BASA (Basanite) ROA %: -535.92% (As of Sep. 2025)


What is Basanite ROA %?

Basanite BASA +80.46% ROA % is -535.92% as of Sep. 2025. The stock has 5 warning signs investors should review. Among 412 Building Materials companies, Basanite ranks worse than 99.76% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Basanite's annualized Net Income for the quarter that ended in Sep. 2025 was $-0.83 Mil. Basanite's average Total Assets over the quarter that ended in Sep. 2025 was $0.15 Mil. Therefore, Basanite's annualized ROA % for the quarter that ended in Sep. 2025 was -535.92%.

The historical rank and industry rank for Basanite's ROA % or its related term are showing as below:

BASA' s ROA % Range Over the Past 10 Years
Min: -1116.15   Med: -283.6   Max: -133.21
Current: -1116.15

During the past 13 years, Basanite's highest ROA % was -133.21%. The lowest was -1116.15%. And the median was -283.60%.

BASA's ROA % is ranked worse than
99.76% of 412 companies
in the Building Materials industry
Industry Median: 2.345 vs BASA: -1116.15

Basanite  (OTCPK:BASA) 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 bank’s 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:

ROA %(Q: Sep. 2025 )
=Net Income/Total Assets
=-0.828/0.1545
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.828 / 0.008)*(0.008 / 0.1545)
=Net Margin %*Asset Turnover
=-10350 %*0.0518
=-535.92 %

Note: The Net Income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Basanite ROA % Related Terms


Basanite ROA % Historical Data

* Premium members only.

The historical data trend for Basanite'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.

Basanite ROA % Chart

Basanite Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -133.21 -408.93 -162.22 -294.30 -421.19

Basanite Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -456.10 -1,064.46 -931.56 -1,974.24 -535.92

BASA vs CAPS, RETO, CRH: ROA % Comparison

For the Building Materials subindustry, Basanite'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.


Basanite ROA % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Basanite's ROA % distribution charts can be found below:

* The bar in red indicates where Basanite's ROA % falls into.



Basanite ROA % Calculation

Basanite's annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:

ROA %=Net Income (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=-1.729/( (0.555+0.266)/ 2 )
=-1.729/0.4105
=-421.19 %

Basanite's annualized ROA % for the quarter that ended in Sep. 2025 is calculated as:

ROA %=Net Income (Q: Sep. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=-0.828/( (0.184+0.125)/ 2 )
=-0.828/0.1545
=-535.92 %

* 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 four times the quarterly (Sep. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -535.92% mean?
Basanite (BASA) has a ROA % of -535.92% as of Sep. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Basanite and its competitors. According to the industry distribution chart, Basanite ranks #411 out of 412 companies in the Building Materials industry, placing it in the top 99.8%.
Is Basanite's ROA % too high?
Basanite's current ROA % is -535.92%. Based on the distribution chart, Basanite ranks #411 out of 412 companies in the Building Materials industry, which is in the bottom quartile relative to peers.
How does Basanite's ROA % compare to CAPS and RETO?
According to the Building Materials industry distribution chart, Basanite ranks #411 out of 412 companies for ROA %. This places Basanite in the lower half of its industry. The industry median ROA % is 2.35. 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 Building Materials company?
The median ROA % among Building Materials companies is 2.35, based on 412 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 Basanite and its competitors. For the Building Materials industry, the median ROA % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Basanite's current ROA % is -535.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Basanite stock overvalued right now?
Based on GuruFocus' analysis, Basanite (BASA) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.02 — trading 57% above its estimated fair value. The current ROA % is -535.92%. 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 Basanite (BASA), the current ROA % is -535.92% as of Sep. 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.

Basanite Business Description

Address 2041 NW 15th Avenue, Pompano Beach, FL, USA, 33069
Basanite Inc is engaged in manufacturing a range of green (environmentally friendly), sustainable, non-corrosive, lightweight, composite products used in concrete reinforcement by the construction industry. It produces basalt fiber-reinforced polymer reinforcing bar (known as rebar) which is a stronger, lighter, sustainable, non-conductive, and corrosion-proof alternative to traditional steel. The company's product includes BasaFlex; BasaMix and BasaMesh.