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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Queen's Road Capital Investment's annualizedNet Income for the quarter that ended in May. 2026 was C$-334.65 Mil.
Queen's Road Capital Investment's average Total Assets over the quarter that ended in May. 2026 was C$833.85 Mil. Therefore, Queen's Road Capital Investment's annualized ROA % for the quarter that ended in May. 2026 was -40.13%.
TSX:QRC'
s ROA % Range Over the Past 10 Years
Min: -200.81 Med: 4.44 Max: 128.39
Current: 47.41
During the past 13 years, Queen's Road Capital Investment's highest ROA % was 128.39%. The lowest was -200.81%. And the median was 4.44%.
TSX:QRC's ROA % is ranked better than 97.8% of 1633
companies
in the Asset Management industry
Industry Median: 4.09
vs TSX:QRC: 47.41
Queen's Road Capital Investment (TSX:QRC) 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 (May. 2026) net income data. The Revenue data used here is four times the quarterly (May. 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.
Queen's Road Capital Investment ROA % Related Terms
Queen's Road Capital Investment 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.
For the Asset Management subindustry, Queen's Road Capital Investment'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.
Queen's Road Capital Investment ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Queen's Road Capital Investment's ROA % distribution charts can be found below:
* The bar in red indicates where Queen's Road Capital Investment'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 (May. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Queen's Road Capital Investment (TSX:QRC) has a ROA % of -40.13% as of May. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Queen's Road Capital Investment and its competitors. According to the industry distribution chart, Queen's Road Capital Investment ranks #36 out of 1633 companies in the Asset Management industry, placing it in the top 2.2%.
Is Queen's Road Capital Investment's ROA % too high?
Queen's Road Capital Investment's current ROA % is -40.13%. Based on the distribution chart, Queen's Road Capital Investment ranks #36 out of 1633 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Queen's Road Capital Investment has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Queen's Road Capital Investment's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, Queen's Road Capital Investment ranks #36 out of 1633 companies for ROA %. This places Queen's Road Capital Investment in the top 2% of its industry — outperforming the majority of peers. The industry median ROA % is 4.09. 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 4.09, based on 1,633 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 Queen's Road Capital Investment and its competitors. For the Asset Management industry, the median ROA % is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Queen's Road Capital Investment's current ROA % is -40.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Queen's Road Capital Investment stock overvalued right now?
Based on GuruFocus' analysis, Queen's Road Capital Investment (TSX:QRC) is currently considered Modestly Overvalued. The stock's GF Value™ is C$12.12, compared to a current price of C$13.40 — trading 10.6% above its estimated fair value. The current ROA % is -40.13%. Queen's Road Capital Investment's overall GF Score™ is 72/100 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 Queen's Road Capital Investment (TSX:QRC), the current ROA % is -40.13% as of May. 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 Queen's Road Capital Investment (TSX:QRC) Overvalued in 2026?
Based on GuruFocus' analysis, Queen's Road Capital Investment stock appears to be overvalued.
The current stock price of C$13.40 is trading 10.6% above its estimated GF Value™ of C$12.12.
GuruFocus considers Queen's Road Capital Investment to be Modestly Overvalued.
Key valuation signals for TSX:QRC:
ROA %: -40.13%
GF Value™: C$12.12 vs. price of C$13.40 (10.6% above fair value)
No single metric tells the full story. See the TSX:QRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Queen's Road Capital Investment Business Description
Queen's Road Capital Investment Ltd is a resource-focused investment company. It invests in privately held and publicly traded resource companies and has one operating segment, being the selection, acquisition, and management of investments. The company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in development or production located in safe jurisdictions.
72GF Score
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