ISA HoldingsJSE:ISA +4.48%88 ROA % is 30.05% as of Feb. 2026, which is 14% above its 10-year median of 26.38. GuruFocus rates JSE:ISA with a GF Score™ of 88/100 and a GF Value™ of R2.23 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,882 Software companies, ISA Holdings ranks better than 98.09% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. ISA Holdings's annualizedNet Income for the quarter that ended in Feb. 2026 was R27.9 Mil.
ISA Holdings's average Total Assets over the quarter that ended in Feb. 2026 was R92.7 Mil. Therefore, ISA Holdings's annualized ROA % for the quarter that ended in Feb. 2026 was 30.05%.
The historical rank and industry rank for ISA Holdings's ROA % or its related term are showing as below:
JSE:ISA'
s ROA % Range Over the Past 10 Years
Min: 16.7 Med: 26.38 Max: 36.33
Current: 30.12
During the past 13 years, ISA Holdings's highest ROA % was 36.33%. The lowest was 16.70%. And the median was 26.38%.
JSE:ISA's ROA % is ranked better than 98.09% of 2882
companies
in the Software industry
Industry Median: 1.66
vs JSE:ISA: 30.12
ISA Holdings (JSE:ISA) 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 (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 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.
ISA Holdings ROA % Related Terms
ISA Holdings ROA % Historical Data
* Premium members only.
The historical data trend for ISA 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 Software - Infrastructure subindustry, ISA 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.
ISA Holdings ROA % vs Software Industry
For the Software industry and Technology sector, ISA Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where ISA 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 (Feb. 2026) net income data.
ROA % is displayed in the 30-year financial page.
ISA Holdings (JSE:ISA) has a ROA % of 30.05% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on ISA Holdings and its competitors. This is 14% above median its historical median of 26.38. Over the past decade, ISA Holdings' ROA % has ranged from 16.70 to 36.33. According to the industry distribution chart, ISA Holdings ranks #55 out of 2882 companies in the Software industry, placing it in the top 1.9%.
Is ISA Holdings' ROA % too high?
ISA Holdings' current ROA % of 30.05% is 14% above median its 10-year median of 26.38. Over the past 10 years, this metric has ranged from a low of 16.70 to a high of 36.33. The Software industry median ROA % is 1.66. ISA Holdings' value of 30.05% is 1710.2% above this industry median. Based on the distribution chart, ISA Holdings ranks #55 out of 2882 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, ISA Holdings has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ISA Holdings' ROA % compare to MSFT and ORCL?
According to the Software industry distribution chart, ISA Holdings ranks #55 out of 2882 companies for ROA %. This places ISA Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median ROA % is 1.66. ISA Holdings' value of 30.05% is 1710.2% above this benchmark. Historically, ISA Holdings' own ROA % has ranged from 16.70 to 36.33 over the past decade. While the company's 10-year median is 26.38 vs. the industry median of 1.66, ISA Holdings 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 1.66, based on 2,882 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. ISA Holdings's current ROA % of 30.05% is 1710.2% 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 ISA Holdings and its competitors. For the Software industry, the median ROA % is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ISA Holdings's current ROA % is 30.05%, which is 14% above median its own 10-year median of 26.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ISA Holdings stock overvalued right now?
Based on GuruFocus' analysis, ISA Holdings (JSE:ISA) is currently considered Fairly Valued. The stock's GF Value™ is R2.23, compared to a current price of R2.10 — trading 5.8% below its estimated fair value. The current ROA % is 30.05%, which is 14% above median its 10-year median of 26.38 and 1710.2% above the Software industry median of 1.66. ISA Holdings' overall GF Score™ is 88/100 with 3 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 ISA Holdings (JSE:ISA), the current ROA % is 30.05% as of Feb. 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 ISA Holdings (JSE:ISA) Overvalued in 2026?
Based on GuruFocus' analysis, ISA Holdings stock appears to be undervalued.
The current stock price of R2.10 is trading 5.8% below its estimated GF Value™ of R2.23.
GuruFocus considers ISA Holdings to be Fairly Valued.
Key valuation signals for JSE:ISA:
ROA %: 30.05% (14% above median its 10-year median of 26.38)
GF Value™: R2.23 vs. price of R2.10 (5.8% below fair value)
Industry Position: 1710.2% above the Software median (#55 of 2882)
No single metric tells the full story. See the JSE:ISA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ISA Holdings Ltd is an investment holding company. The company, through its subsidiary, provides network, Internet, and information security solutions to the sub-Saharan African market. Its business is to discover, design, deliver, deploy, and manage its bespoke Information and Communication Technology (ICT) security infrastructure. Its technology offerings include firewalls, anti-virus, authentication, remote access, content security, intrusion protection, virtual private networking, vulnerability assessment, messaging and data protection, and identity and access management. The company generates a majority of its revenue from its business in South Africa.
88GF Score
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