Canadian Large Cap Leaders SplitTSX:NPS +0.52%22 ROA % is 26.96% as of Dec. 2025, which is 35% above its 10-year median of 19.97. GuruFocus rates TSX:NPS with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 1,635 Asset Management companies, Canadian Large Cap Leaders Split ranks better than 88.56% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Canadian Large Cap Leaders Split's annualizedNet Income for the quarter that ended in Dec. 2025 was C$11.54 Mil.
Canadian Large Cap Leaders Split's average Total Assets over the quarter that ended in Dec. 2025 was C$42.79 Mil. Therefore, Canadian Large Cap Leaders Split's annualized ROA % for the quarter that ended in Dec. 2025 was 26.96%.
TSX:NPS'
s ROA % Range Over the Past 10 Years
Min: 19.87 Med: 19.97 Max: 19.97
Current: 19.87
During the past 2 years, Canadian Large Cap Leaders Split's highest ROA % was 19.97%. The lowest was 19.87%. And the median was 19.97%.
TSX:NPS's ROA % is ranked better than 88.56% of 1635
companies
in the Asset Management industry
Industry Median: 3.97
vs TSX:NPS: 19.87
Canadian Large Cap Leaders Split (TSX:NPS) 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.
Canadian Large Cap Leaders Split ROA % Related Terms
Canadian Large Cap Leaders Split ROA % Historical 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.
Canadian Large Cap Leaders Split ROA % Chart
Canadian Large Cap Leaders Split Annual Data
Trend
Dec24
Dec25
ROA %
0.00
19.97
Canadian Large Cap Leaders Split Semi-Annual Data
Dec24
Jun25
Dec25
ROA %
0.00
12.42
26.96
TSX:NPS vs BLK, BX, KKR: ROA % Comparison
For the Asset Management subindustry, Canadian Large Cap Leaders 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.
Canadian Large Cap Leaders Split ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Canadian Large Cap Leaders Split's ROA % distribution charts can be found below:
* The bar in red indicates where Canadian Large Cap Leaders 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.
Canadian Large Cap Leaders Split (TSX:NPS) has a ROA % of 26.96% 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 Canadian Large Cap Leaders Split and its competitors. This is 35% above median its historical median of 19.97. Over the past decade, Canadian Large Cap Leaders Split's ROA % has ranged from 19.87 to 19.97. According to the industry distribution chart, Canadian Large Cap Leaders Split ranks #187 out of 1635 companies in the Asset Management industry, placing it in the top 11.4%.
Is Canadian Large Cap Leaders Split's ROA % too high?
Canadian Large Cap Leaders Split's current ROA % of 26.96% is 35% above median its 10-year median of 19.97. Over the past 10 years, this metric has ranged from a low of 19.87 to a high of 19.97. The Asset Management industry median ROA % is 3.97. Canadian Large Cap Leaders Split's value of 26.96% is 579.1% above this industry median. Based on the distribution chart, Canadian Large Cap Leaders Split ranks #187 out of 1635 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Canadian Large Cap Leaders Split has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Canadian Large Cap Leaders Split's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, Canadian Large Cap Leaders Split ranks #187 out of 1635 companies for ROA %. This places Canadian Large Cap Leaders Split in the top 11% of its industry — outperforming the majority of peers. The industry median ROA % is 3.97. Canadian Large Cap Leaders Split's value of 26.96% is 579.1% above this benchmark. Historically, Canadian Large Cap Leaders Split's own ROA % has ranged from 19.87 to 19.97 over the past decade. While the company's 10-year median is 19.97 vs. the industry median of 3.97, Canadian Large Cap Leaders 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 3.97, based on 1,635 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. Canadian Large Cap Leaders Split's current ROA % of 26.96% is 579.1% 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 Canadian Large Cap Leaders Split and its competitors. For the Asset Management industry, the median ROA % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Large Cap Leaders Split's current ROA % is 26.96%, which is 35% above median its own 10-year median of 19.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Large Cap Leaders Split stock overvalued right now?
Canadian Large Cap Leaders Split (TSX:NPS) has a current ROA % of 26.96%. The current ROA % is 26.96%, which is 35% above median its 10-year median of 19.97 and 579.1% above the Asset Management industry median of 3.97. Canadian Large Cap Leaders Split's overall GF Score™ is 22/100 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 Canadian Large Cap Leaders Split (TSX:NPS), the current ROA % is 26.96% 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.
Canadian Large Cap Leaders Split Business Description
Canadian Large Cap Leaders Split Corp is a mutual fund corporation. The company will be amended prior to closing to create the Preferred Shares and the Class A Shares. The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential quarterly cash distributions and the investment objectives for the Class A Shares are to provide their holders with regular monthly noncumulative cash distributions.
22GF Score
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