Adamas TrustADAM +2.76%51 ROA % is 1.53% as of Mar. 2026, which is 101% above its 10-year median of 0.76. GuruFocus rates ADAM with a GF Score™ of 51/100 and a GF Value™ of $10.59 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 938 REITs companies, Adamas Trust ranks worse than 68.23% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Adamas Trust's annualizedNet Income for the quarter that ended in Mar. 2026 was $194.4 Mil.
Adamas Trust's average Total Assets over the quarter that ended in Mar. 2026 was $12,714.6 Mil. Therefore, Adamas Trust's annualized ROA % for the quarter that ended in Mar. 2026 was 1.53%.
The historical rank and industry rank for Adamas Trust's ROA % or its related term are showing as below:
ADAM'
s ROA % Range Over the Past 10 Years
Min: -5.02 Med: 0.76 Max: 3.75
Current: 1.33
During the past 13 years, Adamas Trust's highest ROA % was 3.75%. The lowest was -5.02%. And the median was 0.76%.
ADAM's ROA % is ranked worse than 68.23% of 938
companies
in the REITs industry
Industry Median: 3.23
vs ADAM: 1.33
Adamas Trust (NAS:ADAM) 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.
Adamas Trust ROA % Related Terms
Adamas Trust ROA % Historical Data
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The historical data trend for Adamas Trust'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 REIT - Mortgage subindustry, Adamas Trust'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.
Adamas Trust ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Adamas Trust's ROA % distribution charts can be found below:
* The bar in red indicates where Adamas Trust'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.
Adamas Trust (ADAM) has a ROA % of 1.53% 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 Adamas Trust and its competitors. This is 101% above median its historical median of 0.76. According to the industry distribution chart, Adamas Trust ranks #640 out of 938 companies in the REITs industry, placing it in the top 68.2%.
Is Adamas Trust's ROA % too high?
Adamas Trust's current ROA % of 1.53% is 101% above median its 10-year median of 0.76. The REITs industry median ROA % is 3.23. Adamas Trust's value of 1.53% is 52.6% below this industry median. Based on the distribution chart, Adamas Trust ranks #640 out of 938 companies in the REITs industry, which is below the industry midpoint. Overall, Adamas Trust has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adamas Trust's ROA % compare to BRSP and PMT?
According to the REITs industry distribution chart, Adamas Trust ranks #640 out of 938 companies for ROA %. This places Adamas Trust in the lower half of its industry. The industry median ROA % is 3.23. Adamas Trust's value of 1.53% is 52.6% below this benchmark. While the company's 10-year median is 0.76 vs. the industry median of 3.23, Adamas Trust has consistently been below 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 REITs company?
The median ROA % among REITs companies is 3.23, based on 938 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. Adamas Trust's current ROA % of 1.53% is 52.6% below 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 Adamas Trust and its competitors. For the REITs industry, the median ROA % is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adamas Trust's current ROA % is 1.53%, which is 101% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adamas Trust stock overvalued right now?
Based on GuruFocus' analysis, Adamas Trust (ADAM) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.59, compared to a current price of $9.33 — trading 11.9% below its estimated fair value. The current ROA % is 1.53%, which is 101% above median its 10-year median of 0.76 and 52.6% below the REITs industry median of 3.23. Adamas Trust's overall GF Score™ is 51/100 with 6 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 Adamas Trust (ADAM), the current ROA % is 1.53% 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 Adamas Trust (ADAM) Overvalued in 2026?
Based on GuruFocus' analysis, Adamas Trust stock appears to be undervalued.
The current stock price of $9.33 is trading 11.9% below its estimated GF Value™ of $10.59.
GuruFocus considers Adamas Trust to be Modestly Undervalued.
Key valuation signals for ADAM:
ROA %: 1.53% (101% above median its 10-year median of 0.76)
GF Value™: $10.59 vs. price of $9.33 (11.9% below fair value)
Industry Position: 52.6% below the REITs median (#640 of 938)
No single metric tells the full story. See the ADAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adamas Trust Inc is an internally-managed REIT for U.S. federal income tax purposes, in the business of acquiring, investing in, financing, and managing mainly mortgage-related single-family and multi-family residential assets. Its objective is to deliver long-term stable distributions to its stockholders over changing economic conditions through a combination of net interest spread and capital gains from a diversified investment portfolio. The company's investment portfolio includes credit-sensitive single-family and multi-family assets.
51GF Score
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