Pan Merchant BhdXKLS:0361 -4.65%15 ROA % is -11.63% as of Mar. 2026. GuruFocus rates XKLS:0361 with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 3,070 Industrial Products companies, Pan Merchant Bhd ranks worse than 73.84% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Pan Merchant Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM-20.5 Mil.
Pan Merchant Bhd's average Total Assets over the quarter that ended in Mar. 2026 was RM176.2 Mil. Therefore, Pan Merchant Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was -11.63%.
The historical rank and industry rank for Pan Merchant Bhd's ROA % or its related term are showing as below:
XKLS:0361'
s ROA % Range Over the Past 10 Years
Min: -0.22 Med: 7.96 Max: 14.05
Current: -0.22
During the past 5 years, Pan Merchant Bhd's highest ROA % was 14.05%. The lowest was -0.22%. And the median was 7.96%.
XKLS:0361's ROA % is ranked worse than 73.84% of 3070
companies
in the Industrial Products industry
Industry Median: 3.045
vs XKLS:0361: -0.22
Pan Merchant Bhd (XKLS:0361) 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.
Pan Merchant Bhd ROA % Related Terms
Pan Merchant Bhd ROA % Historical Data
* Premium members only.
The historical data trend for Pan Merchant 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 Industrial Machinery subindustry, Pan Merchant 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.
Pan Merchant Bhd ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pan Merchant Bhd's ROA % distribution charts can be found below:
* The bar in red indicates where Pan Merchant 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.
Pan Merchant Bhd (XKLS:0361) has a ROA % of -11.63% 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 Pan Merchant Bhd and its competitors. According to the industry distribution chart, Pan Merchant Bhd ranks #2267 out of 3070 companies in the Industrial Products industry, placing it in the top 73.8%.
Is Pan Merchant Bhd's ROA % too high?
Pan Merchant Bhd's current ROA % is -11.63%. Based on the distribution chart, Pan Merchant Bhd ranks #2267 out of 3070 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Pan Merchant Bhd has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Pan Merchant Bhd's ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Pan Merchant Bhd ranks #2267 out of 3070 companies for ROA %. This places Pan Merchant Bhd in the lower half of its industry. The industry median ROA % is 3.05. 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 Industrial Products company?
The median ROA % among Industrial Products companies is 3.05, based on 3,070 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. 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 Pan Merchant Bhd and its competitors. For the Industrial Products industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Merchant Bhd's current ROA % is -11.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Merchant Bhd stock overvalued right now?
Pan Merchant Bhd (XKLS:0361) has a current ROA % of -11.63%. The current ROA % is -11.63%. Pan Merchant Bhd's overall GF Score™ is 15/100 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 Pan Merchant Bhd (XKLS:0361), the current ROA % is -11.63% 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.
Pan Merchant Bhd is a homegrown solid-liquid filtration solutions provider by revenue, with a track record of designing, manufacturing, assembling, delivering, and commissioning filters. It leverages its in-house design and process engineering expertise to supply customised filtration solutions for large-scale and complex projects, in compliance with specific customer requirements and international standards. It is involved in the business of a solutions provider of solid-liquid filtration equipment, fabrication of steelworks, and technical support services in Malaysia. Its segments are: namely, Filtration Solutions, Steel Works, and Technical Support Services, with the Filtration Solutions segment generating the maximum revenue. The Group generates maximum revenue from Europe.
15GF Score
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