Frontier EnergyASX:FHE +4.00%36 ROA % is -11.47% as of Dec. 2025. GuruFocus rates ASX:FHE with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 449 Utilities - Independent Power Producers companies, Frontier Energy ranks worse than 83.52% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Frontier Energy's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-9.91 Mil.
Frontier Energy's average Total Assets over the quarter that ended in Dec. 2025 was A$86.43 Mil. Therefore, Frontier Energy's annualized ROA % for the quarter that ended in Dec. 2025 was -11.47%.
The historical rank and industry rank for Frontier Energy's ROA % or its related term are showing as below:
ASX:FHE'
s ROA % Range Over the Past 10 Years
Min: -461.9 Med: -27.81 Max: 3.19
Current: -6.05
During the past 13 years, Frontier Energy's highest ROA % was 3.19%. The lowest was -461.90%. And the median was -27.81%.
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.
Frontier Energy ROA % Related Terms
Frontier Energy ROA % Historical Data
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The historical data trend for Frontier Energy'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 Utilities - Renewable subindustry, Frontier Energy'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.
Frontier Energy ROA % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Frontier Energy's ROA % distribution charts can be found below:
* The bar in red indicates where Frontier Energy'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.
Frontier Energy (ASX:FHE) has a ROA % of -11.47% 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 Frontier Energy and its competitors. According to the industry distribution chart, Frontier Energy ranks #375 out of 449 companies in the Utilities - Independent Power Producers industry, placing it in the top 83.5%.
Is Frontier Energy's ROA % too high?
Frontier Energy's current ROA % is -11.47%. Based on the distribution chart, Frontier Energy ranks #375 out of 449 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Frontier Energy has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Frontier Energy's ROA % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Frontier Energy ranks #375 out of 449 companies for ROA %. This places Frontier Energy in the lower half of its industry. The industry median ROA % is 1.20. 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 Utilities - Independent Power Producers company?
The median ROA % among Utilities - Independent Power Producers companies is 1.20, based on 449 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 Frontier Energy and its competitors. For the Utilities - Independent Power Producers industry, the median ROA % is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Energy's current ROA % is -11.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Energy stock overvalued right now?
Frontier Energy (ASX:FHE) has a current ROA % of -11.47%. The current ROA % is -11.47%. Frontier Energy's overall GF Score™ is 36/100 with 1 warning sign 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 Frontier Energy (ASX:FHE), the current ROA % is -11.47% 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.
Frontier Energy Ltd is a renewable energy company whose principal activity is the development of a large-scale integrated renewable energy facility and is involved in mineral exploration. Its project include the Waroona Renewable Energy Project and Bristol Springs Project located in Australia and the Superior Lake Zinc and Copper project in Canada.
36GF Score
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