SCAXF (Sparta Capital) ROA %: -14.34% (As of Mar. 2026)


What is Sparta Capital ROA %?

Sparta Capital SCAXF ROA % is -14.34% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 3,081 Industrial Products companies, Sparta Capital ranks worse than 80.59% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sparta Capital's annualized Net Income for the quarter that ended in Mar. 2026 was $-0.56 Mil. Sparta Capital's average Total Assets over the quarter that ended in Mar. 2026 was $3.91 Mil. Therefore, Sparta Capital's annualized ROA % for the quarter that ended in Mar. 2026 was -14.34%.

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

SCAXF' s ROA % Range Over the Past 10 Years
Min: -94   Med: -20.67   Max: 11.45
Current: -2.51

During the past 13 years, Sparta Capital's highest ROA % was 11.45%. The lowest was -94.00%. And the median was -20.67%.

SCAXF's ROA % is ranked worse than
80.59% of 3081 companies
in the Industrial Products industry
Industry Median: 3.06 vs SCAXF: -2.51

Sparta Capital  (OTCPK:SCAXF) 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
=-0.56/3.906
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.56 / 7.832)*(7.832 / 3.906)
=Net Margin %*Asset Turnover
=-7.15 %*2.0051
=-14.34 %

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.


Sparta Capital ROA % Related Terms


Sparta Capital ROA % Historical Data

* Premium members only.

The historical data trend for Sparta Capital'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.

Sparta Capital ROA % Chart

Sparta Capital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.44 -36.93 -21.18 -44.71 11.40

Sparta Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 -8.52 -14.32 21.10 -3.10 -14.34

SCAXF vs RAKR, VLTO, ZWS: ROA % Comparison

For the Pollution & Treatment Controls subindustry, Sparta Capital'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.


Sparta Capital ROA % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sparta Capital's ROA % distribution charts can be found below:

* The bar in red indicates where Sparta Capital's ROA % falls into.



Sparta Capital ROA % Calculation

Sparta Capital's annualized ROA % for the fiscal year that ended in Sep. 2025 is calculated as:

ROA %=Net Income (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=0.312/( (1.578+3.898)/ 2 )
=0.312/2.738
=11.40 %

Sparta Capital'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 )
=-0.56/( (4.111+3.701)/ 2 )
=-0.56/3.906
=-14.34 %

* 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 -14.34% mean?
Sparta Capital (SCAXF) has a ROA % of -14.34% 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 Sparta Capital and its competitors. According to the industry distribution chart, Sparta Capital ranks #2483 out of 3081 companies in the Industrial Products industry, placing it in the top 80.6%.
Is Sparta Capital's ROA % too high?
Sparta Capital's current ROA % is -14.34%. Based on the distribution chart, Sparta Capital ranks #2483 out of 3081 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does Sparta Capital's ROA % compare to RAKR and VLTO?
According to the Industrial Products industry distribution chart, Sparta Capital ranks #2483 out of 3081 companies for ROA %. This places Sparta Capital in the lower half of its industry. The industry median ROA % is 3.06. 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 Industrial Products company?
The median ROA % among Industrial Products companies is 3.06, based on 3,081 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 Sparta Capital and its competitors. For the Industrial Products industry, the median ROA % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparta Capital's current ROA % is -14.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparta Capital stock overvalued right now?
Based on GuruFocus' analysis, Sparta Capital (SCAXF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.02, compared to a current price of $0.00 — trading 87% below its estimated fair value. The current ROA % is -14.34%. 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 Sparta Capital (SCAXF), the current ROA % is -14.34% 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.

Sparta Capital Business Description

Address 390 Bay Street, Suite 1200, Toronto, ON, CAN, M5H 2Y2
Sparta Capital Ltd is a Canada-based company focused on product development, manufacturing, distribution, sales, and service across a range of complementary products. The company's reportable business segments include Electronics Recycling and Safety Products. It generates maximum revenue from the Electronics Recycling segment through Re-ECO, which recycles and refurbishes electronic waste and devices.