MI Technovation BhdXKLS:5286 -1.88%83 ROA % is 9.38% as of Mar. 2026, which is 6% below its 10-year median of 9.97. GuruFocus rates XKLS:5286 with a GF Score™ of 83/100 and a GF Value™ of RM3.38 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,028 Semiconductors companies, MI Technovation Bhd ranks better than 76.56% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. MI Technovation Bhd's annualizedNet Income for the quarter that ended in Mar. 2026 was RM123.9 Mil.
MI Technovation Bhd's average Total Assets over the quarter that ended in Mar. 2026 was RM1,321.0 Mil. Therefore, MI Technovation Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 9.38%.
The historical rank and industry rank for MI Technovation Bhd's ROA % or its related term are showing as below:
XKLS:5286'
s ROA % Range Over the Past 10 Years
Min: 4.48 Med: 9.97 Max: 48.33
Current: 8.46
During the past 11 years, MI Technovation Bhd's highest ROA % was 48.33%. The lowest was 4.48%. And the median was 9.97%.
XKLS:5286's ROA % is ranked better than 76.56% of 1028
companies
in the Semiconductors industry
Industry Median: 2.45
vs XKLS:5286: 8.46
MI Technovation Bhd (XKLS:5286) 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.
MI Technovation Bhd ROA % Related Terms
MI Technovation Bhd ROA % Historical Data
* Premium members only.
The historical data trend for MI Technovation 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 Semiconductor Equipment & Materials subindustry, MI Technovation 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.
MI Technovation Bhd ROA % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, MI Technovation Bhd's ROA % distribution charts can be found below:
* The bar in red indicates where MI Technovation 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.
MI Technovation Bhd (XKLS:5286) has a ROA % of 9.38% 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 MI Technovation Bhd and its competitors. This is near median its historical median of 9.97. Over the past decade, MI Technovation Bhd's ROA % has ranged from 4.48 to 48.33. According to the industry distribution chart, MI Technovation Bhd ranks #241 out of 1028 companies in the Semiconductors industry, placing it in the top 23.4%.
Is MI Technovation Bhd's ROA % too high?
MI Technovation Bhd's current ROA % of 9.38% is near median its 10-year median of 9.97. Over the past 10 years, this metric has ranged from a low of 4.48 to a high of 48.33. The Semiconductors industry median ROA % is 2.45. MI Technovation Bhd's value of 9.38% is 282.9% above this industry median. Based on the distribution chart, MI Technovation Bhd ranks #241 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, MI Technovation Bhd has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MI Technovation Bhd's ROA % compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, MI Technovation Bhd ranks #241 out of 1028 companies for ROA %. This places MI Technovation Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median ROA % is 2.45. MI Technovation Bhd's value of 9.38% is 282.9% above this benchmark. Historically, MI Technovation Bhd's own ROA % has ranged from 4.48 to 48.33 over the past decade. While the company's 10-year median is 9.97 vs. the industry median of 2.45, MI Technovation 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 Semiconductors company?
The median ROA % among Semiconductors companies is 2.45, based on 1,028 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. MI Technovation Bhd's current ROA % of 9.38% is 282.9% 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 MI Technovation Bhd and its competitors. For the Semiconductors industry, the median ROA % is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MI Technovation Bhd's current ROA % is 9.38%, which is near median its own 10-year median of 9.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MI Technovation Bhd stock overvalued right now?
Based on GuruFocus' analysis, MI Technovation Bhd (XKLS:5286) is currently considered Significantly Overvalued. The stock's GF Value™ is RM3.38, compared to a current price of RM4.70 — trading 39.1% above its estimated fair value. The current ROA % is 9.38%, which is near median its 10-year median of 9.97 and 282.9% above the Semiconductors industry median of 2.45. MI Technovation Bhd's overall GF Score™ is 83/100 with 8 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 MI Technovation Bhd (XKLS:5286), the current ROA % is 9.38% 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 MI Technovation Bhd (XKLS:5286) Overvalued in 2026?
Based on GuruFocus' analysis, MI Technovation Bhd stock appears to be overvalued.
The current stock price of RM4.70 is trading 39.1% above its estimated GF Value™ of RM3.38.
GuruFocus considers MI Technovation Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:5286:
ROA %: 9.38% (near median its 10-year median of 9.97)
GF Value™: RM3.38 vs. price of RM4.70 (39.1% above fair value)
Industry Position: 282.9% above the Semiconductors median (#241 of 1028)
No single metric tells the full story. See the XKLS:5286 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MI Technovation Bhd is engaged in the design, development, manufacturing and sales of semiconductor manufacturing equipment, provision of maintenance services and technical support, manufacturing and sales of solder spheres, research and development, manufacturing, sales and marketing of specific process and application in assembly and packaging solutions to customer. Its segments include Semiconductor Equipment Business Unit, Semiconductor Equipment Business Unit, and Semiconductor Solutions Business Unit, and Others. The SEBU is involved in design, manufacturing and sales of semiconductor manufacturing equipment, coupled with integrated Artificial Intelligence (AI) technologies and smart factory automation solutions.
83GF Score
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