ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Matsumoto's annualizedNet Income for the quarter that ended in Oct. 2025 was 円-529.5 Mil.
Matsumoto's average Total Assets over the quarter that ended in Oct. 2025 was 円2,086.4 Mil. Therefore, Matsumoto's annualized ROA % for the quarter that ended in Oct. 2025 was -25.38%.
The historical rank and industry rank for Matsumoto's ROA % or its related term are showing as below:
TSE:7901'
s ROA % Range Over the Past 10 Years
Min: -39.64 Med: -2.08 Max: 7
Current: -12.45
During the past 13 years, Matsumoto's highest ROA % was 7.00%. The lowest was -39.64%. And the median was -2.08%.
TSE:7901's ROA % is ranked worse than 90.59% of 287
companies
in the Forest Products industry
Industry Median: 0.95
vs TSE:7901: -12.45
Matsumoto (TSE:7901) 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 (Oct. 2025) net income data. The Revenue data used here is four times the quarterly (Oct. 2025) 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.
Matsumoto ROA % Related Terms
Matsumoto ROA % Historical Data
* Premium members only.
The historical data trend for Matsumoto'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 Paper & Paper Products subindustry, Matsumoto'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.
Matsumoto ROA % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Matsumoto's ROA % distribution charts can be found below:
* The bar in red indicates where Matsumoto'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 (Oct. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Matsumoto (TSE:7901) has a ROA % of -25.38% as of Oct. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Matsumoto and its competitors. According to the industry distribution chart, Matsumoto ranks #260 out of 287 companies in the Forest Products industry, placing it in the top 90.6%.
Is Matsumoto's ROA % too high?
Matsumoto's current ROA % is -25.38%. Based on the distribution chart, Matsumoto ranks #260 out of 287 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Matsumoto has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Matsumoto's ROA % compare to competitors?
According to the Forest Products industry distribution chart, Matsumoto ranks #260 out of 287 companies for ROA %. This places Matsumoto in the lower half of its industry. The industry median ROA % is 0.95. 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 Forest Products company?
The median ROA % among Forest Products companies is 0.95, based on 287 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 Matsumoto and its competitors. For the Forest Products industry, the median ROA % is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matsumoto's current ROA % is -25.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matsumoto stock overvalued right now?
Based on GuruFocus' analysis, Matsumoto (TSE:7901) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,029.56, compared to a current price of 円793.00 — trading 23% below its estimated fair value. The current ROA % is -25.38%. Matsumoto's overall GF Score™ is 49/100 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 Matsumoto (TSE:7901), the current ROA % is -25.38% as of Oct. 2025. 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 Matsumoto (TSE:7901) Overvalued in 2026?
Based on GuruFocus' analysis, Matsumoto stock appears to be undervalued.
The current stock price of 円793.00 is trading 23% below its estimated GF Value™ of 円1,029.56.
GuruFocus considers Matsumoto to be Modestly Undervalued.
Key valuation signals for TSE:7901:
ROA %: -25.38%
GF Value™: 円1,029.56 vs. price of 円793.00 (23% below fair value)
No single metric tells the full story. See the TSE:7901 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Matsumoto Inc produces and sells graduation albums, as well as commercial printing products, such as posters, catalogs, and pamphlets. The company is also engaged in the digital picture albums and self-publishing business.
49GF Score
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