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Octo Fundo De Investimento Imobiliario (BSP:OCRE11) ROA % : 0.00% (As of Dec. 2023)


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What is Octo Fundo De Investimento Imobiliario ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Octo Fundo De Investimento Imobiliario's annualized Net Income for the quarter that ended in Dec. 2023 was R$0.00 Mil. Octo Fundo De Investimento Imobiliario's average Total Assets over the quarter that ended in Dec. 2023 was R$28.84 Mil. Therefore, Octo Fundo De Investimento Imobiliario's annualized ROA % for the quarter that ended in Dec. 2023 was 0.00%.

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

BSP:OCRE11's ROA % is not ranked *
in the Asset Management industry.
Industry Median: 5.06
* Ranked among companies with meaningful ROA % only.

Octo Fundo De Investimento Imobiliario ROA % Historical Data

The historical data trend for Octo 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.

Octo Fundo De Investimento Imobiliario ROA % Chart

Octo Fundo De Investimento Imobiliario Annual Data
Trend Dec22 Dec23
ROA %
- -

Octo Fundo De Investimento Imobiliario Semi-Annual Data
Dec22 Dec23
ROA % - -

Competitive Comparison of Octo Fundo De Investimento Imobiliario's ROA %

For the Asset Management subindustry, Octo 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.


Octo Fundo De Investimento Imobiliario's ROA % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Octo Fundo De Investimento Imobiliario's ROA % distribution charts can be found below:

* The bar in red indicates where Octo Fundo De Investimento Imobiliario's ROA % falls into.



Octo Fundo De Investimento Imobiliario ROA % Calculation

Octo Fundo De Investimento Imobiliario's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0/( (28.303+29.369)/ 2 )
=0/28.836
=0.00 %

Octo Fundo De Investimento Imobiliario's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (28.303+29.369)/ 2 )
=0/28.836
=0.00 %

* 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 (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Octo Fundo De Investimento Imobiliario  (BSP:OCRE11) 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. 2023 )
=Net Income/Total Assets
=0/28.836
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 28.836)
=Net Margin %*Asset Turnover
=N/A %*0
=0.00 %

Note: The Net Income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 2023) 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.


Octo Fundo De Investimento Imobiliario ROA % Related Terms

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Octo Fundo De Investimento Imobiliario Business Description

Traded in Other Exchanges
N/A
Address
Avenue Pres Juscelino Kubitschek, 1726, 19 Andar- Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543000
Octo Fundo De Investimento Imobiliario is intended for investors in general, including, but not limited to, natural or legal persons, investment funds, entities authorized to operate by the Central Bank of Brazil, insurance companies, private pension and capitalization entities, as well as non-public investors. The purpose of the Fund is to provide shareholders with income and capital gain, through the investment of their assets in the following target assets: shares of other real estate investment funds, certificates of real estate receivables, mortgage bills, real estate credit notes, guaranteed real estate bills, certificates of additional construction potential, issued based on Instruction, etc.

Octo Fundo De Investimento Imobiliario Headlines

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