ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Toa (Electric Appliances)'s annualizedNet Income for the quarter that ended in Mar. 2026 was 円512 Mil.
Toa (Electric Appliances)'s average Total Assets over the quarter that ended in Mar. 2026 was 円75,058 Mil. Therefore, Toa (Electric Appliances)'s annualized ROA % for the quarter that ended in Mar. 2026 was 0.68%.
The historical rank and industry rank for Toa (Electric Appliances)'s ROA % or its related term are showing as below:
TSE:6809'
s ROA % Range Over the Past 10 Years
Min: 2.46 Med: 3.41 Max: 4.56
Current: 3.38
During the past 13 years, Toa (Electric Appliances)'s highest ROA % was 4.56%. The lowest was 2.46%. And the median was 3.41%.
TSE:6809's ROA % is ranked worse than 50.73% of 1096
companies
in the Business Services industry
Industry Median: 3.455
vs TSE:6809: 3.38
Toa (Electric Appliances) (TSE:6809) 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 four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.
* 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 Security & Protection Services subindustry, Toa (Electric Appliances)'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.
Toa (Electric Appliances) ROA % vs Business Services Industry
For the Business Services industry and Industrials sector, Toa (Electric Appliances)'s ROA % distribution charts can be found below:
* The bar in red indicates where Toa (Electric Appliances)'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 four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Toa (Electric Appliances) (TSE:6809) has a ROA % of 0.68% 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 Toa (Electric Appliances) and its competitors. This is 80% below median its historical median of 3.41. Over the past decade, Toa (Electric Appliances)'s ROA % has ranged from 2.46 to 4.56. According to the industry distribution chart, Toa (Electric Appliances) ranks #556 out of 1096 companies in the Business Services industry, placing it in the top 50.7%.
Is Toa (Electric Appliances)'s ROA % too high?
Toa (Electric Appliances)'s current ROA % of 0.68% is 80% below median its 10-year median of 3.41. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 4.56. The Business Services industry median ROA % is 3.46. Toa (Electric Appliances)'s value of 0.68% is 80.3% below this industry median. Based on the distribution chart, Toa (Electric Appliances) ranks #556 out of 1096 companies in the Business Services industry, which is below the industry midpoint. Overall, Toa (Electric Appliances) has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toa (Electric Appliances)'s ROA % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Toa (Electric Appliances) ranks #556 out of 1096 companies for ROA %. This places Toa (Electric Appliances) in the lower half of its industry. The industry median ROA % is 3.46. Toa (Electric Appliances)'s value of 0.68% is 80.3% below this benchmark. Historically, Toa (Electric Appliances)'s own ROA % has ranged from 2.46 to 4.56 over the past decade. While the company's 10-year median is 3.41 vs. the industry median of 3.46, Toa (Electric Appliances) 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 Business Services company?
The median ROA % among Business Services companies is 3.46, based on 1,096 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. Toa (Electric Appliances)'s current ROA % of 0.68% is 80.3% 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 Toa (Electric Appliances) and its competitors. For the Business Services industry, the median ROA % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toa (Electric Appliances)'s current ROA % is 0.68%, which is 80% below median its own 10-year median of 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toa (Electric Appliances) stock overvalued right now?
Based on GuruFocus' analysis, Toa (Electric Appliances) (TSE:6809) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,275.61, compared to a current price of 円1,583.00 — trading 24.1% above its estimated fair value. The current ROA % is 0.68%, which is 80% below median its 10-year median of 3.41 and 80.3% below the Business Services industry median of 3.46. Toa (Electric Appliances)'s overall GF Score™ is 80/100 with 1 warning sign 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 Toa (Electric Appliances) (TSE:6809), the current ROA % is 0.68% 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 Toa (Electric Appliances) (TSE:6809) Overvalued in 2026?
Based on GuruFocus' analysis, Toa (Electric Appliances) stock appears to be overvalued.
The current stock price of 円1,583.00 is trading 24.1% above its estimated GF Value™ of 円1,275.61.
GuruFocus considers Toa (Electric Appliances) to be Modestly Overvalued.
Key valuation signals for TSE:6809:
ROA %: 0.68% (80% below median its 10-year median of 3.41)
GF Value™: 円1,275.61 vs. price of 円1,583.00 (24.1% above fair value)
Industry Position: 80.3% below the Business Services median (#556 of 1096)
No single metric tells the full story. See the TSE:6809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toa Corporation (Electric Appliances) is mainly engaged in the manufacture and sale of loudspeaker broadcasting and communication equipment. It operates in three business divisions including Acoustic equipment business, Security equipment business and other. Acoustic equipment business manufactures loudspeaker broadcasting equipment, Professional sound equipment, and communication equipment. Security equipment business manufactures video equipment. Other business segment includes Leasing of equipment and management hall. Its product offerings include microphone, amplifier, speaker, megaphone, professional sound system, digital mixing system, Intercom system, telephone application system, wireless microphone system, contact wireless system, among others.
80GF Score
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