Carlo Rino Group Bhd (XKLS:0335) ROA %: 11.45% (As of Mar. 2026) — 68% Above Median


XKLS:0335 Carlo Rino Group Bhd XKLS:0335
60 GF Score
Price RM0.19
GF Value RM0.28
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Carlo Rino Group Bhd ROA %?

Carlo Rino Group Bhd XKLS:0335 60 ROA % is 11.45% as of Mar. 2026, which is 68% above its 10-year median of 6.82. GuruFocus rates XKLS:0335 with a GF Score™ of 60/100 and a GF Value™ of RM0.28 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Carlo Rino Group Bhd ranks better than 80.36% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Carlo Rino Group Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM21.88 Mil. Carlo Rino Group Bhd's average Total Assets over the quarter that ended in Mar. 2026 was RM191.07 Mil. Therefore, Carlo Rino Group Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 11.45%.

The historical rank and industry rank for Carlo Rino Group Bhd's ROA % or its related term are showing as below:

XKLS:0335' s ROA % Range Over the Past 10 Years
Min: 2.91   Med: 6.82   Max: 17.86
Current: 6.35

During the past 10 years, Carlo Rino Group Bhd's highest ROA % was 17.86%. The lowest was 2.91%. And the median was 6.82%.

XKLS:0335's ROA % is ranked better than
80.36% of 1069 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.95 vs XKLS:0335: 6.35

Carlo Rino Group Bhd  (XKLS:0335) 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
=21.88/191.067
=(Net Income / Revenue)*(Revenue / Total Assets)
=(21.88 / 122.5)*(122.5 / 191.067)
=Net Margin %*Asset Turnover
=17.86 %*0.6411
=11.45 %

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.


Carlo Rino Group Bhd ROA % Related Terms


Carlo Rino Group Bhd ROA % Historical Data

* Premium members only.

The historical data trend for Carlo Rino Group 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.

Carlo Rino Group Bhd ROA % Chart

Carlo Rino Group Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.57 17.86 16.73 12.91 9.10

Carlo Rino Group Bhd Quarterly Data
Mar18 Jun18 Dec18 Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 14.58 2.64 5.14 6.41 11.45

XKLS:0335 vs NKE, DECK, ONON: ROA % Comparison

For the Footwear & Accessories subindustry, Carlo Rino Group 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.


Carlo Rino Group Bhd ROA % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Carlo Rino Group Bhd's ROA % distribution charts can be found below:

* The bar in red indicates where Carlo Rino Group Bhd's ROA % falls into.


XKLS:0335
60GF Score
Carlo Rino Group Bhd XKLS:0335
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Carlo Rino Group Bhd ROA % Calculation

Carlo Rino Group Bhd's annualized ROA % for the fiscal year that ended in Jun. 2025 is calculated as:

ROA %=Net Income (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=15.666/( (150.098+194.388)/ 2 )
=15.666/172.243
=9.10 %

Carlo Rino Group Bhd'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 )
=21.88/( (192.018+190.116)/ 2 )
=21.88/191.067
=11.45 %

* 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 11.45% mean?
Carlo Rino Group Bhd (XKLS:0335) has a ROA % of 11.45% 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 Carlo Rino Group Bhd and its competitors. This is 68% above median its historical median of 6.82. Over the past decade, Carlo Rino Group Bhd's ROA % has ranged from 2.91 to 17.86. According to the industry distribution chart, Carlo Rino Group Bhd ranks #210 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 19.6%.
Is Carlo Rino Group Bhd's ROA % too high?
Carlo Rino Group Bhd's current ROA % of 11.45% is 68% above median its 10-year median of 6.82. Over the past 10 years, this metric has ranged from a low of 2.91 to a high of 17.86. The Manufacturing - Apparel & Accessories industry median ROA % is 1.95. Carlo Rino Group Bhd's value of 11.45% is 487.2% above this industry median. Based on the distribution chart, Carlo Rino Group Bhd ranks #210 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Carlo Rino Group Bhd has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlo Rino Group Bhd's ROA % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Carlo Rino Group Bhd ranks #210 out of 1069 companies for ROA %. This places Carlo Rino Group Bhd in the top 20% of its industry — outperforming the majority of peers. The industry median ROA % is 1.95. Carlo Rino Group Bhd's value of 11.45% is 487.2% above this benchmark. Historically, Carlo Rino Group Bhd's own ROA % has ranged from 2.91 to 17.86 over the past decade. While the company's 10-year median is 6.82 vs. the industry median of 1.95, Carlo Rino Group 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 Manufacturing - Apparel & Accessories company?
The median ROA % among Manufacturing - Apparel & Accessories companies is 1.95, based on 1,069 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. Carlo Rino Group Bhd's current ROA % of 11.45% is 487.2% 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 Carlo Rino Group Bhd and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlo Rino Group Bhd's current ROA % is 11.45%, which is 68% above median its own 10-year median of 6.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlo Rino Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Carlo Rino Group Bhd (XKLS:0335) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.19 — trading 32.1% below its estimated fair value. The current ROA % is 11.45%, which is 68% above median its 10-year median of 6.82 and 487.2% above the Manufacturing - Apparel & Accessories industry median of 1.95. Carlo Rino Group Bhd's overall GF Score™ is 60/100 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 Carlo Rino Group Bhd (XKLS:0335), the current ROA % is 11.45% 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 Carlo Rino Group Bhd (XKLS:0335) Overvalued in 2026?

Based on GuruFocus' analysis, Carlo Rino Group Bhd stock appears to be undervalued. The current stock price of RM0.19 is trading 32.1% below its estimated GF Value™ of RM0.28. GuruFocus considers Carlo Rino Group Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0335:

  • ROA %: 11.45% (68% above median its 10-year median of 6.82)
  • GF Value™: RM0.28 vs. price of RM0.19 (32.1% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 487.2% above the Manufacturing - Apparel & Accessories median (#210 of 1069)

No single metric tells the full story. See the XKLS:0335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carlo Rino Group Bhd Business Description

Address Jalan Cerdas, No. 160, L2-05, 2nd Floor, Ikon Connaught, Taman Connaught, Wilayah Persekutuan, Kuala Lumpur, MYS, 56000
Carlo Rino Group Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the business of designing, promoting, marketing, distributing, and retailing women's handbags, footwear, and accessories. Its product portfolio comprises sunglasses, perfumes, wallets, shoes, bags, keychains, hats, and other accessories, which are marketed under the Carlo Rino brand. The group is also involved in property development and property investment; investment holdings of securities; and provision of management services. Its reportable segments are: Retailing, which derives maximum revenue, and Investment and management services. The business activities of the group are predominantly located in Malaysia.
60GF Score

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

RM0.19
Price
RM0.28
GF Value