The Global Smaller TrustLSE:GSCT -0.31%29 ROA % is 27.24% as of Oct. 2025, which is 694% above its 10-year median of 3.43. GuruFocus rates LSE:GSCT with a GF Score™ of 29/100. The stock has 4 warning signs investors should review. Among 1,638 Asset Management companies, The Global Smaller Trust ranks better than 59.04% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. The Global Smaller Trust's annualizedNet Income for the quarter that ended in Oct. 2025 was £227.27 Mil.
The Global Smaller Trust's average Total Assets over the quarter that ended in Oct. 2025 was £834.41 Mil. Therefore, The Global Smaller Trust's annualized ROA % for the quarter that ended in Oct. 2025 was 27.24%.
The historical rank and industry rank for The Global Smaller Trust's ROA % or its related term are showing as below:
LSE:GSCT'
s ROA % Range Over the Past 10 Years
Min: -13.61 Med: 3.43 Max: 36
Current: 5.92
During the past 13 years, The Global Smaller Trust's highest ROA % was 36.00%. The lowest was -13.61%. And the median was 3.43%.
LSE:GSCT's ROA % is ranked better than 59.04% of 1638
companies
in the Asset Management industry
Industry Median: 3.95
vs LSE:GSCT: 5.92
The Global Smaller Trust (LSE:GSCT) 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 (Oct. 2025) net income data. The Revenue data used here is two times the semi-annual (Oct. 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.
* 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 Asset Management subindustry, The Global Smaller 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.
The Global Smaller Trust ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, The Global Smaller Trust's ROA % distribution charts can be found below:
* The bar in red indicates where The Global Smaller Trust'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 (Oct. 2025) net income data.
ROA % is displayed in the 30-year financial page.
The Global Smaller Trust (LSE:GSCT) has a ROA % of 27.24% as of Oct. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on The Global Smaller Trust and its competitors. This is 694% above median its historical median of 3.43. According to the industry distribution chart, The Global Smaller Trust ranks #671 out of 1638 companies in the Asset Management industry, placing it in the top 41%.
Is The Global Smaller Trust's ROA % too high?
The Global Smaller Trust's current ROA % of 27.24% is 694% above median its 10-year median of 3.43. The Asset Management industry median ROA % is 3.95. The Global Smaller Trust's value of 27.24% is 589.6% above this industry median. Based on the distribution chart, The Global Smaller Trust ranks #671 out of 1638 companies in the Asset Management industry, which is above the industry midpoint. Overall, The Global Smaller Trust has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does The Global Smaller Trust's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, The Global Smaller Trust ranks #671 out of 1638 companies for ROA %. This puts The Global Smaller Trust in the upper half of its industry. The industry median ROA % is 3.95. The Global Smaller Trust's value of 27.24% is 589.6% above this benchmark. While the company's 10-year median is 3.43 vs. the industry median of 3.95, The Global Smaller 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 3.95, based on 1,638 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. The Global Smaller Trust's current ROA % of 27.24% is 589.6% 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 The Global Smaller Trust and its competitors. For the Asset Management industry, the median ROA % is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Global Smaller Trust's current ROA % is 27.24%, which is 694% above median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Global Smaller Trust stock overvalued right now?
The Global Smaller Trust (LSE:GSCT) has a current ROA % of 27.24%. The current ROA % is 27.24%, which is 694% above median its 10-year median of 3.43 and 589.6% above the Asset Management industry median of 3.95. The Global Smaller Trust's overall GF Score™ is 29/100 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 The Global Smaller Trust (LSE:GSCT), the current ROA % is 27.24% as of Oct. 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.
The Global Smaller Companies Trust PLC offers investors access to a broad spread International smaller companies portfolio. Its investment objective is to invest in smaller companies world-wide to secure a high total return. The portfolio consists of individual smaller company investments within the the USA, UK, and European markets, and fund holdings targeting smaller companies in Japan, Asia, Latin America, and other smaller territories.
29GF Score
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