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OSG (TSE:6136) ROA % : 5.67% (As of May. 2024)


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What is OSG ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. OSG's annualized Net Income for the quarter that ended in May. 2024 was 円15,152 Mil. OSG's average Total Assets over the quarter that ended in May. 2024 was 円267,385 Mil. Therefore, OSG's annualized ROA % for the quarter that ended in May. 2024 was 5.67%.

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

TSE:6136' s ROA % Range Over the Past 10 Years
Min: 2.89   Med: 7.33   Max: 8.67
Current: 5.6

During the past 13 years, OSG's highest ROA % was 8.67%. The lowest was 2.89%. And the median was 7.33%.

TSE:6136's ROA % is ranked better than
67.68% of 3014 companies
in the Industrial Products industry
Industry Median: 3.305 vs TSE:6136: 5.60

OSG ROA % Historical Data

The historical data trend for OSG'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.

* Premium members only.

OSG ROA % Chart

OSG Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.43 2.89 5.36 7.54 5.97

OSG Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 5.88 6.97 5.33 5.67 3.80

Competitive Comparison of OSG's ROA %

For the Tools & Accessories subindustry, OSG'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.


OSG's ROA % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, OSG's ROA % distribution charts can be found below:

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



OSG ROA % Calculation

OSG's annualized ROA % for the fiscal year that ended in Nov. 2023 is calculated as:

ROA %=Net Income (A: Nov. 2023 )/( (Total Assets (A: Nov. 2022 )+Total Assets (A: Nov. 2023 ))/ count )
=14307/( (228852+250124)/ 2 )
=14307/239488
=5.97 %

OSG's annualized ROA % for the quarter that ended in May. 2024 is calculated as:

ROA %=Net Income (Q: May. 2024 )/( (Total Assets (Q: Feb. 2024 )+Total Assets (Q: May. 2024 ))/ count )
=15152/( (264276+270494)/ 2 )
=15152/267385
=5.67 %

* 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 four times the quarterly (May. 2024) net income data. ROA % is displayed in the 30-year financial page.


OSG  (TSE:6136) 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: May. 2024 )
=Net Income/Total Assets
=15152/267385
=(Net Income / Revenue)*(Revenue / Total Assets)
=(15152 / 163800)*(163800 / 267385)
=Net Margin %*Asset Turnover
=9.25 %*0.6126
=5.67 %

Note: The Net Income data used here is four times the quarterly (May. 2024) net income data. The Revenue data used here is four times the quarterly (May. 2024) 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.


OSG ROA % Related Terms

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OSG Business Description

Traded in Other Exchanges
Address
3-22 Honnogahara, Toyokawa-City, Tokyo, JPN, 4428543
OSG Corp manufactures and sells consumable tools. The company's products include taps, drills, end mills, indexables, dies, gauges, and other tooling systems used in machine tools. Its products are used in the automotive, die and mold, aerospace, energy, and heavy industries. Its largest end markets are Japan and the rest of Asia.

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