GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Komax Holding AG (XSWX:KOMN) » Definitions » ROA %

Komax Holding AG (XSWX:KOMN) ROA % : 0.86% (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Komax Holding AG ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Komax Holding AG's annualized Net Income for the quarter that ended in Dec. 2023 was CHF6.4 Mil. Komax Holding AG's average Total Assets over the quarter that ended in Dec. 2023 was CHF739.3 Mil. Therefore, Komax Holding AG's annualized ROA % for the quarter that ended in Dec. 2023 was 0.86%.

The historical rank and industry rank for Komax Holding AG's ROA % or its related term are showing as below:

XSWX:KOMN' s ROA % Range Over the Past 10 Years
Min: -0.28   Med: 7.35   Max: 11.81
Current: 5.81

During the past 13 years, Komax Holding AG's highest ROA % was 11.81%. The lowest was -0.28%. And the median was 7.35%.

XSWX:KOMN's ROA % is ranked better than
66.92% of 3017 companies
in the Industrial Products industry
Industry Median: 3.62 vs XSWX:KOMN: 5.81

Komax Holding AG ROA % Historical Data

The historical data trend for Komax Holding AG'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.

Komax Holding AG ROA % Chart

Komax Holding AG 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 2.80 -0.28 6.28 7.97 5.87

Komax Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 8.95 8.86 8.64 10.47 0.86

Competitive Comparison of Komax Holding AG's ROA %

For the Specialty Industrial Machinery subindustry, Komax Holding AG'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.


Komax Holding AG's ROA % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Komax Holding AG's ROA % distribution charts can be found below:

* The bar in red indicates where Komax Holding AG's ROA % falls into.



Komax Holding AG ROA % Calculation

Komax Holding AG'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 )
=43.836/( (783.506+708.917)/ 2 )
=43.836/746.2115
=5.87 %

Komax Holding AG's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=6.358/( (769.583+708.917)/ 2 )
=6.358/739.25
=0.86 %

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


Komax Holding AG  (XSWX:KOMN) 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
=6.358/739.25
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6.358 / 709.09)*(709.09 / 739.25)
=Net Margin %*Asset Turnover
=0.9 %*0.9592
=0.86 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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.


Komax Holding AG ROA % Related Terms

Thank you for viewing the detailed overview of Komax Holding AG's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Komax Holding AG (XSWX:KOMN) Business Description

Traded in Other Exchanges
Address
Industriestrasse 6, Dierikon, Lucerne, CHE, 6036
Komax Holding AG is engaged in offering its customers cutting-edge technical solutions for automated wire processing. Its business flows through four market segments. The core business is the automotive market segment, which accounts for more than 75% of revenues. The other three segments are aerospace, data/telecom, and industrial.

Komax Holding AG (XSWX:KOMN) Headlines

No Headlines