F&M Co (TSE:4771) ROA %: 22.51% (As of Mar. 2026) — 94% Above Median


TSE:4771 F&M Co Ltd TSE:4771
88 GF Score
Price 円2,435.00
GF Value 円2,978.73
Valuation Modestly Undervalued
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What is F&M Co ROA %?

F&M Co TSE:4771 +1.12% 88 ROA % is 22.51% as of Mar. 2026, which is 94% above its 10-year median of 11.59. GuruFocus rates TSE:4771 with a GF Score™ of 88/100 and a GF Value™ of 円2,978.73 (Modestly Undervalued). Among 1,096 Business Services companies, F&M Co ranks better than 91.79% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. F&M Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円4,356 Mil. F&M Co's average Total Assets over the quarter that ended in Mar. 2026 was 円19,354 Mil. Therefore, F&M Co's annualized ROA % for the quarter that ended in Mar. 2026 was 22.51%.

The historical rank and industry rank for F&M Co's ROA % or its related term are showing as below:

TSE:4771' s ROA % Range Over the Past 10 Years
Min: 7.44   Med: 11.59   Max: 15.13
Current: 15.13

During the past 13 years, F&M Co's highest ROA % was 15.13%. The lowest was 7.44%. And the median was 11.59%.

TSE:4771's ROA % is ranked better than
91.79% of 1096 companies
in the Business Services industry
Industry Median: 3.455 vs TSE:4771: 15.13

F&M Co  (TSE:4771) 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
=4356.288/19353.821
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4356.288 / 23702.58)*(23702.58 / 19353.821)
=Net Margin %*Asset Turnover
=18.38 %*1.2247
=22.51 %

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.


F&M Co ROA % Related Terms


F&M Co ROA % Historical Data

* Premium members only.

The historical data trend for F&M 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.

F&M Co ROA % Chart

F&M Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.21 14.71 11.20 11.16 14.89

F&M Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 13.17 5.30 17.27 7.32 22.51

TSE:4771 vs CTAS, CPRT, ULS: ROA % Comparison

For the Specialty Business Services subindustry, F&M 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.


F&M Co ROA % vs Business Services Industry

For the Business Services industry and Industrials sector, F&M Co's ROA % distribution charts can be found below:

* The bar in red indicates where F&M Co's ROA % falls into.


TSE:4771
88GF Score
F&M Co Ltd TSE:4771
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

F&M Co ROA % Calculation

F&M Co'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 )
=2825.711/( (17305.714+20642.114)/ 2 )
=2825.711/18973.914
=14.89 %

F&M Co'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 )
=4356.288/( (18065.528+20642.114)/ 2 )
=4356.288/19353.821
=22.51 %

* 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 22.51% mean?
F&M Co (TSE:4771) has a ROA % of 22.51% 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 F&M Co and its competitors. This is 94% above median its historical median of 11.59. Over the past decade, F&M Co's ROA % has ranged from 7.44 to 15.13. According to the industry distribution chart, F&M Co ranks #90 out of 1096 companies in the Business Services industry, placing it in the top 8.2%.
Is F&M Co's ROA % too high?
F&M Co's current ROA % of 22.51% is 94% above median its 10-year median of 11.59. Over the past 10 years, this metric has ranged from a low of 7.44 to a high of 15.13. The Business Services industry median ROA % is 3.46. F&M Co's value of 22.51% is 551.5% above this industry median. Based on the distribution chart, F&M Co ranks #90 out of 1096 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, F&M Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does F&M Co's ROA % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, F&M Co ranks #90 out of 1096 companies for ROA %. This places F&M Co in the top 8% of its industry — outperforming the majority of peers. The industry median ROA % is 3.46. F&M Co's value of 22.51% is 551.5% above this benchmark. Historically, F&M Co's own ROA % has ranged from 7.44 to 15.13 over the past decade. While the company's 10-year median is 11.59 vs. the industry median of 3.46, F&M 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 Business Services company?
The median ROA % among Business Services companies is 3.46, based on 1,096 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. F&M Co's current ROA % of 22.51% is 551.5% 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 F&M Co and its competitors. For the Business Services industry, the median ROA % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. F&M Co's current ROA % is 22.51%, which is 94% above median its own 10-year median of 11.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is F&M Co stock overvalued right now?
Based on GuruFocus' analysis, F&M Co (TSE:4771) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,978.73, compared to a current price of 円2,435.00 — trading 18.3% below its estimated fair value. The current ROA % is 22.51%, which is 94% above median its 10-year median of 11.59 and 551.5% above the Business Services industry median of 3.46. F&M Co's overall GF Score™ is 88/100. 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 F&M Co (TSE:4771), the current ROA % is 22.51% 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 F&M Co (TSE:4771) Overvalued in 2026?

Based on GuruFocus' analysis, F&M Co stock appears to be undervalued. The current stock price of 円2,435.00 is trading 18.3% below its estimated GF Value™ of 円2,978.73. GuruFocus considers F&M Co to be Modestly Undervalued.

Key valuation signals for TSE:4771:

  • ROA %: 22.51% (94% above median its 10-year median of 11.59)
  • GF Value™: 円2,978.73 vs. price of 円2,435.00 (18.3% below fair value)
  • GF Score™: 88/100
  • Industry Position: 551.5% above the Business Services median (#90 of 1096)

No single metric tells the full story. See the TSE:4771 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


F&M Co Business Description

Address 1-23-38 Esaka-Cho, Suita, Osaka, JPN, 564-0063
F&M Co Ltd is engaged in providing accounting services for small companies, medium sized enterprise management support services, and social insurance labor service office support services.
88GF Score

Get the complete analysis for TSE:4771

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

円2,435.00
Price
円2,978.73
GF Value