Fon SEWAR:FON 70 ROA % is 4.09% as of Mar. 2026. GuruFocus rates WAR:FON with a GF Score™ of 70/100 and a GF Value™ of zł2.66 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 545 Credit Services companies, Fon SE ranks better than 77.98% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Fon SE's annualizedNet Income for the quarter that ended in Mar. 2026 was zł1.54 Mil.
Fon SE's average Total Assets over the quarter that ended in Mar. 2026 was zł37.78 Mil. Therefore, Fon SE's annualized ROA % for the quarter that ended in Mar. 2026 was 4.09%.
The historical rank and industry rank for Fon SE's ROA % or its related term are showing as below:
WAR:FON'
s ROA % Range Over the Past 10 Years
Min: -39.76 Med: -1.29 Max: 6.97
Current: 4.6
During the past 13 years, Fon SE's highest ROA % was 6.97%. The lowest was -39.76%. And the median was -1.29%.
WAR:FON's ROA % is ranked better than 77.98% of 545
companies
in the Credit Services industry
Industry Median: 1.92
vs WAR:FON: 4.60
Fon SE (WAR:FON) 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.
Fon SE ROA % Related Terms
Fon SE ROA % Historical Data
* Premium members only.
The historical data trend for Fon SE'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 Credit Services subindustry, Fon SE'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.
Fon SE ROA % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Fon SE's ROA % distribution charts can be found below:
* The bar in red indicates where Fon SE'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.
Fon SE (WAR:FON) has a ROA % of 4.09% 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 Fon SE and its competitors. According to the industry distribution chart, Fon SE ranks #120 out of 545 companies in the Credit Services industry, placing it in the top 22%.
Is Fon SE's ROA % too high?
Fon SE's current ROA % is 4.09%. The Credit Services industry median ROA % is 1.92. Fon SE's value of 4.09% is 113% above this industry median. Based on the distribution chart, Fon SE ranks #120 out of 545 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Fon SE has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fon SE's ROA % compare to V and MA?
According to the Credit Services industry distribution chart, Fon SE ranks #120 out of 545 companies for ROA %. This places Fon SE in the top 22% of its industry — outperforming the majority of peers. The industry median ROA % is 1.92. Fon SE's value of 4.09% is 113% above this benchmark. 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 Credit Services company?
The median ROA % among Credit Services companies is 1.92, based on 545 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. Fon SE's current ROA % of 4.09% is 113% 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 Fon SE and its competitors. For the Credit Services industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fon SE's current ROA % is 4.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fon SE stock overvalued right now?
Based on GuruFocus' analysis, Fon SE (WAR:FON) is currently considered Possible Value Trap. The stock's GF Value™ is zł2.66, compared to a current price of zł1.80 — trading 32.3% below its estimated fair value. The current ROA % is 4.09% and 113% above the Credit Services industry median of 1.92. Fon SE's overall GF Score™ is 70/100 with 3 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 Fon SE (WAR:FON), the current ROA % is 4.09% 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.
Is Fon SE (WAR:FON) Overvalued in 2026?
Based on GuruFocus' analysis, Fon SE stock appears to be undervalued.
The current stock price of zł1.80 is trading 32.3% below its estimated GF Value™ of zł2.66.
GuruFocus considers Fon SE to be Possible Value Trap.
Key valuation signals for WAR:FON:
ROA %: 4.09%
GF Value™: zł2.66 vs. price of zł1.80 (32.3% below fair value)
Industry Position: 113% above the Credit Services median (#120 of 545)
No single metric tells the full story. See the WAR:FON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fon SE is engaged in financial activities and capital investments. The company offers medium-term cash loans to retail clients and small businesses and generates revenue through interest on loans granted. Geographically, it derives a majority of its revenue from its customers in Poland and the rest from Estonia.
70GF Score
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