Heritage GlobalFRA:LGC 82 ROA % is 3.33% as of Mar. 2026, which is 71% below its 10-year median of 11.49. GuruFocus rates FRA:LGC with a GF Score™ of 82/100 and a GF Value™ of €1.93 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 816 Capital Markets companies, Heritage Global ranks better than 68.26% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Heritage Global's annualizedNet Income for the quarter that ended in Mar. 2026 was €2.48 Mil.
Heritage Global's average Total Assets over the quarter that ended in Mar. 2026 was €74.52 Mil. Therefore, Heritage Global's annualized ROA % for the quarter that ended in Mar. 2026 was 3.33%.
The historical rank and industry rank for Heritage Global's ROA % or its related term are showing as below:
FRA:LGC'
s ROA % Range Over the Past 10 Years
Min: -1.74 Med: 11.49 Max: 29.06
Current: 3.73
During the past 13 years, Heritage Global's highest ROA % was 29.06%. The lowest was -1.74%. And the median was 11.49%.
FRA:LGC's ROA % is ranked better than 68.26% of 816
companies
in the Capital Markets industry
Industry Median: 1.495
vs FRA:LGC: 3.73
Heritage Global (FRA:LGC) 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 (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.
Heritage Global ROA % Related Terms
Heritage Global ROA % Historical Data
* Premium members only.
The historical data trend for Heritage Global'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.
For the Capital Markets subindustry, Heritage Global'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.
Heritage Global ROA % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Heritage Global's ROA % distribution charts can be found below:
* The bar in red indicates where Heritage Global'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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Heritage Global (FRA:LGC) has a ROA % of 3.33% 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 Heritage Global and its competitors. This is 71% below median its historical median of 11.49. According to the industry distribution chart, Heritage Global ranks #259 out of 816 companies in the Capital Markets industry, placing it in the top 31.7%.
Is Heritage Global's ROA % too high?
Heritage Global's current ROA % of 3.33% is 71% below median its 10-year median of 11.49. The Capital Markets industry median ROA % is 1.50. Heritage Global's value of 3.33% is 122.7% above this industry median. Based on the distribution chart, Heritage Global ranks #259 out of 816 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Heritage Global has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heritage Global's ROA % compare to MATH and GSIW?
According to the Capital Markets industry distribution chart, Heritage Global ranks #259 out of 816 companies for ROA %. This puts Heritage Global in the upper half of its industry. The industry median ROA % is 1.50. Heritage Global's value of 3.33% is 122.7% above this benchmark. While the company's 10-year median is 11.49 vs. the industry median of 1.50, Heritage Global 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 Capital Markets company?
The median ROA % among Capital Markets companies is 1.50, based on 816 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. Heritage Global's current ROA % of 3.33% is 122.7% 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 Heritage Global and its competitors. For the Capital Markets industry, the median ROA % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heritage Global's current ROA % is 3.33%, which is 71% below median its own 10-year median of 11.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heritage Global stock overvalued right now?
Based on GuruFocus' analysis, Heritage Global (FRA:LGC) is currently considered Possible Value Trap. The stock's GF Value™ is €1.93, compared to a current price of €1.03 — trading 46.6% below its estimated fair value. The current ROA % is 3.33%, which is 71% below median its 10-year median of 11.49 and 122.7% above the Capital Markets industry median of 1.50. Heritage Global's overall GF Score™ is 82/100 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 Heritage Global (FRA:LGC), the current ROA % is 3.33% 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 Heritage Global (FRA:LGC) Overvalued in 2026?
Based on GuruFocus' analysis, Heritage Global stock appears to be undervalued.
The current stock price of €1.03 is trading 46.6% below its estimated GF Value™ of €1.93.
GuruFocus considers Heritage Global to be Possible Value Trap.
Key valuation signals for FRA:LGC:
ROA %: 3.33% (71% below median its 10-year median of 11.49)
GF Value™: €1.93 vs. price of €1.03 (46.6% below fair value)
Industry Position: 122.7% above the Capital Markets median (#259 of 816)
No single metric tells the full story. See the FRA:LGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It operates in four segments. The Auction and Liquidation segment, which operates as a full-service auction, appraisal, and asset advisory firm, includes the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment. The Refurbishment & Resale segment acquires, refurbishes, and supplies specialized laboratory equipment. Brokerage segment, through NLEX, brokers charged-off receivables in the U.S. and Canada on behalf of financial institutions. The Specialty Lending segment, which provides specialty financing solutions to investors in charged-off and nonperforming asset portfolios.
82GF Score
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