Makoto Construction Co (TSE:8995) ROA %: 2.08% (As of Mar. 2026) — 14% Below Median


TSE:8995 Makoto Construction Co Ltd TSE:8995
60 GF Score
Price 円828.00
GF Value 円755.03
Valuation Fairly Valued
! 8 Warning Signs
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What is Makoto Construction Co ROA %?

Makoto Construction Co TSE:8995 -1.31% 60 ROA % is 2.08% as of Mar. 2026, which is 14% below its 10-year median of 2.42. GuruFocus rates TSE:8995 with a GF Score™ of 60/100 and a GF Value™ of 円755.03 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,802 Real Estate companies, Makoto Construction Co ranks worse than 63.82% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Makoto Construction Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円140 Mil. Makoto Construction Co's average Total Assets over the quarter that ended in Mar. 2026 was 円6,724 Mil. Therefore, Makoto Construction Co's annualized ROA % for the quarter that ended in Mar. 2026 was 2.08%.

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

TSE:8995' s ROA % Range Over the Past 10 Years
Min: 0.37   Med: 2.42   Max: 4.4
Current: 0.37

During the past 13 years, Makoto Construction Co's highest ROA % was 4.40%. The lowest was 0.37%. And the median was 2.42%.

TSE:8995's ROA % is ranked worse than
63.82% of 1802 companies
in the Real Estate industry
Industry Median: 1.7 vs TSE:8995: 0.37

Makoto Construction Co  (TSE:8995) 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
=139.782/6723.9935
=(Net Income / Revenue)*(Revenue / Total Assets)
=(139.782 / 4238.078)*(4238.078 / 6723.9935)
=Net Margin %*Asset Turnover
=3.3 %*0.6303
=2.08 %

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.


Makoto Construction Co ROA % Related Terms


Makoto Construction Co ROA % Historical Data

* Premium members only.

The historical data trend for Makoto Construction 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.

Makoto Construction Co ROA % Chart

Makoto Construction 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 2.53 3.92 2.30 0.72 0.37

Makoto Construction 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 2.11 -0.14 1.47 -1.31 2.08

Makoto Construction Co ROA % Competitor Comparison

For the Real Estate - Diversified subindustry, Makoto Construction 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.


Makoto Construction Co ROA % vs Real Estate Industry

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

* The bar in red indicates where Makoto Construction Co's ROA % falls into.


TSE:8995
60GF Score
Makoto Construction Co Ltd TSE:8995
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Makoto Construction Co ROA % Calculation

Makoto Construction 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 )
=25.142/( (6947.209+6679.623)/ 2 )
=25.142/6813.416
=0.37 %

Makoto Construction 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 )
=139.782/( (6768.364+6679.623)/ 2 )
=139.782/6723.9935
=2.08 %

* 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 2.08% mean?
Makoto Construction Co (TSE:8995) has a ROA % of 2.08% 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 Makoto Construction Co and its competitors. This is 14% below median its historical median of 2.42. Over the past decade, Makoto Construction Co's ROA % has ranged from 0.37 to 4.40. According to the industry distribution chart, Makoto Construction Co ranks #1150 out of 1802 companies in the Real Estate industry, placing it in the top 63.8%.
Is Makoto Construction Co's ROA % too high?
Makoto Construction Co's current ROA % of 2.08% is 14% below median its 10-year median of 2.42. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 4.40. The Real Estate industry median ROA % is 1.70. Makoto Construction Co's value of 2.08% is 22.4% above this industry median. Based on the distribution chart, Makoto Construction Co ranks #1150 out of 1802 companies in the Real Estate industry, which is below the industry midpoint. Overall, Makoto Construction Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Makoto Construction Co's ROA % compare to competitors?
According to the Real Estate industry distribution chart, Makoto Construction Co ranks #1150 out of 1802 companies for ROA %. This places Makoto Construction Co in the lower half of its industry. The industry median ROA % is 1.70. Makoto Construction Co's value of 2.08% is 22.4% above this benchmark. Historically, Makoto Construction Co's own ROA % has ranged from 0.37 to 4.40 over the past decade. While the company's 10-year median is 2.42 vs. the industry median of 1.70, Makoto Construction 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 1,802 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. Makoto Construction Co's current ROA % of 2.08% is 22.4% 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 Makoto Construction 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. Makoto Construction Co's current ROA % is 2.08%, which is 14% below median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makoto Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Makoto Construction Co (TSE:8995) is currently considered Fairly Valued. The stock's GF Value™ is 円755.03, compared to a current price of 円828.00 — trading 9.7% above its estimated fair value. The current ROA % is 2.08%, which is 14% below median its 10-year median of 2.42 and 22.4% above the Real Estate industry median of 1.70. Makoto Construction Co's overall GF Score™ is 60/100 with 8 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 Makoto Construction Co (TSE:8995), the current ROA % is 2.08% 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 Makoto Construction Co (TSE:8995) Overvalued in 2026?

Based on GuruFocus' analysis, Makoto Construction Co stock appears to be overvalued. The current stock price of 円828.00 is trading 9.7% above its estimated GF Value™ of 円755.03. GuruFocus considers Makoto Construction Co to be Fairly Valued.

Key valuation signals for TSE:8995:

  • ROA %: 2.08% (14% below median its 10-year median of 2.42)
  • GF Value™: 円755.03 vs. price of 円828.00 (9.7% above fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 22.4% above the Real Estate median (#1150 of 1802)

No single metric tells the full story. See the TSE:8995 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Makoto Construction Co Business Description

Address 46 Fukuda, Sakai, JPN
Makoto Construction Co Ltd is engaged in the in-house design & construction business in Japan. It builds homes and condominiums for residential purposes, as well as provides real estate agency services.
60GF Score

Get the complete analysis for TSE:8995

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

円828.00
Price
円755.03
GF Value