Startline Co (TSE:477A) ROA %: 10.34% (As of Mar. 2026) — 275% Above Median


TSE:477A Startline Co Ltd TSE:477A
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What is Startline Co ROA %?

Startline Co TSE:477A +1.20% 7 ROA % is 10.34% as of Mar. 2026, which is 275% above its 10-year median of 2.76. GuruFocus rates TSE:477A with a GF Score™ of 7/100. The stock has 3 warning signs investors should review. Among 1,095 Business Services companies, Startline Co ranks better than 68.31% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Startline Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円742 Mil. Startline Co's average Total Assets over the quarter that ended in Mar. 2026 was 円7,169 Mil. Therefore, Startline Co's annualized ROA % for the quarter that ended in Mar. 2026 was 10.34%.

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

TSE:477A' s ROA % Range Over the Past 10 Years
Min: 0.85   Med: 2.76   Max: 6.51
Current: 6.51

During the past 3 years, Startline Co's highest ROA % was 6.51%. The lowest was 0.85%. And the median was 2.76%.

TSE:477A's ROA % is ranked better than
68.31% of 1095 companies
in the Business Services industry
Industry Median: 3.41 vs TSE:477A: 6.51

Startline Co  (TSE:477A) 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
=741.612/7169.0595
=(Net Income / Revenue)*(Revenue / Total Assets)
=(741.612 / 5975.07)*(5975.07 / 7169.0595)
=Net Margin %*Asset Turnover
=12.41 %*0.8335
=10.34 %

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.


Startline Co ROA % Related Terms


Startline Co ROA % Historical Data

* Premium members only.

The historical data trend for Startline 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.

Startline Co ROA % Chart

Startline Co Annual Data
Trend Mar24 Mar25 Mar26
ROA %
0.85 2.76 6.26

Startline Co Semi-Annual Data
Mar24 Mar25 Sep25 Mar26
ROA % 0.00 0.00 2.13 10.34

TSE:477A vs CTAS, CPRT, ULS: ROA % Comparison

For the Specialty Business Services subindustry, Startline 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.


Startline Co ROA % vs Business Services Industry

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

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


TSE:477A
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Startline Co Ltd TSE:477A
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Startline Co ROA % Calculation

Startline 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 )
=433.386/( (5637.14+8217.154)/ 2 )
=433.386/6927.147
=6.26 %

Startline 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 )
=741.612/( (6120.965+8217.154)/ 2 )
=741.612/7169.0595
=10.34 %

* 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 10.34% mean?
Startline Co (TSE:477A) has a ROA % of 10.34% 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 Startline Co and its competitors. This is 275% above median its historical median of 2.76. Over the past decade, Startline Co's ROA % has ranged from 0.85 to 6.51. According to the industry distribution chart, Startline Co ranks #347 out of 1095 companies in the Business Services industry, placing it in the top 31.7%.
Is Startline Co's ROA % too high?
Startline Co's current ROA % of 10.34% is 275% above median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 6.51. The Business Services industry median ROA % is 3.41. Startline Co's value of 10.34% is 203.2% above this industry median. Based on the distribution chart, Startline Co ranks #347 out of 1095 companies in the Business Services industry, which is above the industry midpoint. Overall, Startline Co has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Startline Co's ROA % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Startline Co ranks #347 out of 1095 companies for ROA %. This puts Startline Co in the upper half of its industry. The industry median ROA % is 3.41. Startline Co's value of 10.34% is 203.2% above this benchmark. Historically, Startline Co's own ROA % has ranged from 0.85 to 6.51 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 3.41, Startline 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 3.41, based on 1,095 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. Startline Co's current ROA % of 10.34% is 203.2% 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 Startline Co and its competitors. For the Business Services industry, the median ROA % is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Startline Co's current ROA % is 10.34%, which is 275% above median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Startline Co stock overvalued right now?
Startline Co (TSE:477A) has a current ROA % of 10.34%. The current ROA % is 10.34%, which is 275% above median its 10-year median of 2.76 and 203.2% above the Business Services industry median of 3.41. Startline Co's overall GF Score™ is 7/100 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 Startline Co (TSE:477A), the current ROA % is 10.34% 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.

Startline Co Business Description

Address 1-12-17 Kamirenjaku, Mitaka Business Park Building 1, 3rd Floor, Mitaka-shi, Tokyo, JPN, 181-0012
Startline Co Ltd is engaged in employment and vocational support services for persons with disabilities.
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