ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. CapitaLand Ascendas REIT's annualizedNet Income for the quarter that ended in Dec. 2025 was $739 Mil.
CapitaLand Ascendas REIT's average Total Assets over the quarter that ended in Dec. 2025 was $14,856 Mil. Therefore, CapitaLand Ascendas REIT's annualized ROA % for the quarter that ended in Dec. 2025 was 4.97%.
The historical rank and industry rank for CapitaLand Ascendas REIT's ROA % or its related term are showing as below:
ACDSF'
s ROA % Range Over the Past 10 Years
Min: 0.93 Med: 4.23 Max: 5.83
Current: 4.14
During the past 13 years, CapitaLand Ascendas REIT's highest ROA % was 5.83%. The lowest was 0.93%. And the median was 4.23%.
ACDSF's ROA % is ranked better than 58.96% of 938
companies
in the REITs industry
Industry Median: 3.23
vs ACDSF: 4.14
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 two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
* 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 REIT - Industrial subindustry, CapitaLand Ascendas REIT'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.
CapitaLand Ascendas REIT ROA % vs REITs Industry
For the REITs industry and Real Estate sector, CapitaLand Ascendas REIT's ROA % distribution charts can be found below:
* The bar in red indicates where CapitaLand Ascendas REIT'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 two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
CapitaLand Ascendas REIT (ACDSF) has a ROA % of 4.97% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on CapitaLand Ascendas REIT and its competitors. This is 17% above median its historical median of 4.23. Over the past decade, CapitaLand Ascendas REIT's ROA % has ranged from 0.93 to 5.83. According to the industry distribution chart, CapitaLand Ascendas REIT ranks #385 out of 938 companies in the REITs industry, placing it in the top 41%.
Is CapitaLand Ascendas REIT's ROA % too high?
CapitaLand Ascendas REIT's current ROA % of 4.97% is 17% above median its 10-year median of 4.23. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 5.83. The REITs industry median ROA % is 3.23. CapitaLand Ascendas REIT's value of 4.97% is 53.9% above this industry median. Based on the distribution chart, CapitaLand Ascendas REIT ranks #385 out of 938 companies in the REITs industry, which is above the industry midpoint. Overall, CapitaLand Ascendas REIT has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CapitaLand Ascendas REIT's ROA % compare to PLD and PSA?
According to the REITs industry distribution chart, CapitaLand Ascendas REIT ranks #385 out of 938 companies for ROA %. This puts CapitaLand Ascendas REIT in the upper half of its industry. The industry median ROA % is 3.23. CapitaLand Ascendas REIT's value of 4.97% is 53.9% above this benchmark. Historically, CapitaLand Ascendas REIT's own ROA % has ranged from 0.93 to 5.83 over the past decade. While the company's 10-year median is 4.23 vs. the industry median of 3.23, CapitaLand Ascendas REIT 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 REITs company?
The median ROA % among REITs companies is 3.23, based on 938 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. CapitaLand Ascendas REIT's current ROA % of 4.97% is 53.9% 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 CapitaLand Ascendas REIT and its competitors. For the REITs industry, the median ROA % is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CapitaLand Ascendas REIT's current ROA % is 4.97%, which is 17% above median its own 10-year median of 4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapitaLand Ascendas REIT stock overvalued right now?
Based on GuruFocus' analysis, CapitaLand Ascendas REIT (ACDSF) is currently considered Fairly Valued. The stock's GF Value™ is $1.84, compared to a current price of $1.95 — trading 5.7% above its estimated fair value. The current ROA % is 4.97%, which is 17% above median its 10-year median of 4.23 and 53.9% above the REITs industry median of 3.23. CapitaLand Ascendas REIT's overall GF Score™ is 81/100 with 9 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 CapitaLand Ascendas REIT (ACDSF), the current ROA % is 4.97% as of Dec. 2025. 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 CapitaLand Ascendas REIT (ACDSF) Overvalued in 2026?
Based on GuruFocus' analysis, CapitaLand Ascendas REIT stock appears to be overvalued.
The current stock price of $1.95 is trading 5.7% above its estimated GF Value™ of $1.84.
GuruFocus considers CapitaLand Ascendas REIT to be Fairly Valued.
Key valuation signals for ACDSF:
ROA %: 4.97% (17% above median its 10-year median of 4.23)
GF Value™: $1.84 vs. price of $1.95 (5.7% above fair value)
Industry Position: 53.9% above the REITs median (#385 of 938)
No single metric tells the full story. See the ACDSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CapitaLand Ascendas REIT is a real estate investment trust focusing on the industrial and business space. As of Dec. 31, 2025, it held a SGD 18.2 billion portfolio of 222 properties across Singapore, Australia, Europe, and the US. The property types encompass business and science parks, high-specification industrial properties, data centers, light industrial properties, and logistics and distribution centers. The trust is externally managed by Ascendas Funds Management, a subsidiary of CapitaLand Investment, which owns a 17.5% stake in the trust.
81GF Score
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