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Firm Capital Property TrustFRMUF 71 ROA % is 2.59% as of Mar. 2026, which is 51% below its 10-year median of 5.29. GuruFocus rates FRMUF with a GF Score™ of 71/100 and a GF Value™ of $4.35 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 932 REITs companies, Firm Capital Property Trust ranks better than 57.3% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Firm Capital Property Trust's annualizedNet Income for the quarter that ended in Mar. 2026 was $12.17 Mil.
Firm Capital Property Trust's average Total Assets over the quarter that ended in Mar. 2026 was $469.43 Mil. Therefore, Firm Capital Property Trust's annualized ROA % for the quarter that ended in Mar. 2026 was 2.59%.
The historical rank and industry rank for Firm Capital Property Trust's ROA % or its related term are showing as below:
FRMUF'
s ROA % Range Over the Past 10 Years
Min: -0.2 Med: 5.29 Max: 11.05
Current: 3.97
During the past 13 years, Firm Capital Property Trust's highest ROA % was 11.05%. The lowest was -0.20%. And the median was 5.29%.
FRMUF's ROA % is ranked better than 57.3% of 932
companies
in the REITs industry
Industry Median: 3.2
vs FRMUF: 3.97
Firm Capital Property Trust (OTCPK:FRMUF) 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.
* 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 REIT - Retail subindustry, Firm Capital Property Trust'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.
Firm Capital Property Trust ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Firm Capital Property Trust's ROA % distribution charts can be found below:
* The bar in red indicates where Firm Capital Property Trust'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.
Firm Capital Property Trust (FRMUF) has a ROA % of 2.59% 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 Firm Capital Property Trust and its competitors. This is 51% below median its historical median of 5.29. According to the industry distribution chart, Firm Capital Property Trust ranks #398 out of 932 companies in the REITs industry, placing it in the top 42.7%.
Is Firm Capital Property Trust's ROA % too high?
Firm Capital Property Trust's current ROA % of 2.59% is 51% below median its 10-year median of 5.29. The REITs industry median ROA % is 3.20. Firm Capital Property Trust's value of 2.59% is 19.1% below this industry median. Based on the distribution chart, Firm Capital Property Trust ranks #398 out of 932 companies in the REITs industry, which is above the industry midpoint. Overall, Firm Capital Property Trust has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firm Capital Property Trust's ROA % compare to SPG and O?
According to the REITs industry distribution chart, Firm Capital Property Trust ranks #398 out of 932 companies for ROA %. This puts Firm Capital Property Trust in the upper half of its industry. The industry median ROA % is 3.20. Firm Capital Property Trust's value of 2.59% is 19.1% below this benchmark. While the company's 10-year median is 5.29 vs. the industry median of 3.20, Firm Capital Property Trust 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 a REITs company?
The median ROA % among REITs companies is 3.20, based on 932 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. Firm Capital Property Trust's current ROA % of 2.59% is 19.1% 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 Firm Capital Property Trust and its competitors. For the REITs industry, the median ROA % is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firm Capital Property Trust's current ROA % is 2.59%, which is 51% below median its own 10-year median of 5.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firm Capital Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Firm Capital Property Trust (FRMUF) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.35, compared to a current price of $4.93 — trading 13.3% above its estimated fair value. The current ROA % is 2.59%, which is 51% below median its 10-year median of 5.29 and 19.1% below the REITs industry median of 3.20. Firm Capital Property Trust's overall GF Score™ is 71/100 with 10 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 Firm Capital Property Trust (FRMUF), the current ROA % is 2.59% 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 Firm Capital Property Trust (FRMUF) Overvalued in 2026?
Based on GuruFocus' analysis, Firm Capital Property Trust stock appears to be overvalued.
The current stock price of $4.93 is trading 13.3% above its estimated GF Value™ of $4.35.
GuruFocus considers Firm Capital Property Trust to be Modestly Overvalued.
Key valuation signals for FRMUF:
ROA %: 2.59% (51% below median its 10-year median of 5.29)
GF Value™: $4.35 vs. price of $4.93 (13.3% above fair value)
Industry Position: 19.1% below the REITs median (#398 of 932)
No single metric tells the full story. See the FRMUF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Firm Capital Property Trust is a Canada-based open-ended real estate investment trust. The Trust operates in six reportable segments: grocery-anchored retail, non-grocery anchored retail, industrial, multi-residential, core service office provider, and manufactured homes community. A vast majority of its revenues are derived from the grocery-anchored retail segment. Its products and services are Mortgage Banking, Real Estate Investments, Private Equity, and Alternative Credit.
71GF Score
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