Air Asia Co (TPE:2630) ROA %: 1.27% (As of Mar. 2026) — 10% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TPE:2630 Air Asia Co Ltd TPE:2630
83 GF Score
Price NT$53.20
GF Value NT$38.73
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Air Asia Co ROA %?

Air Asia Co TPE:2630 -9.68% 83 ROA % is 1.27% as of Mar. 2026, which is 10% below its 10-year median of 1.41. GuruFocus rates TPE:2630 with a GF Score™ of 83/100 and a GF Value™ of NT$38.73 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 360 Aerospace & Defense companies, Air Asia Co ranks better than 56.11% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Air Asia Co's annualized Net Income for the quarter that ended in Mar. 2026 was NT$72 Mil. Air Asia Co's average Total Assets over the quarter that ended in Mar. 2026 was NT$5,669 Mil. Therefore, Air Asia Co's annualized ROA % for the quarter that ended in Mar. 2026 was 1.27%.

The historical rank and industry rank for Air Asia Co's ROA % or its related term are showing as below:

TPE:2630' s ROA % Range Over the Past 10 Years
Min: 0.28   Med: 1.41   Max: 8.97
Current: 3.26

During the past 13 years, Air Asia Co's highest ROA % was 8.97%. The lowest was 0.28%. And the median was 1.41%.

TPE:2630's ROA % is ranked better than
56.11% of 360 companies
in the Aerospace & Defense industry
Industry Median: 2.465 vs TPE:2630: 3.26

Air Asia Co  (TPE:2630) 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: Mar. 2026 )
=Net Income/Total Assets
=71.996/5668.954
=(Net Income / Revenue)*(Revenue / Total Assets)
=(71.996 / 4384.556)*(4384.556 / 5668.954)
=Net Margin %*Asset Turnover
=1.64 %*0.7734
=1.27 %

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.


Air Asia Co ROA % Related Terms


Air Asia Co ROA % Historical Data

* Premium members only.

The historical data trend for Air Asia Co'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.

Air Asia Co ROA % Chart

Air Asia Co 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 1.69 0.28 1.10 2.50 3.65

Air Asia Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.96 5.31 4.57 1.61 1.27

TPE:2630 vs SPCX, GE, RTX: ROA % Comparison

For the Aerospace & Defense subindustry, Air Asia Co'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.


Air Asia Co ROA % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Air Asia Co's ROA % distribution charts can be found below:

* The bar in red indicates where Air Asia Co's ROA % falls into.


TPE:2630
83GF Score
Air Asia Co Ltd TPE:2630
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Air Asia Co ROA % Calculation

Air Asia Co'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 )
=209.725/( (5766.921+5716.87)/ 2 )
=209.725/5741.8955
=3.65 %

Air Asia Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=71.996/( (5716.87+5621.038)/ 2 )
=71.996/5668.954
=1.27 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 1.27% mean?
Air Asia Co (TPE:2630) has a ROA % of 1.27% 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 Air Asia Co and its competitors. This is 10% below median its historical median of 1.41. Over the past decade, Air Asia Co's ROA % has ranged from 0.28 to 8.97. According to the industry distribution chart, Air Asia Co ranks #158 out of 360 companies in the Aerospace & Defense industry, placing it in the top 43.9%.
Is Air Asia Co's ROA % too high?
Air Asia Co's current ROA % of 1.27% is 10% below median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 8.97. The Aerospace & Defense industry median ROA % is 2.47. Air Asia Co's value of 1.27% is 48.5% below this industry median. Based on the distribution chart, Air Asia Co ranks #158 out of 360 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Air Asia Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Asia Co's ROA % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Air Asia Co ranks #158 out of 360 companies for ROA %. This puts Air Asia Co in the upper half of its industry. The industry median ROA % is 2.47. Air Asia Co's value of 1.27% is 48.5% below this benchmark. Historically, Air Asia Co's own ROA % has ranged from 0.28 to 8.97 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 2.47, Air Asia Co 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 an Aerospace & Defense company?
The median ROA % among Aerospace & Defense companies is 2.47, based on 360 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. Air Asia Co's current ROA % of 1.27% is 48.5% 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 Air Asia Co and its competitors. For the Aerospace & Defense industry, the median ROA % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Asia Co's current ROA % is 1.27%, which is 10% below median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Asia Co stock overvalued right now?
Based on GuruFocus' analysis, Air Asia Co (TPE:2630) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$38.73, compared to a current price of NT$53.20 — trading 37.4% above its estimated fair value. The current ROA % is 1.27%, which is 10% below median its 10-year median of 1.41 and 48.5% below the Aerospace & Defense industry median of 2.47. Air Asia Co's overall GF Score™ is 83/100 with 4 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 Air Asia Co (TPE:2630), the current ROA % is 1.27% 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 Air Asia Co (TPE:2630) Overvalued in 2026?

Based on GuruFocus' analysis, Air Asia Co stock appears to be overvalued. The current stock price of NT$53.20 is trading 37.4% above its estimated GF Value™ of NT$38.73. GuruFocus considers Air Asia Co to be Significantly Overvalued.

Key valuation signals for TPE:2630:

  • ROA %: 1.27% (10% below median its 10-year median of 1.41)
  • GF Value™: NT$38.73 vs. price of NT$53.20 (37.4% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 48.5% below the Aerospace & Defense median (#158 of 360)

No single metric tells the full story. See the TPE:2630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Air Asia Co Business Description

Address Jichang Road, No. 1050, Rende District, Next to Tainan Airport, Tainan Terminal, Tainan, TWN, 717206
Air Asia Co Ltd provides maintenance, renovation, upgrades, and integrated logistic support services for the aircraft and related components. It offers various services such as aircraft structure damage repair, airframe modification and retrofit, helicopter maintenance services, inspection, repair, and overhaul for various aircraft avionics/hydraulic/mechanical components, distributing parts and components, etc. Geographically, the Group generates maximum revenue from Taiwan, and the rest from Asia (excluding Taiwan), and other markets.
83GF Score

Get the complete analysis for TPE:2630

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

NT$53.20
Price
NT$38.73
GF Value