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 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.
* 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.
Virtus Artificial Intelligence & Technology Opportunities Fund ROA % Related Terms
Virtus Artificial Intelligence & Technology Opportunities Fund ROA % Historical 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.
Virtus Artificial Intelligence & Technology Opportunities Fund ROA % Chart
Virtus Artificial Intelligence & Technology Opportunities Fund Annual Data
* 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.
Virtus Artificial Intelligence & Technology Opportunities Fund ROA % vs Asset Management Industry
* 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 two times the semi-annual (Jan. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) has a ROA % of 21.00% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Virtus Artificial Intelligence & Technology Opportunities Fund and its competitors. This is 65% above median its historical median of 12.73. According to the industry distribution chart, Virtus Artificial Intelligence & Technology Opportunities Fund ranks #277 out of 1635 companies in the Asset Management industry, placing it in the top 16.9%.
Is Virtus Artificial Intelligence & Technology Opportunities Fund's ROA % too high?
Virtus Artificial Intelligence & Technology Opportunities Fund's current ROA % of 21.00% is 65% above median its 10-year median of 12.73. The Asset Management industry median ROA % is 3.97. Virtus Artificial Intelligence & Technology Opportunities Fund's value of 21.00% is 429% above this industry median. Based on the distribution chart, Virtus Artificial Intelligence & Technology Opportunities Fund ranks #277 out of 1635 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Virtus Artificial Intelligence & Technology Opportunities Fund has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Virtus Artificial Intelligence & Technology Opportunities Fund's ROA % compare to NRK and BCX?
According to the Asset Management industry distribution chart, Virtus Artificial Intelligence & Technology Opportunities Fund ranks #277 out of 1635 companies for ROA %. This places Virtus Artificial Intelligence & Technology Opportunities Fund in the top 17% of its industry — outperforming the majority of peers. The industry median ROA % is 3.97. Virtus Artificial Intelligence & Technology Opportunities Fund's value of 21.00% is 429% above this benchmark. While the company's 10-year median is 12.73 vs. the industry median of 3.97, Virtus Artificial Intelligence & Technology Opportunities Fund 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 an Asset Management company?
The median ROA % among Asset Management companies is 3.97, based on 1,635 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. Virtus Artificial Intelligence & Technology Opportunities Fund's current ROA % of 21.00% is 429% 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 Virtus Artificial Intelligence & Technology Opportunities Fund and its competitors. For the Asset Management industry, the median ROA % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virtus Artificial Intelligence & Technology Opportunities Fund's current ROA % is 21.00%, which is 65% above median its own 10-year median of 12.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtus Artificial Intelligence & Technology Opportunities Fund stock overvalued right now?
Based on GuruFocus' analysis, Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.97, compared to a current price of $27.89 — trading 12.8% below its estimated fair value. The current ROA % is 21.00%, which is 65% above median its 10-year median of 12.73 and 429% above the Asset Management industry median of 3.97. Virtus Artificial Intelligence & Technology Opportunities Fund's overall GF Score™ is 55/100 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 Virtus Artificial Intelligence & Technology Opportunities Fund (AIO), the current ROA % is 21.00% 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.
Is Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) Overvalued in 2026?
Based on GuruFocus' analysis, Virtus Artificial Intelligence & Technology Opportunities Fund stock appears to be undervalued.
The current stock price of $27.89 is trading 12.8% below its estimated GF Value™ of $31.97.
GuruFocus considers Virtus Artificial Intelligence & Technology Opportunities Fund to be Modestly Undervalued.
Key valuation signals for AIO:
ROA %: 21.00% (65% above median its 10-year median of 12.73)
GF Value™: $31.97 vs. price of $27.89 (12.8% below fair value)
Industry Position: 429% above the Asset Management median (#277 of 1635)
No single metric tells the full story. See the AIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Virtus Artificial Intelligence & Technology Opportunities Fund Business Description
Virtus Artificial Intelligence & Technology Opportunities Fund is a diversified, limited-term, closed-end management investment company. Its investment objective is to provide total return through a combination of current income, current gains, and long-term capital appreciation.
55GF Score
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