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Aqar Real Estate Investments CoKC (KUW:AQAR) ROA % : 3.37% (As of Dec. 2023)


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What is Aqar Real Estate Investments CoKC ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Aqar Real Estate Investments CoKC's annualized Net Income for the quarter that ended in Dec. 2023 was KWD1.22 Mil. Aqar Real Estate Investments CoKC's average Total Assets over the quarter that ended in Dec. 2023 was KWD36.16 Mil. Therefore, Aqar Real Estate Investments CoKC's annualized ROA % for the quarter that ended in Dec. 2023 was 3.37%.

The historical rank and industry rank for Aqar Real Estate Investments CoKC's ROA % or its related term are showing as below:

KUW:AQAR' s ROA % Range Over the Past 10 Years
Min: -0.86   Med: 4.78   Max: 7.99
Current: 2.64

During the past 13 years, Aqar Real Estate Investments CoKC's highest ROA % was 7.99%. The lowest was -0.86%. And the median was 4.78%.

KUW:AQAR's ROA % is ranked better than
64.54% of 1830 companies
in the Real Estate industry
Industry Median: 1.18 vs KUW:AQAR: 2.64

Aqar Real Estate Investments CoKC ROA % Historical Data

The historical data trend for Aqar Real Estate Investments CoKC'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.

Aqar Real Estate Investments CoKC ROA % Chart

Aqar Real Estate Investments CoKC 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 7.87 -0.86 1.80 2.80 2.62

Aqar Real Estate Investments CoKC 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 1.58 -2.28 6.25 3.22 3.37

Competitive Comparison of Aqar Real Estate Investments CoKC's ROA %

For the Real Estate Services subindustry, Aqar Real Estate Investments CoKC'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.


Aqar Real Estate Investments CoKC's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aqar Real Estate Investments CoKC's ROA % distribution charts can be found below:

* The bar in red indicates where Aqar Real Estate Investments CoKC's ROA % falls into.



Aqar Real Estate Investments CoKC ROA % Calculation

Aqar Real Estate Investments CoKC'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 )
=0.943/( (35.665+36.446)/ 2 )
=0.943/36.0555
=2.62 %

Aqar Real Estate Investments CoKC'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 )
=1.22/( (35.867+36.446)/ 2 )
=1.22/36.1565
=3.37 %

* 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.


Aqar Real Estate Investments CoKC  (KUW:AQAR) 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
=1.22/36.1565
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.22 / 1.072)*(1.072 / 36.1565)
=Net Margin %*Asset Turnover
=113.81 %*0.0296
=3.37 %

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.


Aqar Real Estate Investments CoKC ROA % Related Terms

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Aqar Real Estate Investments CoKC (KUW:AQAR) Business Description

Traded in Other Exchanges
N/A
Address
Al Sharq - Al Shuhada’a Street, P.O. BOX 20017, Al-Eada Al-Kuwaitia Tower - Floor 14, Safat, Kuwait City, KWT, 13061
Aqar Real Estate Investments Co SAKC is a company based in Kuwait. It is engaged in trading, developing land and real estates, establishing, operating, and investing in hotels, motels, tourist resorts in addition to trading in shares and bonds of real estate companies as well as performing real estate consultancy services. The company operates in three segments which include Real estate segment, Investments segment, and Other segments.

Aqar Real Estate Investments CoKC (KUW:AQAR) Headlines

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