Ananda Development PCL (BKK:ANAN) ROA %: -1.04% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ANAN Ananda Development PCL BKK:ANAN
29 GF Score
Price ฿0.33
GF Value ฿0.64
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Ananda Development PCL ROA %?

Ananda Development PCL BKK:ANAN 29 ROA % is -1.04% as of Mar. 2026. GuruFocus rates BKK:ANAN with a GF Score™ of 29/100 and a GF Value™ of ฿0.64 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,803 Real Estate companies, Ananda Development PCL ranks worse than 60.51% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ananda Development PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿-287 Mil. Ananda Development PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿27,514 Mil. Therefore, Ananda Development PCL's annualized ROA % for the quarter that ended in Mar. 2026 was -1.04%.

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

BKK:ANAN' s ROA % Range Over the Past 10 Years
Min: -2.24   Med: 0.65   Max: 6.77
Current: 0.66

During the past 13 years, Ananda Development PCL's highest ROA % was 6.77%. The lowest was -2.24%. And the median was 0.65%.

BKK:ANAN's ROA % is ranked worse than
60.51% of 1803 companies
in the Real Estate industry
Industry Median: 1.7 vs BKK:ANAN: 0.66

Ananda Development PCL  (BKK:ANAN) 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: Mar. 2026 )
=Net Income/Total Assets
=-287.116/27514.016
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-287.116 / 3467.368)*(3467.368 / 27514.016)
=Net Margin %*Asset Turnover
=-8.28 %*0.126
=-1.04 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Ananda Development PCL ROA % Related Terms


Ananda Development PCL ROA % Historical Data

* Premium members only.

The historical data trend for Ananda Development PCL'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.

Ananda Development PCL ROA % Chart

Ananda Development PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.11 -0.73 -2.24 1.10 0.19

Ananda Development PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -2.86 3.56 1.78 -1.70 -1.04

Ananda Development PCL ROA % Competitor Comparison

For the Real Estate - Development subindustry, Ananda Development PCL'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.


Ananda Development PCL ROA % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ananda Development PCL's ROA % distribution charts can be found below:

* The bar in red indicates where Ananda Development PCL's ROA % falls into.


BKK:ANAN
29GF Score
Ananda Development PCL BKK:ANAN
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ananda Development PCL ROA % Calculation

Ananda Development PCL's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=55.665/( (29018.622+28767.041)/ 2 )
=55.665/28892.8315
=0.19 %

Ananda Development PCL's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-287.116/( (28767.041+26260.991)/ 2 )
=-287.116/27514.016
=-1.04 %

* 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 four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -1.04% mean?
Ananda Development PCL (BKK:ANAN) has a ROA % of -1.04% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Ananda Development PCL and its competitors. According to the industry distribution chart, Ananda Development PCL ranks #1091 out of 1803 companies in the Real Estate industry, placing it in the top 60.5%.
Is Ananda Development PCL's ROA % too high?
Ananda Development PCL's current ROA % is -1.04%. Based on the distribution chart, Ananda Development PCL ranks #1091 out of 1803 companies in the Real Estate industry, which is below the industry midpoint. Overall, Ananda Development PCL has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ananda Development PCL's ROA % compare to competitors?
According to the Real Estate industry distribution chart, Ananda Development PCL ranks #1091 out of 1803 companies for ROA %. This places Ananda Development PCL in the lower half of its industry. The industry median ROA % is 1.70. 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 Real Estate company?
The median ROA % among Real Estate companies is 1.70, based on 1,803 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. 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 Ananda Development PCL and its competitors. For the Real Estate industry, the median ROA % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ananda Development PCL's current ROA % is -1.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ananda Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Ananda Development PCL (BKK:ANAN) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.64, compared to a current price of ฿0.33 — trading 48.4% below its estimated fair value. The current ROA % is -1.04%. Ananda Development PCL's overall GF Score™ is 29/100 with 5 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 Ananda Development PCL (BKK:ANAN), the current ROA % is -1.04% as of Mar. 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 Ananda Development PCL (BKK:ANAN) Overvalued in 2026?

Based on GuruFocus' analysis, Ananda Development PCL stock appears to be undervalued. The current stock price of ฿0.33 is trading 48.4% below its estimated GF Value™ of ฿0.64. GuruFocus considers Ananda Development PCL to be Possible Value Trap.

Key valuation signals for BKK:ANAN:

  • ROA %: -1.04%
  • GF Value™: ฿0.64 vs. price of ฿0.33 (48.4% below fair value)
  • GF Score™: 29/100 with 5 warning signs

No single metric tells the full story. See the BKK:ANAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ananda Development PCL Business Description

Address Bangna-Trad (Km.10.5) Road, No. 99/1 Moo 14, Soi Windmill Housing Estate, Bangpleeyai, Bangplee, Samutprakarn, THA, 10540
Ananda Development PCL is engaged in developing and selling real estate, providing house construction services, and managing real estate development projects. Along with its subsidiaries, the company's reportable segments are as follows: the Real estate development segment, which develops all types of real estate projects; the Management of real estate development projects segment, which provides management services for real estate projects; the Service apartments segment; and Other segments, which include services relating to real estate brokerage, among other things. A majority of its revenue is generated from the Real estate segment. Geographically, the company mainly operates in Thailand.
29GF Score

Get the complete analysis for BKK:ANAN

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.33
Price
฿0.64
GF Value