Airport Facilities Co (TSE:8864) ROA %: 4.43% (As of Mar. 2026) — 102% Above Median


TSE:8864 Airport Facilities Co Ltd TSE:8864
82 GF Score
Price 円942.00
GF Value 円870.33
Valuation Fairly Valued
! 2 Warning Signs
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What is Airport Facilities Co ROA %?

Airport Facilities Co TSE:8864 +1.40% 82 ROA % is 4.43% as of Mar. 2026, which is 102% above its 10-year median of 2.19. GuruFocus rates TSE:8864 with a GF Score™ of 82/100 and a GF Value™ of 円870.33 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,804 Real Estate companies, Airport Facilities Co ranks better than 65.02% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Airport Facilities Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円4,920 Mil. Airport Facilities Co's average Total Assets over the quarter that ended in Mar. 2026 was 円111,004 Mil. Therefore, Airport Facilities Co's annualized ROA % for the quarter that ended in Mar. 2026 was 4.43%.

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

TSE:8864' s ROA % Range Over the Past 10 Years
Min: -0.91   Med: 2.19   Max: 3.16
Current: 3.16

During the past 13 years, Airport Facilities Co's highest ROA % was 3.16%. The lowest was -0.91%. And the median was 2.19%.

TSE:8864's ROA % is ranked better than
65.02% of 1804 companies
in the Real Estate industry
Industry Median: 1.7 vs TSE:8864: 3.16

Airport Facilities Co  (TSE:8864) 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: Mar. 2026 )
=Net Income/Total Assets
=4920/111003.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4920 / 39244)*(39244 / 111003.5)
=Net Margin %*Asset Turnover
=12.54 %*0.3535
=4.43 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Airport Facilities Co ROA % Related Terms


Airport Facilities Co ROA % Historical Data

* Premium members only.

The historical data trend for Airport Facilities 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.

Airport Facilities Co ROA % Chart

Airport Facilities Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 1.54 1.92 2.35 3.15

Airport Facilities Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1.42 3.14 1.50 1.87 4.43

TSE:8864 vs CBRE, BEKE, JLL: ROA % Comparison

For the Real Estate Services subindustry, Airport Facilities 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.


Airport Facilities Co ROA % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Airport Facilities Co's ROA % distribution charts can be found below:

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


TSE:8864
82GF Score
Airport Facilities Co Ltd TSE:8864
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Airport Facilities Co ROA % Calculation

Airport Facilities Co's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=3479/( (108580+112049)/ 2 )
=3479/110314.5
=3.15 %

Airport Facilities Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=4920/( (109958+112049)/ 2 )
=4920/111003.5
=4.43 %

* 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 two times the semi-annual (Mar. 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 4.43% mean?
Airport Facilities Co (TSE:8864) has a ROA % of 4.43% 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 Airport Facilities Co and its competitors. This is 102% above median its historical median of 2.19. According to the industry distribution chart, Airport Facilities Co ranks #631 out of 1804 companies in the Real Estate industry, placing it in the top 35%.
Is Airport Facilities Co's ROA % too high?
Airport Facilities Co's current ROA % of 4.43% is 102% above median its 10-year median of 2.19. The Real Estate industry median ROA % is 1.70. Airport Facilities Co's value of 4.43% is 160.6% above this industry median. Based on the distribution chart, Airport Facilities Co ranks #631 out of 1804 companies in the Real Estate industry, which is above the industry midpoint. Overall, Airport Facilities Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Airport Facilities Co's ROA % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Airport Facilities Co ranks #631 out of 1804 companies for ROA %. This puts Airport Facilities Co in the upper half of its industry. The industry median ROA % is 1.70. Airport Facilities Co's value of 4.43% is 160.6% above this benchmark. While the company's 10-year median is 2.19 vs. the industry median of 1.70, Airport Facilities 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. Airport Facilities Co's current ROA % of 4.43% is 160.6% 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 Airport Facilities 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. Airport Facilities Co's current ROA % is 4.43%, which is 102% above median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airport Facilities Co stock overvalued right now?
Based on GuruFocus' analysis, Airport Facilities Co (TSE:8864) is currently considered Fairly Valued. The stock's GF Value™ is 円870.33, compared to a current price of 円942.00 — trading 8.2% above its estimated fair value. The current ROA % is 4.43%, which is 102% above median its 10-year median of 2.19 and 160.6% above the Real Estate industry median of 1.70. Airport Facilities Co's overall GF Score™ is 82/100 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 Airport Facilities Co (TSE:8864), the current ROA % is 4.43% 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 Airport Facilities Co (TSE:8864) Overvalued in 2026?

Based on GuruFocus' analysis, Airport Facilities Co stock appears to be overvalued. The current stock price of 円942.00 is trading 8.2% above its estimated GF Value™ of 円870.33. GuruFocus considers Airport Facilities Co to be Fairly Valued.

Key valuation signals for TSE:8864:

  • ROA %: 4.43% (102% above median its 10-year median of 2.19)
  • GF Value™: 円870.33 vs. price of 円942.00 (8.2% above fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 160.6% above the Real Estate median (#631 of 1804)

No single metric tells the full story. See the TSE:8864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Airport Facilities Co Business Description

Address 1-6-5 Haneda Airport, Ota-ku, 6-7F, Sogo Building No. 5, Tokyo, JPN, 144-0041
Airport Facilities Co Ltd is engaged in real estate leasing, heat supply business, and water supply and drainage management businesses. The company generates the majority of its revenue from the Real Estate business.
82GF Score

Get the complete analysis for TSE:8864

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

円942.00
Price
円870.33
GF Value