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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Lai Sun Development Co's annualizedNet Income for the quarter that ended in Jan. 2026 was €-254.6 Mil.
Lai Sun Development Co's average Total Assets over the quarter that ended in Jan. 2026 was €6,985.4 Mil. Therefore, Lai Sun Development Co's annualized ROA % for the quarter that ended in Jan. 2026 was -3.65%.
The historical rank and industry rank for Lai Sun Development Co's ROA % or its related term are showing as below:
FRA:LAY3'
s ROA % Range Over the Past 10 Years
Min: -6.06 Med: -2.51 Max: 10.18
Current: -6.06
During the past 13 years, Lai Sun Development Co's highest ROA % was 10.18%. The lowest was -6.06%. And the median was -2.51%.
FRA:LAY3's ROA % is ranked worse than 87.85% of 1802
companies
in the Real Estate industry
Industry Median: 1.8
vs FRA:LAY3: -6.06
Lai Sun Development Co (FRA:LAY3) 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 two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.
* 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.
Lai Sun Development Co ROA % Competitor Comparison
For the Real Estate - Diversified subindustry, Lai Sun Development Co'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.
Lai Sun Development Co ROA % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Lai Sun Development Co's ROA % distribution charts can be found below:
* The bar in red indicates where Lai Sun Development Co'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 (Jan. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Lai Sun Development Co (FRA:LAY3) has a ROA % of -3.65% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Lai Sun Development Co and its competitors. According to the industry distribution chart, Lai Sun Development Co ranks #1583 out of 1802 companies in the Real Estate industry, placing it in the top 87.8%.
Is Lai Sun Development Co's ROA % too high?
Lai Sun Development Co's current ROA % is -3.65%. Based on the distribution chart, Lai Sun Development Co ranks #1583 out of 1802 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Lai Sun Development Co has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Lai Sun Development Co's ROA % compare to competitors?
According to the Real Estate industry distribution chart, Lai Sun Development Co ranks #1583 out of 1802 companies for ROA %. This places Lai Sun Development Co in the lower half of its industry. The industry median ROA % is 1.80. 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 Real Estate company?
The median ROA % among Real Estate companies is 1.80, based on 1,802 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 Lai Sun Development Co and its competitors. For the Real Estate industry, the median ROA % is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lai Sun Development Co's current ROA % is -3.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lai Sun Development Co stock overvalued right now?
Lai Sun Development Co (FRA:LAY3) has a current ROA % of -3.65%. The stock's GF Value™ is €0.06, compared to a current price of €0.08 — trading 31.7% above its estimated fair value. The current ROA % is -3.65%. Lai Sun Development Co's overall GF Score™ is 34/100 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 Lai Sun Development Co (FRA:LAY3), the current ROA % is -3.65% as of Jan. 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 Lai Sun Development Co (FRA:LAY3) Overvalued in 2026?
Based on GuruFocus' analysis, Lai Sun Development Co stock appears to be overvalued.
The current stock price of €0.08 is trading 31.7% above its estimated GF Value™ of €0.06.
Key valuation signals for FRA:LAY3:
ROA %: -3.65%
GF Value™: €0.06 vs. price of €0.08 (31.7% above fair value)
No single metric tells the full story. See the FRA:LAY3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lai Sun Development Co Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in various reportable operating segments such as; property development and sales; property investment; hotel operation; restaurant operation; media and entertainment; film and TV programs; cinema operation; theme park operation, and others. The property development and sales segment which derives a majority of its revenue, is engaged in property development and the sale of properties. Geographically, it derives a majority of its revenue from Mainland China and Macau, and the rest from Hong Kong, the United Kingdom, Vietnam, and other regions.
34GF Score
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