ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Whitman Holdings Bhd's annualizedNet Income for the quarter that ended in Dec. 2024 was RM1.65 Mil.
Whitman Holdings Bhd's average Total Assets over the quarter that ended in Dec. 2024 was RM4.71 Mil. Therefore, Whitman Holdings Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was 35.09%.
The historical rank and industry rank for Whitman Holdings Bhd's ROA % or its related term are showing as below:
XKLS:03070'
s ROA % Range Over the Past 10 Years
Min: 28.68 Med: 31.89 Max: 35.09
Current: 35.09
During the past 2 years, Whitman Holdings Bhd's highest ROA % was 35.09%. The lowest was 28.68%. And the median was 31.89%.
XKLS:03070's ROA % is not ranked
in the Asset Management industry.
Industry Median: 3.97
vs XKLS:03070: 35.09
Whitman Holdings Bhd (XKLS:03070) 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 one times the annual (Dec. 2024) net income data. The Revenue data used here is one times the annual (Dec. 2024) 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.
* 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.
Whitman Holdings Bhd ROA % Chart
Whitman Holdings Bhd Annual Data
Trend
Dec23
Dec24
ROA %
28.68
35.09
Whitman Holdings Bhd Semi-Annual Data
Dec23
Dec24
ROA %
28.68
35.09
XKLS:03070 vs BLK, BX, KKR: ROA % Comparison
For the Asset Management subindustry, Whitman Holdings 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.
Whitman Holdings Bhd ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Whitman Holdings Bhd's ROA % distribution charts can be found below:
* The bar in red indicates where Whitman Holdings 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 one times the annual (Dec. 2024) net income data.
ROA % is displayed in the 30-year financial page.
Whitman Holdings Bhd (XKLS:03070) has a ROA % of 35.09% as of Dec. 2024. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Whitman Holdings Bhd and its competitors. This is 10% above median its historical median of 31.89. Over the past decade, Whitman Holdings Bhd's ROA % has ranged from 28.68 to 35.09.
Is Whitman Holdings Bhd's ROA % too high?
Whitman Holdings Bhd's current ROA % of 35.09% is 10% above median its 10-year median of 31.89. Over the past 10 years, this metric has ranged from a low of 28.68 to a high of 35.09. The Asset Management industry median ROA % is 3.97. Whitman Holdings Bhd's value of 35.09% is 783.9% above this industry median. Overall, Whitman Holdings Bhd has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Whitman Holdings Bhd's ROA % compare to BLK and BX?
Whitman Holdings Bhd's ROA % of 35.09% can be compared against companies in the Asset Management industry. The industry median ROA % is 3.97. Whitman Holdings Bhd's value of 35.09% is 783.9% above this benchmark. Historically, Whitman Holdings Bhd's own ROA % has ranged from 28.68 to 35.09 over the past decade. While the company's 10-year median is 31.89 vs. the industry median of 3.97, Whitman Holdings 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 an Asset Management company?
The median ROA % among Asset Management companies is 3.97, based on 1,635 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. Whitman Holdings Bhd's current ROA % of 35.09% is 783.9% 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 Whitman Holdings Bhd and its competitors. For the Asset Management industry, the median ROA % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Whitman Holdings Bhd's current ROA % is 35.09%, which is 10% above median its own 10-year median of 31.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whitman Holdings Bhd stock overvalued right now?
Whitman Holdings Bhd (XKLS:03070) has a current ROA % of 35.09%. The current ROA % is 35.09%, which is 10% above median its 10-year median of 31.89 and 783.9% above the Asset Management industry median of 3.97. Whitman Holdings Bhd's overall GF Score™ is 17/100 with 1 warning sign 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 Whitman Holdings Bhd (XKLS:03070), the current ROA % is 35.09% as of Dec. 2024. 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.
Whitman Holdings Bhd is an investment holding company. Through its subsidiaries, the company is principally involved in the provision of holistic financial planning solutions focusing on retirement planning. The company's core advisory services consist of advisory and consultation services and dealing in securities (UTS and PRS). It also provides insurance consulting services and will-writing services as part of its complementary services. The company derives the majority of revenue from the provision of its Core advisory services, prominently from the dealing in securities (UTS and PRS) services. Geographically, it operates within Malaysia.
17GF Score
Get the complete analysis for XKLS:03070
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:03070 has been successfully added to your 