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.
Palasino HoldingsHKSE:02536 43 ROA % is 0.56% as of Mar. 2026, which is 71% below its 10-year median of 1.92. GuruFocus rates HKSE:02536 with a GF Score™ of 43/100. The stock has 4 warning signs investors should review. Among 858 Travel & Leisure companies, Palasino Holdings ranks worse than 56.41% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Palasino Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was HK$4.4 Mil.
Palasino Holdings's average Total Assets over the quarter that ended in Mar. 2026 was HK$787.8 Mil. Therefore, Palasino Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 0.56%.
The historical rank and industry rank for Palasino Holdings's ROA % or its related term are showing as below:
HKSE:02536'
s ROA % Range Over the Past 10 Years
Min: 0.49 Med: 1.92 Max: 7.4
Current: 1.77
During the past 6 years, Palasino Holdings's highest ROA % was 7.40%. The lowest was 0.49%. And the median was 1.92%.
HKSE:02536's ROA % is ranked worse than 56.41% of 858
companies
in the Travel & Leisure industry
Industry Median: 2.55
vs HKSE:02536: 1.77
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.
Palasino Holdings ROA % Related Terms
Palasino Holdings ROA % Historical Data
* Premium members only.
The historical data trend for Palasino 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 Resorts & Casinos subindustry, Palasino 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.
Palasino Holdings ROA % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Palasino Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Palasino 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.
Palasino Holdings (HKSE:02536) has a ROA % of 0.56% 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 Palasino Holdings and its competitors. This is 71% below median its historical median of 1.92. Over the past decade, Palasino Holdings' ROA % has ranged from 0.49 to 7.40. According to the industry distribution chart, Palasino Holdings ranks #484 out of 858 companies in the Travel & Leisure industry, placing it in the top 56.4%.
Is Palasino Holdings' ROA % too high?
Palasino Holdings' current ROA % of 0.56% is 71% below median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 7.40. The Travel & Leisure industry median ROA % is 2.55. Palasino Holdings' value of 0.56% is 78% below this industry median. Based on the distribution chart, Palasino Holdings ranks #484 out of 858 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Palasino Holdings has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Palasino Holdings' ROA % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Palasino Holdings ranks #484 out of 858 companies for ROA %. This places Palasino Holdings in the lower half of its industry. The industry median ROA % is 2.55. Palasino Holdings' value of 0.56% is 78% below this benchmark. Historically, Palasino Holdings' own ROA % has ranged from 0.49 to 7.40 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 2.55, Palasino Holdings has consistently been below 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 Travel & Leisure company?
The median ROA % among Travel & Leisure companies is 2.55, based on 858 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. Palasino Holdings's current ROA % of 0.56% is 78% below 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 Palasino Holdings and its competitors. For the Travel & Leisure industry, the median ROA % is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palasino Holdings's current ROA % is 0.56%, which is 71% below median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palasino Holdings stock overvalued right now?
Palasino Holdings (HKSE:02536) has a current ROA % of 0.56%. The current ROA % is 0.56%, which is 71% below median its 10-year median of 1.92 and 78% below the Travel & Leisure industry median of 2.55. Palasino Holdings' overall GF Score™ is 43/100 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 Palasino Holdings (HKSE:02536), the current ROA % is 0.56% 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.
Palasino Holdings Ltd is an entertainment, gaming, and leisure group comprising one integrated land-based casino and resort and two full-service land-based casinos operating in the Czech Republic, offering slot machines and table games, and three hotels in Germany and one hotel in Austria that offer accommodation, catering, conference, and leisure services. It operates into two reportable segments: Gaming operations comprising the operation of casinos; and Hotel, catering and leasing operations segment, which includes the operation of hotels, catering, and related services. Maximum revenue is generated from its Gaming operations segment. Geographically, the group generates maximum revenue from the Czech Republic.
43GF Score
Get the complete analysis for HKSE:02536
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:02536 has been successfully added to your 
