Fuluhashi EpoTSE:9221 +0.09%68 ROA % is 7.90% as of Mar. 2026, which is 26% above its 10-year median of 6.25. GuruFocus rates TSE:9221 with a GF Score™ of 68/100 and a GF Value™ of 円1,147.89 (Fairly Valued). The stock has 3 warning signs investors should review. Among 247 Waste Management companies, Fuluhashi Epo ranks better than 82.19% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Fuluhashi Epo's annualizedNet Income for the quarter that ended in Mar. 2026 was 円1,045 Mil.
Fuluhashi Epo's average Total Assets over the quarter that ended in Mar. 2026 was 円13,214 Mil. Therefore, Fuluhashi Epo's annualized ROA % for the quarter that ended in Mar. 2026 was 7.90%.
The historical rank and industry rank for Fuluhashi Epo's ROA % or its related term are showing as below:
TSE:9221'
s ROA % Range Over the Past 10 Years
Min: 2.33 Med: 6.25 Max: 8.8
Current: 6.92
During the past 7 years, Fuluhashi Epo's highest ROA % was 8.80%. The lowest was 2.33%. And the median was 6.25%.
TSE:9221's ROA % is ranked better than 82.19% of 247
companies
in the Waste Management industry
Industry Median: 1.54
vs TSE:9221: 6.92
Fuluhashi Epo (TSE:9221) 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 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.
Fuluhashi Epo ROA % Related Terms
Fuluhashi Epo ROA % Historical Data
* Premium members only.
The historical data trend for Fuluhashi Epo'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 Waste Management subindustry, Fuluhashi Epo'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.
Fuluhashi Epo ROA % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Fuluhashi Epo's ROA % distribution charts can be found below:
* The bar in red indicates where Fuluhashi Epo'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 two times the semi-annual (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Fuluhashi Epo (TSE:9221) has a ROA % of 7.90% 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 Fuluhashi Epo and its competitors. This is 26% above median its historical median of 6.25. Over the past decade, Fuluhashi Epo's ROA % has ranged from 2.33 to 8.80. According to the industry distribution chart, Fuluhashi Epo ranks #44 out of 247 companies in the Waste Management industry, placing it in the top 17.8%.
Is Fuluhashi Epo's ROA % too high?
Fuluhashi Epo's current ROA % of 7.90% is 26% above median its 10-year median of 6.25. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 8.80. The Waste Management industry median ROA % is 1.54. Fuluhashi Epo's value of 7.90% is 413% above this industry median. Based on the distribution chart, Fuluhashi Epo ranks #44 out of 247 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Fuluhashi Epo has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fuluhashi Epo's ROA % compare to WM and RSG?
According to the Waste Management industry distribution chart, Fuluhashi Epo ranks #44 out of 247 companies for ROA %. This places Fuluhashi Epo in the top 18% of its industry — outperforming the majority of peers. The industry median ROA % is 1.54. Fuluhashi Epo's value of 7.90% is 413% above this benchmark. Historically, Fuluhashi Epo's own ROA % has ranged from 2.33 to 8.80 over the past decade. While the company's 10-year median is 6.25 vs. the industry median of 1.54, Fuluhashi Epo 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 Waste Management company?
The median ROA % among Waste Management companies is 1.54, based on 247 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. Fuluhashi Epo's current ROA % of 7.90% is 413% 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 Fuluhashi Epo and its competitors. For the Waste Management industry, the median ROA % is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuluhashi Epo's current ROA % is 7.90%, which is 26% above median its own 10-year median of 6.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuluhashi Epo stock overvalued right now?
Based on GuruFocus' analysis, Fuluhashi Epo (TSE:9221) is currently considered Fairly Valued. The stock's GF Value™ is 円1,147.89, compared to a current price of 円1,170.00 — trading 1.9% above its estimated fair value. The current ROA % is 7.90%, which is 26% above median its 10-year median of 6.25 and 413% above the Waste Management industry median of 1.54. Fuluhashi Epo's overall GF Score™ is 68/100 with 3 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 Fuluhashi Epo (TSE:9221), the current ROA % is 7.90% 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 Fuluhashi Epo (TSE:9221) Overvalued in 2026?
Based on GuruFocus' analysis, Fuluhashi Epo stock appears to be overvalued.
The current stock price of 円1,170.00 is trading 1.9% above its estimated GF Value™ of 円1,147.89.
GuruFocus considers Fuluhashi Epo to be Fairly Valued.
Key valuation signals for TSE:9221:
ROA %: 7.90% (26% above median its 10-year median of 6.25)
GF Value™: 円1,147.89 vs. price of 円1,170.00 (1.9% above fair value)
Industry Position: 413% above the Waste Management median (#44 of 247)
No single metric tells the full story. See the TSE:9221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fuluhashi Epo Corp provides environmental solutions, such as recycling wood waste, selling recycled wood chips as fuel or raw material products, and recycling construction by-products generated at construction sites. In addition, it is involved in manufacturing and selling logistics equipment that takes into consideration the entire process from collection to recycling, and purchasing and selling used logistics equipment. The group's reportable segments are the biomaterials business and the resource recycling business. The majority of its revenue is generated from the biomaterials business, which is engaged in the contract processing of wood waste materials and the manufacture and sale of wood resource chips (raw material chips and fuel chips).
68GF Score
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