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New Jersey ResourcesFRA:NJ1 -1.26%70 ROA % is 0.49% as of Jun. 2026, which is 88% below its 10-year median of 3.95. GuruFocus rates FRA:NJ1 with a GF Score™ of 70/100 and a GF Value™ of €46.25 (Fairly Valued). The stock has 8 warning signs investors should review. Among 507 Utilities - Regulated companies, New Jersey Resources ranks better than 69.63% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. New Jersey Resources's annualizedNet Income for the quarter that ended in Jun. 2026 was €34 Mil.
New Jersey Resources's average Total Assets over the quarter that ended in Jun. 2026 was €6,918 Mil. Therefore, New Jersey Resources's annualized ROA % for the quarter that ended in Jun. 2026 was 0.49%.
The historical rank and industry rank for New Jersey Resources's ROA % or its related term are showing as below:
FRA:NJ1'
s ROA % Range Over the Past 10 Years
Min: 2.14 Med: 3.95 Max: 5.78
Current: 4.73
During the past 13 years, New Jersey Resources's highest ROA % was 5.78%. The lowest was 2.14%. And the median was 3.95%.
FRA:NJ1's ROA % is ranked better than 69.63% of 507
companies
in the Utilities - Regulated industry
Industry Median: 3.07
vs FRA:NJ1: 4.73
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 (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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 Utilities - Regulated Gas subindustry, New Jersey Resources'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.
New Jersey Resources ROA % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, New Jersey Resources's ROA % distribution charts can be found below:
* The bar in red indicates where New Jersey Resources'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 (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
New Jersey Resources (FRA:NJ1) has a ROA % of 0.49% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on New Jersey Resources and its competitors. This is 88% below median its historical median of 3.95. Over the past decade, New Jersey Resources' ROA % has ranged from 2.14 to 5.78. According to the industry distribution chart, New Jersey Resources ranks #154 out of 507 companies in the Utilities - Regulated industry, placing it in the top 30.4%.
Is New Jersey Resources' ROA % too high?
New Jersey Resources' current ROA % of 0.49% is 88% below median its 10-year median of 3.95. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 5.78. The Utilities - Regulated industry median ROA % is 3.07. New Jersey Resources' value of 0.49% is 84% below this industry median. Based on the distribution chart, New Jersey Resources ranks #154 out of 507 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, New Jersey Resources has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does New Jersey Resources' ROA % compare to BKH and SWX?
According to the Utilities - Regulated industry distribution chart, New Jersey Resources ranks #154 out of 507 companies for ROA %. This puts New Jersey Resources in the upper half of its industry. The industry median ROA % is 3.07. New Jersey Resources' value of 0.49% is 84% below this benchmark. Historically, New Jersey Resources' own ROA % has ranged from 2.14 to 5.78 over the past decade. While the company's 10-year median is 3.95 vs. the industry median of 3.07, New Jersey Resources 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 an Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.07, based on 507 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. New Jersey Resources's current ROA % of 0.49% is 84% 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 New Jersey Resources and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Jersey Resources's current ROA % is 0.49%, which is 88% below median its own 10-year median of 3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Jersey Resources stock overvalued right now?
Based on GuruFocus' analysis, New Jersey Resources (FRA:NJ1) is currently considered Fairly Valued. The stock's GF Value™ is €46.25, compared to a current price of €47.00 — trading 1.6% above its estimated fair value. The current ROA % is 0.49%, which is 88% below median its 10-year median of 3.95 and 84% below the Utilities - Regulated industry median of 3.07. New Jersey Resources' overall GF Score™ is 70/100 with 8 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 New Jersey Resources (FRA:NJ1), the current ROA % is 0.49% as of Jun. 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 New Jersey Resources (FRA:NJ1) Overvalued in 2026?
Based on GuruFocus' analysis, New Jersey Resources stock appears to be overvalued.
The current stock price of €47.00 is trading 1.6% above its estimated GF Value™ of €46.25.
GuruFocus considers New Jersey Resources to be Fairly Valued.
Key valuation signals for FRA:NJ1:
ROA %: 0.49% (88% below median its 10-year median of 3.95)
GF Value™: €46.25 vs. price of €47.00 (1.6% above fair value)
Industry Position: 84% below the Utilities - Regulated median (#154 of 507)
No single metric tells the full story. See the FRA:NJ1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to nearly 600,000 customers in the state. NJR's nonregulated businesses include investments in commercial solar projects and several large midstream natural gas projects.
70GF Score
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