Crowell Development (TPE:2528) ROA %: 2.24% (As of Dec. 2025) — 3633% Above Median


TPE:2528 Crowell Development Corp TPE:2528
65 GF Score
Price NT$20.90
GF Value NT$121.87
Valuation Possible Value Trap
! 5 Warning Signs
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What is Crowell Development ROA %?

Crowell Development TPE:2528 -2.79% 65 ROA % is 2.24% as of Dec. 2025, which is 3633% above its 10-year median of 0.06. GuruFocus rates TPE:2528 with a GF Score™ of 65/100 and a GF Value™ of NT$121.87 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,804 Real Estate companies, Crowell Development ranks better than 83.87% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Crowell Development's annualized Net Income for the quarter that ended in Dec. 2025 was NT$515 Mil. Crowell Development's average Total Assets over the quarter that ended in Dec. 2025 was NT$23,011 Mil. Therefore, Crowell Development's annualized ROA % for the quarter that ended in Dec. 2025 was 2.24%.

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

TPE:2528' s ROA % Range Over the Past 10 Years
Min: -8.7   Med: 0.06   Max: 6
Current: 5.96

During the past 13 years, Crowell Development's highest ROA % was 6.00%. The lowest was -8.70%. And the median was 0.06%.

TPE:2528's ROA % is ranked better than
83.87% of 1804 companies
in the Real Estate industry
Industry Median: 1.7 vs TPE:2528: 5.96

Crowell Development  (TPE:2528) 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: Dec. 2025 )
=Net Income/Total Assets
=515.264/23010.609
=(Net Income / Revenue)*(Revenue / Total Assets)
=(515.264 / 5655.412)*(5655.412 / 23010.609)
=Net Margin %*Asset Turnover
=9.11 %*0.2458
=2.24 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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.


Crowell Development ROA % Related Terms


Crowell Development ROA % Historical Data

* Premium members only.

The historical data trend for Crowell Development'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.

Crowell Development ROA % Chart

Crowell Development Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.40 1.33 1.19 5.19 6.00

Crowell Development Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 22.51 6.31 4.47 10.60 2.24

TPE:2528 vs CBRE, BEKE: ROA % Comparison

For the Real Estate Services subindustry, Crowell Development'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.


Crowell Development ROA % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Crowell Development's ROA % distribution charts can be found below:

* The bar in red indicates where Crowell Development's ROA % falls into.


TPE:2528
65GF Score
Crowell Development Corp TPE:2528
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Crowell Development ROA % Calculation

Crowell Development'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 )
=1532.618/( (28590.027+22460.03)/ 2 )
=1532.618/25525.0285
=6.00 %

Crowell Development's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=515.264/( (23561.188+22460.03)/ 2 )
=515.264/23010.609
=2.24 %

* 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 (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 2.24% mean?
Crowell Development (TPE:2528) has a ROA % of 2.24% 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 Crowell Development and its competitors. This is 3633% above median its historical median of 0.06. According to the industry distribution chart, Crowell Development ranks #291 out of 1804 companies in the Real Estate industry, placing it in the top 16.1%.
Is Crowell Development's ROA % too high?
Crowell Development's current ROA % of 2.24% is 3633% above median its 10-year median of 0.06. The Real Estate industry median ROA % is 1.70. Crowell Development's value of 2.24% is 31.8% above this industry median. Based on the distribution chart, Crowell Development ranks #291 out of 1804 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Crowell Development has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Crowell Development's ROA % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Crowell Development ranks #291 out of 1804 companies for ROA %. This places Crowell Development in the top 16% of its industry — outperforming the majority of peers. The industry median ROA % is 1.70. Crowell Development's value of 2.24% is 31.8% above this benchmark. While the company's 10-year median is 0.06 vs. the industry median of 1.70, Crowell Development 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 Real Estate company?
The median ROA % among Real Estate companies is 1.70, based on 1,804 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. Crowell Development's current ROA % of 2.24% is 31.8% 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 Crowell Development and its competitors. For the Real Estate industry, the median ROA % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crowell Development's current ROA % is 2.24%, which is 3633% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crowell Development stock overvalued right now?
Based on GuruFocus' analysis, Crowell Development (TPE:2528) is currently considered Possible Value Trap. The stock's GF Value™ is NT$121.87, compared to a current price of NT$20.90 — trading 82.9% below its estimated fair value. The current ROA % is 2.24%, which is 3633% above median its 10-year median of 0.06 and 31.8% above the Real Estate industry median of 1.70. Crowell Development's overall GF Score™ is 65/100 with 5 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 Crowell Development (TPE:2528), the current ROA % is 2.24% 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 Crowell Development (TPE:2528) Overvalued in 2026?

Based on GuruFocus' analysis, Crowell Development stock appears to be undervalued. The current stock price of NT$20.90 is trading 82.9% below its estimated GF Value™ of NT$121.87. GuruFocus considers Crowell Development to be Possible Value Trap.

Key valuation signals for TPE:2528:

  • ROA %: 2.24% (3633% above median its 10-year median of 0.06)
  • GF Value™: NT$121.87 vs. price of NT$20.90 (82.9% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 31.8% above the Real Estate median (#291 of 1804)

No single metric tells the full story. See the TPE:2528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Crowell Development Business Description

Address No.747, Wenzhong Road, 6th Floor, Taoyuan District, Taoyuan City, TWN, 330
Crowell Development Corp engages in the business of construction, sales, and leasing of commercial and residential buildings. The company operates in a single segment of public housing, selling and leasing of residential and commercial buildings.
65GF Score

Get the complete analysis for TPE:2528

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

NT$20.90
Price
NT$121.87
GF Value