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Kanamoto CoTSE:9678 -0.39%80 ROA % is 3.95% as of Apr. 2026, which is 24% above its 10-year median of 3.18. GuruFocus rates TSE:9678 with a GF Score™ of 80/100 and a GF Value™ of 円3,324.37 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,094 Business Services companies, Kanamoto Co ranks better than 53.2% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kanamoto Co's annualizedNet Income for the quarter that ended in Apr. 2026 was 円12,984 Mil.
Kanamoto Co's average Total Assets over the quarter that ended in Apr. 2026 was 円328,969 Mil. Therefore, Kanamoto Co's annualized ROA % for the quarter that ended in Apr. 2026 was 3.95%.
The historical rank and industry rank for Kanamoto Co's ROA % or its related term are showing as below:
TSE:9678'
s ROA % Range Over the Past 10 Years
Min: 2.16 Med: 3.18 Max: 5.06
Current: 3.94
During the past 13 years, Kanamoto Co's highest ROA % was 5.06%. The lowest was 2.16%. And the median was 3.18%.
TSE:9678's ROA % is ranked better than 53.2% of 1094
companies
in the Business Services industry
Industry Median: 3.475
vs TSE:9678: 3.94
Kanamoto Co (TSE:9678) 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 (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (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.
Kanamoto Co ROA % Related Terms
Kanamoto Co ROA % Historical Data
* Premium members only.
The historical data trend for Kanamoto 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.
For the Rental & Leasing Services subindustry, Kanamoto 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.
Kanamoto Co ROA % vs Business Services Industry
For the Business Services industry and Industrials sector, Kanamoto Co's ROA % distribution charts can be found below:
* The bar in red indicates where Kanamoto 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 (Apr. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Kanamoto Co (TSE:9678) has a ROA % of 3.95% 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 Kanamoto Co and its competitors. This is 24% above median its historical median of 3.18. Over the past decade, Kanamoto Co's ROA % has ranged from 2.16 to 5.06. According to the industry distribution chart, Kanamoto Co ranks #512 out of 1094 companies in the Business Services industry, placing it in the top 46.8%.
Is Kanamoto Co's ROA % too high?
Kanamoto Co's current ROA % of 3.95% is 24% above median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 5.06. The Business Services industry median ROA % is 3.48. Kanamoto Co's value of 3.95% is 13.7% above this industry median. Based on the distribution chart, Kanamoto Co ranks #512 out of 1094 companies in the Business Services industry, which is above the industry midpoint. Overall, Kanamoto Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanamoto Co's ROA % compare to URI and SUNB?
According to the Business Services industry distribution chart, Kanamoto Co ranks #512 out of 1094 companies for ROA %. This puts Kanamoto Co in the upper half of its industry. The industry median ROA % is 3.48. Kanamoto Co's value of 3.95% is 13.7% above this benchmark. Historically, Kanamoto Co's own ROA % has ranged from 2.16 to 5.06 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 3.48, Kanamoto 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 Business Services company?
The median ROA % among Business Services companies is 3.48, based on 1,094 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. Kanamoto Co's current ROA % of 3.95% is 13.7% 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 Kanamoto Co and its competitors. For the Business Services industry, the median ROA % is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanamoto Co's current ROA % is 3.95%, which is 24% above median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanamoto Co stock overvalued right now?
Based on GuruFocus' analysis, Kanamoto Co (TSE:9678) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,324.37, compared to a current price of 円5,090.00 — trading 53.1% above its estimated fair value. The current ROA % is 3.95%, which is 24% above median its 10-year median of 3.18 and 13.7% above the Business Services industry median of 3.48. Kanamoto Co's overall GF Score™ is 80/100 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 Kanamoto Co (TSE:9678), the current ROA % is 3.95% 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 Kanamoto Co (TSE:9678) Overvalued in 2026?
Based on GuruFocus' analysis, Kanamoto Co stock appears to be overvalued.
The current stock price of 円5,090.00 is trading 53.1% above its estimated GF Value™ of 円3,324.37.
GuruFocus considers Kanamoto Co to be Significantly Overvalued.
Key valuation signals for TSE:9678:
ROA %: 3.95% (24% above median its 10-year median of 3.18)
GF Value™: 円3,324.37 vs. price of 円5,090.00 (53.1% above fair value)
Industry Position: 13.7% above the Business Services median (#512 of 1094)
No single metric tells the full story. See the TSE:9678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kanamoto Co Ltd is a provider of construction equipment rentals. The company operates three business segments: construction equipment rental, steel products, and computing products. The construction equipment rental business is Kanamoto's core business, accounting for most of the company's revenue. The company owns various hand tools and construction equipment, such as dump trucks and hydraulic excavators, which it rents out to its customers. The steel products business sells various construction materials for engineering and construction works. The computing products business provides rentals and sale of computer-related equipment. Kanamoto operates in Asia.
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