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.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Japan Process Development Co's annualizedNet Income for the quarter that ended in Feb. 2026 was 円1,200 Mil.
Japan Process Development Co's average Total Assets over the quarter that ended in Feb. 2026 was 円13,569 Mil. Therefore, Japan Process Development Co's annualized ROA % for the quarter that ended in Feb. 2026 was 8.84%.
The historical rank and industry rank for Japan Process Development Co's ROA % or its related term are showing as below:
TSE:9651'
s ROA % Range Over the Past 10 Years
Min: 3.18 Med: 4.78 Max: 10.84
Current: 8.25
During the past 13 years, Japan Process Development Co's highest ROA % was 10.84%. The lowest was 3.18%. And the median was 4.78%.
TSE:9651's ROA % is ranked better than 76.63% of 2892
companies
in the Software industry
Industry Median: 1.705
vs TSE:9651: 8.25
Japan Process Development Co (TSE:9651) 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 (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 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.
Japan Process Development Co ROA % Related Terms
Japan Process Development Co ROA % Historical 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.
For the Software - Application subindustry, Japan Process Development 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.
Japan Process Development Co ROA % vs Software Industry
For the Software industry and Technology sector, Japan Process Development Co's ROA % distribution charts can be found below:
* The bar in red indicates where Japan Process Development Co'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 (Feb. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Japan Process Development Co (TSE:9651) has a ROA % of 8.84% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Japan Process Development Co and its competitors. This is 85% above median its historical median of 4.78. Over the past decade, Japan Process Development Co's ROA % has ranged from 3.18 to 10.84. According to the industry distribution chart, Japan Process Development Co ranks #676 out of 2892 companies in the Software industry, placing it in the top 23.4%.
Is Japan Process Development Co's ROA % too high?
Japan Process Development Co's current ROA % of 8.84% is 85% above median its 10-year median of 4.78. Over the past 10 years, this metric has ranged from a low of 3.18 to a high of 10.84. The Software industry median ROA % is 1.71. Japan Process Development Co's value of 8.84% is 418.5% above this industry median. Based on the distribution chart, Japan Process Development Co ranks #676 out of 2892 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Process Development Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Process Development Co's ROA % compare to UBER and SHOP?
According to the Software industry distribution chart, Japan Process Development Co ranks #676 out of 2892 companies for ROA %. This places Japan Process Development Co in the top 23% of its industry — outperforming the majority of peers. The industry median ROA % is 1.71. Japan Process Development Co's value of 8.84% is 418.5% above this benchmark. Historically, Japan Process Development Co's own ROA % has ranged from 3.18 to 10.84 over the past decade. While the company's 10-year median is 4.78 vs. the industry median of 1.71, Japan Process Development 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 Software company?
The median ROA % among Software companies is 1.71, based on 2,892 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. Japan Process Development Co's current ROA % of 8.84% is 418.5% 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 Japan Process Development Co and its competitors. For the Software industry, the median ROA % is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Process Development Co's current ROA % is 8.84%, which is 85% above median its own 10-year median of 4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Process Development Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Process Development Co (TSE:9651) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,283.15, compared to a current price of 円1,934.00 — trading 50.7% above its estimated fair value. The current ROA % is 8.84%, which is 85% above median its 10-year median of 4.78 and 418.5% above the Software industry median of 1.71. Japan Process Development Co's overall GF Score™ is 82/100 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 Japan Process Development Co (TSE:9651), the current ROA % is 8.84% as of Feb. 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 Japan Process Development Co (TSE:9651) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Process Development Co stock appears to be overvalued.
The current stock price of 円1,934.00 is trading 50.7% above its estimated GF Value™ of 円1,283.15.
GuruFocus considers Japan Process Development Co to be Significantly Overvalued.
Key valuation signals for TSE:9651:
ROA %: 8.84% (85% above median its 10-year median of 4.78)
GF Value™: 円1,283.15 vs. price of 円1,934.00 (50.7% above fair value)
Industry Position: 418.5% above the Software median (#676 of 2892)
No single metric tells the full story. See the TSE:9651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Process Development Co Ltd is a Japan based system integration and software development company. It is involved in the control system business, automotive system business, specific information system business, embedded systems business, IT service business and others.
82GF Score
Get the complete analysis for TSE:9651
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:9651 has been successfully added to your 
