SPXSF (Spirax Group) ROA %: 7.63% (As of Dec. 2025) — 21% Below Median


SPXSF Spirax Group PLC SPXSF
89 GF Score
Price $91.10
GF Value $111.46
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Spirax Group ROA %?

Spirax Group SPXSF 89 ROA % is 7.63% as of Dec. 2025, which is 21% below its 10-year median of 9.66. GuruFocus rates SPXSF with a GF Score™ of 89/100 and a GF Value™ of $111.46 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,081 Industrial Products companies, Spirax Group ranks better than 71.99% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Spirax Group's annualized Net Income for the quarter that ended in Dec. 2025 was $270 Mil. Spirax Group's average Total Assets over the quarter that ended in Dec. 2025 was $3,535 Mil. Therefore, Spirax Group's annualized ROA % for the quarter that ended in Dec. 2025 was 7.63%.

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

SPXSF' s ROA % Range Over the Past 10 Years
Min: 6.16   Med: 9.66   Max: 15.57
Current: 6.21

During the past 13 years, Spirax Group's highest ROA % was 15.57%. The lowest was 6.16%. And the median was 9.66%.

SPXSF's ROA % is ranked better than
71.99% of 3081 companies
in the Industrial Products industry
Industry Median: 3.06 vs SPXSF: 6.21

Spirax Group  (OTCPK:SPXSF) 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: Dec. 2025 )
=Net Income/Total Assets
=269.612/3534.6515
=(Net Income / Revenue)*(Revenue / Total Assets)
=(269.612 / 2357.966)*(2357.966 / 3534.6515)
=Net Margin %*Asset Turnover
=11.43 %*0.6671
=7.63 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.


Spirax Group ROA % Related Terms


Spirax Group ROA % Historical Data

* Premium members only.

The historical data trend for Spirax Group'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.

Spirax Group ROA % Chart

Spirax Group 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 12.95 9.33 6.81 7.14 6.33

Spirax Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 7.48 6.77 7.47 4.97 7.63

SPXSF vs GEV, ETN, PH: ROA % Comparison

For the Specialty Industrial Machinery subindustry, Spirax Group'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.


Spirax Group ROA % vs Industrial Products Industry

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

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


SPXSF
89GF Score
Spirax Group PLC SPXSF
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Spirax Group ROA % Calculation

Spirax Group'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 )
=218.742/( (3343.869+3562.383)/ 2 )
=218.742/3453.126
=6.33 %

Spirax Group's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=269.612/( (3506.92+3562.383)/ 2 )
=269.612/3534.6515
=7.63 %

* 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 two times the semi-annual (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 7.63% mean?
Spirax Group (SPXSF) has a ROA % of 7.63% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Spirax Group and its competitors. This is 21% below median its historical median of 9.66. Over the past decade, Spirax Group's ROA % has ranged from 6.16 to 15.57. According to the industry distribution chart, Spirax Group ranks #863 out of 3081 companies in the Industrial Products industry, placing it in the top 28%.
Is Spirax Group's ROA % too high?
Spirax Group's current ROA % of 7.63% is 21% below median its 10-year median of 9.66. Over the past 10 years, this metric has ranged from a low of 6.16 to a high of 15.57. The Industrial Products industry median ROA % is 3.06. Spirax Group's value of 7.63% is 149.3% above this industry median. Based on the distribution chart, Spirax Group ranks #863 out of 3081 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Spirax Group has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spirax Group's ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Spirax Group ranks #863 out of 3081 companies for ROA %. This puts Spirax Group in the upper half of its industry. The industry median ROA % is 3.06. Spirax Group's value of 7.63% is 149.3% above this benchmark. Historically, Spirax Group's own ROA % has ranged from 6.16 to 15.57 over the past decade. While the company's 10-year median is 9.66 vs. the industry median of 3.06, Spirax Group 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 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. Spirax Group's current ROA % of 7.63% is 149.3% 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 Spirax Group 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. Spirax Group's current ROA % is 7.63%, which is 21% below median its own 10-year median of 9.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirax Group stock overvalued right now?
Based on GuruFocus' analysis, Spirax Group (SPXSF) is currently considered Modestly Undervalued. The stock's GF Value™ is $111.46, compared to a current price of $91.10 — trading 18.3% below its estimated fair value. The current ROA % is 7.63%, which is 21% below median its 10-year median of 9.66 and 149.3% above the Industrial Products industry median of 3.06. Spirax Group's overall GF Score™ is 89/100 with 4 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 Spirax Group (SPXSF), the current ROA % is 7.63% as of Dec. 2025. 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 Spirax Group (SPXSF) Overvalued in 2026?

Based on GuruFocus' analysis, Spirax Group stock appears to be undervalued. The current stock price of $91.10 is trading 18.3% below its estimated GF Value™ of $111.46. GuruFocus considers Spirax Group to be Modestly Undervalued.

Key valuation signals for SPXSF:

  • ROA %: 7.63% (21% below median its 10-year median of 9.66)
  • GF Value™: $111.46 vs. price of $91.10 (18.3% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 149.3% above the Industrial Products median (#863 of 3081)

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


Spirax Group Business Description

Address Cirencester Road, Charlton House, Charlton Kings, Cheltenham, Gloucestershire, GBR, GL53 8ER
Spirax is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions, and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.
89GF Score

Get the complete analysis for SPXSF

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

$91.10
Price
$111.46
GF Value