FFTTF (Fatfish Group) ROA %: 80.80% (As of Dec. 2024)


What is Fatfish Group ROA %?

Fatfish Group FFTTF -44.79% ROA % is 80.80% as of Dec. 2024.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Fatfish Group's annualized Net Income for the quarter that ended in Dec. 2024 was $11.26 Mil. Fatfish Group's average Total Assets over the quarter that ended in Dec. 2024 was $13.94 Mil. Therefore, Fatfish Group's annualized ROA % for the quarter that ended in Dec. 2024 was 80.80%.

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

FFTTF's ROA % is not ranked *
in the Capital Markets industry.
Industry Median: 1.495
* Ranked among companies with meaningful ROA % only.

Fatfish Group  (OTCPK:FFTTF) 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: Dec. 2024 )
=Net Income/Total Assets
=11.262/13.938
=(Net Income / Revenue)*(Revenue / Total Assets)
=(11.262 / 2.654)*(2.654 / 13.938)
=Net Margin %*Asset Turnover
=424.34 %*0.1904
=80.80 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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.


Fatfish Group ROA % Related Terms


Fatfish Group ROA % Historical Data

* Premium members only.

The historical data trend for Fatfish Group'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.

Fatfish Group ROA % Chart

Fatfish Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.68 -38.33 -52.72 -18.20 27.83

Fatfish Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -32.17 -7.45 -35.88 -46.17 80.80

FFTTF vs ITEX, MEGL, MIGI: ROA % Comparison

For the Capital Markets subindustry, Fatfish Group'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.


Fatfish Group ROA % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Fatfish Group's ROA % distribution charts can be found below:

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



Fatfish Group ROA % Calculation

Fatfish Group'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 )
=3.844/( (7.99+19.63)/ 2 )
=3.844/13.81
=27.83 %

Fatfish Group's annualized ROA % for the quarter that ended in Dec. 2024 is calculated as:

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=11.262/( (8.246+19.63)/ 2 )
=11.262/13.938
=80.80 %

* 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 (Dec. 2024) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 80.80% mean?
Fatfish Group (FFTTF) has a ROA % of 80.80% as of Dec. 2024. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Fatfish Group and its competitors.
Is Fatfish Group's ROA % too high?
Fatfish Group's current ROA % is 80.80%. The Capital Markets industry median ROA % is 1.50. Fatfish Group's value of 80.80% is 5304.7% above this industry median.
How does Fatfish Group's ROA % compare to ITEX and MEGL?
Fatfish Group's ROA % of 80.80% can be compared against companies in the Capital Markets industry. The industry median ROA % is 1.50. Fatfish Group's value of 80.80% is 5304.7% above this benchmark. 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 Capital Markets company?
The median ROA % among Capital Markets companies is 1.50, based on 816 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. Fatfish Group's current ROA % of 80.80% is 5304.7% 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 Fatfish Group and its competitors. For the Capital Markets industry, the median ROA % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fatfish Group's current ROA % is 80.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fatfish Group stock overvalued right now?
Fatfish Group (FFTTF) has a current ROA % of 80.80%. The current ROA % is 80.80% and 5304.7% above the Capital Markets industry median of 1.50. 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 Fatfish Group (FFTTF), the current ROA % is 80.80% as of Dec. 2024. 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.

Fatfish Group Business Description

Address 4 Bridge Street, Level 10, Suite 1005, Sydney, NSW, AUS, 2000
Fatfish Group Ltd is a tech venture investment and development company. The company has regrouped operating segments in Incubator services, Digital currency mining, BNPL and Insurtech services. Geographically the company provides its services in Australia, Singapore, Malaysia which generates key revenue, and British Virgin Island.