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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Art's-Way Manufacturing Co's annualizedNet Income for the quarter that ended in May. 2026 was €0.59 Mil.
Art's-Way Manufacturing Co's average Total Assets over the quarter that ended in May. 2026 was €20.52 Mil. Therefore, Art's-Way Manufacturing Co's annualized ROA % for the quarter that ended in May. 2026 was 2.88%.
The historical rank and industry rank for Art's-Way Manufacturing Co's ROA % or its related term are showing as below:
FRA:ID2'
s ROA % Range Over the Past 10 Years
Min: -14.82 Med: -1.18 Max: 4.73
Current: -0.1
During the past 13 years, Art's-Way Manufacturing Co's highest ROA % was 4.73%. The lowest was -14.82%. And the median was -1.18%.
FRA:ID2's ROA % is ranked worse than 77.46% of 213
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 3.81
vs FRA:ID2: -0.10
Art's-Way Manufacturing Co (FRA:ID2) 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 banks 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:
Note:
The Net Income data used here is four times the quarterly (May. 2026) net income data. The Revenue data used here is four times the quarterly (May. 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.
* 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.
For the Farm & Heavy Construction Machinery subindustry, Art's-Way Manufacturing Co'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.
Art's-Way Manufacturing Co ROA % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Art's-Way Manufacturing Co's ROA % distribution charts can be found below:
* The bar in red indicates where Art's-Way Manufacturing Co's ROA % falls into.
* 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 (May. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Art's-Way Manufacturing Co (FRA:ID2) has a ROA % of 2.88% as of May. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Art's-Way Manufacturing Co and its competitors. According to the industry distribution chart, Art's-Way Manufacturing Co ranks #165 out of 213 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 77.5%.
Is Art's-Way Manufacturing Co's ROA % too high?
Art's-Way Manufacturing Co's current ROA % is 2.88%. The Farm & Heavy Construction Machinery industry median ROA % is 3.81. Art's-Way Manufacturing Co's value of 2.88% is 24.4% below this industry median. Based on the distribution chart, Art's-Way Manufacturing Co ranks #165 out of 213 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Art's-Way Manufacturing Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Art's-Way Manufacturing Co's ROA % compare to GP and CLEV?
According to the Farm & Heavy Construction Machinery industry distribution chart, Art's-Way Manufacturing Co ranks #165 out of 213 companies for ROA %. This places Art's-Way Manufacturing Co in the lower half of its industry. The industry median ROA % is 3.81. Art's-Way Manufacturing Co's value of 2.88% is 24.4% below 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 Farm & Heavy Construction Machinery company?
The median ROA % among Farm & Heavy Construction Machinery companies is 3.81, based on 213 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. Art's-Way Manufacturing Co's current ROA % of 2.88% is 24.4% below 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 Art's-Way Manufacturing Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROA % is 3.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Art's-Way Manufacturing Co's current ROA % is 2.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Art's-Way Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Art's-Way Manufacturing Co (FRA:ID2) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.57, compared to a current price of €2.56 — trading 63.1% above its estimated fair value. The current ROA % is 2.88% and 24.4% below the Farm & Heavy Construction Machinery industry median of 3.81. Art's-Way Manufacturing Co's overall GF Score™ is 55/100 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 Art's-Way Manufacturing Co (FRA:ID2), the current ROA % is 2.88% as of May. 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 Art's-Way Manufacturing Co (FRA:ID2) Overvalued in 2026?
Based on GuruFocus' analysis, Art's-Way Manufacturing Co stock appears to be overvalued.
The current stock price of €2.56 is trading 63.1% above its estimated GF Value™ of €1.57.
GuruFocus considers Art's-Way Manufacturing Co to be Significantly Overvalued.
Key valuation signals for FRA:ID2:
ROA %: 2.88%
GF Value™: €1.57 vs. price of €2.56 (63.1% above fair value)
Industry Position: 24.4% below the Farm & Heavy Construction Machinery median (#165 of 213)
No single metric tells the full story. See the FRA:ID2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Art's-Way Manufacturing Co Inc is a manufacturer of agricultural equipment. It has two reportable segments: Agricultural Products and Modular Buildings. The Agricultural Products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and world wide. Its Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. It derives revenues from the Agricultural Products segment.
55GF Score
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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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