Antares Metals (ASX:AM5) ROA %: -74.11% (As of Dec. 2025)


What is Antares Metals ROA %?

Antares Metals ASX:AM5 ROA % is -74.11% as of Dec. 2025. The stock has 1 warning sign investors should review. Among 2,665 Metals & Mining companies, Antares Metals ranks worse than 74% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Antares Metals's annualized Net Income for the quarter that ended in Dec. 2025 was A$-2.72 Mil. Antares Metals's average Total Assets over the quarter that ended in Dec. 2025 was A$3.67 Mil. Therefore, Antares Metals's annualized ROA % for the quarter that ended in Dec. 2025 was -74.11%.

The historical rank and industry rank for Antares Metals's ROA % or its related term are showing as below:

ASX:AM5' s ROA % Range Over the Past 10 Years
Min: -149.91   Med: -59.07   Max: -13.15
Current: -59.67

During the past 4 years, Antares Metals's highest ROA % was -13.15%. The lowest was -149.91%. And the median was -59.07%.

ASX:AM5's ROA % is ranked worse than
74% of 2665 companies
in the Metals & Mining industry
Industry Median: -16.72 vs ASX:AM5: -59.67

Antares Metals  (ASX:AM5) 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 bank’s 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:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-2.72/3.67
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.72 / 0)*(0 / 3.67)
=Net Margin %*Asset Turnover
=N/A %*0
=-74.11 %

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.


Antares Metals ROA % Related Terms


Antares Metals ROA % Historical Data

* Premium members only.

The historical data trend for Antares Metals'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.

Antares Metals ROA % Chart

Antares Metals Annual Data
Trend Jun22 Jun23 Jun24 Jun25
ROA %
-13.15 -13.73 -149.91 -104.41

Antares Metals Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only -89.17 -190.17 -133.09 -50.49 -74.11

Antares Metals ROA % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Antares Metals'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.


Antares Metals ROA % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Antares Metals's ROA % distribution charts can be found below:

* The bar in red indicates where Antares Metals's ROA % falls into.



Antares Metals ROA % Calculation

Antares Metals's annualized ROA % for the fiscal year that ended in Jun. 2025 is calculated as:

ROA %=Net Income (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=-4.566/( (4.875+3.871)/ 2 )
=-4.566/4.373
=-104.41 %

Antares Metals's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-2.72/( (3.871+3.469)/ 2 )
=-2.72/3.67
=-74.11 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -74.11% mean?
Antares Metals (ASX:AM5) has a ROA % of -74.11% 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 Antares Metals and its competitors. According to the industry distribution chart, Antares Metals ranks #1972 out of 2665 companies in the Metals & Mining industry, placing it in the top 74%.
Is Antares Metals' ROA % too high?
Antares Metals' current ROA % is -74.11%. Based on the distribution chart, Antares Metals ranks #1972 out of 2665 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Antares Metals' ROA % compare to competitors?
According to the Metals & Mining industry distribution chart, Antares Metals ranks #1972 out of 2665 companies for ROA %. This places Antares Metals in the lower half of its industry. 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 Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. However, ROA % 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 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 Antares Metals and its competitors. Antares Metals's current ROA % is -74.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antares Metals stock overvalued right now?
Antares Metals (ASX:AM5) has a current ROA % of -74.11%. The current ROA % is -74.11%. 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 Antares Metals (ASX:AM5), the current ROA % is -74.11% 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.

Antares Metals Business Description

Address 43 Ventnor Avenue, Level 1, West Perth, WA, AUS, 6005
Antares Metals Ltd is a multi-commodity, Australian-focused explorer with two district-scale exploration hubs located adjacent to established mine and processing infrastructure. The Company uses modern exploration methods and models to develop cost-effective exploration programs focused on discovery. Its projects include the Mt Isa North Copper-Uranium Project and the Carlingup Lithium-Nickel Project.