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Victor Group Holdings (ASX:VIG) ROA % : 17.19% (As of Dec. 2024)


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What is Victor Group Holdings ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Victor Group Holdings's annualized Net Income for the quarter that ended in Dec. 2024 was A$2.87 Mil. Victor Group Holdings's average Total Assets over the quarter that ended in Dec. 2024 was A$16.68 Mil. Therefore, Victor Group Holdings's annualized ROA % for the quarter that ended in Dec. 2024 was 17.19%.

The historical rank and industry rank for Victor Group Holdings's ROA % or its related term are showing as below:

ASX:VIG' s ROA % Range Over the Past 10 Years
Min: -7.54   Med: 0.38   Max: 32.52
Current: 5.61

During the past 11 years, Victor Group Holdings's highest ROA % was 32.52%. The lowest was -7.54%. And the median was 0.38%.

ASX:VIG's ROA % is ranked better than
67.71% of 2818 companies
in the Software industry
Industry Median: 1.545 vs ASX:VIG: 5.61

Victor Group Holdings ROA % Historical Data

The historical data trend for Victor Group Holdings'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.

Victor Group Holdings ROA % Chart

Victor Group Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.29 -4.37 0.47 -5.87 -7.54

Victor Group Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -10.33 -1.91 -7.73 -6.49 17.19

Competitive Comparison of Victor Group Holdings's ROA %

For the Software - Application subindustry, Victor Group Holdings'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.


Victor Group Holdings's ROA % Distribution in the Software Industry

For the Software industry and Technology sector, Victor Group Holdings's ROA % distribution charts can be found below:

* The bar in red indicates where Victor Group Holdings's ROA % falls into.



Victor Group Holdings ROA % Calculation

Victor Group Holdings's annualized ROA % for the fiscal year that ended in Jun. 2024 is calculated as:

ROA %=Net Income (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=-1.086/( (13.771+15.043)/ 2 )
=-1.086/14.407
=-7.54 %

Victor Group Holdings's annualized ROA % for the quarter that ended in Dec. 2024 is calculated as:

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=2.868/( (15.043+18.322)/ 2 )
=2.868/16.6825
=17.19 %

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


Victor Group Holdings  (ASX:VIG) 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. 2024 )
=Net Income/Total Assets
=2.868/16.6825
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.868 / 9.968)*(9.968 / 16.6825)
=Net Margin %*Asset Turnover
=28.77 %*0.5975
=17.19 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.


Victor Group Holdings ROA % Related Terms

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Victor Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
1 Bligh Street, Level 26, Sydney, NSW, AUS, 2000
Victor Group Holdings Ltd is engaged in providing Infrastructure as a Service (IaaS), Software as a Service (SaaS), and Platform as a Service (PaaS) solutions; building and operating cloud based platforms for education, and data management platforms for corporate and government clients. It also provides cloud-based e-learning solutions for educational institutions. The company operates in two segments first consisting of SaaS, IaaS, and PaaS solutions which derives key revenue, and the second being Cloud Education. Geographically, the company operates in the People's Republic of China (PRC) which is also its key revenue generating market, and Australia.

Victor Group Holdings Headlines