HEIWADO Co (TSE:8276) ROA %: 4.52% (As of Feb. 2026) — 46% Above Median

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TSE:8276 HEIWADO Co Ltd TSE:8276
79 GF Score
Price 円2,558.00
GF Value 円2,758.86
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is HEIWADO Co ROA %?

HEIWADO Co TSE:8276 -1.27% 79 ROA % is 4.52% as of Feb. 2026, which is 46% above its 10-year median of 3.09. GuruFocus rates TSE:8276 with a GF Score™ of 79/100 and a GF Value™ of 円2,758.86 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,136 Retail - Cyclical companies, HEIWADO Co ranks better than 50.09% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. HEIWADO Co's annualized Net Income for the quarter that ended in Feb. 2026 was 円14,024 Mil. HEIWADO Co's average Total Assets over the quarter that ended in Feb. 2026 was 円310,448 Mil. Therefore, HEIWADO Co's annualized ROA % for the quarter that ended in Feb. 2026 was 4.52%.

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

TSE:8276' s ROA % Range Over the Past 10 Years
Min: 2.08   Med: 3.09   Max: 3.56
Current: 2.73

During the past 13 years, HEIWADO Co's highest ROA % was 3.56%. The lowest was 2.08%. And the median was 3.09%.

TSE:8276's ROA % is ranked better than
50.09% of 1136 companies
in the Retail - Cyclical industry
Industry Median: 2.73 vs TSE:8276: 2.73

HEIWADO Co  (TSE:8276) 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: Feb. 2026 )
=Net Income/Total Assets
=14024/310447.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(14024 / 480536)*(480536 / 310447.5)
=Net Margin %*Asset Turnover
=2.92 %*1.5479
=4.52 %

Note: The Net Income data used here is four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 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.


HEIWADO Co ROA % Related Terms


HEIWADO Co ROA % Historical Data

* Premium members only.

The historical data trend for HEIWADO 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.

HEIWADO Co ROA % Chart

HEIWADO Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.56 2.51 2.22 3.48 3.03

HEIWADO Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 2.84 3.59 1.30 4.52 1.51

TSE:8276 vs DDS: ROA % Comparison

For the Department Stores subindustry, HEIWADO 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.


HEIWADO Co ROA % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, HEIWADO Co's ROA % distribution charts can be found below:

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


TSE:8276
79GF Score
HEIWADO Co Ltd TSE:8276
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HEIWADO Co ROA % Calculation

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

ROA %=Net Income (A: Feb. 2026 )/( (Total Assets (A: Feb. 2025 )+Total Assets (A: Feb. 2026 ))/ count )
=9409/( (307868+313095)/ 2 )
=9409/310481.5
=3.03 %

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

ROA %=Net Income (Q: Feb. 2026 )/( (Total Assets (Q: Nov. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=14024/( (307800+313095)/ 2 )
=14024/310447.5
=4.52 %

* 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 (Feb. 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 4.52% mean?
HEIWADO Co (TSE:8276) has a ROA % of 4.52% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on HEIWADO Co and its competitors. This is 46% above median its historical median of 3.09. Over the past decade, HEIWADO Co's ROA % has ranged from 2.08 to 3.56. According to the industry distribution chart, HEIWADO Co ranks #567 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 49.9%.
Is HEIWADO Co's ROA % too high?
HEIWADO Co's current ROA % of 4.52% is 46% above median its 10-year median of 3.09. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 3.56. The Retail - Cyclical industry median ROA % is 2.73. HEIWADO Co's value of 4.52% is 65.6% above this industry median. Based on the distribution chart, HEIWADO Co ranks #567 out of 1136 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, HEIWADO Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HEIWADO Co's ROA % compare to DDS?
According to the Retail - Cyclical industry distribution chart, HEIWADO Co ranks #567 out of 1136 companies for ROA %. This puts HEIWADO Co in the upper half of its industry. The industry median ROA % is 2.73. HEIWADO Co's value of 4.52% is 65.6% above this benchmark. Historically, HEIWADO Co's own ROA % has ranged from 2.08 to 3.56 over the past decade. While the company's 10-year median is 3.09 vs. the industry median of 2.73, HEIWADO 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 Retail - Cyclical company?
The median ROA % among Retail - Cyclical companies is 2.73, based on 1,136 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. HEIWADO Co's current ROA % of 4.52% is 65.6% 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 HEIWADO Co and its competitors. For the Retail - Cyclical industry, the median ROA % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HEIWADO Co's current ROA % is 4.52%, which is 46% above median its own 10-year median of 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HEIWADO Co stock overvalued right now?
Based on GuruFocus' analysis, HEIWADO Co (TSE:8276) is currently considered Fairly Valued. The stock's GF Value™ is 円2,758.86, compared to a current price of 円2,558.00 — trading 7.3% below its estimated fair value. The current ROA % is 4.52%, which is 46% above median its 10-year median of 3.09 and 65.6% above the Retail - Cyclical industry median of 2.73. HEIWADO Co's overall GF Score™ is 79/100 with 2 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 HEIWADO Co (TSE:8276), the current ROA % is 4.52% as of Feb. 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 HEIWADO Co (TSE:8276) Overvalued in 2026?

Based on GuruFocus' analysis, HEIWADO Co stock appears to be undervalued. The current stock price of 円2,558.00 is trading 7.3% below its estimated GF Value™ of 円2,758.86. GuruFocus considers HEIWADO Co to be Fairly Valued.

Key valuation signals for TSE:8276:

  • ROA %: 4.52% (46% above median its 10-year median of 3.09)
  • GF Value™: 円2,758.86 vs. price of 円2,558.00 (7.3% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 65.6% above the Retail - Cyclical median (#567 of 1136)

No single metric tells the full story. See the TSE:8276 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HEIWADO Co Business Description

Address 31, Koizumi-cho, Hikone-shi, Shiga-ken, JPN, 522-8511
HEIWADO Co Ltd is a Japan-based company that is mainly engaged in the retail business. The company's stores offer a broad range of merchandise, including foods, apparel, housing-related goods, etc. The company also operates restaurant businesses, sales of books, CDs and DVDs, rental shops of CDs and DVDs, and others. The majority of the company's stores are located in Japan, with around half of them being located in the Shiga Prefecture, and the rest in other areas of Japan. The company also operates several department stores in Hunan province, China.
79GF Score

Get the complete analysis for TSE:8276

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

円2,558.00
Price
円2,758.86
GF Value