US Global InvestorsGROW +2.58%63 ROA % is 22.28% as of Mar. 2026, which is 2491% above its 10-year median of 0.86. GuruFocus rates GROW with a GF Score™ of 63/100 and a GF Value™ of $2.31 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,638 Asset Management companies, US Global Investors ranks better than 61.6% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. US Global Investors's annualizedNet Income for the quarter that ended in Mar. 2026 was $10.71 Mil.
US Global Investors's average Total Assets over the quarter that ended in Mar. 2026 was $48.07 Mil. Therefore, US Global Investors's annualized ROA % for the quarter that ended in Mar. 2026 was 22.28%.
The historical rank and industry rank for US Global Investors's ROA % or its related term are showing as below:
GROW'
s ROA % Range Over the Past 10 Years
Min: -22.01 Med: 0.86 Max: 78.83
Current: 6.53
During the past 13 years, US Global Investors's highest ROA % was 78.83%. The lowest was -22.01%. And the median was 0.86%.
GROW's ROA % is ranked better than 61.6% of 1638
companies
in the Asset Management industry
Industry Median: 3.95
vs GROW: 6.53
US Global Investors (NAS:GROW) 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.
US Global Investors ROA % Related Terms
US Global Investors ROA % Historical Data
* Premium members only.
The historical data trend for US Global Investors'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, US Global Investors'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.
US Global Investors ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, US Global Investors's ROA % distribution charts can be found below:
* The bar in red indicates where US Global Investors'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.
US Global Investors (GROW) has a ROA % of 22.28% 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 US Global Investors and its competitors. This is 2491% above median its historical median of 0.86. According to the industry distribution chart, US Global Investors ranks #629 out of 1638 companies in the Asset Management industry, placing it in the top 38.4%.
Is US Global Investors' ROA % too high?
US Global Investors' current ROA % of 22.28% is 2491% above median its 10-year median of 0.86. The Asset Management industry median ROA % is 3.95. US Global Investors' value of 22.28% is 464.1% above this industry median. Based on the distribution chart, US Global Investors ranks #629 out of 1638 companies in the Asset Management industry, which is above the industry midpoint. Overall, US Global Investors has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does US Global Investors' ROA % compare to CXH and RAND?
According to the Asset Management industry distribution chart, US Global Investors ranks #629 out of 1638 companies for ROA %. This puts US Global Investors in the upper half of its industry. The industry median ROA % is 3.95. US Global Investors' value of 22.28% is 464.1% above this benchmark. While the company's 10-year median is 0.86 vs. the industry median of 3.95, US Global Investors 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 an Asset Management company?
The median ROA % among Asset Management companies is 3.95, based on 1,638 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. US Global Investors's current ROA % of 22.28% is 464.1% 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 US Global Investors and its competitors. For the Asset Management industry, the median ROA % is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. US Global Investors's current ROA % is 22.28%, which is 2491% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Global Investors stock overvalued right now?
Based on GuruFocus' analysis, US Global Investors (GROW) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.31, compared to a current price of $3.15 — trading 36.4% above its estimated fair value. The current ROA % is 22.28%, which is 2491% above median its 10-year median of 0.86 and 464.1% above the Asset Management industry median of 3.95. US Global Investors' overall GF Score™ is 63/100 with 3 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 US Global Investors (GROW), the current ROA % is 22.28% 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 US Global Investors (GROW) Overvalued in 2026?
Based on GuruFocus' analysis, US Global Investors stock appears to be overvalued.
The current stock price of $3.15 is trading 36.4% above its estimated GF Value™ of $2.31.
GuruFocus considers US Global Investors to be Significantly Overvalued.
Key valuation signals for GROW:
ROA %: 22.28% (2491% above median its 10-year median of 0.86)
GF Value™: $2.31 vs. price of $3.15 (36.4% above fair value)
Industry Position: 464.1% above the Asset Management median (#629 of 1638)
No single metric tells the full story. See the GROW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
US Global Investors Inc is a registered investment advisory firm. The company manages the following business segments: Investment management services; through which the company offers, to U.S. Global Investors Funds (USGIF or the Funds) and exchange-traded fund (ETF) clients, a range of investment management products and services to meet the needs of individual and institutional investors; and Corporate Investments, through which the company invests for its own account in an effort to add growth and value to its cash position. It derives all its revenue from Investment management services.
63GF Score
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