RFAI (RF Acquisition II) ROA %: 0.71% (As of Mar. 2026) — 78% Below Median

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RFAI RF Acquisition Corp II RFAI
17 GF Score
Price $11.10
! 2 Warning Signs
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What is RF Acquisition II ROA %?

RF Acquisition II RFAI +0.27% 17 ROA % is 0.71% as of Mar. 2026, which is 78% below its 10-year median of 3.27. GuruFocus rates RFAI with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 557 Diversified Financial Services companies, RF Acquisition II ranks better than 77.92% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. RF Acquisition II's annualized Net Income for the quarter that ended in Mar. 2026 was $0.38 Mil. RF Acquisition II's average Total Assets over the quarter that ended in Mar. 2026 was $52.90 Mil. Therefore, RF Acquisition II's annualized ROA % for the quarter that ended in Mar. 2026 was 0.71%.

The historical rank and industry rank for RF Acquisition II's ROA % or its related term are showing as below:

RFAI' s ROA % Range Over the Past 10 Years
Min: 2.58   Med: 3.27   Max: 3.9
Current: 2.58

During the past 2 years, RF Acquisition II's highest ROA % was 3.90%. The lowest was 2.58%. And the median was 3.27%.

RFAI's ROA % is ranked better than
77.92% of 557 companies
in the Diversified Financial Services industry
Industry Median: 0.72 vs RFAI: 2.58

RF Acquisition II  (NAS:RFAI) 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
=0.376/52.8955
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.376 / 0)*(0 / 52.8955)
=Net Margin %*Asset Turnover
=N/A %*0
=0.71 %

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.


RF Acquisition II ROA % Related Terms


RF Acquisition II ROA % Historical Data

* Premium members only.

The historical data trend for RF Acquisition II'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.

RF Acquisition II ROA % Chart

RF Acquisition II Annual Data
Trend Dec24 Dec25
ROA %
2.63 3.90

RF Acquisition II Quarterly Data
Feb24 May24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only 3.39 3.54 3.44 0.97 0.71

RFAI vs BYNO, LCCC, JATT: ROA % Comparison

For the Shell Companies subindustry, RF Acquisition II'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.


RF Acquisition II ROA % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, RF Acquisition II's ROA % distribution charts can be found below:

* The bar in red indicates where RF Acquisition II's ROA % falls into.


RFAI
17GF Score
RF Acquisition Corp II RFAI
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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RF Acquisition II ROA % Calculation

RF Acquisition II'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 )
=3.367/( (120.078+52.659)/ 2 )
=3.367/86.3685
=3.90 %

RF Acquisition II's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=0.376/( (52.659+53.132)/ 2 )
=0.376/52.8955
=0.71 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 0.71% mean?
RF Acquisition II (RFAI) has a ROA % of 0.71% 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 RF Acquisition II and its competitors. This is 78% below median its historical median of 3.27. Over the past decade, RF Acquisition II's ROA % has ranged from 2.58 to 3.90. According to the industry distribution chart, RF Acquisition II ranks #123 out of 557 companies in the Diversified Financial Services industry, placing it in the top 22.1%.
Is RF Acquisition II's ROA % too high?
RF Acquisition II's current ROA % of 0.71% is 78% below median its 10-year median of 3.27. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 3.90. The Diversified Financial Services industry median ROA % is 0.72. RF Acquisition II's value of 0.71% is 1.4% below this industry median. Based on the distribution chart, RF Acquisition II ranks #123 out of 557 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, RF Acquisition II has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does RF Acquisition II's ROA % compare to BYNO and LCCC?
According to the Diversified Financial Services industry distribution chart, RF Acquisition II ranks #123 out of 557 companies for ROA %. This places RF Acquisition II in the top 22% of its industry — outperforming the majority of peers. The industry median ROA % is 0.72. RF Acquisition II's value of 0.71% is 1.4% below this benchmark. Historically, RF Acquisition II's own ROA % has ranged from 2.58 to 3.90 over the past decade. While the company's 10-year median is 3.27 vs. the industry median of 0.72, RF Acquisition II has consistently been below 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 Diversified Financial Services company?
The median ROA % among Diversified Financial Services companies is 0.72, based on 557 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. RF Acquisition II's current ROA % of 0.71% is 1.4% below 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 RF Acquisition II and its competitors. For the Diversified Financial Services industry, the median ROA % is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RF Acquisition II's current ROA % is 0.71%, which is 78% below median its own 10-year median of 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RF Acquisition II stock overvalued right now?
RF Acquisition II (RFAI) has a current ROA % of 0.71%. The current ROA % is 0.71%, which is 78% below median its 10-year median of 3.27 and 1.4% below the Diversified Financial Services industry median of 0.72. RF Acquisition II's overall GF Score™ is 17/100 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 RF Acquisition II (RFAI), the current ROA % is 0.71% 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.

RF Acquisition II Business Description

Address 111 Somerset, No. 05-07, Singapore, SGP, 238164
RF Acquisition Corp II is a blank check company.
17GF Score

Get the complete analysis for RFAI

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

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