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FIBRA Macquarie (FIBRA Macquarie) ROA % : 16.85% (As of Sep. 2023)


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What is FIBRA Macquarie ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. FIBRA Macquarie's annualized Net Income for the quarter that ended in Sep. 2023 was $499.7 Mil. FIBRA Macquarie's average Total Assets over the quarter that ended in Sep. 2023 was $2,965.5 Mil. Therefore, FIBRA Macquarie's annualized ROA % for the quarter that ended in Sep. 2023 was 16.85%.

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

DBMBF' s ROA % Range Over the Past 10 Years
Min: 1.24   Med: 4.95   Max: 16.35
Current: 5.08

During the past 11 years, FIBRA Macquarie's highest ROA % was 16.35%. The lowest was 1.24%. And the median was 4.95%.

DBMBF's ROA % is ranked better than
75.81% of 806 companies
in the REITs industry
Industry Median: 2.15 vs DBMBF: 5.08

FIBRA Macquarie ROA % Historical Data

The historical data trend for FIBRA Macquarie'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.

FIBRA Macquarie ROA % Chart

FIBRA Macquarie 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 4.39 1.27 3.59 16.12 5.64

FIBRA Macquarie Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 7.85 -1.00 -6.76 11.56 16.85

Competitive Comparison of FIBRA Macquarie's ROA %

For the REIT - Industrial subindustry, FIBRA Macquarie'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.


FIBRA Macquarie's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, FIBRA Macquarie's ROA % distribution charts can be found below:

* The bar in red indicates where FIBRA Macquarie's ROA % falls into.



FIBRA Macquarie ROA % Calculation

FIBRA Macquarie'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 )
=146.083/( (2481.569+2700.141)/ 2 )
=146.083/2590.855
=5.64 %

FIBRA Macquarie's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=499.712/( (2915.681+3015.26)/ 2 )
=499.712/2965.4705
=16.85 %

* 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 (Sep. 2023) net income data. ROA % is displayed in the 30-year financial page.


FIBRA Macquarie  (OTCPK:DBMBF) 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: Sep. 2023 )
=Net Income/Total Assets
=499.712/2965.4705
=(Net Income / Revenue)*(Revenue / Total Assets)
=(499.712 / 226.476)*(226.476 / 2965.4705)
=Net Margin %*Asset Turnover
=220.65 %*0.0764
=16.85 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


FIBRA Macquarie ROA % Related Terms

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FIBRA Macquarie (FIBRA Macquarie) Business Description

Traded in Other Exchanges
Address
Calzada Mariano Escobedo 595, Polanco Quinta Sección, Alcaldía Miguel Hidalgo, Mexico City, HGO, MEX, 11560
FIBRA Macquarie is a real estate investment trust engaged in the acquisition, ownership, and leasing of real estate properties in Mexico. The company's real estate portfolio is comprised of industrial, retail, and office space. Industrial buildings represent the vast majority of FIBRA Macquarie's total number of properties, total square footage, and total revenue. Most of these industrial locations are used as manufacturing facilities and are located in Northern Mexico. FIBRA Macquarie derives nearly all of its revenue in the form of rental income from tenants. The company's major customers are automotive, electronics, and consumer products, manufacturers, and others.

FIBRA Macquarie (FIBRA Macquarie) Headlines

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