SSLZY (Santos) ROA %: 2.51% (As of Dec. 2025) — 27% Below Median


SSLZY Santos Ltd SSLZY
79 GF Score
Price $4.97
GF Value $4.71
Valuation Fairly Valued
! 5 Warning Signs
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What is Santos ROA %?

Santos SSLZY -2.93% 79 ROA % is 2.51% as of Dec. 2025, which is 27% below its 10-year median of 3.45. GuruFocus rates SSLZY with a GF Score™ of 79/100 and a GF Value™ of $4.71 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,025 Oil & Gas companies, Santos ranks better than 53.85% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Santos's annualized Net Income for the quarter that ended in Dec. 2025 was $758 Mil. Santos's average Total Assets over the quarter that ended in Dec. 2025 was $30,204 Mil. Therefore, Santos's annualized ROA % for the quarter that ended in Dec. 2025 was 2.51%.

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

SSLZY' s ROA % Range Over the Past 10 Years
Min: -6.56   Med: 3.45   Max: 7.39
Current: 2.69

During the past 13 years, Santos's highest ROA % was 7.39%. The lowest was -6.56%. And the median was 3.45%.

SSLZY's ROA % is ranked better than
53.85% of 1025 companies
in the Oil & Gas industry
Industry Median: 1.89 vs SSLZY: 2.69

Santos  (OTCPK:SSLZY) 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
=758/30204
=(Net Income / Revenue)*(Revenue / Total Assets)
=(758 / 4584)*(4584 / 30204)
=Net Margin %*Asset Turnover
=16.54 %*0.1518
=2.51 %

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.


Santos ROA % Related Terms


Santos ROA % Historical Data

* Premium members only.

The historical data trend for Santos'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.

Santos ROA % Chart

Santos 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 2.76 7.18 4.83 4.12 2.72

Santos 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 4.30 4.29 3.97 2.95 2.51

SSLZY vs COP, EOG, OXY: ROA % Comparison

For the Oil & Gas E&P subindustry, Santos'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.


Santos ROA % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Santos's ROA % distribution charts can be found below:

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


SSLZY
79GF Score
Santos Ltd SSLZY
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Santos ROA % Calculation

Santos'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 )
=818/( (29633+30530)/ 2 )
=818/30081.5
=2.72 %

Santos'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 )
=758/( (29878+30530)/ 2 )
=758/30204
=2.51 %

* 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 2.51% mean?
Santos (SSLZY) has a ROA % of 2.51% 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 Santos and its competitors. This is 27% below median its historical median of 3.45. According to the industry distribution chart, Santos ranks #473 out of 1025 companies in the Oil & Gas industry, placing it in the top 46.1%.
Is Santos' ROA % too high?
Santos' current ROA % of 2.51% is 27% below median its 10-year median of 3.45. The Oil & Gas industry median ROA % is 1.89. Santos' value of 2.51% is 32.8% above this industry median. Based on the distribution chart, Santos ranks #473 out of 1025 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Santos has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Santos' ROA % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Santos ranks #473 out of 1025 companies for ROA %. This puts Santos in the upper half of its industry. The industry median ROA % is 1.89. Santos' value of 2.51% is 32.8% above this benchmark. While the company's 10-year median is 3.45 vs. the industry median of 1.89, Santos 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 Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.89, based on 1,025 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. Santos's current ROA % of 2.51% is 32.8% 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 Santos and its competitors. For the Oil & Gas industry, the median ROA % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Santos's current ROA % is 2.51%, which is 27% below median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Santos stock overvalued right now?
Based on GuruFocus' analysis, Santos (SSLZY) is currently considered Fairly Valued. The stock's GF Value™ is $4.71, compared to a current price of $4.97 — trading 5.5% above its estimated fair value. The current ROA % is 2.51%, which is 27% below median its 10-year median of 3.45 and 32.8% above the Oil & Gas industry median of 1.89. Santos' overall GF Score™ is 79/100 with 5 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 Santos (SSLZY), the current ROA % is 2.51% 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 Santos (SSLZY) Overvalued in 2026?

Based on GuruFocus' analysis, Santos stock appears to be overvalued. The current stock price of $4.97 is trading 5.5% above its estimated GF Value™ of $4.71. GuruFocus considers Santos to be Fairly Valued.

Key valuation signals for SSLZY:

  • ROA %: 2.51% (27% below median its 10-year median of 3.45)
  • GF Value™: $4.71 vs. price of $4.97 (5.5% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 32.8% above the Oil & Gas median (#473 of 1025)

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


Santos Business Description

Industry EnergyOil & Gas
Address 60 Flinders Street, Ground Floor Santos Centre, Adelaide, SA, AUS, 5000
Santos was founded in 1954. The company's name is an acronym for South Australia Northern Territory Oil Search. The first Cooper Basin gas discovery came in 1963, with initial supplies in 1969. Santos became a major enterprise, though over-reliance on the Cooper Basin, along with the Moomba field's inexorable decline, saw it struggle to maintain relevance in the first decade of the 21st century. However, the stage was set for a renaissance via conversion of coal seam gas into LNG in Queensland and conventional gas to LNG in PNG.
79GF Score

Get the complete analysis for SSLZY

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

$4.97
Price
$4.71
GF Value