Tallinnadam AS (FRA:K9B) ROA %: 2.92% (As of Mar. 2026) — 28% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:K9B Tallinna Sadam AS FRA:K9B
58 GF Score
Price €1.22
GF Value €1.16
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Tallinnadam AS ROA %?

Tallinnadam AS FRA:K9B -0.81% 58 ROA % is 2.92% as of Mar. 2026, which is 28% below its 10-year median of 4.08. GuruFocus rates FRA:K9B with a GF Score™ of 58/100 and a GF Value™ of €1.16 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,009 Transportation companies, Tallinnadam AS ranks worse than 52.03% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tallinnadam AS's annualized Net Income for the quarter that ended in Mar. 2026 was €18.3 Mil. Tallinnadam AS's average Total Assets over the quarter that ended in Mar. 2026 was €627.1 Mil. Therefore, Tallinnadam AS's annualized ROA % for the quarter that ended in Mar. 2026 was 2.92%.

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

FRA:K9B' s ROA % Range Over the Past 10 Years
Min: 2.59   Med: 4.08   Max: 7.11
Current: 3.21

During the past 13 years, Tallinnadam AS's highest ROA % was 7.11%. The lowest was 2.59%. And the median was 4.08%.

FRA:K9B's ROA % is ranked worse than
52.03% of 1009 companies
in the Transportation industry
Industry Median: 3.42 vs FRA:K9B: 3.21

Tallinnadam AS  (FRA:K9B) 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
=18.296/627.1015
=(Net Income / Revenue)*(Revenue / Total Assets)
=(18.296 / 112.68)*(112.68 / 627.1015)
=Net Margin %*Asset Turnover
=16.24 %*0.1797
=2.92 %

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.


Tallinnadam AS ROA % Related Terms


Tallinnadam AS ROA % Historical Data

* Premium members only.

The historical data trend for Tallinnadam AS'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.

Tallinnadam AS ROA % Chart

Tallinnadam AS 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 4.07 4.09 2.59 3.10 3.59

Tallinnadam AS 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 4.29 2.20 5.49 2.29 2.92

FRA:K9B vs KEX: ROA % Comparison

For the Marine Shipping subindustry, Tallinnadam AS'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.


Tallinnadam AS ROA % vs Transportation Industry

For the Transportation industry and Industrials sector, Tallinnadam AS's ROA % distribution charts can be found below:

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


FRA:K9B
58GF Score
Tallinna Sadam AS FRA:K9B
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tallinnadam AS ROA % Calculation

Tallinnadam AS'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 )
=22.463/( (629.861+622.063)/ 2 )
=22.463/625.962
=3.59 %

Tallinnadam AS'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 )
=18.296/( (622.063+632.14)/ 2 )
=18.296/627.1015
=2.92 %

* 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 2.92% mean?
Tallinnadam AS (FRA:K9B) has a ROA % of 2.92% 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 Tallinnadam AS and its competitors. This is 28% below median its historical median of 4.08. Over the past decade, Tallinnadam AS's ROA % has ranged from 2.59 to 7.11. According to the industry distribution chart, Tallinnadam AS ranks #525 out of 1009 companies in the Transportation industry, placing it in the top 52%.
Is Tallinnadam AS's ROA % too high?
Tallinnadam AS's current ROA % of 2.92% is 28% below median its 10-year median of 4.08. Over the past 10 years, this metric has ranged from a low of 2.59 to a high of 7.11. The Transportation industry median ROA % is 3.42. Tallinnadam AS's value of 2.92% is 14.6% below this industry median. Based on the distribution chart, Tallinnadam AS ranks #525 out of 1009 companies in the Transportation industry, which is below the industry midpoint. Overall, Tallinnadam AS has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tallinnadam AS's ROA % compare to KEX?
According to the Transportation industry distribution chart, Tallinnadam AS ranks #525 out of 1009 companies for ROA %. This places Tallinnadam AS in the lower half of its industry. The industry median ROA % is 3.42. Tallinnadam AS's value of 2.92% is 14.6% below this benchmark. Historically, Tallinnadam AS's own ROA % has ranged from 2.59 to 7.11 over the past decade. While the company's 10-year median is 4.08 vs. the industry median of 3.42, Tallinnadam AS has consistently been below 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 Transportation company?
The median ROA % among Transportation companies is 3.42, based on 1,009 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. Tallinnadam AS's current ROA % of 2.92% is 14.6% 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 Tallinnadam AS and its competitors. For the Transportation industry, the median ROA % is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tallinnadam AS's current ROA % is 2.92%, which is 28% below median its own 10-year median of 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tallinnadam AS stock overvalued right now?
Based on GuruFocus' analysis, Tallinnadam AS (FRA:K9B) is currently considered Fairly Valued. The stock's GF Value™ is €1.16, compared to a current price of €1.22 — trading 5% above its estimated fair value. The current ROA % is 2.92%, which is 28% below median its 10-year median of 4.08 and 14.6% below the Transportation industry median of 3.42. Tallinnadam AS's overall GF Score™ is 58/100 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 Tallinnadam AS (FRA:K9B), the current ROA % is 2.92% 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 Tallinnadam AS (FRA:K9B) Overvalued in 2026?

Based on GuruFocus' analysis, Tallinnadam AS stock appears to be overvalued. The current stock price of €1.22 is trading 5% above its estimated GF Value™ of €1.16. GuruFocus considers Tallinnadam AS to be Fairly Valued.

Key valuation signals for FRA:K9B:

  • ROA %: 2.92% (28% below median its 10-year median of 4.08)
  • GF Value™: €1.16 vs. price of €1.22 (5% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 14.6% below the Transportation median (#525 of 1009)

No single metric tells the full story. See the FRA:K9B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tallinnadam AS Business Description

Other Exchanges TSM1T:Estonia
Address Sadama 25, Tallinn, EST, 15051
Tallinna Sadam AS is the owner and operator of the Port of Tallinn. It owns two passenger harbours and two cargo harbours. Through its subsidiary, the company also operates ferries and provides passenger transport services between Estonia's mainland and Saaremaa and Hiiumaa islands. The group's reportable segments are Passenger harbours, Cargo harbours, Ferry and Others. Maximum revenue is derived from the Passenger harbours segment, which represents revenue generated by passenger harbours consisting mainly of vessel dues collected from ferries and cruise ships, and passenger fees charged for using services provided by the harbours. Geographically, the group earns a majority of its revenue in Estonia.
58GF Score

Get the complete analysis for FRA:K9B

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

€1.22
Price
€1.16
GF Value