SPGGF (SP Group AS) ROA %: 9.71% (As of Mar. 2026) — 22% Above Median


SPGGF SP Group AS SPGGF
95 GF Score
Price $29.71
GF Value $23.63
! 8 Warning Signs
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What is SP Group AS ROA %?

SP Group AS SPGGF 95 ROA % is 9.71% as of Mar. 2026, which is 22% above its 10-year median of 7.93. GuruFocus rates SPGGF with a GF Score™ of 95/100 and a GF Value™ of $23.63. The stock has 8 warning signs investors should review. Among 1,619 Chemicals companies, SP Group AS ranks better than 82.71% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. SP Group AS's annualized Net Income for the quarter that ended in Mar. 2026 was $61.2 Mil. SP Group AS's average Total Assets over the quarter that ended in Mar. 2026 was $629.9 Mil. Therefore, SP Group AS's annualized ROA % for the quarter that ended in Mar. 2026 was 9.71%.

The historical rank and industry rank for SP Group AS's ROA % or its related term are showing as below:

SPGGF' s ROA % Range Over the Past 10 Years
Min: 5.3   Med: 7.93   Max: 10.17
Current: 8.1

During the past 13 years, SP Group AS's highest ROA % was 10.17%. The lowest was 5.30%. And the median was 7.93%.

SPGGF's ROA % is ranked better than
82.71% of 1619 companies
in the Chemicals industry
Industry Median: 2.9 vs SPGGF: 8.10

SP Group AS  (OTCPK:SPGGF) 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
=61.188/629.877
=(Net Income / Revenue)*(Revenue / Total Assets)
=(61.188 / 597.9)*(597.9 / 629.877)
=Net Margin %*Asset Turnover
=10.23 %*0.9492
=9.71 %

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.


SP Group AS ROA % Related Terms


SP Group AS ROA % Historical Data

* Premium members only.

The historical data trend for SP Group AS'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.

SP Group AS ROA % Chart

SP Group AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.16 7.52 5.37 8.27 7.76

SP Group AS 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 10.00 6.46 6.37 9.71 9.71

SPGGF vs LIN, SHW, ECL: ROA % Comparison

For the Specialty Chemicals subindustry, SP Group AS'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.


SP Group AS ROA % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SP Group AS's ROA % distribution charts can be found below:

* The bar in red indicates where SP Group AS's ROA % falls into.


SPGGF
95GF Score
SP Group AS SPGGF
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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SP Group AS ROA % Calculation

SP Group AS'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 )
=41.546/( (443.943+626.234)/ 2 )
=41.546/535.0885
=7.76 %

SP Group AS'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 )
=61.188/( (626.234+633.52)/ 2 )
=61.188/629.877
=9.71 %

* 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 9.71% mean?
SP Group AS (SPGGF) has a ROA % of 9.71% 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 SP Group AS and its competitors. This is 22% above median its historical median of 7.93. Over the past decade, SP Group AS's ROA % has ranged from 5.30 to 10.17. According to the industry distribution chart, SP Group AS ranks #280 out of 1619 companies in the Chemicals industry, placing it in the top 17.3%.
Is SP Group AS's ROA % too high?
SP Group AS's current ROA % of 9.71% is 22% above median its 10-year median of 7.93. Over the past 10 years, this metric has ranged from a low of 5.30 to a high of 10.17. The Chemicals industry median ROA % is 2.90. SP Group AS's value of 9.71% is 234.8% above this industry median. Based on the distribution chart, SP Group AS ranks #280 out of 1619 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, SP Group AS has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does SP Group AS's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, SP Group AS ranks #280 out of 1619 companies for ROA %. This places SP Group AS in the top 17% of its industry — outperforming the majority of peers. The industry median ROA % is 2.90. SP Group AS's value of 9.71% is 234.8% above this benchmark. Historically, SP Group AS's own ROA % has ranged from 5.30 to 10.17 over the past decade. While the company's 10-year median is 7.93 vs. the industry median of 2.90, SP Group AS 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 Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,619 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. SP Group AS's current ROA % of 9.71% is 234.8% 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 SP Group AS and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP Group AS's current ROA % is 9.71%, which is 22% above median its own 10-year median of 7.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP Group AS stock overvalued right now?
SP Group AS (SPGGF) has a current ROA % of 9.71%. The stock's GF Value™ is $23.63, compared to a current price of $29.71 — trading 25.7% above its estimated fair value. The current ROA % is 9.71%, which is 22% above median its 10-year median of 7.93 and 234.8% above the Chemicals industry median of 2.90. SP Group AS's overall GF Score™ is 95/100 with 8 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 SP Group AS (SPGGF), the current ROA % is 9.71% 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.

Is SP Group AS (SPGGF) Overvalued in 2026?

Based on GuruFocus' analysis, SP Group AS stock appears to be overvalued. The current stock price of $29.71 is trading 25.7% above its estimated GF Value™ of $23.63.

Key valuation signals for SPGGF:

  • ROA %: 9.71% (22% above median its 10-year median of 7.93)
  • GF Value™: $23.63 vs. price of $29.71 (25.7% above fair value)
  • GF Score™: 95/100 with 8 warning signs
  • Industry Position: 234.8% above the Chemicals median (#280 of 1619)

No single metric tells the full story. See the SPGGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SP Group AS Business Description

Other Exchanges SPG:Denmark1PU2:Germany
Address Snavevej 6-10, Sonderso, DNK, 5471
SP Group AS develops and manufactures solutions in plastics using multiple production technologies. It is a supplier of manufactured plastic products for the manufacturing industries. Its solutions include 3D print, Assembly, Blow Moulding, Injection Moulding, , Precision Plastic Machining, among others. Its segments include Denmark, Norway, Sweden, Finland, Latvia, Slovakia, The Netherlands, Poland, North America, China, and Thailand, with Denmark generating the majority of the revenue.
95GF Score

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

$29.71
Price
$23.63
GF Value