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Care Property Invest NV/SA (FRA:8OM) ROA % : -6.47% (As of Dec. 2023)


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What is Care Property Invest NV/SA ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Care Property Invest NV/SA's annualized Net Income for the quarter that ended in Dec. 2023 was €-79.07 Mil. Care Property Invest NV/SA's average Total Assets over the quarter that ended in Dec. 2023 was €1,223.01 Mil. Therefore, Care Property Invest NV/SA's annualized ROA % for the quarter that ended in Dec. 2023 was -6.47%.

The historical rank and industry rank for Care Property Invest NV/SA's ROA % or its related term are showing as below:

FRA:8OM' s ROA % Range Over the Past 10 Years
Min: -1.85   Med: 4.79   Max: 8.37
Current: -0.48

During the past 13 years, Care Property Invest NV/SA's highest ROA % was 8.37%. The lowest was -1.85%. And the median was 4.79%.

FRA:8OM's ROA % is ranked worse than
73.97% of 799 companies
in the REITs industry
Industry Median: 2.18 vs FRA:8OM: -0.48

Care Property Invest NV/SA ROA % Historical Data

The historical data trend for Care Property Invest NV/SA'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.

Care Property Invest NV/SA ROA % Chart

Care Property Invest NV/SA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.15 3.01 7.04 8.37 -0.48

Care Property Invest NV/SA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.26 2.18 -1.00 3.47 -6.47

Competitive Comparison of Care Property Invest NV/SA's ROA %

For the REIT - Healthcare Facilities subindustry, Care Property Invest NV/SA'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.


Care Property Invest NV/SA's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Care Property Invest NV/SA's ROA % distribution charts can be found below:

* The bar in red indicates where Care Property Invest NV/SA's ROA % falls into.



Care Property Invest NV/SA ROA % Calculation

Care Property Invest NV/SA'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 )
=-5.758/( (1174.516+1219.91)/ 2 )
=-5.758/1197.213
=-0.48 %

Care Property Invest NV/SA'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 )
=-79.068/( (1226.105+1219.91)/ 2 )
=-79.068/1223.0075
=-6.47 %

* 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.


Care Property Invest NV/SA  (FRA:8OM) 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
=-79.068/1223.0075
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-79.068 / 68.468)*(68.468 / 1223.0075)
=Net Margin %*Asset Turnover
=-115.48 %*0.056
=-6.47 %

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.


Care Property Invest NV/SA ROA % Related Terms

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Care Property Invest NV/SA (FRA:8OM) Business Description

Traded in Other Exchanges
Address
Horstebaan 3, Schoten, BEL, 2900
Care Property Invest NV/SA is a Belgian publicly regulated real estate company specialised in housing for seniors. Care Property Invest develops and finances affordable, high-quality, and attractive care infrastructure and various forms of housing for seniors and people with disabilities such as residential care centres, short-stay centres, groups of assisted living apartments, and residential complexes for people with physical and/or intellectual disabilities.

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