ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Greenwave Technology Solutions's annualizedNet Income for the quarter that ended in Dec. 2025 was $-26.94 Mil.
Greenwave Technology Solutions's average Total Assets over the quarter that ended in Dec. 2025 was $57.51 Mil. Therefore, Greenwave Technology Solutions's annualized ROA % for the quarter that ended in Dec. 2025 was -46.85%.
The historical rank and industry rank for Greenwave Technology Solutions's ROA % or its related term are showing as below:
GWAV'
s ROA % Range Over the Past 10 Years
Min: -28843.14 Med: -553.58 Max: -8.53
Current: -34.86
During the past 13 years, Greenwave Technology Solutions's highest ROA % was -8.53%. The lowest was -28843.14%. And the median was -553.58%.
GWAV's ROA % is ranked worse than 91.97% of 249
companies
in the Waste Management industry
Industry Median: 1.54
vs GWAV: -34.86
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 (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.
Greenwave Technology Solutions ROA % Related Terms
Greenwave Technology Solutions ROA % Historical 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.
For the Waste Management subindustry, Greenwave Technology Solutions'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.
Greenwave Technology Solutions ROA % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Greenwave Technology Solutions's ROA % distribution charts can be found below:
* The bar in red indicates where Greenwave Technology Solutions'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 (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Greenwave Technology Solutions (GWAV) has a ROA % of -46.85% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Greenwave Technology Solutions and its competitors. According to the industry distribution chart, Greenwave Technology Solutions ranks #229 out of 249 companies in the Waste Management industry, placing it in the top 92%.
Is Greenwave Technology Solutions' ROA % too high?
Greenwave Technology Solutions' current ROA % is -46.85%. Based on the distribution chart, Greenwave Technology Solutions ranks #229 out of 249 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Greenwave Technology Solutions has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Greenwave Technology Solutions' ROA % compare to DXST and SNRG?
According to the Waste Management industry distribution chart, Greenwave Technology Solutions ranks #229 out of 249 companies for ROA %. This places Greenwave Technology Solutions in the lower half of its industry. The industry median ROA % is 1.54. 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 Waste Management company?
The median ROA % among Waste Management companies is 1.54, based on 249 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. 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 Greenwave Technology Solutions and its competitors. For the Waste Management industry, the median ROA % is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenwave Technology Solutions's current ROA % is -46.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenwave Technology Solutions stock overvalued right now?
Based on GuruFocus' analysis, Greenwave Technology Solutions (GWAV) is currently considered Possible Value Trap. The stock's GF Value™ is $5.58, compared to a current price of $3.37 — trading 39.6% below its estimated fair value. The current ROA % is -46.85%. Greenwave Technology Solutions' overall GF Score™ is 40/100 with 7 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 Greenwave Technology Solutions (GWAV), the current ROA % is -46.85% as of Dec. 2025. 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 Greenwave Technology Solutions (GWAV) Overvalued in 2026?
Based on GuruFocus' analysis, Greenwave Technology Solutions stock appears to be undervalued.
The current stock price of $3.37 is trading 39.6% below its estimated GF Value™ of $5.58.
GuruFocus considers Greenwave Technology Solutions to be Possible Value Trap.
Key valuation signals for GWAV:
ROA %: -46.85%
GF Value™: $5.58 vs. price of $3.37 (39.6% below fair value)
No single metric tells the full story. See the GWAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greenwave Technology Solutions Business Description
Greenwave Technology Solutions Inc through its subsidiary, is an operator of several metal recycling facilities in Virginia, Ohio, & North Carolina. At these facilities, the company collects, classifies, & processes appliances, construction materials, end-of-life vehicles, boats, & industrial machinery. The company processes these items by crushing, shearing, shredding, separating, & sorting into smaller pieces & categorizes these recycled ferrous, nonferrous, & mixed metal pieces based on density & metal type before sale. For scrap cars, it removes the catalytic converters, aluminum wheels, & batteries for separate processing & sale before shredding the vehicle. The company is organized into three operating segments: Scrap Metal Recycling, Hauling, & Other (comprised of rental income).
40GF Score
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