ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kamakura Shinsho's annualizedNet Income for the quarter that ended in Jan. 2024 was 円895 Mil.
Kamakura Shinsho's average Total Assets over the quarter that ended in Jan. 2024 was 円4,057 Mil. Therefore, Kamakura Shinsho's annualized ROA % for the quarter that ended in Jan. 2024 was 22.07%.
The historical rank and industry rank for Kamakura Shinsho's ROA % or its related term are showing as below:
TSE:6184'
s ROA % Range Over the Past 10 Years
Min: 1.54 Med: 13.46 Max: 20.73
Current: 13.05
During the past 10 years, Kamakura Shinsho's highest ROA % was 20.73%. The lowest was 1.54%. And the median was 13.46%.
TSE:6184's ROA % is ranked better than 89.72% of 107
companies
in the Personal Services industry
Industry Median: 2.34
vs TSE:6184: 13.05
Kamakura Shinsho ROA % Historical Data
The historical data trend for Kamakura Shinsho'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.
Competitive Comparison of Kamakura Shinsho's ROA %
For the Personal Services subindustry, Kamakura Shinsho'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.
Kamakura Shinsho's ROA % Distribution in the Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Kamakura Shinsho's ROA % distribution charts can be found below:
* The bar in red indicates where Kamakura Shinsho's ROA % falls into.
Kamakura Shinsho ROA % Calculation
Kamakura Shinsho's annualized ROA % for the fiscal year that ended in Jan. 2024 is calculated as:
* 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 (Jan. 2024) net income data.
ROA % is displayed in the 30-year financial page.
Kamakura Shinsho (TSE:6184) 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 (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) 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.
Kamakura Shinsho ROA % Related Terms
Thank you for viewing the detailed overview of Kamakura Shinsho's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kamakura Shinsho Ltd operates portal sites in Japan. The firm publishes and lectures to communicate knowledge on funerals, altar, tombs, temples. It offers portal sites that gives information on funerals; and responds to various consultations by telephone and e-mails, as well as a mobile search with GPS functions to search the funeral companies and centers. The company also operates sites that offers information on joint funerals and farewell party; family funeral knowledge and family funeral expenses; introduction of expenses to direct funeral and cremation ceremonies. In addition, it operates sites for funeral and funeral night wear, and legal flowers. Further, the company operates sites that offers information on Buddhist altar/Buddhist information; Buddha statues and Buddhist teachers.
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