Italgas SpAITGGF 77 ROA % is 3.86% as of Mar. 2026, which is 9% below its 10-year median of 4.25. GuruFocus rates ITGGF with a GF Score™ of 77/100 and a GF Value™ of $9.19 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 511 Utilities - Regulated companies, Italgas SpA ranks better than 61.84% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Italgas SpA's annualizedNet Income for the quarter that ended in Mar. 2026 was $827 Mil.
Italgas SpA's average Total Assets over the quarter that ended in Mar. 2026 was $21,430 Mil. Therefore, Italgas SpA's annualized ROA % for the quarter that ended in Mar. 2026 was 3.86%.
The historical rank and industry rank for Italgas SpA's ROA % or its related term are showing as below:
ITGGF'
s ROA % Range Over the Past 10 Years
Min: -1.29 Med: 4.25 Max: 5.57
Current: 3.97
During the past 10 years, Italgas SpA's highest ROA % was 5.57%. The lowest was -1.29%. And the median was 4.25%.
ITGGF's ROA % is ranked better than 61.84% of 511
companies
in the Utilities - Regulated industry
Industry Median: 3.02
vs ITGGF: 3.97
Italgas SpA (OTCPK:ITGGF) 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.
Italgas SpA ROA % Related Terms
Italgas SpA ROA % Historical Data
* Premium members only.
The historical data trend for Italgas SpA'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 Utilities - Regulated Gas subindustry, Italgas SpA'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.
Italgas SpA ROA % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Italgas SpA's ROA % distribution charts can be found below:
* The bar in red indicates where Italgas SpA'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.
Italgas SpA (ITGGF) has a ROA % of 3.86% 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 Italgas SpA and its competitors. This is near median its historical median of 4.25. According to the industry distribution chart, Italgas SpA ranks #195 out of 511 companies in the Utilities - Regulated industry, placing it in the top 38.2%.
Is Italgas SpA's ROA % too high?
Italgas SpA's current ROA % of 3.86% is near median its 10-year median of 4.25. The Utilities - Regulated industry median ROA % is 3.02. Italgas SpA's value of 3.86% is 27.8% above this industry median. Based on the distribution chart, Italgas SpA ranks #195 out of 511 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Italgas SpA has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Italgas SpA's ROA % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Italgas SpA ranks #195 out of 511 companies for ROA %. This puts Italgas SpA in the upper half of its industry. The industry median ROA % is 3.02. Italgas SpA's value of 3.86% is 27.8% above this benchmark. While the company's 10-year median is 4.25 vs. the industry median of 3.02, Italgas SpA 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 Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.02, based on 511 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. Italgas SpA's current ROA % of 3.86% is 27.8% 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 Italgas SpA and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Italgas SpA's current ROA % is 3.86%, which is near median its own 10-year median of 4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italgas SpA stock overvalued right now?
Based on GuruFocus' analysis, Italgas SpA (ITGGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $9.19, compared to a current price of $11.54 — trading 25.5% above its estimated fair value. The current ROA % is 3.86%, which is near median its 10-year median of 4.25 and 27.8% above the Utilities - Regulated industry median of 3.02. Italgas SpA's overall GF Score™ is 77/100 with 9 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 Italgas SpA (ITGGF), the current ROA % is 3.86% 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 Italgas SpA (ITGGF) Overvalued in 2026?
Based on GuruFocus' analysis, Italgas SpA stock appears to be overvalued.
The current stock price of $11.54 is trading 25.5% above its estimated GF Value™ of $9.19.
GuruFocus considers Italgas SpA to be Modestly Overvalued.
Key valuation signals for ITGGF:
ROA %: 3.86% (near median its 10-year median of 4.25)
GF Value™: $9.19 vs. price of $11.54 (25.5% above fair value)
Industry Position: 27.8% above the Utilities - Regulated median (#195 of 511)
No single metric tells the full story. See the ITGGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Italgas SpA is an Italy-based company engaged in the business of natural gas distribution. The distribution service consists of transporting gas through local pipeline networks, from points of delivery at the reduction and measurement stations interconnected with the transport networks up to the final delivery points to customers. In addition, the company is also engaged in metering activities, which consist of determining, gathering, making available, and archiving metering data on natural gas withdrawn over the distribution networks. It derives a majority of its revenue from natural gas distribution activity. The other activities of the company are the distribution and sale of water and providing technical, engineering, IT assistance, and other services.
77GF Score
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