Aedes SpA (MIL:AEDES) ROA %: 9.38% (As of Jun. 2025)


MIL:AEDES Aedes SpA MIL:AEDES
35 GF Score
Price €0.85
GF Value €5.82
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Aedes SpA ROA %?

Aedes SpA MIL:AEDES -0.59% 35 ROA % is 9.38% as of Jun. 2025. GuruFocus rates MIL:AEDES with a GF Score™ of 35/100 and a GF Value™ of €5.82 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 938 REITs companies, Aedes SpA ranks worse than 53.3% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Aedes SpA's annualized Net Income for the quarter that ended in Jun. 2025 was €0.88 Mil. Aedes SpA's average Total Assets over the quarter that ended in Jun. 2025 was €9.36 Mil. Therefore, Aedes SpA's annualized ROA % for the quarter that ended in Jun. 2025 was 9.38%.

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

MIL:AEDES' s ROA % Range Over the Past 10 Years
Min: -19.3   Med: -4.21   Max: 5.95
Current: 3

During the past 13 years, Aedes SpA's highest ROA % was 5.95%. The lowest was -19.30%. And the median was -4.21%.

MIL:AEDES's ROA % is ranked worse than
53.3% of 938 companies
in the REITs industry
Industry Median: 3.22 vs MIL:AEDES: 3.00

Aedes SpA  (MIL:AEDES) 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: Jun. 2025 )
=Net Income/Total Assets
=0.878/9.364
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.878 / 0.974)*(0.974 / 9.364)
=Net Margin %*Asset Turnover
=90.14 %*0.104
=9.38 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 2025) 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.


Aedes SpA ROA % Related Terms


Aedes SpA ROA % Historical Data

* Premium members only.

The historical data trend for Aedes 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.

Aedes SpA ROA % Chart

Aedes 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 -16.91 -10.29 -16.71 -19.30 3.90

Aedes SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -17.50 -22.07 -16.02 9.38 -2.91

MIL:AEDES vs SPG, O, KIM: ROA % Comparison

For the REIT - Retail subindustry, Aedes 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.


Aedes SpA ROA % vs REITs Industry

For the REITs industry and Real Estate sector, Aedes SpA's ROA % distribution charts can be found below:

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


MIL:AEDES
35GF Score
Aedes SpA MIL:AEDES
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aedes SpA ROA % Calculation

Aedes SpA's annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:

ROA %=Net Income (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=-1.482/( (8.589+6.768)/ 2 )
=-1.482/7.6785
=-19.30 %

Aedes SpA's annualized ROA % for the quarter that ended in Jun. 2025 is calculated as:

ROA %=Net Income (Q: Jun. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Jun. 2025 ))/ count )
=0.878/( (6.768+11.96)/ 2 )
=0.878/9.364
=9.38 %

* 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 (Jun. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 9.38% mean?
Aedes SpA (MIL:AEDES) has a ROA % of 9.38% as of Jun. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Aedes SpA and its competitors. According to the industry distribution chart, Aedes SpA ranks #500 out of 938 companies in the REITs industry, placing it in the top 53.3%.
Is Aedes SpA's ROA % too high?
Aedes SpA's current ROA % is 9.38%. The REITs industry median ROA % is 3.22. Aedes SpA's value of 9.38% is 191.3% above this industry median. Based on the distribution chart, Aedes SpA ranks #500 out of 938 companies in the REITs industry, which is below the industry midpoint. Overall, Aedes SpA has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aedes SpA's ROA % compare to SPG and O?
According to the REITs industry distribution chart, Aedes SpA ranks #500 out of 938 companies for ROA %. This places Aedes SpA in the lower half of its industry. The industry median ROA % is 3.22. Aedes SpA's value of 9.38% is 191.3% above this benchmark. 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 REITs company?
The median ROA % among REITs companies is 3.22, based on 938 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. Aedes SpA's current ROA % of 9.38% is 191.3% 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 Aedes SpA and its competitors. For the REITs industry, the median ROA % is 3.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aedes SpA's current ROA % is 9.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aedes SpA stock overvalued right now?
Based on GuruFocus' analysis, Aedes SpA (MIL:AEDES) is currently considered Possible Value Trap. The stock's GF Value™ is €5.82, compared to a current price of €0.85 — trading 85.5% below its estimated fair value. The current ROA % is 9.38% and 191.3% above the REITs industry median of 3.22. Aedes SpA's overall GF Score™ is 35/100 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 Aedes SpA (MIL:AEDES), the current ROA % is 9.38% as of Jun. 2025. 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 Aedes SpA (MIL:AEDES) Overvalued in 2026?

Based on GuruFocus' analysis, Aedes SpA stock appears to be undervalued. The current stock price of €0.85 is trading 85.5% below its estimated GF Value™ of €5.82. GuruFocus considers Aedes SpA to be Possible Value Trap.

Key valuation signals for MIL:AEDES:

  • ROA %: 9.38%
  • GF Value™: €5.82 vs. price of €0.85 (85.5% below fair value)
  • GF Score™: 35/100 with 4 warning signs
  • Industry Position: 191.3% above the REITs median (#500 of 938)

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


Aedes SpA Business Description

Industry Real EstateREITs
Address Via Tortona, 37, Milan, ITA, 20144
Aedes SpA operates in the real estate sector in Italy and internationally. Its two business lines, acquiring income properties to compete with the performances of European REITs and, on the other, creating a new generation of shopping and leisure centers through its pipeline development.
35GF Score

Get the complete analysis for MIL:AEDES

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

€0.85
Price
€5.82
GF Value