Katana CapitalASX:KAT 65 ROA % is 23.77% as of Dec. 2025, which is 855% above its 10-year median of 2.49. GuruFocus rates ASX:KAT with a GF Score™ of 65/100 and a GF Value™ of A$3.94 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,639 Asset Management companies, Katana Capital ranks better than 84.93% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Katana Capital's annualizedNet Income for the quarter that ended in Dec. 2025 was A$11.60 Mil.
Katana Capital's average Total Assets over the quarter that ended in Dec. 2025 was A$48.82 Mil. Therefore, Katana Capital's annualized ROA % for the quarter that ended in Dec. 2025 was 23.77%.
The historical rank and industry rank for Katana Capital's ROA % or its related term are showing as below:
ASX:KAT'
s ROA % Range Over the Past 10 Years
Min: -1.12 Med: 2.49 Max: 16.55
Current: 16.55
During the past 13 years, Katana Capital's highest ROA % was 16.55%. The lowest was -1.12%. And the median was 2.49%.
ASX:KAT's ROA % is ranked better than 84.93% of 1639
companies
in the Asset Management industry
Industry Median: 3.95
vs ASX:KAT: 16.55
Katana Capital (ASX:KAT) 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 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.
Katana Capital ROA % Related Terms
Katana Capital ROA % Historical Data
* Premium members only.
The historical data trend for Katana Capital'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.
For the Asset Management subindustry, Katana Capital'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.
Katana Capital ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Katana Capital's ROA % distribution charts can be found below:
* The bar in red indicates where Katana Capital'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.
Katana Capital (ASX:KAT) has a ROA % of 23.77% 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 Katana Capital and its competitors. This is 855% above median its historical median of 2.49. According to the industry distribution chart, Katana Capital ranks #247 out of 1639 companies in the Asset Management industry, placing it in the top 15.1%.
Is Katana Capital's ROA % too high?
Katana Capital's current ROA % of 23.77% is 855% above median its 10-year median of 2.49. The Asset Management industry median ROA % is 3.95. Katana Capital's value of 23.77% is 501.8% above this industry median. Based on the distribution chart, Katana Capital ranks #247 out of 1639 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Katana Capital has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Katana Capital's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, Katana Capital ranks #247 out of 1639 companies for ROA %. This places Katana Capital in the top 15% of its industry — outperforming the majority of peers. The industry median ROA % is 3.95. Katana Capital's value of 23.77% is 501.8% above this benchmark. While the company's 10-year median is 2.49 vs. the industry median of 3.95, Katana Capital 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 an Asset Management company?
The median ROA % among Asset Management companies is 3.95, based on 1,639 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. Katana Capital's current ROA % of 23.77% is 501.8% 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 Katana Capital and its competitors. For the Asset Management industry, the median ROA % is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Katana Capital's current ROA % is 23.77%, which is 855% above median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Katana Capital stock overvalued right now?
Based on GuruFocus' analysis, Katana Capital (ASX:KAT) is currently considered Significantly Undervalued. The stock's GF Value™ is A$3.94, compared to a current price of A$1.39 — trading 64.8% below its estimated fair value. The current ROA % is 23.77%, which is 855% above median its 10-year median of 2.49 and 501.8% above the Asset Management industry median of 3.95. Katana Capital's overall GF Score™ is 65/100 with 2 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 Katana Capital (ASX:KAT), the current ROA % is 23.77% 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 Katana Capital (ASX:KAT) Overvalued in 2026?
Based on GuruFocus' analysis, Katana Capital stock appears to be undervalued.
The current stock price of A$1.39 is trading 64.8% below its estimated GF Value™ of A$3.94.
GuruFocus considers Katana Capital to be Significantly Undervalued.
Key valuation signals for ASX:KAT:
ROA %: 23.77% (855% above median its 10-year median of 2.49)
GF Value™: A$3.94 vs. price of A$1.39 (64.8% below fair value)
Industry Position: 501.8% above the Asset Management median (#247 of 1639)
No single metric tells the full story. See the ASX:KAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Katana Capital Ltd is an investment company. It is engaged in investing in equity securities, debt instruments and related derivatives. Its objective is to maximize risk-adjusted returns to shareholders throughout all economic and market cycles.
65GF Score
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