ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Secure Electronic Technology's annualizedNet Income for the quarter that ended in Dec. 2024 was ₦-121 Mil.
Secure Electronic Technology's average Total Assets over the quarter that ended in Dec. 2024 was ₦4,083 Mil. Therefore, Secure Electronic Technology's annualized ROA % for the quarter that ended in Dec. 2024 was -2.96%.
The historical rank and industry rank for Secure Electronic Technology's ROA % or its related term are showing as below:
NSA:NSLTECH'
s ROA % Range Over the Past 10 Years
Min: -5.53 Med: -2.8 Max: -1.18
Current: -2.96
During the past 4 years, Secure Electronic Technology's highest ROA % was -1.18%. The lowest was -5.53%. And the median was -2.80%.
NSA:NSLTECH's ROA % is ranked worse than 77.39% of 858
companies
in the Travel & Leisure industry
Industry Median: 2.375
vs NSA:NSLTECH: -2.96
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 one times the annual (Dec. 2024) net income data. The Revenue data used here is one times the annual (Dec. 2024) 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.
Secure Electronic Technology ROA % Related Terms
Secure Electronic Technology 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.
Secure Electronic Technology ROA % Chart
Secure Electronic Technology Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
ROA %
-2.64
-1.18
-5.53
-2.96
Secure Electronic Technology Semi-Annual Data
Dec21
Dec22
Dec23
Dec24
ROA %
-2.64
-1.18
-5.53
-2.96
NSA:NSLTECH vs FLUT, DKNG, LNWO: ROA % Comparison
For the Gambling subindustry, Secure Electronic Technology'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.
Secure Electronic Technology ROA % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Secure Electronic Technology's ROA % distribution charts can be found below:
* The bar in red indicates where Secure Electronic Technology'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 one times the annual (Dec. 2024) net income data.
ROA % is displayed in the 30-year financial page.
Secure Electronic Technology (NSA:NSLTECH) has a ROA % of -2.96% as of Dec. 2024. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Secure Electronic Technology and its competitors. According to the industry distribution chart, Secure Electronic Technology ranks #664 out of 858 companies in the Travel & Leisure industry, placing it in the top 77.4%.
Is Secure Electronic Technology's ROA % too high?
Secure Electronic Technology's current ROA % is -2.96%. Based on the distribution chart, Secure Electronic Technology ranks #664 out of 858 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Secure Electronic Technology has a GF Score™ of 10/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Electronic Technology's ROA % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Secure Electronic Technology ranks #664 out of 858 companies for ROA %. This places Secure Electronic Technology in the lower half of its industry. The industry median ROA % is 2.38. 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 2.38, 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. 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 Secure Electronic Technology and its competitors. For the Travel & Leisure industry, the median ROA % is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secure Electronic Technology's current ROA % is -2.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Secure Electronic Technology (NSA:NSLTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦0.36, compared to a current price of ₦0.80 — trading 122.2% above its estimated fair value. The current ROA % is -2.96%. Secure Electronic Technology's overall GF Score™ is 10/100 with 1 warning sign 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 Secure Electronic Technology (NSA:NSLTECH), the current ROA % is -2.96% as of Dec. 2024. 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 Secure Electronic Technology (NSA:NSLTECH) Overvalued in 2026?
Based on GuruFocus' analysis, Secure Electronic Technology stock appears to be overvalued.
The current stock price of ₦0.80 is trading 122.2% above its estimated GF Value™ of ₦0.36.
GuruFocus considers Secure Electronic Technology to be Significantly Overvalued.
Key valuation signals for NSA:NSLTECH:
ROA %: -2.96%
GF Value™: ₦0.36 vs. price of ₦0.80 (122.2% above fair value)
No single metric tells the full story. See the NSA:NSLTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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