fuller's current ROA % of 9.46% is 463.1% 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 Fuller 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. Fuller's current ROA % is 9.46%, which is 11% below median its own 10-year median of 10.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuller stock overvalued right now?
Fuller (TSE:387A) has a current ROA % of 9.46%. The current ROA % is 9.46%, which is 11% below median its 10-year median of 10.62 and 463.1% above the Software industry median of 1.68. Fuller's overall GF Score™ is 19/100 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 Fuller (TSE:387A), the current ROA % is 9.46% as of Dec. 2025. 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.
Fuller Inc has been growing its business with its base set in mobile. Fuller, with its core business centered around what smartphones are used for and analyzing data, operates by giving a great deal of consideration to its clients. In order to increase the value of its clients, the company comprehensively supports the success of mobile businesses of its clients through planning business models, researching competitors, developing and operating applications, analyzing usage data, and compiling tailored reports. The company develops apps by planning new business plans for the mobile generation and shifting existing services to mobile devices.
19GF Score
Get the complete analysis for TSE:387A
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:387A has been successfully added to your 
