CE Technology BhdXKLS:03024 72 ROA % is 4.91% as of Jan. 2026, which is 38% below its 10-year median of 7.93. GuruFocus rates XKLS:03024 with a GF Score™ of 72/100 and a GF Value™ of RM1.65 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,613 Chemicals companies, CE Technology Bhd ranks better than 66.27% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. CE Technology Bhd's annualizedNet Income for the quarter that ended in Jan. 2026 was RM9.5 Mil.
CE Technology Bhd's average Total Assets over the quarter that ended in Jan. 2026 was RM193.5 Mil. Therefore, CE Technology Bhd's annualized ROA % for the quarter that ended in Jan. 2026 was 4.91%.
The historical rank and industry rank for CE Technology Bhd's ROA % or its related term are showing as below:
XKLS:03024'
s ROA % Range Over the Past 10 Years
Min: -1.37 Med: 7.93 Max: 35.86
Current: 4.92
During the past 10 years, CE Technology Bhd's highest ROA % was 35.86%. The lowest was -1.37%. And the median was 7.93%.
XKLS:03024's ROA % is ranked better than 66.27% of 1613
companies
in the Chemicals industry
Industry Median: 2.9
vs XKLS:03024: 4.92
CE Technology Bhd (XKLS:03024) 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 two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.
CE Technology Bhd ROA % Related Terms
CE Technology Bhd ROA % Historical Data
* Premium members only.
The historical data trend for CE Technology 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 Specialty Chemicals subindustry, CE Technology 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.
CE Technology Bhd ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, CE Technology Bhd's ROA % distribution charts can be found below:
* The bar in red indicates where CE Technology 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 two times the semi-annual (Jan. 2026) net income data.
ROA % is displayed in the 30-year financial page.
CE Technology Bhd (XKLS:03024) has a ROA % of 4.91% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on CE Technology Bhd and its competitors. This is 38% below median its historical median of 7.93. According to the industry distribution chart, CE Technology Bhd ranks #544 out of 1613 companies in the Chemicals industry, placing it in the top 33.7%.
Is CE Technology Bhd's ROA % too high?
CE Technology Bhd's current ROA % of 4.91% is 38% below median its 10-year median of 7.93. The Chemicals industry median ROA % is 2.90. CE Technology Bhd's value of 4.91% is 69.3% above this industry median. Based on the distribution chart, CE Technology Bhd ranks #544 out of 1613 companies in the Chemicals industry, which is above the industry midpoint. Overall, CE Technology Bhd has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CE Technology Bhd's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, CE Technology Bhd ranks #544 out of 1613 companies for ROA %. This puts CE Technology Bhd in the upper half of its industry. The industry median ROA % is 2.90. CE Technology Bhd's value of 4.91% is 69.3% above this benchmark. While the company's 10-year median is 7.93 vs. the industry median of 2.90, CE Technology 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 Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,613 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. CE Technology Bhd's current ROA % of 4.91% is 69.3% 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 CE Technology Bhd and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CE Technology Bhd's current ROA % is 4.91%, which is 38% below median its own 10-year median of 7.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CE Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, CE Technology Bhd (XKLS:03024) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.65, compared to a current price of RM0.85 — trading 48.5% below its estimated fair value. The current ROA % is 4.91%, which is 38% below median its 10-year median of 7.93 and 69.3% above the Chemicals industry median of 2.90. CE Technology Bhd's overall GF Score™ is 72/100 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 CE Technology Bhd (XKLS:03024), the current ROA % is 4.91% as of Jan. 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 CE Technology Bhd (XKLS:03024) Overvalued in 2026?
Based on GuruFocus' analysis, CE Technology Bhd stock appears to be undervalued.
The current stock price of RM0.85 is trading 48.5% below its estimated GF Value™ of RM1.65.
GuruFocus considers CE Technology Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:03024:
ROA %: 4.91% (38% below median its 10-year median of 7.93)
GF Value™: RM1.65 vs. price of RM0.85 (48.5% below fair value)
Industry Position: 69.3% above the Chemicals median (#544 of 1613)
No single metric tells the full story. See the XKLS:03024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CE Technology Bhd is principally engaged in the research, development, post-processing, manufacturing, and sales of cleanroom gloves. It mainly serves the needs of the high-end critical environment industries such as disk drives, semiconductors, electronic devices, flat panels, biotech, medical devices, pharmaceutical, and aerospace manufacturing industries. Geographically, it earns revenues from Malaysia, ASEAN, Europe, the USA, Japan, China, and Others. The company earns maximum revenue from the USA.
72GF Score
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