Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Spindex Industries's annualizedNet Income for the quarter that ended in Jun. 2025 was S$-0.3 Mil.
Spindex Industries's average Total Assets over the quarter that ended in Jun. 2025 was S$227.9 Mil. Therefore, Spindex Industries's annualized ROA % for the quarter that ended in Jun. 2025 was -0.11%.
The historical rank and industry rank for Spindex Industries's ROA % or its related term are showing as below:
SGX:564'
s ROA % Range Over the Past 10 Years
Min: 2.92 Med: 7.95 Max: 11
Current: 2.92
During the past 13 years, Spindex Industries's highest ROA % was 11.00%. The lowest was 2.92%. And the median was 7.95%.
SGX:564's ROA % is not ranked
in the Industrial Products industry.
Industry Median: 3.06
vs SGX:564: 2.92
Spindex Industries (SGX:564) 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 (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.
Spindex Industries ROA % Related Terms
Spindex Industries ROA % Historical Data
* Premium members only.
The historical data trend for Spindex Industries'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 Tools & Accessories subindustry, Spindex Industries'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.
Spindex Industries ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Spindex Industries's ROA % distribution charts can be found below:
* The bar in red indicates where Spindex Industries'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 (Jun. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Spindex Industries (SGX:564) has a ROA % of -0.11% as of Jun. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Spindex Industries and its competitors. Over the past decade, Spindex Industries' ROA % has ranged from 2.92 to 11.00.
Is Spindex Industries' ROA % too high?
Spindex Industries' current ROA % is -0.11%. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 11.00. Overall, Spindex Industries has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Spindex Industries' ROA % compare to SNA and RBC?
Spindex Industries' ROA % of -0.11% can be compared against companies in the Industrial Products industry. The industry median ROA % is 3.06. Historically, Spindex Industries' own ROA % has ranged from 2.92 to 11.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Industrial Products company?
The median ROA % among Industrial Products companies is 3.06, based on 3,073 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. 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 Spindex Industries and its competitors. For the Industrial Products industry, the median ROA % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindex Industries's current ROA % is -0.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindex Industries stock overvalued right now?
Spindex Industries (SGX:564) has a current ROA % of -0.11%. The stock's GF Value™ is S$0.88, compared to a current price of S$1.42 — trading 61.4% above its estimated fair value. The current ROA % is -0.11%. Spindex Industries' overall GF Score™ is 68/100 with 9 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 Spindex Industries (SGX:564), the current ROA % is -0.11% as of Jun. 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.
Is Spindex Industries (SGX:564) Overvalued in 2026?
Based on GuruFocus' analysis, Spindex Industries stock appears to be overvalued.
The current stock price of S$1.42 is trading 61.4% above its estimated GF Value™ of S$0.88.
Key valuation signals for SGX:564:
ROA %: -0.11%
GF Value™: S$0.88 vs. price of S$1.42 (61.4% above fair value)
No single metric tells the full story. See the SGX:564 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spindex Industries Ltd is a manufacturer, importer, exporter, and dealer of mechanical, electrical, and electronic parts. The company's operating segment includes Imaging and printing; Machinery and automotive systems; and Consumer product and others. It generates maximum revenue from the Machinery and automotive systems segment. Geographically, it derives a majority of its revenue from the USA, Europe and others and also has a presence in Singapore; ASEAN, and China.
68GF Score
Get the complete analysis for SGX:564
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
SGX:564 has been successfully added to your 
