Sanko Co (TSE:6964) ROA %: 3.71% (As of Mar. 2026) — 32% Above Median

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TSE:6964 Sanko Co Ltd TSE:6964
80 GF Score
Price 円693.00
GF Value 円631.09
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Sanko Co ROA %?

Sanko Co TSE:6964 +0.87% 80 ROA % is 3.71% as of Mar. 2026, which is 32% above its 10-year median of 2.82. GuruFocus rates TSE:6964 with a GF Score™ of 80/100 and a GF Value™ of 円631.09 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,503 Hardware companies, Sanko Co ranks better than 53.1% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sanko Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円835 Mil. Sanko Co's average Total Assets over the quarter that ended in Mar. 2026 was 円22,496 Mil. Therefore, Sanko Co's annualized ROA % for the quarter that ended in Mar. 2026 was 3.71%.

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

TSE:6964' s ROA % Range Over the Past 10 Years
Min: 2.12   Med: 2.82   Max: 3.77
Current: 2.71

During the past 13 years, Sanko Co's highest ROA % was 3.77%. The lowest was 2.12%. And the median was 2.82%.

TSE:6964's ROA % is ranked better than
53.1% of 2503 companies
in the Hardware industry
Industry Median: 2.28 vs TSE:6964: 2.71

Sanko Co  (TSE:6964) 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: Mar. 2026 )
=Net Income/Total Assets
=835.438/22496.1595
=(Net Income / Revenue)*(Revenue / Total Assets)
=(835.438 / 19396.35)*(19396.35 / 22496.1595)
=Net Margin %*Asset Turnover
=4.31 %*0.8622
=3.71 %

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.


Sanko Co ROA % Related Terms


Sanko Co ROA % Historical Data

* Premium members only.

The historical data trend for Sanko Co'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.

Sanko Co ROA % Chart

Sanko Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.86 2.12 3.34 2.61 2.69

Sanko Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 2.85 2.13 3.11 1.70 3.71

TSE:6964 vs APH, GLW: ROA % Comparison

For the Electronic Components subindustry, Sanko 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.


Sanko Co ROA % vs Hardware Industry

For the Hardware industry and Technology sector, Sanko Co's ROA % distribution charts can be found below:

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


TSE:6964
80GF Score
Sanko Co Ltd TSE:6964
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanko Co ROA % Calculation

Sanko Co's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=605.076/( (22040.42+22927.609)/ 2 )
=605.076/22484.0145
=2.69 %

Sanko Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=835.438/( (22064.71+22927.609)/ 2 )
=835.438/22496.1595
=3.71 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 3.71% mean?
Sanko Co (TSE:6964) has a ROA % of 3.71% 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 Sanko Co and its competitors. This is 32% above median its historical median of 2.82. Over the past decade, Sanko Co's ROA % has ranged from 2.12 to 3.77. According to the industry distribution chart, Sanko Co ranks #1174 out of 2503 companies in the Hardware industry, placing it in the top 46.9%.
Is Sanko Co's ROA % too high?
Sanko Co's current ROA % of 3.71% is 32% above median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 3.77. The Hardware industry median ROA % is 2.28. Sanko Co's value of 3.71% is 62.7% above this industry median. Based on the distribution chart, Sanko Co ranks #1174 out of 2503 companies in the Hardware industry, which is above the industry midpoint. Overall, Sanko Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sanko Co's ROA % compare to APH and GLW?
According to the Hardware industry distribution chart, Sanko Co ranks #1174 out of 2503 companies for ROA %. This puts Sanko Co in the upper half of its industry. The industry median ROA % is 2.28. Sanko Co's value of 3.71% is 62.7% above this benchmark. Historically, Sanko Co's own ROA % has ranged from 2.12 to 3.77 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 2.28, Sanko 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 Hardware company?
The median ROA % among Hardware companies is 2.28, based on 2,503 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. Sanko Co's current ROA % of 3.71% is 62.7% 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 Sanko Co and its competitors. For the Hardware industry, the median ROA % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanko Co's current ROA % is 3.71%, which is 32% above median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanko Co stock overvalued right now?
Based on GuruFocus' analysis, Sanko Co (TSE:6964) is currently considered Fairly Valued. The stock's GF Value™ is 円631.09, compared to a current price of 円693.00 — trading 9.8% above its estimated fair value. The current ROA % is 3.71%, which is 32% above median its 10-year median of 2.82 and 62.7% above the Hardware industry median of 2.28. Sanko Co's overall GF Score™ is 80/100 with 6 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 Sanko Co (TSE:6964), the current ROA % is 3.71% 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 Sanko Co (TSE:6964) Overvalued in 2026?

Based on GuruFocus' analysis, Sanko Co stock appears to be overvalued. The current stock price of 円693.00 is trading 9.8% above its estimated GF Value™ of 円631.09. GuruFocus considers Sanko Co to be Fairly Valued.

Key valuation signals for TSE:6964:

  • ROA %: 3.71% (32% above median its 10-year median of 2.82)
  • GF Value™: 円631.09 vs. price of 円693.00 (9.8% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 62.7% above the Hardware median (#1174 of 2503)

No single metric tells the full story. See the TSE:6964 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanko Co Business Description

Address 959 Hirookanomura, Nagano Prefecture, Shiojiri, JPN, 399-0782
Sanko Co Ltd is engaged in the manufacturing and selling of press products, mechatronics products, and plastic products related to automobile-related products, office equipment-related products, and digital home appliances. The company's product offerings include battery terminals, driver airbag parts, axis hinges, passenger seat airbag parts, inverter terminal blocks, and others.
80GF Score

Get the complete analysis for TSE:6964

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円693.00
Price
円631.09
GF Value