Infcurion (TSE:438A) ROA %: 1.45% (As of Mar. 2026) — Near Median


TSE:438A Infcurion Inc TSE:438A
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What is Infcurion ROA %?

Infcurion TSE:438A +1.89% 11 ROA % is 1.45% as of Mar. 2026, which is 7% below its 10-year median of 1.56. GuruFocus rates TSE:438A with a GF Score™ of 11/100. The stock has 1 warning sign investors should review. Among 2,886 Software companies, Infcurion ranks better than 68.81% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Infcurion's annualized Net Income for the quarter that ended in Mar. 2026 was 円125 Mil. Infcurion's average Total Assets over the quarter that ended in Mar. 2026 was 円8,644 Mil. Therefore, Infcurion's annualized ROA % for the quarter that ended in Mar. 2026 was 1.45%.

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

TSE:438A' s ROA % Range Over the Past 10 Years
Min: -12.88   Med: 1.56   Max: 5.92
Current: 5.92

During the past 3 years, Infcurion's highest ROA % was 5.92%. The lowest was -12.88%. And the median was 1.56%.

TSE:438A's ROA % is ranked better than
68.81% of 2886 companies
in the Software industry
Industry Median: 1.675 vs TSE:438A: 5.92

Infcurion  (TSE:438A) 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
=125.074/8643.8015
=(Net Income / Revenue)*(Revenue / Total Assets)
=(125.074 / 10452.768)*(10452.768 / 8643.8015)
=Net Margin %*Asset Turnover
=1.2 %*1.2093
=1.45 %

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.


Infcurion ROA % Related Terms


Infcurion ROA % Historical Data

* Premium members only.

The historical data trend for Infcurion'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.

Infcurion ROA % Chart

Infcurion Annual Data
Trend Mar24 Mar25 Mar26
ROA %
-12.88 1.56 5.56

Infcurion Semi-Annual Data
Mar24 Mar25 Sep25 Mar26
ROA % 0.00 0.00 12.99 1.45

TSE:438A vs MSFT, ORCL, PLTR: ROA % Comparison

For the Software - Infrastructure subindustry, Infcurion'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.


Infcurion ROA % vs Software Industry

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

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


TSE:438A
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Infcurion Inc TSE:438A
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Infcurion ROA % Calculation

Infcurion'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 )
=444.634/( (5233.717+10759.163)/ 2 )
=444.634/7996.44
=5.56 %

Infcurion'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 )
=125.074/( (6528.44+10759.163)/ 2 )
=125.074/8643.8015
=1.45 %

* 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 1.45% mean?
Infcurion (TSE:438A) has a ROA % of 1.45% 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 Infcurion and its competitors. This is near median its historical median of 1.56. According to the industry distribution chart, Infcurion ranks #900 out of 2886 companies in the Software industry, placing it in the top 31.2%.
Is Infcurion's ROA % too high?
Infcurion's current ROA % of 1.45% is near median its 10-year median of 1.56. The Software industry median ROA % is 1.68. Infcurion's value of 1.45% is 13.4% below this industry median. Based on the distribution chart, Infcurion ranks #900 out of 2886 companies in the Software industry, which is above the industry midpoint. Overall, Infcurion has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Infcurion's ROA % compare to MSFT and ORCL?
According to the Software industry distribution chart, Infcurion ranks #900 out of 2886 companies for ROA %. This puts Infcurion in the upper half of its industry. The industry median ROA % is 1.68. Infcurion's value of 1.45% is 13.4% below this benchmark. While the company's 10-year median is 1.56 vs. the industry median of 1.68, Infcurion has consistently been below 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 2,886 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. Infcurion's current ROA % of 1.45% is 13.4% below 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 Infcurion 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. Infcurion's current ROA % is 1.45%, which is near median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infcurion stock overvalued right now?
Infcurion (TSE:438A) has a current ROA % of 1.45%. The current ROA % is 1.45%, which is near median its 10-year median of 1.56 and 13.4% below the Software industry median of 1.68. Infcurion's overall GF Score™ is 11/100 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 Infcurion (TSE:438A), the current ROA % is 1.45% 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.

Infcurion Business Description

Address 5-7-2, Kojimachi, MFPR Kojimachi Building, 7th Floor, Chiyoda-ku, Tokyo, JPN, 102-0083
Infcurion Inc is a Fintech solutions provider company. The group provides platforms and consulting support in finance, payment, and related fields. It enables any company to integrate new payment and financial services seamlessly into its core business.
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