SalMar ASA (STU:JEPA) ROA %: 4.08% (As of Mar. 2026) — 60% Below Median


STU:JEPA SalMar ASA STU:JEPA
95 GF Score
Price €10.70
GF Value €12.68
! 6 Warning Signs
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What is SalMar ASA ROA %?

SalMar ASA STU:JEPA -3.60% 95 ROA % is 4.08% as of Mar. 2026, which is 60% below its 10-year median of 10.18. GuruFocus rates STU:JEPA with a GF Score™ of 95/100 and a GF Value™ of €12.68. The stock has 6 warning signs investors should review. Among 1,990 Consumer Packaged Goods companies, SalMar ASA ranks better than 52.56% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. SalMar ASA's annualized Net Income for the quarter that ended in Mar. 2026 was €204 Mil. SalMar ASA's average Total Assets over the quarter that ended in Mar. 2026 was €4,996 Mil. Therefore, SalMar ASA's annualized ROA % for the quarter that ended in Mar. 2026 was 4.08%.

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

STU:JEPA' s ROA % Range Over the Past 10 Years
Min: 1.97   Med: 10.18   Max: 25.43
Current: 3.58

During the past 13 years, SalMar ASA's highest ROA % was 25.43%. The lowest was 1.97%. And the median was 10.18%.

STU:JEPA's ROA % is ranked better than
52.56% of 1990 companies
in the Consumer Packaged Goods industry
Industry Median: 3.245 vs STU:JEPA: 3.58

SalMar ASA  (STU:JEPA) 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
=203.832/4996.0795
=(Net Income / Revenue)*(Revenue / Total Assets)
=(203.832 / 2320.612)*(2320.612 / 4996.0795)
=Net Margin %*Asset Turnover
=8.78 %*0.4645
=4.08 %

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.


SalMar ASA ROA % Related Terms


SalMar ASA ROA % Historical Data

* Premium members only.

The historical data trend for SalMar ASA'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.

SalMar ASA ROA % Chart

SalMar ASA 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 10.65 7.24 5.25 5.45 1.96

SalMar ASA 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 -2.62 1.42 2.14 6.58 4.08

STU:JEPA vs ADM, BG, TSN: ROA % Comparison

For the Farm Products subindustry, SalMar ASA'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.


SalMar ASA ROA % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SalMar ASA's ROA % distribution charts can be found below:

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


STU:JEPA
95GF Score
SalMar ASA STU:JEPA
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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SalMar ASA ROA % Calculation

SalMar ASA'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 )
=93.369/( (4632.947+4896.248)/ 2 )
=93.369/4764.5975
=1.96 %

SalMar ASA'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 )
=203.832/( (4896.248+5095.911)/ 2 )
=203.832/4996.0795
=4.08 %

* 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 4.08% mean?
SalMar ASA (STU:JEPA) has a ROA % of 4.08% 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 SalMar ASA and its competitors. This is 60% below median its historical median of 10.18. Over the past decade, SalMar ASA's ROA % has ranged from 1.97 to 25.43. According to the industry distribution chart, SalMar ASA ranks #944 out of 1990 companies in the Consumer Packaged Goods industry, placing it in the top 47.4%.
Is SalMar ASA's ROA % too high?
SalMar ASA's current ROA % of 4.08% is 60% below median its 10-year median of 10.18. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 25.43. The Consumer Packaged Goods industry median ROA % is 3.25. SalMar ASA's value of 4.08% is 25.7% above this industry median. Based on the distribution chart, SalMar ASA ranks #944 out of 1990 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, SalMar ASA has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does SalMar ASA's ROA % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, SalMar ASA ranks #944 out of 1990 companies for ROA %. This puts SalMar ASA in the upper half of its industry. The industry median ROA % is 3.25. SalMar ASA's value of 4.08% is 25.7% above this benchmark. Historically, SalMar ASA's own ROA % has ranged from 1.97 to 25.43 over the past decade. While the company's 10-year median is 10.18 vs. the industry median of 3.25, SalMar ASA 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 Consumer Packaged Goods company?
The median ROA % among Consumer Packaged Goods companies is 3.25, based on 1,990 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. SalMar ASA's current ROA % of 4.08% is 25.7% 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 SalMar ASA and its competitors. For the Consumer Packaged Goods industry, the median ROA % is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SalMar ASA's current ROA % is 4.08%, which is 60% below median its own 10-year median of 10.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SalMar ASA stock overvalued right now?
SalMar ASA (STU:JEPA) has a current ROA % of 4.08%. The stock's GF Value™ is €12.68, compared to a current price of €10.70 — trading 15.6% below its estimated fair value. The current ROA % is 4.08%, which is 60% below median its 10-year median of 10.18 and 25.7% above the Consumer Packaged Goods industry median of 3.25. SalMar ASA's overall GF Score™ is 95/100 with 6 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 SalMar ASA (STU:JEPA), the current ROA % is 4.08% 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 SalMar ASA (STU:JEPA) Overvalued in 2026?

Based on GuruFocus' analysis, SalMar ASA stock appears to be undervalued. The current stock price of €10.70 is trading 15.6% below its estimated GF Value™ of €12.68.

Key valuation signals for STU:JEPA:

  • ROA %: 4.08% (60% below median its 10-year median of 10.18)
  • GF Value™: €12.68 vs. price of €10.70 (15.6% below fair value)
  • GF Score™: 95/100 with 6 warning signs
  • Industry Position: 25.7% above the Consumer Packaged Goods median (#944 of 1990)

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


SalMar ASA Business Description

Address Industriveien 51, Kverva, NOR, 7266
SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make them more convenient for customers. The salmon are sold through an in-house salesforce and close partners of the company. Proximity to customers and tracking the use of resources play a factor in delivering the raw material.
95GF Score

Get the complete analysis for STU:JEPA

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

€10.70
Price
€12.68
GF Value