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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Novus Group International AB's annualizedNet Income for the quarter that ended in Mar. 2026 was kr6.32 Mil.
Novus Group International AB's average Total Assets over the quarter that ended in Mar. 2026 was kr26.16 Mil. Therefore, Novus Group International AB's annualized ROA % for the quarter that ended in Mar. 2026 was 24.15%.
The historical rank and industry rank for Novus Group International AB's ROA % or its related term are showing as below:
XSAT:NOVU'
s ROA % Range Over the Past 10 Years
Min: -10.33 Med: 5.56 Max: 12.04
Current: -0.59
During the past 13 years, Novus Group International AB's highest ROA % was 12.04%. The lowest was -10.33%. And the median was 5.56%.
XSAT:NOVU's ROA % is ranked worse than 73.67% of 1094
companies
in the Business Services industry
Industry Median: 3.485
vs XSAT:NOVU: -0.59
Novus Group International AB (XSAT:NOVU) 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.
Novus Group International AB ROA % Related Terms
Novus Group International AB ROA % Historical 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.
For the Consulting Services subindustry, Novus Group International AB'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.
Novus Group International AB ROA % vs Business Services Industry
For the Business Services industry and Industrials sector, Novus Group International AB's ROA % distribution charts can be found below:
* The bar in red indicates where Novus Group International AB'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.
Novus Group International AB (XSAT:NOVU) has a ROA % of 24.15% 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 Novus Group International AB and its competitors. This is 334% above median its historical median of 5.56. According to the industry distribution chart, Novus Group International AB ranks #806 out of 1094 companies in the Business Services industry, placing it in the top 73.7%.
Is Novus Group International AB's ROA % too high?
Novus Group International AB's current ROA % of 24.15% is 334% above median its 10-year median of 5.56. The Business Services industry median ROA % is 3.49. Novus Group International AB's value of 24.15% is 593% above this industry median. Based on the distribution chart, Novus Group International AB ranks #806 out of 1094 companies in the Business Services industry, which is below the industry midpoint. Overall, Novus Group International AB has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Novus Group International AB's ROA % compare to VRSK and EFX?
According to the Business Services industry distribution chart, Novus Group International AB ranks #806 out of 1094 companies for ROA %. This places Novus Group International AB in the lower half of its industry. The industry median ROA % is 3.49. Novus Group International AB's value of 24.15% is 593% above this benchmark. While the company's 10-year median is 5.56 vs. the industry median of 3.49, Novus Group International AB 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 Business Services company?
The median ROA % among Business Services companies is 3.49, based on 1,094 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. Novus Group International AB's current ROA % of 24.15% is 593% 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 Novus Group International AB and its competitors. For the Business Services industry, the median ROA % is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novus Group International AB's current ROA % is 24.15%, which is 334% above median its own 10-year median of 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Group International AB stock overvalued right now?
Based on GuruFocus' analysis, Novus Group International AB (XSAT:NOVU) is currently considered Fairly Valued. The stock's GF Value™ is kr3.06, compared to a current price of kr3.04 — trading 0.7% below its estimated fair value. The current ROA % is 24.15%, which is 334% above median its 10-year median of 5.56 and 593% above the Business Services industry median of 3.49. Novus Group International AB's overall GF Score™ is 73/100 with 2 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 Novus Group International AB (XSAT:NOVU), the current ROA % is 24.15% 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 Novus Group International AB (XSAT:NOVU) Overvalued in 2026?
Based on GuruFocus' analysis, Novus Group International AB stock appears to be undervalued.
The current stock price of kr3.04 is trading 0.7% below its estimated GF Value™ of kr3.06.
GuruFocus considers Novus Group International AB to be Fairly Valued.
Key valuation signals for XSAT:NOVU:
ROA %: 24.15% (334% above median its 10-year median of 5.56)
GF Value™: kr3.06 vs. price of kr3.04 (0.7% below fair value)
Industry Position: 593% above the Business Services median (#806 of 1094)
No single metric tells the full story. See the XSAT:NOVU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novus Group International AB is a research company which provides analysis and consultancy services in Sweden. It offers solutions in areas, such as Communication, Brand, Marketing, Business Development, Customer and Affiliates, Society, Media, and Opinion.
73GF Score
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