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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. E-Star Commercial Management Co's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$123.1 Mil.
E-Star Commercial Management Co's average Total Assets over the quarter that ended in Dec. 2025 was HK$2,517.1 Mil. Therefore, E-Star Commercial Management Co's annualized ROA % for the quarter that ended in Dec. 2025 was 4.89%.
E-Star Commercial Management Co (HKSE:06668) 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 (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.
E-Star Commercial Management Co ROA % Related Terms
E-Star Commercial Management Co 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 Real Estate Services subindustry, E-Star Commercial Management 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.
E-Star Commercial Management Co ROA % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, E-Star Commercial Management Co's ROA % distribution charts can be found below:
* The bar in red indicates where E-Star Commercial Management 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 (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
E-Star Commercial Management Co (HKSE:06668) has a ROA % of 4.89% 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 E-Star Commercial Management Co and its competitors. This is 58% below median its historical median of 11.75. Over the past decade, E-Star Commercial Management Co's ROA % has ranged from 6.23 to 35.31. According to the industry distribution chart, E-Star Commercial Management Co ranks #284 out of 1800 companies in the Real Estate industry, placing it in the top 15.8%.
Is E-Star Commercial Management Co's ROA % too high?
E-Star Commercial Management Co's current ROA % of 4.89% is 58% below median its 10-year median of 11.75. Over the past 10 years, this metric has ranged from a low of 6.23 to a high of 35.31. The Real Estate industry median ROA % is 1.77. E-Star Commercial Management Co's value of 4.89% is 176.3% above this industry median. Based on the distribution chart, E-Star Commercial Management Co ranks #284 out of 1800 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, E-Star Commercial Management Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does E-Star Commercial Management Co's ROA % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, E-Star Commercial Management Co ranks #284 out of 1800 companies for ROA %. This places E-Star Commercial Management Co in the top 16% of its industry — outperforming the majority of peers. The industry median ROA % is 1.77. E-Star Commercial Management Co's value of 4.89% is 176.3% above this benchmark. Historically, E-Star Commercial Management Co's own ROA % has ranged from 6.23 to 35.31 over the past decade. While the company's 10-year median is 11.75 vs. the industry median of 1.77, E-Star Commercial Management Co 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 Real Estate company?
The median ROA % among Real Estate companies is 1.77, based on 1,800 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. E-Star Commercial Management Co's current ROA % of 4.89% is 176.3% 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 E-Star Commercial Management Co and its competitors. For the Real Estate industry, the median ROA % is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E-Star Commercial Management Co's current ROA % is 4.89%, which is 58% below median its own 10-year median of 11.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E-Star Commercial Management Co stock overvalued right now?
Based on GuruFocus' analysis, E-Star Commercial Management Co (HKSE:06668) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.35, compared to a current price of HK$1.38 — trading 2.2% above its estimated fair value. The current ROA % is 4.89%, which is 58% below median its 10-year median of 11.75 and 176.3% above the Real Estate industry median of 1.77. E-Star Commercial Management Co's overall GF Score™ is 89/100 with 10 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 E-Star Commercial Management Co (HKSE:06668), the current ROA % is 4.89% 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 E-Star Commercial Management Co (HKSE:06668) Overvalued in 2026?
Based on GuruFocus' analysis, E-Star Commercial Management Co stock appears to be overvalued.
The current stock price of HK$1.38 is trading 2.2% above its estimated GF Value™ of HK$1.35.
GuruFocus considers E-Star Commercial Management Co to be Fairly Valued.
Key valuation signals for HKSE:06668:
ROA %: 4.89% (58% below median its 10-year median of 11.75)
GF Value™: HK$1.35 vs. price of HK$1.38 (2.2% above fair value)
Industry Position: 176.3% above the Real Estate median (#284 of 1800)
No single metric tells the full story. See the HKSE:06668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
E-Star Commercial Management Co Ltd is a commercial property operational service provider in China. It is engaged in providing consultancy services to property owners; tenant sourcing services, and operational management services to tenants and property owners, and rent collection services; property leasing services including sublease of commercial spaces; and value-added services including management of common areas in the shopping centers and management of advertising spaces, such as LED boards and interior and exterior facades of the shopping centers. the Group's operations are mainly in the PRC. The Group generates revenue from provision of commercial property operational services to either owners or tenants in respect of the commercial properties in the PRC.
89GF Score
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