VANAF (Largo Physical Vanadium) ROA %: 109.04% (As of Mar. 2026)


VANAF Largo Physical Vanadium Corp VANAF
39 GF Score
Price $0.60
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What is Largo Physical Vanadium ROA %?

Largo Physical Vanadium VANAF -0.27% 39 ROA % is 109.04% as of Mar. 2026. GuruFocus rates VANAF with a GF Score™ of 39/100. Among 2,661 Metals & Mining companies, Largo Physical Vanadium ranks better than 96.66% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Largo Physical Vanadium's annualized Net Income for the quarter that ended in Mar. 2026 was $22.85 Mil. Largo Physical Vanadium's average Total Assets over the quarter that ended in Mar. 2026 was $20.96 Mil. Therefore, Largo Physical Vanadium's annualized ROA % for the quarter that ended in Mar. 2026 was 109.04%.

The historical rank and industry rank for Largo Physical Vanadium's ROA % or its related term are showing as below:

VANAF' s ROA % Range Over the Past 10 Years
Min: -32.54   Med: -8.08   Max: 29.95
Current: 29.95

During the past 5 years, Largo Physical Vanadium's highest ROA % was 29.95%. The lowest was -32.54%. And the median was -8.08%.

VANAF's ROA % is ranked better than
96.66% of 2661 companies
in the Metals & Mining industry
Industry Median: -16.77 vs VANAF: 29.95

Largo Physical Vanadium  (OTCPK:VANAF) 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: Mar. 2026 )
=Net Income/Total Assets
=22.852/20.957
=(Net Income / Revenue)*(Revenue / Total Assets)
=(22.852 / 23.824)*(23.824 / 20.957)
=Net Margin %*Asset Turnover
=95.92 %*1.1368
=109.04 %

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.


Largo Physical Vanadium ROA % Related Terms


Largo Physical Vanadium ROA % Historical Data

* Premium members only.

The historical data trend for Largo Physical Vanadium'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.

Largo Physical Vanadium ROA % Chart

Largo Physical Vanadium Annual Data
Trend Jul21 Jul22 Dec23 Dec24 Dec25
ROA %
0.00 -0.31 -31.94 -13.96 -1.79

Largo Physical Vanadium Quarterly Data
Jul21 Jul22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.38 -4.51 -3.59 8.87 109.04

Largo Physical Vanadium ROA % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Largo Physical Vanadium'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.


Largo Physical Vanadium ROA % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Largo Physical Vanadium's ROA % distribution charts can be found below:

* The bar in red indicates where Largo Physical Vanadium's ROA % falls into.


VANAF
39GF Score
Largo Physical Vanadium Corp VANAF
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Largo Physical Vanadium ROA % Calculation

Largo Physical Vanadium'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 )
=-0.325/( (18.211+18.048)/ 2 )
=-0.325/18.1295
=-1.79 %

Largo Physical Vanadium's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=22.852/( (18.048+23.866)/ 2 )
=22.852/20.957
=109.04 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 109.04% mean?
Largo Physical Vanadium (VANAF) has a ROA % of 109.04% 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 Largo Physical Vanadium and its competitors. According to the industry distribution chart, Largo Physical Vanadium ranks #89 out of 2661 companies in the Metals & Mining industry, placing it in the top 3.3%.
Is Largo Physical Vanadium's ROA % too high?
Largo Physical Vanadium's current ROA % is 109.04%. Based on the distribution chart, Largo Physical Vanadium ranks #89 out of 2661 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Largo Physical Vanadium has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Largo Physical Vanadium's ROA % compare to competitors?
According to the Metals & Mining industry distribution chart, Largo Physical Vanadium ranks #89 out of 2661 companies for ROA %. This places Largo Physical Vanadium in the top 3% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. 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 Largo Physical Vanadium and its competitors. Largo Physical Vanadium's current ROA % is 109.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Largo Physical Vanadium stock overvalued right now?
Largo Physical Vanadium (VANAF) has a current ROA % of 109.04%. The current ROA % is 109.04%. Largo Physical Vanadium's overall GF Score™ is 39/100. 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 Largo Physical Vanadium (VANAF), the current ROA % is 109.04% 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.

Largo Physical Vanadium Business Description

Other Exchanges VAND:Canada
Address 100 King Street West, Suite 1600, Toronto, ON, CAN, M5X 1G5
Largo Physical Vanadium Corp is engaged in manufacturing high-quality vanadium products. It also aims to provide a secure, convenient, and exchange-traded investment alternative for investors interested in direct investment exposure to physical vanadium and not to speculate about short-term changes in vanadium prices.
39GF Score

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

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