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CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) 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 four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
CIA de Ferro Ligas da Bahia - Ferbasa ROA % Related Terms
CIA de Ferro Ligas da Bahia - Ferbasa ROA % Historical 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.
For the Steel subindustry, CIA de Ferro Ligas da Bahia - Ferbasa'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.
CIA de Ferro Ligas da Bahia - Ferbasa ROA % vs Steel Industry
* 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 (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) has a ROA % of 0.41% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on CIA de Ferro Ligas da Bahia - Ferbasa and its competitors. This is 95% below median its historical median of 8.77. Over the past decade, CIA de Ferro Ligas da Bahia - Ferbasa's ROA % has ranged from 2.51 to 28.46. According to the industry distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #255 out of 633 companies in the Steel industry, placing it in the top 40.3%.
Is CIA de Ferro Ligas da Bahia - Ferbasa's ROA % too high?
CIA de Ferro Ligas da Bahia - Ferbasa's current ROA % of 0.41% is 95% below median its 10-year median of 8.77. Over the past 10 years, this metric has ranged from a low of 2.51 to a high of 28.46. The Steel industry median ROA % is 2.38. CIA de Ferro Ligas da Bahia - Ferbasa's value of 0.41% is 82.8% below this industry median. Based on the distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #255 out of 633 companies in the Steel industry, which is above the industry midpoint. Overall, CIA de Ferro Ligas da Bahia - Ferbasa has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIA de Ferro Ligas da Bahia - Ferbasa's ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #255 out of 633 companies for ROA %. This puts CIA de Ferro Ligas da Bahia - Ferbasa in the upper half of its industry. The industry median ROA % is 2.38. CIA de Ferro Ligas da Bahia - Ferbasa's value of 0.41% is 82.8% below this benchmark. Historically, CIA de Ferro Ligas da Bahia - Ferbasa's own ROA % has ranged from 2.51 to 28.46 over the past decade. While the company's 10-year median is 8.77 vs. the industry median of 2.38, CIA de Ferro Ligas da Bahia - Ferbasa 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 Steel company?
The median ROA % among Steel companies is 2.38, based on 633 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. CIA de Ferro Ligas da Bahia - Ferbasa's current ROA % of 0.41% is 82.8% 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 CIA de Ferro Ligas da Bahia - Ferbasa and its competitors. For the Steel industry, the median ROA % is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIA de Ferro Ligas da Bahia - Ferbasa's current ROA % is 0.41%, which is 95% below median its own 10-year median of 8.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA de Ferro Ligas da Bahia - Ferbasa stock overvalued right now?
Based on GuruFocus' analysis, CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$12.47, compared to a current price of R$9.70 — trading 22.2% below its estimated fair value. The current ROA % is 0.41%, which is 95% below median its 10-year median of 8.77 and 82.8% below the Steel industry median of 2.38. CIA de Ferro Ligas da Bahia - Ferbasa's overall GF Score™ is 61/100 with 8 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 CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3), the current ROA % is 0.41% as of Jun. 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 CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) Overvalued in 2026?
Based on GuruFocus' analysis, CIA de Ferro Ligas da Bahia - Ferbasa stock appears to be undervalued.
The current stock price of R$9.70 is trading 22.2% below its estimated GF Value™ of R$12.47.
GuruFocus considers CIA de Ferro Ligas da Bahia - Ferbasa to be Modestly Undervalued.
Key valuation signals for BSP:FESA3:
ROA %: 0.41% (95% below median its 10-year median of 8.77)
GF Value™: R$12.47 vs. price of R$9.70 (22.2% below fair value)
Industry Position: 82.8% below the Steel median (#255 of 633)
No single metric tells the full story. See the BSP:FESA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIA de Ferro Ligas da Bahia - Ferbasa produces ferroalloys, including chromium alloys and silicon ferroalloys. It operates in the areas of mining, reforestation, and metallurgy, offering high-carbon ferrochrome, low-carbon ferrochrome, and ferrosilicon. It also engages in the mining, forestry, metallurgy businesses.
61GF Score
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