Conagra BrandsMEX:CAG 37 ROA % is 4.00% as of Feb. 2026, which is 2% below its 10-year median of 4.07. GuruFocus rates MEX:CAG with a GF Score™ of 37/100 and a GF Value™ of MXN431.50 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,990 Consumer Packaged Goods companies, Conagra Brands ranks worse than 72.81% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Conagra Brands's annualizedNet Income for the quarter that ended in Feb. 2026 was MXN13,763 Mil.
Conagra Brands's average Total Assets over the quarter that ended in Feb. 2026 was MXN344,416 Mil. Therefore, Conagra Brands's annualized ROA % for the quarter that ended in Feb. 2026 was 4.00%.
The historical rank and industry rank for Conagra Brands's ROA % or its related term are showing as below:
MEX:CAG'
s ROA % Range Over the Past 10 Years
Min: -4.39 Med: 4.07 Max: 7.89
Current: -0.21
During the past 13 years, Conagra Brands's highest ROA % was 7.89%. The lowest was -4.39%. And the median was 4.07%.
MEX:CAG's ROA % is ranked worse than 72.81% of 1990
companies
in the Consumer Packaged Goods industry
Industry Median: 3.245
vs MEX:CAG: -0.21
Conagra Brands (MEX:CAG) 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 four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 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.
Conagra Brands ROA % Related Terms
Conagra Brands ROA % Historical Data
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The historical data trend for Conagra Brands'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.
For the Packaged Foods subindustry, Conagra Brands'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.
Conagra Brands ROA % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Conagra Brands's ROA % distribution charts can be found below:
* The bar in red indicates where Conagra Brands'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 four times the quarterly (Feb. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Conagra Brands (MEX:CAG) has a ROA % of 4.00% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Conagra Brands and its competitors. This is near median its historical median of 4.07. According to the industry distribution chart, Conagra Brands ranks #1449 out of 1990 companies in the Consumer Packaged Goods industry, placing it in the top 72.8%.
Is Conagra Brands' ROA % too high?
Conagra Brands' current ROA % of 4.00% is near median its 10-year median of 4.07. The Consumer Packaged Goods industry median ROA % is 3.25. Conagra Brands' value of 4.00% is 23.3% above this industry median. Based on the distribution chart, Conagra Brands ranks #1449 out of 1990 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Conagra Brands has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Conagra Brands' ROA % compare to INGR and CPB?
According to the Consumer Packaged Goods industry distribution chart, Conagra Brands ranks #1449 out of 1990 companies for ROA %. This places Conagra Brands in the lower half of its industry. The industry median ROA % is 3.25. Conagra Brands' value of 4.00% is 23.3% above this benchmark. While the company's 10-year median is 4.07 vs. the industry median of 3.25, Conagra Brands 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 Consumer Packaged Goods company?
The median ROA % among Consumer Packaged Goods companies is 3.25, based on 1,990 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. Conagra Brands's current ROA % of 4.00% is 23.3% 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 Conagra Brands and its competitors. For the Consumer Packaged Goods industry, the median ROA % is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conagra Brands's current ROA % is 4.00%, which is near median its own 10-year median of 4.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conagra Brands stock overvalued right now?
Based on GuruFocus' analysis, Conagra Brands (MEX:CAG) is currently considered Possible Value Trap. The stock's GF Value™ is MXN431.50, compared to a current price of MXN236.22 — trading 45.3% below its estimated fair value. The current ROA % is 4.00%, which is near median its 10-year median of 4.07 and 23.3% above the Consumer Packaged Goods industry median of 3.25. Conagra Brands' overall GF Score™ is 37/100 with 3 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 Conagra Brands (MEX:CAG), the current ROA % is 4.00% as of Feb. 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 Conagra Brands (MEX:CAG) Overvalued in 2026?
Based on GuruFocus' analysis, Conagra Brands stock appears to be undervalued.
The current stock price of MXN236.22 is trading 45.3% below its estimated GF Value™ of MXN431.50.
GuruFocus considers Conagra Brands to be Possible Value Trap.
Key valuation signals for MEX:CAG:
ROA %: 4.00% (near median its 10-year median of 4.07)
GF Value™: MXN431.50 vs. price of MXN236.22 (45.3% below fair value)
Industry Position: 23.3% above the Consumer Packaged Goods median (#1449 of 1990)
No single metric tells the full story. See the MEX:CAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Conagra Brands is a packaged food company that operates predominantly in the United States (91% of fiscal 2025 revenue). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, and Wish-Bone. The company primarily sells through the US retail channel, with just 9% of fiscal 2025 revenue coming from international markets and 9% from foodservice.
37GF Score
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