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NCB Financial GroupXJAM:NCBFG -1.02%60 ROA % is 0.42% as of Dec. 2025, which is 64% below its 10-year median of 1.16. GuruFocus rates XJAM:NCBFG with a GF Score™ of 60/100 and a GF Value™ of JMD39.49 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 554 Diversified Financial Services companies, NCB Financial Group ranks better than 51.44% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. NCB Financial Group's annualizedNet Income for the quarter that ended in Dec. 2025 was JMD10,127 Mil.
NCB Financial Group's average Total Assets over the quarter that ended in Dec. 2025 was JMD2,414,767 Mil. Therefore, NCB Financial Group's annualized ROA % for the quarter that ended in Dec. 2025 was 0.42%.
The historical rank and industry rank for NCB Financial Group's ROA % or its related term are showing as below:
XJAM:NCBFG'
s ROA % Range Over the Past 10 Years
Min: 0.12 Med: 1.16 Max: 3.34
Current: 0.97
During the past 13 years, NCB Financial Group's highest ROA % was 3.34%. The lowest was 0.12%. And the median was 1.16%.
XJAM:NCBFG's ROA % is ranked better than 51.44% of 554
companies
in the Diversified Financial Services industry
Industry Median: 0.745
vs XJAM:NCBFG: 0.97
NCB Financial Group (XJAM:NCBFG) 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 (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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.
NCB Financial Group ROA % Related Terms
NCB Financial Group ROA % Historical Data
* Premium members only.
The historical data trend for NCB Financial Group'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 Financial Conglomerates subindustry, NCB Financial Group'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.
NCB Financial Group ROA % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, NCB Financial Group's ROA % distribution charts can be found below:
* The bar in red indicates where NCB Financial Group'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 (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
NCB Financial Group (XJAM:NCBFG) has a ROA % of 0.42% 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 NCB Financial Group and its competitors. This is 64% below median its historical median of 1.16. Over the past decade, NCB Financial Group's ROA % has ranged from 0.12 to 3.34. According to the industry distribution chart, NCB Financial Group ranks #269 out of 554 companies in the Diversified Financial Services industry, placing it in the top 48.6%.
Is NCB Financial Group's ROA % too high?
NCB Financial Group's current ROA % of 0.42% is 64% below median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 3.34. The Diversified Financial Services industry median ROA % is 0.75. NCB Financial Group's value of 0.42% is 43.6% below this industry median. Based on the distribution chart, NCB Financial Group ranks #269 out of 554 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, NCB Financial Group has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCB Financial Group's ROA % compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, NCB Financial Group ranks #269 out of 554 companies for ROA %. This puts NCB Financial Group in the upper half of its industry. The industry median ROA % is 0.75. NCB Financial Group's value of 0.42% is 43.6% below this benchmark. Historically, NCB Financial Group's own ROA % has ranged from 0.12 to 3.34 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 0.75, NCB Financial Group has consistently been below 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 Diversified Financial Services company?
The median ROA % among Diversified Financial Services companies is 0.75, based on 554 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. NCB Financial Group's current ROA % of 0.42% is 43.6% below 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 NCB Financial Group and its competitors. For the Diversified Financial Services industry, the median ROA % is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCB Financial Group's current ROA % is 0.42%, which is 64% below median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCB Financial Group stock overvalued right now?
Based on GuruFocus' analysis, NCB Financial Group (XJAM:NCBFG) is currently considered Significantly Overvalued. The stock's GF Value™ is JMD39.49, compared to a current price of JMD74.00 — trading 87.4% above its estimated fair value. The current ROA % is 0.42%, which is 64% below median its 10-year median of 1.16 and 43.6% below the Diversified Financial Services industry median of 0.75. NCB Financial Group's overall GF Score™ is 60/100 with 6 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 NCB Financial Group (XJAM:NCBFG), the current ROA % is 0.42% 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 NCB Financial Group (XJAM:NCBFG) Overvalued in 2026?
Based on GuruFocus' analysis, NCB Financial Group stock appears to be overvalued.
The current stock price of JMD74.00 is trading 87.4% above its estimated GF Value™ of JMD39.49.
GuruFocus considers NCB Financial Group to be Significantly Overvalued.
Key valuation signals for XJAM:NCBFG:
ROA %: 0.42% (64% below median its 10-year median of 1.16)
GF Value™: JMD39.49 vs. price of JMD74.00 (87.4% above fair value)
Industry Position: 43.6% below the Diversified Financial Services median (#269 of 554)
No single metric tells the full story. See the XJAM:NCBFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NCB Financial Group Ltd provides financial services. Its segments comprise Banking and Investment Activities which includes Consumer & SME Banking, Corporate and Commerical Banking, Payment services, Treasury and Correspondent banking, Wealth, Asset management, and Investment Banking; And Insurance Activities Life and Health Insurance and pension Management, and General Insurance. Maximum revenue is from Life and Health Insurance and pension Management sector, with maximum profit from Jamaica and Trinidad and Tobago.
60GF Score
Get the complete analysis for XJAM:NCBFG
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