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AIAGF (Aurubis AG) ROA % : 8.05% (As of Jun. 2024)


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What is Aurubis AG ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Aurubis AG's annualized Net Income for the quarter that ended in Jun. 2024 was $675 Mil. Aurubis AG's average Total Assets over the quarter that ended in Jun. 2024 was $8,390 Mil. Therefore, Aurubis AG's annualized ROA % for the quarter that ended in Jun. 2024 was 8.05%.

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

AIAGF' s ROA % Range Over the Past 10 Years
Min: 1.07   Med: 4.77   Max: 10.17
Current: 5.02

During the past 13 years, Aurubis AG's highest ROA % was 10.17%. The lowest was 1.07%. And the median was 4.77%.

AIAGF's ROA % is ranked better than
62.1% of 3021 companies
in the Industrial Products industry
Industry Median: 3.48 vs AIAGF: 5.02

Aurubis AG ROA % Historical Data

The historical data trend for Aurubis 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.

Aurubis AG ROA % Chart

Aurubis 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 4.14 5.43 10.08 9.34 1.99

Aurubis AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -3.08 4.19 3.25 4.43 8.05

Competitive Comparison of Aurubis AG's ROA %

For the Metal Fabrication subindustry, Aurubis 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.


Aurubis AG's ROA % Distribution in the Industrial Products Industry

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

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



Aurubis AG ROA % Calculation

Aurubis 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 )
=150.41/( (7373.594+7747.739)/ 2 )
=150.41/7560.6665
=1.99 %

Aurubis AG's annualized ROA % for the quarter that ended in Jun. 2024 is calculated as:

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=675.388/( (8313.51+8467.169)/ 2 )
=675.388/8390.3395
=8.05 %

* 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 (Jun. 2024) net income data. ROA % is displayed in the 30-year financial page.


Aurubis AG  (OTCPK:AIAGF) 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: Jun. 2024 )
=Net Income/Total Assets
=675.388/8390.3395
=(Net Income / Revenue)*(Revenue / Total Assets)
=(675.388 / 20232.348)*(20232.348 / 8390.3395)
=Net Margin %*Asset Turnover
=3.34 %*2.4114
=8.05 %

Note: The Net Income data used here is four times the quarterly (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (Jun. 2024) 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.


Aurubis AG ROA % Related Terms

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Aurubis AG Business Description

Traded in Other Exchanges
Address
Hovestrasse 50, Hamburg, BY, DEU, 20539
Aurubis AG produces copper, using raw materials which include copper concentrates and recycling materials. The company also produces precious metals such as gold and silver and a range of other products, including sulfuric acid and iron silicate, as byproducts of copper production. Revenue is predominantly generated through the sale of continuous cast wire rods, copper cathodes, precious metals and continuous cast shapes, used in the manufacture of cables and wires which are used in electrical applications. It has two segments Multimetal Recycling and Custom Smelting & Products which is the key revenue generating segment. The company is based in Germany and has production sites across Europe and the United States.

Aurubis AG Headlines

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