Marufuji Sheet Piling CoTSE:8046 -0.67%64 ROA % is 5.38% as of Mar. 2026, which is 135% above its 10-year median of 2.29. GuruFocus rates TSE:8046 with a GF Score™ of 64/100 and a GF Value™ of 円667.62 (Significantly Overvalued). Among 633 Steel companies, Marufuji Sheet Piling Co ranks better than 72.35% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Marufuji Sheet Piling Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円2,418 Mil.
Marufuji Sheet Piling Co's average Total Assets over the quarter that ended in Mar. 2026 was 円44,956 Mil. Therefore, Marufuji Sheet Piling Co's annualized ROA % for the quarter that ended in Mar. 2026 was 5.38%.
The historical rank and industry rank for Marufuji Sheet Piling Co's ROA % or its related term are showing as below:
TSE:8046'
s ROA % Range Over the Past 10 Years
Min: 1.59 Med: 2.29 Max: 4.4
Current: 4.4
During the past 13 years, Marufuji Sheet Piling Co's highest ROA % was 4.40%. The lowest was 1.59%. And the median was 2.29%.
TSE:8046's ROA % is ranked better than 72.35% of 633
companies
in the Steel industry
Industry Median: 1.92
vs TSE:8046: 4.40
Marufuji Sheet Piling Co (TSE:8046) 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 (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.
* 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 Steel subindustry, Marufuji Sheet Piling 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.
Marufuji Sheet Piling Co ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Marufuji Sheet Piling Co's ROA % distribution charts can be found below:
* The bar in red indicates where Marufuji Sheet Piling Co'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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Marufuji Sheet Piling Co (TSE:8046) has a ROA % of 5.38% 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 Marufuji Sheet Piling Co and its competitors. This is 135% above median its historical median of 2.29. Over the past decade, Marufuji Sheet Piling Co's ROA % has ranged from 1.59 to 4.40. According to the industry distribution chart, Marufuji Sheet Piling Co ranks #175 out of 633 companies in the Steel industry, placing it in the top 27.6%.
Is Marufuji Sheet Piling Co's ROA % too high?
Marufuji Sheet Piling Co's current ROA % of 5.38% is 135% above median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 4.40. The Steel industry median ROA % is 1.92. Marufuji Sheet Piling Co's value of 5.38% is 180.2% above this industry median. Based on the distribution chart, Marufuji Sheet Piling Co ranks #175 out of 633 companies in the Steel industry, which is above the industry midpoint. Overall, Marufuji Sheet Piling Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marufuji Sheet Piling Co's ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Marufuji Sheet Piling Co ranks #175 out of 633 companies for ROA %. This puts Marufuji Sheet Piling Co in the upper half of its industry. The industry median ROA % is 1.92. Marufuji Sheet Piling Co's value of 5.38% is 180.2% above this benchmark. Historically, Marufuji Sheet Piling Co's own ROA % has ranged from 1.59 to 4.40 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 1.92, Marufuji Sheet Piling 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 Steel company?
The median ROA % among Steel companies is 1.92, based on 633 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. Marufuji Sheet Piling Co's current ROA % of 5.38% is 180.2% 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 Marufuji Sheet Piling Co and its competitors. For the Steel industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marufuji Sheet Piling Co's current ROA % is 5.38%, which is 135% above median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marufuji Sheet Piling Co stock overvalued right now?
Based on GuruFocus' analysis, Marufuji Sheet Piling Co (TSE:8046) is currently considered Significantly Overvalued. The stock's GF Value™ is 円667.62, compared to a current price of 円884.00 — trading 32.4% above its estimated fair value. The current ROA % is 5.38%, which is 135% above median its 10-year median of 2.29 and 180.2% above the Steel industry median of 1.92. Marufuji Sheet Piling Co's overall GF Score™ is 64/100. 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 Marufuji Sheet Piling Co (TSE:8046), the current ROA % is 5.38% 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 Marufuji Sheet Piling Co (TSE:8046) Overvalued in 2026?
Based on GuruFocus' analysis, Marufuji Sheet Piling Co stock appears to be overvalued.
The current stock price of 円884.00 is trading 32.4% above its estimated GF Value™ of 円667.62.
GuruFocus considers Marufuji Sheet Piling Co to be Significantly Overvalued.
Key valuation signals for TSE:8046:
ROA %: 5.38% (135% above median its 10-year median of 2.29)
GF Value™: 円667.62 vs. price of 円884.00 (32.4% above fair value)
Industry Position: 180.2% above the Steel median (#175 of 633)
No single metric tells the full story. See the TSE:8046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marufuji Sheet Piling Co Ltd engages in the manufacture and sale of steel sheet piles, steel plates, and other steel products that include H-shaped steel, architectural steel processed products and reinforced soil wall products. The company offers sheet piles, lightweight steel sheet piles, and corner piles; H shape steel products; steel mountain abstraction products; steel retaining materials; gantry/pier related products; lining plates; and other steel products. It also provides temporary bridges, hat chucks, liner plates, simple holding products, guardrails, PC-ATM products, and two-tone bags, as well as various anchor type reinforced earth products.
64GF Score
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