AVIJSE:AVI +0.49%93 ROA % is 28.77% as of Dec. 2025, which is 58% above its 10-year median of 18.25. GuruFocus rates JSE:AVI with a GF Score™ of 93/100 and a GF Value™ of R97.67 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,990 Consumer Packaged Goods companies, AVI ranks better than 97.64% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. AVI's annualizedNet Income for the quarter that ended in Dec. 2025 was R3,032 Mil.
AVI's average Total Assets over the quarter that ended in Dec. 2025 was R10,537 Mil. Therefore, AVI's annualized ROA % for the quarter that ended in Dec. 2025 was 28.77%.
The historical rank and industry rank for AVI's ROA % or its related term are showing as below:
JSE:AVI'
s ROA % Range Over the Past 10 Years
Min: 16.49 Med: 18.25 Max: 24.6
Current: 24.6
During the past 13 years, AVI's highest ROA % was 24.60%. The lowest was 16.49%. And the median was 18.25%.
JSE:AVI's ROA % is ranked better than 97.64% of 1990
companies
in the Consumer Packaged Goods industry
Industry Median: 3.245
vs JSE:AVI: 24.60
AVI (JSE:AVI) 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 two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-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.
AVI ROA % Related Terms
AVI ROA % Historical Data
* Premium members only.
The historical data trend for AVI'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 Packaged Foods subindustry, AVI'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.
AVI ROA % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, AVI's ROA % distribution charts can be found below:
* The bar in red indicates where AVI'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 two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
AVI (JSE:AVI) has a ROA % of 28.77% 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 AVI and its competitors. This is 58% above median its historical median of 18.25. Over the past decade, AVI's ROA % has ranged from 16.49 to 24.60. According to the industry distribution chart, AVI ranks #47 out of 1990 companies in the Consumer Packaged Goods industry, placing it in the top 2.4%.
Is AVI's ROA % too high?
AVI's current ROA % of 28.77% is 58% above median its 10-year median of 18.25. Over the past 10 years, this metric has ranged from a low of 16.49 to a high of 24.60. The Consumer Packaged Goods industry median ROA % is 3.25. AVI's value of 28.77% is 786.6% above this industry median. Based on the distribution chart, AVI ranks #47 out of 1990 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, AVI has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AVI's ROA % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, AVI ranks #47 out of 1990 companies for ROA %. This places AVI in the top 2% of its industry — outperforming the majority of peers. The industry median ROA % is 3.25. AVI's value of 28.77% is 786.6% above this benchmark. Historically, AVI's own ROA % has ranged from 16.49 to 24.60 over the past decade. While the company's 10-year median is 18.25 vs. the industry median of 3.25, AVI 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 a Consumer Packaged Goods company?
The median ROA % among Consumer Packaged Goods companies is 3.25, based on 1,990 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. AVI's current ROA % of 28.77% is 786.6% 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 AVI and its competitors. For the Consumer Packaged Goods industry, the median ROA % is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVI's current ROA % is 28.77%, which is 58% above median its own 10-year median of 18.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVI stock overvalued right now?
Based on GuruFocus' analysis, AVI (JSE:AVI) is currently considered Fairly Valued. The stock's GF Value™ is R97.67, compared to a current price of R99.78 — trading 2.2% above its estimated fair value. The current ROA % is 28.77%, which is 58% above median its 10-year median of 18.25 and 786.6% above the Consumer Packaged Goods industry median of 3.25. AVI's overall GF Score™ is 93/100 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 AVI (JSE:AVI), the current ROA % is 28.77% 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 AVI (JSE:AVI) Overvalued in 2026?
Based on GuruFocus' analysis, AVI stock appears to be overvalued.
The current stock price of R99.78 is trading 2.2% above its estimated GF Value™ of R97.67.
GuruFocus considers AVI to be Fairly Valued.
Key valuation signals for JSE:AVI:
ROA %: 28.77% (58% above median its 10-year median of 18.25)
GF Value™: R97.67 vs. price of R99.78 (2.2% above fair value)
Industry Position: 786.6% above the Consumer Packaged Goods median (#47 of 1990)
No single metric tells the full story. See the JSE:AVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AVI Ltd owns and manages a portfolio of various brands, with various product categories such as hot beverages, biscuits and snacks, frozen food, personal care products, cosmetics, and fashion supplies. These brands share the group's IT, finance, human resources, logistics, marketing, and procurement services. Its reportable segments are: Food and Beverage brands (comprising Entyce Beverages, Snackworks, and I&J), Fashion brands (comprising its Personal Care and Footwear & Apparel brands), and Corporate. The majority of its revenue is generated from the Food and Beverage brands segment, which includes its brands offering tea, coffee, creamer, sweet and savoury biscuits, baked and fried potatoes, maize snacks, seafood, etc. Geographically, it generates maximum revenue from South Africa.
93GF Score
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