Evolution Energy MineralsASX:EV1 +25.00% ROA % is -32.75% as of Dec. 2025. The stock has 1 warning sign investors should review. Among 2,665 Metals & Mining companies, Evolution Energy Minerals ranks worse than 62.03% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Evolution Energy Minerals's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-1.91 Mil.
Evolution Energy Minerals's average Total Assets over the quarter that ended in Dec. 2025 was A$5.84 Mil. Therefore, Evolution Energy Minerals's annualized ROA % for the quarter that ended in Dec. 2025 was -32.75%.
The historical rank and industry rank for Evolution Energy Minerals's ROA % or its related term are showing as below:
ASX:EV1'
s ROA % Range Over the Past 10 Years
Min: -131.8 Med: -99.05 Max: -32.24
Current: -32.24
During the past 4 years, Evolution Energy Minerals's highest ROA % was -32.24%. The lowest was -131.80%. And the median was -99.05%.
ASX:EV1's ROA % is ranked worse than 62.03% of 2665
companies
in the Metals & Mining industry
Industry Median: -16.72
vs ASX:EV1: -32.24
Evolution Energy Minerals (ASX:EV1) 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.
Evolution Energy Minerals ROA % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Evolution Energy Minerals'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.
Evolution Energy Minerals ROA % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Evolution Energy Minerals's ROA % distribution charts can be found below:
* The bar in red indicates where Evolution Energy Minerals'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.
Evolution Energy Minerals (ASX:EV1) has a ROA % of -32.75% 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 Evolution Energy Minerals and its competitors. According to the industry distribution chart, Evolution Energy Minerals ranks #1653 out of 2665 companies in the Metals & Mining industry, placing it in the top 62%.
Is Evolution Energy Minerals' ROA % too high?
Evolution Energy Minerals' current ROA % is -32.75%. Based on the distribution chart, Evolution Energy Minerals ranks #1653 out of 2665 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Evolution Energy Minerals' ROA % compare to competitors?
According to the Metals & Mining industry distribution chart, Evolution Energy Minerals ranks #1653 out of 2665 companies for ROA %. This places Evolution Energy Minerals 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 Evolution Energy Minerals and its competitors. Evolution Energy Minerals's current ROA % is -32.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution Energy Minerals stock overvalued right now?
Evolution Energy Minerals (ASX:EV1) has a current ROA % of -32.75%. The current ROA % is -32.75%. 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 Evolution Energy Minerals (ASX:EV1), the current ROA % is -32.75% 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.
Evolution Energy Minerals Ltd provides exploration and mining services. It explores sustainable graphite products for the world-wide green economy. It also holds an interest in exploration and development of the Company's Chilalo Graphite Project in southern Tanzania (Chilalo Project).
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