Atlas ArteriaASX:ALX 75 ROA % is 4.77% as of Dec. 2025, which is 33% above its 10-year median of 3.60. GuruFocus rates ASX:ALX with a GF Score™ of 75/100 and a GF Value™ of A$5.86 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,782 Construction companies, Atlas Arteria ranks better than 53.7% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Atlas Arteria's annualizedNet Income for the quarter that ended in Dec. 2025 was A$372.4 Mil.
Atlas Arteria's average Total Assets over the quarter that ended in Dec. 2025 was A$7,806.6 Mil. Therefore, Atlas Arteria's annualized ROA % for the quarter that ended in Dec. 2025 was 4.77%.
The historical rank and industry rank for Atlas Arteria's ROA % or its related term are showing as below:
ASX:ALX'
s ROA % Range Over the Past 10 Years
Min: -1.02 Med: 3.6 Max: 21.75
Current: 3.26
During the past 13 years, Atlas Arteria's highest ROA % was 21.75%. The lowest was -1.02%. And the median was 3.60%.
ASX:ALX's ROA % is ranked better than 53.7% of 1782
companies
in the Construction industry
Industry Median: 2.79
vs ASX:ALX: 3.26
Atlas Arteria (ASX:ALX) 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 two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
Atlas Arteria ROA % Related Terms
Atlas Arteria ROA % Historical Data
* Premium members only.
The historical data trend for Atlas Arteria'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 Infrastructure Operations subindustry, Atlas Arteria'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.
Atlas Arteria ROA % vs Construction Industry
For the Construction industry and Industrials sector, Atlas Arteria's ROA % distribution charts can be found below:
* The bar in red indicates where Atlas Arteria'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 two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Atlas Arteria (ASX:ALX) has a ROA % of 4.77% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Atlas Arteria and its competitors. This is 33% above median its historical median of 3.60. According to the industry distribution chart, Atlas Arteria ranks #825 out of 1782 companies in the Construction industry, placing it in the top 46.3%.
Is Atlas Arteria's ROA % too high?
Atlas Arteria's current ROA % of 4.77% is 33% above median its 10-year median of 3.60. The Construction industry median ROA % is 2.79. Atlas Arteria's value of 4.77% is 71% above this industry median. Based on the distribution chart, Atlas Arteria ranks #825 out of 1782 companies in the Construction industry, which is above the industry midpoint. Overall, Atlas Arteria has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atlas Arteria's ROA % compare to competitors?
According to the Construction industry distribution chart, Atlas Arteria ranks #825 out of 1782 companies for ROA %. This puts Atlas Arteria in the upper half of its industry. The industry median ROA % is 2.79. Atlas Arteria's value of 4.77% is 71% above this benchmark. While the company's 10-year median is 3.60 vs. the industry median of 2.79, Atlas Arteria 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 Construction company?
The median ROA % among Construction companies is 2.79, based on 1,782 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. Atlas Arteria's current ROA % of 4.77% is 71% 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 Atlas Arteria and its competitors. For the Construction industry, the median ROA % is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Arteria's current ROA % is 4.77%, which is 33% above median its own 10-year median of 3.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Arteria stock overvalued right now?
Based on GuruFocus' analysis, Atlas Arteria (ASX:ALX) is currently considered Modestly Undervalued. The stock's GF Value™ is A$5.86, compared to a current price of A$5.10 — trading 13% below its estimated fair value. The current ROA % is 4.77%, which is 33% above median its 10-year median of 3.60 and 71% above the Construction industry median of 2.79. Atlas Arteria's overall GF Score™ is 75/100 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 Atlas Arteria (ASX:ALX), the current ROA % is 4.77% as of Dec. 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 Atlas Arteria (ASX:ALX) Overvalued in 2026?
Based on GuruFocus' analysis, Atlas Arteria stock appears to be undervalued.
The current stock price of A$5.10 is trading 13% below its estimated GF Value™ of A$5.86.
GuruFocus considers Atlas Arteria to be Modestly Undervalued.
Key valuation signals for ASX:ALX:
ROA %: 4.77% (33% above median its 10-year median of 3.60)
GF Value™: A$5.86 vs. price of A$5.10 (13% below fair value)
Industry Position: 71% above the Construction median (#825 of 1782)
No single metric tells the full story. See the ASX:ALX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atlas Arteria is a global toll-road investor created out of the reorganization of Macquarie Infrastructure Group in 2010. The firm's main asset is a 30.82% stake in APRR. APRR owns concessions to toll more than 2,300 kilometers of motorways in eastern France, most ending by late 2035. The firm also wholly owns the Dulles Greenway and 66.67% of the Chicago Skyway, both in the US.
75GF Score
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