Eldorado GoldHAM:ELO1 +1.72%92 ROA % is 8.18% as of Mar. 2026, which is 976% above its 10-year median of 0.76. GuruFocus rates HAM:ELO1 with a GF Score™ of 92/100 and a GF Value™ of €27.34. The stock has 2 warning signs investors should review. Among 2,665 Metals & Mining companies, Eldorado Gold ranks better than 87.62% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Eldorado Gold's annualizedNet Income for the quarter that ended in Mar. 2026 was €472 Mil.
Eldorado Gold's average Total Assets over the quarter that ended in Mar. 2026 was €5,770 Mil. Therefore, Eldorado Gold's annualized ROA % for the quarter that ended in Mar. 2026 was 8.18%.
The historical rank and industry rank for Eldorado Gold's ROA % or its related term are showing as below:
HAM:ELO1'
s ROA % Range Over the Past 10 Years
Min: -7.77 Med: 0.76 Max: 8.8
Current: 8.8
During the past 13 years, Eldorado Gold's highest ROA % was 8.80%. The lowest was -7.77%. And the median was 0.76%.
HAM:ELO1's ROA % is ranked better than 87.62% of 2665
companies
in the Metals & Mining industry
Industry Median: -16.72
vs HAM:ELO1: 8.80
Eldorado Gold (HAM:ELO1) 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.
Eldorado Gold ROA % Related Terms
Eldorado Gold ROA % Historical Data
* Premium members only.
The historical data trend for Eldorado Gold'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 Gold subindustry, Eldorado Gold'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.
Eldorado Gold ROA % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Eldorado Gold's ROA % distribution charts can be found below:
* The bar in red indicates where Eldorado Gold'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.
Eldorado Gold (HAM:ELO1) has a ROA % of 8.18% 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 Eldorado Gold and its competitors. This is 976% above median its historical median of 0.76. According to the industry distribution chart, Eldorado Gold ranks #330 out of 2665 companies in the Metals & Mining industry, placing it in the top 12.4%.
Is Eldorado Gold's ROA % too high?
Eldorado Gold's current ROA % of 8.18% is 976% above median its 10-year median of 0.76. Based on the distribution chart, Eldorado Gold ranks #330 out of 2665 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Eldorado Gold has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's ROA % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eldorado Gold ranks #330 out of 2665 companies for ROA %. This places Eldorado Gold in the top 12% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. 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 Eldorado Gold and its competitors. Eldorado Gold's current ROA % is 8.18%, which is 976% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eldorado Gold stock overvalued right now?
Eldorado Gold (HAM:ELO1) has a current ROA % of 8.18%. The stock's GF Value™ is €27.34, compared to a current price of €25.98 — trading 5% below its estimated fair value. The current ROA % is 8.18%, which is 976% above median its 10-year median of 0.76. Eldorado Gold's overall GF Score™ is 92/100 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 Eldorado Gold (HAM:ELO1), the current ROA % is 8.18% 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 Eldorado Gold (HAM:ELO1) Overvalued in 2026?
Based on GuruFocus' analysis, Eldorado Gold stock appears to be undervalued.
The current stock price of €25.98 is trading 5% below its estimated GF Value™ of €27.34.
Key valuation signals for HAM:ELO1:
ROA %: 8.18% (976% above median its 10-year median of 0.76)
GF Value™: €27.34 vs. price of €25.98 (5% below fair value)
No single metric tells the full story. See the HAM:ELO1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects. It has three geographical segments: The Turkiye reporting segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkiye. The Canada reporting segment that derives maximum revenue, includes Lamaque and exploration activities in Canada. The Greece reporting segment includes the Olympias mine, the Skouries and Perama Hill projects and exploration activities in Greece.
92GF Score
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