Flexiroam (ASX:FRX) ROA %: 33.20% (As of Dec. 2025)


What is Flexiroam ROA %?

Flexiroam ASX:FRX +9.09% ROA % is 33.20% as of Dec. 2025. The stock has 3 warning signs investors should review. Among 372 Telecommunication Services companies, Flexiroam ranks better than 97.31% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Flexiroam's annualized Net Income for the quarter that ended in Dec. 2025 was A$2.85 Mil. Flexiroam's average Total Assets over the quarter that ended in Dec. 2025 was A$8.58 Mil. Therefore, Flexiroam's annualized ROA % for the quarter that ended in Dec. 2025 was 33.20%.

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

ASX:FRX' s ROA % Range Over the Past 10 Years
Min: -135.84   Med: -35.18   Max: 18.49
Current: 18.49

During the past 10 years, Flexiroam's highest ROA % was 18.49%. The lowest was -135.84%. And the median was -35.18%.

ASX:FRX's ROA % is ranked better than
97.31% of 372 companies
in the Telecommunication Services industry
Industry Median: 2.745 vs ASX:FRX: 18.49

Flexiroam  (ASX:FRX) 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: Dec. 2025 )
=Net Income/Total Assets
=2.848/8.5785
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.848 / 11.878)*(11.878 / 8.5785)
=Net Margin %*Asset Turnover
=23.98 %*1.3846
=33.20 %

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.


Flexiroam ROA % Related Terms


Flexiroam ROA % Historical Data

* Premium members only.

The historical data trend for Flexiroam'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.

Flexiroam ROA % Chart

Flexiroam Annual Data
Trend Jun15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Jun24 Jun25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -102.09 -103.26 -55.96 -11.65 -23.43

Flexiroam Semi-Annual Data
Dec15 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 -27.71 -49.72 3.14 33.20

ASX:FRX vs TMUS, VZ, T: ROA % Comparison

For the Telecom Services subindustry, Flexiroam'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.


Flexiroam ROA % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Flexiroam's ROA % distribution charts can be found below:

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



Flexiroam ROA % Calculation

Flexiroam's annualized ROA % for the fiscal year that ended in Jun. 2025 is calculated as:

ROA %=Net Income (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=-1.998/( (9.109+7.945)/ 2 )
=-1.998/8.527
=-23.43 %

Flexiroam's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=2.848/( (7.945+9.212)/ 2 )
=2.848/8.5785
=33.20 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 33.20% mean?
Flexiroam (ASX:FRX) has a ROA % of 33.20% 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 Flexiroam and its competitors. According to the industry distribution chart, Flexiroam ranks #10 out of 372 companies in the Telecommunication Services industry, placing it in the top 2.7%.
Is Flexiroam's ROA % too high?
Flexiroam's current ROA % is 33.20%. The Telecommunication Services industry median ROA % is 2.75. Flexiroam's value of 33.20% is 1109.5% above this industry median. Based on the distribution chart, Flexiroam ranks #10 out of 372 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers.
How does Flexiroam's ROA % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Flexiroam ranks #10 out of 372 companies for ROA %. This places Flexiroam in the top 3% of its industry — outperforming the majority of peers. The industry median ROA % is 2.75. Flexiroam's value of 33.20% is 1109.5% above this benchmark. 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 Telecommunication Services company?
The median ROA % among Telecommunication Services companies is 2.75, based on 372 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. Flexiroam's current ROA % of 33.20% is 1109.5% 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 Flexiroam and its competitors. For the Telecommunication Services industry, the median ROA % is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flexiroam's current ROA % is 33.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flexiroam stock overvalued right now?
Based on GuruFocus' analysis, Flexiroam (ASX:FRX) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.02 — trading 80% above its estimated fair value. The current ROA % is 33.20% and 1109.5% above the Telecommunication Services industry median of 2.75. 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 Flexiroam (ASX:FRX), the current ROA % is 33.20% 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.

Flexiroam Business Description

Address No. 6, Jalan SS21/37, Damansara Utama, Lot 4-401 & 4-402, Level 4, The Starling Mall, Petaling Jaya, SGR, MYS, 47400
Flexiroam Ltd is a virtual network operator engaged in the supply of eSIM & Physical SIM-based data solutions into the international Roaming and Solutions segments. The operating segment includes Travel and Business-to-Business (B2B). The travel segment provides mobile data connectivity solutions to consumers. Revenue is generated through two primary channels: direct-to-consumer sales and the brand partnership channel, where connectivity is provided to the end-customers of enterprise partners. The Business-to-Business (B2B) segment provides wholesale connectivity solutions and other technology services directly to business clients.