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Autogrill SpA (Autogrill SpA) ROA % : -0.78% (As of Dec. 2022)


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What is Autogrill SpA ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Autogrill SpA's annualized Net Income for the quarter that ended in Dec. 2022 was $-35 Mil. Autogrill SpA's average Total Assets over the quarter that ended in Dec. 2022 was $4,422 Mil. Therefore, Autogrill SpA's annualized ROA % for the quarter that ended in Dec. 2022 was -0.78%.

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

ATGSY' s ROA % Range Over the Past 10 Years
Min: -9.44   Med: 2.74   Max: 5.18
Current: -1.29

During the past 13 years, Autogrill SpA's highest ROA % was 5.18%. The lowest was -9.44%. And the median was 2.74%.

ATGSY's ROA % is not ranked
in the Restaurants industry.
Industry Median: 2.56 vs ATGSY: -1.29

Autogrill SpA ROA % Historical Data

The historical data trend for Autogrill SpA'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.

Autogrill SpA ROA % Chart

Autogrill SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.70 5.14 -9.89 -0.81 -1.26

Autogrill SpA Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 -8.48 -5.91 4.62 -1.73 -0.78

Competitive Comparison of Autogrill SpA's ROA %

For the Restaurants subindustry, Autogrill SpA'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.


Autogrill SpA's ROA % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Autogrill SpA's ROA % distribution charts can be found below:

* The bar in red indicates where Autogrill SpA's ROA % falls into.



Autogrill SpA ROA % Calculation

Autogrill SpA's annualized ROA % for the fiscal year that ended in Dec. 2022 is calculated as:

ROA %=Net Income (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=-56.84/( (4654.121+4383.828)/ 2 )
=-56.84/4518.9745
=-1.26 %

Autogrill SpA's annualized ROA % for the quarter that ended in Dec. 2022 is calculated as:

ROA %=Net Income (Q: Dec. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=-34.536/( (4459.877+4383.828)/ 2 )
=-34.536/4421.8525
=-0.78 %

* 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. 2022) net income data. ROA % is displayed in the 30-year financial page.


Autogrill SpA  (OTCPK:ATGSY) 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. 2022 )
=Net Income/Total Assets
=-34.536/4421.8525
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-34.536 / 5404.884)*(5404.884 / 4421.8525)
=Net Margin %*Asset Turnover
=-0.64 %*1.2223
=-0.78 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 2022) 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.


Autogrill SpA ROA % Related Terms

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Autogrill SpA (Autogrill SpA) Business Description

Traded in Other Exchanges
N/A
Address
Centro Direzionale Milanofiori, Palazzo Z, Strada 5, Rozzano, ITA, 20089
Autogrill SpA operates thousands of food and beverage concession stands designed mostly for travellers. It has thousands of locations along motorways and in airports, train stations, and shopping centers. Autogrill's concession stands operate both as proprietary brands, such as Ciao, Bistrot, Puro Gusto, Motta, and Beaudeven, as well as licensed local and international brands, such as Starbucks, Burger King, and Brioche Doree. Roughly half of the company's revenue is generated in North America, where the company has most of its airport locations. The remaining revenue comes from Europe, where the company has far more total locations consisting mostly of locations along motorways in Italy and other parts of Europe.

Autogrill SpA (Autogrill SpA) Headlines

From GuruFocus

David Herro Comments on Autogrill

By Sydnee Gatewood Sydnee Gatewood 04-08-2020