FLSmidth ASWBO:FLSM -3.73%42 ROA % is 17.68% as of Mar. 2026, which is 910% above its 10-year median of 1.75. GuruFocus rates WBO:FLSM with a GF Score™ of 42/100 and a GF Value™ of €35.63 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,081 Industrial Products companies, FLSmidth AS ranks worse than 53.07% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. FLSmidth AS's annualizedNet Income for the quarter that ended in Mar. 2026 was €527 Mil.
FLSmidth AS's average Total Assets over the quarter that ended in Mar. 2026 was €2,982 Mil. Therefore, FLSmidth AS's annualized ROA % for the quarter that ended in Mar. 2026 was 17.68%.
The historical rank and industry rank for FLSmidth AS's ROA % or its related term are showing as below:
WBO:FLSM'
s ROA % Range Over the Past 10 Years
Min: 0.33 Med: 1.75 Max: 3.77
Current: 2.66
During the past 13 years, FLSmidth AS's highest ROA % was 3.77%. The lowest was 0.33%. And the median was 1.75%.
WBO:FLSM's ROA % is ranked worse than 53.07% of 3081
companies
in the Industrial Products industry
Industry Median: 3.06
vs WBO:FLSM: 2.66
FLSmidth AS (WBO:FLSM) 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.
FLSmidth AS ROA % Related Terms
FLSmidth AS ROA % Historical Data
* Premium members only.
The historical data trend for FLSmidth AS'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 Specialty Industrial Machinery subindustry, FLSmidth AS'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.
FLSmidth AS ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, FLSmidth AS's ROA % distribution charts can be found below:
* The bar in red indicates where FLSmidth AS'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.
FLSmidth AS (WBO:FLSM) has a ROA % of 17.68% 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 FLSmidth AS and its competitors. This is 910% above median its historical median of 1.75. Over the past decade, FLSmidth AS's ROA % has ranged from 0.33 to 3.77. According to the industry distribution chart, FLSmidth AS ranks #1635 out of 3081 companies in the Industrial Products industry, placing it in the top 53.1%.
Is FLSmidth AS's ROA % too high?
FLSmidth AS's current ROA % of 17.68% is 910% above median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 3.77. The Industrial Products industry median ROA % is 3.06. FLSmidth AS's value of 17.68% is 477.8% above this industry median. Based on the distribution chart, FLSmidth AS ranks #1635 out of 3081 companies in the Industrial Products industry, which is below the industry midpoint. Overall, FLSmidth AS has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FLSmidth AS's ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, FLSmidth AS ranks #1635 out of 3081 companies for ROA %. This places FLSmidth AS in the lower half of its industry. The industry median ROA % is 3.06. FLSmidth AS's value of 17.68% is 477.8% above this benchmark. Historically, FLSmidth AS's own ROA % has ranged from 0.33 to 3.77 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 3.06, FLSmidth AS has consistently been above the industry average. 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 Industrial Products company?
The median ROA % among Industrial Products companies is 3.06, based on 3,081 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. FLSmidth AS's current ROA % of 17.68% is 477.8% 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 FLSmidth AS and its competitors. For the Industrial Products industry, the median ROA % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FLSmidth AS's current ROA % is 17.68%, which is 910% above median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FLSmidth AS stock overvalued right now?
Based on GuruFocus' analysis, FLSmidth AS (WBO:FLSM) is currently considered Significantly Overvalued. The stock's GF Value™ is €35.63, compared to a current price of €65.85 — trading 84.8% above its estimated fair value. The current ROA % is 17.68%, which is 910% above median its 10-year median of 1.75 and 477.8% above the Industrial Products industry median of 3.06. FLSmidth AS's overall GF Score™ is 42/100 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 FLSmidth AS (WBO:FLSM), the current ROA % is 17.68% 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 FLSmidth AS (WBO:FLSM) Overvalued in 2026?
Based on GuruFocus' analysis, FLSmidth AS stock appears to be overvalued.
The current stock price of €65.85 is trading 84.8% above its estimated GF Value™ of €35.63.
GuruFocus considers FLSmidth AS to be Significantly Overvalued.
Key valuation signals for WBO:FLSM:
ROA %: 17.68% (910% above median its 10-year median of 1.75)
GF Value™: €35.63 vs. price of €65.85 (84.8% above fair value)
Industry Position: 477.8% above the Industrial Products median (#1635 of 3081)
No single metric tells the full story. See the WBO:FLSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FLSmidth & Co AS is a Denmark-based company thatsupplies technologies and services to the mining industry, including solutions across processing flowsheets. Its offerings are aimed at supporting operational efficiency, risk management, and environmental considerations in the production of metals and minerals. The company's three segments are: Service, Products, and Pumps, Cyclones & Valves (PC&V). The majority of the company's revenue is generated from the Service segment. Geographically, the company operates across North America, South America, Europe, the Middle East & Africa, and Asia & Australia. Among all regions, South America contributes the majority of revenue.
42GF Score
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