Serial SystemSGX:S69 +2.74% ROA % is 0.68% as of Dec. 2025, which is 7% below its 10-year median of 0.73. The stock has 5 warning signs investors should review. Among 2,497 Hardware companies, Serial System ranks worse than 62.8% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Serial System's annualizedNet Income for the quarter that ended in Dec. 2025 was S$4 Mil.
Serial System's average Total Assets over the quarter that ended in Dec. 2025 was S$562 Mil. Therefore, Serial System's annualized ROA % for the quarter that ended in Dec. 2025 was 0.68%.
The historical rank and industry rank for Serial System's ROA % or its related term are showing as below:
SGX:S69'
s ROA % Range Over the Past 10 Years
Min: -3.43 Med: 0.73 Max: 3.31
Current: 0.53
During the past 13 years, Serial System's highest ROA % was 3.31%. The lowest was -3.43%. And the median was 0.73%.
SGX:S69's ROA % is ranked worse than 62.8% of 2497
companies
in the Hardware industry
Industry Median: 2.28
vs SGX:S69: 0.53
Serial System (SGX:S69) 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 (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.
Serial System ROA % Related Terms
Serial System ROA % Historical Data
* Premium members only.
The historical data trend for Serial System'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 Electronics & Computer Distribution subindustry, Serial System'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.
Serial System ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Serial System's ROA % distribution charts can be found below:
* The bar in red indicates where Serial System'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 (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Serial System (SGX:S69) has a ROA % of 0.68% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Serial System and its competitors. This is near median its historical median of 0.73. According to the industry distribution chart, Serial System ranks #1568 out of 2497 companies in the Hardware industry, placing it in the top 62.8%.
Is Serial System's ROA % too high?
Serial System's current ROA % of 0.68% is near median its 10-year median of 0.73. The Hardware industry median ROA % is 2.28. Serial System's value of 0.68% is 70.2% below this industry median. Based on the distribution chart, Serial System ranks #1568 out of 2497 companies in the Hardware industry, which is below the industry midpoint.
How does Serial System's ROA % compare to SNX and ARW?
According to the Hardware industry distribution chart, Serial System ranks #1568 out of 2497 companies for ROA %. This places Serial System in the lower half of its industry. The industry median ROA % is 2.28. Serial System's value of 0.68% is 70.2% below this benchmark. While the company's 10-year median is 0.73 vs. the industry median of 2.28, Serial System has consistently been below 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 Hardware company?
The median ROA % among Hardware companies is 2.28, based on 2,497 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. Serial System's current ROA % of 0.68% is 70.2% below 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 Serial System and its competitors. For the Hardware industry, the median ROA % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Serial System's current ROA % is 0.68%, which is near median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serial System stock overvalued right now?
Based on GuruFocus' analysis, Serial System (SGX:S69) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.06, compared to a current price of S$0.08 — trading 25% above its estimated fair value. The current ROA % is 0.68%, which is near median its 10-year median of 0.73 and 70.2% below the Hardware industry median of 2.28. 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 Serial System (SGX:S69), the current ROA % is 0.68% as of Dec. 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.
Serial System Ltd is an investment holding company that provides management services to its subsidiaries. The company is involved in the distribution of electronic and electrical components, and trading and distribution of fast-moving consumer goods, and other products. The business operates through segments that are Electronic Components Distribution, Consumer Products Distribution, and Other Businesses. The company derives maximum revenue from Electronic components distribution.
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