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. Honor Matrix Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was €0.22 Mil.
Honor Matrix Holdings's average Total Assets over the quarter that ended in Dec. 2025 was €3.04 Mil. Therefore, Honor Matrix Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was 7.23%.
The historical rank and industry rank for Honor Matrix Holdings's ROA % or its related term are showing as below:
STU:MJD7'
s ROA % Range Over the Past 10 Years
Min: -119.23 Med: -25.7 Max: 221.54
Current: 6.2
During the past 13 years, Honor Matrix Holdings's highest ROA % was 221.54%. The lowest was -119.23%. And the median was -25.70%.
STU:MJD7's ROA % is ranked better than 87.46% of 287
companies
in the Forest Products industry
Industry Median: 0.98
vs STU:MJD7: 6.20
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.
* 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 Lumber & Wood Production subindustry, Honor Matrix Holdings'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.
Honor Matrix Holdings ROA % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Honor Matrix Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Honor Matrix Holdings'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.
Honor Matrix Holdings (STU:MJD7) has a ROA % of 7.23% 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 Honor Matrix Holdings and its competitors. According to the industry distribution chart, Honor Matrix Holdings ranks #36 out of 287 companies in the Forest Products industry, placing it in the top 12.5%.
Is Honor Matrix Holdings' ROA % too high?
Honor Matrix Holdings' current ROA % is 7.23%. The Forest Products industry median ROA % is 0.98. Honor Matrix Holdings' value of 7.23% is 637.8% above this industry median. Based on the distribution chart, Honor Matrix Holdings ranks #36 out of 287 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Honor Matrix Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Honor Matrix Holdings' ROA % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Honor Matrix Holdings ranks #36 out of 287 companies for ROA %. This places Honor Matrix Holdings in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 0.98. Honor Matrix Holdings' value of 7.23% is 637.8% 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 Forest Products company?
The median ROA % among Forest Products companies is 0.98, based on 287 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. Honor Matrix Holdings's current ROA % of 7.23% is 637.8% 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 Honor Matrix Holdings and its competitors. For the Forest Products industry, the median ROA % is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honor Matrix Holdings's current ROA % is 7.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honor Matrix Holdings stock overvalued right now?
Honor Matrix Holdings (STU:MJD7) has a current ROA % of 7.23%. The stock's GF Value™ is €0.02, compared to a current price of €0.04 — trading 89% above its estimated fair value. The current ROA % is 7.23% and 637.8% above the Forest Products industry median of 0.98. Honor Matrix Holdings' overall GF Score™ is 40/100 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 Honor Matrix Holdings (STU:MJD7), the current ROA % is 7.23% 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.
Is Honor Matrix Holdings (STU:MJD7) Overvalued in 2026?
Based on GuruFocus' analysis, Honor Matrix Holdings stock appears to be overvalued.
The current stock price of €0.04 is trading 89% above its estimated GF Value™ of €0.02.
Key valuation signals for STU:MJD7:
ROA %: 7.23%
GF Value™: €0.02 vs. price of €0.04 (89% above fair value)
Industry Position: 637.8% above the Forest Products median (#36 of 287)
No single metric tells the full story. See the STU:MJD7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Almana Ltd is principally engaged in the sales of household, plantation, and accessory products. It generates the majority of its revenue from the Accessory Business segment. Geographically, the company generated the maximum of its revenue from Hong Kong.
40GF Score
Get the complete analysis for STU:MJD7
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
STU:MJD7 has been successfully added to your 
