Internetworking and Broadband Consulting Co (TSE:3920) ROA %: 20.61% (As of Mar. 2026) — 213% Above Median

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TSE:3920 Internetworking and Broadband Consulting Co Ltd TSE:3920
68 GF Score
Price 円999.00
GF Value 円850.63
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Internetworking and Broadband Consulting Co ROA %?

Internetworking and Broadband Consulting Co TSE:3920 +0.20% 68 ROA % is 20.61% as of Mar. 2026, which is 213% above its 10-year median of 6.59. GuruFocus rates TSE:3920 with a GF Score™ of 68/100 and a GF Value™ of 円850.63 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,885 Software companies, Internetworking and Broadband Consulting Co ranks better than 84.71% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Internetworking and Broadband Consulting Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円742 Mil. Internetworking and Broadband Consulting Co's average Total Assets over the quarter that ended in Mar. 2026 was 円3,602 Mil. Therefore, Internetworking and Broadband Consulting Co's annualized ROA % for the quarter that ended in Mar. 2026 was 20.61%.

The historical rank and industry rank for Internetworking and Broadband Consulting Co's ROA % or its related term are showing as below:

TSE:3920' s ROA % Range Over the Past 10 Years
Min: -1.6   Med: 6.59   Max: 12.39
Current: 10.94

During the past 12 years, Internetworking and Broadband Consulting Co's highest ROA % was 12.39%. The lowest was -1.60%. And the median was 6.59%.

TSE:3920's ROA % is ranked better than
84.71% of 2885 companies
in the Software industry
Industry Median: 1.68 vs TSE:3920: 10.94

Internetworking and Broadband Consulting Co  (TSE:3920) 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
=742.176/3601.588
=(Net Income / Revenue)*(Revenue / Total Assets)
=(742.176 / 2884.448)*(2884.448 / 3601.588)
=Net Margin %*Asset Turnover
=25.73 %*0.8009
=20.61 %

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.


Internetworking and Broadband Consulting Co ROA % Related Terms


Internetworking and Broadband Consulting Co ROA % Historical Data

* Premium members only.

The historical data trend for Internetworking and Broadband Consulting 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.

Internetworking and Broadband Consulting Co ROA % Chart

Internetworking and Broadband Consulting Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.25 -0.54 2.16 7.08 11.77

Internetworking and Broadband Consulting 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 21.85 11.79 14.28 -2.84 20.61

TSE:3920 vs IBM, ACN, FISV: ROA % Comparison

For the Information Technology Services subindustry, Internetworking and Broadband Consulting 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.


Internetworking and Broadband Consulting Co ROA % vs Software Industry

For the Software industry and Technology sector, Internetworking and Broadband Consulting Co's ROA % distribution charts can be found below:

* The bar in red indicates where Internetworking and Broadband Consulting Co's ROA % falls into.


TSE:3920
68GF Score
Internetworking and Broadband Consulting Co Ltd TSE:3920
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Internetworking and Broadband Consulting Co ROA % Calculation

Internetworking and Broadband Consulting Co's annualized ROA % for the fiscal year that ended in Sep. 2025 is calculated as:

ROA %=Net Income (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=410.714/( (3240.08+3739.294)/ 2 )
=410.714/3489.687
=11.77 %

Internetworking and Broadband Consulting 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 )
=742.176/( (3395.076+3808.1)/ 2 )
=742.176/3601.588
=20.61 %

* 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 20.61% mean?
Internetworking and Broadband Consulting Co (TSE:3920) has a ROA % of 20.61% 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 Internetworking and Broadband Consulting Co and its competitors. This is 213% above median its historical median of 6.59. According to the industry distribution chart, Internetworking and Broadband Consulting Co ranks #441 out of 2885 companies in the Software industry, placing it in the top 15.3%.
Is Internetworking and Broadband Consulting Co's ROA % too high?
Internetworking and Broadband Consulting Co's current ROA % of 20.61% is 213% above median its 10-year median of 6.59. The Software industry median ROA % is 1.68. Internetworking and Broadband Consulting Co's value of 20.61% is 1126.8% above this industry median. Based on the distribution chart, Internetworking and Broadband Consulting Co ranks #441 out of 2885 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Internetworking and Broadband Consulting Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Internetworking and Broadband Consulting Co's ROA % compare to IBM and ACN?
According to the Software industry distribution chart, Internetworking and Broadband Consulting Co ranks #441 out of 2885 companies for ROA %. This places Internetworking and Broadband Consulting Co in the top 15% of its industry — outperforming the majority of peers. The industry median ROA % is 1.68. Internetworking and Broadband Consulting Co's value of 20.61% is 1126.8% above this benchmark. While the company's 10-year median is 6.59 vs. the industry median of 1.68, Internetworking and Broadband Consulting 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. Internetworking and Broadband Consulting Co's current ROA % of 20.61% is 1126.8% 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 Internetworking and Broadband Consulting 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. Internetworking and Broadband Consulting Co's current ROA % is 20.61%, which is 213% above median its own 10-year median of 6.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Internetworking and Broadband Consulting Co stock overvalued right now?
Based on GuruFocus' analysis, Internetworking and Broadband Consulting Co (TSE:3920) is currently considered Modestly Overvalued. The stock's GF Value™ is 円850.63, compared to a current price of 円999.00 — trading 17.4% above its estimated fair value. The current ROA % is 20.61%, which is 213% above median its 10-year median of 6.59 and 1126.8% above the Software industry median of 1.68. Internetworking and Broadband Consulting Co's overall GF Score™ is 68/100 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 Internetworking and Broadband Consulting Co (TSE:3920), the current ROA % is 20.61% 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 Internetworking and Broadband Consulting Co (TSE:3920) Overvalued in 2026?

Based on GuruFocus' analysis, Internetworking and Broadband Consulting Co stock appears to be overvalued. The current stock price of 円999.00 is trading 17.4% above its estimated GF Value™ of 円850.63. GuruFocus considers Internetworking and Broadband Consulting Co to be Modestly Overvalued.

Key valuation signals for TSE:3920:

  • ROA %: 20.61% (213% above median its 10-year median of 6.59)
  • GF Value™: 円850.63 vs. price of 円999.00 (17.4% above fair value)
  • GF Score™: 68/100 with 1 warning sign
  • Industry Position: 1126.8% above the Software median (#441 of 2885)

No single metric tells the full story. See the TSE:3920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Internetworking and Broadband Consulting Co Business Description

Address Across Shinkawa Building 2nd Floor, 1-8-8, Shinkawa Chuo-ku, Tokyo, JPN, 104-0033
Internetworking and Broadband Consulting Co Ltd is engaged in the development of performance monitoring software for computers and network systems. It is also engaged in selling and maintenance of software and system performance consultancy and analysis. It provides performance evaluation of network system design and construction of network system design.
68GF Score

Get the complete analysis for TSE:3920

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

円999.00
Price
円850.63
GF Value