Finsbury Growth &ome Trust (LSE:FGT) ROA %: -31.34% (As of Mar. 2026)


LSE:FGT Finsbury Growth & Income Trust PLC LSE:FGT
39 GF Score
Price £7.46
! 2 Warning Signs
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What is Finsbury Growth &ome Trust ROA %?

Finsbury Growth &ome Trust LSE:FGT +0.40% 39 ROA % is -31.34% as of Mar. 2026. GuruFocus rates LSE:FGT with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 1,632 Asset Management companies, Finsbury Growth &ome Trust ranks worse than 91.54% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Finsbury Growth &ome Trust's annualized Net Income for the quarter that ended in Mar. 2026 was £-337.20 Mil. Finsbury Growth &ome Trust's average Total Assets over the quarter that ended in Mar. 2026 was £1,075.96 Mil. Therefore, Finsbury Growth &ome Trust's annualized ROA % for the quarter that ended in Mar. 2026 was -31.34%.

The historical rank and industry rank for Finsbury Growth &ome Trust's ROA % or its related term are showing as below:

LSE:FGT' s ROA % Range Over the Past 10 Years
Min: -16.93   Med: 8.39   Max: 17.93
Current: -16.93

During the past 13 years, Finsbury Growth &ome Trust's highest ROA % was 17.93%. The lowest was -16.93%. And the median was 8.39%.

LSE:FGT's ROA % is ranked worse than
91.54% of 1632 companies
in the Asset Management industry
Industry Median: 3.99 vs LSE:FGT: -16.93

Finsbury Growth &ome Trust  (LSE:FGT) 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: Mar. 2026 )
=Net Income/Total Assets
=-337.202/1075.963
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-337.202 / -334.422)*(-334.422 / 1075.963)
=Net Margin %*Asset Turnover
=100.83 %*-0.3108
=-31.34 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Finsbury Growth &ome Trust ROA % Related Terms


Finsbury Growth &ome Trust ROA % Historical Data

* Premium members only.

The historical data trend for Finsbury Growth &ome 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.

Finsbury Growth &ome Trust ROA % Chart

Finsbury Growth &ome Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.87 -5.97 6.90 6.22 -0.97

Finsbury Growth &ome Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 9.87 2.14 2.51 -4.91 -31.34

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

For the Asset Management subindustry, Finsbury Growth &ome 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.


Finsbury Growth &ome Trust ROA % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Finsbury Growth &ome Trust's ROA % distribution charts can be found below:

* The bar in red indicates where Finsbury Growth &ome Trust's ROA % falls into.


LSE:FGT
39GF Score
Finsbury Growth & Income Trust PLC LSE:FGT
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Finsbury Growth &ome Trust ROA % Calculation

Finsbury Growth &ome Trust's annualized ROA % for the fiscal year that ended in Sep. 2025 is calculated as:

ROA %=Net Income (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=-13.885/( (1615.366+1261.512)/ 2 )
=-13.885/1438.439
=-0.97 %

Finsbury Growth &ome Trust's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-337.202/( (1261.512+890.414)/ 2 )
=-337.202/1075.963
=-31.34 %

* 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 (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -31.34% mean?
Finsbury Growth &ome Trust (LSE:FGT) has a ROA % of -31.34% 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 Finsbury Growth &ome Trust and its competitors. According to the industry distribution chart, Finsbury Growth &ome Trust ranks #1494 out of 1632 companies in the Asset Management industry, placing it in the top 91.5%.
Is Finsbury Growth &ome Trust's ROA % too high?
Finsbury Growth &ome Trust's current ROA % is -31.34%. Based on the distribution chart, Finsbury Growth &ome Trust ranks #1494 out of 1632 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Finsbury Growth &ome Trust has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Finsbury Growth &ome Trust's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, Finsbury Growth &ome Trust ranks #1494 out of 1632 companies for ROA %. This places Finsbury Growth &ome Trust in the lower half of its industry. The industry median ROA % is 3.99. 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 3.99, 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. 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 Finsbury Growth &ome Trust and its competitors. For the Asset Management industry, the median ROA % is 3.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finsbury Growth &ome Trust's current ROA % is -31.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finsbury Growth &ome Trust stock overvalued right now?
Finsbury Growth &ome Trust (LSE:FGT) has a current ROA % of -31.34%. The current ROA % is -31.34%. Finsbury Growth &ome Trust's overall GF Score™ is 39/100 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 Finsbury Growth &ome Trust (LSE:FGT), the current ROA % is -31.34% 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.

Finsbury Growth &ome Trust Business Description

Address 50 Lothian Road, Festival Square, Edinburgh, GBR, EH3 9WJ
Finsbury Growth & Income Trust PLC is an alternative investment fund achieving capital and income growth and providing shareholders with a total return in excess of that of the FTSE All-Share Index. The Company is engaged in a single segment of business, being the investments business. Geographically, the company operates within the United Kingdom, The United States of America, France and the Netherlands and generates a majority of its revenue from the United Kingdom.
39GF Score

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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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