Apis (WAR:ASA) ROA %: -1.32% (As of Mar. 2026)


What is Apis ROA %?

Apis WAR:ASA ROA % is -1.32% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 288 Forest Products companies, Apis ranks worse than 68.06% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Apis's annualized Net Income for the quarter that ended in Mar. 2026 was zł-0.17 Mil. Apis's average Total Assets over the quarter that ended in Mar. 2026 was zł12.98 Mil. Therefore, Apis's annualized ROA % for the quarter that ended in Mar. 2026 was -1.32%.

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

WAR:ASA' s ROA % Range Over the Past 10 Years
Min: -12.07   Med: -1.39   Max: 11.9
Current: -1.39

During the past 13 years, Apis's highest ROA % was 11.90%. The lowest was -12.07%. And the median was -1.39%.

WAR:ASA's ROA % is ranked worse than
68.06% of 288 companies
in the Forest Products industry
Industry Median: 0.95 vs WAR:ASA: -1.39

Apis  (WAR:ASA) 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
=-0.172/12.983
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.172 / 0)*(0 / 12.983)
=Net Margin %*Asset Turnover
=N/A %*0
=-1.32 %

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.


Apis ROA % Related Terms


Apis ROA % Historical Data

* Premium members only.

The historical data trend for Apis'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.

Apis ROA % Chart

Apis Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 -4.82 -12.07 -11.89 -1.60

Apis Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.00 -0.64 -0.41 -3.21 -1.32

WAR:ASA vs SSD, UFPI, BCC: ROA % Comparison

For the Lumber & Wood Production subindustry, Apis'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.


Apis ROA % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Apis's ROA % distribution charts can be found below:

* The bar in red indicates where Apis's ROA % falls into.



Apis ROA % Calculation

Apis'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 )
=-0.203/( (12.516+12.927)/ 2 )
=-0.203/12.7215
=-1.60 %

Apis'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 )
=-0.172/( (12.927+13.039)/ 2 )
=-0.172/12.983
=-1.32 %

* 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 -1.32% mean?
Apis (WAR:ASA) has a ROA % of -1.32% 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 Apis and its competitors. According to the industry distribution chart, Apis ranks #196 out of 288 companies in the Forest Products industry, placing it in the top 68.1%.
Is Apis' ROA % too high?
Apis' current ROA % is -1.32%. Based on the distribution chart, Apis ranks #196 out of 288 companies in the Forest Products industry, which is below the industry midpoint.
How does Apis' ROA % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Apis ranks #196 out of 288 companies for ROA %. This places Apis in the lower half of its industry. The industry median ROA % is 0.95. 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 Forest Products company?
The median ROA % among Forest Products companies is 0.95, based on 288 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 Apis and its competitors. For the Forest Products industry, the median ROA % is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apis's current ROA % is -1.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apis stock overvalued right now?
Apis (WAR:ASA) has a current ROA % of -1.32%. The current ROA % is -1.32%. 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 Apis (WAR:ASA), the current ROA % is -1.32% 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.

Apis Business Description

Address ul. 3 Maja 47/33, Bilgoraj, POL, 23-400
Apis SA builds is engaged in the construction of all-year wooden houses. It uses conifers to build houses. The company's designs of wooden houses include Project Aga 1 BIS, Aga 2 project, Project AGA 5, Project AGA 6, Project DWOREK ANNA, Project DWOREK APIS, Project DZJ, Taiga project, The Wioletta 1 project and The Wioletta 2 project.