Toshin Holdings Co (TSE:9444) ROA %: 2.41% (As of Oct. 2025) — 187% Above Median

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TSE:9444 Toshin Holdings Co Ltd TSE:9444
38 GF Score
Price 円233.00
GF Value 円652.03
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Toshin Holdings Co ROA %?

Toshin Holdings Co TSE:9444 +0.87% 38 ROA % is 2.41% as of Oct. 2025, which is 187% above its 10-year median of 0.84. GuruFocus rates TSE:9444 with a GF Score™ of 38/100 and a GF Value™ of 円652.03 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,136 Retail - Cyclical companies, Toshin Holdings Co ranks worse than 57.75% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Toshin Holdings Co's annualized Net Income for the quarter that ended in Oct. 2025 was 円571 Mil. Toshin Holdings Co's average Total Assets over the quarter that ended in Oct. 2025 was 円23,697 Mil. Therefore, Toshin Holdings Co's annualized ROA % for the quarter that ended in Oct. 2025 was 2.41%.

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

TSE:9444' s ROA % Range Over the Past 10 Years
Min: -1.52   Med: 0.84   Max: 1.77
Current: 1.77

During the past 13 years, Toshin Holdings Co's highest ROA % was 1.77%. The lowest was -1.52%. And the median was 0.84%.

TSE:9444's ROA % is ranked worse than
57.75% of 1136 companies
in the Retail - Cyclical industry
Industry Median: 2.73 vs TSE:9444: 1.77

Toshin Holdings Co  (TSE:9444) 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: Oct. 2025 )
=Net Income/Total Assets
=571.252/23696.6945
=(Net Income / Revenue)*(Revenue / Total Assets)
=(571.252 / 18315.088)*(18315.088 / 23696.6945)
=Net Margin %*Asset Turnover
=3.12 %*0.7729
=2.41 %

Note: The Net Income data used here is four times the quarterly (Oct. 2025) net income data. The Revenue data used here is four times the quarterly (Oct. 2025) 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.


Toshin Holdings Co ROA % Related Terms


Toshin Holdings Co ROA % Historical Data

* Premium members only.

The historical data trend for Toshin Holdings 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.

Toshin Holdings Co ROA % Chart

Toshin Holdings Co Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.52 1.34 1.67 0.60 -0.07

Toshin Holdings Co Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Apr25 Jul25 Oct25 Jan26
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 0.00 0.00 0.35 2.41 4.35

TSE:9444 vs CASY, WSM, DKS: ROA % Comparison

For the Specialty Retail subindustry, Toshin Holdings 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.


Toshin Holdings Co ROA % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Toshin Holdings Co's ROA % distribution charts can be found below:

* The bar in red indicates where Toshin Holdings Co's ROA % falls into.


TSE:9444
38GF Score
Toshin Holdings Co Ltd TSE:9444
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toshin Holdings Co ROA % Calculation

Toshin Holdings Co's annualized ROA % for the fiscal year that ended in Apr. 2025 is calculated as:

ROA %=Net Income (A: Apr. 2025 )/( (Total Assets (A: Apr. 2024 )+Total Assets (A: Apr. 2025 ))/ count )
=-16.242/( (24185.866+24702.146)/ 2 )
=-16.242/24444.006
=-0.07 %

Toshin Holdings Co's annualized ROA % for the quarter that ended in Oct. 2025 is calculated as:

ROA %=Net Income (Q: Oct. 2025 )/( (Total Assets (Q: Jul. 2025 )+Total Assets (Q: Oct. 2025 ))/ count )
=571.252/( (23273.957+24119.432)/ 2 )
=571.252/23696.6945
=2.41 %

* 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 (Oct. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 2.41% mean?
Toshin Holdings Co (TSE:9444) has a ROA % of 2.41% as of Oct. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Toshin Holdings Co and its competitors. This is 187% above median its historical median of 0.84. According to the industry distribution chart, Toshin Holdings Co ranks #656 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 57.7%.
Is Toshin Holdings Co's ROA % too high?
Toshin Holdings Co's current ROA % of 2.41% is 187% above median its 10-year median of 0.84. The Retail - Cyclical industry median ROA % is 2.73. Toshin Holdings Co's value of 2.41% is 11.7% below this industry median. Based on the distribution chart, Toshin Holdings Co ranks #656 out of 1136 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Toshin Holdings Co has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Toshin Holdings Co's ROA % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Toshin Holdings Co ranks #656 out of 1136 companies for ROA %. This places Toshin Holdings Co in the lower half of its industry. The industry median ROA % is 2.73. Toshin Holdings Co's value of 2.41% is 11.7% below this benchmark. While the company's 10-year median is 0.84 vs. the industry median of 2.73, Toshin Holdings Co has consistently been below 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 Retail - Cyclical company?
The median ROA % among Retail - Cyclical companies is 2.73, based on 1,136 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. Toshin Holdings Co's current ROA % of 2.41% is 11.7% below 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 Toshin Holdings Co and its competitors. For the Retail - Cyclical industry, the median ROA % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toshin Holdings Co's current ROA % is 2.41%, which is 187% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toshin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Toshin Holdings Co (TSE:9444) is currently considered Possible Value Trap. The stock's GF Value™ is 円652.03, compared to a current price of 円233.00 — trading 64.3% below its estimated fair value. The current ROA % is 2.41%, which is 187% above median its 10-year median of 0.84 and 11.7% below the Retail - Cyclical industry median of 2.73. Toshin Holdings Co's overall GF Score™ is 38/100 with 6 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 Toshin Holdings Co (TSE:9444), the current ROA % is 2.41% as of Oct. 2025. 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 Toshin Holdings Co (TSE:9444) Overvalued in 2026?

Based on GuruFocus' analysis, Toshin Holdings Co stock appears to be undervalued. The current stock price of 円233.00 is trading 64.3% below its estimated GF Value™ of 円652.03. GuruFocus considers Toshin Holdings Co to be Possible Value Trap.

Key valuation signals for TSE:9444:

  • ROA %: 2.41% (187% above median its 10-year median of 0.84)
  • GF Value™: 円652.03 vs. price of 円233.00 (64.3% below fair value)
  • GF Score™: 38/100 with 6 warning signs
  • Industry Position: 11.7% below the Retail - Cyclical median (#656 of 1136)

No single metric tells the full story. See the TSE:9444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toshin Holdings Co Business Description

Address Aichi Prefecture, Naka-ku Sakae, 3-4-21 Toshin Sakae Building, Nagoya, JPN, 460 0008
Toshin Holdings Co Ltd is engaged in the sale of mobile phone and other communication equipment. It also offers leasing and sale of real estate properties, provides asset management services, operates golf courses and restaurants, sales drinking water. Its other business includes OA equipment sales, air conditioner sales, drinking water sales, rental conference room operation, golfers salon management.
38GF Score

Get the complete analysis for TSE:9444

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

円233.00
Price
円652.03
GF Value