Dromeas Office Furniture Industry (ATH:DROME) ROA %: 0.00% (As of . 20)


What is Dromeas Office Furniture Industry ROA %?

Dromeas Office Furniture Industry ATH:DROME +6.15% ROA % is 0.00% as of . 20.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Dromeas Office Furniture Industry's annualized Net Income for the quarter that ended in . 20 was € Mil. Dromeas Office Furniture Industry's average Total Assets over the quarter that ended in . 20 was € 0 Mil. Therefore, Dromeas Office Furniture Industry's annualized ROA % for the quarter that ended in . 20 was Not Available.

The historical rank and industry rank for Dromeas Office Furniture Industry's ROA % or its related term are showing as below:

ATH:DROME's ROA % is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 2.225
* Ranked among companies with meaningful ROA % only.

Dromeas Office Furniture Industry  (ATH:DROME) 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: . 20 )
=Net Income/Total Assets
=/
=(Net Income / Revenue)*(Revenue / Total Assets)
=( / )*( / )
=Net Margin %*Asset Turnover
= %*
= %

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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.

Dromeas Office Furniture Industry ROA % Related Terms

Dromeas Office Furniture Industry ROA % Historical Data

* Premium members only.

The historical data trend for Dromeas Office Furniture Industry'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.

Dromeas Office Furniture Industry ROA % Chart

Dromeas Office Furniture Industry Annual Data
Trend
ROA %

Dromeas Office Furniture Industry Quarterly Data
ROA %

Dromeas Office Furniture Industry ROA % Competitor Comparison

For the Furnishings, Fixtures & Appliances subindustry, Dromeas Office Furniture Industry'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.

Dromeas Office Furniture Industry ROA % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dromeas Office Furniture Industry's ROA % distribution charts can be found below:

* The bar in red indicates where Dromeas Office Furniture Industry's ROA % falls into.


Dromeas Office Furniture Industry ROA % Calculation

Dromeas Office Furniture Industry's annualized ROA % for the fiscal year that ended in . 20 is calculated as:

ROA %=Net Income (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

Dromeas Office Furniture Industry's annualized ROA % for the quarter that ended in . 20 is calculated as:

ROA %=Net Income (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
= %

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

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 0.00% mean?
Dromeas Office Furniture Industry (ATH:DROME) has a ROA % of 0.00% as of . 20. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Dromeas Office Furniture Industry and its competitors.
Is Dromeas Office Furniture Industry's ROA % too high?
Dromeas Office Furniture Industry's current ROA % is 0.00%.
How does Dromeas Office Furniture Industry's ROA % compare to competitors?
Dromeas Office Furniture Industry's ROA % of 0.00% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROA % is 2.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Furnishings, Fixtures & Appliances company?
The median ROA % among Furnishings, Fixtures & Appliances companies is 2.23, based on 436 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Dromeas Office Furniture Industry and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROA % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dromeas Office Furniture Industry's current ROA % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dromeas Office Furniture Industry stock overvalued right now?
Dromeas Office Furniture Industry (ATH:DROME) has a current ROA % of 0.00%. The current ROA % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Dromeas Office Furniture Industry (ATH:DROME), the current ROA % is 0.00% as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Dromeas Office Furniture Industry Business Description

Address Serres Industrial Estate, Factory-Showroom, Serres, GRC, 62121
Dromeas SA Office Furniture Industry is engaged in construction, trading and supply of furniture for offices & educational institutions. The company's products and solutions include Seating, Desking, Pedelstals, Bookcases, Sliding Tracked Storage System, Space Dividers - Accessories, Sound Absorbing Partitions and Storage & Space Division.