WingstopFRA:WST -3.33%82 ROA % is 17.93% as of Mar. 2026, which is 5% above its 10-year median of 17.12. GuruFocus rates FRA:WST with a GF Score™ of 82/100 and a GF Value™ of €319.94 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 367 Restaurants companies, Wingstop ranks better than 94.55% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Wingstop's annualizedNet Income for the quarter that ended in Mar. 2026 was €103.4 Mil.
Wingstop's average Total Assets over the quarter that ended in Mar. 2026 was €576.7 Mil. Therefore, Wingstop's annualized ROA % for the quarter that ended in Mar. 2026 was 17.93%.
The historical rank and industry rank for Wingstop's ROA % or its related term are showing as below:
FRA:WST'
s ROA % Range Over the Past 10 Years
Min: 11.85 Med: 17.12 Max: 24.72
Current: 16.13
During the past 13 years, Wingstop's highest ROA % was 24.72%. The lowest was 11.85%. And the median was 17.12%.
FRA:WST's ROA % is ranked better than 94.55% of 367
companies
in the Restaurants industry
Industry Median: 2.15
vs FRA:WST: 16.13
Wingstop (FRA:WST) 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.
Wingstop ROA % Related Terms
Wingstop ROA % Historical Data
* Premium members only.
The historical data trend for Wingstop'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 Restaurants subindustry, Wingstop'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.
Wingstop ROA % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Wingstop's ROA % distribution charts can be found below:
* The bar in red indicates where Wingstop'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.
Wingstop (FRA:WST) has a ROA % of 17.93% 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 Wingstop and its competitors. This is near median its historical median of 17.12. Over the past decade, Wingstop's ROA % has ranged from 11.85 to 24.72. According to the industry distribution chart, Wingstop ranks #20 out of 367 companies in the Restaurants industry, placing it in the top 5.4%.
Is Wingstop's ROA % too high?
Wingstop's current ROA % of 17.93% is near median its 10-year median of 17.12. Over the past 10 years, this metric has ranged from a low of 11.85 to a high of 24.72. The Restaurants industry median ROA % is 2.15. Wingstop's value of 17.93% is 734% above this industry median. Based on the distribution chart, Wingstop ranks #20 out of 367 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Wingstop has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wingstop's ROA % compare to CAKE and SHAK?
According to the Restaurants industry distribution chart, Wingstop ranks #20 out of 367 companies for ROA %. This places Wingstop in the top 5% of its industry — outperforming the majority of peers. The industry median ROA % is 2.15. Wingstop's value of 17.93% is 734% above this benchmark. Historically, Wingstop's own ROA % has ranged from 11.85 to 24.72 over the past decade. While the company's 10-year median is 17.12 vs. the industry median of 2.15, Wingstop 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 Restaurants company?
The median ROA % among Restaurants companies is 2.15, based on 367 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. Wingstop's current ROA % of 17.93% is 734% 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 Wingstop and its competitors. For the Restaurants industry, the median ROA % is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wingstop's current ROA % is 17.93%, which is near median its own 10-year median of 17.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wingstop stock overvalued right now?
Based on GuruFocus' analysis, Wingstop (FRA:WST) is currently considered Significantly Undervalued. The stock's GF Value™ is €319.94, compared to a current price of €130.75 — trading 59.1% below its estimated fair value. The current ROA % is 17.93%, which is near median its 10-year median of 17.12 and 734% above the Restaurants industry median of 2.15. Wingstop's overall GF Score™ is 82/100 with 2 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 Wingstop (FRA:WST), the current ROA % is 17.93% 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 Wingstop (FRA:WST) Overvalued in 2026?
Based on GuruFocus' analysis, Wingstop stock appears to be undervalued.
The current stock price of €130.75 is trading 59.1% below its estimated GF Value™ of €319.94.
GuruFocus considers Wingstop to be Significantly Undervalued.
Key valuation signals for FRA:WST:
ROA %: 17.93% (near median its 10-year median of 17.12)
GF Value™: €319.94 vs. price of €130.75 (59.1% below fair value)
Industry Position: 734% above the Restaurants median (#20 of 367)
No single metric tells the full story. See the FRA:WST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wingstop is a fast casual restaurant concept built around a simple chicken-centric menu. The firm primarily offers bone-in and boneless wings, tenders, and a chicken sandwich, customizable across 12 flavors. The banner generated $5.3 billion in system sales in 2025 across 3,056 units, with 85% located in the US. Wingstop largely operates as a franchisor, with 98% of units franchised, and earns revenue largely from collecting royalties and advertising fees paid by franchisees, with a smaller contribution from company-owned restaurant sales.
82GF Score
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