JMACS Japan Co (TSE:5817) ROA %: 4.24% (As of Feb. 2026) — 417% Above 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:5817 JMACS Japan Co TSE:5817
61 GF Score
Price 円855.00
GF Value 円518.08
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is JMACS Japan Co ROA %?

JMACS Japan Co TSE:5817 +0.94% 61 ROA % is 4.24% as of Feb. 2026, which is 417% above its 10-year median of 0.82. GuruFocus rates TSE:5817 with a GF Score™ of 61/100 and a GF Value™ of 円518.08 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,503 Hardware companies, JMACS Japan Co ranks better than 60.49% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. JMACS Japan Co's annualized Net Income for the quarter that ended in Feb. 2026 was 円435 Mil. JMACS Japan Co's average Total Assets over the quarter that ended in Feb. 2026 was 円10,258 Mil. Therefore, JMACS Japan Co's annualized ROA % for the quarter that ended in Feb. 2026 was 4.24%.

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

TSE:5817' s ROA % Range Over the Past 10 Years
Min: -1.39   Med: 0.82   Max: 3.9
Current: 3.9

During the past 13 years, JMACS Japan Co's highest ROA % was 3.90%. The lowest was -1.39%. And the median was 0.82%.

TSE:5817's ROA % is ranked better than
60.49% of 2503 companies
in the Hardware industry
Industry Median: 2.28 vs TSE:5817: 3.90

JMACS Japan Co  (TSE:5817) 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: Feb. 2026 )
=Net Income/Total Assets
=435.268/10258.4875
=(Net Income / Revenue)*(Revenue / Total Assets)
=(435.268 / 6340.394)*(6340.394 / 10258.4875)
=Net Margin %*Asset Turnover
=6.86 %*0.6181
=4.24 %

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


JMACS Japan Co ROA % Related Terms


JMACS Japan Co ROA % Historical Data

* Premium members only.

The historical data trend for JMACS Japan 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.

JMACS Japan Co ROA % Chart

JMACS Japan Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 2.49 0.83 1.20 3.90

JMACS Japan Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.47 1.60 0.89 3.57 4.24

TSE:5817 vs CSCO, CIEN, MSI: ROA % Comparison

For the Communication Equipment subindustry, JMACS Japan 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.


JMACS Japan Co ROA % vs Hardware Industry

For the Hardware industry and Technology sector, JMACS Japan Co's ROA % distribution charts can be found below:

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


TSE:5817
61GF Score
JMACS Japan Co TSE:5817
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JMACS Japan Co ROA % Calculation

JMACS Japan Co's annualized ROA % for the fiscal year that ended in Feb. 2026 is calculated as:

ROA %=Net Income (A: Feb. 2026 )/( (Total Assets (A: Feb. 2025 )+Total Assets (A: Feb. 2026 ))/ count )
=400.489/( (10275.516+10284.767)/ 2 )
=400.489/10280.1415
=3.90 %

JMACS Japan Co's annualized ROA % for the quarter that ended in Feb. 2026 is calculated as:

ROA %=Net Income (Q: Feb. 2026 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=435.268/( (10232.208+10284.767)/ 2 )
=435.268/10258.4875
=4.24 %

* 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 (Feb. 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 4.24% mean?
JMACS Japan Co (TSE:5817) has a ROA % of 4.24% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on JMACS Japan Co and its competitors. This is 417% above median its historical median of 0.82. According to the industry distribution chart, JMACS Japan Co ranks #989 out of 2503 companies in the Hardware industry, placing it in the top 39.5%.
Is JMACS Japan Co's ROA % too high?
JMACS Japan Co's current ROA % of 4.24% is 417% above median its 10-year median of 0.82. The Hardware industry median ROA % is 2.28. JMACS Japan Co's value of 4.24% is 86% above this industry median. Based on the distribution chart, JMACS Japan Co ranks #989 out of 2503 companies in the Hardware industry, which is above the industry midpoint. Overall, JMACS Japan Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JMACS Japan Co's ROA % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, JMACS Japan Co ranks #989 out of 2503 companies for ROA %. This puts JMACS Japan Co in the upper half of its industry. The industry median ROA % is 2.28. JMACS Japan Co's value of 4.24% is 86% above this benchmark. While the company's 10-year median is 0.82 vs. the industry median of 2.28, JMACS Japan 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 Hardware company?
The median ROA % among Hardware companies is 2.28, based on 2,503 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. JMACS Japan Co's current ROA % of 4.24% is 86% 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 JMACS Japan Co and its competitors. For the Hardware industry, the median ROA % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JMACS Japan Co's current ROA % is 4.24%, which is 417% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JMACS Japan Co stock overvalued right now?
Based on GuruFocus' analysis, JMACS Japan Co (TSE:5817) is currently considered Significantly Overvalued. The stock's GF Value™ is 円518.08, compared to a current price of 円855.00 — trading 65% above its estimated fair value. The current ROA % is 4.24%, which is 417% above median its 10-year median of 0.82 and 86% above the Hardware industry median of 2.28. JMACS Japan Co's overall GF Score™ is 61/100 with 2 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 JMACS Japan Co (TSE:5817), the current ROA % is 4.24% as of Feb. 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 JMACS Japan Co (TSE:5817) Overvalued in 2026?

Based on GuruFocus' analysis, JMACS Japan Co stock appears to be overvalued. The current stock price of 円855.00 is trading 65% above its estimated GF Value™ of 円518.08. GuruFocus considers JMACS Japan Co to be Significantly Overvalued.

Key valuation signals for TSE:5817:

  • ROA %: 4.24% (417% above median its 10-year median of 0.82)
  • GF Value™: 円518.08 vs. price of 円855.00 (65% above fair value)
  • GF Score™: 61/100 with 2 warning signs
  • Industry Position: 86% above the Hardware median (#989 of 2503)

No single metric tells the full story. See the TSE:5817 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JMACS Japan Co Business Description

Address 127-1 Morio, Hyogo Prefecture, Kato, JPN, 673-1331
JMACS Japan Co is engaged in the manufacture and sales of industrial products, entrusted development of automation and labor-saving systems, instrumentation cable, control cable, communication cable, optical fiber cable, and other low-current electric wires.
61GF Score

Get the complete analysis for TSE:5817

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

円855.00
Price
円518.08
GF Value