Power & Infrastructure Split (TSX:PWI) ROA %: 10.34% (As of Dec. 2025) — 20% Above Median


TSX:PWI Power & Infrastructure Split Corp TSX:PWI
59 GF Score
Price C$12.94
GF Value C$53.28
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Power & Infrastructure Split ROA %?

Power & Infrastructure Split TSX:PWI 59 ROA % is 10.34% as of Dec. 2025, which is 20% above its 10-year median of 8.59. GuruFocus rates TSX:PWI with a GF Score™ of 59/100 and a GF Value™ of C$53.28 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,639 Asset Management companies, Power & Infrastructure Split ranks better than 78.58% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Power & Infrastructure Split's annualized Net Income for the quarter that ended in Dec. 2025 was C$6.94 Mil. Power & Infrastructure Split's average Total Assets over the quarter that ended in Dec. 2025 was C$67.18 Mil. Therefore, Power & Infrastructure Split's annualized ROA % for the quarter that ended in Dec. 2025 was 10.34%.

The historical rank and industry rank for Power & Infrastructure Split's ROA % or its related term are showing as below:

TSX:PWI' s ROA % Range Over the Past 10 Years
Min: -14.11   Med: 8.59   Max: 23.74
Current: 12.78

During the past 5 years, Power & Infrastructure Split's highest ROA % was 23.74%. The lowest was -14.11%. And the median was 8.59%.

TSX:PWI's ROA % is ranked better than
78.58% of 1639 companies
in the Asset Management industry
Industry Median: 3.95 vs TSX:PWI: 12.78

Power & Infrastructure Split  (TSX:PWI) 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 bank’s 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:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=6.944/67.179
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6.944 / 13.772)*(13.772 / 67.179)
=Net Margin %*Asset Turnover
=50.42 %*0.205
=10.34 %

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.


Power & Infrastructure Split ROA % Related Terms


Power & Infrastructure Split ROA % Historical Data

* Premium members only.

The historical data trend for Power & Infrastructure Split'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.

Power & Infrastructure Split ROA % Chart

Power & Infrastructure Split Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
6.35 -14.11 8.59 23.74 12.81

Power & Infrastructure Split Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.29 32.11 15.73 15.24 10.34

TSX:PWI vs BLK, BX, KKR: ROA % Comparison

For the Asset Management subindustry, Power & Infrastructure 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.


Power & Infrastructure Split ROA % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Power & Infrastructure Split's ROA % distribution charts can be found below:

* The bar in red indicates where Power & Infrastructure Split's ROA % falls into.


TSX:PWI
59GF Score
Power & Infrastructure Split Corp TSX:PWI
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Power & Infrastructure Split ROA % Calculation

Power & Infrastructure Split's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=8.5/( (65.189+67.559)/ 2 )
=8.5/66.374
=12.81 %

Power & Infrastructure Split's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=6.944/( (66.799+67.559)/ 2 )
=6.944/67.179
=10.34 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 10.34% mean?
Power & Infrastructure Split (TSX:PWI) has a ROA % of 10.34% 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 Power & Infrastructure Split and its competitors. This is 20% above median its historical median of 8.59. According to the industry distribution chart, Power & Infrastructure Split ranks #351 out of 1639 companies in the Asset Management industry, placing it in the top 21.4%.
Is Power & Infrastructure Split's ROA % too high?
Power & Infrastructure Split's current ROA % of 10.34% is 20% above median its 10-year median of 8.59. The Asset Management industry median ROA % is 3.95. Power & Infrastructure Split's value of 10.34% is 161.8% above this industry median. Based on the distribution chart, Power & Infrastructure Split ranks #351 out of 1639 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Power & Infrastructure Split has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Power & Infrastructure Split's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, Power & Infrastructure Split ranks #351 out of 1639 companies for ROA %. This places Power & Infrastructure Split in the top 21% of its industry — outperforming the majority of peers. The industry median ROA % is 3.95. Power & Infrastructure Split's value of 10.34% is 161.8% above this benchmark. While the company's 10-year median is 8.59 vs. the industry median of 3.95, Power & Infrastructure 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. Power & Infrastructure Split's current ROA % of 10.34% is 161.8% 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 Power & Infrastructure 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. Power & Infrastructure Split's current ROA % is 10.34%, which is 20% above median its own 10-year median of 8.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power & Infrastructure Split stock overvalued right now?
Based on GuruFocus' analysis, Power & Infrastructure Split (TSX:PWI) is currently considered Significantly Undervalued. The stock's GF Value™ is C$53.28, compared to a current price of C$12.94 — trading 75.7% below its estimated fair value. The current ROA % is 10.34%, which is 20% above median its 10-year median of 8.59 and 161.8% above the Asset Management industry median of 3.95. Power & Infrastructure Split's overall GF Score™ is 59/100 with 4 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 Power & Infrastructure Split (TSX:PWI), the current ROA % is 10.34% 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 Power & Infrastructure Split (TSX:PWI) Overvalued in 2026?

Based on GuruFocus' analysis, Power & Infrastructure Split stock appears to be undervalued. The current stock price of C$12.94 is trading 75.7% below its estimated GF Value™ of C$53.28. GuruFocus considers Power & Infrastructure Split to be Significantly Undervalued.

Key valuation signals for TSX:PWI:

  • ROA %: 10.34% (20% above median its 10-year median of 8.59)
  • GF Value™: C$53.28 vs. price of C$12.94 (75.7% below fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 161.8% above the Asset Management median (#351 of 1639)

No single metric tells the full story. See the TSX:PWI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Power & Infrastructure Split Business Description

Address 181 Bay Street, Suite 2930, P.O. Box 793, Bay Wellington Tower, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Power & Infrastructure Split Corp is a mutual fund corporation. The company's fund invests in a globally diversified and actively managed portfolio consisting of dividend-paying securities of power and infrastructure companies, whose assets, products, and services the Manager believes are facilitating the multi-decade transition toward decarbonization and environmental sustainability. The company's portfolio includes investments in companies operating in the areas of renewable power, green transportation, energy efficiency, and communications, among others.
59GF Score

Get the complete analysis for TSX:PWI

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$12.94
Price
C$53.28
GF Value