Emerald Holding (FRA:EM7) ROA %: 2.36% (As of Mar. 2026)


FRA:EM7 Emerald Holding Inc FRA:EM7
51 GF Score
Price €4.38
GF Value €2.17
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Emerald Holding ROA %?

Emerald Holding FRA:EM7 +1.86% 51 ROA % is 2.36% as of Mar. 2026. GuruFocus rates FRA:EM7 with a GF Score™ of 51/100 and a GF Value™ of €2.17 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,042 Media - Diversified companies, Emerald Holding ranks worse than 66.31% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Emerald Holding's annualized Net Income for the quarter that ended in Mar. 2026 was €24.9 Mil. Emerald Holding's average Total Assets over the quarter that ended in Mar. 2026 was €1,055.7 Mil. Therefore, Emerald Holding's annualized ROA % for the quarter that ended in Mar. 2026 was 2.36%.

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

FRA:EM7' s ROA % Range Over the Past 10 Years
Min: -50.16   Med: -1.16   Max: 12.11
Current: -3.2

During the past 12 years, Emerald Holding's highest ROA % was 12.11%. The lowest was -50.16%. And the median was -1.16%.

FRA:EM7's ROA % is ranked worse than
66.31% of 1042 companies
in the Media - Diversified industry
Industry Median: 0.65 vs FRA:EM7: -3.20

Emerald Holding  (FRA:EM7) 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
=24.912/1055.7225
=(Net Income / Revenue)*(Revenue / Total Assets)
=(24.912 / 537.684)*(537.684 / 1055.7225)
=Net Margin %*Asset Turnover
=4.63 %*0.5093
=2.36 %

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.


Emerald Holding ROA % Related Terms


Emerald Holding ROA % Historical Data

* Premium members only.

The historical data trend for Emerald Holding'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.

Emerald Holding ROA % Chart

Emerald Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.81 12.49 -0.75 0.21 -2.57

Emerald Holding 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 5.40 -0.45 -4.72 -9.95 2.36

FRA:EM7 vs CRTO, EVC, CCO: ROA % Comparison

For the Advertising Agencies subindustry, Emerald Holding'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.


Emerald Holding ROA % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Emerald Holding's ROA % distribution charts can be found below:

* The bar in red indicates where Emerald Holding's ROA % falls into.


FRA:EM7
51GF Score
Emerald Holding Inc FRA:EM7
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emerald Holding ROA % Calculation

Emerald Holding'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 )
=-26.218/( (1001.509+1035.731)/ 2 )
=-26.218/1018.62
=-2.57 %

Emerald Holding'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 )
=24.912/( (1035.731+1075.714)/ 2 )
=24.912/1055.7225
=2.36 %

* 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 2.36% mean?
Emerald Holding (FRA:EM7) has a ROA % of 2.36% 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 Emerald Holding and its competitors. According to the industry distribution chart, Emerald Holding ranks #691 out of 1042 companies in the Media - Diversified industry, placing it in the top 66.3%.
Is Emerald Holding's ROA % too high?
Emerald Holding's current ROA % is 2.36%. The Media - Diversified industry median ROA % is 0.65. Emerald Holding's value of 2.36% is 263.1% above this industry median. Based on the distribution chart, Emerald Holding ranks #691 out of 1042 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Emerald Holding has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emerald Holding's ROA % compare to CRTO and EVC?
According to the Media - Diversified industry distribution chart, Emerald Holding ranks #691 out of 1042 companies for ROA %. This places Emerald Holding in the lower half of its industry. The industry median ROA % is 0.65. Emerald Holding's value of 2.36% is 263.1% 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 Media - Diversified company?
The median ROA % among Media - Diversified companies is 0.65, based on 1,042 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. Emerald Holding's current ROA % of 2.36% is 263.1% 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 Emerald Holding and its competitors. For the Media - Diversified industry, the median ROA % is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Holding's current ROA % is 2.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Holding stock overvalued right now?
Based on GuruFocus' analysis, Emerald Holding (FRA:EM7) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.17, compared to a current price of €4.38 — trading 101.8% above its estimated fair value. The current ROA % is 2.36% and 263.1% above the Media - Diversified industry median of 0.65. Emerald Holding's overall GF Score™ is 51/100 with 5 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 Emerald Holding (FRA:EM7), the current ROA % is 2.36% 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 Emerald Holding (FRA:EM7) Overvalued in 2026?

Based on GuruFocus' analysis, Emerald Holding stock appears to be overvalued. The current stock price of €4.38 is trading 101.8% above its estimated GF Value™ of €2.17. GuruFocus considers Emerald Holding to be Significantly Overvalued.

Key valuation signals for FRA:EM7:

  • ROA %: 2.36%
  • GF Value™: €2.17 vs. price of €4.38 (101.8% above fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 263.1% above the Media - Diversified median (#691 of 1042)

No single metric tells the full story. See the FRA:EM7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Emerald Holding Business Description

Other Exchanges EEX:USA
Address 100 Broadway, 14th Floor, New York, NY, USA, 10005
Emerald Holding Inc is a business-to-business (B2B) event organizer principally in the United States, with operations in the United Kingdom (U.K.), France, and other markets. The company is engaged in three complementary business lines: Connections division consists of a collection of B2B trade show franchises and other live events that provide exhibitors opportunities to engage with buyers and expand their brand's awareness in their industry; the Content division consists of B2B print publications and digital media products that complement existing trade show properties, and the Commerce division provides B2B e-commerce and digital merchandising solutions to manufacturers and retailers. Emerald's key revenue is derived from the Connections business, its only reportable segment.
51GF Score

Get the complete analysis for FRA:EM7

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.38
Price
€2.17
GF Value