Intercede GroupIRCDF 82 ROA % is 15.16% as of Mar. 2026, which is 65% above its 10-year median of 9.19. GuruFocus rates IRCDF with a GF Score™ of 82/100 and a GF Value™ of $1.85. The stock has 2 warning signs investors should review. Among 2,885 Software companies, Intercede Group ranks better than 87.28% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Intercede Group's annualizedNet Income for the quarter that ended in Mar. 2026 was $5.69 Mil.
Intercede Group's average Total Assets over the quarter that ended in Mar. 2026 was $37.52 Mil. Therefore, Intercede Group's annualized ROA % for the quarter that ended in Mar. 2026 was 15.16%.
The historical rank and industry rank for Intercede Group's ROA % or its related term are showing as below:
IRCDF'
s ROA % Range Over the Past 10 Years
Min: -48.13 Med: 9.19 Max: 27.93
Current: 11.97
During the past 13 years, Intercede Group's highest ROA % was 27.93%. The lowest was -48.13%. And the median was 9.19%.
IRCDF's ROA % is ranked better than 87.28% of 2885
companies
in the Software industry
Industry Median: 1.68
vs IRCDF: 11.97
Intercede Group (OTCPK:IRCDF) 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.
Intercede Group ROA % Related Terms
Intercede Group ROA % Historical Data
* Premium members only.
The historical data trend for Intercede 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 Software - Application subindustry, Intercede 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.
Intercede Group ROA % vs Software Industry
For the Software industry and Technology sector, Intercede Group's ROA % distribution charts can be found below:
* The bar in red indicates where Intercede 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.
Intercede Group (IRCDF) has a ROA % of 15.16% 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 Intercede Group and its competitors. This is 65% above median its historical median of 9.19. According to the industry distribution chart, Intercede Group ranks #367 out of 2885 companies in the Software industry, placing it in the top 12.7%.
Is Intercede Group's ROA % too high?
Intercede Group's current ROA % of 15.16% is 65% above median its 10-year median of 9.19. The Software industry median ROA % is 1.68. Intercede Group's value of 15.16% is 802.4% above this industry median. Based on the distribution chart, Intercede Group ranks #367 out of 2885 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Intercede Group has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Intercede Group's ROA % compare to CRM and SHOP?
According to the Software industry distribution chart, Intercede Group ranks #367 out of 2885 companies for ROA %. This places Intercede Group in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 1.68. Intercede Group's value of 15.16% is 802.4% above this benchmark. While the company's 10-year median is 9.19 vs. the industry median of 1.68, Intercede 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 Software company?
The median ROA % among Software companies is 1.68, based on 2,885 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. Intercede Group's current ROA % of 15.16% is 802.4% 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 Intercede Group and its competitors. For the Software industry, the median ROA % is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intercede Group's current ROA % is 15.16%, which is 65% above median its own 10-year median of 9.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercede Group stock overvalued right now?
Intercede Group (IRCDF) has a current ROA % of 15.16%. The stock's GF Value™ is $1.85, compared to a current price of $1.37 — trading 25.9% below its estimated fair value. The current ROA % is 15.16%, which is 65% above median its 10-year median of 9.19 and 802.4% above the Software industry median of 1.68. Intercede Group's overall GF Score™ is 82/100 with 2 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 Intercede Group (IRCDF), the current ROA % is 15.16% 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 Intercede Group (IRCDF) Overvalued in 2026?
Based on GuruFocus' analysis, Intercede Group stock appears to be undervalued.
The current stock price of $1.37 is trading 25.9% below its estimated GF Value™ of $1.85.
Key valuation signals for IRCDF:
ROA %: 15.16% (65% above median its 10-year median of 9.19)
GF Value™: $1.85 vs. price of $1.37 (25.9% below fair value)
Industry Position: 802.4% above the Software median (#367 of 2885)
No single metric tells the full story. See the IRCDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment simply and cost-effectively. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, the Rest of Europe, the Americas, and the Rest of the world. The majority of its revenue is derived from the Americas.
82GF Score
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