Itmax System Bhd (XKLS:5309) ROA %: 15.93% (As of Mar. 2026) — Near Median


XKLS:5309 Itmax System Bhd XKLS:5309
98 GF Score
Price RM4.84
GF Value RM4.69
Valuation Fairly Valued
! 5 Warning Signs
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What is Itmax System Bhd ROA %?

Itmax System Bhd XKLS:5309 -1.22% 98 ROA % is 15.93% as of Mar. 2026, which is 4% above its 10-year median of 15.25. GuruFocus rates XKLS:5309 with a GF Score™ of 98/100 and a GF Value™ of RM4.69 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,096 Business Services companies, Itmax System Bhd ranks better than 94.07% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Itmax System Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM100.0 Mil. Itmax System Bhd's average Total Assets over the quarter that ended in Mar. 2026 was RM628.0 Mil. Therefore, Itmax System Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 15.93%.

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

XKLS:5309' s ROA % Range Over the Past 10 Years
Min: 2.21   Med: 15.25   Max: 21.45
Current: 17.15

During the past 7 years, Itmax System Bhd's highest ROA % was 21.45%. The lowest was 2.21%. And the median was 15.25%.

XKLS:5309's ROA % is ranked better than
94.07% of 1096 companies
in the Business Services industry
Industry Median: 3.455 vs XKLS:5309: 17.15

Itmax System Bhd  (XKLS:5309) 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
=100.048/627.9985
=(Net Income / Revenue)*(Revenue / Total Assets)
=(100.048 / 263.428)*(263.428 / 627.9985)
=Net Margin %*Asset Turnover
=37.98 %*0.4195
=15.93 %

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.


Itmax System Bhd ROA % Related Terms


Itmax System Bhd ROA % Historical Data

* Premium members only.

The historical data trend for Itmax System 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.

Itmax System Bhd ROA % Chart

Itmax System Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial 21.45 14.63 15.25 17.04 16.59

Itmax System Bhd Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 15.83 17.70 18.63 16.62 15.93

XKLS:5309 vs ALLE, MSA, ADT: ROA % Comparison

For the Security & Protection Services subindustry, Itmax System 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.


Itmax System Bhd ROA % vs Business Services Industry

For the Business Services industry and Industrials sector, Itmax System Bhd's ROA % distribution charts can be found below:

* The bar in red indicates where Itmax System Bhd's ROA % falls into.


XKLS:5309
98GF Score
Itmax System Bhd XKLS:5309
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Itmax System Bhd ROA % Calculation

Itmax System Bhd's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=93.395/( (505.763+620.396)/ 2 )
=93.395/563.0795
=16.59 %

Itmax System 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 )
=100.048/( (620.396+635.601)/ 2 )
=100.048/627.9985
=15.93 %

* 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 15.93% mean?
Itmax System Bhd (XKLS:5309) has a ROA % of 15.93% 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 Itmax System Bhd and its competitors. This is near median its historical median of 15.25. Over the past decade, Itmax System Bhd's ROA % has ranged from 2.21 to 21.45. According to the industry distribution chart, Itmax System Bhd ranks #65 out of 1096 companies in the Business Services industry, placing it in the top 5.9%.
Is Itmax System Bhd's ROA % too high?
Itmax System Bhd's current ROA % of 15.93% is near median its 10-year median of 15.25. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 21.45. The Business Services industry median ROA % is 3.46. Itmax System Bhd's value of 15.93% is 361.1% above this industry median. Based on the distribution chart, Itmax System Bhd ranks #65 out of 1096 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Itmax System Bhd has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Itmax System Bhd's ROA % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Itmax System Bhd ranks #65 out of 1096 companies for ROA %. This places Itmax System Bhd in the top 6% of its industry — outperforming the majority of peers. The industry median ROA % is 3.46. Itmax System Bhd's value of 15.93% is 361.1% above this benchmark. Historically, Itmax System Bhd's own ROA % has ranged from 2.21 to 21.45 over the past decade. While the company's 10-year median is 15.25 vs. the industry median of 3.46, Itmax System 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 Business Services company?
The median ROA % among Business Services companies is 3.46, based on 1,096 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. Itmax System Bhd's current ROA % of 15.93% is 361.1% 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 Itmax System Bhd and its competitors. For the Business Services industry, the median ROA % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itmax System Bhd's current ROA % is 15.93%, which is near median its own 10-year median of 15.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itmax System Bhd stock overvalued right now?
Based on GuruFocus' analysis, Itmax System Bhd (XKLS:5309) is currently considered Fairly Valued. The stock's GF Value™ is RM4.69, compared to a current price of RM4.84 — trading 3.2% above its estimated fair value. The current ROA % is 15.93%, which is near median its 10-year median of 15.25 and 361.1% above the Business Services industry median of 3.46. Itmax System Bhd's overall GF Score™ is 98/100 with 5 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 Itmax System Bhd (XKLS:5309), the current ROA % is 15.93% 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 Itmax System Bhd (XKLS:5309) Overvalued in 2026?

Based on GuruFocus' analysis, Itmax System Bhd stock appears to be overvalued. The current stock price of RM4.84 is trading 3.2% above its estimated GF Value™ of RM4.69. GuruFocus considers Itmax System Bhd to be Fairly Valued.

Key valuation signals for XKLS:5309:

  • ROA %: 15.93% (near median its 10-year median of 15.25)
  • GF Value™: RM4.69 vs. price of RM4.84 (3.2% above fair value)
  • GF Score™: 98/100 with 5 warning signs
  • Industry Position: 361.1% above the Business Services median (#65 of 1096)

No single metric tells the full story. See the XKLS:5309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Itmax System Bhd Business Description

Address Jalan Radin Bagus 3, No. 30-G & 30-3, Seri Petaling, Wilayah Persekutuan, Kuala Lumpur, MYS, 57000
Itmax System Bhd is principally engaged in the business of supplying, installing, and providing public space networked systems and investment holding. The company develops networking solutions for smart video surveillance, smart parking, smart traffic management, smart street lighting and communication networks. Geographically, the company operates only in Malaysia.
98GF Score

Get the complete analysis for XKLS:5309

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

RM4.84
Price
RM4.69
GF Value