GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Perigee Holdings Inc (OTCPK:PEHD) » Definitions » ROA %
中文

Perigee Holdings (Perigee Holdings) ROA % : -29.55% (As of Apr. 2017)


View and export this data going back to 2006. Start your Free Trial

What is Perigee Holdings ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Perigee Holdings's annualized Net Income for the quarter that ended in Apr. 2017 was $-0.99 Mil. Perigee Holdings's average Total Assets over the quarter that ended in Apr. 2017 was $3.34 Mil. Therefore, Perigee Holdings's annualized ROA % for the quarter that ended in Apr. 2017 was -29.55%.

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

PEHD's ROA % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -0.34
* Ranked among companies with meaningful ROA % only.

Perigee Holdings ROA % Historical Data

The historical data trend for Perigee Holdings'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.

Perigee Holdings ROA % Chart

Perigee Holdings Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.94 -67.47 -84.56 -82.84 -17.13

Perigee Holdings Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 -175.16 11.03 -40.54 -9.08 -29.55

Competitive Comparison of Perigee Holdings's ROA %

For the Shell Companies subindustry, Perigee Holdings'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.


Perigee Holdings's ROA % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Perigee Holdings's ROA % distribution charts can be found below:

* The bar in red indicates where Perigee Holdings's ROA % falls into.



Perigee Holdings ROA % Calculation

Perigee Holdings's annualized ROA % for the fiscal year that ended in Apr. 2017 is calculated as:

ROA %=Net Income (A: Apr. 2017 )/( (Total Assets (A: Apr. 2016 )+Total Assets (A: Apr. 2017 ))/ count )
=-0.568/( (3.332+3.301)/ 2 )
=-0.568/3.3165
=-17.13 %

Perigee Holdings's annualized ROA % for the quarter that ended in Apr. 2017 is calculated as:

ROA %=Net Income (Q: Apr. 2017 )/( (Total Assets (Q: Jan. 2017 )+Total Assets (Q: Apr. 2017 ))/ count )
=-0.988/( (3.387+3.301)/ 2 )
=-0.988/3.344
=-29.55 %

* 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 (Apr. 2017) net income data. ROA % is displayed in the 30-year financial page.


Perigee Holdings  (OTCPK:PEHD) 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: Apr. 2017 )
=Net Income/Total Assets
=-0.988/3.344
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.988 / 0.252)*(0.252 / 3.344)
=Net Margin %*Asset Turnover
=-392.06 %*0.0754
=-29.55 %

Note: The Net Income data used here is four times the quarterly (Apr. 2017) net income data. The Revenue data used here is four times the quarterly (Apr. 2017) 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.


Perigee Holdings ROA % Related Terms

Thank you for viewing the detailed overview of Perigee Holdings's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Perigee Holdings (Perigee Holdings) Business Description

Traded in Other Exchanges
N/A
Address
9605 W. 49th Avenue, Suite 200, Wheat Ridge, CO, USA, 80033
Perigee Holdings Inc is a shell company.
Executives
Sanjay Sabnani director, 10 percent owner, officer: CEO, President, Secretary 11150 SANTA MONICA BLVD. #1500, LOS ANGELES CA 90025
Chuck Timpe director 11111 SANTA MONICA BLVD STE. 550, LOS ANGELES CA 90025

Perigee Holdings (Perigee Holdings) Headlines

From GuruFocus

CrowdGather Provides Shareholder Update

By Marketwired Marketwired 06-12-2018

CrowdGather Provides Shareholder Update

By GlobeNewswire GlobeNewswire 06-12-2018