A-Smart Holdings (FRA:IOTA) ROE %: -2.16% (As of Jan. 2026)


What is A-Smart Holdings ROE %?

A-Smart Holdings FRA:IOTA +3.51% ROE % is -2.16% as of Jan. 2026. The stock has 6 warning signs investors should review. Among 1,058 Business Services companies, A-Smart Holdings ranks worse than 79.87% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. A-Smart Holdings's annualized net income for the quarter that ended in Jan. 2026 was €-0.36 Mil. A-Smart Holdings's average Total Stockholders Equity over the quarter that ended in Jan. 2026 was €16.88 Mil. Therefore, A-Smart Holdings's annualized ROE % for the quarter that ended in Jan. 2026 was -2.16%.

The historical rank and industry rank for A-Smart Holdings's ROE % or its related term are showing as below:

FRA:IOTA' s ROE % Range Over the Past 10 Years
Min: -421.31   Med: -4.55   Max: 3.38
Current: -4.12

During the past 13 years, A-Smart Holdings's highest ROE % was 3.38%. The lowest was -421.31%. And the median was -4.55%.

FRA:IOTA's ROE % is ranked worse than
79.87% of 1058 companies
in the Business Services industry
Industry Median: 8.095 vs FRA:IOTA: -4.12

A-Smart Holdings  (FRA:IOTA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=-0.364/16.88
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.364 / 4.71)*(4.71 / 25.9305)*(25.9305 / 16.88)
=Net Margin %*Asset Turnover*Equity Multiplier
=-7.73 %*0.1816*1.5362
=ROA %*Equity Multiplier
=-1.4 %*1.5362
=-2.16 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=-0.364/16.88
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.364 / -0.384) * (-0.384 / -0.552) * (-0.552 / 4.71) * (4.71 / 25.9305) * (25.9305 / 16.88)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9479 * 0.6957 * -11.72 % * 0.1816 * 1.5362
=-2.16 %

Note: The net income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


A-Smart Holdings ROE % Related Terms


A-Smart Holdings ROE % Historical Data

* Premium members only.

The historical data trend for A-Smart Holdings's ROE % 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.

A-Smart Holdings ROE % Chart

A-Smart Holdings Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.32 -7.59 0.64 -3.91 -4.70

A-Smart Holdings Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
ROE % 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 -8.02 -1.26 -3.50 -5.84 -2.16

FRA:IOTA vs CTAS, CPRT, GPN: ROE % Comparison

For the Specialty Business Services subindustry, A-Smart Holdings's ROE %, along with its competitors' market caps and ROE % 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.


A-Smart Holdings ROE % vs Business Services Industry

For the Business Services industry and Industrials sector, A-Smart Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where A-Smart Holdings's ROE % falls into.



A-Smart Holdings ROE % Calculation

A-Smart Holdings's annualized ROE % for the fiscal year that ended in Jul. 2025 is calculated as

ROE %=Net Income (A: Jul. 2025 )/( (Total Stockholders Equity (A: Jul. 2024 )+Total Stockholders Equity (A: Jul. 2025 ))/ count )
=-0.849/( (18.956+17.19)/ 2 )
=-0.849/18.073
=-4.70 %

A-Smart Holdings's annualized ROE % for the quarter that ended in Jan. 2026 is calculated as

ROE %=Net Income (Q: Jan. 2026 )/( (Total Stockholders Equity (Q: Jul. 2025 )+Total Stockholders Equity (Q: Jan. 2026 ))/ count )
=-0.364/( (17.19+16.57)/ 2 )
=-0.364/16.88
=-2.16 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Jan. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -2.16% mean?
A-Smart Holdings (FRA:IOTA) has a ROE % of -2.16% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on A-Smart Holdings and its competitors. According to the industry distribution chart, A-Smart Holdings ranks #845 out of 1058 companies in the Business Services industry, placing it in the top 79.9%.
Is A-Smart Holdings' ROE % too high?
A-Smart Holdings' current ROE % is -2.16%. Based on the distribution chart, A-Smart Holdings ranks #845 out of 1058 companies in the Business Services industry, which is in the bottom quartile relative to peers.
How does A-Smart Holdings' ROE % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, A-Smart Holdings ranks #845 out of 1058 companies for ROE %. This places A-Smart Holdings in the lower half of its industry. The industry median ROE % is 8.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Business Services company?
The median ROE % among Business Services companies is 8.10, based on 1,058 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on A-Smart Holdings and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A-Smart Holdings's current ROE % is -2.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A-Smart Holdings stock overvalued right now?
Based on GuruFocus' analysis, A-Smart Holdings (FRA:IOTA) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.04, compared to a current price of €0.06 — trading 47.5% above its estimated fair value. The current ROE % is -2.16%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For A-Smart Holdings (FRA:IOTA), the current ROE % is -2.16% as of Jan. 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.

A-Smart Holdings Business Description

Other Exchanges BQC:Singapore
Address 61 Tai Seng Avenue, No. 03-03, Print Media Hub at Paya Lebar iPark, Singapore, SGP, 534167
A-Smart Holdings Ltd is an investment holding company operating through segments that include Print and media, covering printing of financial and corporate publications such as reports, prospectuses, brochures, magazines, and other commercial materials, along with events management. The Property segment is involved in property development, while Smart Technologies focuses on developing, selling, and redistributing smart IT solutions, gadgets, software, and hardware products. The Corporate and others segment includes corporate office functions, shared services, and long-term investments in non-quoted equities. The majority of its revenue comes from Print and media, and it derives revenue from Singapore.