Evertz TechnologiesTSX:ET +0.30%77 ROA % is 14.39% as of Apr. 2026, which is 4% below its 10-year median of 15.00. GuruFocus rates TSX:ET with a GF Score™ of 77/100 and a GF Value™ of C$13.47 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,498 Hardware companies, Evertz Technologies ranks better than 94.6% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Evertz Technologies's annualizedNet Income for the quarter that ended in Apr. 2026 was C$60.6 Mil.
Evertz Technologies's average Total Assets over the quarter that ended in Apr. 2026 was C$421.0 Mil. Therefore, Evertz Technologies's annualized ROA % for the quarter that ended in Apr. 2026 was 14.39%.
The historical rank and industry rank for Evertz Technologies's ROA % or its related term are showing as below:
TSX:ET'
s ROA % Range Over the Past 10 Years
Min: 9.33 Med: 15 Max: 17.55
Current: 14.11
During the past 13 years, Evertz Technologies's highest ROA % was 17.55%. The lowest was 9.33%. And the median was 15.00%.
TSX:ET's ROA % is ranked better than 94.6% of 2498
companies
in the Hardware industry
Industry Median: 2.27
vs TSX:ET: 14.11
Evertz Technologies (TSX:ET) 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 (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 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.
Evertz Technologies ROA % Related Terms
Evertz Technologies ROA % Historical Data
* Premium members only.
The historical data trend for Evertz Technologies'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 Communication Equipment subindustry, Evertz Technologies'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.
Evertz Technologies ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Evertz Technologies's ROA % distribution charts can be found below:
* The bar in red indicates where Evertz Technologies'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 (Apr. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Evertz Technologies (TSX:ET) has a ROA % of 14.39% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Evertz Technologies and its competitors. This is near median its historical median of 15.00. Over the past decade, Evertz Technologies' ROA % has ranged from 9.33 to 17.55. According to the industry distribution chart, Evertz Technologies ranks #135 out of 2498 companies in the Hardware industry, placing it in the top 5.4%.
Is Evertz Technologies' ROA % too high?
Evertz Technologies' current ROA % of 14.39% is near median its 10-year median of 15.00. Over the past 10 years, this metric has ranged from a low of 9.33 to a high of 17.55. The Hardware industry median ROA % is 2.27. Evertz Technologies' value of 14.39% is 533.9% above this industry median. Based on the distribution chart, Evertz Technologies ranks #135 out of 2498 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Evertz Technologies has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evertz Technologies' ROA % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Evertz Technologies ranks #135 out of 2498 companies for ROA %. This places Evertz Technologies in the top 5% of its industry — outperforming the majority of peers. The industry median ROA % is 2.27. Evertz Technologies' value of 14.39% is 533.9% above this benchmark. Historically, Evertz Technologies' own ROA % has ranged from 9.33 to 17.55 over the past decade. While the company's 10-year median is 15.00 vs. the industry median of 2.27, Evertz Technologies 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 Hardware company?
The median ROA % among Hardware companies is 2.27, based on 2,498 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. Evertz Technologies's current ROA % of 14.39% is 533.9% 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 Evertz Technologies and its competitors. For the Hardware industry, the median ROA % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evertz Technologies's current ROA % is 14.39%, which is near median its own 10-year median of 15.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evertz Technologies stock overvalued right now?
Based on GuruFocus' analysis, Evertz Technologies (TSX:ET) is currently considered Modestly Overvalued. The stock's GF Value™ is C$13.47, compared to a current price of C$16.52 — trading 22.6% above its estimated fair value. The current ROA % is 14.39%, which is near median its 10-year median of 15.00 and 533.9% above the Hardware industry median of 2.27. Evertz Technologies' overall GF Score™ is 77/100 with 9 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 Evertz Technologies (TSX:ET), the current ROA % is 14.39% as of Apr. 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 Evertz Technologies (TSX:ET) Overvalued in 2026?
Based on GuruFocus' analysis, Evertz Technologies stock appears to be overvalued.
The current stock price of C$16.52 is trading 22.6% above its estimated GF Value™ of C$13.47.
GuruFocus considers Evertz Technologies to be Modestly Overvalued.
Key valuation signals for TSX:ET:
ROA %: 14.39% (near median its 10-year median of 15.00)
GF Value™: C$13.47 vs. price of C$16.52 (22.6% above fair value)
Industry Position: 533.9% above the Hardware median (#135 of 2498)
No single metric tells the full story. See the TSX:ET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.
77GF Score
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