ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Asterisk's annualizedNet Income for the quarter that ended in Feb. 2026 was 円-23 Mil.
Asterisk's average Total Assets over the quarter that ended in Feb. 2026 was 円2,754 Mil. Therefore, Asterisk's annualized ROA % for the quarter that ended in Feb. 2026 was -0.83%.
The historical rank and industry rank for Asterisk's ROA % or its related term are showing as below:
TSE:6522'
s ROA % Range Over the Past 10 Years
Min: -14.5 Med: 7.68 Max: 16.13
Current: -6.13
During the past 7 years, Asterisk's highest ROA % was 16.13%. The lowest was -14.50%. And the median was 7.68%.
TSE:6522's ROA % is ranked worse than 81.93% of 2502
companies
in the Hardware industry
Industry Median: 2.265
vs TSE:6522: -6.13
Asterisk (TSE:6522) 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 (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.
Asterisk ROA % Related Terms
Asterisk ROA % Historical Data
* Premium members only.
The historical data trend for Asterisk'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 Communication Equipment subindustry, Asterisk'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.
Asterisk ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Asterisk's ROA % distribution charts can be found below:
* The bar in red indicates where Asterisk'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 (Feb. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Asterisk (TSE:6522) has a ROA % of -0.83% 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 Asterisk and its competitors. According to the industry distribution chart, Asterisk ranks #2050 out of 2502 companies in the Hardware industry, placing it in the top 81.9%.
Is Asterisk's ROA % too high?
Asterisk's current ROA % is -0.83%. Based on the distribution chart, Asterisk ranks #2050 out of 2502 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Asterisk has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asterisk's ROA % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Asterisk ranks #2050 out of 2502 companies for ROA %. This places Asterisk in the lower half of its industry. The industry median ROA % is 2.27. 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 2.27, based on 2,502 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. 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 Asterisk and its competitors. For the Hardware industry, the median ROA % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asterisk's current ROA % is -0.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asterisk stock overvalued right now?
Based on GuruFocus' analysis, Asterisk (TSE:6522) is currently considered Significantly Overvalued. The stock's GF Value™ is 円410.47, compared to a current price of 円1,020.00 — trading 148.5% above its estimated fair value. The current ROA % is -0.83%. Asterisk's overall GF Score™ is 51/100 with 4 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 Asterisk (TSE:6522), the current ROA % is -0.83% 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 Asterisk (TSE:6522) Overvalued in 2026?
Based on GuruFocus' analysis, Asterisk stock appears to be overvalued.
The current stock price of 円1,020.00 is trading 148.5% above its estimated GF Value™ of 円410.47.
GuruFocus considers Asterisk to be Significantly Overvalued.
Key valuation signals for TSE:6522:
ROA %: -0.83%
GF Value™: 円410.47 vs. price of 円1,020.00 (148.5% above fair value)
No single metric tells the full story. See the TSE:6522 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asterisk Inc is predominantly engaged in the manufacturing, development, and sales of RFID readers and barcode scanners that utilize mobile smartphones, as well as the development and sales of management systems that utilize image recognition technologies. The company's reportable segments are AsReader Business, System Integration Business, and Rental Business. The majority of its revenue is generated from the AsReader Business, which develops and sells hardware and software products and offers services that utilize its proprietary image recognition and AI technologies. The various products offered under this segment include barcode readers, RFID readers, image recognition products, wireless communication and infrared products, and others under the brand name AsReader (Asterisk Reader).
51GF Score
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