ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ophir High Conviction Fund's annualizedNet Income for the quarter that ended in Dec. 2025 was A$58.6 Mil.
Ophir High Conviction Fund's average Total Assets over the quarter that ended in Dec. 2025 was A$791.1 Mil. Therefore, Ophir High Conviction Fund's annualized ROA % for the quarter that ended in Dec. 2025 was 7.41%.
The historical rank and industry rank for Ophir High Conviction Fund's ROA % or its related term are showing as below:
ASX:OPH'
s ROA % Range Over the Past 10 Years
Min: -27.33 Med: 9.96 Max: 24.1
Current: 13.71
During the past 7 years, Ophir High Conviction Fund's highest ROA % was 24.10%. The lowest was -27.33%. And the median was 9.96%.
ASX:OPH's ROA % is ranked better than 80.21% of 1632
companies
in the Asset Management industry
Industry Median: 3.985
vs ASX:OPH: 13.71
Ophir High Conviction Fund (ASX:OPH) 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 Asset Management subindustry, Ophir High Conviction Fund'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.
Ophir High Conviction Fund ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ophir High Conviction Fund's ROA % distribution charts can be found below:
* The bar in red indicates where Ophir High Conviction Fund'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.
Ophir High Conviction Fund (ASX:OPH) has a ROA % of 7.41% 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 Ophir High Conviction Fund and its competitors. This is 26% below median its historical median of 9.96. According to the industry distribution chart, Ophir High Conviction Fund ranks #323 out of 1632 companies in the Asset Management industry, placing it in the top 19.8%.
Is Ophir High Conviction Fund's ROA % too high?
Ophir High Conviction Fund's current ROA % of 7.41% is 26% below median its 10-year median of 9.96. The Asset Management industry median ROA % is 3.99. Ophir High Conviction Fund's value of 7.41% is 85.9% above this industry median. Based on the distribution chart, Ophir High Conviction Fund ranks #323 out of 1632 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Ophir High Conviction Fund has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ophir High Conviction Fund's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, Ophir High Conviction Fund ranks #323 out of 1632 companies for ROA %. This places Ophir High Conviction Fund in the top 20% of its industry — outperforming the majority of peers. The industry median ROA % is 3.99. Ophir High Conviction Fund's value of 7.41% is 85.9% above this benchmark. While the company's 10-year median is 9.96 vs. the industry median of 3.99, Ophir High Conviction Fund 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 an Asset Management company?
The median ROA % among Asset Management companies is 3.99, based on 1,632 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. Ophir High Conviction Fund's current ROA % of 7.41% is 85.9% 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 Ophir High Conviction Fund and its competitors. For the Asset Management industry, the median ROA % is 3.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ophir High Conviction Fund's current ROA % is 7.41%, which is 26% below median its own 10-year median of 9.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ophir High Conviction Fund stock overvalued right now?
Based on GuruFocus' analysis, Ophir High Conviction Fund (ASX:OPH) is currently considered Fairly Valued. The stock's GF Value™ is A$2.72, compared to a current price of A$2.49 — trading 8.5% below its estimated fair value. The current ROA % is 7.41%, which is 26% below median its 10-year median of 9.96 and 85.9% above the Asset Management industry median of 3.99. Ophir High Conviction Fund's overall GF Score™ is 61/100 with 2 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 Ophir High Conviction Fund (ASX:OPH), the current ROA % is 7.41% 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 Ophir High Conviction Fund (ASX:OPH) Overvalued in 2026?
Based on GuruFocus' analysis, Ophir High Conviction Fund stock appears to be undervalued.
The current stock price of A$2.49 is trading 8.5% below its estimated GF Value™ of A$2.72.
GuruFocus considers Ophir High Conviction Fund to be Fairly Valued.
Key valuation signals for ASX:OPH:
ROA %: 7.41% (26% below median its 10-year median of 9.96)
GF Value™: A$2.72 vs. price of A$2.49 (8.5% below fair value)
Industry Position: 85.9% above the Asset Management median (#323 of 1632)
No single metric tells the full story. See the ASX:OPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ophir High Conviction Fund principally invests in a concentrated exposure to a high-quality portfolio of Australian listed companies outside the S&P/ASX50. The Fund has only one reportable segment. The Fund operates predominantly in Australia and is engaged solely in investment activities, deriving revenue from dividends and distribution income, interest income, and the sale of its investment portfolio.
61GF Score
Get the complete analysis for ASX:OPH
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:OPH has been successfully added to your 
