Rebase (TSE:5138) ROA %: 2.74% (As of Mar. 2026) — 84% Below Median


TSE:5138 Rebase Inc TSE:5138
72 GF Score
Price 円369.00
GF Value 円1,592.82
Valuation Possible Value Trap
! 5 Warning Signs
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What is Rebase ROA %?

Rebase TSE:5138 -0.27% 72 ROA % is 2.74% as of Mar. 2026, which is 84% below its 10-year median of 17.61. GuruFocus rates TSE:5138 with a GF Score™ of 72/100 and a GF Value™ of 円1,592.82 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 568 Interactive Media companies, Rebase ranks better than 62.68% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Rebase's annualized Net Income for the quarter that ended in Mar. 2026 was 円56 Mil. Rebase's average Total Assets over the quarter that ended in Mar. 2026 was 円2,029 Mil. Therefore, Rebase's annualized ROA % for the quarter that ended in Mar. 2026 was 2.74%.

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

TSE:5138' s ROA % Range Over the Past 10 Years
Min: 3.52   Med: 17.61   Max: 21.17
Current: 3.71

During the past 6 years, Rebase's highest ROA % was 21.17%. The lowest was 3.52%. And the median was 17.61%.

TSE:5138's ROA % is ranked better than
62.68% of 568 companies
in the Interactive Media industry
Industry Median: 0.675 vs TSE:5138: 3.71

Rebase  (TSE:5138) 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
=55.628/2029.2715
=(Net Income / Revenue)*(Revenue / Total Assets)
=(55.628 / 2360.134)*(2360.134 / 2029.2715)
=Net Margin %*Asset Turnover
=2.36 %*1.163
=2.74 %

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.


Rebase ROA % Related Terms


Rebase ROA % Historical Data

* Premium members only.

The historical data trend for Rebase'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.

Rebase ROA % Chart

Rebase Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial 21.17 16.90 17.97 21.17 3.52

Rebase Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.74 17.84 25.38 4.98 2.74

TSE:5138 vs GOOGL, META, SPOT: ROA % Comparison

For the Internet Content & Information subindustry, Rebase'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.


Rebase ROA % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Rebase's ROA % distribution charts can be found below:

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


TSE:5138
72GF Score
Rebase Inc TSE:5138
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rebase ROA % Calculation

Rebase'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 )
=74.488/( (1962.103+2272.816)/ 2 )
=74.488/2117.4595
=3.52 %

Rebase'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 )
=55.628/( (1785.727+2272.816)/ 2 )
=55.628/2029.2715
=2.74 %

* 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 2.74% mean?
Rebase (TSE:5138) has a ROA % of 2.74% 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 Rebase and its competitors. This is 84% below median its historical median of 17.61. Over the past decade, Rebase's ROA % has ranged from 3.52 to 21.17. According to the industry distribution chart, Rebase ranks #212 out of 568 companies in the Interactive Media industry, placing it in the top 37.3%.
Is Rebase's ROA % too high?
Rebase's current ROA % of 2.74% is 84% below median its 10-year median of 17.61. Over the past 10 years, this metric has ranged from a low of 3.52 to a high of 21.17. The Interactive Media industry median ROA % is 0.68. Rebase's value of 2.74% is 305.9% above this industry median. Based on the distribution chart, Rebase ranks #212 out of 568 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Rebase has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rebase's ROA % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Rebase ranks #212 out of 568 companies for ROA %. This puts Rebase in the upper half of its industry. The industry median ROA % is 0.68. Rebase's value of 2.74% is 305.9% above this benchmark. Historically, Rebase's own ROA % has ranged from 3.52 to 21.17 over the past decade. While the company's 10-year median is 17.61 vs. the industry median of 0.68, Rebase 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 an Interactive Media company?
The median ROA % among Interactive Media companies is 0.68, based on 568 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. Rebase's current ROA % of 2.74% is 305.9% 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 Rebase and its competitors. For the Interactive Media industry, the median ROA % is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rebase's current ROA % is 2.74%, which is 84% below median its own 10-year median of 17.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rebase stock overvalued right now?
Based on GuruFocus' analysis, Rebase (TSE:5138) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,592.82, compared to a current price of 円369.00 — trading 76.8% below its estimated fair value. The current ROA % is 2.74%, which is 84% below median its 10-year median of 17.61 and 305.9% above the Interactive Media industry median of 0.68. Rebase's overall GF Score™ is 72/100 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 Rebase (TSE:5138), the current ROA % is 2.74% 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 Rebase (TSE:5138) Overvalued in 2026?

Based on GuruFocus' analysis, Rebase stock appears to be undervalued. The current stock price of 円369.00 is trading 76.8% below its estimated GF Value™ of 円1,592.82. GuruFocus considers Rebase to be Possible Value Trap.

Key valuation signals for TSE:5138:

  • ROA %: 2.74% (84% below median its 10-year median of 17.61)
  • GF Value™: 円1,592.82 vs. price of 円369.00 (76.8% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 305.9% above the Interactive Media median (#212 of 568)

No single metric tells the full story. See the TSE:5138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rebase Business Description

Address 4-26-18 Jingumae, 5th Floor, Harajuku Piazza Building, Shibuya-ku, Tokyo, JPN, 150-0001
Rebase Inc is engaged in the development and operation of the online marketplace Instabase, a platform for matching open rooms to users who can rent them either on an hourly or daily basis, as well as other related businesses. It is a matching service offering that allows customers to make reservations online from their computer or smartphone. Instabase offers a wide variety of spaces, including conference rooms, telework spaces, old houses, photography studios, and dance studios, depending on the usage scenario. In addition, the space can be used for business purposes such as meetings, business negotiations, seminars, training, and study sessions, as well as yoga and dance lessons, photography, home activities, and more.
72GF Score

Get the complete analysis for TSE:5138

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

円369.00
Price
円1,592.82
GF Value