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Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario (BSP:JPPA11) ROA % : 9.97% (As of Jun. 2024)


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What is Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario's annualized Net Income for the quarter that ended in Jun. 2024 was R$8.93 Mil. Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario's average Total Assets over the quarter that ended in Jun. 2024 was R$89.64 Mil. Therefore, Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario's annualized ROA % for the quarter that ended in Jun. 2024 was 9.97%.

The historical rank and industry rank for Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario's ROA % or its related term are showing as below:

BSP:JPPA11' s ROA % Range Over the Past 10 Years
Min: 9.97   Med: 11.09   Max: 17.17
Current: 9.97

During the past 6 years, Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario's highest ROA % was 17.17%. The lowest was 9.97%. And the median was 11.09%.

BSP:JPPA11's ROA % is ranked better than
87.54% of 923 companies
in the REITs industry
Industry Median: 2.45 vs BSP:JPPA11: 9.97

Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario ROA % Historical Data

The historical data trend for Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario'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.

Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario ROA % Chart

Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROA %
Get a 7-Day Free Trial 12.32 11.09 17.17 11.06 9.97

Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario Semi-Annual Data
Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROA % Get a 7-Day Free Trial 12.32 11.09 17.17 11.06 9.97

Competitive Comparison of Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario's ROA %

For the REIT - Residential subindustry, Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario'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.


Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario's ROA % distribution charts can be found below:

* The bar in red indicates where Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario's ROA % falls into.



Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario ROA % Calculation

Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario'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 )
=8.934/( (91.023+88.262)/ 2 )
=8.934/89.6425
=9.97 %

Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario's annualized ROA % for the quarter that ended in Jun. 2024 is calculated as:

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=8.934/( (91.023+88.262)/ 2 )
=8.934/89.6425
=9.97 %

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


Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario  (BSP:JPPA11) 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
=8.934/89.6425
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.934 / 9.322)*(9.322 / 89.6425)
=Net Margin %*Asset Turnover
=95.84 %*0.104
=9.97 %

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


Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario ROA % Related Terms

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Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
RUA PASTEUR, 463 - 11th floor, Jardim Paulistano, Sao Paulo, SP, BRA, CEP 80250104
Jpp Capital Recebiveis Imobiliarios Fundo De Investimento Imobiliario formerly Jpp Allocation Mogno - Fundo DE Investimento Imobiliario is a real estate investment trust. Its objective is to make investments in target assets and liquidity assets seeking to provide shareholders, under efforts, profitability higher than the target profitability, fundamentally from the gains resulting from the profitability of target assets and liquidity assets. Its target assets are certificates of real estate receivables; real estate credit bills; mortgage bills; real estate investment fund quotas; quotas of credit rights investment fund; debentures; guaranteed real estate bill; and any other assets permitted under the regulations in force.

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