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Dusk Group (ASX:DSK) ROA % : 16.67% (As of Dec. 2023)


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What is Dusk Group ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Dusk Group's annualized Net Income for the quarter that ended in Dec. 2023 was A$16.1 Mil. Dusk Group's average Total Assets over the quarter that ended in Dec. 2023 was A$96.6 Mil. Therefore, Dusk Group's annualized ROA % for the quarter that ended in Dec. 2023 was 16.67%.

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

ASX:DSK' s ROA % Range Over the Past 10 Years
Min: 6.33   Med: 21.4   Max: 28.77
Current: 6.33

During the past 4 years, Dusk Group's highest ROA % was 28.77%. The lowest was 6.33%. And the median was 21.40%.

ASX:DSK's ROA % is ranked better than
73.61% of 1118 companies
in the Retail - Cyclical industry
Industry Median: 2.195 vs ASX:DSK: 6.33

Dusk Group ROA % Historical Data

The historical data trend for Dusk Group'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.

Dusk Group ROA % Chart

Dusk Group Annual Data
Trend Jun20 Jun21 Jun22 Jun23
ROA %
- 28.77 21.40 13.03

Dusk Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROA % Get a 7-Day Free Trial 31.84 6.79 27.38 -3.53 16.67

Competitive Comparison of Dusk Group's ROA %

For the Specialty Retail subindustry, Dusk Group'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.


Dusk Group's ROA % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dusk Group's ROA % distribution charts can be found below:

* The bar in red indicates where Dusk Group's ROA % falls into.



Dusk Group ROA % Calculation

Dusk Group's annualized ROA % for the fiscal year that ended in Jun. 2023 is calculated as:

ROA %=Net Income (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=11.587/( (88.275+89.524)/ 2 )
=11.587/88.8995
=13.03 %

Dusk Group's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=16.102/( (89.524+103.639)/ 2 )
=16.102/96.5815
=16.67 %

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


Dusk Group  (ASX:DSK) 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
=16.102/96.5815
=(Net Income / Revenue)*(Revenue / Total Assets)
=(16.102 / 155.704)*(155.704 / 96.5815)
=Net Margin %*Asset Turnover
=10.34 %*1.6122
=16.67 %

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


Dusk Group ROA % Related Terms

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Dusk Group (ASX:DSK) Business Description

Traded in Other Exchanges
Address
75 O'Riordan Street, P.O. Box 6307, Building 1, Level 3, Alexandria, NSW, AUS, 2015
Dusk Group Ltd is a specialty retailer of home fragrance products, including candles, reed diffusers, essential oils, electronic diffusers and air purifiers, and fragrance-related homewares. The Group operates within one operating segment, which is retail sales of home fragrance products and accessories. Geographically, it operates only in Australia.

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