Nareru Group (TSE:9163) ROA %: 7.60% (As of Apr. 2026) — Near Median


TSE:9163 Nareru Group Inc TSE:9163
55 GF Score
Price 円2,251.00
GF Value 円2,924.93
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Nareru Group ROA %?

Nareru Group TSE:9163 +0.09% 55 ROA % is 7.60% as of Apr. 2026, which is 7% below its 10-year median of 8.16. GuruFocus rates TSE:9163 with a GF Score™ of 55/100 and a GF Value™ of 円2,924.93 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,776 Construction companies, Nareru Group ranks better than 81.59% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nareru Group's annualized Net Income for the quarter that ended in Apr. 2026 was 円1,860 Mil. Nareru Group's average Total Assets over the quarter that ended in Apr. 2026 was 円24,464 Mil. Therefore, Nareru Group's annualized ROA % for the quarter that ended in Apr. 2026 was 7.60%.

The historical rank and industry rank for Nareru Group's ROA % or its related term are showing as below:

TSE:9163' s ROA % Range Over the Past 10 Years
Min: 5.65   Med: 8.16   Max: 9.49
Current: 7.97

During the past 6 years, Nareru Group's highest ROA % was 9.49%. The lowest was 5.65%. And the median was 8.16%.

TSE:9163's ROA % is ranked better than
81.59% of 1776 companies
in the Construction industry
Industry Median: 2.8 vs TSE:9163: 7.97

Nareru Group  (TSE:9163) 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: Apr. 2026 )
=Net Income/Total Assets
=1860.094/24464.152
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1860.094 / 25338.386)*(25338.386 / 24464.152)
=Net Margin %*Asset Turnover
=7.34 %*1.0357
=7.60 %

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


Nareru Group ROA % Related Terms


Nareru Group ROA % Historical Data

* Premium members only.

The historical data trend for Nareru Group'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.

Nareru Group ROA % Chart

Nareru Group Annual Data
Trend Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROA %
Get a 7-Day Free Trial 5.65 6.31 8.16 9.49 8.66

Nareru Group Semi-Annual Data
Oct20 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 8.29 11.06 9.19 8.28 7.60

TSE:9163 vs PWR, FIX, EME: ROA % Comparison

For the Engineering & Construction subindustry, Nareru Group'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.


Nareru Group ROA % vs Construction Industry

For the Construction industry and Industrials sector, Nareru Group's ROA % distribution charts can be found below:

* The bar in red indicates where Nareru Group's ROA % falls into.


TSE:9163
55GF Score
Nareru Group Inc TSE:9163
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nareru Group ROA % Calculation

Nareru Group's annualized ROA % for the fiscal year that ended in Oct. 2025 is calculated as:

ROA %=Net Income (A: Oct. 2025 )/( (Total Assets (A: Oct. 2024 )+Total Assets (A: Oct. 2025 ))/ count )
=2086.906/( (23617.471+24562.104)/ 2 )
=2086.906/24089.7875
=8.66 %

Nareru Group's annualized ROA % for the quarter that ended in Apr. 2026 is calculated as:

ROA %=Net Income (Q: Apr. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Apr. 2026 ))/ count )
=1860.094/( (24562.104+24366.2)/ 2 )
=1860.094/24464.152
=7.60 %

* 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 (Apr. 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 7.60% mean?
Nareru Group (TSE:9163) has a ROA % of 7.60% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Nareru Group and its competitors. This is near median its historical median of 8.16. Over the past decade, Nareru Group's ROA % has ranged from 5.65 to 9.49. According to the industry distribution chart, Nareru Group ranks #327 out of 1776 companies in the Construction industry, placing it in the top 18.4%.
Is Nareru Group's ROA % too high?
Nareru Group's current ROA % of 7.60% is near median its 10-year median of 8.16. Over the past 10 years, this metric has ranged from a low of 5.65 to a high of 9.49. The Construction industry median ROA % is 2.80. Nareru Group's value of 7.60% is 171.4% above this industry median. Based on the distribution chart, Nareru Group ranks #327 out of 1776 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nareru Group has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nareru Group's ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, Nareru Group ranks #327 out of 1776 companies for ROA %. This places Nareru Group in the top 18% of its industry — outperforming the majority of peers. The industry median ROA % is 2.80. Nareru Group's value of 7.60% is 171.4% above this benchmark. Historically, Nareru Group's own ROA % has ranged from 5.65 to 9.49 over the past decade. While the company's 10-year median is 8.16 vs. the industry median of 2.80, Nareru Group 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 Construction company?
The median ROA % among Construction companies is 2.80, based on 1,776 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. Nareru Group's current ROA % of 7.60% is 171.4% 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 Nareru Group and its competitors. For the Construction industry, the median ROA % is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nareru Group's current ROA % is 7.60%, which is near median its own 10-year median of 8.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nareru Group stock overvalued right now?
Based on GuruFocus' analysis, Nareru Group (TSE:9163) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,924.93, compared to a current price of 円2,251.00 — trading 23% below its estimated fair value. The current ROA % is 7.60%, which is near median its 10-year median of 8.16 and 171.4% above the Construction industry median of 2.80. Nareru Group's overall GF Score™ is 55/100 with 1 warning sign 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 Nareru Group (TSE:9163), the current ROA % is 7.60% as of Apr. 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 Nareru Group (TSE:9163) Overvalued in 2026?

Based on GuruFocus' analysis, Nareru Group stock appears to be undervalued. The current stock price of 円2,251.00 is trading 23% below its estimated GF Value™ of 円2,924.93. GuruFocus considers Nareru Group to be Modestly Undervalued.

Key valuation signals for TSE:9163:

  • ROA %: 7.60% (near median its 10-year median of 8.16)
  • GF Value™: 円2,924.93 vs. price of 円2,251.00 (23% below fair value)
  • GF Score™: 55/100 with 1 warning sign
  • Industry Position: 171.4% above the Construction median (#327 of 1776)

No single metric tells the full story. See the TSE:9163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nareru Group Business Description

Address 3-5 Nibancho, 3rd Floor, Kojimachi Mitsuha Building, Chiyoda-ku, Tokyo, JPN, 102-0084
Nareru Group Inc is engaged in the Dispatching service of construction engineers and computer engineers. The company provides services in the areas of architecture, civil engineering, air conditioning and sanitary, and electrical equipment.
55GF Score

Get the complete analysis for TSE:9163

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

円2,251.00
Price
円2,924.93
GF Value