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Muto Seiko Co (TSE:7927) ROA % : 0.00% (As of Sep. 2024)


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What is Muto Seiko Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Muto Seiko Co's annualized Net Income for the quarter that ended in Sep. 2024 was 円0 Mil. Muto Seiko Co's average Total Assets over the quarter that ended in Sep. 2024 was 円29,589 Mil. Therefore, Muto Seiko Co's annualized ROA % for the quarter that ended in Sep. 2024 was 0.00%.

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

TSE:7927' s ROA % Range Over the Past 10 Years
Min: -9.66   Med: 1.75   Max: 6.4
Current: 6.14

During the past 13 years, Muto Seiko Co's highest ROA % was 6.40%. The lowest was -9.66%. And the median was 1.75%.

TSE:7927's ROA % is ranked better than
75.03% of 2451 companies
in the Hardware industry
Industry Median: 2.35 vs TSE:7927: 6.14

Muto Seiko Co ROA % Historical Data

The historical data trend for Muto Seiko 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.

* Premium members only.

Muto Seiko Co ROA % Chart

Muto Seiko Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.83 1.30 2.19 5.15 6.40

Muto Seiko Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 4.90 10.78 5.75 4.04 -

Competitive Comparison of Muto Seiko Co's ROA %

For the Electronic Components subindustry, Muto Seiko 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.


Muto Seiko Co's ROA % Distribution in the Hardware Industry

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

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



Muto Seiko Co ROA % Calculation

Muto Seiko Co's annualized ROA % for the fiscal year that ended in Mar. 2024 is calculated as:

ROA %=Net Income (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=1773.09/( (25940.136+29478.453)/ 2 )
=1773.09/27709.2945
=6.40 %

Muto Seiko Co's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (29478.453+29700.079)/ 2 )
=0/29589.266
=0.00 %

* 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 (Sep. 2024) net income data. ROA % is displayed in the 30-year financial page.


Muto Seiko Co  (TSE:7927) 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: Sep. 2024 )
=Net Income/Total Assets
=0/29589.266
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 29589.266)
=Net Margin %*Asset Turnover
=N/A %*0
=0.00 %

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


Muto Seiko Co ROA % Related Terms

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Muto Seiko Co Business Description

Traded in Other Exchanges
N/A
Address
1-60-1 Unumakawasaki-cho, Gifu Prefecture, Kakamigahara, JPN, 509-0147
Muto Seiko Co manufactures and sells plastic parts for digital home appliances such as digital cameras and video cameras, center panel units including car navigation systems, air conditioners, and audio equipment, and automobile-related parts such as ETC, and molds for injection molding and pressing.

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