Keras Resources (LSE:KRS) ROA %: -10.06% (As of Jun. 2025)

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What is Keras Resources ROA %?

Keras Resources LSE:KRS ROA % is -10.06% as of Jun. 2025. The stock has 6 warning signs investors should review. Among 2,670 Metals & Mining companies, Keras Resources ranks better than 58.2% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Keras Resources's annualized Net Income for the quarter that ended in Jun. 2025 was £-0.60 Mil. Keras Resources's average Total Assets over the quarter that ended in Jun. 2025 was £5.94 Mil. Therefore, Keras Resources's annualized ROA % for the quarter that ended in Jun. 2025 was -10.06%.

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

LSE:KRS' s ROA % Range Over the Past 10 Years
Min: -153.67   Med: -14.8   Max: 26.72
Current: -10.04

During the past 13 years, Keras Resources's highest ROA % was 26.72%. The lowest was -153.67%. And the median was -14.80%.

LSE:KRS's ROA % is ranked better than
58.2% of 2670 companies
in the Metals & Mining industry
Industry Median: -16.825 vs LSE:KRS: -10.04

Keras Resources  (LSE:KRS) 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: Jun. 2025 )
=Net Income/Total Assets
=-0.598/5.9425
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.598 / 0.83)*(0.83 / 5.9425)
=Net Margin %*Asset Turnover
=-72.05 %*0.1397
=-10.06 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Keras Resources ROA % Related Terms


Keras Resources ROA % Historical Data

* Premium members only.

The historical data trend for Keras Resources'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.

Keras Resources ROA % Chart

Keras Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec22 Dec23 Dec24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.16 -15.75 -21.18 -8.33 -13.84

Keras Resources Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 -7.94 -8.08 -15.51 -10.01 -10.06

Keras Resources ROA % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Keras Resources'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.


Keras Resources ROA % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Keras Resources's ROA % distribution charts can be found below:

* The bar in red indicates where Keras Resources's ROA % falls into.



Keras Resources ROA % Calculation

Keras Resources's annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:

ROA %=Net Income (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=-0.753/( (4.727+6.153)/ 2 )
=-0.753/5.44
=-13.84 %

Keras Resources's annualized ROA % for the quarter that ended in Jun. 2025 is calculated as:

ROA %=Net Income (Q: Jun. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Jun. 2025 ))/ count )
=-0.598/( (6.153+5.732)/ 2 )
=-0.598/5.9425
=-10.06 %

* 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 (Jun. 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 -10.06% mean?
Keras Resources (LSE:KRS) has a ROA % of -10.06% as of Jun. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Keras Resources and its competitors. According to the industry distribution chart, Keras Resources ranks #1116 out of 2670 companies in the Metals & Mining industry, placing it in the top 41.8%.
Is Keras Resources' ROA % too high?
Keras Resources' current ROA % is -10.06%. Based on the distribution chart, Keras Resources ranks #1116 out of 2670 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Keras Resources' ROA % compare to competitors?
According to the Metals & Mining industry distribution chart, Keras Resources ranks #1116 out of 2670 companies for ROA %. This puts Keras Resources in the upper half of its industry. 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 Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. 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 Keras Resources and its competitors. Keras Resources's current ROA % is -10.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keras Resources stock overvalued right now?
Based on GuruFocus' analysis, Keras Resources (LSE:KRS) is currently considered Possible Value Trap. The stock's GF Value™ is £0.04, compared to a current price of £0.01 — trading 65% below its estimated fair value. The current ROA % is -10.06%. 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 Keras Resources (LSE:KRS), the current ROA % is -10.06% as of Jun. 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.

Keras Resources Business Description

Address Downside Bridge Road, Coveham House, Cobham, Surrey, GBR, KT11 3EP
Keras Resources PLC is engaged in exploration and mining. The company is principally engaged in the business of manganese and cobalt exploration and development in West Africa. The company's main projects are the Nayega manganese project, the Diamond Creek Phosphate mine, and the Carbon Market. The operation produces a variety of organic phosphate products directly for the United States fertilizer market. The operating segments of the company are Maganese, Phosphate, and others. The company derives a majority of its revenue from the United States.