Alexander Forbes Group HoldingsJSE:AFH +0.94%68 ROA % is 0.15% as of Mar. 2026, which is at its 10-year median of 0.15. GuruFocus rates JSE:AFH with a GF Score™ of 68/100 and a GF Value™ of R8.61 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 567 Diversified Financial Services companies, Alexander Forbes Group Holdings ranks worse than 57.67% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Alexander Forbes Group Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was R846 Mil.
Alexander Forbes Group Holdings's average Total Assets over the quarter that ended in Mar. 2026 was R555,675 Mil. Therefore, Alexander Forbes Group Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 0.15%.
JSE:AFH'
s ROA % Range Over the Past 10 Years
Min: -0.05 Med: 0.15 Max: 0.5
Current: 0.16
During the past 13 years, Alexander Forbes Group Holdings's highest ROA % was 0.50%. The lowest was -0.05%. And the median was 0.15%.
JSE:AFH's ROA % is ranked worse than 57.67% of 567
companies
in the Diversified Financial Services industry
Industry Median: 0.82
vs JSE:AFH: 0.16
Alexander Forbes Group Holdings (JSE:AFH) 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.
Alexander Forbes Group Holdings ROA % Related Terms
Alexander Forbes Group Holdings 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 Financial Conglomerates subindustry, Alexander Forbes Group 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.
Alexander Forbes Group Holdings ROA % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Alexander Forbes Group Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Alexander Forbes Group 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.
Alexander Forbes Group Holdings (JSE:AFH) has a ROA % of 0.15% 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 Alexander Forbes Group Holdings and its competitors. This is near median its historical median of 0.15. According to the industry distribution chart, Alexander Forbes Group Holdings ranks #327 out of 567 companies in the Diversified Financial Services industry, placing it in the top 57.7%.
Is Alexander Forbes Group Holdings' ROA % too high?
Alexander Forbes Group Holdings' current ROA % of 0.15% is near median its 10-year median of 0.15. The Diversified Financial Services industry median ROA % is 0.82. Alexander Forbes Group Holdings' value of 0.15% is 81.7% below this industry median. Based on the distribution chart, Alexander Forbes Group Holdings ranks #327 out of 567 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Alexander Forbes Group Holdings has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alexander Forbes Group Holdings' ROA % compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Alexander Forbes Group Holdings ranks #327 out of 567 companies for ROA %. This places Alexander Forbes Group Holdings in the lower half of its industry. The industry median ROA % is 0.82. Alexander Forbes Group Holdings' value of 0.15% is 81.7% below this benchmark. While the company's 10-year median is 0.15 vs. the industry median of 0.82, Alexander Forbes Group 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 Diversified Financial Services company?
The median ROA % among Diversified Financial Services companies is 0.82, based on 567 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. Alexander Forbes Group Holdings's current ROA % of 0.15% is 81.7% 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 Alexander Forbes Group Holdings and its competitors. For the Diversified Financial Services industry, the median ROA % is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alexander Forbes Group Holdings's current ROA % is 0.15%, which is near median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Forbes Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alexander Forbes Group Holdings (JSE:AFH) is currently considered Modestly Undervalued. The stock's GF Value™ is R8.61, compared to a current price of R7.50 — trading 12.9% below its estimated fair value. The current ROA % is 0.15%, which is near median its 10-year median of 0.15 and 81.7% below the Diversified Financial Services industry median of 0.82. Alexander Forbes Group Holdings' overall GF Score™ is 68/100 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 Alexander Forbes Group Holdings (JSE:AFH), the current ROA % is 0.15% 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 Alexander Forbes Group Holdings (JSE:AFH) Overvalued in 2026?
Based on GuruFocus' analysis, Alexander Forbes Group Holdings stock appears to be undervalued.
The current stock price of R7.50 is trading 12.9% below its estimated GF Value™ of R8.61.
GuruFocus considers Alexander Forbes Group Holdings to be Modestly Undervalued.
Key valuation signals for JSE:AFH:
ROA %: 0.15% (near median its 10-year median of 0.15)
GF Value™: R8.61 vs. price of R7.50 (12.9% below fair value)
Industry Position: 81.7% below the Diversified Financial Services median (#327 of 567)
No single metric tells the full story. See the JSE:AFH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alexander Forbes Group Holdings Business Description
Alexander Forbes Group Holdings Ltd is a South Africa-based diversified financial services company. The company operates through seven segments: Retirement consulting, Healthcare consulting, Investments, Individual consulting, Multinational consulting, Solutions & Enablement, and Client Services & Business Optimization. Its services include Retirement consulting, Investments, Healthcare, Preservation funds, and Others. The company also offers online services.
68GF Score
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