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Asia Aviation PCLFRA:55AA 65 ROA % is 4.40% as of Mar. 2026, which is 973% above its 10-year median of 0.41. GuruFocus rates FRA:55AA with a GF Score™ of 65/100 and a GF Value™ of €0.05 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,009 Transportation companies, Asia Aviation PCL ranks worse than 60.95% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Asia Aviation PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was €90 Mil.
Asia Aviation PCL's average Total Assets over the quarter that ended in Mar. 2026 was €2,051 Mil. Therefore, Asia Aviation PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 4.40%.
The historical rank and industry rank for Asia Aviation PCL's ROA % or its related term are showing as below:
FRA:55AA'
s ROA % Range Over the Past 10 Years
Min: -11.82 Med: 0.41 Max: 4.87
Current: 2.31
During the past 13 years, Asia Aviation PCL's highest ROA % was 4.87%. The lowest was -11.82%. And the median was 0.41%.
FRA:55AA's ROA % is ranked worse than 60.95% of 1009
companies
in the Transportation industry
Industry Median: 3.47
vs FRA:55AA: 2.31
Asia Aviation PCL (FRA:55AA) 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.
Asia Aviation PCL ROA % Related Terms
Asia Aviation PCL ROA % Historical Data
* Premium members only.
The historical data trend for Asia Aviation 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.
For the Airlines subindustry, Asia Aviation 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.
Asia Aviation PCL ROA % vs Transportation Industry
For the Transportation industry and Industrials sector, Asia Aviation PCL's ROA % distribution charts can be found below:
* The bar in red indicates where Asia Aviation PCL'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.
Asia Aviation PCL (FRA:55AA) has a ROA % of 4.40% 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 Asia Aviation PCL and its competitors. This is 973% above median its historical median of 0.41. According to the industry distribution chart, Asia Aviation PCL ranks #615 out of 1009 companies in the Transportation industry, placing it in the top 61%.
Is Asia Aviation PCL's ROA % too high?
Asia Aviation PCL's current ROA % of 4.40% is 973% above median its 10-year median of 0.41. The Transportation industry median ROA % is 3.47. Asia Aviation PCL's value of 4.40% is 26.8% above this industry median. Based on the distribution chart, Asia Aviation PCL ranks #615 out of 1009 companies in the Transportation industry, which is below the industry midpoint. Overall, Asia Aviation PCL has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asia Aviation PCL's ROA % compare to DAL and UAL?
According to the Transportation industry distribution chart, Asia Aviation PCL ranks #615 out of 1009 companies for ROA %. This places Asia Aviation PCL in the lower half of its industry. The industry median ROA % is 3.47. Asia Aviation PCL's value of 4.40% is 26.8% above this benchmark. While the company's 10-year median is 0.41 vs. the industry median of 3.47, Asia Aviation PCL 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 Transportation company?
The median ROA % among Transportation companies is 3.47, based on 1,009 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. Asia Aviation PCL's current ROA % of 4.40% is 26.8% 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 Asia Aviation PCL and its competitors. For the Transportation industry, the median ROA % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Aviation PCL's current ROA % is 4.40%, which is 973% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Aviation PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Aviation PCL (FRA:55AA) is currently considered Possible Value Trap. The stock's GF Value™ is €0.05, compared to a current price of €0.03 — trading 50% below its estimated fair value. The current ROA % is 4.40%, which is 973% above median its 10-year median of 0.41 and 26.8% above the Transportation industry median of 3.47. Asia Aviation PCL's overall GF Score™ is 65/100 with 6 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 Asia Aviation PCL (FRA:55AA), the current ROA % is 4.40% 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 Asia Aviation PCL (FRA:55AA) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Aviation PCL stock appears to be undervalued.
The current stock price of €0.03 is trading 50% below its estimated GF Value™ of €0.05.
GuruFocus considers Asia Aviation PCL to be Possible Value Trap.
Key valuation signals for FRA:55AA:
ROA %: 4.40% (973% above median its 10-year median of 0.41)
GF Value™: €0.05 vs. price of €0.03 (50% below fair value)
Industry Position: 26.8% above the Transportation median (#615 of 1009)
No single metric tells the full story. See the FRA:55AA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressVibhavadee Rangsit Road, 3rd Floor, Central Office Building, Room No. 3200, 222, Don Mueang International Airport, Sanam Bin District, Don Mueang District, Bangkok, THA, 10210
Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. It has two reportable operating segments: Schedule flight operations and Chartered flight operations. The majority of the group's revenue is generated from the Schedule flight operations segment, which provides passenger air transportation services to routine destinations for scheduled flights. The group sells tickets through its distribution channels such as website, sales counter, travel agents, etc. The Chartered flight operations offer passenger air transportation services to non-routine destinations. Flights are operated when there is a booking from customers, normally tourist agency companies. Geographically, the group operates only in Thailand.
65GF Score
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