Accordant Group (NZSE:AGL) ROA %: -2.62% (As of Mar. 2026)


NZSE:AGL Accordant Group Ltd NZSE:AGL
33 GF Score
Price NZ$0.15
GF Value NZ$0.38
Valuation Possible Value Trap
! 7 Warning Signs
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What is Accordant Group ROA %?

Accordant Group NZSE:AGL 33 ROA % is -2.62% as of Mar. 2026. GuruFocus rates NZSE:AGL with a GF Score™ of 33/100 and a GF Value™ of NZ$0.38 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,096 Business Services companies, Accordant Group ranks worse than 79.47% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Accordant Group's annualized Net Income for the quarter that ended in Mar. 2026 was NZ$-2.0 Mil. Accordant Group's average Total Assets over the quarter that ended in Mar. 2026 was NZ$75.3 Mil. Therefore, Accordant Group's annualized ROA % for the quarter that ended in Mar. 2026 was -2.62%.

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

NZSE:AGL' s ROA % Range Over the Past 10 Years
Min: -10.81   Med: 2.16   Max: 5.84
Current: -2.83

During the past 13 years, Accordant Group's highest ROA % was 5.84%. The lowest was -10.81%. And the median was 2.16%.

NZSE:AGL's ROA % is ranked worse than
79.47% of 1096 companies
in the Business Services industry
Industry Median: 3.455 vs NZSE:AGL: -2.83

Accordant Group  (NZSE:AGL) 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
=-1.97/75.2595
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.97 / 166.192)*(166.192 / 75.2595)
=Net Margin %*Asset Turnover
=-1.19 %*2.2083
=-2.62 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Accordant Group ROA % Related Terms


Accordant Group ROA % Historical Data

* Premium members only.

The historical data trend for Accordant Group'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.

Accordant Group ROA % Chart

Accordant Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.31 1.99 -10.81 -3.80 -2.79

Accordant Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -26.06 -3.77 -3.91 -3.08 -2.62

NZSE:AGL vs KFY, RHI, TNET: ROA % Comparison

For the Staffing & Employment Services subindustry, Accordant Group'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.


Accordant Group ROA % vs Business Services Industry

For the Business Services industry and Industrials sector, Accordant Group's ROA % distribution charts can be found below:

* The bar in red indicates where Accordant Group's ROA % falls into.


NZSE:AGL
33GF Score
Accordant Group Ltd NZSE:AGL
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Accordant Group ROA % Calculation

Accordant Group's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=-2.107/( (73.183+77.819)/ 2 )
=-2.107/75.501
=-2.79 %

Accordant Group's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-1.97/( (72.7+77.819)/ 2 )
=-1.97/75.2595
=-2.62 %

* 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 (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 -2.62% mean?
Accordant Group (NZSE:AGL) has a ROA % of -2.62% 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 Accordant Group and its competitors. According to the industry distribution chart, Accordant Group ranks #871 out of 1096 companies in the Business Services industry, placing it in the top 79.5%.
Is Accordant Group's ROA % too high?
Accordant Group's current ROA % is -2.62%. Based on the distribution chart, Accordant Group ranks #871 out of 1096 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Accordant Group has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Accordant Group's ROA % compare to KFY and RHI?
According to the Business Services industry distribution chart, Accordant Group ranks #871 out of 1096 companies for ROA %. This places Accordant Group in the lower half of its industry. The industry median ROA % is 3.46. 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 Business Services company?
The median ROA % among Business Services companies is 3.46, based on 1,096 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 Accordant Group and its competitors. For the Business Services industry, the median ROA % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accordant Group's current ROA % is -2.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accordant Group stock overvalued right now?
Based on GuruFocus' analysis, Accordant Group (NZSE:AGL) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.38, compared to a current price of NZ$0.15 — trading 60.5% below its estimated fair value. The current ROA % is -2.62%. Accordant Group's overall GF Score™ is 33/100 with 7 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 Accordant Group (NZSE:AGL), the current ROA % is -2.62% 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 Accordant Group (NZSE:AGL) Overvalued in 2026?

Based on GuruFocus' analysis, Accordant Group stock appears to be undervalued. The current stock price of NZ$0.15 is trading 60.5% below its estimated GF Value™ of NZ$0.38. GuruFocus considers Accordant Group to be Possible Value Trap.

Key valuation signals for NZSE:AGL:

  • ROA %: -2.62%
  • GF Value™: NZ$0.38 vs. price of NZ$0.15 (60.5% below fair value)
  • GF Score™: 33/100 with 7 warning signs

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


Accordant Group Business Description

Address 51 Shortland Street, Level 6, Auckland, NTL, NZL, 1010
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: Blue Collar Reporting Segment and White Collar Reporting Segment. Blue Collar Reporting Segment: AWF operates branches under the brand names AWF (throughout New Zealand)and Select (Dunedin), which provide contingent labour hire associated with infrastructure, logistics, manufacturing, technical, and construction. The Work Collective (TWC)provides opportunities for those who face barriers to employment. White Collar Reporting Segment: The White Collar segment provides contingent temporary employees, contractors, permanent placement, and executive search services.
33GF Score

Get the complete analysis for NZSE:AGL

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

NZ$0.15
Price
NZ$0.38
GF Value