Dividend Growth SplitTSX:DGS +0.23%56 ROA % is 15.48% as of Dec. 2025, which is 22% above its 10-year median of 12.69. GuruFocus rates TSX:DGS with a GF Score™ of 56/100 and a GF Value™ of C$10.41 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,639 Asset Management companies, Dividend Growth Split ranks better than 85.17% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Dividend Growth Split's annualizedNet Income for the quarter that ended in Dec. 2025 was C$142.1 Mil.
Dividend Growth Split's average Total Assets over the quarter that ended in Dec. 2025 was C$917.9 Mil. Therefore, Dividend Growth Split's annualized ROA % for the quarter that ended in Dec. 2025 was 15.48%.
The historical rank and industry rank for Dividend Growth Split's ROA % or its related term are showing as below:
TSX:DGS'
s ROA % Range Over the Past 10 Years
Min: -13.76 Med: 12.69 Max: 22.33
Current: 16.73
During the past 13 years, Dividend Growth Split's highest ROA % was 22.33%. The lowest was -13.76%. And the median was 12.69%.
TSX:DGS's ROA % is ranked better than 85.17% of 1639
companies
in the Asset Management industry
Industry Median: 3.95
vs TSX:DGS: 16.73
Dividend Growth Split (TSX:DGS) 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 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.
* 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 Asset Management subindustry, Dividend Growth Split'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.
Dividend Growth Split ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Dividend Growth Split's ROA % distribution charts can be found below:
* The bar in red indicates where Dividend Growth Split'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 two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Dividend Growth Split (TSX:DGS) has a ROA % of 15.48% 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 Dividend Growth Split and its competitors. This is 22% above median its historical median of 12.69. According to the industry distribution chart, Dividend Growth Split ranks #243 out of 1639 companies in the Asset Management industry, placing it in the top 14.8%.
Is Dividend Growth Split's ROA % too high?
Dividend Growth Split's current ROA % of 15.48% is 22% above median its 10-year median of 12.69. The Asset Management industry median ROA % is 3.95. Dividend Growth Split's value of 15.48% is 291.9% above this industry median. Based on the distribution chart, Dividend Growth Split ranks #243 out of 1639 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Dividend Growth Split has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dividend Growth Split's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, Dividend Growth Split ranks #243 out of 1639 companies for ROA %. This places Dividend Growth Split in the top 15% of its industry — outperforming the majority of peers. The industry median ROA % is 3.95. Dividend Growth Split's value of 15.48% is 291.9% above this benchmark. While the company's 10-year median is 12.69 vs. the industry median of 3.95, Dividend Growth Split 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 Asset Management company?
The median ROA % among Asset Management companies is 3.95, based on 1,639 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. Dividend Growth Split's current ROA % of 15.48% is 291.9% 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 Dividend Growth Split and its competitors. For the Asset Management industry, the median ROA % is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dividend Growth Split's current ROA % is 15.48%, which is 22% above median its own 10-year median of 12.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dividend Growth Split stock overvalued right now?
Based on GuruFocus' analysis, Dividend Growth Split (TSX:DGS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$10.41, compared to a current price of C$8.69 — trading 16.5% below its estimated fair value. The current ROA % is 15.48%, which is 22% above median its 10-year median of 12.69 and 291.9% above the Asset Management industry median of 3.95. Dividend Growth Split's overall GF Score™ is 56/100 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 Dividend Growth Split (TSX:DGS), the current ROA % is 15.48% 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 Dividend Growth Split (TSX:DGS) Overvalued in 2026?
Based on GuruFocus' analysis, Dividend Growth Split stock appears to be undervalued.
The current stock price of C$8.69 is trading 16.5% below its estimated GF Value™ of C$10.41.
GuruFocus considers Dividend Growth Split to be Modestly Undervalued.
Key valuation signals for TSX:DGS:
ROA %: 15.48% (22% above median its 10-year median of 12.69)
GF Value™: C$10.41 vs. price of C$8.69 (16.5% below fair value)
Industry Position: 291.9% above the Asset Management median (#243 of 1639)
No single metric tells the full story. See the TSX:DGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dividend Growth Split Corp is a Canada-based mutual fund corporation. The fund invests in a portfolio consisting principally of equity securities of Canadian dividend growth companies. In addition, the Fund may hold up to 20% of the total assets of the portfolio in global dividend growth companies for diversification and improved return potential. The firm has the majority of its portfolio composition in the Financials and Energy sectors.
56GF Score
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