OUTsurance GroupJSE:OUT +0.35%65 ROA % is 12.12% as of Dec. 2025, which is 35% above its 10-year median of 8.95. GuruFocus rates JSE:OUT with a GF Score™ of 65/100 and a GF Value™ of R46.46 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 506 Insurance companies, OUTsurance Group ranks better than 95.85% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. OUTsurance Group's annualizedNet Income for the quarter that ended in Dec. 2025 was R4,654 Mil.
OUTsurance Group's average Total Assets over the quarter that ended in Dec. 2025 was R38,410 Mil. Therefore, OUTsurance Group's annualized ROA % for the quarter that ended in Dec. 2025 was 12.12%.
The historical rank and industry rank for OUTsurance Group's ROA % or its related term are showing as below:
JSE:OUT'
s ROA % Range Over the Past 10 Years
Min: 3.25 Med: 8.95 Max: 56.93
Current: 13.5
During the past 13 years, OUTsurance Group's highest ROA % was 56.93%. The lowest was 3.25%. And the median was 8.95%.
JSE:OUT's ROA % is ranked better than 95.85% of 506
companies
in the Insurance industry
Industry Median: 2.7
vs JSE:OUT: 13.50
OUTsurance Group (JSE:OUT) 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.
OUTsurance Group ROA % Related Terms
OUTsurance Group ROA % Historical Data
* Premium members only.
The historical data trend for OUTsurance Group'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 Insurance - Diversified subindustry, OUTsurance Group'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.
OUTsurance Group ROA % vs Insurance Industry
For the Insurance industry and Financial Services sector, OUTsurance Group's ROA % distribution charts can be found below:
* The bar in red indicates where OUTsurance Group'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.
OUTsurance Group (JSE:OUT) has a ROA % of 12.12% 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 OUTsurance Group and its competitors. This is 35% above median its historical median of 8.95. Over the past decade, OUTsurance Group's ROA % has ranged from 3.25 to 56.93. According to the industry distribution chart, OUTsurance Group ranks #21 out of 506 companies in the Insurance industry, placing it in the top 4.2%.
Is OUTsurance Group's ROA % too high?
OUTsurance Group's current ROA % of 12.12% is 35% above median its 10-year median of 8.95. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 56.93. The Insurance industry median ROA % is 2.70. OUTsurance Group's value of 12.12% is 348.9% above this industry median. Based on the distribution chart, OUTsurance Group ranks #21 out of 506 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, OUTsurance Group has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OUTsurance Group's ROA % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, OUTsurance Group ranks #21 out of 506 companies for ROA %. This places OUTsurance Group in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 2.70. OUTsurance Group's value of 12.12% is 348.9% above this benchmark. Historically, OUTsurance Group's own ROA % has ranged from 3.25 to 56.93 over the past decade. While the company's 10-year median is 8.95 vs. the industry median of 2.70, OUTsurance Group 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 Insurance company?
The median ROA % among Insurance companies is 2.70, based on 506 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. OUTsurance Group's current ROA % of 12.12% is 348.9% 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 OUTsurance Group and its competitors. For the Insurance industry, the median ROA % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OUTsurance Group's current ROA % is 12.12%, which is 35% above median its own 10-year median of 8.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OUTsurance Group stock overvalued right now?
Based on GuruFocus' analysis, OUTsurance Group (JSE:OUT) is currently considered Significantly Overvalued. The stock's GF Value™ is R46.46, compared to a current price of R77.34 — trading 66.5% above its estimated fair value. The current ROA % is 12.12%, which is 35% above median its 10-year median of 8.95 and 348.9% above the Insurance industry median of 2.70. OUTsurance Group's overall GF Score™ is 65/100 with 3 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 OUTsurance Group (JSE:OUT), the current ROA % is 12.12% 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 OUTsurance Group (JSE:OUT) Overvalued in 2026?
Based on GuruFocus' analysis, OUTsurance Group stock appears to be overvalued.
The current stock price of R77.34 is trading 66.5% above its estimated GF Value™ of R46.46.
GuruFocus considers OUTsurance Group to be Significantly Overvalued.
Key valuation signals for JSE:OUT:
ROA %: 12.12% (35% above median its 10-year median of 8.95)
GF Value™: R46.46 vs. price of R77.34 (66.5% above fair value)
Industry Position: 348.9% above the Insurance median (#21 of 506)
No single metric tells the full story. See the JSE:OUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OUTsurance Group Ltd is an insurance group that specialises in Property and Casualty insurance. Its main segments include personal insurance, business insurance, compulsory third-party vehicle insurance, life insurance, and administration services. The company provides motor, home, business, life, funeral, and pet insurance products through its subsidiaries. The company's primary source of revenue is insurance premiums. The group's activities are focused on the South African, Australian and Irish markets.
65GF Score
Get the complete analysis for JSE:OUT
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:OUT has been successfully added to your 
