Black Swan GrapheneTSXV:SWAN 31 ROA % is -30.61% as of Mar. 2026. GuruFocus rates TSXV:SWAN with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 1,619 Chemicals companies, Black Swan Graphene ranks worse than 97.59% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Black Swan Graphene's annualizedNet Income for the quarter that ended in Mar. 2026 was C$-4.05 Mil.
Black Swan Graphene's average Total Assets over the quarter that ended in Mar. 2026 was C$13.22 Mil. Therefore, Black Swan Graphene's annualized ROA % for the quarter that ended in Mar. 2026 was -30.61%.
The historical rank and industry rank for Black Swan Graphene's ROA % or its related term are showing as below:
TSXV:SWAN'
s ROA % Range Over the Past 10 Years
Min: -61.27 Med: -38.85 Max: -13.76
Current: -44.15
During the past 6 years, Black Swan Graphene's highest ROA % was -13.76%. The lowest was -61.27%. And the median was -38.85%.
TSXV:SWAN's ROA % is ranked worse than 97.59% of 1619
companies
in the Chemicals industry
Industry Median: 2.9
vs TSXV:SWAN: -44.15
Black Swan Graphene (TSXV:SWAN) 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 (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 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.
Black Swan Graphene ROA % Related Terms
Black Swan Graphene ROA % Historical Data
* Premium members only.
The historical data trend for Black Swan Graphene'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 Chemicals subindustry, Black Swan Graphene'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.
Black Swan Graphene ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Black Swan Graphene's ROA % distribution charts can be found below:
* The bar in red indicates where Black Swan Graphene'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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Black Swan Graphene (TSXV:SWAN) has a ROA % of -30.61% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Black Swan Graphene and its competitors. According to the industry distribution chart, Black Swan Graphene ranks #1580 out of 1619 companies in the Chemicals industry, placing it in the top 97.6%.
Is Black Swan Graphene's ROA % too high?
Black Swan Graphene's current ROA % is -30.61%. Based on the distribution chart, Black Swan Graphene ranks #1580 out of 1619 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Black Swan Graphene has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Black Swan Graphene's ROA % compare to DOW?
According to the Chemicals industry distribution chart, Black Swan Graphene ranks #1580 out of 1619 companies for ROA %. This places Black Swan Graphene in the lower half of its industry. The industry median ROA % is 2.90. 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 Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,619 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 Black Swan Graphene and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Swan Graphene's current ROA % is -30.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Swan Graphene stock overvalued right now?
Black Swan Graphene (TSXV:SWAN) has a current ROA % of -30.61%. The current ROA % is -30.61%. Black Swan Graphene's overall GF Score™ is 31/100 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 Black Swan Graphene (TSXV:SWAN), the current ROA % is -30.61% as of Mar. 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.
Black Swan Graphene Inc is focused on the large-scale production and commercialization of patented high-performance and low-cost graphene products aimed at several industrial sectors, including concrete, polymer, Li-ion batteries, and others, which are expected to require large volumes of graphene and, in turn, require large volumes of graphite.
31GF Score
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