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Genda (TSE:9166) ROA % : 7.34% (As of Jan. 2024)


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What is Genda ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Genda's annualized Net Income for the quarter that ended in Jan. 2024 was 円3,416 Mil. Genda's average Total Assets over the quarter that ended in Jan. 2024 was 円46,527 Mil. Therefore, Genda's annualized ROA % for the quarter that ended in Jan. 2024 was 7.34%.

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

TSE:9166' s ROA % Range Over the Past 10 Years
Min: 10.05   Med: 10.21   Max: 12.1
Current: 10.72

During the past 3 years, Genda's highest ROA % was 12.10%. The lowest was 10.05%. And the median was 10.21%.

TSE:9166's ROA % is ranked better than
87.17% of 834 companies
in the Travel & Leisure industry
Industry Median: 2.285 vs TSE:9166: 10.72

Genda ROA % Historical Data

The historical data trend for Genda'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.

* Premium members only.

Genda ROA % Chart

Genda Annual Data
Trend Jan22 Jan23 Jan24
ROA %
10.21 12.10 10.05

Genda Quarterly Data
Jan22 Jan23 Apr23 Jul23 Oct23 Jan24
ROA % Get a 7-Day Free Trial - 19.96 4.39 13.62 7.34

Competitive Comparison of Genda's ROA %

For the Leisure subindustry, Genda'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.


Genda's ROA % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Genda's ROA % distribution charts can be found below:

* The bar in red indicates where Genda's ROA % falls into.



Genda ROA % Calculation

Genda's annualized ROA % for the fiscal year that ended in Jan. 2024 is calculated as:

ROA %=Net Income (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=4178/( (31033+52141)/ 2 )
=4178/41587
=10.05 %

Genda's annualized ROA % for the quarter that ended in Jan. 2024 is calculated as:

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=3416/( (40913+52141)/ 2 )
=3416/46527
=7.34 %

* 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.


Genda  (TSE:9166) 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: Jan. 2024 )
=Net Income/Total Assets
=3416/46527
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3416 / 67556)*(67556 / 46527)
=Net Margin %*Asset Turnover
=5.06 %*1.452
=7.34 %

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.


Genda ROA % Related Terms

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Genda (TSE:9166) Business Description

Traded in Other Exchanges
N/A
Address
1-9-1 Higashi Shimbashi, Tokyo Shiodome Building 17th Floor, Minato-ku, Tokyo, JPN, 105-7317
Genda Inc is a pure holding company engaged in management support for several subsidiaries in entertainment businesses. Its main business is the operation of approximately 250 amusement arcades mainly under the GiGO brand through its wholly owned subsidiary GENDA GiGO Entertainment. Other businesses include amusement machine leasing, online crane games, sales promotions, and character licensing.

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