EraNova MetalsSTXPF +1.69%31 ROA % is -5.79% as of Nov. 2025. GuruFocus rates STXPF with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 2,662 Metals & Mining companies, EraNova Metals ranks better than 53.01% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. EraNova Metals's annualizedNet Income for the quarter that ended in Nov. 2025 was $-0.43 Mil.
EraNova Metals's average Total Assets over the quarter that ended in Nov. 2025 was $7.39 Mil. Therefore, EraNova Metals's annualized ROA % for the quarter that ended in Nov. 2025 was -5.79%.
The historical rank and industry rank for EraNova Metals's ROA % or its related term are showing as below:
STXPF'
s ROA % Range Over the Past 10 Years
Min: -39.78 Med: -12.37 Max: -9.73
Current: -14.18
During the past 8 years, EraNova Metals's highest ROA % was -9.73%. The lowest was -39.78%. And the median was -12.37%.
STXPF's ROA % is ranked better than 53.01% of 2662
companies
in the Metals & Mining industry
Industry Median: -16.81
vs STXPF: -14.18
EraNova Metals (OTCPK:STXPF) 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 banks 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:
Note:
The Net Income data used here is four times the quarterly (Nov. 2025) net income data. The Revenue data used here is four times the quarterly (Nov. 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.
EraNova Metals ROA % Related Terms
EraNova Metals ROA % Historical Data
* Premium members only.
The historical data trend for EraNova Metals'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.
For the Other Industrial Metals & Mining subindustry, EraNova Metals'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.
EraNova Metals ROA % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, EraNova Metals's ROA % distribution charts can be found below:
* The bar in red indicates where EraNova Metals's ROA % falls into.
* 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 (Nov. 2025) net income data.
ROA % is displayed in the 30-year financial page.
EraNova Metals (STXPF) has a ROA % of -5.79% as of Nov. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on EraNova Metals and its competitors. According to the industry distribution chart, EraNova Metals ranks #1251 out of 2662 companies in the Metals & Mining industry, placing it in the top 47%.
Is EraNova Metals' ROA % too high?
EraNova Metals' current ROA % is -5.79%. Based on the distribution chart, EraNova Metals ranks #1251 out of 2662 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, EraNova Metals has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does EraNova Metals' ROA % compare to competitors?
According to the Metals & Mining industry distribution chart, EraNova Metals ranks #1251 out of 2662 companies for ROA %. This puts EraNova Metals in the upper 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 Metals & Mining company?
A good ROA % depends on the Metals & Mining 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 EraNova Metals and its competitors. EraNova Metals's current ROA % is -5.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EraNova Metals stock overvalued right now?
EraNova Metals (STXPF) has a current ROA % of -5.79%. The current ROA % is -5.79%. EraNova Metals' overall GF Score™ is 31/100 with 1 warning sign 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 EraNova Metals (STXPF), the current ROA % is -5.79% as of Nov. 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.
EraNova Metals Inc is a mineral exploration company focused on exploration and development of precious and base metals properties in western Canada. The company's portfolio of exploration properties includes the flagship Ruby Creek Property, East of Atlin, BC; the South Thompson Nickel Project, northwest of Grand Rapids, Manitoba; and the Big Ledge Property, south of Revelstoke, BC.
31GF Score
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