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Frasers Group (CHIX:FRASL) ROA % : 6.53% (As of Oct. 2024)


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What is Frasers Group ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Frasers Group's annualized Net Income for the quarter that ended in Oct. 2024 was £311 Mil. Frasers Group's average Total Assets over the quarter that ended in Oct. 2024 was £4,759 Mil. Therefore, Frasers Group's annualized ROA % for the quarter that ended in Oct. 2024 was 6.53%.

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

CHIX:FRASl' s ROA % Range Over the Past 10 Years
Min: -2.17   Med: 7.5   Max: 13.84
Current: 6.4

During the past 13 years, Frasers Group's highest ROA % was 13.84%. The lowest was -2.17%. And the median was 7.50%.

CHIX:FRASl's ROA % is ranked better than
74.75% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 2.33 vs CHIX:FRASl: 6.40

Frasers Group ROA % Historical Data

The historical data trend for Frasers Group'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.

Frasers Group ROA % Chart

Frasers Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 -2.17 6.30 11.64 8.70

Frasers Group Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 8.83 13.94 10.47 6.45 6.53

Competitive Comparison of Frasers Group's ROA %

For the Specialty Retail subindustry, Frasers Group'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.


Frasers Group's ROA % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Frasers Group's ROA % distribution charts can be found below:

* The bar in red indicates where Frasers Group's ROA % falls into.



Frasers Group ROA % Calculation

Frasers Group's annualized ROA % for the fiscal year that ended in Apr. 2024 is calculated as:

ROA %=Net Income (A: Apr. 2024 )/( (Total Assets (A: Apr. 2023 )+Total Assets (A: Apr. 2024 ))/ count )
=380.8/( (4302.7+4454.9)/ 2 )
=380.8/4378.8
=8.70 %

Frasers Group's annualized ROA % for the quarter that ended in Oct. 2024 is calculated as:

ROA %=Net Income (Q: Oct. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=310.6/( (4454.9+5063.7)/ 2 )
=310.6/4759.3
=6.53 %

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


Frasers Group  (CHIX:FRASl) 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: Oct. 2024 )
=Net Income/Total Assets
=310.6/4759.3
=(Net Income / Revenue)*(Revenue / Total Assets)
=(310.6 / 5080.2)*(5080.2 / 4759.3)
=Net Margin %*Asset Turnover
=6.11 %*1.0674
=6.53 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2024) net income data. The Revenue data used here is two times the semi-annual (Oct. 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.


Frasers Group ROA % Related Terms

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Frasers Group Business Description

Traded in Other Exchanges
Address
Unit A, Brook Park East, Shirebrook, GBR, NG20 8RY
Frasers Group PLC is a U.K. sports goods retailer. The diversified portfolio, consists of brands such as Dunlop, Lonsdale, Nike, Adidas, Under Armour, Puma, Karrimor, Kangol, Slazenger, Everlast, No Fear, and Firetrap, among others. Sports Direct International sells through stand-alone stores and multi-fascia retail spaces, department stores, and online. The premium lifestyle portfolio operates under the Flannels, Cruise, USC, and Van Mildert fascias. The company has five segments five operating segments: UK Sports, Premium Lifestyle, International, Property and Financial Services. It operates stores in the United Kingdom, Europe, Asia, Oceania and USA.

Frasers Group Headlines

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