TOC CoTSE:8841 +1.54%81 ROA % is 1.83% as of Mar. 2026, which is 48% below its 10-year median of 3.51. GuruFocus rates TSE:8841 with a GF Score™ of 81/100 and a GF Value™ of 円830.40 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,804 Real Estate companies, TOC Co ranks better than 52.11% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. TOC Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円2,208 Mil.
TOC Co's average Total Assets over the quarter that ended in Mar. 2026 was 円120,980 Mil. Therefore, TOC Co's annualized ROA % for the quarter that ended in Mar. 2026 was 1.83%.
The historical rank and industry rank for TOC Co's ROA % or its related term are showing as below:
TSE:8841'
s ROA % Range Over the Past 10 Years
Min: 1.53 Med: 3.51 Max: 19.23
Current: 1.97
During the past 13 years, TOC Co's highest ROA % was 19.23%. The lowest was 1.53%. And the median was 3.51%.
TSE:8841's ROA % is ranked better than 52.11% of 1804
companies
in the Real Estate industry
Industry Median: 1.7
vs TSE:8841: 1.97
TOC Co (TSE:8841) 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.
TOC Co ROA % Related Terms
TOC Co ROA % Historical Data
* Premium members only.
The historical data trend for TOC 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 Real Estate Services subindustry, TOC 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.
TOC Co ROA % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, TOC Co's ROA % distribution charts can be found below:
* The bar in red indicates where TOC 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.
TOC Co (TSE:8841) has a ROA % of 1.83% 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 TOC Co and its competitors. This is 48% below median its historical median of 3.51. Over the past decade, TOC Co's ROA % has ranged from 1.53 to 19.23. According to the industry distribution chart, TOC Co ranks #864 out of 1804 companies in the Real Estate industry, placing it in the top 47.9%.
Is TOC Co's ROA % too high?
TOC Co's current ROA % of 1.83% is 48% below median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 19.23. The Real Estate industry median ROA % is 1.70. TOC Co's value of 1.83% is 7.6% above this industry median. Based on the distribution chart, TOC Co ranks #864 out of 1804 companies in the Real Estate industry, which is above the industry midpoint. Overall, TOC Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOC Co's ROA % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, TOC Co ranks #864 out of 1804 companies for ROA %. This puts TOC Co in the upper half of its industry. The industry median ROA % is 1.70. TOC Co's value of 1.83% is 7.6% above this benchmark. Historically, TOC Co's own ROA % has ranged from 1.53 to 19.23 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 1.70, TOC 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 Real Estate company?
The median ROA % among Real Estate companies is 1.70, based on 1,804 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. TOC Co's current ROA % of 1.83% is 7.6% 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 TOC Co and its competitors. For the Real Estate industry, the median ROA % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOC Co's current ROA % is 1.83%, which is 48% below median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOC Co stock overvalued right now?
Based on GuruFocus' analysis, TOC Co (TSE:8841) is currently considered Modestly Overvalued. The stock's GF Value™ is 円830.40, compared to a current price of 円987.00 — trading 18.9% above its estimated fair value. The current ROA % is 1.83%, which is 48% below median its 10-year median of 3.51 and 7.6% above the Real Estate industry median of 1.70. TOC Co's overall GF Score™ is 81/100 with 4 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 TOC Co (TSE:8841), the current ROA % is 1.83% 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 TOC Co (TSE:8841) Overvalued in 2026?
Based on GuruFocus' analysis, TOC Co stock appears to be overvalued.
The current stock price of 円987.00 is trading 18.9% above its estimated GF Value™ of 円830.40.
GuruFocus considers TOC Co to be Modestly Overvalued.
Key valuation signals for TSE:8841:
ROA %: 1.83% (48% below median its 10-year median of 3.51)
GF Value™: 円830.40 vs. price of 円987.00 (18.9% above fair value)
Industry Position: 7.6% above the Real Estate median (#864 of 1804)
No single metric tells the full story. See the TSE:8841 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOC Co Ltd is a Japan-based company with three business segments: real estate, linen supply and laundry, and other. The real estate segment is engaged in planning, execution, and management of urban development projects. The linen supply and laundry segment is engaged in supplying various linens used in hotels and restaurants, and offering dry cleaning services. The other segment contains a pharmaceuticals business, operates a sports club and a bathing facility, includes retail and restaurant businesses, and engages in building maintenance services. The company generates most of its revenue from the real estate segment.
81GF Score
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