ASASF (Asia Standard International Group) ROC %: 3.99% (As of Sep. 2025)


ASASF Asia Standard International Group Ltd ASASF
43 GF Score
Price $0.03
GF Value $0.19
! 4 Warning Signs
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What is Asia Standard International Group ROC %?

Asia Standard International Group ASASF 43 ROC % is 3.99% as of Sep. 2025. GuruFocus rates ASASF with a GF Score™ of 43/100 and a GF Value™ of $0.19. The stock has 4 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Asia Standard International Group's annualized return on capital (ROC %) for the quarter that ended in Sep. 2025 was 3.99%.

As of today (2026-06-26), Asia Standard International Group's WACC % is 4.11%. Asia Standard International Group's ROC % is -4.11% (calculated using TTM income statement data). Asia Standard International Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Asia Standard International Group  (OTCPK:ASASF) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Asia Standard International Group's WACC % is 4.11%. Asia Standard International Group's ROC % is -4.11% (calculated using TTM income statement data). Asia Standard International Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of 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.


Asia Standard International Group ROC % Related Terms


Asia Standard International Group ROC % Historical Data

* Premium members only.

The historical data trend for Asia Standard International Group's ROC % 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.

Asia Standard International Group ROC % Chart

Asia Standard International Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.30 -2.00 -0.10 -15.20 -4.09

Asia Standard International Group Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
ROC % 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 -4.17 -26.00 3.51 -11.71 3.99
ASASF
43GF Score
Asia Standard International Group Ltd ASASF
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Standard International Group ROC % Calculation

Asia Standard International Group's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2025 is calculated as:

ROC % (A: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2024 ) + Invested Capital (A: Mar. 2025 ))/ count )
=-154.87 * ( 1 - 0% )/( (3832.784 + 3738.043)/ 2 )
=-154.87/3785.4135
=-4.09 %

where

Invested Capital(A: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4364.649 - 117.432 - ( 414.433 - max(0, 923.971 - 1374.379+414.433))
=3832.784

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3978.784 - 62.154 - ( 258.072 - max(0, 1053.24 - 1231.827+258.072))
=3738.043

Asia Standard International Group's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=142.478 * ( 1 - 0% )/( (3738.043 + 3407.829)/ 2 )
=142.478/3572.936
=3.99 %

where

Invested Capital(Q: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3978.784 - 62.154 - ( 258.072 - max(0, 1053.24 - 1231.827+258.072))
=3738.043

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3515.828 - 91.395 - ( 439.091 - max(0, 999.157 - 1015.761+439.091))
=3407.829

Note: The Operating Income data used here is two times the semi-annual (Sep. 2025) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 3.99% mean?
Asia Standard International Group (ASASF) has a ROC % of 3.99% as of Sep. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Asia Standard International Group and its competitors.
Is Asia Standard International Group's ROC % too high?
Asia Standard International Group's current ROC % is 3.99%. The Asset Management industry median ROC % is 1.21. Asia Standard International Group's value of 3.99% is 229.8% above this industry median. Overall, Asia Standard International Group has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Asia Standard International Group's ROC % compare to BLK and BX?
Asia Standard International Group's ROC % of 3.99% can be compared against companies in the Asset Management industry. The industry median ROC % is 1.21. Asia Standard International Group's value of 3.99% is 229.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Asset Management company?
The median ROC % among Asset Management companies is 1.21, based on 709 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asia Standard International Group's current ROC % of 3.99% is 229.8% 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Asia Standard International Group and its competitors. For the Asset Management industry, the median ROC % is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Standard International Group's current ROC % is 3.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Standard International Group stock overvalued right now?
Asia Standard International Group (ASASF) has a current ROC % of 3.99%. The stock's GF Value™ is $0.19, compared to a current price of $0.03 — trading 84.8% below its estimated fair value. The current ROC % is 3.99% and 229.8% above the Asset Management industry median of 1.21. Asia Standard International Group's overall GF Score™ is 43/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Asia Standard International Group (ASASF), the current ROC % is 3.99% as of Sep. 2025. 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 Asia Standard International Group (ASASF) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Standard International Group stock appears to be undervalued. The current stock price of $0.03 is trading 84.8% below its estimated GF Value™ of $0.19.

Key valuation signals for ASASF:

  • ROC %: 3.99%
  • GF Value™: $0.19 vs. price of $0.03 (84.8% below fair value)
  • GF Score™: 43/100 with 4 warning signs
  • Industry Position: 229.8% above the Asset Management median

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


Asia Standard International Group Business Description

Other Exchanges 00129:Hong KongBDL1:Germany
Address 33 Lockhart Road, 30th Floor, YF Life Tower, Wanchai, Hong Kong, HKG
Asia Standard International Group Ltd is an investment holding company. The company is principally engaged in developing and investing properties in location in Hong Kong, first-tier cities in China and Vancouver, Canada, and has established a well diversified business model across four main operating segments - property sales, property leasing, hotel operation and financial investments. The majority of its revenue is derived from the Financial Investments segment.
43GF Score

Get the complete analysis for ASASF

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

$0.03
Price
$0.19
GF Value