TO Books (TSE:500A) ROA %: 15.44% (As of Apr. 2026) — Near Median

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TSE:500A TO Books Inc TSE:500A
23 GF Score
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What is TO Books ROA %?

TO Books TSE:500A -1.78% 23 ROA % is 15.44% as of Apr. 2026, which is 2% below its 10-year median of 15.79. GuruFocus rates TSE:500A with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 1,029 Media - Diversified companies, TO Books ranks better than 95.82% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. TO Books's annualized Net Income for the quarter that ended in Apr. 2026 was 円1,355 Mil. TO Books's average Total Assets over the quarter that ended in Apr. 2026 was 円8,777 Mil. Therefore, TO Books's annualized ROA % for the quarter that ended in Apr. 2026 was 15.44%.

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

TSE:500A' s ROA % Range Over the Past 10 Years
Min: 12.92   Med: 15.79   Max: 17.78
Current: 16.58

During the past 3 years, TO Books's highest ROA % was 17.78%. The lowest was 12.92%. And the median was 15.79%.

TSE:500A's ROA % is ranked better than
95.82% of 1029 companies
in the Media - Diversified industry
Industry Median: 0.74 vs TSE:500A: 16.58

TO Books  (TSE:500A) 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: Apr. 2026 )
=Net Income/Total Assets
=1354.916/8777.063
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1354.916 / 12642.712)*(12642.712 / 8777.063)
=Net Margin %*Asset Turnover
=10.72 %*1.4404
=15.44 %

Note: The Net Income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 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.


TO Books ROA % Related Terms


TO Books ROA % Historical Data

* Premium members only.

The historical data trend for TO Books'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.

TO Books ROA % Chart

TO Books Annual Data
Trend Apr24 Apr25 Apr26
ROA %
17.78 12.92 15.79

TO Books Semi-Annual Data
Apr24 Apr25 Oct25 Apr26
ROA % 0.00 0.00 19.08 15.44

TSE:500A vs NYT, WLY: ROA % Comparison

For the Publishing subindustry, TO Books'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.


TO Books ROA % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TO Books's ROA % distribution charts can be found below:

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


TSE:500A
23GF Score
TO Books Inc TSE:500A
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TO Books ROA % Calculation

TO Books's annualized ROA % for the fiscal year that ended in Apr. 2026 is calculated as:

ROA %=Net Income (A: Apr. 2026 )/( (Total Assets (A: Apr. 2025 )+Total Assets (A: Apr. 2026 ))/ count )
=1310.417/( (6160.64+10441.993)/ 2 )
=1310.417/8301.3165
=15.79 %

TO Books's annualized ROA % for the quarter that ended in Apr. 2026 is calculated as:

ROA %=Net Income (Q: Apr. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Apr. 2026 ))/ count )
=1354.916/( (7112.133+10441.993)/ 2 )
=1354.916/8777.063
=15.44 %

* 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 (Apr. 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 15.44% mean?
TO Books (TSE:500A) has a ROA % of 15.44% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on TO Books and its competitors. This is near median its historical median of 15.79. Over the past decade, TO Books' ROA % has ranged from 12.92 to 17.78. According to the industry distribution chart, TO Books ranks #43 out of 1029 companies in the Media - Diversified industry, placing it in the top 4.2%.
Is TO Books' ROA % too high?
TO Books' current ROA % of 15.44% is near median its 10-year median of 15.79. Over the past 10 years, this metric has ranged from a low of 12.92 to a high of 17.78. The Media - Diversified industry median ROA % is 0.74. TO Books' value of 15.44% is 1986.5% above this industry median. Based on the distribution chart, TO Books ranks #43 out of 1029 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, TO Books has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does TO Books' ROA % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, TO Books ranks #43 out of 1029 companies for ROA %. This places TO Books in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 0.74. TO Books' value of 15.44% is 1986.5% above this benchmark. Historically, TO Books' own ROA % has ranged from 12.92 to 17.78 over the past decade. While the company's 10-year median is 15.79 vs. the industry median of 0.74, TO Books 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 Media - Diversified company?
The median ROA % among Media - Diversified companies is 0.74, based on 1,029 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. TO Books's current ROA % of 15.44% is 1986.5% 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 TO Books and its competitors. For the Media - Diversified industry, the median ROA % is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TO Books's current ROA % is 15.44%, which is near median its own 10-year median of 15.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TO Books stock overvalued right now?
TO Books (TSE:500A) has a current ROA % of 15.44%. The current ROA % is 15.44%, which is near median its 10-year median of 15.79 and 1986.5% above the Media - Diversified industry median of 0.74. TO Books' overall GF Score™ is 23/100 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 TO Books (TSE:500A), the current ROA % is 15.44% as of Apr. 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.

TO Books Business Description

Address 1-1 Sakuragaoka-cho, Shibuya-ku, Shibuya Tower 38th floor, Tokyo, JPN, 150-6238
TO Books Inc operates a content production business focused on the planning and editing of light novels and comics, with activities extending to animation, stage productions, and related merchandise.
23GF Score

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