Visible Gold MinesFRA:3V41 -1.21%38 ROA % is 106.85% as of Jan. 2026. GuruFocus rates FRA:3V41 with a GF Score™ of 38/100. Among 2,662 Metals & Mining companies, Visible Gold Mines ranks better than 99.74% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Visible Gold Mines's annualizedNet Income for the quarter that ended in Jan. 2026 was €1.57 Mil.
Visible Gold Mines's average Total Assets over the quarter that ended in Jan. 2026 was €1.47 Mil. Therefore, Visible Gold Mines's annualized ROA % for the quarter that ended in Jan. 2026 was 106.85%.
The historical rank and industry rank for Visible Gold Mines's ROA % or its related term are showing as below:
FRA:3V41'
s ROA % Range Over the Past 10 Years
Min: -241.49 Med: -34.08 Max: 264.93
Current: 264.93
During the past 13 years, Visible Gold Mines's highest ROA % was 264.93%. The lowest was -241.49%. And the median was -34.08%.
FRA:3V41's ROA % is ranked better than 99.74% of 2662
companies
in the Metals & Mining industry
Industry Median: -16.81
vs FRA:3V41: 264.93
Visible Gold Mines (FRA:3V41) 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 (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 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.
Visible Gold Mines ROA % Related Terms
Visible Gold Mines ROA % Historical Data
* Premium members only.
The historical data trend for Visible Gold Mines'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 Gold subindustry, Visible Gold Mines'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.
Visible Gold Mines ROA % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Visible Gold Mines's ROA % distribution charts can be found below:
* The bar in red indicates where Visible Gold Mines'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 (Jan. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Visible Gold Mines (FRA:3V41) has a ROA % of 106.85% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Visible Gold Mines and its competitors. According to the industry distribution chart, Visible Gold Mines ranks #7 out of 2662 companies in the Metals & Mining industry, placing it in the top 0.3%.
Is Visible Gold Mines' ROA % too high?
Visible Gold Mines' current ROA % is 106.85%. Based on the distribution chart, Visible Gold Mines ranks #7 out of 2662 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Visible Gold Mines has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Visible Gold Mines' ROA % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Visible Gold Mines ranks #7 out of 2662 companies for ROA %. This places Visible Gold Mines in the top 0% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Visible Gold Mines and its competitors. Visible Gold Mines's current ROA % is 106.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visible Gold Mines stock overvalued right now?
Visible Gold Mines (FRA:3V41) has a current ROA % of 106.85%. The current ROA % is 106.85%. Visible Gold Mines' overall GF Score™ is 38/100. 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 Visible Gold Mines (FRA:3V41), the current ROA % is 106.85% as of Jan. 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.
Visible Gold Mines Inc is engaged in the acquisition and exploration of mineral properties with prospects for hosting gold mineral deposits in Canada. The company has a single reporting segment, being the exploration and evaluation of mineral resources. Its projects include the Cadillac Break, Lucky Break, Silidor, Stadacona, Wasa Creek, and Wasa East projects, and a minority interest in the Capricorn project, all located along the Cadillac-Larder Lake near the town of Rouyn-Noranda in the province of Quebec, Canada. Its Lithium James Bay projects include Megali, Carli, and Natali.
38GF Score
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