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Organizacion SorianaB de CV (Organizacion SorianaB de CV) ROA % : 2.25% (As of Jun. 2023)


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What is Organizacion SorianaB de CV ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Organizacion SorianaB de CV's annualized Net Income for the quarter that ended in Jun. 2023 was $187 Mil. Organizacion SorianaB de CV's average Total Assets over the quarter that ended in Jun. 2023 was $8,291 Mil. Therefore, Organizacion SorianaB de CV's annualized ROA % for the quarter that ended in Jun. 2023 was 2.25%.

The historical rank and industry rank for Organizacion SorianaB de CV's ROA % or its related term are showing as below:

ONZBF' s ROA % Range Over the Past 10 Years
Min: 2.32   Med: 3.47   Max: 4.64
Current: 3.35

During the past 13 years, Organizacion SorianaB de CV's highest ROA % was 4.64%. The lowest was 2.32%. And the median was 3.47%.

ONZBF's ROA % is ranked better than
58.89% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 2.17 vs ONZBF: 3.35

Organizacion SorianaB de CV ROA % Historical Data

The historical data trend for Organizacion SorianaB de CV'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.

Organizacion SorianaB de CV ROA % Chart

Organizacion SorianaB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.82 2.37 2.49 2.99 3.57

Organizacion SorianaB de CV Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 3.36 2.76 5.67 3.08 2.25

Competitive Comparison of Organizacion SorianaB de CV's ROA %

For the Department Stores subindustry, Organizacion SorianaB de CV'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.


Organizacion SorianaB de CV's ROA % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Organizacion SorianaB de CV's ROA % distribution charts can be found below:

* The bar in red indicates where Organizacion SorianaB de CV's ROA % falls into.



Organizacion SorianaB de CV ROA % Calculation

Organizacion SorianaB de CV's annualized ROA % for the fiscal year that ended in Dec. 2022 is calculated as:

ROA %=Net Income (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=257.643/( (6973.677+7457.273)/ 2 )
=257.643/7215.475
=3.57 %

Organizacion SorianaB de CV's annualized ROA % for the quarter that ended in Jun. 2023 is calculated as:

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=186.892/( (7847.531+8735.006)/ 2 )
=186.892/8291.2685
=2.25 %

* 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 (Jun. 2023) net income data. ROA % is displayed in the 30-year financial page.


Organizacion SorianaB de CV  (OTCPK:ONZBF) 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: Jun. 2023 )
=Net Income/Total Assets
=186.892/8291.2685
=(Net Income / Revenue)*(Revenue / Total Assets)
=(186.892 / 10353.344)*(10353.344 / 8291.2685)
=Net Margin %*Asset Turnover
=1.81 %*1.2487
=2.25 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


Organizacion SorianaB de CV ROA % Related Terms

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Organizacion SorianaB de CV (Organizacion SorianaB de CV) Business Description

Traded in Other Exchanges
Address
Alejandro De rodas 3102-A, Cumbres 8° Sector, Monterrey, MEX, 64610
Organizacion Soriana SAB de CV is a Mexican company with a multiformat strategy. Soriana offers a diverse range of products: food, clothing, healthcare, and basic services. The company operates self-service stores, warehouse clubs, and convenience stores. Store formats are diverse, from hypermarkets with 7,000-square-metre average sales floor area, as with Soriana Hiper; to stores offering low prices on basic commodities, as with Soriano Mercado; to stores offering high-quality products, as with Soriana Super.

Organizacion SorianaB de CV (Organizacion SorianaB de CV) Headlines