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Grupo AeromexicoB de CV ROA %

: -9.41% (As of Sep. 2021)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Grupo AeromexicoB de CV's annualized Net Income for the quarter that ended in Sep. 2021 was $-448 Mil. Grupo AeromexicoB de CV's average Total Assets over the quarter that ended in Sep. 2021 was $4,760 Mil. Therefore, Grupo AeromexicoB de CV's annualized ROA % for the quarter that ended in Sep. 2021 was -9.41%.

The historical rank and industry rank for Grupo AeromexicoB de CV's ROA % or its related term are showing as below:

OTCPK:GRPAQ' s ROA % Range Over the Past 10 Years
Min: -46.9   Med: 2.03   Max: 9.69
Current: -20.92

-46.9
9.69

During the past 13 years, Grupo AeromexicoB de CV's highest ROA % was 9.69%. The lowest was -46.90%. And the median was 2.03%.

OTCPK:GRPAQ's ROA % is ranked lower than
96% of the 936 Companies
in the Transportation industry.

( Industry Median: 2.69 vs. OTCPK:GRPAQ: -20.92 )

Grupo AeromexicoB de CV ROA % Historical Data

The historical data trend for Grupo AeromexicoB de CV'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.

Grupo AeromexicoB de CV Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROA %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.70 -0.10 -2.39 -2.72 -45.75

Grupo AeromexicoB de CV Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
ROA % 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 Premium Member Only Premium Member Only Premium Member Only -12.56 -47.33 -19.22 -12.25 -9.41

Competitive Comparison

For the Airlines subindustry, Grupo AeromexicoB de CV'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.

   

Grupo AeromexicoB de CV ROA % Distribution

For the Transportation industry and Industrials sector, Grupo AeromexicoB de CV's ROA % distribution charts can be found below:

* The bar in red indicates where Grupo AeromexicoB de CV's ROA % falls into.



Grupo AeromexicoB de CV ROA % Calculation

Grupo AeromexicoB de CV's annualized ROA % for the fiscal year that ended in Dec. 2020 is calculated as:

ROA %=Net Income (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=-2130.6914691088/( (5286.6881124885+4027.1609286387)/ 2 )
=-2130.6914691088/4656.9245205636
=-45.75 %

Grupo AeromexicoB de CV's annualized ROA % for the quarter that ended in Sep. 2021 is calculated as:

ROA %=Net Income (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=-447.71461780596/( (4745.9461645217+4774.70964427)/ 2 )
=-447.71461780596/4760.3279043958
=-9.41 %

* 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. 2021) net income data. ROA % is displayed in the 30-year financial page.


Grupo AeromexicoB de CV  (OTCPK:GRPAQ) 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. 2021 )
=Net Income/Total Assets
=-447.71461780596/4760.3279043958
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-447.71461780596 / 2640.7506697063)*(2640.7506697063 / 4760.3279043958)
=Net Margin %*Asset Turnover
=-16.95 %*0.5547
=-9.41 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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.


Grupo AeromexicoB de CV ROA % Related Terms

Thank you for viewing the detailed overview of Grupo AeromexicoB de CV's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Grupo AeromexicoB de CV Business Description

Grupo AeromexicoB de CV logo
Industry
Industrials » Transportation NAICS : 481111 SIC : 4512
Traded in Other Exchanges
Address
Paseo de la Reforma 445, Col. Cuauhtemoc, Mexico City, MEX, 06500
Grupo Aeroméxico SAB de CV is a leader in Mexican air transportation. Revenue is generated by transporting passengers and air cargo and providing additional amenities to improve travel experiences. The company has one reportable segment, air transportation, and reports revenues by geographic region. Mexico accounts for approximately half of total revenue, with North, Central, and South America comprising another material portion. Grupo Aeromexico is a member of a global alliance with other carriers to better assist customers and increase the number of destinations. Additionally, the company utilizes a joint Aeromexico-Delta maintenance and repair facility to maintain and enhance existing fleet.
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