Kitron ASACHIX:KITO 84 ROA % is 9.63% as of Mar. 2026, which is 50% above its 10-year median of 6.43. GuruFocus rates CHIX:KITO with a GF Score™ of 84/100 and a GF Value™ of kr51.48 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,502 Hardware companies, Kitron ASA ranks better than 83.01% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kitron ASA's annualizedNet Income for the quarter that ended in Mar. 2026 was kr893 Mil.
Kitron ASA's average Total Assets over the quarter that ended in Mar. 2026 was kr9,276 Mil. Therefore, Kitron ASA's annualized ROA % for the quarter that ended in Mar. 2026 was 9.63%.
The historical rank and industry rank for Kitron ASA's ROA % or its related term are showing as below:
CHIX:KITo'
s ROA % Range Over the Past 10 Years
Min: 4.98 Med: 6.43 Max: 9.38
Current: 8.31
During the past 13 years, Kitron ASA's highest ROA % was 9.38%. The lowest was 4.98%. And the median was 6.43%.
CHIX:KITo's ROA % is ranked better than 83.01% of 2502
companies
in the Hardware industry
Industry Median: 2.265
vs CHIX:KITo: 8.31
Kitron ASA (CHIX:KITo) 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 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.
Kitron ASA ROA % Related Terms
Kitron ASA ROA % Historical Data
* Premium members only.
The historical data trend for Kitron ASA'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 Electronic Components subindustry, Kitron ASA'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.
Kitron ASA ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Kitron ASA's ROA % distribution charts can be found below:
* The bar in red indicates where Kitron ASA'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 four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Kitron ASA (CHIX:KITO) has a ROA % of 9.63% 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 Kitron ASA and its competitors. This is 50% above median its historical median of 6.43. Over the past decade, Kitron ASA's ROA % has ranged from 4.98 to 9.38. According to the industry distribution chart, Kitron ASA ranks #425 out of 2502 companies in the Hardware industry, placing it in the top 17%.
Is Kitron ASA's ROA % too high?
Kitron ASA's current ROA % of 9.63% is 50% above median its 10-year median of 6.43. Over the past 10 years, this metric has ranged from a low of 4.98 to a high of 9.38. The Hardware industry median ROA % is 2.27. Kitron ASA's value of 9.63% is 325.2% above this industry median. Based on the distribution chart, Kitron ASA ranks #425 out of 2502 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Kitron ASA has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kitron ASA's ROA % compare to APH and GLW?
According to the Hardware industry distribution chart, Kitron ASA ranks #425 out of 2502 companies for ROA %. This places Kitron ASA in the top 17% of its industry — outperforming the majority of peers. The industry median ROA % is 2.27. Kitron ASA's value of 9.63% is 325.2% above this benchmark. Historically, Kitron ASA's own ROA % has ranged from 4.98 to 9.38 over the past decade. While the company's 10-year median is 6.43 vs. the industry median of 2.27, Kitron ASA 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 Hardware company?
The median ROA % among Hardware companies is 2.27, based on 2,502 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. Kitron ASA's current ROA % of 9.63% is 325.2% 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 Kitron ASA and its competitors. For the Hardware industry, the median ROA % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kitron ASA's current ROA % is 9.63%, which is 50% above median its own 10-year median of 6.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitron ASA stock overvalued right now?
Based on GuruFocus' analysis, Kitron ASA (CHIX:KITO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr51.48, compared to a current price of kr105.20 — trading 104.4% above its estimated fair value. The current ROA % is 9.63%, which is 50% above median its 10-year median of 6.43 and 325.2% above the Hardware industry median of 2.27. Kitron ASA's overall GF Score™ is 84/100 with 1 warning sign 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 Kitron ASA (CHIX:KITO), the current ROA % is 9.63% 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 Kitron ASA (CHIX:KITO) Overvalued in 2026?
Based on GuruFocus' analysis, Kitron ASA stock appears to be overvalued.
The current stock price of kr105.20 is trading 104.4% above its estimated GF Value™ of kr51.48.
GuruFocus considers Kitron ASA to be Significantly Overvalued.
Key valuation signals for CHIX:KITO:
ROA %: 9.63% (50% above median its 10-year median of 6.43)
GF Value™: kr51.48 vs. price of kr105.20 (104.4% above fair value)
Industry Position: 325.2% above the Hardware median (#425 of 2502)
No single metric tells the full story. See the CHIX:KITO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. Geographically, the company in Norway, Nordics & U.S (excluding Norway) , CEE, Asia, and Other. It derives maximum revenue from Nordics & U.S (excluding Norway. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets.
84GF Score
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