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GOPD Zartkoruen Mukodo Reszvenytarsasag (BUD:GOPD) ROA % : 4.26% (As of Dec. 2023)


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What is GOPD Zartkoruen Mukodo Reszvenytarsasag ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. GOPD Zartkoruen Mukodo Reszvenytarsasag's annualized Net Income for the quarter that ended in Dec. 2023 was Ft2,735 Mil. GOPD Zartkoruen Mukodo Reszvenytarsasag's average Total Assets over the quarter that ended in Dec. 2023 was Ft64,261 Mil. Therefore, GOPD Zartkoruen Mukodo Reszvenytarsasag's annualized ROA % for the quarter that ended in Dec. 2023 was 4.26%.

The historical rank and industry rank for GOPD Zartkoruen Mukodo Reszvenytarsasag's ROA % or its related term are showing as below:

BUD:GOPD' s ROA % Range Over the Past 10 Years
Min: 0.01   Med: 8.23   Max: 102.6
Current: 0.01

During the past 6 years, GOPD Zartkoruen Mukodo Reszvenytarsasag's highest ROA % was 102.60%. The lowest was 0.01%. And the median was 8.23%.

BUD:GOPD's ROA % is not ranked
in the Real Estate industry.
Industry Median: 1.04 vs BUD:GOPD: 0.01

GOPD Zartkoruen Mukodo Reszvenytarsasag ROA % Historical Data

The historical data trend for GOPD Zartkoruen Mukodo Reszvenytarsasag'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.

GOPD Zartkoruen Mukodo Reszvenytarsasag ROA % Chart

GOPD Zartkoruen Mukodo Reszvenytarsasag Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial 8.23 102.60 17.13 0.80 0.01

GOPD Zartkoruen Mukodo Reszvenytarsasag Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 24.92 -4.08 5.32 -4.05 4.26

Competitive Comparison of GOPD Zartkoruen Mukodo Reszvenytarsasag's ROA %

For the Real Estate - Development subindustry, GOPD Zartkoruen Mukodo Reszvenytarsasag'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.


GOPD Zartkoruen Mukodo Reszvenytarsasag's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, GOPD Zartkoruen Mukodo Reszvenytarsasag's ROA % distribution charts can be found below:

* The bar in red indicates where GOPD Zartkoruen Mukodo Reszvenytarsasag's ROA % falls into.



GOPD Zartkoruen Mukodo Reszvenytarsasag ROA % Calculation

GOPD Zartkoruen Mukodo Reszvenytarsasag'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 )
=6.066/( (67191.085+61298.052)/ 2 )
=6.066/64244.5685
=0.01 %

GOPD Zartkoruen Mukodo Reszvenytarsasag's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2734.796/( (67224.681+61298.052)/ 2 )
=2734.796/64261.3665
=4.26 %

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


GOPD Zartkoruen Mukodo Reszvenytarsasag  (BUD:GOPD) 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
=2734.796/64261.3665
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2734.796 / 27652.046)*(27652.046 / 64261.3665)
=Net Margin %*Asset Turnover
=9.89 %*0.4303
=4.26 %

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


GOPD Zartkoruen Mukodo Reszvenytarsasag ROA % Related Terms

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GOPD Zartkoruen Mukodo Reszvenytarsasag (BUD:GOPD) Business Description

Traded in Other Exchanges
N/A
Address
Fogarasi ut 3, Budapest, HUN, HU-1148
GOPD Zartkoruen Mukodo Reszvenytarsasag is a Hungary based company engaged in property development. The projects of the company include flats in Zuglo and Angyalfold and a residential complex with apartments in Zuglo.

GOPD Zartkoruen Mukodo Reszvenytarsasag (BUD:GOPD) Headlines

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