Shelly Group SEFRA:SLYG -0.67%96 ROA % is 21.89% as of Mar. 2026, which is 2% below its 10-year median of 22.24. GuruFocus rates FRA:SLYG with a GF Score™ of 96/100 and a GF Value™ of €66.50 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 565 Conglomerates companies, Shelly Group SE ranks better than 98.41% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shelly Group SE's annualizedNet Income for the quarter that ended in Mar. 2026 was €29.8 Mil.
Shelly Group SE's average Total Assets over the quarter that ended in Mar. 2026 was €136.3 Mil. Therefore, Shelly Group SE's annualized ROA % for the quarter that ended in Mar. 2026 was 21.89%.
The historical rank and industry rank for Shelly Group SE's ROA % or its related term are showing as below:
FRA:SLYG'
s ROA % Range Over the Past 10 Years
Min: 6.46 Med: 22.24 Max: 31.09
Current: 22.96
During the past 9 years, Shelly Group SE's highest ROA % was 31.09%. The lowest was 6.46%. And the median was 22.24%.
FRA:SLYG's ROA % is ranked better than 98.41% of 565
companies
in the Conglomerates industry
Industry Median: 2.47
vs FRA:SLYG: 22.96
Shelly Group SE (FRA:SLYG) 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.
Shelly Group SE ROA % Related Terms
Shelly Group SE ROA % Historical Data
* Premium members only.
The historical data trend for Shelly Group SE'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 Conglomerates subindustry, Shelly Group SE'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.
Shelly Group SE ROA % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Shelly Group SE's ROA % distribution charts can be found below:
* The bar in red indicates where Shelly Group SE'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.
Shelly Group SE (FRA:SLYG) has a ROA % of 21.89% 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 Shelly Group SE and its competitors. This is near median its historical median of 22.24. Over the past decade, Shelly Group SE's ROA % has ranged from 6.46 to 31.09. According to the industry distribution chart, Shelly Group SE ranks #9 out of 565 companies in the Conglomerates industry, placing it in the top 1.6%.
Is Shelly Group SE's ROA % too high?
Shelly Group SE's current ROA % of 21.89% is near median its 10-year median of 22.24. Over the past 10 years, this metric has ranged from a low of 6.46 to a high of 31.09. The Conglomerates industry median ROA % is 2.47. Shelly Group SE's value of 21.89% is 786.2% above this industry median. Based on the distribution chart, Shelly Group SE ranks #9 out of 565 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Shelly Group SE has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shelly Group SE's ROA % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Shelly Group SE ranks #9 out of 565 companies for ROA %. This places Shelly Group SE in the top 2% of its industry — outperforming the majority of peers. The industry median ROA % is 2.47. Shelly Group SE's value of 21.89% is 786.2% above this benchmark. Historically, Shelly Group SE's own ROA % has ranged from 6.46 to 31.09 over the past decade. While the company's 10-year median is 22.24 vs. the industry median of 2.47, Shelly Group SE 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 Conglomerates company?
The median ROA % among Conglomerates companies is 2.47, based on 565 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. Shelly Group SE's current ROA % of 21.89% is 786.2% 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 Shelly Group SE and its competitors. For the Conglomerates industry, the median ROA % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shelly Group SE's current ROA % is 21.89%, which is near median its own 10-year median of 22.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shelly Group SE stock overvalued right now?
Based on GuruFocus' analysis, Shelly Group SE (FRA:SLYG) is currently considered Modestly Undervalued. The stock's GF Value™ is €66.50, compared to a current price of €59.00 — trading 11.3% below its estimated fair value. The current ROA % is 21.89%, which is near median its 10-year median of 22.24 and 786.2% above the Conglomerates industry median of 2.47. Shelly Group SE's overall GF Score™ is 96/100 with 4 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 Shelly Group SE (FRA:SLYG), the current ROA % is 21.89% 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 Shelly Group SE (FRA:SLYG) Overvalued in 2026?
Based on GuruFocus' analysis, Shelly Group SE stock appears to be undervalued.
The current stock price of €59.00 is trading 11.3% below its estimated GF Value™ of €66.50.
GuruFocus considers Shelly Group SE to be Modestly Undervalued.
Key valuation signals for FRA:SLYG:
ROA %: 21.89% (near median its 10-year median of 22.24)
GF Value™: €66.50 vs. price of €59.00 (11.3% below fair value)
Industry Position: 786.2% above the Conglomerates median (#9 of 565)
No single metric tells the full story. See the FRA:SLYG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shelly Group SE is engaged in the acquisition, management, evaluation, and sale of participations in Bulgarian & foreign companies; acquisition, management, and sale of bonds; acquisition, evaluation, sale, and patents. The company delivers innovation through designing, producing, and distributing high-quality IoT products. The group manages the business with electronic devices as one operating segment. It derives the majority of its revenue from the sale of smart devices.
96GF Score
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