WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (BKK:WHABT) ROA %: 2.73% (As of Mar. 2026) — 54% Below Median


BKK:WHABT WHA Business Complex Freehold and Leasehold Real Estate Investment Trust BKK:WHABT
66 GF Score
Price ฿5.95
GF Value ฿5.51
Valuation Fairly Valued
! 7 Warning Signs
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What is WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ROA %?

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust BKK:WHABT 66 ROA % is 2.73% as of Mar. 2026, which is 54% below its 10-year median of 5.98. GuruFocus rates BKK:WHABT with a GF Score™ of 66/100 and a GF Value™ of ฿5.51 (Fairly Valued). The stock has 7 warning signs investors should review. Among 942 REITs companies, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ranks worse than 54.25% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's annualized Net Income for the quarter that ended in Mar. 2026 was ฿77.5 Mil. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's average Total Assets over the quarter that ended in Mar. 2026 was ฿2,841.0 Mil. Therefore, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's annualized ROA % for the quarter that ended in Mar. 2026 was 2.73%.

The historical rank and industry rank for WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's ROA % or its related term are showing as below:

BKK:WHABT' s ROA % Range Over the Past 10 Years
Min: 2.96   Med: 5.98   Max: 6.67
Current: 2.96

During the past 11 years, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's highest ROA % was 6.67%. The lowest was 2.96%. And the median was 5.98%.

BKK:WHABT's ROA % is ranked worse than
54.25% of 942 companies
in the REITs industry
Industry Median: 3.2 vs BKK:WHABT: 2.96

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust  (BKK:WHABT) 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 bankÂ’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
=77.5/2840.9625
=(Net Income / Revenue)*(Revenue / Total Assets)
=(77.5 / 169.8)*(169.8 / 2840.9625)
=Net Margin %*Asset Turnover
=45.64 %*0.0598
=2.73 %

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.


WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ROA % Related Terms


WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ROA % Historical Data

* Premium members only.

The historical data trend for WHA Business Complex Freehold and Leasehold Real Estate Investment Trust'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.

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ROA % Chart

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 6.53 5.74 5.00 2.97

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust 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 5.93 3.12 2.86 3.14 2.73

BKK:WHABT vs BXP, ARE, VNO: ROA % Comparison

For the REIT - Office subindustry, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust'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.


WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ROA % vs REITs Industry

For the REITs industry and Real Estate sector, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's ROA % distribution charts can be found below:

* The bar in red indicates where WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's ROA % falls into.


BKK:WHABT
66GF Score
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust BKK:WHABT
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ROA % Calculation

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=84.605/( (2872.089+2830.843)/ 2 )
=84.605/2851.466
=2.97 %

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust'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 )
=77.5/( (2851.082+2830.843)/ 2 )
=77.5/2840.9625
=2.73 %

* 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 2.73% mean?
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (BKK:WHABT) has a ROA % of 2.73% 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 WHA Business Complex Freehold and Leasehold Real Estate Investment Trust and its competitors. This is 54% below median its historical median of 5.98. Over the past decade, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's ROA % has ranged from 2.96 to 6.67. According to the industry distribution chart, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ranks #511 out of 942 companies in the REITs industry, placing it in the top 54.2%.
Is WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's ROA % too high?
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's current ROA % of 2.73% is 54% below median its 10-year median of 5.98. Over the past 10 years, this metric has ranged from a low of 2.96 to a high of 6.67. The REITs industry median ROA % is 3.20. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's value of 2.73% is 14.7% below this industry median. Based on the distribution chart, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ranks #511 out of 942 companies in the REITs industry, which is below the industry midpoint. Overall, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust has a GF Scoreâ„¢ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's ROA % compare to BXP and ARE?
According to the REITs industry distribution chart, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ranks #511 out of 942 companies for ROA %. This places WHA Business Complex Freehold and Leasehold Real Estate Investment Trust in the lower half of its industry. The industry median ROA % is 3.20. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's value of 2.73% is 14.7% below this benchmark. Historically, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's own ROA % has ranged from 2.96 to 6.67 over the past decade. While the company's 10-year median is 5.98 vs. the industry median of 3.20, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust 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 REITs company?
The median ROA % among REITs companies is 3.20, based on 942 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. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's current ROA % of 2.73% is 14.7% 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 WHA Business Complex Freehold and Leasehold Real Estate Investment Trust and its competitors. For the REITs industry, the median ROA % is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's current ROA % is 2.73%, which is 54% below median its own 10-year median of 5.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA Business Complex Freehold and Leasehold Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (BKK:WHABT) is currently considered Fairly Valued. The stock's GF Value™ is ฿5.51, compared to a current price of ฿5.95 — trading 8% above its estimated fair value. The current ROA % is 2.73%, which is 54% below median its 10-year median of 5.98 and 14.7% below the REITs industry median of 3.20. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's overall GF Score™ is 66/100 with 7 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 WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (BKK:WHABT), the current ROA % is 2.73% 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 WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (BKK:WHABT) Overvalued in 2026?

Based on GuruFocus' analysis, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust stock appears to be overvalued. The current stock price of ฿5.95 is trading 8% above its estimated GF Value™ of ฿5.51. GuruFocus considers WHA Business Complex Freehold and Leasehold Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for BKK:WHABT:

  • ROA %: 2.73% (54% below median its 10-year median of 5.98)
  • GF Value™: ฿5.51 vs. price of ฿5.95 (8% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 14.7% below the REITs median (#511 of 942)

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


WHA Business Complex Freehold and Leasehold Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address South Sathorn Road, 1 Empire Tower, 32nd Floor, Yannawa, Sathorn, Bangkok, THA, 10120
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust is a closed-end property fund. The company is also involved in raising funds from investors, investing mostly in property or property leasehold rights. It operates in only one business segment which is the investment in property and the business operated in Thailand.
66GF Score

Get the complete analysis for BKK:WHABT

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

฿5.95
Price
฿5.51
GF Value