Toyo Drilube Co (TSE:4976) ROA %: 5.29% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4976 Toyo Drilube Co Ltd TSE:4976
69 GF Score
Price 円1,460.00
GF Value 円1,361.63
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Toyo Drilube Co ROA %?

Toyo Drilube Co TSE:4976 +0.34% 69 ROA % is 5.29% as of Mar. 2026, which is 4% above its 10-year median of 5.09. GuruFocus rates TSE:4976 with a GF Score™ of 69/100 and a GF Value™ of 円1,361.63 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,618 Chemicals companies, Toyo Drilube Co ranks better than 60.57% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Toyo Drilube Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円693 Mil. Toyo Drilube Co's average Total Assets over the quarter that ended in Mar. 2026 was 円13,104 Mil. Therefore, Toyo Drilube Co's annualized ROA % for the quarter that ended in Mar. 2026 was 5.29%.

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

TSE:4976' s ROA % Range Over the Past 10 Years
Min: 2.94   Med: 5.09   Max: 6.94
Current: 4.62

During the past 13 years, Toyo Drilube Co's highest ROA % was 6.94%. The lowest was 2.94%. And the median was 5.09%.

TSE:4976's ROA % is ranked better than
60.57% of 1618 companies
in the Chemicals industry
Industry Median: 3.39 vs TSE:4976: 4.62

Toyo Drilube Co  (TSE:4976) 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
=693.212/13103.527
=(Net Income / Revenue)*(Revenue / Total Assets)
=(693.212 / 5431.38)*(5431.38 / 13103.527)
=Net Margin %*Asset Turnover
=12.76 %*0.4145
=5.29 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


Toyo Drilube Co ROA % Related Terms


Toyo Drilube Co ROA % Historical Data

* Premium members only.

The historical data trend for Toyo Drilube 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.

Toyo Drilube Co ROA % Chart

Toyo Drilube Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.65 3.05 5.32 5.66 4.59

Toyo Drilube Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.70 3.54 5.41 5.29 4.27

TSE:4976 vs LIN, SHW, ECL: ROA % Comparison

For the Specialty Chemicals subindustry, Toyo Drilube 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.


Toyo Drilube Co ROA % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toyo Drilube Co's ROA % distribution charts can be found below:

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


TSE:4976
69GF Score
Toyo Drilube Co Ltd TSE:4976
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Drilube Co ROA % Calculation

Toyo Drilube Co's annualized ROA % for the fiscal year that ended in Jun. 2026 is calculated as:

ROA %=Net Income (A: Jun. 2026 )/( (Total Assets (A: Jun. 2025 )+Total Assets (A: Jun. 2026 ))/ count )
=603.753/( (12818.551+13469.639)/ 2 )
=603.753/13144.095
=4.59 %

Toyo Drilube Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=693.212/( (12916.889+13290.165)/ 2 )
=693.212/13103.527
=5.29 %

* 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 (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 5.29% mean?
Toyo Drilube Co (TSE:4976) has a ROA % of 5.29% 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 Toyo Drilube Co and its competitors. This is near median its historical median of 5.09. Over the past decade, Toyo Drilube Co's ROA % has ranged from 2.94 to 6.94. According to the industry distribution chart, Toyo Drilube Co ranks #638 out of 1618 companies in the Chemicals industry, placing it in the top 39.4%.
Is Toyo Drilube Co's ROA % too high?
Toyo Drilube Co's current ROA % of 5.29% is near median its 10-year median of 5.09. Over the past 10 years, this metric has ranged from a low of 2.94 to a high of 6.94. The Chemicals industry median ROA % is 3.39. Toyo Drilube Co's value of 5.29% is 56% above this industry median. Based on the distribution chart, Toyo Drilube Co ranks #638 out of 1618 companies in the Chemicals industry, which is above the industry midpoint. Overall, Toyo Drilube Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Drilube Co's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Toyo Drilube Co ranks #638 out of 1618 companies for ROA %. This puts Toyo Drilube Co in the upper half of its industry. The industry median ROA % is 3.39. Toyo Drilube Co's value of 5.29% is 56% above this benchmark. Historically, Toyo Drilube Co's own ROA % has ranged from 2.94 to 6.94 over the past decade. While the company's 10-year median is 5.09 vs. the industry median of 3.39, Toyo Drilube 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 Chemicals company?
The median ROA % among Chemicals companies is 3.39, based on 1,618 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. Toyo Drilube Co's current ROA % of 5.29% is 56% 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 Toyo Drilube Co and its competitors. For the Chemicals industry, the median ROA % is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Drilube Co's current ROA % is 5.29%, which is near median its own 10-year median of 5.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Drilube Co stock overvalued right now?
Based on GuruFocus' analysis, Toyo Drilube Co (TSE:4976) is currently considered Fairly Valued. The stock's GF Value™ is 円1,361.63, compared to a current price of 円1,460.00 — trading 7.2% above its estimated fair value. The current ROA % is 5.29%, which is near median its 10-year median of 5.09 and 56% above the Chemicals industry median of 3.39. Toyo Drilube Co's overall GF Score™ is 69/100 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 Toyo Drilube Co (TSE:4976), the current ROA % is 5.29% 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 Toyo Drilube Co (TSE:4976) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Drilube Co stock appears to be overvalued. The current stock price of 円1,460.00 is trading 7.2% above its estimated GF Value™ of 円1,361.63. GuruFocus considers Toyo Drilube Co to be Fairly Valued.

Key valuation signals for TSE:4976:

  • ROA %: 5.29% (near median its 10-year median of 5.09)
  • GF Value™: 円1,361.63 vs. price of 円1,460.00 (7.2% above fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 56% above the Chemicals median (#638 of 1618)

No single metric tells the full story. See the TSE:4976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Drilube Co Business Description

Address 1-26-4, Daizawa, Setagaya-ku, Tokyo, JPN, 155-0032
Toyo Drilube Co Ltd Is engaged in the research and development, manufacturing, coating processing, and sales of DrilubeR products.
69GF Score

Get the complete analysis for TSE:4976

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

円1,460.00
Price
円1,361.63
GF Value