Rai Way SpA (LTS:0R40) ROA %: 18.25% (As of Mar. 2026) — Near Median


LTS:0R40 Rai Way SpA LTS:0R40
87 GF Score
Price €4.78
GF Value €5.66
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Rai Way SpA ROA %?

Rai Way SpA LTS:0R40 +0.79% 87 ROA % is 18.25% as of Mar. 2026, which is 4% below its 10-year median of 18.98. GuruFocus rates LTS:0R40 with a GF Score™ of 87/100 and a GF Value™ of €5.66 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,779 Construction companies, Rai Way SpA ranks better than 97.36% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Rai Way SpA's annualized Net Income for the quarter that ended in Mar. 2026 was €86.3 Mil. Rai Way SpA's average Total Assets over the quarter that ended in Mar. 2026 was €472.9 Mil. Therefore, Rai Way SpA's annualized ROA % for the quarter that ended in Mar. 2026 was 18.25%.

The historical rank and industry rank for Rai Way SpA's ROA % or its related term are showing as below:

LTS:0R40' s ROA % Range Over the Past 10 Years
Min: 11.09   Med: 18.98   Max: 19.88
Current: 18.71

During the past 13 years, Rai Way SpA's highest ROA % was 19.88%. The lowest was 11.09%. And the median was 18.98%.

LTS:0R40's ROA % is ranked better than
97.36% of 1779 companies
in the Construction industry
Industry Median: 2.8 vs LTS:0R40: 18.71

Rai Way SpA  (LTS:0R40) 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
=86.312/472.884
=(Net Income / Revenue)*(Revenue / Total Assets)
=(86.312 / 288.028)*(288.028 / 472.884)
=Net Margin %*Asset Turnover
=29.97 %*0.6091
=18.25 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


Rai Way SpA ROA % Related Terms


Rai Way SpA ROA % Historical Data

* Premium members only.

The historical data trend for Rai Way SpA'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.

Rai Way SpA ROA % Chart

Rai Way SpA 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 18.30 17.74 19.00 19.29 19.13

Rai Way SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 19.04 20.96 20.52 15.68 18.25

LTS:0R40 vs PWR, FIX, EME: ROA % Comparison

For the Engineering & Construction subindustry, Rai Way SpA'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.


Rai Way SpA ROA % vs Construction Industry

For the Construction industry and Industrials sector, Rai Way SpA's ROA % distribution charts can be found below:

* The bar in red indicates where Rai Way SpA's ROA % falls into.


LTS:0R40
87GF Score
Rai Way SpA LTS:0R40
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Rai Way SpA ROA % Calculation

Rai Way SpA'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 )
=88.633/( (462.003+464.809)/ 2 )
=88.633/463.406
=19.13 %

Rai Way SpA's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=86.312/( (464.809+480.959)/ 2 )
=86.312/472.884
=18.25 %

* 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 four times the quarterly (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 18.25% mean?
Rai Way SpA (LTS:0R40) has a ROA % of 18.25% 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 Rai Way SpA and its competitors. This is near median its historical median of 18.98. Over the past decade, Rai Way SpA's ROA % has ranged from 11.09 to 19.88. According to the industry distribution chart, Rai Way SpA ranks #47 out of 1779 companies in the Construction industry, placing it in the top 2.6%.
Is Rai Way SpA's ROA % too high?
Rai Way SpA's current ROA % of 18.25% is near median its 10-year median of 18.98. Over the past 10 years, this metric has ranged from a low of 11.09 to a high of 19.88. The Construction industry median ROA % is 2.80. Rai Way SpA's value of 18.25% is 551.8% above this industry median. Based on the distribution chart, Rai Way SpA ranks #47 out of 1779 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Rai Way SpA has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rai Way SpA's ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, Rai Way SpA ranks #47 out of 1779 companies for ROA %. This places Rai Way SpA in the top 3% of its industry — outperforming the majority of peers. The industry median ROA % is 2.80. Rai Way SpA's value of 18.25% is 551.8% above this benchmark. Historically, Rai Way SpA's own ROA % has ranged from 11.09 to 19.88 over the past decade. While the company's 10-year median is 18.98 vs. the industry median of 2.80, Rai Way SpA 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 a Construction company?
The median ROA % among Construction companies is 2.80, based on 1,779 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. Rai Way SpA's current ROA % of 18.25% is 551.8% 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 Rai Way SpA and its competitors. For the Construction industry, the median ROA % is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rai Way SpA's current ROA % is 18.25%, which is near median its own 10-year median of 18.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rai Way SpA stock overvalued right now?
Based on GuruFocus' analysis, Rai Way SpA (LTS:0R40) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.66, compared to a current price of €4.78 — trading 15.6% below its estimated fair value. The current ROA % is 18.25%, which is near median its 10-year median of 18.98 and 551.8% above the Construction industry median of 2.80. Rai Way SpA's overall GF Score™ is 87/100 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 Rai Way SpA (LTS:0R40), the current ROA % is 18.25% 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 Rai Way SpA (LTS:0R40) Overvalued in 2026?

Based on GuruFocus' analysis, Rai Way SpA stock appears to be undervalued. The current stock price of €4.78 is trading 15.6% below its estimated GF Value™ of €5.66. GuruFocus considers Rai Way SpA to be Modestly Undervalued.

Key valuation signals for LTS:0R40:

  • ROA %: 18.25% (near median its 10-year median of 18.98)
  • GF Value™: €5.66 vs. price of €4.78 (15.6% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 551.8% above the Construction median (#47 of 1779)

No single metric tells the full story. See the LTS:0R40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rai Way SpA Business Description

Address Via Teulada 66, Rome, ITA, 00195
Rai Way SpA is an Italy-based company which operates activity of signal transmission and a broadcasting network of RAI group. The services provided by the company include broadcasting services, transmission services, tower Rental Services and network Services. The company serves its customer by providing implementation and management of the main broadcasting processes which include analog and digital, terrestrial and satellite, for audio, video and data signals, television signals through connecting network. The company allows its clients to have the availability of tower and civil infrastructures to install radio transmitters, planning, construction, installation, management of electronic and telecommunications networks. It provides services throughout Italy.
87GF Score

Get the complete analysis for LTS:0R40

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

€4.78
Price
€5.66
GF Value