Evolution AB (MEX:EVON) ROA %: 17.63% (As of Mar. 2026) — 26% Below Median


MEX:EVON Evolution AB MEX:EVON
99 GF Score
Price MXN1,485.00
GF Value MXN2,300.74
! 2 Warning Signs
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What is Evolution AB ROA %?

Evolution AB MEX:EVON 99 ROA % is 17.63% as of Mar. 2026, which is 26% below its 10-year median of 23.77. GuruFocus rates MEX:EVON with a GF Score™ of 99/100 and a GF Value™ of MXN2,300.74. The stock has 2 warning signs investors should review. Among 858 Travel & Leisure companies, Evolution AB ranks better than 97.09% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Evolution AB's annualized Net Income for the quarter that ended in Mar. 2026 was MXN21,008 Mil. Evolution AB's average Total Assets over the quarter that ended in Mar. 2026 was MXN119,167 Mil. Therefore, Evolution AB's annualized ROA % for the quarter that ended in Mar. 2026 was 17.63%.

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

MEX:EVON' s ROA % Range Over the Past 10 Years
Min: 15.74   Med: 23.77   Max: 46.3
Current: 19.47

During the past 13 years, Evolution AB's highest ROA % was 46.30%. The lowest was 15.74%. And the median was 23.77%.

MEX:EVON's ROA % is ranked better than
97.09% of 858 companies
in the Travel & Leisure industry
Industry Median: 2.345 vs MEX:EVON: 19.47

Evolution AB  (MEX:EVON) 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
=21008.16/119166.748
=(Net Income / Revenue)*(Revenue / Total Assets)
=(21008.16 / 42781.404)*(42781.404 / 119166.748)
=Net Margin %*Asset Turnover
=49.11 %*0.359
=17.63 %

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.


Evolution AB ROA % Related Terms


Evolution AB ROA % Historical Data

* Premium members only.

The historical data trend for Evolution AB'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.

Evolution AB ROA % Chart

Evolution AB 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 16.79 19.28 21.75 26.02 19.21

Evolution AB 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 18.56 18.47 19.85 22.71 17.63

MEX:EVON vs FLUT, DKNG, LNWO: ROA % Comparison

For the Gambling subindustry, Evolution AB'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.


Evolution AB ROA % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's ROA % distribution charts can be found below:

* The bar in red indicates where Evolution AB's ROA % falls into.


MEX:EVON
99GF Score
Evolution AB MEX:EVON
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Evolution AB ROA % Calculation

Evolution AB'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 )
=22393.187/( (116765.102+116421.124)/ 2 )
=22393.187/116593.113
=19.21 %

Evolution AB'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 )
=21008.16/( (116421.124+121912.372)/ 2 )
=21008.16/119166.748
=17.63 %

* 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 17.63% mean?
Evolution AB (MEX:EVON) has a ROA % of 17.63% 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 Evolution AB and its competitors. This is 26% below median its historical median of 23.77. Over the past decade, Evolution AB's ROA % has ranged from 15.74 to 46.30. According to the industry distribution chart, Evolution AB ranks #25 out of 858 companies in the Travel & Leisure industry, placing it in the top 2.9%.
Is Evolution AB's ROA % too high?
Evolution AB's current ROA % of 17.63% is 26% below median its 10-year median of 23.77. Over the past 10 years, this metric has ranged from a low of 15.74 to a high of 46.30. The Travel & Leisure industry median ROA % is 2.35. Evolution AB's value of 17.63% is 651.8% above this industry median. Based on the distribution chart, Evolution AB ranks #25 out of 858 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Evolution AB has a GF Score™ of 99/100, reflecting its overall financial health beyond just this single metric.
How does Evolution AB's ROA % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Evolution AB ranks #25 out of 858 companies for ROA %. This places Evolution AB in the top 3% of its industry — outperforming the majority of peers. The industry median ROA % is 2.35. Evolution AB's value of 17.63% is 651.8% above this benchmark. Historically, Evolution AB's own ROA % has ranged from 15.74 to 46.30 over the past decade. While the company's 10-year median is 23.77 vs. the industry median of 2.35, Evolution AB 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 Travel & Leisure company?
The median ROA % among Travel & Leisure companies is 2.35, based on 858 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. Evolution AB's current ROA % of 17.63% is 651.8% 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 Evolution AB and its competitors. For the Travel & Leisure industry, the median ROA % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution AB's current ROA % is 17.63%, which is 26% below median its own 10-year median of 23.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution AB stock overvalued right now?
Evolution AB (MEX:EVON) has a current ROA % of 17.63%. The stock's GF Value™ is MXN2,300.74, compared to a current price of MXN1,485.00 — trading 35.5% below its estimated fair value. The current ROA % is 17.63%, which is 26% below median its 10-year median of 23.77 and 651.8% above the Travel & Leisure industry median of 2.35. Evolution AB's overall GF Score™ is 99/100 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 Evolution AB (MEX:EVON), the current ROA % is 17.63% 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 Evolution AB (MEX:EVON) Overvalued in 2026?

Based on GuruFocus' analysis, Evolution AB stock appears to be undervalued. The current stock price of MXN1,485.00 is trading 35.5% below its estimated GF Value™ of MXN2,300.74.

Key valuation signals for MEX:EVON:

  • ROA %: 17.63% (26% below median its 10-year median of 23.77)
  • GF Value™: MXN2,300.74 vs. price of MXN1,485.00 (35.5% below fair value)
  • GF Score™: 99/100 with 2 warning signs
  • Industry Position: 651.8% above the Travel & Leisure median (#25 of 858)

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


Evolution AB Business Description

Address Hamngatan 11, Stockholm, SWE, 111 47
Evolution AB develops, produces, markets, and licenses fully integrated live casino and slots solutions to gaming operators. In live casino, a game presenter (dealer) runs the game from a casino table, which is followed in real time via a video stream, while players place bets on devices such as computers, smartphones, and tablets. Its games include Live Casino, Slots, Game Shows, First Person, Live Blackjack, Live Roulette, Live Baccarat, Super Sic Bo & Dragon Tiger, Live Poker, and Land-Based games. The Company innovates, develops, and produces online casino content on a B2B basis and generates maximum revenue from Europe, followed by North America and other regions.
99GF Score

Get the complete analysis for MEX:EVON

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

MXN1,485.00
Price
MXN2,300.74
GF Value