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Ellsworth Growth andome FundECF -0.32%38 ROA % is 1.20% as of Mar. 2026, which is 89% below its 10-year median of 10.76. GuruFocus rates ECF with a GF Score™ of 38/100. The stock has 2 warning signs investors should review. Among 1,629 Asset Management companies, Ellsworth Growth andome Fund ranks better than 88.52% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ellsworth Growth andome Fund's annualizedNet Income for the quarter that ended in Mar. 2026 was $2.47 Mil.
Ellsworth Growth andome Fund's average Total Assets over the quarter that ended in Mar. 2026 was $206.00 Mil. Therefore, Ellsworth Growth andome Fund's annualized ROA % for the quarter that ended in Mar. 2026 was 1.20%.
The historical rank and industry rank for Ellsworth Growth andome Fund's ROA % or its related term are showing as below:
ECF'
s ROA % Range Over the Past 10 Years
Min: -24.65 Med: 10.76 Max: 24.7
Current: 21.86
During the past 13 years, Ellsworth Growth andome Fund's highest ROA % was 24.70%. The lowest was -24.65%. And the median was 10.76%.
ECF's ROA % is ranked better than 88.52% of 1629
companies
in the Asset Management industry
Industry Median: 4.48
vs ECF: 21.86
Ellsworth Growth andome Fund (AMEX:ECF) 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 two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
Ellsworth Growth andome Fund ROA % Related Terms
Ellsworth Growth andome Fund 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 Asset Management subindustry, Ellsworth Growth andome Fund'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.
Ellsworth Growth andome Fund ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ellsworth Growth andome Fund's ROA % distribution charts can be found below:
* The bar in red indicates where Ellsworth Growth andome Fund'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 two times the semi-annual (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Ellsworth Growth andome Fund (ECF) has a ROA % of 1.20% 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 Ellsworth Growth andome Fund and its competitors. This is 89% below median its historical median of 10.76. According to the industry distribution chart, Ellsworth Growth andome Fund ranks #187 out of 1629 companies in the Asset Management industry, placing it in the top 11.5%.
Is Ellsworth Growth andome Fund's ROA % too high?
Ellsworth Growth andome Fund's current ROA % of 1.20% is 89% below median its 10-year median of 10.76. The Asset Management industry median ROA % is 4.48. Ellsworth Growth andome Fund's value of 1.20% is 73.2% below this industry median. Based on the distribution chart, Ellsworth Growth andome Fund ranks #187 out of 1629 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Ellsworth Growth andome Fund has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Ellsworth Growth andome Fund's ROA % compare to DHF and GGT?
According to the Asset Management industry distribution chart, Ellsworth Growth andome Fund ranks #187 out of 1629 companies for ROA %. This places Ellsworth Growth andome Fund in the top 12% of its industry — outperforming the majority of peers. The industry median ROA % is 4.48. Ellsworth Growth andome Fund's value of 1.20% is 73.2% below this benchmark. While the company's 10-year median is 10.76 vs. the industry median of 4.48, Ellsworth Growth andome Fund 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 an Asset Management company?
The median ROA % among Asset Management companies is 4.48, based on 1,629 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. Ellsworth Growth andome Fund's current ROA % of 1.20% is 73.2% 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 Ellsworth Growth andome Fund and its competitors. For the Asset Management industry, the median ROA % is 4.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ellsworth Growth andome Fund's current ROA % is 1.20%, which is 89% below median its own 10-year median of 10.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ellsworth Growth andome Fund stock overvalued right now?
Ellsworth Growth andome Fund (ECF) has a current ROA % of 1.20%. The current ROA % is 1.20%, which is 89% below median its 10-year median of 10.76 and 73.2% below the Asset Management industry median of 4.48. Ellsworth Growth andome Fund's overall GF Score™ is 38/100 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 Ellsworth Growth andome Fund (ECF), the current ROA % is 1.20% 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.
Ellsworth Growth and Income Fund Ltd operate as a closed-end, diversified management investment company. Its investment objective is to provide income and the potential for capital appreciation, which objectives the Fund considers to be relatively equal over the long term due to the nature of the securities in which it invests. The company invests in convertible and equity securities. It invests in various sectors, such as healthcare, financial services, computer software and services, energy and utilities, real estate investment trusts, semiconductors, telecommunications, business services, food and beverage, consumer products, transportation, consumer services among others.
38GF Score
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