CONX (CNXXW) ROA %: 95.00% (As of Sep. 2025) — 3685% Above Median

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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.

CNXXW CONX Corp CNXXW
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What is CONX ROA %?

CONX CNXXW 20 ROA % is 95.00% as of Sep. 2025, which is 3685% above its 10-year median of 2.51. GuruFocus rates CNXXW with a GF Score™ of 20/100. The stock has 5 warning signs investors should review. Among 1,800 Real Estate companies, CONX ranks better than 99.33% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. CONX's annualized Net Income for the quarter that ended in Sep. 2025 was $233.02 Mil. CONX's average Total Assets over the quarter that ended in Sep. 2025 was $245.29 Mil. Therefore, CONX's annualized ROA % for the quarter that ended in Sep. 2025 was 95.00%.

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

CNXXW' s ROA % Range Over the Past 10 Years
Min: -11.14   Med: 2.51   Max: 30.8
Current: 30.8

During the past 5 years, CONX's highest ROA % was 30.80%. The lowest was -11.14%. And the median was 2.51%.

CNXXW's ROA % is ranked better than
99.33% of 1800 companies
in the Real Estate industry
Industry Median: 1.765 vs CNXXW: 30.80

CONX  (OTCPK:CNXXW) 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: Sep. 2025 )
=Net Income/Total Assets
=233.024/245.285
=(Net Income / Revenue)*(Revenue / Total Assets)
=(233.024 / 3.916)*(3.916 / 245.285)
=Net Margin %*Asset Turnover
=5950.56 %*0.016
=95.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


CONX ROA % Related Terms


CONX ROA % Historical Data

* Premium members only.

The historical data trend for CONX'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.

CONX ROA % Chart

CONX Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
ROA %
0.00 2.58 5.78 -11.14 2.43

CONX Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -6.95 -1.65 10.00 9.17 95.00

CNXXW vs CPTP, SRG, STHO: ROA % Comparison

For the Real Estate Services subindustry, CONX'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.


CONX ROA % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, CONX's ROA % distribution charts can be found below:

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


CNXXW
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CONX Corp CNXXW
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CONX ROA % Calculation

CONX's annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:

ROA %=Net Income (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=2.675/( (21.983+198.03)/ 2 )
=2.675/110.0065
=2.43 %

CONX's annualized ROA % for the quarter that ended in Sep. 2025 is calculated as:

ROA %=Net Income (Q: Sep. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=233.024/( (207.063+283.507)/ 2 )
=233.024/245.285
=95.00 %

* 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 (Sep. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 95.00% mean?
CONX (CNXXW) has a ROA % of 95.00% as of Sep. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on CONX and its competitors. This is 3685% above median its historical median of 2.51. According to the industry distribution chart, CONX ranks #12 out of 1800 companies in the Real Estate industry, placing it in the top 0.7%.
Is CONX's ROA % too high?
CONX's current ROA % of 95.00% is 3685% above median its 10-year median of 2.51. The Real Estate industry median ROA % is 1.77. CONX's value of 95.00% is 5282.4% above this industry median. Based on the distribution chart, CONX ranks #12 out of 1800 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, CONX has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does CONX's ROA % compare to CPTP and SRG?
According to the Real Estate industry distribution chart, CONX ranks #12 out of 1800 companies for ROA %. This places CONX in the top 1% of its industry — outperforming the majority of peers. The industry median ROA % is 1.77. CONX's value of 95.00% is 5282.4% above this benchmark. While the company's 10-year median is 2.51 vs. the industry median of 1.77, CONX 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 Real Estate company?
The median ROA % among Real Estate companies is 1.77, based on 1,800 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. CONX's current ROA % of 95.00% is 5282.4% 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 CONX and its competitors. For the Real Estate industry, the median ROA % is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CONX's current ROA % is 95.00%, which is 3685% above median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CONX stock overvalued right now?
CONX (CNXXW) has a current ROA % of 95.00%. The current ROA % is 95.00%, which is 3685% above median its 10-year median of 2.51 and 5282.4% above the Real Estate industry median of 1.77. CONX's overall GF Score™ is 20/100 with 5 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 CONX (CNXXW), the current ROA % is 95.00% as of Sep. 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.

CONX Business Description

Other Exchanges CNXX:USA
Address 5701 South Santa Fe Drive, Littleton, CO, USA, 80120
CONX Corp is a company seeking opportunities to power the next generation of innovators in communications and connectivity. The company operates through two reportable business segments: i) Technology and Telecommunications, which includes spectrum-sharing technologies and related services; and (ii) Infrastructure and Real Estate, which includes the operation of its commercial property in Littleton, Colorado. The company derives the majority of its revenues prominently from rent received from its operation of real estate property in North America.
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