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.
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.
Dickson Concepts (International)DCOHF 52 ROA % is 3.90% as of Mar. 2026, which is 18% below its 10-year median of 4.75. GuruFocus rates DCOHF with a GF Score™ of 52/100 and a GF Value™ of $0.58 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,134 Retail - Cyclical companies, Dickson Concepts (International) ranks better than 65.7% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Dickson Concepts (International)'s annualizedNet Income for the quarter that ended in Mar. 2026 was $25.3 Mil.
Dickson Concepts (International)'s average Total Assets over the quarter that ended in Mar. 2026 was $648.1 Mil. Therefore, Dickson Concepts (International)'s annualized ROA % for the quarter that ended in Mar. 2026 was 3.90%.
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 (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
Dickson Concepts (International) ROA % Related Terms
Dickson Concepts (International) ROA % Historical 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.
For the Luxury Goods subindustry, Dickson Concepts (International)'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.
Dickson Concepts (International) ROA % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Dickson Concepts (International)'s ROA % distribution charts can be found below:
* The bar in red indicates where Dickson Concepts (International)'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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Dickson Concepts (International) (DCOHF) has a ROA % of 3.90% 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 Dickson Concepts (International) and its competitors. This is 18% below median its historical median of 4.75. Over the past decade, Dickson Concepts (International)'s ROA % has ranged from 2.85 to 13.12. According to the industry distribution chart, Dickson Concepts (International) ranks #389 out of 1134 companies in the Retail - Cyclical industry, placing it in the top 34.3%.
Is Dickson Concepts (International)'s ROA % too high?
Dickson Concepts (International)'s current ROA % of 3.90% is 18% below median its 10-year median of 4.75. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 13.12. The Retail - Cyclical industry median ROA % is 2.73. Dickson Concepts (International)'s value of 3.90% is 42.9% above this industry median. Based on the distribution chart, Dickson Concepts (International) ranks #389 out of 1134 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Dickson Concepts (International) has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dickson Concepts (International)'s ROA % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Dickson Concepts (International) ranks #389 out of 1134 companies for ROA %. This puts Dickson Concepts (International) in the upper half of its industry. The industry median ROA % is 2.73. Dickson Concepts (International)'s value of 3.90% is 42.9% above this benchmark. Historically, Dickson Concepts (International)'s own ROA % has ranged from 2.85 to 13.12 over the past decade. While the company's 10-year median is 4.75 vs. the industry median of 2.73, Dickson Concepts (International) 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 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. Dickson Concepts (International)'s current ROA % of 3.90% is 42.9% 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 Dickson Concepts (International) 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. Dickson Concepts (International)'s current ROA % is 3.90%, which is 18% below median its own 10-year median of 4.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dickson Concepts (International) stock overvalued right now?
Based on GuruFocus' analysis, Dickson Concepts (International) (DCOHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.58, compared to a current price of $0.81 — trading 39.7% above its estimated fair value. The current ROA % is 3.90%, which is 18% below median its 10-year median of 4.75 and 42.9% above the Retail - Cyclical industry median of 2.73. Dickson Concepts (International)'s overall GF Score™ is 52/100 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 Dickson Concepts (International) (DCOHF), the current ROA % is 3.90% 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 Dickson Concepts (International) (DCOHF) Overvalued in 2026?
Based on GuruFocus' analysis, Dickson Concepts (International) stock appears to be overvalued.
The current stock price of $0.81 is trading 39.7% above its estimated GF Value™ of $0.58.
GuruFocus considers Dickson Concepts (International) to be Significantly Overvalued.
Key valuation signals for DCOHF:
ROA %: 3.90% (18% below median its 10-year median of 4.75)
GF Value™: $0.58 vs. price of $0.81 (39.7% above fair value)
Industry Position: 42.9% above the Retail - Cyclical median (#389 of 1134)
No single metric tells the full story. See the DCOHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dickson Concepts (International) Business Description
Dickson Concepts (International) Ltd is a Hong Kong-based investment holding company engaged in the manufacturing and distribution of luxury lighters, writing instruments, leather goods, accessories, ready-to-wear clothing, watches, and fragrances. The group manages its businesses under two divisions namely, the Luxury Goods and Securities Investment business, of which it generates a majority of revenue from the Luxury goods segment. Geographically the firm has a presence in Hong Kong, Taiwan, and other territories, of which key revenue is generated from Hong Kong. The Luxury goods segment includes the sale of luxury goods to retail and wholesale customers and net income from concession and consignment sales.
52GF Score
Get the complete analysis for DCOHF
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
DCOHF has been successfully added to your 
