Itausa Investimentos ITAUBSP:ITSA3 -0.74%75 ROA % is 15.63% as of Mar. 2026, which is 8% above its 10-year median of 14.52. GuruFocus rates BSP:ITSA3 with a GF Score™ of 75/100 and a GF Value™ of R$10.23 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 569 Conglomerates companies, Itausa Investimentos ITAU ranks better than 96.31% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Itausa Investimentos ITAU's annualizedNet Income for the quarter that ended in Mar. 2026 was R$17,640 Mil.
Itausa Investimentos ITAU's average Total Assets over the quarter that ended in Mar. 2026 was R$112,845 Mil. Therefore, Itausa Investimentos ITAU's annualized ROA % for the quarter that ended in Mar. 2026 was 15.63%.
The historical rank and industry rank for Itausa Investimentos ITAU's ROA % or its related term are showing as below:
BSP:ITSA3'
s ROA % Range Over the Past 10 Years
Min: 10.07 Med: 14.52 Max: 15.45
Current: 15.06
During the past 13 years, Itausa Investimentos ITAU's highest ROA % was 15.45%. The lowest was 10.07%. And the median was 14.52%.
BSP:ITSA3's ROA % is ranked better than 96.31% of 569
companies
in the Conglomerates industry
Industry Median: 2.49
vs BSP:ITSA3: 15.06
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 (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.
* 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 Conglomerates subindustry, Itausa Investimentos ITAU'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.
Itausa Investimentos ITAU ROA % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Itausa Investimentos ITAU's ROA % distribution charts can be found below:
* The bar in red indicates where Itausa Investimentos ITAU'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 four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Itausa Investimentos ITAU (BSP:ITSA3) has a ROA % of 15.63% 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 Itausa Investimentos ITAU and its competitors. This is near median its historical median of 14.52. Over the past decade, Itausa Investimentos ITAU's ROA % has ranged from 10.07 to 15.45. According to the industry distribution chart, Itausa Investimentos ITAU ranks #21 out of 569 companies in the Conglomerates industry, placing it in the top 3.7%.
Is Itausa Investimentos ITAU's ROA % too high?
Itausa Investimentos ITAU's current ROA % of 15.63% is near median its 10-year median of 14.52. Over the past 10 years, this metric has ranged from a low of 10.07 to a high of 15.45. The Conglomerates industry median ROA % is 2.49. Itausa Investimentos ITAU's value of 15.63% is 527.7% above this industry median. Based on the distribution chart, Itausa Investimentos ITAU ranks #21 out of 569 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Itausa Investimentos ITAU has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Itausa Investimentos ITAU's ROA % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Itausa Investimentos ITAU ranks #21 out of 569 companies for ROA %. This places Itausa Investimentos ITAU in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 2.49. Itausa Investimentos ITAU's value of 15.63% is 527.7% above this benchmark. Historically, Itausa Investimentos ITAU's own ROA % has ranged from 10.07 to 15.45 over the past decade. While the company's 10-year median is 14.52 vs. the industry median of 2.49, Itausa Investimentos ITAU has consistently been above 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 Conglomerates company?
The median ROA % among Conglomerates companies is 2.49, based on 569 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. Itausa Investimentos ITAU's current ROA % of 15.63% is 527.7% above 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 Itausa Investimentos ITAU and its competitors. For the Conglomerates industry, the median ROA % is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itausa Investimentos ITAU's current ROA % is 15.63%, which is near median its own 10-year median of 14.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itausa Investimentos ITAU stock overvalued right now?
Based on GuruFocus' analysis, Itausa Investimentos ITAU (BSP:ITSA3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$10.23, compared to a current price of R$13.50 — trading 32% above its estimated fair value. The current ROA % is 15.63%, which is near median its 10-year median of 14.52 and 527.7% above the Conglomerates industry median of 2.49. Itausa Investimentos ITAU's overall GF Score™ is 75/100 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 Itausa Investimentos ITAU (BSP:ITSA3), the current ROA % is 15.63% 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 Itausa Investimentos ITAU (BSP:ITSA3) Overvalued in 2026?
Based on GuruFocus' analysis, Itausa Investimentos ITAU stock appears to be overvalued.
The current stock price of R$13.50 is trading 32% above its estimated GF Value™ of R$10.23.
GuruFocus considers Itausa Investimentos ITAU to be Significantly Overvalued.
Key valuation signals for BSP:ITSA3:
ROA %: 15.63% (near median its 10-year median of 14.52)
GF Value™: R$10.23 vs. price of R$13.50 (32% above fair value)
Industry Position: 527.7% above the Conglomerates median (#21 of 569)
No single metric tells the full story. See the BSP:ITSA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Itausa Investimentos ITAU SA is a Brazilian investment holding company. The purpose of the company is to hold equity interests in other companies, in Brazil or abroad, for investment in any sectors of the economy, including through investment funds, disseminating among its investees its principles of appreciation of human capital, governance, and ethics in business. Its portfolio consists of brands such as Itau Unibanco, Motiva, Alpargatas, Aegea, Copa Energia, and Nova Transportadora do Sudeste (NTS). The majority of the revenue for the company is generated from Itau Unibanco, which is a banking institution that offers, directly or using its subsidiaries, a broad range of credit products and other financial services to a diversified individual & corporate client base in Brazil and abroad.
75GF Score
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