Bitcoin Well (FRA:BH9) ROA %: 34.66% (As of Mar. 2026)


What is Bitcoin Well ROA %?

Bitcoin Well FRA:BH9 ROA % is 34.66% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 819 Capital Markets companies, Bitcoin Well ranks worse than 81.93% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Bitcoin Well's annualized Net Income for the quarter that ended in Mar. 2026 was €5.78 Mil. Bitcoin Well's average Total Assets over the quarter that ended in Mar. 2026 was €16.68 Mil. Therefore, Bitcoin Well's annualized ROA % for the quarter that ended in Mar. 2026 was 34.66%.

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

FRA:BH9' s ROA % Range Over the Past 10 Years
Min: -83.12   Med: -38.12   Max: 5.16
Current: -6.36

During the past 7 years, Bitcoin Well's highest ROA % was 5.16%. The lowest was -83.12%. And the median was -38.12%.

FRA:BH9's ROA % is ranked worse than
81.93% of 819 companies
in the Capital Markets industry
Industry Median: 1.5 vs FRA:BH9: -6.36

Bitcoin Well  (FRA:BH9) 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: Mar. 2026 )
=Net Income/Total Assets
=5.78/16.678
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.78 / 88.052)*(88.052 / 16.678)
=Net Margin %*Asset Turnover
=6.56 %*5.2795
=34.66 %

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.


Bitcoin Well ROA % Related Terms


Bitcoin Well ROA % Historical Data

* Premium members only.

The historical data trend for Bitcoin Well'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.

Bitcoin Well ROA % Chart

Bitcoin Well Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial -78.15 -31.99 -82.47 -82.26 -2.63

Bitcoin Well Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 51.70 -68.98 -49.77 48.67 34.66

FRA:BH9 vs MS, GS, SCHW: ROA % Comparison

For the Capital Markets subindustry, Bitcoin Well'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.


Bitcoin Well ROA % vs Capital Markets Industry

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

* The bar in red indicates where Bitcoin Well's ROA % falls into.



Bitcoin Well ROA % Calculation

Bitcoin Well's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-0.491/( (18.785+18.514)/ 2 )
=-0.491/18.6495
=-2.63 %

Bitcoin Well's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=5.78/( (18.514+14.842)/ 2 )
=5.78/16.678
=34.66 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 34.66% mean?
Bitcoin Well (FRA:BH9) has a ROA % of 34.66% 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 Bitcoin Well and its competitors. According to the industry distribution chart, Bitcoin Well ranks #671 out of 819 companies in the Capital Markets industry, placing it in the top 81.9%.
Is Bitcoin Well's ROA % too high?
Bitcoin Well's current ROA % is 34.66%. The Capital Markets industry median ROA % is 1.50. Bitcoin Well's value of 34.66% is 2210.7% above this industry median. Based on the distribution chart, Bitcoin Well ranks #671 out of 819 companies in the Capital Markets industry, which is in the bottom quartile relative to peers.
How does Bitcoin Well's ROA % compare to MS and GS?
According to the Capital Markets industry distribution chart, Bitcoin Well ranks #671 out of 819 companies for ROA %. This places Bitcoin Well in the lower half of its industry. The industry median ROA % is 1.50. Bitcoin Well's value of 34.66% is 2210.7% 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 819 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. Bitcoin Well's current ROA % of 34.66% is 2210.7% 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 Bitcoin Well 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. Bitcoin Well's current ROA % is 34.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Well stock overvalued right now?
Based on GuruFocus' analysis, Bitcoin Well (FRA:BH9) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.05, compared to a current price of €0.01 — trading 72% below its estimated fair value. The current ROA % is 34.66% and 2210.7% 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 Bitcoin Well (FRA:BH9), the current ROA % is 34.66% 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.

Bitcoin Well Business Description

Other Exchanges BCNWF:USABTCW:Canada
Address 10175 - 101 Street NW, Suite 1700, Enbridge Centre, Edmonton, AB, CAN, T5J 0H3
Bitcoin Well Inc offers ways to buy and sell bitcoin and other cryptocurrencies through a Bitcoin ATM network and suite of web-based transaction services. The company operates in three operating business segments: Bitcoin ATMs, Online Bitcoin Portal and Bitcoin Well Infinite. It derives maximum revenue from the Bitcoin ATM segment, which comprises sales and expenses related to the company's Bitcoin ATMs placed and operating throughout Canada. The Online Bitcoin Portal segment includes sales and expenses related to the company's online bitcoin platform. The Bitcoin Well Infinite segment includes sales and expenses related to large bitcoin transactions for high net worth individuals and businesses.