Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tre HoldingsTSE:9247 -2.06%54 ROA % is 6.04% as of Mar. 2026, which is 52% above its 10-year median of 3.97. GuruFocus rates TSE:9247 with a GF Score™ of 54/100 and a GF Value™ of 円1,609.31 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 245 Waste Management companies, Tre Holdings ranks better than 87.35% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tre Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was 円10,344 Mil.
Tre Holdings's average Total Assets over the quarter that ended in Mar. 2026 was 円171,201 Mil. Therefore, Tre Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 6.04%.
The historical rank and industry rank for Tre Holdings's ROA % or its related term are showing as below:
TSE:9247'
s ROA % Range Over the Past 10 Years
Min: 2.64 Med: 3.97 Max: 8.84
Current: 8.74
During the past 5 years, Tre Holdings's highest ROA % was 8.84%. The lowest was 2.64%. And the median was 3.97%.
TSE:9247's ROA % is ranked better than 87.35% of 245
companies
in the Waste Management industry
Industry Median: 1.81
vs TSE:9247: 8.74
Tre Holdings (TSE:9247) 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 four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.
Tre Holdings ROA % Related Terms
Tre Holdings ROA % Historical Data
* Premium members only.
The historical data trend for Tre Holdings'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, Tre Holdings'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.
Tre Holdings ROA % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tre Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Tre Holdings'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 four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Tre Holdings (TSE:9247) has a ROA % of 6.04% 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 Tre Holdings and its competitors. This is 52% above median its historical median of 3.97. Over the past decade, Tre Holdings' ROA % has ranged from 2.64 to 8.84. According to the industry distribution chart, Tre Holdings ranks #31 out of 245 companies in the Waste Management industry, placing it in the top 12.7%.
Is Tre Holdings' ROA % too high?
Tre Holdings' current ROA % of 6.04% is 52% above median its 10-year median of 3.97. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 8.84. The Waste Management industry median ROA % is 1.81. Tre Holdings' value of 6.04% is 233.7% above this industry median. Based on the distribution chart, Tre Holdings ranks #31 out of 245 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Tre Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tre Holdings' ROA % compare to WM and RSG?
According to the Waste Management industry distribution chart, Tre Holdings ranks #31 out of 245 companies for ROA %. This places Tre Holdings in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 1.81. Tre Holdings' value of 6.04% is 233.7% above this benchmark. Historically, Tre Holdings' own ROA % has ranged from 2.64 to 8.84 over the past decade. While the company's 10-year median is 3.97 vs. the industry median of 1.81, Tre Holdings 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 1.81, based on 245 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. Tre Holdings's current ROA % of 6.04% is 233.7% 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 Tre Holdings and its competitors. For the Waste Management industry, the median ROA % is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tre Holdings's current ROA % is 6.04%, which is 52% above median its own 10-year median of 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tre Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tre Holdings (TSE:9247) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,609.31, compared to a current price of 円2,136.00 — trading 32.7% above its estimated fair value. The current ROA % is 6.04%, which is 52% above median its 10-year median of 3.97 and 233.7% above the Waste Management industry median of 1.81. Tre Holdings' overall GF Score™ is 54/100 with 7 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 Tre Holdings (TSE:9247), the current ROA % is 6.04% 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 Tre Holdings (TSE:9247) Overvalued in 2026?
Based on GuruFocus' analysis, Tre Holdings stock appears to be overvalued.
The current stock price of 円2,136.00 is trading 32.7% above its estimated GF Value™ of 円1,609.31.
GuruFocus considers Tre Holdings to be Significantly Overvalued.
Key valuation signals for TSE:9247:
ROA %: 6.04% (52% above median its 10-year median of 3.97)
GF Value™: 円1,609.31 vs. price of 円2,136.00 (32.7% above fair value)
Industry Position: 233.7% above the Waste Management median (#31 of 245)
No single metric tells the full story. See the TSE:9247 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tre Holdings Corp is involved in managing and related activities of its subsidiaries, which operate in the waste treatment and recycling industry, renewable energy sector, environmental engineering, scrap metal recycling, and the disposal of end-of-life vehicles and scrapped home appliances.
54GF Score
Get the complete analysis for TSE:9247
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9247 has been successfully added to your 
