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Forum EngineeringFRA:4I5 76 ROA % is 18.06% as of Sep. 2025, which is 53% above its 10-year median of 11.84. GuruFocus rates FRA:4I5 with a GF Score™ of 76/100 and a GF Value™ of €5.54. The stock has 6 warning signs investors should review. Among 1,096 Business Services companies, Forum Engineering ranks better than 88.5% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Forum Engineering's annualizedNet Income for the quarter that ended in Sep. 2025 was €19.7 Mil.
Forum Engineering's average Total Assets over the quarter that ended in Sep. 2025 was €108.9 Mil. Therefore, Forum Engineering's annualized ROA % for the quarter that ended in Sep. 2025 was 18.06%.
The historical rank and industry rank for Forum Engineering's ROA % or its related term are showing as below:
FRA:4I5'
s ROA % Range Over the Past 10 Years
Min: 5.99 Med: 11.84 Max: 25.03
Current: 12.99
During the past 8 years, Forum Engineering's highest ROA % was 25.03%. The lowest was 5.99%. And the median was 11.84%.
FRA:4I5's ROA % is ranked better than 88.5% of 1096
companies
in the Business Services industry
Industry Median: 3.5
vs FRA:4I5: 12.99
Forum Engineering (FRA:4I5) 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 (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.
Forum Engineering ROA % Related Terms
Forum Engineering ROA % Historical Data
* Premium members only.
The historical data trend for Forum Engineering'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 Staffing & Employment Services subindustry, Forum Engineering'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.
Forum Engineering ROA % vs Business Services Industry
For the Business Services industry and Industrials sector, Forum Engineering's ROA % distribution charts can be found below:
* The bar in red indicates where Forum Engineering'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 (Sep. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Forum Engineering (FRA:4I5) has a ROA % of 18.06% 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 Forum Engineering and its competitors. This is 53% above median its historical median of 11.84. Over the past decade, Forum Engineering's ROA % has ranged from 5.99 to 25.03. According to the industry distribution chart, Forum Engineering ranks #126 out of 1096 companies in the Business Services industry, placing it in the top 11.5%.
Is Forum Engineering's ROA % too high?
Forum Engineering's current ROA % of 18.06% is 53% above median its 10-year median of 11.84. Over the past 10 years, this metric has ranged from a low of 5.99 to a high of 25.03. The Business Services industry median ROA % is 3.50. Forum Engineering's value of 18.06% is 416% above this industry median. Based on the distribution chart, Forum Engineering ranks #126 out of 1096 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Forum Engineering has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Forum Engineering's ROA % compare to KFY and RHI?
According to the Business Services industry distribution chart, Forum Engineering ranks #126 out of 1096 companies for ROA %. This places Forum Engineering in the top 12% of its industry — outperforming the majority of peers. The industry median ROA % is 3.50. Forum Engineering's value of 18.06% is 416% above this benchmark. Historically, Forum Engineering's own ROA % has ranged from 5.99 to 25.03 over the past decade. While the company's 10-year median is 11.84 vs. the industry median of 3.50, Forum Engineering 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 Business Services company?
The median ROA % among Business Services companies is 3.50, based on 1,096 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. Forum Engineering's current ROA % of 18.06% is 416% 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 Forum Engineering and its competitors. For the Business Services industry, the median ROA % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forum Engineering's current ROA % is 18.06%, which is 53% above median its own 10-year median of 11.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Engineering stock overvalued right now?
Forum Engineering (FRA:4I5) has a current ROA % of 18.06%. The stock's GF Value™ is €5.54, compared to a current price of €9.15 — trading 65.2% above its estimated fair value. The current ROA % is 18.06%, which is 53% above median its 10-year median of 11.84 and 416% above the Business Services industry median of 3.50. Forum Engineering's overall GF Score™ is 76/100 with 6 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 Forum Engineering (FRA:4I5), the current ROA % is 18.06% 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.
Is Forum Engineering (FRA:4I5) Overvalued in 2026?
Based on GuruFocus' analysis, Forum Engineering stock appears to be overvalued.
The current stock price of €9.15 is trading 65.2% above its estimated GF Value™ of €5.54.
Key valuation signals for FRA:4I5:
ROA %: 18.06% (53% above median its 10-year median of 11.84)
GF Value™: €5.54 vs. price of €9.15 (65.2% above fair value)
Industry Position: 416% above the Business Services median (#126 of 1096)
No single metric tells the full story. See the FRA:4I5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forum Engineering Inc is a provider of human resources. The company's business includes worker dispatch business and paid job placement services. Its services include Cognavi dispatch, Cognavi career change, Cognavi graduate, Cognavi talent management, and Cognavi college.
76GF Score
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