Athena Technology Acquisition II (FRA:H4I) ROA %: -150.65% (As of Mar. 2026)

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FRA:H4I Athena Technology Acquisition Corp II FRA:H4I
32 GF Score
Price €10.60
! 3 Warning Signs
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What is Athena Technology Acquisition II ROA %?

Athena Technology Acquisition II FRA:H4I 32 ROA % is -150.65% as of Mar. 2026. GuruFocus rates FRA:H4I with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 554 Diversified Financial Services companies, Athena Technology Acquisition II ranks worse than 84.12% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Athena Technology Acquisition II's annualized Net Income for the quarter that ended in Mar. 2026 was €-1.61 Mil. Athena Technology Acquisition II's average Total Assets over the quarter that ended in Mar. 2026 was €1.07 Mil. Therefore, Athena Technology Acquisition II's annualized ROA % for the quarter that ended in Mar. 2026 was -150.65%.

The historical rank and industry rank for Athena Technology Acquisition II's ROA % or its related term are showing as below:

FRA:H4I' s ROA % Range Over the Past 10 Years
Min: -43.67   Med: -8.32   Max: 0.93
Current: -36.48

During the past 5 years, Athena Technology Acquisition II's highest ROA % was 0.93%. The lowest was -43.67%. And the median was -8.32%.

FRA:H4I's ROA % is ranked worse than
84.12% of 554 companies
in the Diversified Financial Services industry
Industry Median: 0.745 vs FRA:H4I: -36.48

Athena Technology Acquisition II  (FRA:H4I) 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
=-1.612/1.07
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.612 / 0)*(0 / 1.07)
=Net Margin %*Asset Turnover
=N/A %*0
=-150.65 %

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.


Athena Technology Acquisition II ROA % Related Terms


Athena Technology Acquisition II ROA % Historical Data

* Premium members only.

The historical data trend for Athena Technology Acquisition II'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.

Athena Technology Acquisition II ROA % Chart

Athena Technology Acquisition II Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
0.00 0.58 0.91 -17.81 -40.02

Athena Technology Acquisition II Quarterly Data
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 -66.08 -58.40 65.96 -86.93 -150.65

FRA:H4I vs LCCC, RFAI, RACC: ROA % Comparison

For the Shell Companies subindustry, Athena Technology Acquisition II'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.


Athena Technology Acquisition II ROA % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Athena Technology Acquisition II's ROA % distribution charts can be found below:

* The bar in red indicates where Athena Technology Acquisition II's ROA % falls into.


FRA:H4I
32GF Score
Athena Technology Acquisition Corp II FRA:H4I
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Athena Technology Acquisition II ROA % Calculation

Athena Technology Acquisition II'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 )
=-1.085/( (4.266+1.156)/ 2 )
=-1.085/2.711
=-40.02 %

Athena Technology Acquisition II'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 )
=-1.612/( (1.156+0.984)/ 2 )
=-1.612/1.07
=-150.65 %

* 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 -150.65% mean?
Athena Technology Acquisition II (FRA:H4I) has a ROA % of -150.65% 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 Athena Technology Acquisition II and its competitors. According to the industry distribution chart, Athena Technology Acquisition II ranks #466 out of 554 companies in the Diversified Financial Services industry, placing it in the top 84.1%.
Is Athena Technology Acquisition II's ROA % too high?
Athena Technology Acquisition II's current ROA % is -150.65%. Based on the distribution chart, Athena Technology Acquisition II ranks #466 out of 554 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Athena Technology Acquisition II has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Athena Technology Acquisition II's ROA % compare to LCCC and RFAI?
According to the Diversified Financial Services industry distribution chart, Athena Technology Acquisition II ranks #466 out of 554 companies for ROA %. This places Athena Technology Acquisition II in the lower half of its industry. The industry median ROA % is 0.75. 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 Diversified Financial Services company?
The median ROA % among Diversified Financial Services companies is 0.75, based on 554 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 Athena Technology Acquisition II and its competitors. For the Diversified Financial Services industry, the median ROA % is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Athena Technology Acquisition II's current ROA % is -150.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Athena Technology Acquisition II stock overvalued right now?
Athena Technology Acquisition II (FRA:H4I) has a current ROA % of -150.65%. The current ROA % is -150.65%. Athena Technology Acquisition II's overall GF Score™ is 32/100 with 3 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 Athena Technology Acquisition II (FRA:H4I), the current ROA % is -150.65% 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.

Athena Technology Acquisition II Business Description

Other Exchanges ATEK:USA
Address 442 5th Avenue, New York, NY, USA, 10018
Athena Technology Acquisition Corp II is a blank check company.
32GF Score

Get the complete analysis for FRA:H4I

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

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