KING Co (TSE:8118) ROA %: 2.68% (As of Mar. 2026) — Near Median

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TSE:8118 KING Co Ltd TSE:8118
61 GF Score
Price 円1,244.00
GF Value 円689.10
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is KING Co ROA %?

KING Co TSE:8118 +0.24% 61 ROA % is 2.68% as of Mar. 2026, which is 4% below its 10-year median of 2.80. GuruFocus rates TSE:8118 with a GF Score™ of 61/100 and a GF Value™ of 円689.10 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, KING Co ranks better than 53.6% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. KING Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円710 Mil. KING Co's average Total Assets over the quarter that ended in Mar. 2026 was 円26,508 Mil. Therefore, KING Co's annualized ROA % for the quarter that ended in Mar. 2026 was 2.68%.

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

TSE:8118' s ROA % Range Over the Past 10 Years
Min: -0.53   Med: 2.8   Max: 4.14
Current: 2.38

During the past 13 years, KING Co's highest ROA % was 4.14%. The lowest was -0.53%. And the median was 2.80%.

TSE:8118's ROA % is ranked better than
53.6% of 1069 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.88 vs TSE:8118: 2.38

KING Co  (TSE:8118) 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
=710/26507.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(710 / 8128)*(8128 / 26507.5)
=Net Margin %*Asset Turnover
=8.74 %*0.3066
=2.68 %

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.


KING Co ROA % Related Terms


KING Co ROA % Historical Data

* Premium members only.

The historical data trend for KING 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.

KING Co ROA % Chart

KING 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 1.75 3.09 2.12 2.86 2.38

KING 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 1.63 2.81 2.98 2.08 2.68

KING Co ROA % Competitor Comparison

For the Textile Manufacturing subindustry, KING 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.


KING Co ROA % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KING Co's ROA % distribution charts can be found below:

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


TSE:8118
61GF Score
KING Co Ltd TSE:8118
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KING Co ROA % Calculation

KING 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 )
=625/( (25717+26746)/ 2 )
=625/26231.5
=2.38 %

KING 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 )
=710/( (26269+26746)/ 2 )
=710/26507.5
=2.68 %

* 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 2.68% mean?
KING Co (TSE:8118) has a ROA % of 2.68% 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 KING Co and its competitors. This is near median its historical median of 2.80. According to the industry distribution chart, KING Co ranks #496 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 46.4%.
Is KING Co's ROA % too high?
KING Co's current ROA % of 2.68% is near median its 10-year median of 2.80. The Manufacturing - Apparel & Accessories industry median ROA % is 1.88. KING Co's value of 2.68% is 42.6% above this industry median. Based on the distribution chart, KING Co ranks #496 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, KING Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KING Co's ROA % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, KING Co ranks #496 out of 1069 companies for ROA %. This puts KING Co in the upper half of its industry. The industry median ROA % is 1.88. KING Co's value of 2.68% is 42.6% above this benchmark. While the company's 10-year median is 2.80 vs. the industry median of 1.88, KING 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 Manufacturing - Apparel & Accessories company?
The median ROA % among Manufacturing - Apparel & Accessories companies is 1.88, based on 1,069 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. KING Co's current ROA % of 2.68% is 42.6% 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 KING Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KING Co's current ROA % is 2.68%, which is near median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KING Co stock overvalued right now?
Based on GuruFocus' analysis, KING Co (TSE:8118) is currently considered Significantly Overvalued. The stock's GF Value™ is 円689.10, compared to a current price of 円1,244.00 — trading 80.5% above its estimated fair value. The current ROA % is 2.68%, which is near median its 10-year median of 2.80 and 42.6% above the Manufacturing - Apparel & Accessories industry median of 1.88. KING Co's overall GF Score™ is 61/100 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 KING Co (TSE:8118), the current ROA % is 2.68% 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 KING Co (TSE:8118) Overvalued in 2026?

Based on GuruFocus' analysis, KING Co stock appears to be overvalued. The current stock price of 円1,244.00 is trading 80.5% above its estimated GF Value™ of 円689.10. GuruFocus considers KING Co to be Significantly Overvalued.

Key valuation signals for TSE:8118:

  • ROA %: 2.68% (near median its 10-year median of 2.80)
  • GF Value™: 円689.10 vs. price of 円1,244.00 (80.5% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 42.6% above the Manufacturing - Apparel & Accessories median (#496 of 1069)

No single metric tells the full story. See the TSE:8118 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KING Co Business Description

Address 2-14-9 Nishi Gotanda Shinagawa-ku, Tokyo, JPN, 141-0031
KING Co Ltd is a textile producer and apparel maker of cloths. The company produces printed textiles and manufactures ready-made suits, sweaters, jackets, skirts, slacks, scarves, bags, and others. It sells its products under the brand name PINORE, C'EST CHIC'A, LUPUY, AUSTIN REED, PRIDE BIS, among others.
61GF Score

Get the complete analysis for TSE:8118

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

円1,244.00
Price
円689.10
GF Value