Okayamaken Freight Transportation Co (TSE:9063) ROA %: 8.28% (As of Mar. 2026) — 180% Above Median

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TSE:9063 Okayamaken Freight Transportation Co Ltd TSE:9063
68 GF Score
Price 円4,025.00
GF Value 円3,356.71
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Okayamaken Freight Transportation Co ROA %?

Okayamaken Freight Transportation Co TSE:9063 +0.63% 68 ROA % is 8.28% as of Mar. 2026, which is 180% above its 10-year median of 2.96. GuruFocus rates TSE:9063 with a GF Score™ of 68/100 and a GF Value™ of 円3,356.71 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,010 Transportation companies, Okayamaken Freight Transportation Co ranks better than 67.03% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Okayamaken Freight Transportation Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円4,142 Mil. Okayamaken Freight Transportation Co's average Total Assets over the quarter that ended in Mar. 2026 was 円50,001 Mil. Therefore, Okayamaken Freight Transportation Co's annualized ROA % for the quarter that ended in Mar. 2026 was 8.28%.

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

TSE:9063' s ROA % Range Over the Past 10 Years
Min: 2.04   Med: 2.96   Max: 5.53
Current: 5.53

During the past 13 years, Okayamaken Freight Transportation Co's highest ROA % was 5.53%. The lowest was 2.04%. And the median was 2.96%.

TSE:9063's ROA % is ranked better than
67.03% of 1010 companies
in the Transportation industry
Industry Median: 3.46 vs TSE:9063: 5.53

Okayamaken Freight Transportation Co  (TSE:9063) 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
=4142.106/50000.812
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4142.106 / 39388.93)*(39388.93 / 50000.812)
=Net Margin %*Asset Turnover
=10.52 %*0.7878
=8.28 %

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.


Okayamaken Freight Transportation Co ROA % Related Terms


Okayamaken Freight Transportation Co ROA % Historical Data

* Premium members only.

The historical data trend for Okayamaken Freight Transportation 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.

Okayamaken Freight Transportation Co ROA % Chart

Okayamaken Freight Transportation 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 2.93 2.15 5.41 2.04 5.51

Okayamaken Freight Transportation 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 1.35 1.97 2.10 2.70 8.28

TSE:9063 vs ODFL, XPO, KNX: ROA % Comparison

For the Trucking subindustry, Okayamaken Freight Transportation 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.


Okayamaken Freight Transportation Co ROA % vs Transportation Industry

For the Transportation industry and Industrials sector, Okayamaken Freight Transportation Co's ROA % distribution charts can be found below:

* The bar in red indicates where Okayamaken Freight Transportation Co's ROA % falls into.


TSE:9063
68GF Score
Okayamaken Freight Transportation Co Ltd TSE:9063
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okayamaken Freight Transportation Co ROA % Calculation

Okayamaken Freight Transportation 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 )
=2719.145/( (47388.965+51319.979)/ 2 )
=2719.145/49354.472
=5.51 %

Okayamaken Freight Transportation 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 )
=4142.106/( (48681.645+51319.979)/ 2 )
=4142.106/50000.812
=8.28 %

* 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 8.28% mean?
Okayamaken Freight Transportation Co (TSE:9063) has a ROA % of 8.28% 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 Okayamaken Freight Transportation Co and its competitors. This is 180% above median its historical median of 2.96. Over the past decade, Okayamaken Freight Transportation Co's ROA % has ranged from 2.04 to 5.53. According to the industry distribution chart, Okayamaken Freight Transportation Co ranks #333 out of 1010 companies in the Transportation industry, placing it in the top 33%.
Is Okayamaken Freight Transportation Co's ROA % too high?
Okayamaken Freight Transportation Co's current ROA % of 8.28% is 180% above median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 5.53. The Transportation industry median ROA % is 3.46. Okayamaken Freight Transportation Co's value of 8.28% is 139.3% above this industry median. Based on the distribution chart, Okayamaken Freight Transportation Co ranks #333 out of 1010 companies in the Transportation industry, which is above the industry midpoint. Overall, Okayamaken Freight Transportation Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okayamaken Freight Transportation Co's ROA % compare to ODFL and XPO?
According to the Transportation industry distribution chart, Okayamaken Freight Transportation Co ranks #333 out of 1010 companies for ROA %. This puts Okayamaken Freight Transportation Co in the upper half of its industry. The industry median ROA % is 3.46. Okayamaken Freight Transportation Co's value of 8.28% is 139.3% above this benchmark. Historically, Okayamaken Freight Transportation Co's own ROA % has ranged from 2.04 to 5.53 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 3.46, Okayamaken Freight Transportation 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 Transportation company?
The median ROA % among Transportation companies is 3.46, based on 1,010 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. Okayamaken Freight Transportation Co's current ROA % of 8.28% is 139.3% 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 Okayamaken Freight Transportation Co and its competitors. For the Transportation industry, the median ROA % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okayamaken Freight Transportation Co's current ROA % is 8.28%, which is 180% above median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okayamaken Freight Transportation Co stock overvalued right now?
Based on GuruFocus' analysis, Okayamaken Freight Transportation Co (TSE:9063) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,356.71, compared to a current price of 円4,025.00 — trading 19.9% above its estimated fair value. The current ROA % is 8.28%, which is 180% above median its 10-year median of 2.96 and 139.3% above the Transportation industry median of 3.46. Okayamaken Freight Transportation Co's overall GF Score™ is 68/100 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 Okayamaken Freight Transportation Co (TSE:9063), the current ROA % is 8.28% 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 Okayamaken Freight Transportation Co (TSE:9063) Overvalued in 2026?

Based on GuruFocus' analysis, Okayamaken Freight Transportation Co stock appears to be overvalued. The current stock price of 円4,025.00 is trading 19.9% above its estimated GF Value™ of 円3,356.71. GuruFocus considers Okayamaken Freight Transportation Co to be Modestly Overvalued.

Key valuation signals for TSE:9063:

  • ROA %: 8.28% (180% above median its 10-year median of 2.96)
  • GF Value™: 円3,356.71 vs. price of 円4,025.00 (19.9% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 139.3% above the Transportation median (#333 of 1010)

No single metric tells the full story. See the TSE:9063 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okayamaken Freight Transportation Co Business Description

Address No. 4 No. 31, Kiyoshincho Kita-ku, Okayama, JPN, 700-0027
Okayamaken Freight Transportation Co Ltd is a cargo trucking company in Japan. The Company also provides door-to-door parcel delivery services. Okayamaken Freight Transportation leases building and sells oil products and automobile parts. Its business lines include Freight car transportation business, Warehousing, Air transport agent agency, Industrial waste collection, and transportation.
68GF Score

Get the complete analysis for TSE:9063

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

円4,025.00
Price
円3,356.71
GF Value