GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GEK Terna Holding Real Estate Construction SA (FRA:1GT) » Definitions » ROA %

GEK Terna Holding Real Estate Construction (FRA:1GT) ROA % : 1.97% (As of Jun. 2024)


View and export this data going back to 2012. Start your Free Trial

What is GEK Terna Holding Real Estate Construction ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. GEK Terna Holding Real Estate Construction's annualized Net Income for the quarter that ended in Jun. 2024 was €122 Mil. GEK Terna Holding Real Estate Construction's average Total Assets over the quarter that ended in Jun. 2024 was €6,168 Mil. Therefore, GEK Terna Holding Real Estate Construction's annualized ROA % for the quarter that ended in Jun. 2024 was 1.97%.

The historical rank and industry rank for GEK Terna Holding Real Estate Construction's ROA % or its related term are showing as below:

FRA:1GT' s ROA % Range Over the Past 10 Years
Min: -2.61   Med: 0.81   Max: 2.53
Current: 2.26

During the past 13 years, GEK Terna Holding Real Estate Construction's highest ROA % was 2.53%. The lowest was -2.61%. And the median was 0.81%.

FRA:1GT's ROA % is ranked worse than
53.2% of 1720 companies
in the Construction industry
Industry Median: 2.58 vs FRA:1GT: 2.26

GEK Terna Holding Real Estate Construction ROA % Historical Data

The historical data trend for GEK Terna Holding Real Estate Construction'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.

GEK Terna Holding Real Estate Construction ROA % Chart

GEK Terna Holding Real Estate Construction Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.28 1.06 2.53 2.46

GEK Terna Holding Real Estate Construction Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.83 4.06 2.34 2.57 1.97

Competitive Comparison of GEK Terna Holding Real Estate Construction's ROA %

For the Engineering & Construction subindustry, GEK Terna Holding Real Estate Construction'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.


GEK Terna Holding Real Estate Construction's ROA % Distribution in the Construction Industry

For the Construction industry and Industrials sector, GEK Terna Holding Real Estate Construction's ROA % distribution charts can be found below:

* The bar in red indicates where GEK Terna Holding Real Estate Construction's ROA % falls into.



GEK Terna Holding Real Estate Construction ROA % Calculation

GEK Terna Holding Real Estate Construction'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 )
=147.813/( (5977.511+6054.329)/ 2 )
=147.813/6015.92
=2.46 %

GEK Terna Holding Real Estate Construction's annualized ROA % for the quarter that ended in Jun. 2024 is calculated as:

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=121.512/( (6054.329+6282.006)/ 2 )
=121.512/6168.1675
=1.97 %

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


GEK Terna Holding Real Estate Construction  (FRA:1GT) 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
=121.512/6168.1675
=(Net Income / Revenue)*(Revenue / Total Assets)
=(121.512 / 3030.466)*(3030.466 / 6168.1675)
=Net Margin %*Asset Turnover
=4.01 %*0.4913
=1.97 %

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


GEK Terna Holding Real Estate Construction ROA % Related Terms

Thank you for viewing the detailed overview of GEK Terna Holding Real Estate Construction's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


GEK Terna Holding Real Estate Construction Business Description

Traded in Other Exchanges
Address
85, Mesogeion Avenue, Athens, GRC, 115 26
GEK Terna Holding Real Estate Construction SA is a building construction company engaged in the development and management of investment property. The firm constructs property of any kind, manages self-financed or co-financed projects, operates energy projects, as well as its, participates in companies having similar activities. It operates in seven business segments, Construction, Electricity from RES, Electricity from thermal energy and EP/NG trading , Real Estate, Mining/Industry, Concessions, and Holding. GEK Terna operates in Greece, Balkans, Eastern Europe, the USA, and other regions.

GEK Terna Holding Real Estate Construction Headlines

No Headlines