Toho BankTSE:8346 +1.18%48 ROA % is 0.14% as of Mar. 2026, which is 56% above its 10-year median of 0.09. GuruFocus rates TSE:8346 with a GF Score™ of 48/100 and a GF Value™ of 円417.55 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,532 Banks companies, Toho Bank ranks worse than 90.93% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Toho Bank's annualizedNet Income for the quarter that ended in Mar. 2026 was 円9,516 Mil.
Toho Bank's average Total Assets over the quarter that ended in Mar. 2026 was 円6,687,001 Mil. Therefore, Toho Bank's annualized ROA % for the quarter that ended in Mar. 2026 was 0.14%.
The historical rank and industry rank for Toho Bank's ROA % or its related term are showing as below:
TSE:8346'
s ROA % Range Over the Past 10 Years
Min: -0.07 Med: 0.09 Max: 0.18
Current: 0.18
During the past 13 years, Toho Bank's highest ROA % was 0.18%. The lowest was -0.07%. And the median was 0.09%.
TSE:8346's ROA % is ranked worse than 90.93% of 1532
companies
in the Banks industry
Industry Median: 0.98
vs TSE:8346: 0.18
Toho Bank (TSE:8346) 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 (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.
Toho Bank ROA % Related Terms
Toho Bank ROA % Historical Data
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The historical data trend for Toho Bank'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 Banks - Regional subindustry, Toho Bank'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.
Toho Bank ROA % vs Banks Industry
For the Banks industry and Financial Services sector, Toho Bank's ROA % distribution charts can be found below:
* The bar in red indicates where Toho Bank'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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Toho Bank (TSE:8346) has a ROA % of 0.14% 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 Toho Bank and its competitors. This is 56% above median its historical median of 0.09. According to the industry distribution chart, Toho Bank ranks #1393 out of 1532 companies in the Banks industry, placing it in the top 90.9%.
Is Toho Bank's ROA % too high?
Toho Bank's current ROA % of 0.14% is 56% above median its 10-year median of 0.09. The Banks industry median ROA % is 0.98. Toho Bank's value of 0.14% is 85.7% below this industry median. Based on the distribution chart, Toho Bank ranks #1393 out of 1532 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Toho Bank has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toho Bank's ROA % compare to competitors?
According to the Banks industry distribution chart, Toho Bank ranks #1393 out of 1532 companies for ROA %. This places Toho Bank in the lower half of its industry. The industry median ROA % is 0.98. Toho Bank's value of 0.14% is 85.7% below this benchmark. While the company's 10-year median is 0.09 vs. the industry median of 0.98, Toho Bank has consistently been below 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 Banks company?
The median ROA % among Banks companies is 0.98, based on 1,532 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. Toho Bank's current ROA % of 0.14% is 85.7% below 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 Toho Bank and its competitors. For the Banks industry, the median ROA % is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Bank's current ROA % is 0.14%, which is 56% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Bank stock overvalued right now?
Based on GuruFocus' analysis, Toho Bank (TSE:8346) is currently considered Significantly Overvalued. The stock's GF Value™ is 円417.55, compared to a current price of 円774.00 — trading 85.4% above its estimated fair value. The current ROA % is 0.14%, which is 56% above median its 10-year median of 0.09 and 85.7% below the Banks industry median of 0.98. Toho Bank's overall GF Score™ is 48/100 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 Toho Bank (TSE:8346), the current ROA % is 0.14% 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 Toho Bank (TSE:8346) Overvalued in 2026?
Based on GuruFocus' analysis, Toho Bank stock appears to be overvalued.
The current stock price of 円774.00 is trading 85.4% above its estimated GF Value™ of 円417.55.
GuruFocus considers Toho Bank to be Significantly Overvalued.
Key valuation signals for TSE:8346:
ROA %: 0.14% (56% above median its 10-year median of 0.09)
GF Value™: 円417.55 vs. price of 円774.00 (85.4% above fair value)
Industry Position: 85.7% below the Banks median (#1393 of 1532)
No single metric tells the full story. See the TSE:8346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toho Bank Ltd is a Japanese regional commercial bank group operating in the Fukushima prefecture of the island nation. The group consists of a bank and seven subsidiaries, which provide banking, leasing, credit card, and credit guaranteeing services. The banking business consists of money transfer, lending, foreign exchange services, and associate businesses. Most of the group's earnings assets are in loans and bill discounted, followed by securities. Net interest income and fees and commissions income generate most of the group's income.
48GF Score
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