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MVV Energie AG (XTER:MVV1) ROA % : 2.39% (As of Dec. 2023)


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What is MVV Energie AG ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. MVV Energie AG's annualized Net Income for the quarter that ended in Dec. 2023 was €233 Mil. MVV Energie AG's average Total Assets over the quarter that ended in Dec. 2023 was €9,736 Mil. Therefore, MVV Energie AG's annualized ROA % for the quarter that ended in Dec. 2023 was 2.39%.

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

XTER:MVV1' s ROA % Range Over the Past 10 Years
Min: -1.49   Med: 2.11   Max: 6.17
Current: 3.18

During the past 13 years, MVV Energie AG's highest ROA % was 6.17%. The lowest was -1.49%. And the median was 2.11%.

XTER:MVV1's ROA % is ranked better than
53.76% of 519 companies
in the Utilities - Regulated industry
Industry Median: 2.93 vs XTER:MVV1: 3.18

MVV Energie AG ROA % Historical Data

The historical data trend for MVV Energie 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.

MVV Energie AG ROA % Chart

MVV Energie AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.91 2.00 -1.49 6.17

MVV Energie AG 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 16.89 5.41 4.31 0.35 2.39

Competitive Comparison of MVV Energie AG's ROA %

For the Utilities - Diversified subindustry, MVV Energie 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.


MVV Energie AG's ROA % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, MVV Energie AG's ROA % distribution charts can be found below:

* The bar in red indicates where MVV Energie AG's ROA % falls into.



MVV Energie AG ROA % Calculation

MVV Energie AG's annualized ROA % for the fiscal year that ended in Sep. 2023 is calculated as:

ROA %=Net Income (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=1045.11/( (24328.279+9553.481)/ 2 )
=1045.11/16940.88
=6.17 %

MVV Energie AG'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 )
=232.892/( (9553.481+9918.032)/ 2 )
=232.892/9735.7565
=2.39 %

* 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.


MVV Energie AG  (XTER:MVV1) 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
=232.892/9735.7565
=(Net Income / Revenue)*(Revenue / Total Assets)
=(232.892 / 7694.296)*(7694.296 / 9735.7565)
=Net Margin %*Asset Turnover
=3.03 %*0.7903
=2.39 %

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.


MVV Energie AG ROA % Related Terms

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MVV Energie AG (XTER:MVV1) Business Description

Traded in Other Exchanges
Address
Luisenring 49, Mannheim, BW, DEU, 68159
MVV Energie AG is an energy company. Its business comprises energy generation, energy trading, and energy distribution via proprietary grids through to sales and energy-related services. The company operates through five segments: Customer Solutions, New Energies, Supply Reliability, Strategic Investments, and Other Activities. The majority of the company's revenue is generated from Customer Solutions segment which includes the energy and water retail and wholesale businesses. Geographically, the company is focuses on Germany, which is its key revenue generating market and the United Kingdom.

MVV Energie AG (XTER:MVV1) Headlines

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