Heineken Malaysia BhdXKLS:3255 -0.51%92 ROA % is 32.21% as of Mar. 2026, which is 4% above its 10-year median of 30.97. GuruFocus rates XKLS:3255 with a GF Score™ of 92/100 and a GF Value™ of RM23.81 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 214 Beverages - Alcoholic companies, Heineken Malaysia Bhd ranks better than 98.6% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Heineken Malaysia Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM418 Mil.
Heineken Malaysia Bhd's average Total Assets over the quarter that ended in Mar. 2026 was RM1,297 Mil. Therefore, Heineken Malaysia Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 32.21%.
The historical rank and industry rank for Heineken Malaysia Bhd's ROA % or its related term are showing as below:
XKLS:3255'
s ROA % Range Over the Past 10 Years
Min: 14.37 Med: 30.97 Max: 36.93
Current: 35.06
During the past 13 years, Heineken Malaysia Bhd's highest ROA % was 36.93%. The lowest was 14.37%. And the median was 30.97%.
XKLS:3255's ROA % is ranked better than 98.6% of 214
companies
in the Beverages - Alcoholic industry
Industry Median: 2.94
vs XKLS:3255: 35.06
Heineken Malaysia Bhd (XKLS:3255) 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.
* 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 Beverages - Brewers subindustry, Heineken Malaysia 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.
Heineken Malaysia Bhd ROA % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken Malaysia Bhd's ROA % distribution charts can be found below:
* The bar in red indicates where Heineken Malaysia 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.
Heineken Malaysia Bhd (XKLS:3255) has a ROA % of 32.21% 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 Heineken Malaysia Bhd and its competitors. This is near median its historical median of 30.97. Over the past decade, Heineken Malaysia Bhd's ROA % has ranged from 14.37 to 36.93. According to the industry distribution chart, Heineken Malaysia Bhd ranks #3 out of 214 companies in the Beverages - Alcoholic industry, placing it in the top 1.4%.
Is Heineken Malaysia Bhd's ROA % too high?
Heineken Malaysia Bhd's current ROA % of 32.21% is near median its 10-year median of 30.97. Over the past 10 years, this metric has ranged from a low of 14.37 to a high of 36.93. The Beverages - Alcoholic industry median ROA % is 2.94. Heineken Malaysia Bhd's value of 32.21% is 995.6% above this industry median. Based on the distribution chart, Heineken Malaysia Bhd ranks #3 out of 214 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Heineken Malaysia Bhd has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heineken Malaysia Bhd's ROA % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Heineken Malaysia Bhd ranks #3 out of 214 companies for ROA %. This places Heineken Malaysia Bhd in the top 1% of its industry — outperforming the majority of peers. The industry median ROA % is 2.94. Heineken Malaysia Bhd's value of 32.21% is 995.6% above this benchmark. Historically, Heineken Malaysia Bhd's own ROA % has ranged from 14.37 to 36.93 over the past decade. While the company's 10-year median is 30.97 vs. the industry median of 2.94, Heineken Malaysia 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 Beverages - Alcoholic company?
The median ROA % among Beverages - Alcoholic companies is 2.94, based on 214 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. Heineken Malaysia Bhd's current ROA % of 32.21% is 995.6% 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 Heineken Malaysia Bhd and its competitors. For the Beverages - Alcoholic industry, the median ROA % is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heineken Malaysia Bhd's current ROA % is 32.21%, which is near median its own 10-year median of 30.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heineken Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Heineken Malaysia Bhd (XKLS:3255) is currently considered Modestly Undervalued. The stock's GF Value™ is RM23.81, compared to a current price of RM19.36 — trading 18.7% below its estimated fair value. The current ROA % is 32.21%, which is near median its 10-year median of 30.97 and 995.6% above the Beverages - Alcoholic industry median of 2.94. Heineken Malaysia Bhd's overall GF Score™ is 92/100 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 Heineken Malaysia Bhd (XKLS:3255), the current ROA % is 32.21% 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 Heineken Malaysia Bhd (XKLS:3255) Overvalued in 2026?
Based on GuruFocus' analysis, Heineken Malaysia Bhd stock appears to be undervalued.
The current stock price of RM19.36 is trading 18.7% below its estimated GF Value™ of RM23.81.
GuruFocus considers Heineken Malaysia Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:3255:
ROA %: 32.21% (near median its 10-year median of 30.97)
GF Value™: RM23.81 vs. price of RM19.36 (18.7% below fair value)
Industry Position: 995.6% above the Beverages - Alcoholic median (#3 of 214)
No single metric tells the full story. See the XKLS:3255 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heineken Malaysia Bhd is engaged in the production, packaging, marketing, and distribution of beverages, mainly alcoholic. The portfolio of the company includes various brands such as The World-acclaimed iconic Asian beer - Tiger Beer, The crystal-cold filtered beer - Tiger Crystal, The New Zealand-inspired cider - Apple Fox Cider, Edelweiss, infused with juicy peach flavour, The premium Irish ale - Kilkenny, The real shandy - Anglia, and others.
92GF Score
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