AppAsia BhdXKLS:0119 +4.35%41 ROA % is 3.57% as of Mar. 2026, which is 168% above its 10-year median of 1.33. GuruFocus rates XKLS:0119 with a GF Score™ of 41/100 and a GF Value™ of RM0.10 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,878 Software companies, AppAsia Bhd ranks better than 56.67% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. AppAsia Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM1.54 Mil.
AppAsia Bhd's average Total Assets over the quarter that ended in Mar. 2026 was RM43.01 Mil. Therefore, AppAsia Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 3.57%.
The historical rank and industry rank for AppAsia Bhd's ROA % or its related term are showing as below:
XKLS:0119'
s ROA % Range Over the Past 10 Years
Min: -47.19 Med: 1.33 Max: 8.09
Current: 2.98
During the past 13 years, AppAsia Bhd's highest ROA % was 8.09%. The lowest was -47.19%. And the median was 1.33%.
XKLS:0119's ROA % is ranked better than 56.67% of 2878
companies
in the Software industry
Industry Median: 1.675
vs XKLS:0119: 2.98
AppAsia Bhd (XKLS:0119) 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.
AppAsia Bhd ROA % Related Terms
AppAsia Bhd ROA % Historical Data
* Premium members only.
The historical data trend for AppAsia 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 Software - Application subindustry, AppAsia 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.
AppAsia Bhd ROA % vs Software Industry
For the Software industry and Technology sector, AppAsia Bhd's ROA % distribution charts can be found below:
* The bar in red indicates where AppAsia 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.
AppAsia Bhd (XKLS:0119) has a ROA % of 3.57% 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 AppAsia Bhd and its competitors. This is 168% above median its historical median of 1.33. According to the industry distribution chart, AppAsia Bhd ranks #1247 out of 2878 companies in the Software industry, placing it in the top 43.3%.
Is AppAsia Bhd's ROA % too high?
AppAsia Bhd's current ROA % of 3.57% is 168% above median its 10-year median of 1.33. The Software industry median ROA % is 1.68. AppAsia Bhd's value of 3.57% is 113.1% above this industry median. Based on the distribution chart, AppAsia Bhd ranks #1247 out of 2878 companies in the Software industry, which is above the industry midpoint. Overall, AppAsia Bhd has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AppAsia Bhd's ROA % compare to UBER and SHOP?
According to the Software industry distribution chart, AppAsia Bhd ranks #1247 out of 2878 companies for ROA %. This puts AppAsia Bhd in the upper half of its industry. The industry median ROA % is 1.68. AppAsia Bhd's value of 3.57% is 113.1% above this benchmark. While the company's 10-year median is 1.33 vs. the industry median of 1.68, AppAsia 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 1.68, based on 2,878 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. AppAsia Bhd's current ROA % of 3.57% is 113.1% 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 AppAsia Bhd and its competitors. For the Software industry, the median ROA % is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AppAsia Bhd's current ROA % is 3.57%, which is 168% above median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AppAsia Bhd stock overvalued right now?
Based on GuruFocus' analysis, AppAsia Bhd (XKLS:0119) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.10, compared to a current price of RM0.12 — trading 20% above its estimated fair value. The current ROA % is 3.57%, which is 168% above median its 10-year median of 1.33 and 113.1% above the Software industry median of 1.68. AppAsia Bhd's overall GF Score™ is 41/100 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 AppAsia Bhd (XKLS:0119), the current ROA % is 3.57% 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 AppAsia Bhd (XKLS:0119) Overvalued in 2026?
Based on GuruFocus' analysis, AppAsia Bhd stock appears to be overvalued.
The current stock price of RM0.12 is trading 20% above its estimated GF Value™ of RM0.10.
GuruFocus considers AppAsia Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:0119:
ROA %: 3.57% (168% above median its 10-year median of 1.33)
GF Value™: RM0.10 vs. price of RM0.12 (20% above fair value)
Industry Position: 113.1% above the Software median (#1247 of 2878)
No single metric tells the full story. See the XKLS:0119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AppAsia Bhd is a digital platform provider specialising in blockchain technologies, advanced mobile applications, and digital content. The company operates in the segments of Financial Services Business, E-Commerce Business, Digital solutions Business, and Investment Holding and Other Businesses. Investment holding includes investment management and provision of management services and other complimentary services; E-Commerce Business segment engages in the provision of online marketplace for e-commerce activities; Digital solutions business engages in the provision of digital platform related solutions and services; and Financial services segment provides financial assistance. Geographically, the group operates in Malaysia and United States, of which key revenue is derived from Malaysia.
41GF Score
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