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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nippon Ski Resort Development Co's annualizedNet Income for the quarter that ended in Jan. 2026 was 円1,077 Mil.
Nippon Ski Resort Development Co's average Total Assets over the quarter that ended in Jan. 2026 was 円14,705 Mil. Therefore, Nippon Ski Resort Development Co's annualized ROA % for the quarter that ended in Jan. 2026 was 7.33%.
TSE:6040'
s ROA % Range Over the Past 10 Years
Min: -5.97 Med: 5.21 Max: 13.01
Current: 9.52
During the past 12 years, Nippon Ski Resort Development Co's highest ROA % was 13.01%. The lowest was -5.97%. And the median was 5.21%.
TSE:6040's ROA % is ranked better than 86.67% of 855
companies
in the Travel & Leisure industry
Industry Median: 2.31
vs TSE:6040: 9.52
Nippon Ski Resort Development Co (TSE:6040) 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 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 (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.
Nippon Ski Resort Development Co ROA % Related Terms
Nippon Ski Resort Development Co ROA % Historical 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.
For the Resorts & Casinos subindustry, Nippon Ski Resort Development 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.
Nippon Ski Resort Development Co ROA % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Nippon Ski Resort Development Co's ROA % distribution charts can be found below:
* The bar in red indicates where Nippon Ski Resort Development Co'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 (Jan. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Nippon Ski Resort Development Co (TSE:6040) has a ROA % of 7.33% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Nippon Ski Resort Development Co and its competitors. This is 41% above median its historical median of 5.21. According to the industry distribution chart, Nippon Ski Resort Development Co ranks #114 out of 855 companies in the Travel & Leisure industry, placing it in the top 13.3%.
Is Nippon Ski Resort Development Co's ROA % too high?
Nippon Ski Resort Development Co's current ROA % of 7.33% is 41% above median its 10-year median of 5.21. The Travel & Leisure industry median ROA % is 2.31. Nippon Ski Resort Development Co's value of 7.33% is 217.3% above this industry median. Based on the distribution chart, Nippon Ski Resort Development Co ranks #114 out of 855 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Ski Resort Development Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Ski Resort Development Co's ROA % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Nippon Ski Resort Development Co ranks #114 out of 855 companies for ROA %. This places Nippon Ski Resort Development Co in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 2.31. Nippon Ski Resort Development Co's value of 7.33% is 217.3% above this benchmark. While the company's 10-year median is 5.21 vs. the industry median of 2.31, Nippon Ski Resort Development 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 Travel & Leisure company?
The median ROA % among Travel & Leisure companies is 2.31, based on 855 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. Nippon Ski Resort Development Co's current ROA % of 7.33% is 217.3% 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 Nippon Ski Resort Development Co and its competitors. For the Travel & Leisure industry, the median ROA % is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Ski Resort Development Co's current ROA % is 7.33%, which is 41% above median its own 10-year median of 5.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Ski Resort Development Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Ski Resort Development Co (TSE:6040) is currently considered Modestly Undervalued. The stock's GF Value™ is 円565.28, compared to a current price of 円502.00 — trading 11.2% below its estimated fair value. The current ROA % is 7.33%, which is 41% above median its 10-year median of 5.21 and 217.3% above the Travel & Leisure industry median of 2.31. Nippon Ski Resort Development Co's overall GF Score™ is 79/100 with 3 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 Nippon Ski Resort Development Co (TSE:6040), the current ROA % is 7.33% as of Jan. 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 Nippon Ski Resort Development Co (TSE:6040) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Ski Resort Development Co stock appears to be undervalued.
The current stock price of 円502.00 is trading 11.2% below its estimated GF Value™ of 円565.28.
GuruFocus considers Nippon Ski Resort Development Co to be Modestly Undervalued.
Key valuation signals for TSE:6040:
ROA %: 7.33% (41% above median its 10-year median of 5.21)
GF Value™: 円565.28 vs. price of 円502.00 (11.2% below fair value)
Industry Position: 217.3% above the Travel & Leisure median (#114 of 855)
No single metric tells the full story. See the TSE:6040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Ski Resort Development Co Business Description
Nippon Ski Resort Development Co Ltd engages in the management and operation of ski resorts, and relevant facilities and services. It also provides consulting and advisory services on ski resorts, including technical support, business support, rental business support, and other services.
79GF Score
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