ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. America MovilB de CV's annualizedNet Income for the quarter that ended in Sep. 2024 was $1,306 Mil.
America MovilB de CV's average Total Assets over the quarter that ended in Sep. 2024 was $90,737 Mil. Therefore, America MovilB de CV's annualized ROA % for the quarter that ended in Sep. 2024 was 1.44%.
The historical rank and industry rank for America MovilB de CV's ROA % or its related term are showing as below:
AMXOF'
s ROA % Range Over the Past 10 Years
Min: 0.62 Med: 3.81 Max: 5.01
Current: 2.25
During the past 13 years, America MovilB de CV's highest ROA % was 5.01%. The lowest was 0.62%. And the median was 3.81%.
AMXOF's ROA % is ranked worse than 52.24% of 379
companies
in the Telecommunication Services industry
Industry Median: 2.57
vs AMXOF: 2.25
* 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.
Competitive Comparison of America MovilB de CV's ROA %
For the Telecom Services subindustry, America MovilB 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.
America MovilB de CV's ROA % Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, America MovilB de CV's ROA % distribution charts can be found below:
* The bar in red indicates where America MovilB de CV's ROA % falls into.
America MovilB de CV ROA % Calculation
America MovilB de CV's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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. 2024) net income data.
ROA % is displayed in the 30-year financial page.
America MovilB de CV (OTCPK:AMXOF) 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 banks 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:
Note:
The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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.
America MovilB de CV ROA % Related Terms
Thank you for viewing the detailed overview of America MovilB de CV's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
America Movil is the largest telecom carrier in Latin America, serving about 290 million wireless customers across the region. It also provides fixed-line phone, internet access, and television services in most of the countries it serves. Mexico is the firm's largest market, providing about 35% of service revenue. Movil dominates the Mexican wireless market with more than 60% customer share and also serves about half of fixed-line internet access customers in the country. Brazil, its second most important market, provides about 20% of service revenue. Movil sold its low-margin wireless resale business in the US to Verizon in 2021 and now owns a 1.4% stake in the US telecom giant. The firm also holds a 60% stake in Telekom Austria.
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