LSE:PCGH's ROA % is ranked better than 74.13% of 1635
companies
in the Asset Management industry
Industry Median: 3.97
vs LSE:PCGH: 10.71
Polar Capital Global Healthcare Trust (LSE:PCGH) 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 (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.
Polar Capital Global Healthcare Trust ROA % Related Terms
Polar Capital Global Healthcare Trust ROA % Historical 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.
For the Asset Management subindustry, Polar Capital Global Healthcare 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.
Polar Capital Global Healthcare Trust ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Polar Capital Global Healthcare Trust's ROA % distribution charts can be found below:
* The bar in red indicates where Polar Capital Global Healthcare 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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Polar Capital Global Healthcare Trust (LSE:PCGH) has a ROA % of 11.67% 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 Polar Capital Global Healthcare Trust and its competitors. This is 41% above median its historical median of 8.25. According to the industry distribution chart, Polar Capital Global Healthcare Trust ranks #423 out of 1635 companies in the Asset Management industry, placing it in the top 25.9%.
Is Polar Capital Global Healthcare Trust's ROA % too high?
Polar Capital Global Healthcare Trust's current ROA % of 11.67% is 41% above median its 10-year median of 8.25. The Asset Management industry median ROA % is 3.97. Polar Capital Global Healthcare Trust's value of 11.67% is 194% above this industry median. Based on the distribution chart, Polar Capital Global Healthcare Trust ranks #423 out of 1635 companies in the Asset Management industry, which is above the industry midpoint. Overall, Polar Capital Global Healthcare Trust has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polar Capital Global Healthcare Trust's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, Polar Capital Global Healthcare Trust ranks #423 out of 1635 companies for ROA %. This puts Polar Capital Global Healthcare Trust in the upper half of its industry. The industry median ROA % is 3.97. Polar Capital Global Healthcare Trust's value of 11.67% is 194% above this benchmark. While the company's 10-year median is 8.25 vs. the industry median of 3.97, Polar Capital Global Healthcare 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 3.97, based on 1,635 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. Polar Capital Global Healthcare Trust's current ROA % of 11.67% is 194% 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 Polar Capital Global Healthcare Trust and its competitors. For the Asset Management industry, the median ROA % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polar Capital Global Healthcare Trust's current ROA % is 11.67%, which is 41% above median its own 10-year median of 8.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Capital Global Healthcare Trust stock overvalued right now?
Based on GuruFocus' analysis, Polar Capital Global Healthcare Trust (LSE:PCGH) is currently considered Significantly Undervalued. The stock's GF Value™ is £9.07, compared to a current price of £4.45 — trading 50.9% below its estimated fair value. The current ROA % is 11.67%, which is 41% above median its 10-year median of 8.25 and 194% above the Asset Management industry median of 3.97. Polar Capital Global Healthcare Trust's overall GF Score™ is 54/100 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 Polar Capital Global Healthcare Trust (LSE:PCGH), the current ROA % is 11.67% 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.
Is Polar Capital Global Healthcare Trust (LSE:PCGH) Overvalued in 2026?
Based on GuruFocus' analysis, Polar Capital Global Healthcare Trust stock appears to be undervalued.
The current stock price of £4.45 is trading 50.9% below its estimated GF Value™ of £9.07.
GuruFocus considers Polar Capital Global Healthcare Trust to be Significantly Undervalued.
Key valuation signals for LSE:PCGH:
ROA %: 11.67% (41% above median its 10-year median of 8.25)
GF Value™: £9.07 vs. price of £4.45 (50.9% below fair value)
Industry Position: 194% above the Asset Management median (#423 of 1635)
No single metric tells the full story. See the LSE:PCGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polar Capital Global Healthcare Trust Business Description
Polar Capital Global Healthcare Trust PLC is a United Kingdom-based investment trust company. The company's investment objective is the generation of capital growth through investments in a portfolio of healthcare stocks. The purpose of the company is to provide an investment vehicle for investors which aims to deliver long term capital growth to shareholders from a range of diversified healthcare stocks.
54GF Score
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