Toyo Securities CoTSE:8614 +0.33%66 ROA % is 6.77% as of Mar. 2026, which is 510% above its 10-year median of 1.11. GuruFocus rates TSE:8614 with a GF Score™ of 66/100 and a GF Value™ of 円658.53 (Fairly Valued). The stock has 3 warning signs investors should review. Among 819 Capital Markets companies, Toyo Securities Co ranks better than 75.82% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Toyo Securities Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円5,008 Mil.
Toyo Securities Co's average Total Assets over the quarter that ended in Mar. 2026 was 円73,987 Mil. Therefore, Toyo Securities Co's annualized ROA % for the quarter that ended in Mar. 2026 was 6.77%.
The historical rank and industry rank for Toyo Securities Co's ROA % or its related term are showing as below:
TSE:8614'
s ROA % Range Over the Past 10 Years
Min: -4.03 Med: 1.11 Max: 5.57
Current: 5.41
During the past 13 years, Toyo Securities Co's highest ROA % was 5.57%. The lowest was -4.03%. And the median was 1.11%.
TSE:8614's ROA % is ranked better than 75.82% of 819
companies
in the Capital Markets industry
Industry Median: 1.5
vs TSE:8614: 5.41
Toyo Securities Co (TSE:8614) 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.
Toyo Securities Co ROA % Related Terms
Toyo Securities Co ROA % Historical Data
* Premium members only.
The historical data trend for Toyo Securities 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.
For the Capital Markets subindustry, Toyo Securities 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.
Toyo Securities Co ROA % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Toyo Securities Co's ROA % distribution charts can be found below:
* The bar in red indicates where Toyo Securities 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 four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Toyo Securities Co (TSE:8614) has a ROA % of 6.77% 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 Toyo Securities Co and its competitors. This is 510% above median its historical median of 1.11. According to the industry distribution chart, Toyo Securities Co ranks #198 out of 819 companies in the Capital Markets industry, placing it in the top 24.2%.
Is Toyo Securities Co's ROA % too high?
Toyo Securities Co's current ROA % of 6.77% is 510% above median its 10-year median of 1.11. The Capital Markets industry median ROA % is 1.50. Toyo Securities Co's value of 6.77% is 351.3% above this industry median. Based on the distribution chart, Toyo Securities Co ranks #198 out of 819 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Toyo Securities Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Securities Co's ROA % compare to MS and GS?
According to the Capital Markets industry distribution chart, Toyo Securities Co ranks #198 out of 819 companies for ROA %. This places Toyo Securities Co in the top 24% of its industry — outperforming the majority of peers. The industry median ROA % is 1.50. Toyo Securities Co's value of 6.77% is 351.3% above this benchmark. While the company's 10-year median is 1.11 vs. the industry median of 1.50, Toyo Securities 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 Capital Markets company?
The median ROA % among Capital Markets companies is 1.50, based on 819 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. Toyo Securities Co's current ROA % of 6.77% is 351.3% 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 Toyo Securities Co and its competitors. For the Capital Markets industry, the median ROA % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Securities Co's current ROA % is 6.77%, which is 510% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Toyo Securities Co (TSE:8614) is currently considered Fairly Valued. The stock's GF Value™ is 円658.53, compared to a current price of 円610.00 — trading 7.4% below its estimated fair value. The current ROA % is 6.77%, which is 510% above median its 10-year median of 1.11 and 351.3% above the Capital Markets industry median of 1.50. Toyo Securities Co's overall GF Score™ is 66/100 with 3 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 Toyo Securities Co (TSE:8614), the current ROA % is 6.77% 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 Toyo Securities Co (TSE:8614) Overvalued in 2026?
Based on GuruFocus' analysis, Toyo Securities Co stock appears to be undervalued.
The current stock price of 円610.00 is trading 7.4% below its estimated GF Value™ of 円658.53.
GuruFocus considers Toyo Securities Co to be Fairly Valued.
Key valuation signals for TSE:8614:
ROA %: 6.77% (510% above median its 10-year median of 1.11)
GF Value™: 円658.53 vs. price of 円610.00 (7.4% below fair value)
Industry Position: 351.3% above the Capital Markets median (#198 of 819)
No single metric tells the full story. See the TSE:8614 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toyo Securities Co Ltd is a Japan-based company engaged in the securities business. The company provides the variety of financial services such as dealing, brokerage, underwriting, public offering and distribution of securities. In addition, it also offers asset management, advice and consultancy services, insurance products, as well as provision of internet and phone trading services.
66GF Score
Get the complete analysis for TSE:8614
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8614 has been successfully added to your 
