Double Standard (TSE:3925) ROA %: 16.83% (As of Mar. 2026) — 36% Below Median

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TSE:3925 Double Standard Inc TSE:3925
71 GF Score
Price 円1,229.00
GF Value 円1,563.59
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Double Standard ROA %?

Double Standard TSE:3925 +0.74% 71 ROA % is 16.83% as of Mar. 2026, which is 36% below its 10-year median of 26.20. GuruFocus rates TSE:3925 with a GF Score™ of 71/100 and a GF Value™ of 円1,563.59 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,892 Software companies, Double Standard ranks better than 91.91% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Double Standard's annualized Net Income for the quarter that ended in Mar. 2026 was 円1,193 Mil. Double Standard's average Total Assets over the quarter that ended in Mar. 2026 was 円7,088 Mil. Therefore, Double Standard's annualized ROA % for the quarter that ended in Mar. 2026 was 16.83%.

The historical rank and industry rank for Double Standard's ROA % or its related term are showing as below:

TSE:3925' s ROA % Range Over the Past 10 Years
Min: 14.86   Med: 26.2   Max: 32.29
Current: 15.31

During the past 12 years, Double Standard's highest ROA % was 32.29%. The lowest was 14.86%. And the median was 26.20%.

TSE:3925's ROA % is ranked better than
91.91% of 2892 companies
in the Software industry
Industry Median: 1.705 vs TSE:3925: 15.31

Double Standard  (TSE:3925) 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
=1193.174/7087.607
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1193.174 / 7899.858)*(7899.858 / 7087.607)
=Net Margin %*Asset Turnover
=15.1 %*1.1146
=16.83 %

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.


Double Standard ROA % Related Terms


Double Standard ROA % Historical Data

* Premium members only.

The historical data trend for Double Standard'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.

Double Standard ROA % Chart

Double Standard Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.34 32.29 27.13 25.26 14.86

Double Standard Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 33.53 24.86 27.64 14.28 16.83

TSE:3925 vs IBM, ACN, FISV: ROA % Comparison

For the Information Technology Services subindustry, Double Standard'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.


Double Standard ROA % vs Software Industry

For the Software industry and Technology sector, Double Standard's ROA % distribution charts can be found below:

* The bar in red indicates where Double Standard's ROA % falls into.


TSE:3925
71GF Score
Double Standard Inc TSE:3925
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Double Standard ROA % Calculation

Double Standard's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=1107.622/( (7526.06+7383.191)/ 2 )
=1107.622/7454.6255
=14.86 %

Double Standard's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1193.174/( (6792.023+7383.191)/ 2 )
=1193.174/7087.607
=16.83 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 16.83% mean?
Double Standard (TSE:3925) has a ROA % of 16.83% 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 Double Standard and its competitors. This is 36% below median its historical median of 26.20. Over the past decade, Double Standard's ROA % has ranged from 14.86 to 32.29. According to the industry distribution chart, Double Standard ranks #234 out of 2892 companies in the Software industry, placing it in the top 8.1%.
Is Double Standard's ROA % too high?
Double Standard's current ROA % of 16.83% is 36% below median its 10-year median of 26.20. Over the past 10 years, this metric has ranged from a low of 14.86 to a high of 32.29. The Software industry median ROA % is 1.71. Double Standard's value of 16.83% is 887.1% above this industry median. Based on the distribution chart, Double Standard ranks #234 out of 2892 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Double Standard has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Double Standard's ROA % compare to IBM and ACN?
According to the Software industry distribution chart, Double Standard ranks #234 out of 2892 companies for ROA %. This places Double Standard in the top 8% of its industry — outperforming the majority of peers. The industry median ROA % is 1.71. Double Standard's value of 16.83% is 887.1% above this benchmark. Historically, Double Standard's own ROA % has ranged from 14.86 to 32.29 over the past decade. While the company's 10-year median is 26.20 vs. the industry median of 1.71, Double Standard 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 1.71, based on 2,892 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. Double Standard's current ROA % of 16.83% is 887.1% 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 Double Standard and its competitors. For the Software industry, the median ROA % is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Double Standard's current ROA % is 16.83%, which is 36% below median its own 10-year median of 26.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Double Standard stock overvalued right now?
Based on GuruFocus' analysis, Double Standard (TSE:3925) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,563.59, compared to a current price of 円1,229.00 — trading 21.4% below its estimated fair value. The current ROA % is 16.83%, which is 36% below median its 10-year median of 26.20 and 887.1% above the Software industry median of 1.71. Double Standard'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 Double Standard (TSE:3925), the current ROA % is 16.83% 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 Double Standard (TSE:3925) Overvalued in 2026?

Based on GuruFocus' analysis, Double Standard stock appears to be undervalued. The current stock price of 円1,229.00 is trading 21.4% below its estimated GF Value™ of 円1,563.59. GuruFocus considers Double Standard to be Modestly Undervalued.

Key valuation signals for TSE:3925:

  • ROA %: 16.83% (36% below median its 10-year median of 26.20)
  • GF Value™: 円1,563.59 vs. price of 円1,229.00 (21.4% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 887.1% above the Software median (#234 of 2892)

No single metric tells the full story. See the TSE:3925 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Double Standard Business Description

Address 2-2-3 Minamiaoyama, 4th Floor, Hulic Aoyama Gaien Higashidori Building, Minato-ku, Tokyo, JPN, 107-0062
Double Standard Inc is a business support company that generates and provides enterprise Big data. It also provides service planning and system development services using technology developed in the data generation process. The company operates through two business divisions: Big Data related business and the Services Planning Development business. The Big Data related business mainly provides customers the data related to operation support and business reduction, as well as the high utilization value content, among others. The Services Planning Development business mainly provides services based on the research of the way customer and enterprise business process, using information collection, processing, and matching, as well as data cleansing technology.
71GF Score

Get the complete analysis for TSE:3925

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

円1,229.00
Price
円1,563.59
GF Value