Pack (TSE:3950) ROA %: 10.20% (As of Dec. 2025) — 75% Above Median


TSE:3950 Pack Corp TSE:3950
77 GF Score
Price 円1,390.00
GF Value 円1,257.47
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Pack ROA %?

Pack TSE:3950 +1.39% 77 ROA % is 10.20% as of Dec. 2025, which is 75% above its 10-year median of 5.83. GuruFocus rates TSE:3950 with a GF Score™ of 77/100 and a GF Value™ of 円1,257.47 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 397 Packaging & Containers companies, Pack ranks better than 76.57% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Pack's annualized Net Income for the quarter that ended in Dec. 2025 was 円10,312 Mil. Pack's average Total Assets over the quarter that ended in Dec. 2025 was 円101,136 Mil. Therefore, Pack's annualized ROA % for the quarter that ended in Dec. 2025 was 10.20%.

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

TSE:3950' s ROA % Range Over the Past 10 Years
Min: 2.78   Med: 5.83   Max: 6.58
Current: 5.97

During the past 13 years, Pack's highest ROA % was 6.58%. The lowest was 2.78%. And the median was 5.83%.

TSE:3950's ROA % is ranked better than
76.57% of 397 companies
in the Packaging & Containers industry
Industry Median: 2.73 vs TSE:3950: 5.97

Pack  (TSE:3950) 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: Dec. 2025 )
=Net Income/Total Assets
=10312/101135.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(10312 / 126088)*(126088 / 101135.5)
=Net Margin %*Asset Turnover
=8.18 %*1.2467
=10.20 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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.


Pack ROA % Related Terms


Pack ROA % Historical Data

* Premium members only.

The historical data trend for Pack'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.

Pack ROA % Chart

Pack Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.30 4.46 5.85 6.25 5.81

Pack Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 3.99 5.89 4.14 10.20 3.44

TSE:3950 vs SW, PKG, IP: ROA % Comparison

For the Packaging & Containers subindustry, Pack'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.


Pack ROA % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Pack's ROA % distribution charts can be found below:

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


TSE:3950
77GF Score
Pack Corp TSE:3950
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pack ROA % Calculation

Pack's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=6024/( (103292+104212)/ 2 )
=6024/103752
=5.81 %

Pack's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=10312/( (98059+104212)/ 2 )
=10312/101135.5
=10.20 %

* 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 (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 10.20% mean?
Pack (TSE:3950) has a ROA % of 10.20% 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 Pack and its competitors. This is 75% above median its historical median of 5.83. Over the past decade, Pack's ROA % has ranged from 2.78 to 6.58. According to the industry distribution chart, Pack ranks #93 out of 397 companies in the Packaging & Containers industry, placing it in the top 23.4%.
Is Pack's ROA % too high?
Pack's current ROA % of 10.20% is 75% above median its 10-year median of 5.83. Over the past 10 years, this metric has ranged from a low of 2.78 to a high of 6.58. The Packaging & Containers industry median ROA % is 2.73. Pack's value of 10.20% is 273.6% above this industry median. Based on the distribution chart, Pack ranks #93 out of 397 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Pack has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pack's ROA % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Pack ranks #93 out of 397 companies for ROA %. This places Pack in the top 23% of its industry — outperforming the majority of peers. The industry median ROA % is 2.73. Pack's value of 10.20% is 273.6% above this benchmark. Historically, Pack's own ROA % has ranged from 2.78 to 6.58 over the past decade. While the company's 10-year median is 5.83 vs. the industry median of 2.73, Pack 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 Packaging & Containers company?
The median ROA % among Packaging & Containers companies is 2.73, based on 397 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. Pack's current ROA % of 10.20% is 273.6% 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 Pack and its competitors. For the Packaging & Containers industry, the median ROA % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pack's current ROA % is 10.20%, which is 75% above median its own 10-year median of 5.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pack stock overvalued right now?
Based on GuruFocus' analysis, Pack (TSE:3950) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,257.47, compared to a current price of 円1,390.00 — trading 10.5% above its estimated fair value. The current ROA % is 10.20%, which is 75% above median its 10-year median of 5.83 and 273.6% above the Packaging & Containers industry median of 2.73. Pack's overall GF Score™ is 77/100 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 Pack (TSE:3950), the current ROA % is 10.20% 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.

Is Pack (TSE:3950) Overvalued in 2026?

Based on GuruFocus' analysis, Pack stock appears to be overvalued. The current stock price of 円1,390.00 is trading 10.5% above its estimated GF Value™ of 円1,257.47. GuruFocus considers Pack to be Modestly Overvalued.

Key valuation signals for TSE:3950:

  • ROA %: 10.20% (75% above median its 10-year median of 5.83)
  • GF Value™: 円1,257.47 vs. price of 円1,390.00 (10.5% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 273.6% above the Packaging & Containers median (#93 of 397)

No single metric tells the full story. See the TSE:3950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pack Business Description

Address 2-9-3 Higashikobashi, Higashinari-ku, Osaka, JPN, 530-6020
Pack Corp is a paper and chemical products company. It manufactures and sells paper products, chemical products, and other goods, as well as related research, logistics, and services. The product portfolio of the company include paper bags, printed paper containers, corrugated cardboard, plastic bags, tailor bags, price tags, design work, advertising materials, etc.
77GF Score

Get the complete analysis for TSE:3950

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

円1,390.00
Price
円1,257.47
GF Value