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Atlantia SpA (Atlantia SpA) ROE % : 194.90% (As of Jun. 2022)


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What is Atlantia SpA ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Atlantia SpA's annualized net income for the quarter that ended in Jun. 2022 was $23,615 Mil. Atlantia SpA's average Total Stockholders Equity over the quarter that ended in Jun. 2022 was $12,116 Mil. Therefore, Atlantia SpA's annualized ROE % for the quarter that ended in Jun. 2022 was 194.90%.

The historical rank and industry rank for Atlantia SpA's ROE % or its related term are showing as below:

ATASY' s ROE % Range Over the Past 10 Years
Min: -17.31   Med: 11.88   Max: 70.5
Current: 70.5

During the past 13 years, Atlantia SpA's highest ROE % was 70.50%. The lowest was -17.31%. And the median was 11.88%.

ATASY's ROE % is not ranked
in the Construction industry.
Industry Median: 6.68 vs ATASY: 70.50

Atlantia SpA ROE % Historical Data

The historical data trend for Atlantia SpA's ROE % 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.

* Premium members only.

Atlantia SpA ROE % Chart

Atlantia SpA Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.41 8.85 1.70 -18.17 8.46

Atlantia SpA Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROE % 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 7.41 22.41 7.40 16.05 194.90

Competitive Comparison of Atlantia SpA's ROE %

For the Infrastructure Operations subindustry, Atlantia SpA's ROE %, along with its competitors' market caps and ROE % 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.


Atlantia SpA's ROE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Atlantia SpA's ROE % distribution charts can be found below:

* The bar in red indicates where Atlantia SpA's ROE % falls into.



Atlantia SpA ROE % Calculation

Atlantia SpA's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=707.345/( (7530.414+9197.74)/ 2 )
=707.345/8364.077
=8.46 %

Atlantia SpA's annualized ROE % for the quarter that ended in Jun. 2022 is calculated as

ROE %=Net Income (Q: Jun. 2022 )/( (Total Stockholders Equity (Q: Mar. 2022 )+Total Stockholders Equity (Q: Jun. 2022 ))/ count )
=23615.22/( (9691.63+14541.226)/ 2 )
=23615.22/12116.428
=194.90 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2022) net income data. ROE % is displayed in the 30-year financial page.


Atlantia SpA  (OTCPK:ATASY) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=23615.22/12116.428
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(23615.22 / 8469.344)*(8469.344 / 82243.8065)*(82243.8065 / 12116.428)
=Net Margin %*Asset Turnover*Equity Multiplier
=278.83 %*0.103*6.7878
=ROA %*Equity Multiplier
=28.72 %*6.7878
=194.90 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=23615.22/12116.428
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (23615.22 / 1729.388) * (1729.388 / 2393.236) * (2393.236 / 8469.344) * (8469.344 / 82243.8065) * (82243.8065 / 12116.428)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 13.6552 * 0.7226 * 28.26 % * 0.103 * 6.7878
=194.90 %

Note: The net income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Atlantia SpA ROE % Related Terms

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Atlantia SpA (Atlantia SpA) Business Description

Traded in Other Exchanges
N/A
Address
Piazza San Silvestro 8, Rome, ITA, 00187
Atlantia SpA is an Italian industrial company that primarily operates motorways and airports. It operates through the following segments: Italian motorways, overseas motorways, Abertis group, Italian airports, overseas airports, and Atlantia, among other activities. The motorways segments, which constitute the vast majority of company revenue, are engaged in the construction, maintenance, and management of toll roads globally. Airport operations consist of revenue derived from the operation of the Fiumicino and Ciampino airports in Italy and the three airports of Nice, Cannes-Mandelieu, and Saint Tropez in France. Other services include electronic tolling development and various engineering and maintenance activities.