ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Enerpac Tool Group's annualizedNet Income for the quarter that ended in Aug. 2024 was $97.7 Mil.
Enerpac Tool Group's average Total Assets over the quarter that ended in Aug. 2024 was $763.4 Mil. Therefore, Enerpac Tool Group's annualized ROA % for the quarter that ended in Aug. 2024 was 12.79%.
The historical rank and industry rank for Enerpac Tool Group's ROA % or its related term are showing as below:
EPAC'
s ROA % Range Over the Past 10 Years
Min: -19.1 Med: 0.61 Max: 11.21
Current: 11.21
During the past 13 years, Enerpac Tool Group's highest ROA % was 11.21%. The lowest was -19.10%. And the median was 0.61%.
EPAC's ROA % is ranked better than 89.98% of 3014
companies
in the Industrial Products industry
Industry Median: 3.305
vs EPAC: 11.21
Enerpac Tool Group ROA % Historical Data
The historical data trend for Enerpac Tool 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.
Competitive Comparison of Enerpac Tool Group's ROA %
For the Specialty Industrial Machinery subindustry, Enerpac Tool 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.
Enerpac Tool Group's ROA % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Enerpac Tool Group's ROA % distribution charts can be found below:
* The bar in red indicates where Enerpac Tool Group's ROA % falls into.
Enerpac Tool Group ROA % Calculation
Enerpac Tool Group's annualized ROA % for the fiscal year that ended in Aug. 2024 is calculated as:
* 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 (Aug. 2024) net income data.
ROA % is displayed in the 30-year financial page.
Enerpac Tool Group (NYSE:EPAC) 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 banks 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:
Note:
The Net Income data used here is four times the quarterly (Aug. 2024) net income data. The Revenue data used here is four times the quarterly (Aug. 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.
Enerpac Tool Group ROA % Related Terms
Thank you for viewing the detailed overview of Enerpac Tool Group's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Enerpac Tool Group provides high-precision tools, controlled-force products, and solutions for precise heavy lifting. The company has one reportable segment, the Industrial Tools & Services (IT&S) Segment. The IT&S segment is primarily engaged in the design, manufacture, and distribution of branded hydraulic and mechanical tools and in providing services and tool rental to the refinery/petrochemical; general industrial; industrial maintenance, repair, and operations (MRO); machining & manufacturing; power generation; infrastructure; mining; and other markets. Geographically, the company has operations in Algeria, Australia, Brazil, France, Germany, Kazakhstan, India, Italy, Japan, Norway, Poland, Saudi Arabia, Singapore, South Africa, South Korea, Spain, and the United Arab Emirates.
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