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Maui Land & Pineapple Co (Maui Land & Pineapple Co) ROA % : 5.67% (As of Dec. 2023)


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What is Maui Land & Pineapple Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Maui Land & Pineapple Co's annualized Net Income for the quarter that ended in Dec. 2023 was $2.37 Mil. Maui Land & Pineapple Co's average Total Assets over the quarter that ended in Dec. 2023 was $41.83 Mil. Therefore, Maui Land & Pineapple Co's annualized ROA % for the quarter that ended in Dec. 2023 was 5.67%.

The historical rank and industry rank for Maui Land & Pineapple Co's ROA % or its related term are showing as below:

MLP' s ROA % Range Over the Past 10 Years
Min: -23.75   Med: 2.76   Max: 51.04
Current: -7.34

During the past 13 years, Maui Land & Pineapple Co's highest ROA % was 51.04%. The lowest was -23.75%. And the median was 2.76%.

MLP's ROA % is ranked worse than
89.09% of 1833 companies
in the Real Estate industry
Industry Median: 1.14 vs MLP: -7.34

Maui Land & Pineapple Co ROA % Historical Data

The historical data trend for Maui Land & Pineapple Co'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.

Maui Land & Pineapple Co ROA % Chart

Maui Land & Pineapple Co 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 -23.75 -6.71 -8.95 4.45 -7.28

Maui Land & Pineapple Co 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 -74.87 -12.88 -10.67 -11.50 5.67

Competitive Comparison of Maui Land & Pineapple Co's ROA %

For the Real Estate Services subindustry, Maui Land & Pineapple Co'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.


Maui Land & Pineapple Co's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Maui Land & Pineapple Co's ROA % distribution charts can be found below:

* The bar in red indicates where Maui Land & Pineapple Co's ROA % falls into.



Maui Land & Pineapple Co ROA % Calculation

Maui Land & Pineapple Co'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 )
=-3.08/( (42.406+42.223)/ 2 )
=-3.08/42.3145
=-7.28 %

Maui Land & Pineapple Co'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 )
=2.372/( (41.446+42.223)/ 2 )
=2.372/41.8345
=5.67 %

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


Maui Land & Pineapple Co  (NYSE:MLP) 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
=2.372/41.8345
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.372 / 16.172)*(16.172 / 41.8345)
=Net Margin %*Asset Turnover
=14.67 %*0.3866
=5.67 %

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.


Maui Land & Pineapple Co ROA % Related Terms

Thank you for viewing the detailed overview of Maui Land & Pineapple Co's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Maui Land & Pineapple Co (Maui Land & Pineapple Co) Business Description

Traded in Other Exchanges
N/A
Address
200 Village Road, Lahaina, Maui, HI, USA, 96761
Maui Land & Pineapple Co Inc is a landholding and operating company. ML&P owns, develops, sells, and manages residential, resort, commercial, agricultural, and industrial real estate. It operates in three segments: Real Estate, which includes the development and sale of real estate inventory; Leasing operations include residential, resort, commercial, agricultural, industrial land and property leases; and Resort Amenities segment, which include a membership program that provides certain benefits and privileges within the Kapalua Resort for its members. The majority of its revenue is derived from the Leasing segment. Leasing revenue is generated from restaurants, retail outlets, office buildings, warehouses, and other resort activities.
Executives
Race A. Randle officer: CEO C/O MAUI LAND AND PINEAPPLE COMPANY, INC, 200 VILLAGE ROAD, LAHAINA HI 96761
Paulus Subrata officer: Vice President 200 VILLAGE ROAD, LAHAINA HI 96761
R Scot Sellers director C/O ARCHSTONE-SMITH, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Scott Nadao Kodama officer: Accounting Officer 1698 NANA ST., WAILUKU HI 96793
Glyn Aeppel director 6 WHIPPOORWILL LANE, WESTPORT CT 06880
John Sabin director 44 HERSHA DRIVE, HARRISBURG PA 17102
Wade K Kodama officer: CFO 95-1025 AHIKAO ST., MILILANI HI 96789
Michael Shoma Hotta officer: CFO 200 VILLAGE ROAD, LAHAINA HI 96761
Anthony P. Takitani director 200 VILLAGE ROAD, LAHAINA HI 96761
Ryan L Churchill officer: Senior Vice President P. O. BOX 187, KAHULUI HI 96733
Stephen M Case director, 10 percent owner 1717 RHODE ISLAND AVENUE, N.W., 9TH FLOOR, WASHINGTON DC 20036
Tim T Esaki officer: CFO 200 VILLAGE ROAD, LAHAINA HI 96761
Authur C. Tokin director P. O. BOX 187, KAHULUI HI 96733-6687
John P Durkin officer: CFO P.O. BOX 187, KAHULUI HI 96733-6687
Gerald J Watts officer: VP/General Mngr. MPC 2530 RED HILL AVE, SANTA ANA CA 92705

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