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Progressive Path Group HoldingsHKSE:01581 56 ROA % is 6.05% as of Mar. 2026, which is 200% above its 10-year median of 2.02. GuruFocus rates HKSE:01581 with a GF Score™ of 56/100 and a GF Value™ of HK$0.18 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,094 Business Services companies, Progressive Path Group Holdings ranks better than 50.09% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Progressive Path Group Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was HK$34.7 Mil.
Progressive Path Group Holdings's average Total Assets over the quarter that ended in Mar. 2026 was HK$574.0 Mil. Therefore, Progressive Path Group Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 6.05%.
Progressive Path Group Holdings (HKSE:01581) 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 (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.
Progressive Path Group Holdings ROA % Related Terms
Progressive Path Group Holdings 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 Rental & Leasing Services subindustry, Progressive Path Group Holdings'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.
Progressive Path Group Holdings ROA % vs Business Services Industry
For the Business Services industry and Industrials sector, Progressive Path Group Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Progressive Path Group Holdings'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.
Progressive Path Group Holdings (HKSE:01581) has a ROA % of 6.05% 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 Progressive Path Group Holdings and its competitors. This is 200% above median its historical median of 2.02. According to the industry distribution chart, Progressive Path Group Holdings ranks #546 out of 1094 companies in the Business Services industry, placing it in the top 49.9%.
Is Progressive Path Group Holdings' ROA % too high?
Progressive Path Group Holdings' current ROA % of 6.05% is 200% above median its 10-year median of 2.02. The Business Services industry median ROA % is 3.52. Progressive Path Group Holdings' value of 6.05% is 72.1% above this industry median. Based on the distribution chart, Progressive Path Group Holdings ranks #546 out of 1094 companies in the Business Services industry, which is above the industry midpoint. Overall, Progressive Path Group Holdings has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Progressive Path Group Holdings' ROA % compare to URI and SUNB?
According to the Business Services industry distribution chart, Progressive Path Group Holdings ranks #546 out of 1094 companies for ROA %. This puts Progressive Path Group Holdings in the upper half of its industry. The industry median ROA % is 3.52. Progressive Path Group Holdings' value of 6.05% is 72.1% above this benchmark. While the company's 10-year median is 2.02 vs. the industry median of 3.52, Progressive Path Group Holdings 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 Business Services company?
The median ROA % among Business Services companies is 3.52, based on 1,094 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. Progressive Path Group Holdings's current ROA % of 6.05% is 72.1% 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 Progressive Path Group Holdings and its competitors. For the Business Services industry, the median ROA % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progressive Path Group Holdings's current ROA % is 6.05%, which is 200% above median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Path Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Progressive Path Group Holdings (HKSE:01581) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.18, compared to a current price of HK$0.33 — trading 83.3% above its estimated fair value. The current ROA % is 6.05%, which is 200% above median its 10-year median of 2.02 and 72.1% above the Business Services industry median of 3.52. Progressive Path Group Holdings' overall GF Score™ is 56/100 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 Progressive Path Group Holdings (HKSE:01581), the current ROA % is 6.05% 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 Progressive Path Group Holdings (HKSE:01581) Overvalued in 2026?
Based on GuruFocus' analysis, Progressive Path Group Holdings stock appears to be overvalued.
The current stock price of HK$0.33 is trading 83.3% above its estimated GF Value™ of HK$0.18.
GuruFocus considers Progressive Path Group Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01581:
ROA %: 6.05% (200% above median its 10-year median of 2.02)
GF Value™: HK$0.18 vs. price of HK$0.33 (83.3% above fair value)
Industry Position: 72.1% above the Business Services median (#546 of 1094)
No single metric tells the full story. See the HKSE:01581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Progressive Path Group Holdings Ltd is engaged in construction engineering work and the provision of construction machinery rental services in Hong Kong. Its construction machinery rental services represent the rental of construction machines and construction vehicles to customers, and the provision of machine operators and transportation services as part of its one-stop construction machinery rental services. Its construction works represent the construction projects undertaken, the nature of which are broadly classified as foundation and site formation works, and builder's work and general building works. Its segments are Construction works and Construction Machinery Rental. Majority of the revenue is derived from the Construction works segment.
56GF Score
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