Elkem ASAFRA:1DP +1.29%61 ROA % is 0.23% as of Mar. 2026, which is 94% below its 10-year median of 3.89. GuruFocus rates FRA:1DP with a GF Score™ of 61/100 and a GF Value™ of €1.66 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,619 Chemicals companies, Elkem ASA ranks worse than 75.79% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Elkem ASA's annualizedNet Income for the quarter that ended in Mar. 2026 was €10 Mil.
Elkem ASA's average Total Assets over the quarter that ended in Mar. 2026 was €4,123 Mil. Therefore, Elkem ASA's annualized ROA % for the quarter that ended in Mar. 2026 was 0.23%.
The historical rank and industry rank for Elkem ASA's ROA % or its related term are showing as below:
FRA:1DP'
s ROA % Range Over the Past 10 Years
Min: -1.32 Med: 3.89 Max: 20.21
Current: -0.89
During the past 12 years, Elkem ASA's highest ROA % was 20.21%. The lowest was -1.32%. And the median was 3.89%.
FRA:1DP's ROA % is ranked worse than 75.79% of 1619
companies
in the Chemicals industry
Industry Median: 2.9
vs FRA:1DP: -0.89
Elkem ASA (FRA:1DP) 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 (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.
Elkem ASA ROA % Related Terms
Elkem ASA ROA % Historical Data
* Premium members only.
The historical data trend for Elkem ASA'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.
For the Specialty Chemicals subindustry, Elkem ASA'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.
Elkem ASA ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Elkem ASA's ROA % distribution charts can be found below:
* The bar in red indicates where Elkem ASA'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 four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Elkem ASA (FRA:1DP) has a ROA % of 0.23% 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 Elkem ASA and its competitors. This is 94% below median its historical median of 3.89. According to the industry distribution chart, Elkem ASA ranks #1227 out of 1619 companies in the Chemicals industry, placing it in the top 75.8%.
Is Elkem ASA's ROA % too high?
Elkem ASA's current ROA % of 0.23% is 94% below median its 10-year median of 3.89. The Chemicals industry median ROA % is 2.90. Elkem ASA's value of 0.23% is 92.1% below this industry median. Based on the distribution chart, Elkem ASA ranks #1227 out of 1619 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Elkem ASA has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elkem ASA's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Elkem ASA ranks #1227 out of 1619 companies for ROA %. This places Elkem ASA in the lower half of its industry. The industry median ROA % is 2.90. Elkem ASA's value of 0.23% is 92.1% below this benchmark. While the company's 10-year median is 3.89 vs. the industry median of 2.90, Elkem ASA 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 a Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,619 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. Elkem ASA's current ROA % of 0.23% is 92.1% 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 Elkem ASA and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elkem ASA's current ROA % is 0.23%, which is 94% below median its own 10-year median of 3.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elkem ASA stock overvalued right now?
Based on GuruFocus' analysis, Elkem ASA (FRA:1DP) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.66, compared to a current price of €2.83 — trading 70.6% above its estimated fair value. The current ROA % is 0.23%, which is 94% below median its 10-year median of 3.89 and 92.1% below the Chemicals industry median of 2.90. Elkem ASA's overall GF Score™ is 61/100 with 9 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 Elkem ASA (FRA:1DP), the current ROA % is 0.23% 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.
Is Elkem ASA (FRA:1DP) Overvalued in 2026?
Based on GuruFocus' analysis, Elkem ASA stock appears to be overvalued.
The current stock price of €2.83 is trading 70.6% above its estimated GF Value™ of €1.66.
GuruFocus considers Elkem ASA to be Significantly Overvalued.
Key valuation signals for FRA:1DP:
ROA %: 0.23% (94% below median its 10-year median of 3.89)
GF Value™: €1.66 vs. price of €2.83 (70.6% above fair value)
Industry Position: 92.1% below the Chemicals median (#1227 of 1619)
No single metric tells the full story. See the FRA:1DP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elkem ASA offers material solutions that shape a more sustainable future. The company develops silicones, silicon products, and carbon solutions by combining natural raw materials, renewable energy, and human ingenuity. The group helps its customers create and improve essential innovations in electric mobility, digital communications, health, and personal care, as well as in smarter, more sustainable cities. It has three reportable segments, namely Silicones, Silicon Products, and Carbon Solutions. It generates the majority of the revenue from the Silicones segment.
61GF Score
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