Pandora ASPNDZF 71 ROA % is 12.78% as of Mar. 2026, which is 40% below its 10-year median of 21.15. GuruFocus rates PNDZF with a GF Score™ of 71/100 and a GF Value™ of $187.22 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,134 Retail - Cyclical companies, Pandora AS ranks better than 95.06% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Pandora AS's annualizedNet Income for the quarter that ended in Mar. 2026 was $583 Mil.
Pandora AS's average Total Assets over the quarter that ended in Mar. 2026 was $4,560 Mil. Therefore, Pandora AS's annualized ROA % for the quarter that ended in Mar. 2026 was 12.78%.
The historical rank and industry rank for Pandora AS's ROA % or its related term are showing as below:
PNDZF'
s ROA % Range Over the Past 10 Years
Min: 9.33 Med: 21.15 Max: 42.44
Current: 18.09
During the past 13 years, Pandora AS's highest ROA % was 42.44%. The lowest was 9.33%. And the median was 21.15%.
PNDZF's ROA % is ranked better than 95.06% of 1134
companies
in the Retail - Cyclical industry
Industry Median: 2.725
vs PNDZF: 18.09
Pandora AS (OTCPK:PNDZF) 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.
Pandora AS ROA % Related Terms
Pandora AS ROA % Historical Data
* Premium members only.
The historical data trend for Pandora AS'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 Luxury Goods subindustry, Pandora AS'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.
Pandora AS ROA % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Pandora AS's ROA % distribution charts can be found below:
* The bar in red indicates where Pandora AS'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.
Pandora AS (PNDZF) has a ROA % of 12.78% 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 Pandora AS and its competitors. This is 40% below median its historical median of 21.15. Over the past decade, Pandora AS's ROA % has ranged from 9.33 to 42.44. According to the industry distribution chart, Pandora AS ranks #56 out of 1134 companies in the Retail - Cyclical industry, placing it in the top 4.9%.
Is Pandora AS's ROA % too high?
Pandora AS's current ROA % of 12.78% is 40% below median its 10-year median of 21.15. Over the past 10 years, this metric has ranged from a low of 9.33 to a high of 42.44. The Retail - Cyclical industry median ROA % is 2.73. Pandora AS's value of 12.78% is 369% above this industry median. Based on the distribution chart, Pandora AS ranks #56 out of 1134 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Pandora AS has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pandora AS's ROA % compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Pandora AS ranks #56 out of 1134 companies for ROA %. This places Pandora AS in the top 5% of its industry — outperforming the majority of peers. The industry median ROA % is 2.73. Pandora AS's value of 12.78% is 369% above this benchmark. Historically, Pandora AS's own ROA % has ranged from 9.33 to 42.44 over the past decade. While the company's 10-year median is 21.15 vs. the industry median of 2.73, Pandora AS 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 Retail - Cyclical company?
The median ROA % among Retail - Cyclical companies is 2.73, based on 1,134 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. Pandora AS's current ROA % of 12.78% is 369% 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 Pandora AS and its competitors. For the Retail - Cyclical industry, the median ROA % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pandora AS's current ROA % is 12.78%, which is 40% below median its own 10-year median of 21.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pandora AS stock overvalued right now?
Based on GuruFocus' analysis, Pandora AS (PNDZF) is currently considered Significantly Undervalued. The stock's GF Value™ is $187.22, compared to a current price of $109.00 — trading 41.8% below its estimated fair value. The current ROA % is 12.78%, which is 40% below median its 10-year median of 21.15 and 369% above the Retail - Cyclical industry median of 2.73. Pandora AS's overall GF Score™ is 71/100 with 2 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 Pandora AS (PNDZF), the current ROA % is 12.78% 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 Pandora AS (PNDZF) Overvalued in 2026?
Based on GuruFocus' analysis, Pandora AS stock appears to be undervalued.
The current stock price of $109.00 is trading 41.8% below its estimated GF Value™ of $187.22.
GuruFocus considers Pandora AS to be Significantly Undervalued.
Key valuation signals for PNDZF:
ROA %: 12.78% (40% below median its 10-year median of 21.15)
GF Value™: $187.22 vs. price of $109.00 (41.8% below fair value)
Industry Position: 369% above the Retail - Cyclical median (#56 of 1134)
No single metric tells the full story. See the PNDZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pandora is a premium jewelry brand and the market leader in the charm bracelet category. The company was established in the 1980s in Denmark and since then has expanded globally. Pandora has over 2,700 concept stores globally (2,000 owned and operated, and the remainder run by its franchise partners) as well as multibrand locations and stores-in-stores. Pandora owned retail accounts for over 80% and wholesale for the remainder. Charms and bracelets account for almost three-fourths of its sales. The firm produces mostly internally in two jewelry-crafting facilities in Thailand.
71GF Score
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