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 two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.
Virtus Dividend, Interest & Premium Strategy Fund ROA % Related Terms
Virtus Dividend, Interest & Premium Strategy Fund ROA % Historical 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.
Virtus Dividend, Interest & Premium Strategy Fund ROA % Chart
Virtus Dividend, Interest & Premium Strategy Fund Annual Data
* 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.
Virtus Dividend, Interest & Premium Strategy Fund ROA % vs Asset Management Industry
* 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 (Jan. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Virtus Dividend, Interest & Premium Strategy Fund (NFJ) has a ROA % of 19.28% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Virtus Dividend, Interest & Premium Strategy Fund and its competitors. This is 79% above median its historical median of 10.77. According to the industry distribution chart, Virtus Dividend, Interest & Premium Strategy Fund ranks #413 out of 1638 companies in the Asset Management industry, placing it in the top 25.2%.
Is Virtus Dividend, Interest & Premium Strategy Fund's ROA % too high?
Virtus Dividend, Interest & Premium Strategy Fund's current ROA % of 19.28% is 79% above median its 10-year median of 10.77. The Asset Management industry median ROA % is 3.95. Virtus Dividend, Interest & Premium Strategy Fund's value of 19.28% is 388.1% above this industry median. Based on the distribution chart, Virtus Dividend, Interest & Premium Strategy Fund ranks #413 out of 1638 companies in the Asset Management industry, which is above the industry midpoint. Overall, Virtus Dividend, Interest & Premium Strategy Fund has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Virtus Dividend, Interest & Premium Strategy Fund's ROA % compare to HYT and ASST?
According to the Asset Management industry distribution chart, Virtus Dividend, Interest & Premium Strategy Fund ranks #413 out of 1638 companies for ROA %. This puts Virtus Dividend, Interest & Premium Strategy Fund in the upper half of its industry. The industry median ROA % is 3.95. Virtus Dividend, Interest & Premium Strategy Fund's value of 19.28% is 388.1% above this benchmark. While the company's 10-year median is 10.77 vs. the industry median of 3.95, Virtus Dividend, Interest & Premium Strategy Fund 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 an Asset Management company?
The median ROA % among Asset Management companies is 3.95, based on 1,638 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. Virtus Dividend, Interest & Premium Strategy Fund's current ROA % of 19.28% is 388.1% 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 Virtus Dividend, Interest & Premium Strategy Fund and its competitors. For the Asset Management industry, the median ROA % is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virtus Dividend, Interest & Premium Strategy Fund's current ROA % is 19.28%, which is 79% above median its own 10-year median of 10.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtus Dividend, Interest & Premium Strategy Fund stock overvalued right now?
Based on GuruFocus' analysis, Virtus Dividend, Interest & Premium Strategy Fund (NFJ) is currently considered Modestly Undervalued. The stock's GF Value™ is $19.40, compared to a current price of $14.97 — trading 22.8% below its estimated fair value. The current ROA % is 19.28%, which is 79% above median its 10-year median of 10.77 and 388.1% above the Asset Management industry median of 3.95. Virtus Dividend, Interest & Premium Strategy Fund's overall GF Score™ is 52/100 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 Virtus Dividend, Interest & Premium Strategy Fund (NFJ), the current ROA % is 19.28% as of Jan. 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 Virtus Dividend, Interest & Premium Strategy Fund (NFJ) Overvalued in 2026?
Based on GuruFocus' analysis, Virtus Dividend, Interest & Premium Strategy Fund stock appears to be undervalued.
The current stock price of $14.97 is trading 22.8% below its estimated GF Value™ of $19.40.
GuruFocus considers Virtus Dividend, Interest & Premium Strategy Fund to be Modestly Undervalued.
Key valuation signals for NFJ:
ROA %: 19.28% (79% above median its 10-year median of 10.77)
GF Value™: $19.40 vs. price of $14.97 (22.8% below fair value)
Industry Position: 388.1% above the Asset Management median (#413 of 1638)
No single metric tells the full story. See the NFJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Virtus Dividend, Interest & Premium Strategy Fund Business Description
Virtus Dividend, Interest & Premium Strategy Fund is a Massachusetts-based business trust. The primary investment objective of the company is to seek current income and gains, with a secondary objective of long-term capital appreciation. It pursues its investment objectives by investing in a diversified portfolio of dividend-paying common stocks and income-producing convertible securities.
52GF Score
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