ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Jardine Cycle & Carriage's annualizedNet Income for the quarter that ended in Dec. 2025 was €1,070 Mil.
Jardine Cycle & Carriage's average Total Assets over the quarter that ended in Dec. 2025 was €28,573 Mil. Therefore, Jardine Cycle & Carriage's annualized ROA % for the quarter that ended in Dec. 2025 was 3.75%.
The historical rank and industry rank for Jardine Cycle & Carriage's ROA % or its related term are showing as below:
FRA:CYC'
s ROA % Range Over the Past 10 Years
Min: 1.59 Med: 2.96 Max: 3.92
Current: 2.98
During the past 13 years, Jardine Cycle & Carriage's highest ROA % was 3.92%. The lowest was 1.59%. And the median was 2.96%.
FRA:CYC's ROA % is ranked better than 55.93% of 565
companies
in the Conglomerates industry
Industry Median: 2.46
vs FRA:CYC: 2.98
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 (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
* 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 Conglomerates subindustry, Jardine Cycle & Carriage'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.
Jardine Cycle & Carriage ROA % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Jardine Cycle & Carriage's ROA % distribution charts can be found below:
* The bar in red indicates where Jardine Cycle & Carriage'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 (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Jardine Cycle & Carriage (FRA:CYC) has a ROA % of 3.75% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Jardine Cycle & Carriage and its competitors. This is 27% above median its historical median of 2.96. Over the past decade, Jardine Cycle & Carriage's ROA % has ranged from 1.59 to 3.92. According to the industry distribution chart, Jardine Cycle & Carriage ranks #249 out of 565 companies in the Conglomerates industry, placing it in the top 44.1%.
Is Jardine Cycle & Carriage's ROA % too high?
Jardine Cycle & Carriage's current ROA % of 3.75% is 27% above median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 3.92. The Conglomerates industry median ROA % is 2.46. Jardine Cycle & Carriage's value of 3.75% is 52.4% above this industry median. Based on the distribution chart, Jardine Cycle & Carriage ranks #249 out of 565 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Jardine Cycle & Carriage has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jardine Cycle & Carriage's ROA % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Jardine Cycle & Carriage ranks #249 out of 565 companies for ROA %. This puts Jardine Cycle & Carriage in the upper half of its industry. The industry median ROA % is 2.46. Jardine Cycle & Carriage's value of 3.75% is 52.4% above this benchmark. Historically, Jardine Cycle & Carriage's own ROA % has ranged from 1.59 to 3.92 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 2.46, Jardine Cycle & Carriage 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 Conglomerates company?
The median ROA % among Conglomerates companies is 2.46, based on 565 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. Jardine Cycle & Carriage's current ROA % of 3.75% is 52.4% 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 Jardine Cycle & Carriage and its competitors. For the Conglomerates industry, the median ROA % is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jardine Cycle & Carriage's current ROA % is 3.75%, which is 27% above median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jardine Cycle & Carriage stock overvalued right now?
Based on GuruFocus' analysis, Jardine Cycle & Carriage (FRA:CYC) is currently considered Fairly Valued. The stock's GF Value™ is €17.68, compared to a current price of €17.90 — trading 1.2% above its estimated fair value. The current ROA % is 3.75%, which is 27% above median its 10-year median of 2.96 and 52.4% above the Conglomerates industry median of 2.46. Jardine Cycle & Carriage's overall GF Score™ is 81/100 with 3 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 Jardine Cycle & Carriage (FRA:CYC), the current ROA % is 3.75% as of Dec. 2025. 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 Jardine Cycle & Carriage (FRA:CYC) Overvalued in 2026?
Based on GuruFocus' analysis, Jardine Cycle & Carriage stock appears to be overvalued.
The current stock price of €17.90 is trading 1.2% above its estimated GF Value™ of €17.68.
GuruFocus considers Jardine Cycle & Carriage to be Fairly Valued.
Key valuation signals for FRA:CYC:
ROA %: 3.75% (27% above median its 10-year median of 2.96)
GF Value™: €17.68 vs. price of €17.90 (1.2% above fair value)
Industry Position: 52.4% above the Conglomerates median (#249 of 565)
No single metric tells the full story. See the FRA:CYC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jardine Cycle & Carriage Ltd is an investment holding conglomerate focused on investments in the manufacture and distribution of motor vehicles in Southeast Asia. Its segments are Astra, Thaco, Cycle & Carriage. The Astra segment includes the company's controlling interest in Astra International, an automotive group in Southeast Asia; THACO is a multi-industry group; Cycle & Carriage represents a broad range of automotive brands across its established network in Singapore and Malaysia.
81GF Score
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