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Trematon Capital Investments (JSE:TMT) ROA % : 5.52% (As of Aug. 2023)


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What is Trematon Capital Investments ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Trematon Capital Investments's annualized Net Income for the quarter that ended in Aug. 2023 was R136.7 Mil. Trematon Capital Investments's average Total Assets over the quarter that ended in Aug. 2023 was R2,479.2 Mil. Therefore, Trematon Capital Investments's annualized ROA % for the quarter that ended in Aug. 2023 was 5.52%.

The historical rank and industry rank for Trematon Capital Investments's ROA % or its related term are showing as below:

JSE:TMT' s ROA % Range Over the Past 10 Years
Min: -0.7   Med: 2.21   Max: 17.02
Current: 2.88

During the past 13 years, Trematon Capital Investments's highest ROA % was 17.02%. The lowest was -0.70%. And the median was 2.21%.

JSE:TMT's ROA % is ranked better than
67.47% of 1832 companies
in the Real Estate industry
Industry Median: 1.115 vs JSE:TMT: 2.88

Trematon Capital Investments ROA % Historical Data

The historical data trend for Trematon Capital Investments'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.

* Premium members only.

Trematon Capital Investments ROA % Chart

Trematon Capital Investments Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 -0.18 -0.70 0.76 2.84

Trematon Capital Investments Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 -1.49 0.08 1.39 0.26 5.52

Competitive Comparison of Trematon Capital Investments's ROA %

For the Real Estate Services subindustry, Trematon Capital Investments'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.


Trematon Capital Investments's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Trematon Capital Investments's ROA % distribution charts can be found below:

* The bar in red indicates where Trematon Capital Investments's ROA % falls into.



Trematon Capital Investments ROA % Calculation

Trematon Capital Investments's annualized ROA % for the fiscal year that ended in Aug. 2023 is calculated as:

ROA %=Net Income (A: Aug. 2023 )/( (Total Assets (A: Aug. 2022 )+Total Assets (A: Aug. 2023 ))/ count )
=71.578/( (2501.317+2533.831)/ 2 )
=71.578/2517.574
=2.84 %

Trematon Capital Investments's annualized ROA % for the quarter that ended in Aug. 2023 is calculated as:

ROA %=Net Income (Q: Aug. 2023 )/( (Total Assets (Q: Feb. 2023 )+Total Assets (Q: Aug. 2023 ))/ count )
=136.74/( (2424.64+2533.831)/ 2 )
=136.74/2479.2355
=5.52 %

* 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 two times the semi-annual (Aug. 2023) net income data. ROA % is displayed in the 30-year financial page.


Trematon Capital Investments  (JSE:TMT) 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: Aug. 2023 )
=Net Income/Total Assets
=136.74/2479.2355
=(Net Income / Revenue)*(Revenue / Total Assets)
=(136.74 / 543.996)*(543.996 / 2479.2355)
=Net Margin %*Asset Turnover
=25.14 %*0.2194
=5.52 %

Note: The Net Income data used here is two times the semi-annual (Aug. 2023) net income data. The Revenue data used here is two times the semi-annual (Aug. 2023) 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.


Trematon Capital Investments ROA % Related Terms

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Trematon Capital Investments (JSE:TMT) Business Description

Traded in Other Exchanges
N/A
Address
42 Hans Strijdom Avenue, 3rd Floor, Aria North Wharf, Foreshore, Cape Town, WC, ZAF, 8001
Trematon Capital Investments Ltd operates as an investment holding company. The company's operating segment includes Property investments; Education; UK investments and Corporate and other. The company generates maximum revenue from the Property investments segment. The Property investments segment derived income from the sale of investment property and inventory, rental income on investment property, dividend income, and others.

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