Baker Steel Resources Trust (LSE:BSRT) ROA %: 54.10% (As of Dec. 2025) — 239% Above Median


LSE:BSRT Baker Steel Resources Trust Ltd LSE:BSRT
32 GF Score
Price £1.27
! 4 Warning Signs
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What is Baker Steel Resources Trust ROA %?

Baker Steel Resources Trust LSE:BSRT +0.79% 32 ROA % is 54.10% as of Dec. 2025, which is 239% above its 10-year median of 15.95. GuruFocus rates LSE:BSRT with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 1,632 Asset Management companies, Baker Steel Resources Trust ranks better than 97.55% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Baker Steel Resources Trust's annualized Net Income for the quarter that ended in Dec. 2025 was £69.61 Mil. Baker Steel Resources Trust's average Total Assets over the quarter that ended in Dec. 2025 was £128.67 Mil. Therefore, Baker Steel Resources Trust's annualized ROA % for the quarter that ended in Dec. 2025 was 54.10%.

The historical rank and industry rank for Baker Steel Resources Trust's ROA % or its related term are showing as below:

LSE:BSRT' s ROA % Range Over the Past 10 Years
Min: -21.42   Med: 15.95   Max: 42.86
Current: 42.86

During the past 13 years, Baker Steel Resources Trust's highest ROA % was 42.86%. The lowest was -21.42%. And the median was 15.95%.

LSE:BSRT's ROA % is ranked better than
97.55% of 1632 companies
in the Asset Management industry
Industry Median: 4 vs LSE:BSRT: 42.86

Baker Steel Resources Trust  (LSE:BSRT) 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 bank’s 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:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=69.606/128.672
=(Net Income / Revenue)*(Revenue / Total Assets)
=(69.606 / 70.222)*(70.222 / 128.672)
=Net Margin %*Asset Turnover
=99.12 %*0.5457
=54.10 %

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.


Baker Steel Resources Trust ROA % Related Terms


Baker Steel Resources Trust ROA % Historical Data

* Premium members only.

The historical data trend for Baker Steel Resources Trust'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.

Baker Steel Resources Trust ROA % Chart

Baker Steel Resources Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 -21.42 -2.78 14.96 41.72

Baker Steel Resources Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.13 9.85 19.35 30.21 54.10

LSE:BSRT vs BLK, BX, KKR: ROA % Comparison

For the Asset Management subindustry, Baker Steel Resources Trust'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.


Baker Steel Resources Trust ROA % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Baker Steel Resources Trust's ROA % distribution charts can be found below:

* The bar in red indicates where Baker Steel Resources Trust's ROA % falls into.


LSE:BSRT
32GF Score
Baker Steel Resources Trust Ltd LSE:BSRT
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Baker Steel Resources Trust ROA % Calculation

Baker Steel Resources Trust's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=50.432/( (95.686+146.093)/ 2 )
=50.432/120.8895
=41.72 %

Baker Steel Resources Trust's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=69.606/( (111.251+146.093)/ 2 )
=69.606/128.672
=54.10 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 54.10% mean?
Baker Steel Resources Trust (LSE:BSRT) has a ROA % of 54.10% 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 Baker Steel Resources Trust and its competitors. This is 239% above median its historical median of 15.95. According to the industry distribution chart, Baker Steel Resources Trust ranks #40 out of 1632 companies in the Asset Management industry, placing it in the top 2.5%.
Is Baker Steel Resources Trust's ROA % too high?
Baker Steel Resources Trust's current ROA % of 54.10% is 239% above median its 10-year median of 15.95. The Asset Management industry median ROA % is 4.00. Baker Steel Resources Trust's value of 54.10% is 1252.5% above this industry median. Based on the distribution chart, Baker Steel Resources Trust ranks #40 out of 1632 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Baker Steel Resources Trust has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Baker Steel Resources Trust's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, Baker Steel Resources Trust ranks #40 out of 1632 companies for ROA %. This places Baker Steel Resources Trust in the top 3% of its industry — outperforming the majority of peers. The industry median ROA % is 4.00. Baker Steel Resources Trust's value of 54.10% is 1252.5% above this benchmark. While the company's 10-year median is 15.95 vs. the industry median of 4.00, Baker Steel Resources Trust 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 Asset Management company?
The median ROA % among Asset Management companies is 4.00, based on 1,632 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. Baker Steel Resources Trust's current ROA % of 54.10% is 1252.5% 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 Baker Steel Resources Trust and its competitors. For the Asset Management industry, the median ROA % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baker Steel Resources Trust's current ROA % is 54.10%, which is 239% above median its own 10-year median of 15.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baker Steel Resources Trust stock overvalued right now?
Baker Steel Resources Trust (LSE:BSRT) has a current ROA % of 54.10%. The current ROA % is 54.10%, which is 239% above median its 10-year median of 15.95 and 1252.5% above the Asset Management industry median of 4.00. Baker Steel Resources Trust's overall GF Score™ is 32/100 with 4 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 Baker Steel Resources Trust (LSE:BSRT), the current ROA % is 54.10% 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.

Baker Steel Resources Trust Business Description

Address East Wing, Trafalgar Court, Les Banques, Saint Peter Port, GGY, GY1 3PP
Baker Steel Resources Trust Ltd is engaged in the financial services domain. It is a closed-ended investment company seeking capital growth over the long term through a focused global portfolio consisting principally of the equities, loans or related instruments. The company is mainly concerned with investing in the natural resource industry. It invests predominantly in unlisted companies, and also in listed securities with a view to exploiting value inherent in market inefficiencies and pricing anomalies. The company operates in single segment i.e. investing in natural resources companies.
32GF Score

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