Toplofikatsia Ruse AD (XBUL:TPLR) ROA %: -2.32% (As of Dec. 2025)

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XBUL:TPLR Toplofikatsia Ruse AD XBUL:TPLR
9 GF Score
Price €4.60
! 4 Warning Signs
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What is Toplofikatsia Ruse AD ROA %?

Toplofikatsia Ruse AD XBUL:TPLR 9 ROA % is -2.32% as of Dec. 2025. GuruFocus rates XBUL:TPLR with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 511 Utilities - Regulated companies, Toplofikatsia Ruse AD ranks better than 80.04% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Toplofikatsia Ruse AD's annualized Net Income for the quarter that ended in Dec. 2025 was €-4.7 Mil. Toplofikatsia Ruse AD's average Total Assets over the quarter that ended in Dec. 2025 was €203.6 Mil. Therefore, Toplofikatsia Ruse AD's annualized ROA % for the quarter that ended in Dec. 2025 was -2.32%.

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

XBUL:TPLR' s ROA % Range Over the Past 10 Years
Min: 0.89   Med: 3.45   Max: 6.01
Current: 5.98

During the past 2 years, Toplofikatsia Ruse AD's highest ROA % was 6.01%. The lowest was 0.89%. And the median was 3.45%.

XBUL:TPLR's ROA % is ranked better than
80.04% of 511 companies
in the Utilities - Regulated industry
Industry Median: 3.07 vs XBUL:TPLR: 5.98

Toplofikatsia Ruse AD  (XBUL:TPLR) 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: Dec. 2025 )
=Net Income/Total Assets
=-4.724/203.59
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.724 / 96.678)*(96.678 / 203.59)
=Net Margin %*Asset Turnover
=-4.89 %*0.4749
=-2.32 %

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.


Toplofikatsia Ruse AD ROA % Related Terms


Toplofikatsia Ruse AD ROA % Historical Data

* Premium members only.

The historical data trend for Toplofikatsia Ruse AD'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.

Toplofikatsia Ruse AD ROA % Chart

Toplofikatsia Ruse AD Annual Data
Trend Dec24 Dec25
ROA %
0.89 6.01

Toplofikatsia Ruse AD Semi-Annual Data
Jun21 Jun22 Jun23 Jun24 Dec24 Jun25 Dec25
ROA % Get a 7-Day Free Trial 3.03 9.34 -8.34 14.63 -2.32

XBUL:TPLR vs NEE, SO, DUK: ROA % Comparison

For the Utilities - Regulated Electric subindustry, Toplofikatsia Ruse AD'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.


Toplofikatsia Ruse AD ROA % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Toplofikatsia Ruse AD's ROA % distribution charts can be found below:

* The bar in red indicates where Toplofikatsia Ruse AD's ROA % falls into.


XBUL:TPLR
9GF Score
Toplofikatsia Ruse AD XBUL:TPLR
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Toplofikatsia Ruse AD ROA % Calculation

Toplofikatsia Ruse AD'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 )
=11.866/( (188.217+206.501)/ 2 )
=11.866/197.359
=6.01 %

Toplofikatsia Ruse AD's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-4.724/( (200.679+206.501)/ 2 )
=-4.724/203.59
=-2.32 %

* 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 two times the semi-annual (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -2.32% mean?
Toplofikatsia Ruse AD (XBUL:TPLR) has a ROA % of -2.32% 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 Toplofikatsia Ruse AD and its competitors. Over the past decade, Toplofikatsia Ruse AD's ROA % has ranged from 0.89 to 6.01. According to the industry distribution chart, Toplofikatsia Ruse AD ranks #102 out of 511 companies in the Utilities - Regulated industry, placing it in the top 20%.
Is Toplofikatsia Ruse AD's ROA % too high?
Toplofikatsia Ruse AD's current ROA % is -2.32%. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 6.01. Based on the distribution chart, Toplofikatsia Ruse AD ranks #102 out of 511 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Toplofikatsia Ruse AD has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Toplofikatsia Ruse AD's ROA % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Toplofikatsia Ruse AD ranks #102 out of 511 companies for ROA %. This places Toplofikatsia Ruse AD in the top 20% of its industry — outperforming the majority of peers. The industry median ROA % is 3.07. Historically, Toplofikatsia Ruse AD's own ROA % has ranged from 0.89 to 6.01 over the past decade. 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 Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.07, based on 511 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 Toplofikatsia Ruse AD and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toplofikatsia Ruse AD's current ROA % is -2.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toplofikatsia Ruse AD stock overvalued right now?
Toplofikatsia Ruse AD (XBUL:TPLR) has a current ROA % of -2.32%. The current ROA % is -2.32%. Toplofikatsia Ruse AD's overall GF Score™ is 9/100 with 4 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 Toplofikatsia Ruse AD (XBUL:TPLR), the current ROA % is -2.32% 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.

Toplofikatsia Ruse AD Business Description

Address TPP Iztok Street, Ruse, BGR, 7009
Toplofikatsia Ruse AD is engaged in electricity and heat generation; combined production of electricity and heat; heat transfer; maintenance and operation of low-pressure gas pipelines, and other activities.
9GF 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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