ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. CodeMill AB's annualizedNet Income for the quarter that ended in Mar. 2026 was kr6.17 Mil.
CodeMill AB's average Total Assets over the quarter that ended in Mar. 2026 was kr79.33 Mil. Therefore, CodeMill AB's annualized ROA % for the quarter that ended in Mar. 2026 was 7.78%.
The historical rank and industry rank for CodeMill AB's ROA % or its related term are showing as below:
OSTO:CDMIL'
s ROA % Range Over the Past 10 Years
Min: -33.39 Med: -9.02 Max: 12.65
Current: 0.06
During the past 7 years, CodeMill AB's highest ROA % was 12.65%. The lowest was -33.39%. And the median was -9.02%.
OSTO:CDMIL's ROA % is ranked worse than 57.41% of 2883
companies
in the Software industry
Industry Median: 1.65
vs OSTO:CDMIL: 0.06
CodeMill AB (OSTO:CDMIL) 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 four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.
CodeMill AB ROA % Related Terms
CodeMill AB ROA % Historical Data
* Premium members only.
The historical data trend for CodeMill AB'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, CodeMill AB'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.
CodeMill AB ROA % vs Software Industry
For the Software industry and Technology sector, CodeMill AB's ROA % distribution charts can be found below:
* The bar in red indicates where CodeMill AB'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 four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
CodeMill AB (OSTO:CDMIL) has a ROA % of 7.78% 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 CodeMill AB and its competitors. According to the industry distribution chart, CodeMill AB ranks #1655 out of 2883 companies in the Software industry, placing it in the top 57.4%.
Is CodeMill AB's ROA % too high?
CodeMill AB's current ROA % is 7.78%. The Software industry median ROA % is 1.65. CodeMill AB's value of 7.78% is 371.5% above this industry median. Based on the distribution chart, CodeMill AB ranks #1655 out of 2883 companies in the Software industry, which is below the industry midpoint. Overall, CodeMill AB has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CodeMill AB's ROA % compare to UBER and SHOP?
According to the Software industry distribution chart, CodeMill AB ranks #1655 out of 2883 companies for ROA %. This places CodeMill AB in the lower half of its industry. The industry median ROA % is 1.65. CodeMill AB's value of 7.78% is 371.5% above this benchmark. 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 1.65, based on 2,883 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. CodeMill AB's current ROA % of 7.78% is 371.5% 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 CodeMill AB and its competitors. For the Software industry, the median ROA % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CodeMill AB's current ROA % is 7.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CodeMill AB stock overvalued right now?
Based on GuruFocus' analysis, CodeMill AB (OSTO:CDMIL) is currently considered Modestly Overvalued. The stock's GF Value™ is kr12.67, compared to a current price of kr14.85 — trading 17.2% above its estimated fair value. The current ROA % is 7.78% and 371.5% above the Software industry median of 1.65. CodeMill AB's overall GF Score™ is 73/100 with 4 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 CodeMill AB (OSTO:CDMIL), the current ROA % is 7.78% 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 CodeMill AB (OSTO:CDMIL) Overvalued in 2026?
Based on GuruFocus' analysis, CodeMill AB stock appears to be overvalued.
The current stock price of kr14.85 is trading 17.2% above its estimated GF Value™ of kr12.67.
GuruFocus considers CodeMill AB to be Modestly Overvalued.
Key valuation signals for OSTO:CDMIL:
ROA %: 7.78%
GF Value™: kr12.67 vs. price of kr14.85 (17.2% above fair value)
Industry Position: 371.5% above the Software median (#1655 of 2883)
No single metric tells the full story. See the OSTO:CDMIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CodeMill AB is a technology company that offers software development and technical services for video and media companies. The company's products include Accurate Player SDK, Accurate Video and Cantemo, as well as the product service, Digital Service, enable the streamlining of video and film production and distribution, from editing to archiving. Codemill has framework agreements with some of the world's key media companies such as Amazon Studios.
73GF Score
Get the complete analysis for OSTO:CDMIL
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSTO:CDMIL has been successfully added to your 
