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ToamiTSE:5973 +0.34%73 ROA % is 1.14% as of Mar. 2026, which is 63% above its 10-year median of 0.70. GuruFocus rates TSE:5973 with a GF Score™ of 73/100 and a GF Value™ of 円596.57 (Fairly Valued). The stock has 7 warning signs investors should review. Among 635 Steel companies, Toami ranks worse than 59.21% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Toami's annualizedNet Income for the quarter that ended in Mar. 2026 was 円216 Mil.
Toami's average Total Assets over the quarter that ended in Mar. 2026 was 円18,947 Mil. Therefore, Toami's annualized ROA % for the quarter that ended in Mar. 2026 was 1.14%.
The historical rank and industry rank for Toami's ROA % or its related term are showing as below:
TSE:5973'
s ROA % Range Over the Past 10 Years
Min: -0.48 Med: 0.7 Max: 2.31
Current: 0.92
During the past 13 years, Toami's highest ROA % was 2.31%. The lowest was -0.48%. And the median was 0.70%.
TSE:5973's ROA % is ranked worse than 59.21% of 635
companies
in the Steel industry
Industry Median: 1.99
vs TSE:5973: 0.92
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 banks 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:
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.
Toami ROA % Related Terms
Toami ROA % Historical Data
* Premium members only.
The historical data trend for Toami'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.
For the Steel subindustry, Toami'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.
Toami ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Toami's ROA % distribution charts can be found below:
* The bar in red indicates where Toami's ROA % falls into.
* 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.
Toami (TSE:5973) has a ROA % of 1.14% 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 Toami and its competitors. This is 63% above median its historical median of 0.70. According to the industry distribution chart, Toami ranks #376 out of 635 companies in the Steel industry, placing it in the top 59.2%.
Is Toami's ROA % too high?
Toami's current ROA % of 1.14% is 63% above median its 10-year median of 0.70. The Steel industry median ROA % is 1.99. Toami's value of 1.14% is 42.7% below this industry median. Based on the distribution chart, Toami ranks #376 out of 635 companies in the Steel industry, which is below the industry midpoint. Overall, Toami has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toami's ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Toami ranks #376 out of 635 companies for ROA %. This places Toami in the lower half of its industry. The industry median ROA % is 1.99. Toami's value of 1.14% is 42.7% below this benchmark. While the company's 10-year median is 0.70 vs. the industry median of 1.99, Toami has consistently been below 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 Steel company?
The median ROA % among Steel companies is 1.99, based on 635 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. Toami's current ROA % of 1.14% is 42.7% below 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 Toami and its competitors. For the Steel industry, the median ROA % is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toami's current ROA % is 1.14%, which is 63% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toami stock overvalued right now?
Based on GuruFocus' analysis, Toami (TSE:5973) is currently considered Fairly Valued. The stock's GF Value™ is 円596.57, compared to a current price of 円591.00 — trading 0.9% below its estimated fair value. The current ROA % is 1.14%, which is 63% above median its 10-year median of 0.70 and 42.7% below the Steel industry median of 1.99. Toami's overall GF Score™ is 73/100 with 7 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 Toami (TSE:5973), the current ROA % is 1.14% 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 Toami (TSE:5973) Overvalued in 2026?
Based on GuruFocus' analysis, Toami stock appears to be undervalued.
The current stock price of 円591.00 is trading 0.9% below its estimated GF Value™ of 円596.57.
GuruFocus considers Toami to be Fairly Valued.
Key valuation signals for TSE:5973:
ROA %: 1.14% (63% above median its 10-year median of 0.70)
GF Value™: 円596.57 vs. price of 円591.00 (0.9% below fair value)
Industry Position: 42.7% below the Steel median (#376 of 635)
No single metric tells the full story. See the TSE:5973 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toami Corp manufactures and sells welded wire mesh and special welded wire mesh for civil engineering works. It offers welded wire fabrics, welded plates, galvanized iron wires, spiral hoops, net welded wires, and plastic-coated wires, among others. The company's business segment includes Civil engineering and Construction materials business segment and the Civil engineering and construction work business segment. The company generates the majority of its revenue from the Civil engineering and construction material segment.
73GF Score
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