Barings BDCFRA:TRY +1.44%56 ROA % is 3.07% as of Mar. 2026, which is 12% below its 10-year median of 3.47. GuruFocus rates FRA:TRY with a GF Score™ of 56/100 and a GF Value™ of €7.25 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,635 Asset Management companies, Barings BDC ranks worse than 54.31% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Barings BDC's annualizedNet Income for the quarter that ended in Mar. 2026 was €69.17 Mil.
Barings BDC's average Total Assets over the quarter that ended in Mar. 2026 was €2,250.29 Mil. Therefore, Barings BDC's annualized ROA % for the quarter that ended in Mar. 2026 was 3.07%.
The historical rank and industry rank for Barings BDC's ROA % or its related term are showing as below:
FRA:TRY'
s ROA % Range Over the Past 10 Years
Min: -9.56 Med: 3.47 Max: 4.81
Current: 3.27
During the past 13 years, Barings BDC's highest ROA % was 4.81%. The lowest was -9.56%. And the median was 3.47%.
FRA:TRY's ROA % is ranked worse than 54.31% of 1635
companies
in the Asset Management industry
Industry Median: 3.97
vs FRA:TRY: 3.27
Barings BDC (FRA:TRY) 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.
Barings BDC ROA % Related Terms
Barings BDC ROA % Historical Data
* Premium members only.
The historical data trend for Barings BDC'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 Asset Management subindustry, Barings BDC'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.
Barings BDC ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Barings BDC's ROA % distribution charts can be found below:
* The bar in red indicates where Barings BDC'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.
Barings BDC (FRA:TRY) has a ROA % of 3.07% 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 Barings BDC and its competitors. This is 12% below median its historical median of 3.47. According to the industry distribution chart, Barings BDC ranks #888 out of 1635 companies in the Asset Management industry, placing it in the top 54.3%.
Is Barings BDC's ROA % too high?
Barings BDC's current ROA % of 3.07% is 12% below median its 10-year median of 3.47. The Asset Management industry median ROA % is 3.97. Barings BDC's value of 3.07% is 22.7% below this industry median. Based on the distribution chart, Barings BDC ranks #888 out of 1635 companies in the Asset Management industry, which is below the industry midpoint. Overall, Barings BDC has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Barings BDC's ROA % compare to RPC and HTD?
According to the Asset Management industry distribution chart, Barings BDC ranks #888 out of 1635 companies for ROA %. This places Barings BDC in the lower half of its industry. The industry median ROA % is 3.97. Barings BDC's value of 3.07% is 22.7% below this benchmark. While the company's 10-year median is 3.47 vs. the industry median of 3.97, Barings BDC 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 Asset Management company?
The median ROA % among Asset Management companies is 3.97, based on 1,635 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. Barings BDC's current ROA % of 3.07% is 22.7% 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 Barings BDC and its competitors. For the Asset Management industry, the median ROA % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barings BDC's current ROA % is 3.07%, which is 12% below median its own 10-year median of 3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barings BDC stock overvalued right now?
Based on GuruFocus' analysis, Barings BDC (FRA:TRY) is currently considered Fairly Valued. The stock's GF Value™ is €7.25, compared to a current price of €7.03 — trading 3% below its estimated fair value. The current ROA % is 3.07%, which is 12% below median its 10-year median of 3.47 and 22.7% below the Asset Management industry median of 3.97. Barings BDC's overall GF Score™ is 56/100 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 Barings BDC (FRA:TRY), the current ROA % is 3.07% 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 Barings BDC (FRA:TRY) Overvalued in 2026?
Based on GuruFocus' analysis, Barings BDC stock appears to be undervalued.
The current stock price of €7.03 is trading 3% below its estimated GF Value™ of €7.25.
GuruFocus considers Barings BDC to be Fairly Valued.
Key valuation signals for FRA:TRY:
ROA %: 3.07% (12% below median its 10-year median of 3.47)
GF Value™: €7.25 vs. price of €7.03 (3% below fair value)
Industry Position: 22.7% below the Asset Management median (#888 of 1635)
No single metric tells the full story. See the FRA:TRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Barings BDC Inc operates as a closed-end, non-diversified investment company and has elected to be treated as a business development company. The company's investment objective is to generate current income by investing directly in privately held middle-market companies to help these companies fund acquisitions, growth, or refinancing. It employs fundamental credit analysis and targets investments in businesses with low levels of cyclicality and operating risk relative to other businesses in this market segment. The holding size of each position will generally be dependent upon a number of factors including total facility size, pricing and structure, and the number of other lenders in the facility.
56GF Score
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