ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. GameOn Entertainment Technologies's annualizedNet Income for the quarter that ended in Jun. 2024 was €0.02 Mil.
GameOn Entertainment Technologies's average Total Assets over the quarter that ended in Jun. 2024 was €3.87 Mil. Therefore, GameOn Entertainment Technologies's annualized ROA % for the quarter that ended in Jun. 2024 was 0.52%.
FRA:9E7's ROA % is not ranked *
in the Interactive Media industry.
Industry Median: 0.68 * Ranked among companies with meaningful ROA % only.
GameOn Entertainment Technologies (FRA:9E7) 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 (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
GameOn Entertainment Technologies ROA % Related Terms
GameOn Entertainment Technologies 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 Electronic Gaming & Multimedia subindustry, GameOn Entertainment Technologies'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.
GameOn Entertainment Technologies ROA % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, GameOn Entertainment Technologies's ROA % distribution charts can be found below:
* The bar in red indicates where GameOn Entertainment Technologies'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 (Jun. 2024) net income data.
ROA % is displayed in the 30-year financial page.
GameOn Entertainment Technologies (FRA:9E7) has a ROA % of 0.52% as of Jun. 2024. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on GameOn Entertainment Technologies and its competitors.
Is GameOn Entertainment Technologies' ROA % too high?
GameOn Entertainment Technologies' current ROA % is 0.52%. The Interactive Media industry median ROA % is 0.68. GameOn Entertainment Technologies' value of 0.52% is 23.5% below this industry median.
How does GameOn Entertainment Technologies' ROA % compare to FRZT and NTES?
GameOn Entertainment Technologies' ROA % of 0.52% can be compared against companies in the Interactive Media industry. The industry median ROA % is 0.68. GameOn Entertainment Technologies' value of 0.52% is 23.5% below 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 an Interactive Media company?
The median ROA % among Interactive Media companies is 0.68, based on 567 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. GameOn Entertainment Technologies's current ROA % of 0.52% is 23.5% 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 GameOn Entertainment Technologies and its competitors. For the Interactive Media industry, the median ROA % is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GameOn Entertainment Technologies's current ROA % is 0.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GameOn Entertainment Technologies stock overvalued right now?
GameOn Entertainment Technologies (FRA:9E7) has a current ROA % of 0.52%. The current ROA % is 0.52% and 23.5% below the Interactive Media industry median of 0.68. 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 GameOn Entertainment Technologies (FRA:9E7), the current ROA % is 0.52% as of Jun. 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.
GameOn Entertainment Technologies Business Description
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