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Bluefly, (FRA:BFY1) ROA % : -54.31% (As of Mar. 2013)


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What is Bluefly, ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Bluefly,'s annualized Net Income for the quarter that ended in Mar. 2013 was €-13.71 Mil. Bluefly,'s average Total Assets over the quarter that ended in Mar. 2013 was €25.25 Mil. Therefore, Bluefly,'s annualized ROA % for the quarter that ended in Mar. 2013 was -54.31%.

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

FRA:BFY1's ROA % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 2.165
* Ranked among companies with meaningful ROA % only.

Bluefly, ROA % Historical Data

The historical data trend for Bluefly,'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.

Bluefly, ROA % Chart

Bluefly, Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.51 -11.44 -10.83 -24.26 -58.27

Bluefly, Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 -70.18 -51.79 -66.36 -61.17 -54.31

Competitive Comparison of Bluefly,'s ROA %

For the Specialty Retail subindustry, Bluefly,'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.


Bluefly,'s ROA % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Bluefly,'s ROA % falls into.



Bluefly, ROA % Calculation

Bluefly,'s annualized ROA % for the fiscal year that ended in Dec. 2012 is calculated as:

ROA %=Net Income (A: Dec. 2012 )/( (Total Assets (A: Dec. 2011 )+Total Assets (A: Dec. 2012 ))/ count )
=-18.879/( (36.956+27.846)/ 2 )
=-18.879/32.401
=-58.27 %

Bluefly,'s annualized ROA % for the quarter that ended in Mar. 2013 is calculated as:

ROA %=Net Income (Q: Mar. 2013 )/( (Total Assets (Q: Dec. 2012 )+Total Assets (Q: Mar. 2013 ))/ count )
=-13.712/( (27.846+22.648)/ 2 )
=-13.712/25.247
=-54.31 %

* 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 (Mar. 2013) net income data. ROA % is displayed in the 30-year financial page.


Bluefly,  (FRA:BFY1) 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: Mar. 2013 )
=Net Income/Total Assets
=-13.712/25.247
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-13.712 / 61.124)*(61.124 / 25.247)
=Net Margin %*Asset Turnover
=-22.43 %*2.421
=-54.31 %

Note: The Net Income data used here is four times the quarterly (Mar. 2013) net income data. The Revenue data used here is four times the quarterly (Mar. 2013) 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.


Bluefly, ROA % Related Terms

Thank you for viewing the detailed overview of Bluefly,'s ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bluefly, (FRA:BFY1) Business Description

Traded in Other Exchanges
N/A
Address
Website
Bluefly, Inc. is an off-price Internet retailer of fashion merchandise and accessories that provides its customers with access to in-season products. It launched the bluefly.com Website in September 1998. During 2011, it expanded its website portfolio by launching the belleandclive.com website, a members-only shopping site that presents curated selections of important brands via limited-time flash sale events. The Company's marketing efforts are focused both on acquiring new customers and retaining existing customers. The Company purchases merchandise directly from various suppliers and have devoted substantial resources over the years in establishing its reputation and brand awareness of selling authentic, high-end fashion merchandise at competitive discounted prices in a high-end retail environment. E-commerce generally, and, in particular, the online retail apparel and fashion accessories market, is a relatively dynamic, high-growth market. The Company's competition for online customers come from a variety of sources, including existing traditional retailers that are using the Internet to expand their channels of distribution, established and less established Internet companies, traditional direct marketers, designer brands that may attempt to sell their products directly to consumers through the Internet and other traditional off-price retail stores. The Company relies on various intellectual property laws and contractual restrictions to protect its proprietary rights in services and technology, including confidentiality, invention assignment and nondisclosure agreements with employees and contractors. The Company is not currently subject to direct regulation by any domestic or foreign governmental agency, other than regulations applicable to businesses generally, and laws or regulations directly applicable to online commerce.

Bluefly, (FRA:BFY1) Headlines

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