ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Refinaria De Petroleos Manguinhos's annualizedNet Income for the quarter that ended in Jun. 2025 was R$-2,057 Mil.
Refinaria De Petroleos Manguinhos's average Total Assets over the quarter that ended in Jun. 2025 was R$9,686 Mil. Therefore, Refinaria De Petroleos Manguinhos's annualized ROA % for the quarter that ended in Jun. 2025 was -21.24%.
BSP:RPMG3'
s ROA % Range Over the Past 10 Years
Min: -140.41 Med: -16.1 Max: -9.74
Current: -19.2
During the past 13 years, Refinaria De Petroleos Manguinhos's highest ROA % was -9.74%. The lowest was -140.41%. And the median was -16.10%.
BSP:RPMG3's ROA % is ranked worse than 84.95% of 1030
companies
in the Oil & Gas industry
Industry Median: 1.895
vs BSP:RPMG3: -19.20
Refinaria De Petroleos Manguinhos (BSP:RPMG3) 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. 2025) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
Refinaria De Petroleos Manguinhos ROA % Related Terms
Refinaria De Petroleos Manguinhos 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 Oil & Gas Refining & Marketing subindustry, Refinaria De Petroleos Manguinhos'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.
Refinaria De Petroleos Manguinhos ROA % vs Oil & Gas 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. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Refinaria De Petroleos Manguinhos (BSP:RPMG3) has a ROA % of -21.24% as of Jun. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Refinaria De Petroleos Manguinhos and its competitors. According to the industry distribution chart, Refinaria De Petroleos Manguinhos ranks #875 out of 1030 companies in the Oil & Gas industry, placing it in the top 85%.
Is Refinaria De Petroleos Manguinhos' ROA % too high?
Refinaria De Petroleos Manguinhos' current ROA % is -21.24%. Based on the distribution chart, Refinaria De Petroleos Manguinhos ranks #875 out of 1030 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Refinaria De Petroleos Manguinhos has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Refinaria De Petroleos Manguinhos' ROA % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Refinaria De Petroleos Manguinhos ranks #875 out of 1030 companies for ROA %. This places Refinaria De Petroleos Manguinhos in the lower half of its industry. The industry median ROA % is 1.90. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.90, based on 1,030 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 Refinaria De Petroleos Manguinhos and its competitors. For the Oil & Gas industry, the median ROA % is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Refinaria De Petroleos Manguinhos's current ROA % is -21.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refinaria De Petroleos Manguinhos stock overvalued right now?
Based on GuruFocus' analysis, Refinaria De Petroleos Manguinhos (BSP:RPMG3) is currently considered Possible Value Trap. The stock's GF Value™ is R$4.42, compared to a current price of R$1.26 — trading 71.5% below its estimated fair value. The current ROA % is -21.24%. Refinaria De Petroleos Manguinhos' overall GF Score™ is 52/100 with 2 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 Refinaria De Petroleos Manguinhos (BSP:RPMG3), the current ROA % is -21.24% as of Jun. 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.
Is Refinaria De Petroleos Manguinhos (BSP:RPMG3) Overvalued in 2026?
Based on GuruFocus' analysis, Refinaria De Petroleos Manguinhos stock appears to be undervalued.
The current stock price of R$1.26 is trading 71.5% below its estimated GF Value™ of R$4.42.
GuruFocus considers Refinaria De Petroleos Manguinhos to be Possible Value Trap.
Key valuation signals for BSP:RPMG3:
ROA %: -21.24%
GF Value™: R$4.42 vs. price of R$1.26 (71.5% below fair value)
No single metric tells the full story. See the BSP:RPMG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Refinaria De Petroleos Manguinhos Business Description
Refinaria De Petroleos Manguinhos SA is engaged in the operation of the oil refinery, import, sale and export of crude oil and its derivatives, and provision of services related to the refining activity, among others.
52GF Score
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