Miris Holding AB (FRA:9W40) ROA %: -34.67% (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.

FRA:9W40 Miris Holding AB FRA:9W40
38 GF Score
Price €2.14
GF Value €1.18
! 4 Warning Signs
View Full Analysis

What is Miris Holding AB ROA %?

Miris Holding AB FRA:9W40 38 ROA % is -34.67% as of Mar. 2026. GuruFocus rates FRA:9W40 with a GF Score™ of 38/100 and a GF Value™ of €1.18. The stock has 4 warning signs investors should review. Among 2,502 Hardware companies, Miris Holding AB ranks worse than 92.05% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Miris Holding AB's annualized Net Income for the quarter that ended in Mar. 2026 was €-0.92 Mil. Miris Holding AB's average Total Assets over the quarter that ended in Mar. 2026 was €2.65 Mil. Therefore, Miris Holding AB's annualized ROA % for the quarter that ended in Mar. 2026 was -34.67%.

The historical rank and industry rank for Miris Holding AB's ROA % or its related term are showing as below:

FRA:9W40' s ROA % Range Over the Past 10 Years
Min: -100.06   Med: -50.28   Max: -18.24
Current: -19.66

During the past 13 years, Miris Holding AB's highest ROA % was -18.24%. The lowest was -100.06%. And the median was -50.28%.

FRA:9W40's ROA % is ranked worse than
92.05% of 2502 companies
in the Hardware industry
Industry Median: 2.28 vs FRA:9W40: -19.66

Miris Holding AB  (FRA:9W40) 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
=-0.92/2.6535
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.92 / 1.276)*(1.276 / 2.6535)
=Net Margin %*Asset Turnover
=-72.1 %*0.4809
=-34.67 %

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.


Miris Holding AB ROA % Related Terms


Miris Holding AB ROA % Historical Data

* Premium members only.

The historical data trend for Miris Holding AB'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.

Miris Holding AB ROA % Chart

Miris Holding AB 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 -54.80 -43.74 -65.01 -29.05 -18.66

Miris Holding AB 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 -35.90 -17.26 -7.67 -16.96 -34.67

FRA:9W40 vs COHR, KEYS, GRMN: ROA % Comparison

For the Scientific & Technical Instruments subindustry, Miris Holding AB'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.


Miris Holding AB ROA % vs Hardware Industry

For the Hardware industry and Technology sector, Miris Holding AB's ROA % distribution charts can be found below:

* The bar in red indicates where Miris Holding AB's ROA % falls into.


FRA:9W40
38GF Score
Miris Holding AB FRA:9W40
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miris Holding AB ROA % Calculation

Miris Holding AB'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 )
=-0.442/( (1.95+2.787)/ 2 )
=-0.442/2.3685
=-18.66 %

Miris Holding AB'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 )
=-0.92/( (2.787+2.52)/ 2 )
=-0.92/2.6535
=-34.67 %

* 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 -34.67% mean?
Miris Holding AB (FRA:9W40) has a ROA % of -34.67% 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 Miris Holding AB and its competitors. According to the industry distribution chart, Miris Holding AB ranks #2303 out of 2502 companies in the Hardware industry, placing it in the top 92%.
Is Miris Holding AB's ROA % too high?
Miris Holding AB's current ROA % is -34.67%. Based on the distribution chart, Miris Holding AB ranks #2303 out of 2502 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Miris Holding AB has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Miris Holding AB's ROA % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Miris Holding AB ranks #2303 out of 2502 companies for ROA %. This places Miris Holding AB in the lower half of its industry. The industry median ROA % is 2.28. 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 2.28, 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. 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 Miris Holding AB and its competitors. For the Hardware industry, the median ROA % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miris Holding AB's current ROA % is -34.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miris Holding AB stock overvalued right now?
Miris Holding AB (FRA:9W40) has a current ROA % of -34.67%. The stock's GF Value™ is €1.18, compared to a current price of €2.14 — trading 81.4% above its estimated fair value. The current ROA % is -34.67%. Miris Holding AB's overall GF Score™ is 38/100 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 Miris Holding AB (FRA:9W40), the current ROA % is -34.67% 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 Miris Holding AB (FRA:9W40) Overvalued in 2026?

Based on GuruFocus' analysis, Miris Holding AB stock appears to be overvalued. The current stock price of €2.14 is trading 81.4% above its estimated GF Value™ of €1.18.

Key valuation signals for FRA:9W40:

  • ROA %: -34.67%
  • GF Value™: €1.18 vs. price of €2.14 (81.4% above fair value)
  • GF Score™: 38/100 with 4 warning signs

No single metric tells the full story. See the FRA:9W40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miris Holding AB Business Description

Other Exchanges MIR:Sweden
Address Danmarksgatan 26, Uppsala, SWE, SE-753 23
Miris Holding AB develops, produces, markets and sells the Miris HMA - Human Milk Analyzer (HMA). It provides neonatal health through the development, manufacture and sale of equipment and consumables for human milk analysis to enable individual nutrition for premature infants. It is used in healthcare for the analysis of breast milk for premature babies and for the classification of donated breast milk at milk banks.
38GF Score

Get the complete analysis for FRA:9W40

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

€2.14
Price
€1.18
GF Value