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.
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.
Analogue HoldingsHKSE:01977 +1.08%65 ROA % is 3.31% as of Dec. 2025, which is 48% below its 10-year median of 6.31. GuruFocus rates HKSE:01977 with a GF Score™ of 65/100 and a GF Value™ of HK$0.95 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,788 Construction companies, Analogue Holdings ranks better than 53.02% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Analogue Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$172 Mil.
Analogue Holdings's average Total Assets over the quarter that ended in Dec. 2025 was HK$5,211 Mil. Therefore, Analogue Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was 3.31%.
The historical rank and industry rank for Analogue Holdings's ROA % or its related term are showing as below:
HKSE:01977'
s ROA % Range Over the Past 10 Years
Min: 2.47 Med: 6.31 Max: 13.23
Current: 3.21
During the past 10 years, Analogue Holdings's highest ROA % was 13.23%. The lowest was 2.47%. And the median was 6.31%.
HKSE:01977's ROA % is ranked better than 53.02% of 1788
companies
in the Construction industry
Industry Median: 2.875
vs HKSE:01977: 3.21
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.
Analogue Holdings ROA % Related Terms
Analogue Holdings ROA % Historical Data
* Premium members only.
The historical data trend for Analogue Holdings'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 Engineering & Construction subindustry, Analogue 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.
Analogue Holdings ROA % vs Construction Industry
For the Construction industry and Industrials sector, Analogue Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Analogue 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 (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Analogue Holdings (HKSE:01977) has a ROA % of 3.31% 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 Analogue Holdings and its competitors. This is 48% below median its historical median of 6.31. Over the past decade, Analogue Holdings' ROA % has ranged from 2.47 to 13.23. According to the industry distribution chart, Analogue Holdings ranks #840 out of 1788 companies in the Construction industry, placing it in the top 47%.
Is Analogue Holdings' ROA % too high?
Analogue Holdings' current ROA % of 3.31% is 48% below median its 10-year median of 6.31. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 13.23. The Construction industry median ROA % is 2.88. Analogue Holdings' value of 3.31% is 15.1% above this industry median. Based on the distribution chart, Analogue Holdings ranks #840 out of 1788 companies in the Construction industry, which is above the industry midpoint. Overall, Analogue Holdings has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Analogue Holdings' ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, Analogue Holdings ranks #840 out of 1788 companies for ROA %. This puts Analogue Holdings in the upper half of its industry. The industry median ROA % is 2.88. Analogue Holdings' value of 3.31% is 15.1% above this benchmark. Historically, Analogue Holdings' own ROA % has ranged from 2.47 to 13.23 over the past decade. While the company's 10-year median is 6.31 vs. the industry median of 2.88, Analogue 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 Construction company?
The median ROA % among Construction companies is 2.88, based on 1,788 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. Analogue Holdings's current ROA % of 3.31% is 15.1% 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 Analogue Holdings and its competitors. For the Construction industry, the median ROA % is 2.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Analogue Holdings's current ROA % is 3.31%, which is 48% below median its own 10-year median of 6.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Analogue Holdings stock overvalued right now?
Based on GuruFocus' analysis, Analogue Holdings (HKSE:01977) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.95, compared to a current price of HK$0.94 — trading 1.1% below its estimated fair value. The current ROA % is 3.31%, which is 48% below median its 10-year median of 6.31 and 15.1% above the Construction industry median of 2.88. Analogue Holdings' overall GF Score™ is 65/100 with 5 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 Analogue Holdings (HKSE:01977), the current ROA % is 3.31% 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 Analogue Holdings (HKSE:01977) Overvalued in 2026?
Based on GuruFocus' analysis, Analogue Holdings stock appears to be undervalued.
The current stock price of HK$0.94 is trading 1.1% below its estimated GF Value™ of HK$0.95.
GuruFocus considers Analogue Holdings to be Fairly Valued.
Key valuation signals for HKSE:01977:
ROA %: 3.31% (48% below median its 10-year median of 6.31)
GF Value™: HK$0.95 vs. price of HK$0.94 (1.1% below fair value)
Industry Position: 15.1% above the Construction median (#840 of 1788)
No single metric tells the full story. See the HKSE:01977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Analogue Holdings Ltd is engaged in the provision of electrical and mechanical engineering building services, including the design, installation, testing and commissioning, and maintenance of heating, ventilation & air-conditioning systems, fire service systems, plumbing and drainage systems & electrical and extra low voltage system; total solutions for the design, construction, operation and maintenance of environmental engineering systems for treatment of sewage, water, solid waste, sludge & gas; ICBT for design, installation and servicing of a wide range of intelligent systems, information and communications technology, and Lifts and escalators for design, supply and installation of a wide range of lifts and escalators. Geographically, it generates majority of revenue from Hong Kong.
65GF Score
Get the complete analysis for HKSE:01977
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01977 has been successfully added to your 
