Elmera Group ASAOSL:ELMRA +0.11%74 ROA % is 4.88% as of Mar. 2026, which is 30% below its 10-year median of 7.02. GuruFocus rates OSL:ELMRA with a GF Score™ of 74/100 and a GF Value™ of kr34.67 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 511 Utilities - Regulated companies, Elmera Group ASA ranks better than 53.42% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Elmera Group ASA's annualizedNet Income for the quarter that ended in Mar. 2026 was kr345 Mil.
Elmera Group ASA's average Total Assets over the quarter that ended in Mar. 2026 was kr7,082 Mil. Therefore, Elmera Group ASA's annualized ROA % for the quarter that ended in Mar. 2026 was 4.88%.
The historical rank and industry rank for Elmera Group ASA's ROA % or its related term are showing as below:
OSL:ELMRA'
s ROA % Range Over the Past 10 Years
Min: 0.6 Med: 7.02 Max: 16.54
Current: 3.23
During the past 11 years, Elmera Group ASA's highest ROA % was 16.54%. The lowest was 0.60%. And the median was 7.02%.
OSL:ELMRA's ROA % is ranked better than 53.42% of 511
companies
in the Utilities - Regulated industry
Industry Median: 3.05
vs OSL:ELMRA: 3.23
Elmera Group ASA (OSL:ELMRA) 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 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 four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.
Elmera Group ASA ROA % Related Terms
Elmera Group ASA ROA % Historical Data
* Premium members only.
The historical data trend for Elmera Group ASA'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.
For the Utilities - Regulated Electric subindustry, Elmera Group ASA'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.
Elmera Group ASA ROA % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Elmera Group ASA's ROA % distribution charts can be found below:
* The bar in red indicates where Elmera Group ASA'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 four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Elmera Group ASA (OSL:ELMRA) has a ROA % of 4.88% 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 Elmera Group ASA and its competitors. This is 30% below median its historical median of 7.02. Over the past decade, Elmera Group ASA's ROA % has ranged from 0.60 to 16.54. According to the industry distribution chart, Elmera Group ASA ranks #238 out of 511 companies in the Utilities - Regulated industry, placing it in the top 46.6%.
Is Elmera Group ASA's ROA % too high?
Elmera Group ASA's current ROA % of 4.88% is 30% below median its 10-year median of 7.02. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 16.54. The Utilities - Regulated industry median ROA % is 3.05. Elmera Group ASA's value of 4.88% is 60% above this industry median. Based on the distribution chart, Elmera Group ASA ranks #238 out of 511 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Elmera Group ASA has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elmera Group ASA's ROA % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Elmera Group ASA ranks #238 out of 511 companies for ROA %. This puts Elmera Group ASA in the upper half of its industry. The industry median ROA % is 3.05. Elmera Group ASA's value of 4.88% is 60% above this benchmark. Historically, Elmera Group ASA's own ROA % has ranged from 0.60 to 16.54 over the past decade. While the company's 10-year median is 7.02 vs. the industry median of 3.05, Elmera Group ASA 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 Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.05, based on 511 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. Elmera Group ASA's current ROA % of 4.88% is 60% 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 Elmera Group ASA and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elmera Group ASA's current ROA % is 4.88%, which is 30% below median its own 10-year median of 7.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elmera Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Elmera Group ASA (OSL:ELMRA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr34.67, compared to a current price of kr46.50 — trading 34.1% above its estimated fair value. The current ROA % is 4.88%, which is 30% below median its 10-year median of 7.02 and 60% above the Utilities - Regulated industry median of 3.05. Elmera Group ASA's overall GF Score™ is 74/100 with 10 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 Elmera Group ASA (OSL:ELMRA), the current ROA % is 4.88% 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 Elmera Group ASA (OSL:ELMRA) Overvalued in 2026?
Based on GuruFocus' analysis, Elmera Group ASA stock appears to be overvalued.
The current stock price of kr46.50 is trading 34.1% above its estimated GF Value™ of kr34.67.
GuruFocus considers Elmera Group ASA to be Significantly Overvalued.
Key valuation signals for OSL:ELMRA:
ROA %: 4.88% (30% below median its 10-year median of 7.02)
GF Value™: kr34.67 vs. price of kr46.50 (34.1% above fair value)
Industry Position: 60% above the Utilities - Regulated median (#238 of 511)
No single metric tells the full story. See the OSL:ELMRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elmera Group ASA is engaged in the sale of electrical power and related services. The company has three operating segments: Consumer, Business, and Nordic. The Consumer segment comprises the sale of electrical power and related services to private consumers in Norway. The Business segment includes the sale of electrical power and related services to business customers in Norway. The Nordic segment involves the sale of electrical power and related services to consumers in Finland and Sweden. It generates the majority of its revenue from the Consumer segment.
74GF Score
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