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SIC Insurance CoXGHA:SIC 51 ROA % is 5.33% as of Dec. 2024, which is 104% above its 10-year median of 2.61. GuruFocus rates XGHA:SIC with a GF Score™ of 51/100 and a GF Value™ of GHS0.58 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 506 Insurance companies, SIC Insurance Co ranks better than 77.67% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. SIC Insurance Co's annualizedNet Income for the quarter that ended in Dec. 2024 was GHS53.7 Mil.
SIC Insurance Co's average Total Assets over the quarter that ended in Dec. 2024 was GHS1,007.8 Mil. Therefore, SIC Insurance Co's annualized ROA % for the quarter that ended in Dec. 2024 was 5.33%.
The historical rank and industry rank for SIC Insurance Co's ROA % or its related term are showing as below:
XGHA:SIC'
s ROA % Range Over the Past 10 Years
Min: -3.8 Med: 2.61 Max: 9.81
Current: 5.33
During the past 13 years, SIC Insurance Co's highest ROA % was 9.81%. The lowest was -3.80%. And the median was 2.61%.
XGHA:SIC's ROA % is ranked better than 77.67% of 506
companies
in the Insurance industry
Industry Median: 2.62
vs XGHA:SIC: 5.33
SIC Insurance Co (XGHA:SIC) 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 one times the annual (Dec. 2024) net income data. The Revenue data used here is one times the annual (Dec. 2024) 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.
SIC Insurance Co ROA % Related Terms
SIC Insurance Co ROA % Historical Data
* Premium members only.
The historical data trend for SIC Insurance Co'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 Insurance - Property & Casualty subindustry, SIC Insurance Co'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.
SIC Insurance Co ROA % vs Insurance Industry
For the Insurance industry and Financial Services sector, SIC Insurance Co's ROA % distribution charts can be found below:
* The bar in red indicates where SIC Insurance Co'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 one times the annual (Dec. 2024) net income data.
ROA % is displayed in the 30-year financial page.
SIC Insurance Co (XGHA:SIC) has a ROA % of 5.33% as of Dec. 2024. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on SIC Insurance Co and its competitors. This is 104% above median its historical median of 2.61. According to the industry distribution chart, SIC Insurance Co ranks #113 out of 506 companies in the Insurance industry, placing it in the top 22.3%.
Is SIC Insurance Co's ROA % too high?
SIC Insurance Co's current ROA % of 5.33% is 104% above median its 10-year median of 2.61. The Insurance industry median ROA % is 2.62. SIC Insurance Co's value of 5.33% is 103.4% above this industry median. Based on the distribution chart, SIC Insurance Co ranks #113 out of 506 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, SIC Insurance Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SIC Insurance Co's ROA % compare to CB and PGR?
According to the Insurance industry distribution chart, SIC Insurance Co ranks #113 out of 506 companies for ROA %. This places SIC Insurance Co in the top 22% of its industry — outperforming the majority of peers. The industry median ROA % is 2.62. SIC Insurance Co's value of 5.33% is 103.4% above this benchmark. While the company's 10-year median is 2.61 vs. the industry median of 2.62, SIC Insurance Co 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 Insurance company?
The median ROA % among Insurance companies is 2.62, based on 506 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. SIC Insurance Co's current ROA % of 5.33% is 103.4% 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 SIC Insurance Co and its competitors. For the Insurance industry, the median ROA % is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SIC Insurance Co's current ROA % is 5.33%, which is 104% above median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIC Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, SIC Insurance Co (XGHA:SIC) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS0.58, compared to a current price of GHS5.80 — trading 900% above its estimated fair value. The current ROA % is 5.33%, which is 104% above median its 10-year median of 2.61 and 103.4% above the Insurance industry median of 2.62. SIC Insurance Co's overall GF Score™ is 51/100 with 1 warning sign 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 SIC Insurance Co (XGHA:SIC), the current ROA % is 5.33% as of Dec. 2024. 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 SIC Insurance Co (XGHA:SIC) Overvalued in 2026?
Based on GuruFocus' analysis, SIC Insurance Co stock appears to be overvalued.
The current stock price of GHS5.80 is trading 900% above its estimated GF Value™ of GHS0.58.
GuruFocus considers SIC Insurance Co to be Significantly Overvalued.
Key valuation signals for XGHA:SIC:
ROA %: 5.33% (104% above median its 10-year median of 2.61)
GF Value™: GHS0.58 vs. price of GHS5.80 (900% above fair value)
Industry Position: 103.4% above the Insurance median (#113 of 506)
No single metric tells the full story. See the XGHA:SIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SIC Insurance Co Ltd is a Ghana-based insurance company. It offers non-life insurance products, including Motor insurance, Fire insurance, Marine and aviation insurance, Bonds, Engineering, and Accident insurance. Along with its subsidiaries, the company also issues a diversified portfolio of investment services to provide its customers with asset management solutions for their savings and retirement needs, as well as undertaking brokerage services and corporate finance. The firm operates in Ghana. The company generates the majority of its revenue from Fire Insurance.
51GF Score
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