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ESG Emirates Stallions Group PJSC (ADX:ESG) ROA %

: 6.29% (As of Dec. 2023)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. ESG Emirates Stallions Group PJSC's annualized Net Income for the quarter that ended in Dec. 2023 was د.إ167.9 Mil. ESG Emirates Stallions Group PJSC's average Total Assets over the quarter that ended in Dec. 2023 was د.إ2,667.7 Mil. Therefore, ESG Emirates Stallions Group PJSC's annualized ROA % for the quarter that ended in Dec. 2023 was 6.29%.

The historical rank and industry rank for ESG Emirates Stallions Group PJSC's ROA % or its related term are showing as below:

ADX:ESG' s ROA % Range Over the Past 10 Years
Min: 5.02   Med: 12.87   Max: 31.93
Current: 29.85

During the past 4 years, ESG Emirates Stallions Group PJSC's highest ROA % was 31.93%. The lowest was 5.02%. And the median was 12.87%.

ADX:ESG's ROA % is ranked better than
98.85% of 1659 companies
in the Construction industry
Industry Median: 2.63 vs ADX:ESG: 29.85

ESG Emirates Stallions Group PJSC ROA % Historical Data

The historical data trend for ESG Emirates Stallions Group PJSC'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.

ESG Emirates Stallions Group PJSC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROA %
5.02 10.52 15.21 31.93

ESG Emirates Stallions Group PJSC Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
ROA % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.56 20.51 135.96 6.58 6.29

Competitive Comparison

For the Engineering & Construction subindustry, ESG Emirates Stallions Group PJSC'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.


ESG Emirates Stallions Group PJSC ROA % Distribution

For the Construction industry and Industrials sector, ESG Emirates Stallions Group PJSC's ROA % distribution charts can be found below:

* The bar in red indicates where ESG Emirates Stallions Group PJSC's ROA % falls into.



ESG Emirates Stallions Group PJSC ROA % Calculation

ESG Emirates Stallions Group PJSC's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=671.416/( (1144.461+3060.501)/ 2 )
=671.416/2102.481
=31.93 %

ESG Emirates Stallions Group PJSC's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=167.888/( (2274.836+3060.501)/ 2 )
=167.888/2667.6685
=6.29 %

* 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.


ESG Emirates Stallions Group PJSC  (ADX:ESG) 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: Dec. 2023 )
=Net Income/Total Assets
=167.888/2667.6685
=(Net Income / Revenue)*(Revenue / Total Assets)
=(167.888 / 836.548)*(836.548 / 2667.6685)
=Net Margin %*Asset Turnover
=20.07 %*0.3136
=6.29 %

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.


ESG Emirates Stallions Group PJSC ROA % Related Terms

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ESG Emirates Stallions Group PJSC (ADX:ESG) Business Description

Traded in Other Exchanges
N/A
Address
Emirates Stallions Group, The Royal Group Building, PO Box 63811, 5th Floor, Abu Dhabi, ARE
ESG Emirates Stallions Group PJSC main activities are buying, selling, and dividing plots and real estates, management and leasing of real estate and developing real estate, management services of companies and private institutions, performing technical, commercial, and contracting services. The operating segments of company are Contracting & consultancy, Landscaping & Business process/manpower outsourcing.

ESG Emirates Stallions Group PJSC (ADX:ESG) Headlines