SMMT (Summit Therapeutics) ROA %: -123.25% (As of Jun. 2026)

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.

SMMT Summit Therapeutics Inc SMMT
30 GF Score
Price $17.47
! 2 Warning Signs
View Full Analysis

What is Summit Therapeutics ROA %?

Summit Therapeutics SMMT +1.07% 30 ROA % is -123.25% as of Jun. 2026. GuruFocus rates SMMT with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 1,412 Biotechnology companies, Summit Therapeutics ranks worse than 91.36% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Summit Therapeutics's annualized Net Income for the quarter that ended in Jun. 2026 was $-862.80 Mil. Summit Therapeutics's average Total Assets over the quarter that ended in Jun. 2026 was $700.02 Mil. Therefore, Summit Therapeutics's annualized ROA % for the quarter that ended in Jun. 2026 was -123.25%.

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

SMMT' s ROA % Range Over the Past 10 Years
Min: -181.94   Med: -66.98   Max: 13.79
Current: -156.39

During the past 13 years, Summit Therapeutics's highest ROA % was 13.79%. The lowest was -181.94%. And the median was -66.98%.

SMMT's ROA % is ranked worse than
91.36% of 1412 companies
in the Biotechnology industry
Industry Median: -31.7 vs SMMT: -156.39

Summit Therapeutics  (NAS:SMMT) 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: Jun. 2026 )
=Net Income/Total Assets
=-862.8/700.0205
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-862.8 / 0)*(0 / 700.0205)
=Net Margin %*Asset Turnover
=N/A %*0
=-123.25 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


Summit Therapeutics ROA % Related Terms


Summit Therapeutics ROA % Historical Data

* Premium members only.

The historical data trend for Summit Therapeutics'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.

Summit Therapeutics ROA % Chart

Summit Therapeutics Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -82.09 -20.26 -141.83 -69.32 -181.94

Summit Therapeutics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -639.35 -316.57 -173.10 -108.32 -123.25

SMMT vs TECH, AXSM, KRYS: ROA % Comparison

For the Biotechnology subindustry, Summit Therapeutics'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.


Summit Therapeutics ROA % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Summit Therapeutics's ROA % distribution charts can be found below:

* The bar in red indicates where Summit Therapeutics's ROA % falls into.


SMMT
30GF Score
Summit Therapeutics Inc SMMT
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Summit Therapeutics ROA % Calculation

Summit Therapeutics'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 )
=-1079.586/( (435.56+751.182)/ 2 )
=-1079.586/593.371
=-181.94 %

Summit Therapeutics's annualized ROA % for the quarter that ended in Jun. 2026 is calculated as:

ROA %=Net Income (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=-862.8/( (647.856+752.185)/ 2 )
=-862.8/700.0205
=-123.25 %

* 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 (Jun. 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 -123.25% mean?
Summit Therapeutics (SMMT) has a ROA % of -123.25% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Summit Therapeutics and its competitors. According to the industry distribution chart, Summit Therapeutics ranks #1290 out of 1412 companies in the Biotechnology industry, placing it in the top 91.4%.
Is Summit Therapeutics' ROA % too high?
Summit Therapeutics' current ROA % is -123.25%. Based on the distribution chart, Summit Therapeutics ranks #1290 out of 1412 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Summit Therapeutics has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Summit Therapeutics' ROA % compare to TECH and AXSM?
According to the Biotechnology industry distribution chart, Summit Therapeutics ranks #1290 out of 1412 companies for ROA %. This places Summit Therapeutics in the lower half of its industry. 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 Biotechnology company?
A good ROA % depends on the Biotechnology industry context. 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 Summit Therapeutics and its competitors. Summit Therapeutics's current ROA % is -123.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Therapeutics stock overvalued right now?
Summit Therapeutics (SMMT) has a current ROA % of -123.25%. The current ROA % is -123.25%. Summit Therapeutics' overall GF Score™ is 30/100 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 Summit Therapeutics (SMMT), the current ROA % is -123.25% as of Jun. 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.

Summit Therapeutics Business Description

Other Exchanges SMMT:Mexico
Address 601 Brickell Key Drive, Suite 1000, Miami, FL, USA, 33131
Summit Therapeutics Inc is a biopharmaceutical company that focuses on the discovery, development, and commercialization of novel antibiotics for serious infectious diseases. Its CDI (Clostridiodes difficile infection) product candidate is ridinilazole, an orally administered small molecule antibiotic. It has two geographical segments: the United States and the United Kingdom.
30GF Score

Get the complete analysis for SMMT

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

$17.47
Price