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Taste Gourmet GroupHKSE:08371 +0.80%97 ROA % is 14.11% as of Mar. 2026, which is 21% above its 10-year median of 11.68. GuruFocus rates HKSE:08371 with a GF Score™ of 97/100 and a GF Value™ of HK$2.20 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 364 Restaurants companies, Taste Gourmet Group ranks better than 92.58% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Taste Gourmet Group's annualizedNet Income for the quarter that ended in Mar. 2026 was HK$128 Mil.
Taste Gourmet Group's average Total Assets over the quarter that ended in Mar. 2026 was HK$910 Mil. Therefore, Taste Gourmet Group's annualized ROA % for the quarter that ended in Mar. 2026 was 14.11%.
The historical rank and industry rank for Taste Gourmet Group's ROA % or its related term are showing as below:
HKSE:08371'
s ROA % Range Over the Past 10 Years
Min: 1.27 Med: 11.68 Max: 25.2
Current: 13.06
During the past 11 years, Taste Gourmet Group's highest ROA % was 25.20%. The lowest was 1.27%. And the median was 11.68%.
HKSE:08371's ROA % is ranked better than 92.58% of 364
companies
in the Restaurants industry
Industry Median: 2.18
vs HKSE:08371: 13.06
Taste Gourmet Group (HKSE:08371) 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.
Taste Gourmet Group ROA % Related Terms
Taste Gourmet Group ROA % Historical Data
* Premium members only.
The historical data trend for Taste Gourmet Group'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 Restaurants subindustry, Taste Gourmet Group'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.
Taste Gourmet Group ROA % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Taste Gourmet Group's ROA % distribution charts can be found below:
* The bar in red indicates where Taste Gourmet Group'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.
Taste Gourmet Group (HKSE:08371) has a ROA % of 14.11% 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 Taste Gourmet Group and its competitors. This is 21% above median its historical median of 11.68. Over the past decade, Taste Gourmet Group's ROA % has ranged from 1.27 to 25.20. According to the industry distribution chart, Taste Gourmet Group ranks #27 out of 364 companies in the Restaurants industry, placing it in the top 7.4%.
Is Taste Gourmet Group's ROA % too high?
Taste Gourmet Group's current ROA % of 14.11% is 21% above median its 10-year median of 11.68. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 25.20. The Restaurants industry median ROA % is 2.18. Taste Gourmet Group's value of 14.11% is 547.2% above this industry median. Based on the distribution chart, Taste Gourmet Group ranks #27 out of 364 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Taste Gourmet Group has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taste Gourmet Group's ROA % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Taste Gourmet Group ranks #27 out of 364 companies for ROA %. This places Taste Gourmet Group in the top 7% of its industry — outperforming the majority of peers. The industry median ROA % is 2.18. Taste Gourmet Group's value of 14.11% is 547.2% above this benchmark. Historically, Taste Gourmet Group's own ROA % has ranged from 1.27 to 25.20 over the past decade. While the company's 10-year median is 11.68 vs. the industry median of 2.18, Taste Gourmet Group 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 Restaurants company?
The median ROA % among Restaurants companies is 2.18, based on 364 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. Taste Gourmet Group's current ROA % of 14.11% is 547.2% 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 Taste Gourmet Group and its competitors. For the Restaurants industry, the median ROA % is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taste Gourmet Group's current ROA % is 14.11%, which is 21% above median its own 10-year median of 11.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taste Gourmet Group stock overvalued right now?
Based on GuruFocus' analysis, Taste Gourmet Group (HKSE:08371) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$2.20, compared to a current price of HK$1.90 — trading 13.9% below its estimated fair value. The current ROA % is 14.11%, which is 21% above median its 10-year median of 11.68 and 547.2% above the Restaurants industry median of 2.18. Taste Gourmet Group's overall GF Score™ is 97/100 with 1 warning sign 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 Taste Gourmet Group (HKSE:08371), the current ROA % is 14.11% 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 Taste Gourmet Group (HKSE:08371) Overvalued in 2026?
Based on GuruFocus' analysis, Taste Gourmet Group stock appears to be undervalued.
The current stock price of HK$1.90 is trading 13.9% below its estimated GF Value™ of HK$2.20.
GuruFocus considers Taste Gourmet Group to be Modestly Undervalued.
Key valuation signals for HKSE:08371:
ROA %: 14.11% (21% above median its 10-year median of 11.68)
GF Value™: HK$2.20 vs. price of HK$1.90 (13.9% below fair value)
Industry Position: 547.2% above the Restaurants median (#27 of 364)
No single metric tells the full story. See the HKSE:08371 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taste Gourmet Group Ltd is an investment holding company whose subsidiaries are engaged in the operation of full-service restaurants and kiosks. The Group operates a multi-brand, multi-cuisine restaurant chain serving Southeast Asian, Chinese, Japanese and Western cuisines, targeting mid-to-high-end customer segments. Since the opening of its first restaurant, Urawa Japanese Restaurant, the Group has expanded its restaurant network through a multi-brand business model. Its restaurants are strategically located in prime areas, including premium shopping malls and street-level locations. Geographically, the Group operates in Hong Kong, which contributes the majority of its revenue, and Mainland China.
97GF Score
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