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Mega Fortune CoMGRT +11.10%24 ROA % is 13.87% as of Sep. 2025, which is 9% below its 10-year median of 15.23. GuruFocus rates MGRT with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 2,892 Software companies, Mega Fortune Co ranks better than 94.64% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mega Fortune Co's annualizedNet Income for the quarter that ended in Sep. 2025 was $1.75 Mil.
Mega Fortune Co's average Total Assets over the quarter that ended in Sep. 2025 was $12.63 Mil. Therefore, Mega Fortune Co's annualized ROA % for the quarter that ended in Sep. 2025 was 13.87%.
The historical rank and industry rank for Mega Fortune Co's ROA % or its related term are showing as below:
MGRT'
s ROA % Range Over the Past 10 Years
Min: 12.45 Med: 15.23 Max: 23.13
Current: 18.69
During the past 4 years, Mega Fortune Co's highest ROA % was 23.13%. The lowest was 12.45%. And the median was 15.23%.
MGRT's ROA % is ranked better than 94.64% of 2892
companies
in the Software industry
Industry Median: 1.705
vs MGRT: 18.69
Mega Fortune Co (NAS:MGRT) 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 (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.
Mega Fortune Co ROA % Related Terms
Mega Fortune Co ROA % Historical Data
* Premium members only.
The historical data trend for Mega Fortune Co'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 Information Technology Services subindustry, Mega Fortune 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.
Mega Fortune Co ROA % vs Software Industry
For the Software industry and Technology sector, Mega Fortune Co's ROA % distribution charts can be found below:
* The bar in red indicates where Mega Fortune 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 (Sep. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Mega Fortune Co (MGRT) has a ROA % of 13.87% as of Sep. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mega Fortune Co and its competitors. This is near median its historical median of 15.23. Over the past decade, Mega Fortune Co's ROA % has ranged from 12.45 to 23.13. According to the industry distribution chart, Mega Fortune Co ranks #155 out of 2892 companies in the Software industry, placing it in the top 5.4%.
Is Mega Fortune Co's ROA % too high?
Mega Fortune Co's current ROA % of 13.87% is near median its 10-year median of 15.23. Over the past 10 years, this metric has ranged from a low of 12.45 to a high of 23.13. The Software industry median ROA % is 1.71. Mega Fortune Co's value of 13.87% is 713.5% above this industry median. Based on the distribution chart, Mega Fortune Co ranks #155 out of 2892 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Mega Fortune Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Mega Fortune Co's ROA % compare to VYX and GLOB?
According to the Software industry distribution chart, Mega Fortune Co ranks #155 out of 2892 companies for ROA %. This places Mega Fortune Co in the top 5% of its industry — outperforming the majority of peers. The industry median ROA % is 1.71. Mega Fortune Co's value of 13.87% is 713.5% above this benchmark. Historically, Mega Fortune Co's own ROA % has ranged from 12.45 to 23.13 over the past decade. While the company's 10-year median is 15.23 vs. the industry median of 1.71, Mega Fortune 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 Software company?
The median ROA % among Software companies is 1.71, based on 2,892 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. Mega Fortune Co's current ROA % of 13.87% is 713.5% 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 Mega Fortune Co and its competitors. For the Software industry, the median ROA % is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Fortune Co's current ROA % is 13.87%, which is near median its own 10-year median of 15.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Fortune Co stock overvalued right now?
Mega Fortune Co (MGRT) has a current ROA % of 13.87%. The current ROA % is 13.87%, which is near median its 10-year median of 15.23 and 713.5% above the Software industry median of 1.71. Mega Fortune Co's overall GF Score™ is 24/100 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 Mega Fortune Co (MGRT), the current ROA % is 13.87% as of Sep. 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.
Mega Fortune Co Ltd is an Internet of Things (IoT) solution provider in Hong Kong. Through its IoT platform, tools, and services, it helps enterprises with their digital transformation, launch IoT initiatives, scale up an existing IoT application, or integrate any IoT solution. The Company has specialized in delivering comprehensive IoT solutions and services across various industries. Its vision is to become the preferred choice for enterprise and project IoT solutions across the Asia-Pacific region.
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