NCT Alliance BhdXKLS:0056 46 ROA % is 3.37% as of Mar. 2026, which is 3% below its 10-year median of 3.46. GuruFocus rates XKLS:0056 with a GF Score™ of 46/100 and a GF Value™ of RM0.39 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 2,877 Software companies, NCT Alliance Bhd ranks better than 53.22% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. NCT Alliance Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM61.8 Mil.
NCT Alliance Bhd's average Total Assets over the quarter that ended in Mar. 2026 was RM1,831.4 Mil. Therefore, NCT Alliance Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 3.37%.
The historical rank and industry rank for NCT Alliance Bhd's ROA % or its related term are showing as below:
XKLS:0056'
s ROA % Range Over the Past 10 Years
Min: -6.96 Med: 3.46 Max: 6.92
Current: 2.37
During the past 13 years, NCT Alliance Bhd's highest ROA % was 6.92%. The lowest was -6.96%. And the median was 3.46%.
XKLS:0056's ROA % is ranked better than 53.22% of 2877
companies
in the Software industry
Industry Median: 1.67
vs XKLS:0056: 2.37
NCT Alliance Bhd (XKLS:0056) 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 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.
NCT Alliance Bhd ROA % Related Terms
NCT Alliance Bhd ROA % Historical Data
* Premium members only.
The historical data trend for NCT Alliance Bhd'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 Information Technology Services subindustry, NCT Alliance Bhd'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.
NCT Alliance Bhd ROA % vs Software Industry
For the Software industry and Technology sector, NCT Alliance Bhd's ROA % distribution charts can be found below:
* The bar in red indicates where NCT Alliance Bhd'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 four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
NCT Alliance Bhd (XKLS:0056) has a ROA % of 3.37% 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 NCT Alliance Bhd and its competitors. This is near median its historical median of 3.46. According to the industry distribution chart, NCT Alliance Bhd ranks #1346 out of 2877 companies in the Software industry, placing it in the top 46.8%.
Is NCT Alliance Bhd's ROA % too high?
NCT Alliance Bhd's current ROA % of 3.37% is near median its 10-year median of 3.46. The Software industry median ROA % is 1.67. NCT Alliance Bhd's value of 3.37% is 101.8% above this industry median. Based on the distribution chart, NCT Alliance Bhd ranks #1346 out of 2877 companies in the Software industry, which is above the industry midpoint. Overall, NCT Alliance Bhd has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCT Alliance Bhd's ROA % compare to IBM and ACN?
According to the Software industry distribution chart, NCT Alliance Bhd ranks #1346 out of 2877 companies for ROA %. This puts NCT Alliance Bhd in the upper half of its industry. The industry median ROA % is 1.67. NCT Alliance Bhd's value of 3.37% is 101.8% above this benchmark. While the company's 10-year median is 3.46 vs. the industry median of 1.67, NCT Alliance Bhd 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 Software company?
The median ROA % among Software companies is 1.67, based on 2,877 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. NCT Alliance Bhd's current ROA % of 3.37% is 101.8% 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 NCT Alliance Bhd and its competitors. For the Software industry, the median ROA % is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCT Alliance Bhd's current ROA % is 3.37%, which is near median its own 10-year median of 3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCT Alliance Bhd stock overvalued right now?
Based on GuruFocus' analysis, NCT Alliance Bhd (XKLS:0056) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.39, compared to a current price of RM0.59 — trading 50% above its estimated fair value. The current ROA % is 3.37%, which is near median its 10-year median of 3.46 and 101.8% above the Software industry median of 1.67. NCT Alliance Bhd's overall GF Score™ is 46/100 with 10 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 NCT Alliance Bhd (XKLS:0056), the current ROA % is 3.37% 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 NCT Alliance Bhd (XKLS:0056) Overvalued in 2026?
Based on GuruFocus' analysis, NCT Alliance Bhd stock appears to be overvalued.
The current stock price of RM0.59 is trading 50% above its estimated GF Value™ of RM0.39.
GuruFocus considers NCT Alliance Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0056:
ROA %: 3.37% (near median its 10-year median of 3.46)
GF Value™: RM0.39 vs. price of RM0.59 (50% above fair value)
Industry Position: 101.8% above the Software median (#1346 of 2877)
No single metric tells the full story. See the XKLS:0056 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NCT Alliance Bhd, formerly Grand-Flo Bhd is an investment holding company, engaged in the provision of Property development and investment holding. The business activity of the firm is operated through two operating segments namely, Investment holding- Investment holding and project management activities and Property development- Property development activities and sales of completed units. Geographically, the company operates in single segment that is Malaysia.
46GF Score
Get the complete analysis for XKLS:0056
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
XKLS:0056 has been successfully added to your 
