ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Trade & Value AG's annualizedNet Income for the quarter that ended in Dec. 2025 was €0.01 Mil.
Trade & Value AG's average Total Assets over the quarter that ended in Dec. 2025 was €0.54 Mil. Therefore, Trade & Value AG's annualized ROA % for the quarter that ended in Dec. 2025 was 2.20%.
The historical rank and industry rank for Trade & Value AG's ROA % or its related term are showing as below:
HAM:TAV'
s ROA % Range Over the Past 10 Years
Min: -21.66 Med: -18.34 Max: 9.4
Current: 2.2
During the past 13 years, Trade & Value AG's highest ROA % was 9.40%. The lowest was -21.66%. And the median was -18.34%.
HAM:TAV's ROA % is ranked worse than 60% of 1635
companies
in the Asset Management industry
Industry Median: 4.02
vs HAM:TAV: 2.20
Trade & Value AG (HAM:TAV) 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 one times the annual (Dec. 2025) net income data. The Revenue data used here is one times the annual (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.
Trade & Value AG ROA % Related Terms
Trade & Value AG ROA % Historical Data
* Premium members only.
The historical data trend for Trade & Value AG'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, Trade & Value AG'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.
Trade & Value AG ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Trade & Value AG's ROA % distribution charts can be found below:
* The bar in red indicates where Trade & Value AG'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 one times the annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Trade & Value AG (HAM:TAV) has a ROA % of 2.20% 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 Trade & Value AG and its competitors. According to the industry distribution chart, Trade & Value AG ranks #981 out of 1635 companies in the Asset Management industry, placing it in the top 60%.
Is Trade & Value AG's ROA % too high?
Trade & Value AG's current ROA % is 2.20%. The Asset Management industry median ROA % is 4.02. Trade & Value AG's value of 2.20% is 45.3% below this industry median. Based on the distribution chart, Trade & Value AG ranks #981 out of 1635 companies in the Asset Management industry, which is below the industry midpoint. Overall, Trade & Value AG has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trade & Value AG's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, Trade & Value AG ranks #981 out of 1635 companies for ROA %. This places Trade & Value AG in the lower half of its industry. The industry median ROA % is 4.02. Trade & Value AG's value of 2.20% is 45.3% below this benchmark. 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 4.02, based on 1,635 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. Trade & Value AG's current ROA % of 2.20% is 45.3% 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 Trade & Value AG and its competitors. For the Asset Management industry, the median ROA % is 4.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trade & Value AG's current ROA % is 2.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trade & Value AG stock overvalued right now?
Based on GuruFocus' analysis, Trade & Value AG (HAM:TAV) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.46, compared to a current price of €1.60 — trading 247.8% above its estimated fair value. The current ROA % is 2.20% and 45.3% below the Asset Management industry median of 4.02. Trade & Value AG's overall GF Score™ is 38/100 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 Trade & Value AG (HAM:TAV), the current ROA % is 2.20% 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 Trade & Value AG (HAM:TAV) Overvalued in 2026?
Based on GuruFocus' analysis, Trade & Value AG stock appears to be overvalued.
The current stock price of €1.60 is trading 247.8% above its estimated GF Value™ of €0.46.
GuruFocus considers Trade & Value AG to be Significantly Overvalued.
Key valuation signals for HAM:TAV:
ROA %: 2.20%
GF Value™: €0.46 vs. price of €1.60 (247.8% above fair value)
Industry Position: 45.3% below the Asset Management median (#981 of 1635)
No single metric tells the full story. See the HAM:TAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trade & Value AG is an asset management company operating in Germany. The company focuses on investing in valued companies, undervalued assets, and turnaround stocks.
38GF Score
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