MAXQF (Maritime Launch Services) ROA %: -11.97% (As of Mar. 2026)


MAXQF Maritime Launch Services Inc MAXQF
26 GF Score
Price $0.33
! 5 Warning Signs
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What is Maritime Launch Services ROA %?

Maritime Launch Services MAXQF +1.51% 26 ROA % is -11.97% as of Mar. 2026. GuruFocus rates MAXQF with a GF Score™ of 26/100. The stock has 5 warning signs investors should review. Among 357 Aerospace & Defense companies, Maritime Launch Services ranks worse than 98.88% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Maritime Launch Services's annualized Net Income for the quarter that ended in Mar. 2026 was $-3.19 Mil. Maritime Launch Services's average Total Assets over the quarter that ended in Mar. 2026 was $26.64 Mil. Therefore, Maritime Launch Services's annualized ROA % for the quarter that ended in Mar. 2026 was -11.97%.

The historical rank and industry rank for Maritime Launch Services's ROA % or its related term are showing as below:

MAXQF' s ROA % Range Over the Past 10 Years
Min: -2956.52   Med: -72.63   Max: -33.8
Current: -211.26

During the past 7 years, Maritime Launch Services's highest ROA % was -33.80%. The lowest was -2956.52%. And the median was -72.63%.

MAXQF's ROA % is ranked worse than
98.88% of 357 companies
in the Aerospace & Defense industry
Industry Median: 2.47 vs MAXQF: -211.26

Maritime Launch Services  (OTCPK:MAXQF) 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
=-3.188/26.641
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.188 / 2.76)*(2.76 / 26.641)
=Net Margin %*Asset Turnover
=-115.51 %*0.1036
=-11.97 %

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.


Maritime Launch Services ROA % Related Terms


Maritime Launch Services ROA % Historical Data

* Premium members only.

The historical data trend for Maritime Launch Services'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.

Maritime Launch Services ROA % Chart

Maritime Launch Services Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial -72.64 -61.51 -33.98 -42.28 -244.89

Maritime Launch Services 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 9.08 -43.36 -163.85 -830.36 -11.97

MAXQF vs SPCX, GE, RTX: ROA % Comparison

For the Aerospace & Defense subindustry, Maritime Launch Services'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.


Maritime Launch Services ROA % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Maritime Launch Services's ROA % distribution charts can be found below:

* The bar in red indicates where Maritime Launch Services's ROA % falls into.


MAXQF
26GF Score
Maritime Launch Services Inc MAXQF
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maritime Launch Services ROA % Calculation

Maritime Launch Services'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 )
=-34.276/( (9.901+18.092)/ 2 )
=-34.276/13.9965
=-244.89 %

Maritime Launch Services'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 )
=-3.188/( (18.092+35.19)/ 2 )
=-3.188/26.641
=-11.97 %

* 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 -11.97% mean?
Maritime Launch Services (MAXQF) has a ROA % of -11.97% 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 Maritime Launch Services and its competitors. According to the industry distribution chart, Maritime Launch Services ranks #353 out of 357 companies in the Aerospace & Defense industry, placing it in the top 98.9%.
Is Maritime Launch Services' ROA % too high?
Maritime Launch Services' current ROA % is -11.97%. Based on the distribution chart, Maritime Launch Services ranks #353 out of 357 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Maritime Launch Services has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Maritime Launch Services' ROA % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Maritime Launch Services ranks #353 out of 357 companies for ROA %. This places Maritime Launch Services in the lower half of its industry. The industry median ROA % is 2.47. 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 Aerospace & Defense company?
The median ROA % among Aerospace & Defense companies is 2.47, based on 357 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 Maritime Launch Services and its competitors. For the Aerospace & Defense industry, the median ROA % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maritime Launch Services's current ROA % is -11.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maritime Launch Services stock overvalued right now?
Maritime Launch Services (MAXQF) has a current ROA % of -11.97%. The current ROA % is -11.97%. Maritime Launch Services' overall GF Score™ is 26/100 with 5 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 Maritime Launch Services (MAXQF), the current ROA % is -11.97% 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.

Maritime Launch Services Business Description

Other Exchanges N5X:GermanyMAXQ:Canada
Address 1883 Upper Water Street, Suite 303, Halifax, NS, CAN, B3J 1S9
Maritime Launch Services Inc through its subsidiary, owns a fully-permitted site for the establishment of Canada's first commercial Spaceport from which to launch satellites via small and medium sized launch vehicles (rockets), into low earth orbit, located in Canso, Nova Scotia. is a commercial aerospace company responsible for developing Spaceport Nova Scotia, a satellite launching site for the commercial space transportation industry. The company is also focused towards hosting multiple launch vehicle companies that could each launch up to eight or more times per year and are capable of carrying numerous satellites on each mission.
26GF 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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