Myer HoldingsASX:MYR +1.64%42 ROA % is 2.53% as of Jan. 2026, which is 38% above its 10-year median of 1.83. GuruFocus rates ASX:MYR with a GF Score™ of 42/100 and a GF Value™ of A$0.49 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,134 Retail - Cyclical companies, Myer Holdings ranks worse than 87.13% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Myer Holdings's annualizedNet Income for the quarter that ended in Jan. 2026 was A$81 Mil.
Myer Holdings's average Total Assets over the quarter that ended in Jan. 2026 was A$3,184 Mil. Therefore, Myer Holdings's annualized ROA % for the quarter that ended in Jan. 2026 was 2.53%.
The historical rank and industry rank for Myer Holdings's ROA % or its related term are showing as below:
ASX:MYR'
s ROA % Range Over the Past 10 Years
Min: -30.08 Med: 1.83 Max: 3.23
Current: -6.83
During the past 13 years, Myer Holdings's highest ROA % was 3.23%. The lowest was -30.08%. And the median was 1.83%.
ASX:MYR's ROA % is ranked worse than 87.13% of 1134
companies
in the Retail - Cyclical industry
Industry Median: 2.725
vs ASX:MYR: -6.83
Myer Holdings (ASX:MYR) 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 (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 2026) 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.
Myer Holdings ROA % Related Terms
Myer Holdings ROA % Historical Data
* Premium members only.
The historical data trend for Myer Holdings'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 Department Stores subindustry, Myer Holdings'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.
Myer Holdings ROA % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Myer Holdings'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 (Jan. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Myer Holdings (ASX:MYR) has a ROA % of 2.53% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Myer Holdings and its competitors. This is 38% above median its historical median of 1.83. According to the industry distribution chart, Myer Holdings ranks #988 out of 1134 companies in the Retail - Cyclical industry, placing it in the top 87.1%.
Is Myer Holdings' ROA % too high?
Myer Holdings' current ROA % of 2.53% is 38% above median its 10-year median of 1.83. The Retail - Cyclical industry median ROA % is 2.73. Myer Holdings' value of 2.53% is 7.2% below this industry median. Based on the distribution chart, Myer Holdings ranks #988 out of 1134 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Myer Holdings has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Myer Holdings' ROA % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Myer Holdings ranks #988 out of 1134 companies for ROA %. This places Myer Holdings in the lower half of its industry. The industry median ROA % is 2.73. Myer Holdings' value of 2.53% is 7.2% below this benchmark. While the company's 10-year median is 1.83 vs. the industry median of 2.73, Myer Holdings has consistently been below 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 Retail - Cyclical company?
The median ROA % among Retail - Cyclical companies is 2.73, based on 1,134 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. Myer Holdings's current ROA % of 2.53% is 7.2% below 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 Myer Holdings and its competitors. For the Retail - Cyclical industry, the median ROA % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myer Holdings's current ROA % is 2.53%, which is 38% above median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Myer Holdings (ASX:MYR) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.49, compared to a current price of A$0.31 — trading 36.7% below its estimated fair value. The current ROA % is 2.53%, which is 38% above median its 10-year median of 1.83 and 7.2% below the Retail - Cyclical industry median of 2.73. Myer Holdings' overall GF Score™ is 42/100 with 4 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 Myer Holdings (ASX:MYR), the current ROA % is 2.53% as of Jan. 2026. 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 Myer Holdings (ASX:MYR) Overvalued in 2026?
Based on GuruFocus' analysis, Myer Holdings stock appears to be undervalued.
The current stock price of A$0.31 is trading 36.7% below its estimated GF Value™ of A$0.49.
GuruFocus considers Myer Holdings to be Possible Value Trap.
Key valuation signals for ASX:MYR:
ROA %: 2.53% (38% above median its 10-year median of 1.83)
GF Value™: A$0.49 vs. price of A$0.31 (36.7% below fair value)
Industry Position: 7.2% below the Retail - Cyclical median (#988 of 1134)
No single metric tells the full story. See the ASX:MYR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Myer is one of Australia's largest fashion and beauty retailers, with some 60 department stores stores and over 700 stores across its five apparel chains: Dotti, Jacquie E, Jay Jays, Just Jeans, and Portmans. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The Myer brand is iconic among Australian domestic consumers, with its loyalty program boasting over 4 million active members.
42GF Score
Get the complete analysis for ASX:MYR
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:MYR has been successfully added to your 
