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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sandon Capital Investments's annualizedNet Income for the quarter that ended in Dec. 2025 was A$8.48 Mil.
Sandon Capital Investments's average Total Assets over the quarter that ended in Dec. 2025 was A$180.21 Mil. Therefore, Sandon Capital Investments's annualized ROA % for the quarter that ended in Dec. 2025 was 4.70%.
The historical rank and industry rank for Sandon Capital Investments's ROA % or its related term are showing as below:
ASX:SNC'
s ROA % Range Over the Past 10 Years
Min: -15.64 Med: 4.17 Max: 20.92
Current: 6.88
During the past 12 years, Sandon Capital Investments's highest ROA % was 20.92%. The lowest was -15.64%. And the median was 4.17%.
ASX:SNC's ROA % is ranked better than 63.24% of 1635
companies
in the Asset Management industry
Industry Median: 4.07
vs ASX:SNC: 6.88
Sandon Capital Investments (ASX:SNC) 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, Sandon Capital Investments'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.
Sandon Capital Investments ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Sandon Capital Investments's ROA % distribution charts can be found below:
* The bar in red indicates where Sandon Capital Investments'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.
Sandon Capital Investments (ASX:SNC) has a ROA % of 4.70% 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 Sandon Capital Investments and its competitors. This is 13% above median its historical median of 4.17. According to the industry distribution chart, Sandon Capital Investments ranks #601 out of 1635 companies in the Asset Management industry, placing it in the top 36.8%.
Is Sandon Capital Investments' ROA % too high?
Sandon Capital Investments' current ROA % of 4.70% is 13% above median its 10-year median of 4.17. The Asset Management industry median ROA % is 4.07. Sandon Capital Investments' value of 4.70% is 15.5% above this industry median. Based on the distribution chart, Sandon Capital Investments ranks #601 out of 1635 companies in the Asset Management industry, which is above the industry midpoint. Overall, Sandon Capital Investments has a GF Score™ of 29/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sandon Capital Investments' ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, Sandon Capital Investments ranks #601 out of 1635 companies for ROA %. This puts Sandon Capital Investments in the upper half of its industry. The industry median ROA % is 4.07. Sandon Capital Investments' value of 4.70% is 15.5% above this benchmark. While the company's 10-year median is 4.17 vs. the industry median of 4.07, Sandon Capital Investments 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 4.07, based on 1,635 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. Sandon Capital Investments's current ROA % of 4.70% is 15.5% 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 Sandon Capital Investments and its competitors. For the Asset Management industry, the median ROA % is 4.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sandon Capital Investments's current ROA % is 4.70%, which is 13% above median its own 10-year median of 4.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandon Capital Investments stock overvalued right now?
Based on GuruFocus' analysis, Sandon Capital Investments (ASX:SNC) is currently considered Fairly Valued. The stock's GF Value™ is A$0.71, compared to a current price of A$0.70 — trading 1.4% below its estimated fair value. The current ROA % is 4.70%, which is 13% above median its 10-year median of 4.17 and 15.5% above the Asset Management industry median of 4.07. Sandon Capital Investments' overall GF Score™ is 29/100 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 Sandon Capital Investments (ASX:SNC), the current ROA % is 4.70% 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 Sandon Capital Investments (ASX:SNC) Overvalued in 2026?
Based on GuruFocus' analysis, Sandon Capital Investments stock appears to be undervalued.
The current stock price of A$0.70 is trading 1.4% below its estimated GF Value™ of A$0.71.
GuruFocus considers Sandon Capital Investments to be Fairly Valued.
Key valuation signals for ASX:SNC:
ROA %: 4.70% (13% above median its 10-year median of 4.17)
GF Value™: A$0.71 vs. price of A$0.70 (1.4% below fair value)
Industry Position: 15.5% above the Asset Management median (#601 of 1635)
No single metric tells the full story. See the ASX:SNC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sandon Capital Investments Ltd is an investment company. Its investment objectives are to preserve shareholder capital, deliver a positive absolute return over the medium term. and to provide shareholders with a growing stream of fully franked dividends. The company engages in investing activities, including cash, term deposits, equity, and debt instruments, and focuses on investing in small to medium-sized companies.
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