Messer Tehnogas a.dXBEL:TGAS 100 ROA % is 13.42% as of Dec. 2025, which is 21% above its 10-year median of 11.06. GuruFocus rates XBEL:TGAS with a GF Score™ of 100/100 and a GF Value™ of RSD28,780.74 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,614 Chemicals companies, Messer Tehnogas a.d ranks better than 93.87% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Messer Tehnogas a.d's annualizedNet Income for the quarter that ended in Dec. 2025 was RSD5,317 Mil.
Messer Tehnogas a.d's average Total Assets over the quarter that ended in Dec. 2025 was RSD39,617 Mil. Therefore, Messer Tehnogas a.d's annualized ROA % for the quarter that ended in Dec. 2025 was 13.42%.
The historical rank and industry rank for Messer Tehnogas a.d's ROA % or its related term are showing as below:
XBEL:TGAS'
s ROA % Range Over the Past 10 Years
Min: 7.81 Med: 11.06 Max: 14.2
Current: 13
During the past 13 years, Messer Tehnogas a.d's highest ROA % was 14.20%. The lowest was 7.81%. And the median was 11.06%.
XBEL:TGAS's ROA % is ranked better than 93.87% of 1614
companies
in the Chemicals industry
Industry Median: 2.9
vs XBEL:TGAS: 13.00
Messer Tehnogas a.d (XBEL:TGAS) 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 two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
Messer Tehnogas a.d ROA % Related Terms
Messer Tehnogas a.d ROA % Historical Data
* Premium members only.
The historical data trend for Messer Tehnogas a.d'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 Chemicals subindustry, Messer Tehnogas a.d'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.
Messer Tehnogas a.d ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Messer Tehnogas a.d's ROA % distribution charts can be found below:
* The bar in red indicates where Messer Tehnogas a.d'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 two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Messer Tehnogas a.d (XBEL:TGAS) has a ROA % of 13.42% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Messer Tehnogas a.d and its competitors. This is 21% above median its historical median of 11.06. Over the past decade, Messer Tehnogas a.d's ROA % has ranged from 7.81 to 14.20. According to the industry distribution chart, Messer Tehnogas a.d ranks #99 out of 1614 companies in the Chemicals industry, placing it in the top 6.1%.
Is Messer Tehnogas a.d's ROA % too high?
Messer Tehnogas a.d's current ROA % of 13.42% is 21% above median its 10-year median of 11.06. Over the past 10 years, this metric has ranged from a low of 7.81 to a high of 14.20. The Chemicals industry median ROA % is 2.90. Messer Tehnogas a.d's value of 13.42% is 362.8% above this industry median. Based on the distribution chart, Messer Tehnogas a.d ranks #99 out of 1614 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Messer Tehnogas a.d has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Messer Tehnogas a.d's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Messer Tehnogas a.d ranks #99 out of 1614 companies for ROA %. This places Messer Tehnogas a.d in the top 6% of its industry — outperforming the majority of peers. The industry median ROA % is 2.90. Messer Tehnogas a.d's value of 13.42% is 362.8% above this benchmark. Historically, Messer Tehnogas a.d's own ROA % has ranged from 7.81 to 14.20 over the past decade. While the company's 10-year median is 11.06 vs. the industry median of 2.90, Messer Tehnogas a.d 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 a Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,614 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. Messer Tehnogas a.d's current ROA % of 13.42% is 362.8% 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 Messer Tehnogas a.d 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. Messer Tehnogas a.d's current ROA % is 13.42%, which is 21% above median its own 10-year median of 11.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Messer Tehnogas a.d stock overvalued right now?
Based on GuruFocus' analysis, Messer Tehnogas a.d (XBEL:TGAS) is currently considered Modestly Overvalued. The stock's GF Value™ is RSD28,780.74, compared to a current price of RSD34,001.00 — trading 18.1% above its estimated fair value. The current ROA % is 13.42%, which is 21% above median its 10-year median of 11.06 and 362.8% above the Chemicals industry median of 2.90. Messer Tehnogas a.d's overall GF Score™ is 100/100 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 Messer Tehnogas a.d (XBEL:TGAS), the current ROA % is 13.42% as of Dec. 2025. 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 Messer Tehnogas a.d (XBEL:TGAS) Overvalued in 2026?
Based on GuruFocus' analysis, Messer Tehnogas a.d stock appears to be overvalued.
The current stock price of RSD34,001.00 is trading 18.1% above its estimated GF Value™ of RSD28,780.74.
GuruFocus considers Messer Tehnogas a.d to be Modestly Overvalued.
Key valuation signals for XBEL:TGAS:
ROA %: 13.42% (21% above median its 10-year median of 11.06)
GF Value™: RSD28,780.74 vs. price of RSD34,001.00 (18.1% above fair value)
Industry Position: 362.8% above the Chemicals median (#99 of 1614)
No single metric tells the full story. See the XBEL:TGAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Messer Tehnogas a.d. is engaged in the production and marketing of industrial and medical gases. The company serves steel and metal, metallurgy, chemical and petrochemical, food and beverage, pharmaceutical, automobile, electronics, medicine, home care, cutting and welding, water treatment and ecology and scientific research industry. Its products include oxygen, azot, argon, hydrogen, helium, home care, special gases, distribution line, HFC refrigerant fluids, natural cooling fluids, and other gases.
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