CombinedX AB (OSTO:CX) ROA %: 48.49% (As of Jun. 2026) — 581% Above Median

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OSTO:CX CombinedX AB OSTO:CX
85 GF Score
Price kr34.00
GF Value kr36.78
Valuation Fairly Valued
! 6 Warning Signs
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What is CombinedX AB ROA %?

CombinedX AB OSTO:CX -0.58% 85 ROA % is 48.49% as of Jun. 2026, which is 581% above its 10-year median of 7.12. GuruFocus rates OSTO:CX with a GF Score™ of 85/100 and a GF Value™ of kr36.78 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,894 Software companies, CombinedX AB ranks better than 92.16% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. CombinedX AB's annualized Net Income for the quarter that ended in Jun. 2026 was kr426.8 Mil. CombinedX AB's average Total Assets over the quarter that ended in Jun. 2026 was kr880.2 Mil. Therefore, CombinedX AB's annualized ROA % for the quarter that ended in Jun. 2026 was 48.49%.

The historical rank and industry rank for CombinedX AB's ROA % or its related term are showing as below:

OSTO:CX' s ROA % Range Over the Past 10 Years
Min: -4.79   Med: 7.12   Max: 15.58
Current: 15.58

During the past 8 years, CombinedX AB's highest ROA % was 15.58%. The lowest was -4.79%. And the median was 7.12%.

OSTO:CX's ROA % is ranked better than
92.16% of 2894 companies
in the Software industry
Industry Median: 1.69 vs OSTO:CX: 15.58

CombinedX AB  (OSTO:CX) 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 bank’s 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:

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=426.8/880.15
=(Net Income / Revenue)*(Revenue / Total Assets)
=(426.8 / 892.4)*(892.4 / 880.15)
=Net Margin %*Asset Turnover
=47.83 %*1.0139
=48.49 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


CombinedX AB ROA % Related Terms


CombinedX AB ROA % Historical Data

* Premium members only.

The historical data trend for CombinedX 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.

CombinedX AB ROA % Chart

CombinedX AB Annual Data
Trend Apr18 Apr19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial 11.82 6.87 11.52 7.36 4.65

CombinedX AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.87 1.85 4.89 6.68 48.49

OSTO:CX vs IBM, ACN, FISV: ROA % Comparison

For the Information Technology Services subindustry, CombinedX 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.


CombinedX AB ROA % vs Software Industry

For the Software industry and Technology sector, CombinedX AB's ROA % distribution charts can be found below:

* The bar in red indicates where CombinedX AB's ROA % falls into.


OSTO:CX
85GF Score
CombinedX AB OSTO:CX
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CombinedX AB ROA % Calculation

CombinedX AB's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=37.7/( (742.1+879.6)/ 2 )
=37.7/810.85
=4.65 %

CombinedX AB's annualized ROA % for the quarter that ended in Jun. 2026 is calculated as:

ROA %=Net Income (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=426.8/( (893.8+866.5)/ 2 )
=426.8/880.15
=48.49 %

* 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 (Jun. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 48.49% mean?
CombinedX AB (OSTO:CX) has a ROA % of 48.49% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on CombinedX AB and its competitors. This is 581% above median its historical median of 7.12. According to the industry distribution chart, CombinedX AB ranks #227 out of 2894 companies in the Software industry, placing it in the top 7.8%.
Is CombinedX AB's ROA % too high?
CombinedX AB's current ROA % of 48.49% is 581% above median its 10-year median of 7.12. The Software industry median ROA % is 1.69. CombinedX AB's value of 48.49% is 2769.2% above this industry median. Based on the distribution chart, CombinedX AB ranks #227 out of 2894 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, CombinedX AB has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CombinedX AB's ROA % compare to IBM and ACN?
According to the Software industry distribution chart, CombinedX AB ranks #227 out of 2894 companies for ROA %. This places CombinedX AB in the top 8% of its industry — outperforming the majority of peers. The industry median ROA % is 1.69. CombinedX AB's value of 48.49% is 2769.2% above this benchmark. While the company's 10-year median is 7.12 vs. the industry median of 1.69, CombinedX AB 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 1.69, based on 2,894 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. CombinedX AB's current ROA % of 48.49% is 2769.2% 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 CombinedX AB and its competitors. For the Software industry, the median ROA % is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CombinedX AB's current ROA % is 48.49%, which is 581% above median its own 10-year median of 7.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CombinedX AB stock overvalued right now?
Based on GuruFocus' analysis, CombinedX AB (OSTO:CX) is currently considered Fairly Valued. The stock's GF Value™ is kr36.78, compared to a current price of kr34.00 — trading 7.6% below its estimated fair value. The current ROA % is 48.49%, which is 581% above median its 10-year median of 7.12 and 2769.2% above the Software industry median of 1.69. CombinedX AB's overall GF Score™ is 85/100 with 6 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 CombinedX AB (OSTO:CX), the current ROA % is 48.49% as of Jun. 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 CombinedX AB (OSTO:CX) Overvalued in 2026?

Based on GuruFocus' analysis, CombinedX AB stock appears to be undervalued. The current stock price of kr34.00 is trading 7.6% below its estimated GF Value™ of kr36.78. GuruFocus considers CombinedX AB to be Fairly Valued.

Key valuation signals for OSTO:CX:

  • ROA %: 48.49% (581% above median its 10-year median of 7.12)
  • GF Value™: kr36.78 vs. price of kr34.00 (7.6% below fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 2769.2% above the Software median (#227 of 2894)

No single metric tells the full story. See the OSTO:CX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CombinedX AB Business Description

Address Tynasgatan 10, Karlstad, SWE, 652 16
CombinedX AB is a family of knowledge companies that help companies and organizations to take advantage of the opportunities of digitalisation. It delivers services through eight wholly-owned specialist companies, each with market-leading technology and business expertise in its niche.
85GF Score

Get the complete analysis for OSTO:CX

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr34.00
Price
kr36.78
GF Value