ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. AB Spolka Akcyjna's annualizedNet Income for the quarter that ended in Dec. 2023 was zł278 Mil.
AB Spolka Akcyjna's average Total Assets over the quarter that ended in Dec. 2023 was zł4,236 Mil. Therefore, AB Spolka Akcyjna's annualized ROA % for the quarter that ended in Dec. 2023 was 6.56%.
The historical rank and industry rank for AB Spolka Akcyjna's ROA % or its related term are showing as below:
WAR:ABE'
s ROA % Range Over the Past 10 Years
Min: 2.83 Med: 4.24 Max: 8.34
Current: 8.34
During the past 13 years, AB Spolka Akcyjna's highest ROA % was 8.34%. The lowest was 2.83%. And the median was 4.24%.
WAR:ABE's ROA % is ranked better than 85.23% of 2484
companies
in the Hardware industry
Industry Median: 2.245
vs WAR:ABE: 8.34
AB Spolka Akcyjna ROA % Historical Data
The historical data trend for AB Spolka Akcyjna'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.
Competitive Comparison of AB Spolka Akcyjna's ROA %
For the Electronics & Computer Distribution subindustry, AB Spolka Akcyjna'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.
AB Spolka Akcyjna's ROA % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, AB Spolka Akcyjna's ROA % distribution charts can be found below:
* The bar in red indicates where AB Spolka Akcyjna's ROA % falls into.
AB Spolka Akcyjna ROA % Calculation
AB Spolka Akcyjna's annualized ROA % for the fiscal year that ended in Jun. 2023 is calculated as:
* 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 (Dec. 2023) net income data.
ROA % is displayed in the 30-year financial page.
AB Spolka Akcyjna (WAR:ABE) 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 (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 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.
AB Spolka Akcyjna ROA % Related Terms
Thank you for viewing the detailed overview of AB Spolka Akcyjna's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
AB Spolka Akcyjna is a Poland-based company that operates as a distributor of IT and consumer electronics. The company distributes consumer electronics and equipment connected with mobile telephony, expands its portfolio of products. The group also trades in household appliances, toys, telephone products, and digital terrestrial televisions; and provides cloud computing solutions and other services, and logistics services. In addition, it manufactures personal computers; and engages in retail trade activities. Geographically its business presence can be seen in the region of Poland, the Czech Republic, and Slovakia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WAR:ABE has been successfully added to your 