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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. M - mart's annualizedNet Income for the quarter that ended in Jan. 2026 was 円0.0 Mil.
M - mart's average Total Assets over the quarter that ended in Jan. 2026 was 円3,047.2 Mil. Therefore, M - mart's annualized ROA % for the quarter that ended in Jan. 2026 was 0.00%.
The historical rank and industry rank for M - mart's ROA % or its related term are showing as below:
TSE:4380'
s ROA % Range Over the Past 10 Years
Min: 7.48 Med: 12.72 Max: 19.82
Current: 7.48
During the past 11 years, M - mart's highest ROA % was 19.82%. The lowest was 7.48%. And the median was 12.72%.
TSE:4380's ROA % is ranked better than 78.27% of 313
companies
in the Retail - Defensive industry
Industry Median: 3.55
vs TSE:4380: 7.48
M - mart (TSE:4380) 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 four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 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.
M - mart ROA % Related Terms
M - mart ROA % Historical Data
* Premium members only.
The historical data trend for M - mart'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 Grocery Stores subindustry, M - mart'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.
M - mart ROA % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, M - mart's ROA % distribution charts can be found below:
* The bar in red indicates where M - mart'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 four times the quarterly (Jan. 2026) net income data.
ROA % is displayed in the 30-year financial page.
M - mart (TSE:4380) has a ROA % of 0.00% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on M - mart and its competitors. Over the past decade, M - mart's ROA % has ranged from 7.48 to 19.82. According to the industry distribution chart, M - mart ranks #68 out of 313 companies in the Retail - Defensive industry, placing it in the top 21.7%.
Is M - mart's ROA % too high?
M - mart's current ROA % is 0.00%. Over the past 10 years, this metric has ranged from a low of 7.48 to a high of 19.82. Based on the distribution chart, M - mart ranks #68 out of 313 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, M - mart has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does M - mart's ROA % compare to KR?
According to the Retail - Defensive industry distribution chart, M - mart ranks #68 out of 313 companies for ROA %. This places M - mart in the top 22% of its industry — outperforming the majority of peers. The industry median ROA % is 3.55. Historically, M - mart's own ROA % has ranged from 7.48 to 19.82 over the past decade. 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 Retail - Defensive company?
The median ROA % among Retail - Defensive companies is 3.55, based on 313 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. 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 M - mart and its competitors. For the Retail - Defensive industry, the median ROA % is 3.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M - mart's current ROA % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M - mart stock overvalued right now?
Based on GuruFocus' analysis, M - mart (TSE:4380) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,563.77, compared to a current price of 円1,200.00 — trading 23.3% below its estimated fair value. The current ROA % is 0.00%. M - mart's overall GF Score™ is 85/100 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 M - mart (TSE:4380), the current ROA % is 0.00% as of Jan. 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 M - mart (TSE:4380) Overvalued in 2026?
Based on GuruFocus' analysis, M - mart stock appears to be undervalued.
The current stock price of 円1,200.00 is trading 23.3% below its estimated GF Value™ of 円1,563.77.
GuruFocus considers M - mart to be Modestly Undervalued.
Key valuation signals for TSE:4380:
ROA %: 0.00%
GF Value™: 円1,563.77 vs. price of 円1,200.00 (23.3% below fair value)
No single metric tells the full story. See the TSE:4380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M - mart Inc is engaged in the business of wholesales and distribution of food products online. The company provides seafood, marine products, agricultural products, meat, beverages, condiments, cooked food, beverages, and other products. It markets its products throughout Japan.
85GF Score
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