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Peninsula Land (BOM:503031) ROA % : 9.79% (As of Mar. 2024)


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What is Peninsula Land ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Peninsula Land's annualized Net Income for the quarter that ended in Mar. 2024 was ₹980 Mil. Peninsula Land's average Total Assets over the quarter that ended in Mar. 2024 was ₹10,014 Mil. Therefore, Peninsula Land's annualized ROA % for the quarter that ended in Mar. 2024 was 9.79%.

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

BOM:503031' s ROA % Range Over the Past 10 Years
Min: -11.62   Med: -2.96   Max: 11.97
Current: 11.97

During the past 13 years, Peninsula Land's highest ROA % was 11.97%. The lowest was -11.62%. And the median was -2.96%.

BOM:503031's ROA % is ranked better than
94.92% of 1829 companies
in the Real Estate industry
Industry Median: 1.02 vs BOM:503031: 11.97

Peninsula Land ROA % Historical Data

The historical data trend for Peninsula Land'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.

Peninsula Land ROA % Chart

Peninsula Land Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.39 -0.98 -5.23 6.16 11.67

Peninsula Land Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.44 20.05 4.52 12.66 9.79

Competitive Comparison of Peninsula Land's ROA %

For the Real Estate - Development subindustry, Peninsula Land'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.


Peninsula Land's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Peninsula Land's ROA % distribution charts can be found below:

* The bar in red indicates where Peninsula Land's ROA % falls into.



Peninsula Land ROA % Calculation

Peninsula Land's annualized ROA % for the fiscal year that ended in Mar. 2024 is calculated as:

ROA %=Net Income (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=1287.8/( (12063.8+10013.5)/ 2 )
=1287.8/11038.65
=11.67 %

Peninsula Land's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=980.4/( (0+10013.5)/ 1 )
=980.4/10013.5
=9.79 %

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


Peninsula Land  (BOM:503031) 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: Mar. 2024 )
=Net Income/Total Assets
=980.4/10013.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(980.4 / 4538.8)*(4538.8 / 10013.5)
=Net Margin %*Asset Turnover
=21.6 %*0.4533
=9.79 %

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


Peninsula Land ROA % Related Terms

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Peninsula Land (BOM:503031) Business Description

Traded in Other Exchanges
Address
Ganpatrao Kadam Marg, 503, 5th Floor, Peninsula Tower-1, Peninsula Corporate Park, Lower Parel west, Mumbai, MH, IND, 400013
Peninsula Land Ltd is a real estate development company. The Company is primarily engaged in the business of real estate development which is recognised as the sole business segment. Its projects portfolio includes retail ventures, commercial / IT park projects and residential complexes. The company carries out its activities through its own development, subsidiaries, associates, joint ventures and joint development with third parties. Its projects include Peninsula Corporate Park, Peninsula Techno Park and Peninsula Business Park, Ashok Gardens and Ashok Towers. Its segment consists of real estate development business with the focus area in Mumbai, Pune, Nashik and Bengaluru. The company derives its income from renting properties held by it.

Peninsula Land (BOM:503031) Headlines

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