Black Cat SyndicateBLCAF 12 ROA % is 17.53% as of Dec. 2025. GuruFocus rates BLCAF with a GF Score™ of 12/100. The stock has 5 warning signs investors should review. Among 2,665 Metals & Mining companies, Black Cat Syndicate ranks better than 83.86% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Black Cat Syndicate's annualizedNet Income for the quarter that ended in Dec. 2025 was $46.0 Mil.
Black Cat Syndicate's average Total Assets over the quarter that ended in Dec. 2025 was $262.2 Mil. Therefore, Black Cat Syndicate's annualized ROA % for the quarter that ended in Dec. 2025 was 17.53%.
The historical rank and industry rank for Black Cat Syndicate's ROA % or its related term are showing as below:
BLCAF'
s ROA % Range Over the Past 10 Years
Min: -17.1 Med: -8.71 Max: 5.28
Current: 5.28
During the past 8 years, Black Cat Syndicate's highest ROA % was 5.28%. The lowest was -17.10%. And the median was -8.71%.
BLCAF's ROA % is ranked better than 83.86% of 2665
companies
in the Metals & Mining industry
Industry Median: -16.72
vs BLCAF: 5.28
Black Cat Syndicate (OTCPK:BLCAF) 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.
Black Cat Syndicate ROA % Related Terms
Black Cat Syndicate ROA % Historical Data
* Premium members only.
The historical data trend for Black Cat Syndicate'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 Gold subindustry, Black Cat Syndicate'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.
Black Cat Syndicate ROA % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Black Cat Syndicate's ROA % distribution charts can be found below:
* The bar in red indicates where Black Cat Syndicate'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.
Black Cat Syndicate (BLCAF) has a ROA % of 17.53% 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 Black Cat Syndicate and its competitors. According to the industry distribution chart, Black Cat Syndicate ranks #430 out of 2665 companies in the Metals & Mining industry, placing it in the top 16.1%.
Is Black Cat Syndicate's ROA % too high?
Black Cat Syndicate's current ROA % is 17.53%. Based on the distribution chart, Black Cat Syndicate ranks #430 out of 2665 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Black Cat Syndicate has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Black Cat Syndicate's ROA % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Black Cat Syndicate ranks #430 out of 2665 companies for ROA %. This places Black Cat Syndicate in the top 16% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. 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 Black Cat Syndicate and its competitors. Black Cat Syndicate's current ROA % is 17.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Cat Syndicate stock overvalued right now?
Black Cat Syndicate (BLCAF) has a current ROA % of 17.53%. The current ROA % is 17.53%. Black Cat Syndicate's overall GF Score™ is 12/100 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 Black Cat Syndicate (BLCAF), the current ROA % is 17.53% 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.
Black Cat Syndicate Ltd is a mining company. It focuses on the exploration and development of the goldfield project. The Group has identified four reportable segments of its business namely total operations: mining and processing of gold, Mine development, Exploration: exploration and evaluation of gold mineralisation and Other: corporate expenditures supporting the business. The company is engaged in the exploration and development of the Bulong Gold Field project located to the east of Kalgoorlie. The company's project includes Kal East Gold project, Coyote Gold Operation, Paulsens Gold Operation.
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