Storage King GroupASX:SKG -1.91%42 ROA % is 3.88% as of Dec. 2025, which is 51% below its 10-year median of 7.87. GuruFocus rates ASX:SKG with a GF Score™ of 42/100 and a GF Value™ of A$1.53 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 940 REITs companies, Storage King Group ranks better than 82.13% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Storage King Group's annualizedNet Income for the quarter that ended in Dec. 2025 was A$142.2 Mil.
Storage King Group's average Total Assets over the quarter that ended in Dec. 2025 was A$3,663.1 Mil. Therefore, Storage King Group's annualized ROA % for the quarter that ended in Dec. 2025 was 3.88%.
The historical rank and industry rank for Storage King Group's ROA % or its related term are showing as below:
ASX:SKG'
s ROA % Range Over the Past 10 Years
Min: 7.05 Med: 7.87 Max: 8.68
Current: 8.28
During the past 4 years, Storage King Group's highest ROA % was 8.68%. The lowest was 7.05%. And the median was 7.87%.
ASX:SKG's ROA % is ranked better than 82.13% of 940
companies
in the REITs industry
Industry Median: 3.18
vs ASX:SKG: 8.28
Storage King Group (ASX:SKG) 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.
Storage King Group ROA % Related Terms
Storage King Group ROA % Historical Data
* Premium members only.
The historical data trend for Storage King Group'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 REIT - Industrial subindustry, Storage King Group'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.
Storage King Group ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Storage King Group's ROA % distribution charts can be found below:
* The bar in red indicates where Storage King Group'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.
Storage King Group (ASX:SKG) has a ROA % of 3.88% 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 Storage King Group and its competitors. This is 51% below median its historical median of 7.87. Over the past decade, Storage King Group's ROA % has ranged from 7.05 to 8.68. According to the industry distribution chart, Storage King Group ranks #168 out of 940 companies in the REITs industry, placing it in the top 17.9%.
Is Storage King Group's ROA % too high?
Storage King Group's current ROA % of 3.88% is 51% below median its 10-year median of 7.87. Over the past 10 years, this metric has ranged from a low of 7.05 to a high of 8.68. The REITs industry median ROA % is 3.18. Storage King Group's value of 3.88% is 22% above this industry median. Based on the distribution chart, Storage King Group ranks #168 out of 940 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Storage King Group has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Storage King Group's ROA % compare to PLD and PSA?
According to the REITs industry distribution chart, Storage King Group ranks #168 out of 940 companies for ROA %. This places Storage King Group in the top 18% of its industry — outperforming the majority of peers. The industry median ROA % is 3.18. Storage King Group's value of 3.88% is 22% above this benchmark. Historically, Storage King Group's own ROA % has ranged from 7.05 to 8.68 over the past decade. While the company's 10-year median is 7.87 vs. the industry median of 3.18, Storage King Group 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 3.18, based on 940 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. Storage King Group's current ROA % of 3.88% is 22% 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 Storage King Group and its competitors. For the REITs industry, the median ROA % is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Storage King Group's current ROA % is 3.88%, which is 51% below median its own 10-year median of 7.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Storage King Group stock overvalued right now?
Based on GuruFocus' analysis, Storage King Group (ASX:SKG) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.53, compared to a current price of A$1.29 — trading 16% below its estimated fair value. The current ROA % is 3.88%, which is 51% below median its 10-year median of 7.87 and 22% above the REITs industry median of 3.18. Storage King Group's 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 Storage King Group (ASX:SKG), the current ROA % is 3.88% 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 Storage King Group (ASX:SKG) Overvalued in 2026?
Based on GuruFocus' analysis, Storage King Group stock appears to be undervalued.
The current stock price of A$1.29 is trading 16% below its estimated GF Value™ of A$1.53.
GuruFocus considers Storage King Group to be Modestly Undervalued.
Key valuation signals for ASX:SKG:
ROA %: 3.88% (51% below median its 10-year median of 7.87)
GF Value™: A$1.53 vs. price of A$1.29 (16% below fair value)
Industry Position: 22% above the REITs median (#168 of 940)
No single metric tells the full story. See the ASX:SKG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Abacus Storage King is a self-storage REIT. It owns, operates, and manages a self-storage operating platform and an investment portfolio comprising self-storage properties and other investments across Australia and New Zealand.
42GF Score
Get the complete analysis for ASX:SKG
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:SKG has been successfully added to your 