ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Goodfood Market's annualizedNet Income for the quarter that ended in Feb. 2026 was C$-27.1 Mil.
Goodfood Market's average Total Assets over the quarter that ended in Feb. 2026 was C$35.8 Mil. Therefore, Goodfood Market's annualized ROA % for the quarter that ended in Feb. 2026 was -75.66%.
The historical rank and industry rank for Goodfood Market's ROA % or its related term are showing as below:
TSX:FOOD'
s ROA % Range Over the Past 10 Years
Min: -101.84 Med: -25.74 Max: -4.38
Current: -32.23
During the past 11 years, Goodfood Market's highest ROA % was -4.38%. The lowest was -101.84%. And the median was -25.74%.
TSX:FOOD's ROA % is ranked worse than 91.84% of 98
companies
in the Personal Services industry
Industry Median: 2.495
vs TSX:FOOD: -32.23
Goodfood Market (TSX:FOOD) 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 (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 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.
Goodfood Market ROA % Related Terms
Goodfood Market ROA % Historical Data
* Premium members only.
The historical data trend for Goodfood Market'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 Personal Services subindustry, Goodfood Market'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.
Goodfood Market ROA % vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Goodfood Market's ROA % distribution charts can be found below:
* The bar in red indicates where Goodfood Market'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 (Feb. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Goodfood Market (TSX:FOOD) has a ROA % of -75.66% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Goodfood Market and its competitors. According to the industry distribution chart, Goodfood Market ranks #90 out of 98 companies in the Personal Services industry, placing it in the top 91.8%.
Is Goodfood Market's ROA % too high?
Goodfood Market's current ROA % is -75.66%. Based on the distribution chart, Goodfood Market ranks #90 out of 98 companies in the Personal Services industry, which is in the bottom quartile relative to peers. Overall, Goodfood Market has a GF Score™ of 29/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodfood Market's ROA % compare to ROL and SCI?
According to the Personal Services industry distribution chart, Goodfood Market ranks #90 out of 98 companies for ROA %. This places Goodfood Market in the lower half of its industry. The industry median ROA % is 2.50. 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 Personal Services company?
The median ROA % among Personal Services companies is 2.50, based on 98 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. 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 Goodfood Market and its competitors. For the Personal Services industry, the median ROA % is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodfood Market's current ROA % is -75.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodfood Market stock overvalued right now?
Based on GuruFocus' analysis, Goodfood Market (TSX:FOOD) is currently considered Modestly Overvalued. The stock's GF Value™ is C$0.16, compared to a current price of C$0.18 — trading 12.5% above its estimated fair value. The current ROA % is -75.66%. Goodfood Market's overall GF Score™ is 29/100 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 Goodfood Market (TSX:FOOD), the current ROA % is -75.66% as of Feb. 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 Goodfood Market (TSX:FOOD) Overvalued in 2026?
Based on GuruFocus' analysis, Goodfood Market stock appears to be overvalued.
The current stock price of C$0.18 is trading 12.5% above its estimated GF Value™ of C$0.16.
GuruFocus considers Goodfood Market to be Modestly Overvalued.
Key valuation signals for TSX:FOOD:
ROA %: -75.66%
GF Value™: C$0.16 vs. price of C$0.18 (12.5% above fair value)
No single metric tells the full story. See the TSX:FOOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodfood Market Corp is an online grocery company in Canada that delivers fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfillment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.
29GF Score
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