Alpha Adriatic JSC (ZAG:ULPL) ROA %: -6.46% (As of Mar. 2026)


ZAG:ULPL Alpha Adriatic JSC ZAG:ULPL
49 GF Score
Price €10.80
GF Value €19.99
Valuation Possible Value Trap
! 2 Warning Signs
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What is Alpha Adriatic JSC ROA %?

Alpha Adriatic JSC ZAG:ULPL +12.50% 49 ROA % is -6.46% as of Mar. 2026. GuruFocus rates ZAG:ULPL with a GF Score™ of 49/100 and a GF Value™ of €19.99 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,009 Transportation companies, Alpha Adriatic JSC ranks worse than 91.28% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Alpha Adriatic JSC's annualized Net Income for the quarter that ended in Mar. 2026 was €-4.04 Mil. Alpha Adriatic JSC's average Total Assets over the quarter that ended in Mar. 2026 was €62.49 Mil. Therefore, Alpha Adriatic JSC's annualized ROA % for the quarter that ended in Mar. 2026 was -6.46%.

The historical rank and industry rank for Alpha Adriatic JSC's ROA % or its related term are showing as below:

ZAG:ULPL' s ROA % Range Over the Past 10 Years
Min: -27.26   Med: -1.13   Max: 25.36
Current: -5.55

During the past 13 years, Alpha Adriatic JSC's highest ROA % was 25.36%. The lowest was -27.26%. And the median was -1.13%.

ZAG:ULPL's ROA % is ranked worse than
91.28% of 1009 companies
in the Transportation industry
Industry Median: 3.47 vs ZAG:ULPL: -5.55

Alpha Adriatic JSC  (ZAG:ULPL) 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: Mar. 2026 )
=Net Income/Total Assets
=-4.036/62.4865
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.036 / 15.232)*(15.232 / 62.4865)
=Net Margin %*Asset Turnover
=-26.5 %*0.2438
=-6.46 %

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.


Alpha Adriatic JSC ROA % Related Terms


Alpha Adriatic JSC ROA % Historical Data

* Premium members only.

The historical data trend for Alpha Adriatic JSC'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.

Alpha Adriatic JSC ROA % Chart

Alpha Adriatic JSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.39 25.36 11.68 -2.60 2.73

Alpha Adriatic JSC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.52 -2.04 -9.86 -5.83 -6.46

ZAG:ULPL vs UPS, FDX, JBHT: ROA % Comparison

For the Integrated Freight & Logistics subindustry, Alpha Adriatic JSC'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.


Alpha Adriatic JSC ROA % vs Transportation Industry

For the Transportation industry and Industrials sector, Alpha Adriatic JSC's ROA % distribution charts can be found below:

* The bar in red indicates where Alpha Adriatic JSC's ROA % falls into.


ZAG:ULPL
49GF Score
Alpha Adriatic JSC ZAG:ULPL
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpha Adriatic JSC ROA % Calculation

Alpha Adriatic JSC's annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:

ROA %=Net Income (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=1.854/( (59.579+76.116)/ 2 )
=1.854/67.8475
=2.73 %

Alpha Adriatic JSC's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-4.036/( (63.986+60.987)/ 2 )
=-4.036/62.4865
=-6.46 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -6.46% mean?
Alpha Adriatic JSC (ZAG:ULPL) has a ROA % of -6.46% 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 Alpha Adriatic JSC and its competitors. According to the industry distribution chart, Alpha Adriatic JSC ranks #921 out of 1009 companies in the Transportation industry, placing it in the top 91.3%.
Is Alpha Adriatic JSC's ROA % too high?
Alpha Adriatic JSC's current ROA % is -6.46%. Based on the distribution chart, Alpha Adriatic JSC ranks #921 out of 1009 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Alpha Adriatic JSC has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alpha Adriatic JSC's ROA % compare to UPS and FDX?
According to the Transportation industry distribution chart, Alpha Adriatic JSC ranks #921 out of 1009 companies for ROA %. This places Alpha Adriatic JSC in the lower half of its industry. The industry median ROA % is 3.47. 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 Transportation company?
The median ROA % among Transportation companies is 3.47, based on 1,009 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 Alpha Adriatic JSC and its competitors. For the Transportation industry, the median ROA % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Adriatic JSC's current ROA % is -6.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Adriatic JSC stock overvalued right now?
Based on GuruFocus' analysis, Alpha Adriatic JSC (ZAG:ULPL) is currently considered Possible Value Trap. The stock's GF Value™ is €19.99, compared to a current price of €10.80 — trading 46% below its estimated fair value. The current ROA % is -6.46%. Alpha Adriatic JSC's overall GF Score™ is 49/100 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 Alpha Adriatic JSC (ZAG:ULPL), the current ROA % is -6.46% 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 Alpha Adriatic JSC (ZAG:ULPL) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Adriatic JSC stock appears to be undervalued. The current stock price of €10.80 is trading 46% below its estimated GF Value™ of €19.99. GuruFocus considers Alpha Adriatic JSC to be Possible Value Trap.

Key valuation signals for ZAG:ULPL:

  • ROA %: -6.46%
  • GF Value™: €19.99 vs. price of €10.80 (46% below fair value)
  • GF Score™: 49/100 with 2 warning signs

No single metric tells the full story. See the ZAG:ULPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpha Adriatic JSC Business Description

Address Carrarina 6, Pula, HRV, 52100
Alpha Adriatic JSC engaged in activities of international maritime transportation of goods in dry bulk and tanker sectors and providing full ship management services for third parties. It has interests in oil and chemical tankers, and bulk carriers and also provides third-party ship management services for oil and chemical tankers.
49GF Score

Get the complete analysis for ZAG:ULPL

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€10.80
Price
€19.99
GF Value