Nokian Panimo Oyj (OHEL:BEER) ROA %: 6.77% (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OHEL:BEER Nokian Panimo Oyj OHEL:BEER
18 GF Score
Price €2.60
! 2 Warning Signs
View Full Analysis

What is Nokian Panimo Oyj ROA %?

Nokian Panimo Oyj OHEL:BEER 18 ROA % is 6.77% as of Dec. 2025, which is 5% below its 10-year median of 7.10. GuruFocus rates OHEL:BEER with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 212 Beverages - Alcoholic companies, Nokian Panimo Oyj ranks worse than 71.7% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nokian Panimo Oyj's annualized Net Income for the quarter that ended in Dec. 2025 was €1.64 Mil. Nokian Panimo Oyj's average Total Assets over the quarter that ended in Dec. 2025 was €24.23 Mil. Therefore, Nokian Panimo Oyj's annualized ROA % for the quarter that ended in Dec. 2025 was 6.77%.

The historical rank and industry rank for Nokian Panimo Oyj's ROA % or its related term are showing as below:

OHEL:BEER' s ROA % Range Over the Past 10 Years
Min: -0.38   Med: 7.1   Max: 9.5
Current: -0.34

During the past 3 years, Nokian Panimo Oyj's highest ROA % was 9.50%. The lowest was -0.38%. And the median was 7.10%.

OHEL:BEER's ROA % is ranked worse than
71.7% of 212 companies
in the Beverages - Alcoholic industry
Industry Median: 2.915 vs OHEL:BEER: -0.34

Nokian Panimo Oyj  (OHEL:BEER) 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: Dec. 2025 )
=Net Income/Total Assets
=1.64/24.2325
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.64 / 13.596)*(13.596 / 24.2325)
=Net Margin %*Asset Turnover
=12.06 %*0.5611
=6.77 %

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


Nokian Panimo Oyj ROA % Related Terms


Nokian Panimo Oyj ROA % Historical Data

* Premium members only.

The historical data trend for Nokian Panimo Oyj'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.

Nokian Panimo Oyj ROA % Chart

Nokian Panimo Oyj Annual Data
Trend Dec23 Dec24 Dec25
ROA %
7.10 9.50 -0.38

Nokian Panimo Oyj Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
ROA % 0.00 12.02 7.32 -9.66 6.77

OHEL:BEER vs BUD, STZ, TAP: ROA % Comparison

For the Beverages - Brewers subindustry, Nokian Panimo Oyj'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.


Nokian Panimo Oyj ROA % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Nokian Panimo Oyj's ROA % distribution charts can be found below:

* The bar in red indicates where Nokian Panimo Oyj's ROA % falls into.


OHEL:BEER
18GF Score
Nokian Panimo Oyj OHEL:BEER
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nokian Panimo Oyj ROA % Calculation

Nokian Panimo Oyj'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 )
=-0.069/( (12.464+24.11)/ 2 )
=-0.069/18.287
=-0.38 %

Nokian Panimo Oyj's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=1.64/( (24.355+24.11)/ 2 )
=1.64/24.2325
=6.77 %

* 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 (Dec. 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 6.77% mean?
Nokian Panimo Oyj (OHEL:BEER) has a ROA % of 6.77% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Nokian Panimo Oyj and its competitors. This is near median its historical median of 7.10. According to the industry distribution chart, Nokian Panimo Oyj ranks #152 out of 212 companies in the Beverages - Alcoholic industry, placing it in the top 71.7%.
Is Nokian Panimo Oyj's ROA % too high?
Nokian Panimo Oyj's current ROA % of 6.77% is near median its 10-year median of 7.10. The Beverages - Alcoholic industry median ROA % is 2.92. Nokian Panimo Oyj's value of 6.77% is 132.2% above this industry median. Based on the distribution chart, Nokian Panimo Oyj ranks #152 out of 212 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Nokian Panimo Oyj has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Nokian Panimo Oyj's ROA % compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Nokian Panimo Oyj ranks #152 out of 212 companies for ROA %. This places Nokian Panimo Oyj in the lower half of its industry. The industry median ROA % is 2.92. Nokian Panimo Oyj's value of 6.77% is 132.2% above this benchmark. While the company's 10-year median is 7.10 vs. the industry median of 2.92, Nokian Panimo Oyj 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 Beverages - Alcoholic company?
The median ROA % among Beverages - Alcoholic companies is 2.92, based on 212 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. Nokian Panimo Oyj's current ROA % of 6.77% is 132.2% 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 Nokian Panimo Oyj and its competitors. For the Beverages - Alcoholic industry, the median ROA % is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nokian Panimo Oyj's current ROA % is 6.77%, which is near median its own 10-year median of 7.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nokian Panimo Oyj stock overvalued right now?
Nokian Panimo Oyj (OHEL:BEER) has a current ROA % of 6.77%. The current ROA % is 6.77%, which is near median its 10-year median of 7.10 and 132.2% above the Beverages - Alcoholic industry median of 2.92. Nokian Panimo Oyj's overall GF Score™ is 18/100 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 Nokian Panimo Oyj (OHEL:BEER), the current ROA % is 6.77% as of Dec. 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.

Nokian Panimo Oyj Business Description

Address Nuijamiestentie 17, Nokia, FIN, 37120
Nokian Panimo Oyj is a microbrewery company in Finland. The company's products include several different types of beer, such as lagers, ales and specialty beers, as well as other alcoholic and non-alcoholic beverages. In terms of soft drinks, Nokian Panimo offers around 15 different flavours under the Sun and Hometown Lemonades brands. The company also has non-alcoholic cocktails, or mocktails, in a few different flavors.
18GF Score

Get the complete analysis for OHEL:BEER

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

€2.60
Price