Benefit Japan CoTSE:3934 +0.45%81 ROA % is 8.43% as of Mar. 2026, which is 24% below its 10-year median of 11.16. GuruFocus rates TSE:3934 with a GF Score™ of 81/100 and a GF Value™ of 円1,882.52 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 365 Telecommunication Services companies, Benefit Japan Co ranks better than 79.18% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Benefit Japan Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円1,128 Mil.
Benefit Japan Co's average Total Assets over the quarter that ended in Mar. 2026 was 円13,386 Mil. Therefore, Benefit Japan Co's annualized ROA % for the quarter that ended in Mar. 2026 was 8.43%.
The historical rank and industry rank for Benefit Japan Co's ROA % or its related term are showing as below:
TSE:3934'
s ROA % Range Over the Past 10 Years
Min: 5.54 Med: 11.16 Max: 14.05
Current: 7.73
During the past 12 years, Benefit Japan Co's highest ROA % was 14.05%. The lowest was 5.54%. And the median was 11.16%.
TSE:3934's ROA % is ranked better than 79.18% of 365
companies
in the Telecommunication Services industry
Industry Median: 2.79
vs TSE:3934: 7.73
Benefit Japan Co (TSE:3934) 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.
Benefit Japan Co ROA % Related Terms
Benefit Japan Co ROA % Historical Data
* Premium members only.
The historical data trend for Benefit Japan 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 Telecom Services subindustry, Benefit Japan 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.
Benefit Japan Co ROA % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Benefit Japan Co's ROA % distribution charts can be found below:
* The bar in red indicates where Benefit Japan 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.
Benefit Japan Co (TSE:3934) has a ROA % of 8.43% 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 Benefit Japan Co and its competitors. This is 24% below median its historical median of 11.16. Over the past decade, Benefit Japan Co's ROA % has ranged from 5.54 to 14.05. According to the industry distribution chart, Benefit Japan Co ranks #76 out of 365 companies in the Telecommunication Services industry, placing it in the top 20.8%.
Is Benefit Japan Co's ROA % too high?
Benefit Japan Co's current ROA % of 8.43% is 24% below median its 10-year median of 11.16. Over the past 10 years, this metric has ranged from a low of 5.54 to a high of 14.05. The Telecommunication Services industry median ROA % is 2.79. Benefit Japan Co's value of 8.43% is 202.2% above this industry median. Based on the distribution chart, Benefit Japan Co ranks #76 out of 365 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Benefit Japan Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Benefit Japan Co's ROA % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Benefit Japan Co ranks #76 out of 365 companies for ROA %. This places Benefit Japan Co in the top 21% of its industry — outperforming the majority of peers. The industry median ROA % is 2.79. Benefit Japan Co's value of 8.43% is 202.2% above this benchmark. Historically, Benefit Japan Co's own ROA % has ranged from 5.54 to 14.05 over the past decade. While the company's 10-year median is 11.16 vs. the industry median of 2.79, Benefit Japan 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 Telecommunication Services company?
The median ROA % among Telecommunication Services companies is 2.79, based on 365 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. Benefit Japan Co's current ROA % of 8.43% is 202.2% 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 Benefit Japan Co and its competitors. For the Telecommunication Services industry, the median ROA % is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Benefit Japan Co's current ROA % is 8.43%, which is 24% below median its own 10-year median of 11.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Benefit Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Benefit Japan Co (TSE:3934) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,882.52, compared to a current price of 円2,215.00 — trading 17.7% above its estimated fair value. The current ROA % is 8.43%, which is 24% below median its 10-year median of 11.16 and 202.2% above the Telecommunication Services industry median of 2.79. Benefit Japan Co's overall GF Score™ is 81/100 with 3 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 Benefit Japan Co (TSE:3934), the current ROA % is 8.43% 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 Benefit Japan Co (TSE:3934) Overvalued in 2026?
Based on GuruFocus' analysis, Benefit Japan Co stock appears to be overvalued.
The current stock price of 円2,215.00 is trading 17.7% above its estimated GF Value™ of 円1,882.52.
GuruFocus considers Benefit Japan Co to be Modestly Overvalued.
Key valuation signals for TSE:3934:
ROA %: 8.43% (24% below median its 10-year median of 11.16)
GF Value™: 円1,882.52 vs. price of 円2,215.00 (17.7% above fair value)
Industry Position: 202.2% above the Telecommunication Services median (#76 of 365)
No single metric tells the full story. See the TSE:3934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Benefit Japan Co Ltd provides communication services. The company is a mobile virtual network operator, as well as an FVNO (virtual fixed-line telecommunications operator) servicer and provides internet options services and content, and support services. It provides its services under the Only Service brand name. The company's reportable segments are the Internet communication services business and the robotics business. The company generates the majority of its revenue from the Internet communication services business.
81GF Score
Get the complete analysis for TSE:3934
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:3934 has been successfully added to your 
