Future (FRA:FNWA) ROA %: 1.47% (As of Mar. 2026) — 64% Below Median


FRA:FNWA Future PLC FRA:FNWA
61 GF Score
Price €3.30
GF Value €9.11
Valuation Possible Value Trap
! 6 Warning Signs
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What is Future ROA %?

Future FRA:FNWA 61 ROA % is 1.47% as of Mar. 2026, which is 64% below its 10-year median of 4.13. GuruFocus rates FRA:FNWA with a GF Score™ of 61/100 and a GF Value™ of €9.11 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,042 Media - Diversified companies, Future ranks better than 59.6% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Future's annualized Net Income for the quarter that ended in Mar. 2026 was €28.1 Mil. Future's average Total Assets over the quarter that ended in Mar. 2026 was €1,910.2 Mil. Therefore, Future's annualized ROA % for the quarter that ended in Mar. 2026 was 1.47%.

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

FRA:FNWA' s ROA % Range Over the Past 10 Years
Min: -24.42   Med: 4.13   Max: 8.88
Current: 2.18

During the past 13 years, Future's highest ROA % was 8.88%. The lowest was -24.42%. And the median was 4.13%.

FRA:FNWA's ROA % is ranked better than
59.6% of 1042 companies
in the Media - Diversified industry
Industry Median: 0.65 vs FRA:FNWA: 2.18

Future  (FRA:FNWA) 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
=28.142/1910.2045
=(Net Income / Revenue)*(Revenue / Total Assets)
=(28.142 / 805.258)*(805.258 / 1910.2045)
=Net Margin %*Asset Turnover
=3.49 %*0.4216
=1.47 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Future ROA % Related Terms


Future ROA % Historical Data

* Premium members only.

The historical data trend for Future'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.

Future ROA % Chart

Future Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.99 6.75 5.95 4.34 3.90

Future Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 3.70 4.99 4.91 2.85 1.47

FRA:FNWA vs NYT, WLY: ROA % Comparison

For the Publishing subindustry, Future'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.


Future ROA % vs Media - Diversified Industry

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

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


FRA:FNWA
61GF Score
Future PLC FRA:FNWA
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Future ROA % Calculation

Future's annualized ROA % for the fiscal year that ended in Sep. 2025 is calculated as:

ROA %=Net Income (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=76.335/( (2035.593+1880.272)/ 2 )
=76.335/1957.9325
=3.90 %

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

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=28.142/( (1880.272+1940.137)/ 2 )
=28.142/1910.2045
=1.47 %

* 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 (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 1.47% mean?
Future (FRA:FNWA) has a ROA % of 1.47% 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 Future and its competitors. This is 64% below median its historical median of 4.13. According to the industry distribution chart, Future ranks #421 out of 1042 companies in the Media - Diversified industry, placing it in the top 40.4%.
Is Future's ROA % too high?
Future's current ROA % of 1.47% is 64% below median its 10-year median of 4.13. The Media - Diversified industry median ROA % is 0.65. Future's value of 1.47% is 126.2% above this industry median. Based on the distribution chart, Future ranks #421 out of 1042 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Future has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Future's ROA % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Future ranks #421 out of 1042 companies for ROA %. This puts Future in the upper half of its industry. The industry median ROA % is 0.65. Future's value of 1.47% is 126.2% above this benchmark. While the company's 10-year median is 4.13 vs. the industry median of 0.65, Future 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 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. Future's current ROA % of 1.47% is 126.2% 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 Future 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. Future's current ROA % is 1.47%, which is 64% below median its own 10-year median of 4.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future stock overvalued right now?
Based on GuruFocus' analysis, Future (FRA:FNWA) is currently considered Possible Value Trap. The stock's GF Value™ is €9.11, compared to a current price of €3.30 — trading 63.8% below its estimated fair value. The current ROA % is 1.47%, which is 64% below median its 10-year median of 4.13 and 126.2% above the Media - Diversified industry median of 0.65. Future's overall GF Score™ is 61/100 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 Future (FRA:FNWA), the current ROA % is 1.47% 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 Future (FRA:FNWA) Overvalued in 2026?

Based on GuruFocus' analysis, Future stock appears to be undervalued. The current stock price of €3.30 is trading 63.8% below its estimated GF Value™ of €9.11. GuruFocus considers Future to be Possible Value Trap.

Key valuation signals for FRA:FNWA:

  • ROA %: 1.47% (64% below median its 10-year median of 4.13)
  • GF Value™: €9.11 vs. price of €3.30 (63.8% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 126.2% above the Media - Diversified median (#421 of 1042)

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


Future Business Description

Other Exchanges FUTRl:UKFUTR:UK
Address Quay House, The Ambury, Bath, GBR, BA1 1UA
Future PLC is a platform for specialist media underpinned by proprietary technology and enabled by data, with diversified revenue streams. It focuses on various areas which include technology, games, films, music, and photography under brands such as Louder, Tom's Guide, PC Gamer, Digital Camera World, Marie Claire, and others. The company functions through the following divisions; the Media division which generates maximum revenue includes income from digital advertising, affiliate revenue for products, rewards, price comparison and events; and the Magazine division includes revenue associated with digital or printed magazines or bookazines from advertising, to subscriptions, to newstrade. Its reportable segments include the United Kingdom which derives key revenue, and the United States.
61GF Score

Get the complete analysis for FRA:FNWA

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

€3.30
Price
€9.11
GF Value