Azzas 2154 (BSP:AZZA3) ROA %: 1.01% (As of Mar. 2026) — 91% Below Median


BSP:AZZA3 Azzas 2154 SA BSP:AZZA3
76 GF Score
Price R$17.14
GF Value R$50.82
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is Azzas 2154 ROA %?

Azzas 2154 BSP:AZZA3 -1.15% 76 ROA % is 1.01% as of Mar. 2026, which is 91% below its 10-year median of 10.86. GuruFocus rates BSP:AZZA3 with a GF Score™ of 76/100 and a GF Value™ of R$50.82 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,063 Manufacturing - Apparel & Accessories companies, Azzas 2154 ranks better than 75.54% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Azzas 2154's annualized Net Income for the quarter that ended in Mar. 2026 was R$154 Mil. Azzas 2154's average Total Assets over the quarter that ended in Mar. 2026 was R$15,321 Mil. Therefore, Azzas 2154's annualized ROA % for the quarter that ended in Mar. 2026 was 1.01%.

The historical rank and industry rank for Azzas 2154's ROA % or its related term are showing as below:

BSP:AZZA3' s ROA % Range Over the Past 10 Years
Min: 2.29   Med: 10.86   Max: 15.79
Current: 5.4

During the past 13 years, Azzas 2154's highest ROA % was 15.79%. The lowest was 2.29%. And the median was 10.86%.

BSP:AZZA3's ROA % is ranked better than
75.54% of 1063 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.92 vs BSP:AZZA3: 5.40

Azzas 2154  (BSP:AZZA3) 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: Mar. 2026 )
=Net Income/Total Assets
=154.384/15321.2395
=(Net Income / Revenue)*(Revenue / Total Assets)
=(154.384 / 9918.092)*(9918.092 / 15321.2395)
=Net Margin %*Asset Turnover
=1.56 %*0.6473
=1.01 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Azzas 2154 ROA % Related Terms


Azzas 2154 ROA % Historical Data

* Premium members only.

The historical data trend for Azzas 2154'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.

Azzas 2154 ROA % Chart

Azzas 2154 Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.14 10.58 7.51 3.22 5.94

Azzas 2154 Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.08 13.94 4.25 2.35 1.01

BSP:AZZA3 vs NKE, DECK, ONON: ROA % Comparison

For the Footwear & Accessories subindustry, Azzas 2154'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.


Azzas 2154 ROA % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Azzas 2154's ROA % distribution charts can be found below:

* The bar in red indicates where Azzas 2154's ROA % falls into.


BSP:AZZA3
76GF Score
Azzas 2154 SA BSP:AZZA3
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azzas 2154 ROA % Calculation

Azzas 2154's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=911.249/( (15253.545+15448.601)/ 2 )
=911.249/15351.073
=5.94 %

Azzas 2154's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=154.384/( (15448.601+15193.878)/ 2 )
=154.384/15321.2395
=1.01 %

* 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 (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 1.01% mean?
Azzas 2154 (BSP:AZZA3) has a ROA % of 1.01% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Azzas 2154 and its competitors. This is 91% below median its historical median of 10.86. Over the past decade, Azzas 2154's ROA % has ranged from 2.29 to 15.79. According to the industry distribution chart, Azzas 2154 ranks #260 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 24.5%.
Is Azzas 2154's ROA % too high?
Azzas 2154's current ROA % of 1.01% is 91% below median its 10-year median of 10.86. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 15.79. The Manufacturing - Apparel & Accessories industry median ROA % is 1.92. Azzas 2154's value of 1.01% is 47.4% below this industry median. Based on the distribution chart, Azzas 2154 ranks #260 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Azzas 2154 has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Azzas 2154's ROA % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Azzas 2154 ranks #260 out of 1063 companies for ROA %. This places Azzas 2154 in the top 25% of its industry — outperforming the majority of peers. The industry median ROA % is 1.92. Azzas 2154's value of 1.01% is 47.4% below this benchmark. Historically, Azzas 2154's own ROA % has ranged from 2.29 to 15.79 over the past decade. While the company's 10-year median is 10.86 vs. the industry median of 1.92, Azzas 2154 has consistently been below 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 a Manufacturing - Apparel & Accessories company?
The median ROA % among Manufacturing - Apparel & Accessories companies is 1.92, based on 1,063 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. Azzas 2154's current ROA % of 1.01% is 47.4% below 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 Azzas 2154 and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azzas 2154's current ROA % is 1.01%, which is 91% below median its own 10-year median of 10.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azzas 2154 stock overvalued right now?
Based on GuruFocus' analysis, Azzas 2154 (BSP:AZZA3) is currently considered Possible Value Trap. The stock's GF Value™ is R$50.82, compared to a current price of R$17.14 — trading 66.3% below its estimated fair value. The current ROA % is 1.01%, which is 91% below median its 10-year median of 10.86 and 47.4% below the Manufacturing - Apparel & Accessories industry median of 1.92. Azzas 2154's overall GF Score™ is 76/100 with 10 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 Azzas 2154 (BSP:AZZA3), the current ROA % is 1.01% as of Mar. 2026. 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 Azzas 2154 (BSP:AZZA3) Overvalued in 2026?

Based on GuruFocus' analysis, Azzas 2154 stock appears to be undervalued. The current stock price of R$17.14 is trading 66.3% below its estimated GF Value™ of R$50.82. GuruFocus considers Azzas 2154 to be Possible Value Trap.

Key valuation signals for BSP:AZZA3:

  • ROA %: 1.01% (91% below median its 10-year median of 10.86)
  • GF Value™: R$50.82 vs. price of R$17.14 (66.3% below fair value)
  • GF Score™: 76/100 with 10 warning signs
  • Industry Position: 47.4% below the Manufacturing - Apparel & Accessories median (#260 of 1063)

No single metric tells the full story. See the BSP:AZZA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azzas 2154 Business Description

Address Rua Fernandes Tourinho, 147 - sala 402, Rooms 1301 and 130, Belo Horizonte, MG, BRA, 30112000
Azzas 2154 SA, along with its subsidiaries, is engaged in the manufacturing, development, modeling and retail and wholesale trade of footwear, handbags, accessories and clothing for the women's, men's and democratic markets, particularly the women's market. The company also operates an online sales channel that makes available products of the brands Arezzo, Schutz, Anacapri, Alexandre Birman, Vans, Vicenza, Farm Rio, Animale, NV, Cris Barros, Maria Filó, Carol Bassi, Fábula, Off Premium, Reserva, Oficina, Foxton, Reserva Mini, Reserva Go, Reserva Ink, Hering, Hering Kids, Hering Sports, Hering Shoes and Hering Intimates. The majority of the company's revenue is derived from the sales of its products.
76GF Score

Get the complete analysis for BSP:AZZA3

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$17.14
Price
R$50.82
GF Value