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SMC Corp
TSE:6273

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SMC Corp
TSE:6273
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Price: 76 700 JPY -5.69% Market Closed
Updated: Apr 20, 2024

ROA
Return on Assets

9.6%
Current
11%
Average
3.6%
Industry
Positive for the last year
9.6%
Positive average
11%
Worse than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
9.6%
=
Net Income
188.1B
/
Total Assets
2T

ROA Across Competitors

ROA Comparison
SMC Corp Competitors

Country JP
Market Cap 4.9T JPY
ROA
10%
Country SE
Market Cap 875.2B SEK
ROA
16%
Country US
Market Cap 74.8B USD
ROA
19%
Country US
Market Cap 68.8B USD
ROA
9%
Country US
Market Cap 38.8B USD
ROA
14%
Country US
Market Cap 35.7B USD
ROA
5%
Country US
Market Cap 30.8B USD
ROA
5%
Country JP
Market Cap 4.6T JPY
ROA
4%
Country US
Market Cap 28B USD
ROA
5%
Country SE
Market Cap 297.5B SEK
ROA
9%
Country CH
Market Cap 24.2B CHF
ROA
5%

Profitability Report

View the profitability report to see the full profitability analysis for SMC Corp.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
9.6%
=
Net Income
188.1B
/
Total Assets
2T
What is the ROA of SMC Corp?

Based on SMC Corp's most recent financial statements, the company has ROA of 9.6%.