ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. BetMakers Technology Group's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-6.89 Mil.
BetMakers Technology Group's average Total Assets over the quarter that ended in Dec. 2025 was A$133.67 Mil. Therefore, BetMakers Technology Group's annualized ROA % for the quarter that ended in Dec. 2025 was -5.16%.
The historical rank and industry rank for BetMakers Technology Group's ROA % or its related term are showing as below:
ASX:BET'
s ROA % Range Over the Past 10 Years
Min: -58.56 Med: -20.32 Max: -4.57
Current: -9.53
During the past 10 years, BetMakers Technology Group's highest ROA % was -4.57%. The lowest was -58.56%. And the median was -20.32%.
ASX:BET's ROA % is ranked worse than 90.21% of 858
companies
in the Travel & Leisure industry
Industry Median: 2.375
vs ASX:BET: -9.53
BetMakers Technology Group (ASX:BET) 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.
* 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 Gambling subindustry, BetMakers Technology Group'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.
BetMakers Technology Group ROA % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, BetMakers Technology Group's ROA % distribution charts can be found below:
* The bar in red indicates where BetMakers Technology Group'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.
BetMakers Technology Group (ASX:BET) has a ROA % of -5.16% 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 BetMakers Technology Group and its competitors. According to the industry distribution chart, BetMakers Technology Group ranks #774 out of 858 companies in the Travel & Leisure industry, placing it in the top 90.2%.
Is BetMakers Technology Group's ROA % too high?
BetMakers Technology Group's current ROA % is -5.16%. Based on the distribution chart, BetMakers Technology Group ranks #774 out of 858 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, BetMakers Technology Group has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BetMakers Technology Group's ROA % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, BetMakers Technology Group ranks #774 out of 858 companies for ROA %. This places BetMakers Technology Group in the lower half of its industry. The industry median ROA % is 2.38. 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 Travel & Leisure company?
The median ROA % among Travel & Leisure companies is 2.38, based on 858 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. 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 BetMakers Technology Group and its competitors. For the Travel & Leisure industry, the median ROA % is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BetMakers Technology Group's current ROA % is -5.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BetMakers Technology Group stock overvalued right now?
Based on GuruFocus' analysis, BetMakers Technology Group (ASX:BET) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.10, compared to a current price of A$0.16 — trading 60% above its estimated fair value. The current ROA % is -5.16%. BetMakers Technology Group's overall GF Score™ is 57/100 with 5 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 BetMakers Technology Group (ASX:BET), the current ROA % is -5.16% 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 BetMakers Technology Group (ASX:BET) Overvalued in 2026?
Based on GuruFocus' analysis, BetMakers Technology Group stock appears to be overvalued.
The current stock price of A$0.16 is trading 60% above its estimated GF Value™ of A$0.10.
GuruFocus considers BetMakers Technology Group to be Significantly Overvalued.
Key valuation signals for ASX:BET:
ROA %: -5.16%
GF Value™: A$0.10 vs. price of A$0.16 (60% above fair value)
No single metric tells the full story. See the ASX:BET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BetMakers Technology Group Ltd engages in the development and provision of software, data, and analytic products for the B2B wagering market and the production and distribution of racing content. The firm operates in two segments: Global betting services and Global Tote. The Global betting services segment provides customers with a variety of racing software, data, and analytical tools. This includes basic race data such as pricing, runners, and form, as well as analytical tools to consume and leverage the data, and wagering tools such as platforms and managed trading services. The Global Tote segment, which derives maximum revenue, includes the provision of tote software and integrations to facilitate tote liquidity and resulting.
57GF Score
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