Bellini Nautica SpA (FRA:F2F) ROA %: -0.22% (As of Dec. 2025)


FRA:F2F Bellini Nautica SpA FRA:F2F
75 GF Score
Price €2.86
GF Value €4.55
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Bellini Nautica SpA ROA %?

Bellini Nautica SpA FRA:F2F +0.70% 75 ROA % is -0.22% as of Dec. 2025. GuruFocus rates FRA:F2F with a GF Score™ of 75/100 and a GF Value™ of €4.55 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,336 Vehicles & Parts companies, Bellini Nautica SpA ranks worse than 72.9% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Bellini Nautica SpA's annualized Net Income for the quarter that ended in Dec. 2025 was €-0.06 Mil. Bellini Nautica SpA's average Total Assets over the quarter that ended in Dec. 2025 was €27.04 Mil. Therefore, Bellini Nautica SpA's annualized ROA % for the quarter that ended in Dec. 2025 was -0.22%.

The historical rank and industry rank for Bellini Nautica SpA's ROA % or its related term are showing as below:

FRA:F2F' s ROA % Range Over the Past 10 Years
Min: -1.05   Med: 0.92   Max: 19.5
Current: 0.35

During the past 6 years, Bellini Nautica SpA's highest ROA % was 19.50%. The lowest was -1.05%. And the median was 0.92%.

FRA:F2F's ROA % is ranked worse than
72.9% of 1336 companies
in the Vehicles & Parts industry
Industry Median: 2.95 vs FRA:F2F: 0.35

Bellini Nautica SpA  (FRA:F2F) 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: Dec. 2025 )
=Net Income/Total Assets
=-0.06/27.043
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.06 / 22.588)*(22.588 / 27.043)
=Net Margin %*Asset Turnover
=-0.27 %*0.8353
=-0.22 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.


Bellini Nautica SpA ROA % Related Terms


Bellini Nautica SpA ROA % Historical Data

* Premium members only.

The historical data trend for Bellini Nautica SpA'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.

Bellini Nautica SpA ROA % Chart

Bellini Nautica SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial 19.50 5.89 1.49 -1.05 0.34

Bellini Nautica SpA Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.27 3.24 -5.17 1.11 -0.22

FRA:F2F vs BC, THO, PII: ROA % Comparison

For the Recreational Vehicles subindustry, Bellini Nautica SpA'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.


Bellini Nautica SpA ROA % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bellini Nautica SpA's ROA % distribution charts can be found below:

* The bar in red indicates where Bellini Nautica SpA's ROA % falls into.


FRA:F2F
75GF Score
Bellini Nautica SpA FRA:F2F
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bellini Nautica SpA ROA % Calculation

Bellini Nautica SpA'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 )
=0.088/( (20.399+31.943)/ 2 )
=0.088/26.171
=0.34 %

Bellini Nautica SpA's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-0.06/( (22.143+31.943)/ 2 )
=-0.06/27.043
=-0.22 %

* 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 two times the semi-annual (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -0.22% mean?
Bellini Nautica SpA (FRA:F2F) has a ROA % of -0.22% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Bellini Nautica SpA and its competitors. According to the industry distribution chart, Bellini Nautica SpA ranks #974 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 72.9%.
Is Bellini Nautica SpA's ROA % too high?
Bellini Nautica SpA's current ROA % is -0.22%. Based on the distribution chart, Bellini Nautica SpA ranks #974 out of 1336 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Bellini Nautica SpA has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bellini Nautica SpA's ROA % compare to BC and THO?
According to the Vehicles & Parts industry distribution chart, Bellini Nautica SpA ranks #974 out of 1336 companies for ROA %. This places Bellini Nautica SpA in the lower half of its industry. The industry median ROA % is 2.95. 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 Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 2.95, based on 1,336 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. 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 Bellini Nautica SpA and its competitors. For the Vehicles & Parts industry, the median ROA % is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bellini Nautica SpA's current ROA % is -0.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellini Nautica SpA stock overvalued right now?
Based on GuruFocus' analysis, Bellini Nautica SpA (FRA:F2F) is currently considered Significantly Undervalued. The stock's GF Value™ is €4.55, compared to a current price of €2.86 — trading 37.1% below its estimated fair value. The current ROA % is -0.22%. Bellini Nautica SpA's overall GF Score™ is 75/100 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 Bellini Nautica SpA (FRA:F2F), the current ROA % is -0.22% as of Dec. 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 Bellini Nautica SpA (FRA:F2F) Overvalued in 2026?

Based on GuruFocus' analysis, Bellini Nautica SpA stock appears to be undervalued. The current stock price of €2.86 is trading 37.1% below its estimated GF Value™ of €4.55. GuruFocus considers Bellini Nautica SpA to be Significantly Undervalued.

Key valuation signals for FRA:F2F:

  • ROA %: -0.22%
  • GF Value™: €4.55 vs. price of €2.86 (37.1% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the FRA:F2F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bellini Nautica SpA Business Description

Other Exchanges BELL:Italy
Address Via Carlo Lanza, 28, Clusane d'Iseo, Brescia, ITA, 25049
Bellini Nautica SpA offers recreational vehicles. It specializes in the commercialization of high-end pleasure boats, with its offerings spanning different kinds of boats such as the Bellini yachts like B Atelier and Astor 36, and Vintage Riva boats like Florida Shore, Riva Junior, Sebino Shore, and others. The company also offers boat-related maintenance and restoration services.
75GF Score

Get the complete analysis for FRA:F2F

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

€2.86
Price
€4.55
GF Value