ASAX CoTSE:8772 +1.25%80 ROA % is 3.72% as of Dec. 2025, which is 12% above its 10-year median of 3.32. GuruFocus rates TSE:8772 with a GF Score™ of 80/100 and a GF Value™ of 円972.41 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,529 Banks companies, ASAX Co ranks better than 95.62% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. ASAX Co's annualizedNet Income for the quarter that ended in Dec. 2025 was 円4,531 Mil.
ASAX Co's average Total Assets over the quarter that ended in Dec. 2025 was 円121,659 Mil. Therefore, ASAX Co's annualized ROA % for the quarter that ended in Dec. 2025 was 3.72%.
The historical rank and industry rank for ASAX Co's ROA % or its related term are showing as below:
TSE:8772'
s ROA % Range Over the Past 10 Years
Min: 2.97 Med: 3.32 Max: 3.93
Current: 3.23
During the past 13 years, ASAX Co's highest ROA % was 3.93%. The lowest was 2.97%. And the median was 3.32%.
TSE:8772's ROA % is ranked better than 95.62% of 1529
companies
in the Banks industry
Industry Median: 0.98
vs TSE:8772: 3.23
ASAX Co (TSE:8772) 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 (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.
ASAX Co ROA % Related Terms
ASAX Co ROA % Historical Data
* Premium members only.
The historical data trend for ASAX 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 Mortgage Finance subindustry, ASAX 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.
ASAX Co ROA % vs Banks Industry
For the Banks industry and Financial Services sector, ASAX Co's ROA % distribution charts can be found below:
* The bar in red indicates where ASAX 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 (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
ASAX Co (TSE:8772) has a ROA % of 3.72% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on ASAX Co and its competitors. This is 12% above median its historical median of 3.32. Over the past decade, ASAX Co's ROA % has ranged from 2.97 to 3.93. According to the industry distribution chart, ASAX Co ranks #67 out of 1529 companies in the Banks industry, placing it in the top 4.4%.
Is ASAX Co's ROA % too high?
ASAX Co's current ROA % of 3.72% is 12% above median its 10-year median of 3.32. Over the past 10 years, this metric has ranged from a low of 2.97 to a high of 3.93. The Banks industry median ROA % is 0.98. ASAX Co's value of 3.72% is 279.6% above this industry median. Based on the distribution chart, ASAX Co ranks #67 out of 1529 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, ASAX Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASAX Co's ROA % compare to RKT and FNMA?
According to the Banks industry distribution chart, ASAX Co ranks #67 out of 1529 companies for ROA %. This places ASAX Co in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 0.98. ASAX Co's value of 3.72% is 279.6% above this benchmark. Historically, ASAX Co's own ROA % has ranged from 2.97 to 3.93 over the past decade. While the company's 10-year median is 3.32 vs. the industry median of 0.98, ASAX 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 Banks company?
The median ROA % among Banks companies is 0.98, based on 1,529 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. ASAX Co's current ROA % of 3.72% is 279.6% 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 ASAX Co 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. ASAX Co's current ROA % is 3.72%, which is 12% above median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASAX Co stock overvalued right now?
Based on GuruFocus' analysis, ASAX Co (TSE:8772) is currently considered Modestly Undervalued. The stock's GF Value™ is 円972.41, compared to a current price of 円813.00 — trading 16.4% below its estimated fair value. The current ROA % is 3.72%, which is 12% above median its 10-year median of 3.32 and 279.6% above the Banks industry median of 0.98. ASAX Co's overall GF Score™ is 80/100 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 ASAX Co (TSE:8772), the current ROA % is 3.72% as of Dec. 2025. 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 ASAX Co (TSE:8772) Overvalued in 2026?
Based on GuruFocus' analysis, ASAX Co stock appears to be undervalued.
The current stock price of 円813.00 is trading 16.4% below its estimated GF Value™ of 円972.41.
GuruFocus considers ASAX Co to be Modestly Undervalued.
Key valuation signals for TSE:8772:
ROA %: 3.72% (12% above median its 10-year median of 3.32)
GF Value™: 円972.41 vs. price of 円813.00 (16.4% below fair value)
Industry Position: 279.6% above the Banks median (#67 of 1529)
No single metric tells the full story. See the TSE:8772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASAX Co Ltd is a real estate secured loan provider. The company provides Real estate secured loans for businesses, Real estate secured loans for individuals, Property sale bridge loan, Real estate purchase/construction loan, and Real Estate agent loans.
80GF Score
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