ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. icapital biz Bhd's annualizedNet Income for the quarter that ended in Feb. 2026 was RM-1.11 Mil.
icapital biz Bhd's average Total Assets over the quarter that ended in Feb. 2026 was RM547.75 Mil. Therefore, icapital biz Bhd's annualized ROA % for the quarter that ended in Feb. 2026 was -0.20%.
The historical rank and industry rank for icapital biz Bhd's ROA % or its related term are showing as below:
XKLS:5108'
s ROA % Range Over the Past 10 Years
Min: -0.85 Med: 0.43 Max: 5.09
Current: 0.46
During the past 13 years, icapital biz Bhd's highest ROA % was 5.09%. The lowest was -0.85%. And the median was 0.43%.
XKLS:5108's ROA % is ranked worse than 70.89% of 1635
companies
in the Asset Management industry
Industry Median: 4.02
vs XKLS:5108: 0.46
icapital biz Bhd (XKLS:5108) 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 (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 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.
icapital biz Bhd ROA % Related Terms
icapital biz Bhd ROA % Historical Data
* Premium members only.
The historical data trend for icapital biz 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 Asset Management subindustry, icapital biz 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.
icapital biz Bhd ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, icapital biz Bhd's ROA % distribution charts can be found below:
* The bar in red indicates where icapital biz 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 (Feb. 2026) net income data.
ROA % is displayed in the 30-year financial page.
icapital biz Bhd (XKLS:5108) has a ROA % of -0.20% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on icapital biz Bhd and its competitors. According to the industry distribution chart, icapital biz Bhd ranks #1159 out of 1635 companies in the Asset Management industry, placing it in the top 70.9%.
Is icapital biz Bhd's ROA % too high?
icapital biz Bhd's current ROA % is -0.20%. Based on the distribution chart, icapital biz Bhd ranks #1159 out of 1635 companies in the Asset Management industry, which is below the industry midpoint. Overall, icapital biz Bhd has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does icapital biz Bhd's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, icapital biz Bhd ranks #1159 out of 1635 companies for ROA %. This places icapital biz Bhd in the lower half of its industry. The industry median ROA % is 4.02. 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 4.02, 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. 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 icapital biz Bhd and its competitors. For the Asset Management industry, the median ROA % is 4.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. icapital biz Bhd's current ROA % is -0.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is icapital biz Bhd stock overvalued right now?
Based on GuruFocus' analysis, icapital biz Bhd (XKLS:5108) is currently considered Fairly Valued. The stock's GF Value™ is RM2.24, compared to a current price of RM2.41 — trading 7.6% above its estimated fair value. The current ROA % is -0.20%. icapital biz Bhd's overall GF Score™ is 56/100 with 3 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 icapital biz Bhd (XKLS:5108), the current ROA % is -0.20% as of Feb. 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 icapital biz Bhd (XKLS:5108) Overvalued in 2026?
Based on GuruFocus' analysis, icapital biz Bhd stock appears to be overvalued.
The current stock price of RM2.41 is trading 7.6% above its estimated GF Value™ of RM2.24.
GuruFocus considers icapital biz Bhd to be Fairly Valued.
Key valuation signals for XKLS:5108:
ROA %: -0.20%
GF Value™: RM2.24 vs. price of RM2.41 (7.6% above fair value)
No single metric tells the full story. See the XKLS:5108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
icapital biz Bhd is a Malaysia-based closed-end fund engaged in investing in a diversified portfolio of quoted securities. The fund's main objective is long-term capital appreciation through value investing in undervalued companies listed on Bursa Malaysia's Main and ACE Markets. It can also invest in cash deposits and up to 10% of its assets in unlisted companies. The fund is managed by Capital Dynamics Asset Management Sdn. Bhd., with Capital Dynamics Sdn. Bhd. as the investment adviser. Revenue and returns are generated through strategic investment in equities and other asset classes, focusing on sustainable growth and capital gains. The company operates mainly as an investment fund rather than traditional business operations.
56GF Score
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