CGCT (Cartesian Growth III) ROA %: 2.36% (As of Mar. 2026) — 46% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CGCT Cartesian Growth Corp III CGCT
15 GF Score
Price $12.02
! 1 Warning Sign
View Full Analysis

What is Cartesian Growth III ROA %?

Cartesian Growth III CGCT -2.14% 15 ROA % is 2.36% as of Mar. 2026, which is 46% below its 10-year median of 4.37. GuruFocus rates CGCT with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 560 Diversified Financial Services companies, Cartesian Growth III ranks better than 88.39% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Cartesian Growth III's annualized Net Income for the quarter that ended in Mar. 2026 was $6.72 Mil. Cartesian Growth III's average Total Assets over the quarter that ended in Mar. 2026 was $285.27 Mil. Therefore, Cartesian Growth III's annualized ROA % for the quarter that ended in Mar. 2026 was 2.36%.

The historical rank and industry rank for Cartesian Growth III's ROA % or its related term are showing as below:

CGCT' s ROA % Range Over the Past 10 Years
Min: 3.5   Med: 4.37   Max: 4.37
Current: 3.5

During the past 2 years, Cartesian Growth III's highest ROA % was 4.37%. The lowest was 3.50%. And the median was 4.37%.

CGCT's ROA % is ranked better than
88.39% of 560 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs CGCT: 3.50

Cartesian Growth III  (NAS:CGCT) 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
=6.72/285.2715
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6.72 / 0)*(0 / 285.2715)
=Net Margin %*Asset Turnover
=N/A %*0
=2.36 %

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.


Cartesian Growth III ROA % Related Terms


Cartesian Growth III ROA % Historical Data

* Premium members only.

The historical data trend for Cartesian Growth III'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.

Cartesian Growth III ROA % Chart

Cartesian Growth III Annual Data
Trend Dec24 Dec25
ROA %
0.00 4.37

Cartesian Growth III Quarterly Data
Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial -16.44 3.77 3.95 3.05 2.36

CGCT vs IEAG, MBVI, IACO: ROA % Comparison

For the Shell Companies subindustry, Cartesian Growth III'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.


Cartesian Growth III ROA % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cartesian Growth III's ROA % distribution charts can be found below:

* The bar in red indicates where Cartesian Growth III's ROA % falls into.


CGCT
15GF Score
Cartesian Growth Corp III CGCT
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cartesian Growth III ROA % Calculation

Cartesian Growth III'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 )
=6.219/( (0.267+284.155)/ 2 )
=6.219/142.211
=4.37 %

Cartesian Growth III'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 )
=6.72/( (284.155+286.388)/ 2 )
=6.72/285.2715
=2.36 %

* 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 2.36% mean?
Cartesian Growth III (CGCT) has a ROA % of 2.36% 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 Cartesian Growth III and its competitors. This is 46% below median its historical median of 4.37. Over the past decade, Cartesian Growth III's ROA % has ranged from 3.50 to 4.37. According to the industry distribution chart, Cartesian Growth III ranks #65 out of 560 companies in the Diversified Financial Services industry, placing it in the top 11.6%.
Is Cartesian Growth III's ROA % too high?
Cartesian Growth III's current ROA % of 2.36% is 46% below median its 10-year median of 4.37. Over the past 10 years, this metric has ranged from a low of 3.50 to a high of 4.37. The Diversified Financial Services industry median ROA % is 0.81. Cartesian Growth III's value of 2.36% is 191.4% above this industry median. Based on the distribution chart, Cartesian Growth III ranks #65 out of 560 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Cartesian Growth III has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Cartesian Growth III's ROA % compare to IEAG and MBVI?
According to the Diversified Financial Services industry distribution chart, Cartesian Growth III ranks #65 out of 560 companies for ROA %. This places Cartesian Growth III in the top 12% of its industry — outperforming the majority of peers. The industry median ROA % is 0.81. Cartesian Growth III's value of 2.36% is 191.4% above this benchmark. Historically, Cartesian Growth III's own ROA % has ranged from 3.50 to 4.37 over the past decade. While the company's 10-year median is 4.37 vs. the industry median of 0.81, Cartesian Growth III 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 Diversified Financial Services company?
The median ROA % among Diversified Financial Services companies is 0.81, based on 560 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. Cartesian Growth III's current ROA % of 2.36% is 191.4% 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 Cartesian Growth III and its competitors. For the Diversified Financial Services industry, the median ROA % is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cartesian Growth III's current ROA % is 2.36%, which is 46% below median its own 10-year median of 4.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cartesian Growth III stock overvalued right now?
Cartesian Growth III (CGCT) has a current ROA % of 2.36%. The current ROA % is 2.36%, which is 46% below median its 10-year median of 4.37 and 191.4% above the Diversified Financial Services industry median of 0.81. Cartesian Growth III's overall GF Score™ is 15/100 with 1 warning sign 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 Cartesian Growth III (CGCT), the current ROA % is 2.36% 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.

Cartesian Growth III Business Description

Address 505 Fifth Avenue, 15th Floor, New York, NY, USA, 10017
Cartesian Growth Corp III is a blank check company.
15GF Score

Get the complete analysis for CGCT

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

$12.02
Price