ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Vario Secure's annualizedNet Income for the quarter that ended in Feb. 2026 was 円-217 Mil.
Vario Secure's average Total Assets over the quarter that ended in Feb. 2026 was 円7,802 Mil. Therefore, Vario Secure's annualized ROA % for the quarter that ended in Feb. 2026 was -2.78%.
The historical rank and industry rank for Vario Secure's ROA % or its related term are showing as below:
TSE:4494'
s ROA % Range Over the Past 10 Years
Min: 0.95 Med: 4.46 Max: 7.62
Current: 1.37
During the past 9 years, Vario Secure's highest ROA % was 7.62%. The lowest was 0.95%. And the median was 4.46%.
TSE:4494's ROA % is ranked worse than 51.11% of 2886
companies
in the Software industry
Industry Median: 1.675
vs TSE:4494: 1.37
Vario Secure (TSE:4494) 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 (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 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.
Vario Secure ROA % Related Terms
Vario Secure ROA % Historical Data
* Premium members only.
The historical data trend for Vario Secure'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 Software - Infrastructure subindustry, Vario Secure'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.
Vario Secure ROA % vs Software Industry
For the Software industry and Technology sector, Vario Secure's ROA % distribution charts can be found below:
* The bar in red indicates where Vario Secure'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 (Feb. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Vario Secure (TSE:4494) has a ROA % of -2.78% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Vario Secure and its competitors. Over the past decade, Vario Secure's ROA % has ranged from 0.95 to 7.62. According to the industry distribution chart, Vario Secure ranks #1475 out of 2886 companies in the Software industry, placing it in the top 51.1%.
Is Vario Secure's ROA % too high?
Vario Secure's current ROA % is -2.78%. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 7.62. Based on the distribution chart, Vario Secure ranks #1475 out of 2886 companies in the Software industry, which is below the industry midpoint. Overall, Vario Secure has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vario Secure's ROA % compare to MSFT and ORCL?
According to the Software industry distribution chart, Vario Secure ranks #1475 out of 2886 companies for ROA %. This places Vario Secure in the lower half of its industry. The industry median ROA % is 1.68. Historically, Vario Secure's own ROA % has ranged from 0.95 to 7.62 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 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. 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 Vario Secure 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. Vario Secure's current ROA % is -2.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vario Secure stock overvalued right now?
Based on GuruFocus' analysis, Vario Secure (TSE:4494) is currently considered Modestly Undervalued. The stock's GF Value™ is 円760.08, compared to a current price of 円680.00 — trading 10.5% below its estimated fair value. The current ROA % is -2.78%. Vario Secure's overall GF Score™ is 50/100 with 5 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 Vario Secure (TSE:4494), the current ROA % is -2.78% as of Feb. 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 Vario Secure (TSE:4494) Overvalued in 2026?
Based on GuruFocus' analysis, Vario Secure stock appears to be undervalued.
The current stock price of 円680.00 is trading 10.5% below its estimated GF Value™ of 円760.08.
GuruFocus considers Vario Secure to be Modestly Undervalued.
Key valuation signals for TSE:4494:
ROA %: -2.78%
GF Value™: 円760.08 vs. price of 円680.00 (10.5% below fair value)
No single metric tells the full story. See the TSE:4494 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vario Secure Inc is engaged in providing internet security services that protect the network environment of enterprises from various threats arising from internet usage, by utilizing its in-house developed security instruments and operating system. The company provides one-stop security services, from installation and implementation to operation, monitoring, and support, for small and medium-sized enterprises that struggle to spare dedicated personnel for IT issues, which are becoming increasingly sophisticated and complicated daily. The Company operates in a single segment, the Internet security services business.
50GF Score
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