ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Viva Energy Group's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-451 Mil.
Viva Energy Group's average Total Assets over the quarter that ended in Dec. 2025 was A$12,522 Mil. Therefore, Viva Energy Group's annualized ROA % for the quarter that ended in Dec. 2025 was -3.60%.
The historical rank and industry rank for Viva Energy Group's ROA % or its related term are showing as below:
ASX:VEA'
s ROA % Range Over the Past 10 Years
Min: -3.42 Med: 0.76 Max: 11.23
Current: -3.4
During the past 8 years, Viva Energy Group's highest ROA % was 11.23%. The lowest was -3.42%. And the median was 0.76%.
ASX:VEA's ROA % is ranked worse than 70.24% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.89
vs ASX:VEA: -3.40
Viva Energy Group (ASX:VEA) 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.
Viva Energy Group ROA % Related Terms
Viva Energy Group ROA % Historical Data
* Premium members only.
The historical data trend for Viva Energy Group'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 Oil & Gas Refining & Marketing subindustry, Viva Energy 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.
Viva Energy Group ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Viva Energy Group's ROA % distribution charts can be found below:
* The bar in red indicates where Viva Energy 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.
Viva Energy Group (ASX:VEA) has a ROA % of -3.60% 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 Viva Energy Group and its competitors. According to the industry distribution chart, Viva Energy Group ranks #720 out of 1025 companies in the Oil & Gas industry, placing it in the top 70.2%.
Is Viva Energy Group's ROA % too high?
Viva Energy Group's current ROA % is -3.60%. Based on the distribution chart, Viva Energy Group ranks #720 out of 1025 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Viva Energy Group has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viva Energy Group's ROA % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Viva Energy Group ranks #720 out of 1025 companies for ROA %. This places Viva Energy Group in the lower half of its industry. The industry median ROA % is 1.89. 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 Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.89, based on 1,025 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 Viva Energy Group and its competitors. For the Oil & Gas industry, the median ROA % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viva Energy Group's current ROA % is -3.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viva Energy Group stock overvalued right now?
Based on GuruFocus' analysis, Viva Energy Group (ASX:VEA) is currently considered Significantly Undervalued. The stock's GF Value™ is A$3.23, compared to a current price of A$2.02 — trading 37.5% below its estimated fair value. The current ROA % is -3.60%. Viva Energy Group's overall GF Score™ is 69/100 with 7 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 Viva Energy Group (ASX:VEA), the current ROA % is -3.60% 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 Viva Energy Group (ASX:VEA) Overvalued in 2026?
Based on GuruFocus' analysis, Viva Energy Group stock appears to be undervalued.
The current stock price of A$2.02 is trading 37.5% below its estimated GF Value™ of A$3.23.
GuruFocus considers Viva Energy Group to be Significantly Undervalued.
Key valuation signals for ASX:VEA:
ROA %: -3.60%
GF Value™: A$3.23 vs. price of A$2.02 (37.5% below fair value)
No single metric tells the full story. See the ASX:VEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viva is Australia's second-largest vertically integrated refined transport fuel supplier. We rate Viva as the second-most-significant pipeline owner, and at approximately 1,155 locations, Viva supplies the third-largest number of retail sites in Australia behind Ampol at approximately 1,985 and BP at 1,400.Vitol bought Shell's Australian downstream operations in 2014, and renamed them Viva Energy. Viva subsequently bought Shell's Australian aviation operations and a 50% investment in Liberty Oil. In 2016, Viva sold (and leased back) a portfolio of its retail sites to Viva Energy REIT and listed Viva Energy REIT on the ASX. It has since sold its entire REIT stake for AUD 734 million.Viva acquired OTR Group in 2014 for AUD 1.2 billion bringing over 200 South Australian stores.
69GF Score
Get the complete analysis for ASX:VEA
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:VEA has been successfully added to your 
