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MDU Resources GroupFRA:MRE -0.58%74 ROA % is 4.25% as of Mar. 2026, which is 1% below its 10-year median of 4.28. GuruFocus rates FRA:MRE with a GF Score™ of 74/100 and a GF Value™ of €15.23 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 510 Utilities - Regulated companies, MDU Resources Group ranks worse than 58.43% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. MDU Resources Group's annualizedNet Income for the quarter that ended in Mar. 2026 was €280 Mil.
MDU Resources Group's average Total Assets over the quarter that ended in Mar. 2026 was €6,578 Mil. Therefore, MDU Resources Group's annualized ROA % for the quarter that ended in Mar. 2026 was 4.25%.
The historical rank and industry rank for MDU Resources Group's ROA % or its related term are showing as below:
FRA:MRE'
s ROA % Range Over the Past 10 Years
Min: 1 Med: 4.28 Max: 4.96
Current: 2.6
During the past 13 years, MDU Resources Group's highest ROA % was 4.96%. The lowest was 1.00%. And the median was 4.28%.
FRA:MRE's ROA % is ranked worse than 58.43% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.05
vs FRA:MRE: 2.60
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.
MDU Resources Group ROA % Related Terms
MDU Resources Group ROA % Historical Data
* Premium members only.
The historical data trend for MDU Resources Group'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 Utilities - Regulated Gas subindustry, MDU Resources Group'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.
MDU Resources Group ROA % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, MDU Resources Group's ROA % distribution charts can be found below:
* The bar in red indicates where MDU Resources Group'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.
MDU Resources Group (FRA:MRE) has a ROA % of 4.25% 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 MDU Resources Group and its competitors. This is near median its historical median of 4.28. Over the past decade, MDU Resources Group's ROA % has ranged from 1.00 to 4.96. According to the industry distribution chart, MDU Resources Group ranks #298 out of 510 companies in the Utilities - Regulated industry, placing it in the top 58.4%.
Is MDU Resources Group's ROA % too high?
MDU Resources Group's current ROA % of 4.25% is near median its 10-year median of 4.28. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 4.96. The Utilities - Regulated industry median ROA % is 3.05. MDU Resources Group's value of 4.25% is 39.3% above this industry median. Based on the distribution chart, MDU Resources Group ranks #298 out of 510 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, MDU Resources Group has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MDU Resources Group's ROA % compare to SR and OGS?
According to the Utilities - Regulated industry distribution chart, MDU Resources Group ranks #298 out of 510 companies for ROA %. This places MDU Resources Group in the lower half of its industry. The industry median ROA % is 3.05. MDU Resources Group's value of 4.25% is 39.3% above this benchmark. Historically, MDU Resources Group's own ROA % has ranged from 1.00 to 4.96 over the past decade. While the company's 10-year median is 4.28 vs. the industry median of 3.05, MDU Resources Group 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 an Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.05, based on 510 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. MDU Resources Group's current ROA % of 4.25% is 39.3% 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 MDU Resources Group and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDU Resources Group's current ROA % is 4.25%, which is near median its own 10-year median of 4.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDU Resources Group stock overvalued right now?
Based on GuruFocus' analysis, MDU Resources Group (FRA:MRE) is currently considered Modestly Overvalued. The stock's GF Value™ is €15.23, compared to a current price of €17.20 — trading 12.9% above its estimated fair value. The current ROA % is 4.25%, which is near median its 10-year median of 4.28 and 39.3% above the Utilities - Regulated industry median of 3.05. MDU Resources Group's overall GF Score™ is 74/100 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 MDU Resources Group (FRA:MRE), the current ROA % is 4.25% 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 MDU Resources Group (FRA:MRE) Overvalued in 2026?
Based on GuruFocus' analysis, MDU Resources Group stock appears to be overvalued.
The current stock price of €17.20 is trading 12.9% above its estimated GF Value™ of €15.23.
GuruFocus considers MDU Resources Group to be Modestly Overvalued.
Key valuation signals for FRA:MRE:
ROA %: 4.25% (near median its 10-year median of 4.28)
GF Value™: €15.23 vs. price of €17.20 (12.9% above fair value)
Industry Position: 39.3% above the Utilities - Regulated median (#298 of 510)
No single metric tells the full story. See the FRA:MRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MDU Resources Group Inc is a pure-play regulated energy delivery business. It is organized into three reportable business segments: Electric, Natural Gas Distribution, and Pipeline. Maximum revenue is generated from the Pipeline segment, which provides natural gas transportation and underground storage services through a FERC-regulated pipeline system mainly in the Rocky Mountain and northern Great Plains regions of the United States. This segment also provides non-regulated energy-related services, including cathodic protection. The electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming, and the natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon, and Washington.
74GF Score
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