ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. ALBA SE's annualizedNet Income for the quarter that ended in Jun. 2024 was €2.3 Mil.
ALBA SE's average Total Assets over the quarter that ended in Jun. 2024 was €201.9 Mil. Therefore, ALBA SE's annualized ROA % for the quarter that ended in Jun. 2024 was 1.14%.
The historical rank and industry rank for ALBA SE's ROA % or its related term are showing as below:
HAM:ABA's ROA % is not ranked *
in the Waste Management industry.
Industry Median: 1.54 * Ranked among companies with meaningful ROA % only.
ALBA SE (HAM:ABA) 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 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.
ALBA SE ROA % Related Terms
ALBA SE ROA % Historical Data
* Premium members only.
The historical data trend for ALBA SE'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.
For the Waste Management subindustry, ALBA SE'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.
ALBA SE ROA % vs Waste Management Industry
For the Waste Management industry and Industrials sector, ALBA SE's ROA % distribution charts can be found below:
* The bar in red indicates where ALBA SE's ROA % falls into.
* 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.
ALBA SE (HAM:ABA) has a ROA % of 1.14% as of Jun. 2024. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on ALBA SE and its competitors.
Is ALBA SE's ROA % too high?
ALBA SE's current ROA % is 1.14%. The Waste Management industry median ROA % is 1.54. ALBA SE's value of 1.14% is 26% below this industry median. Overall, ALBA SE has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does ALBA SE's ROA % compare to WM and RSG?
ALBA SE's ROA % of 1.14% can be compared against companies in the Waste Management industry. The industry median ROA % is 1.54. ALBA SE's value of 1.14% is 26% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Waste Management company?
The median ROA % among Waste Management companies is 1.54, based on 249 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ALBA SE's current ROA % of 1.14% is 26% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on ALBA SE and its competitors. For the Waste Management industry, the median ROA % is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALBA SE's current ROA % is 1.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALBA SE stock overvalued right now?
ALBA SE (HAM:ABA) has a current ROA % of 1.14%. The current ROA % is 1.14% and 26% below the Waste Management industry median of 1.54. ALBA SE's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For ALBA SE (HAM:ABA), the current ROA % is 1.14% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
ALBA SE is a German based holding company providing environmental services. Its activities are divided into two segments including Steel & Metals Recycling segment and Services segment. The Steel and Metals Recycling segment comprises all of the company's subsidiaries that undertake to recycle of steel and metals activities. The Services segment comprises activities, such as take-back of transport packaging, sales packaging and used paper bags, as well as recovery of waste electrical and electronic equipment. A major part of revenue comes from Steel and Metals segment. It operates in Germany, European countries and Non-European countries, Germany being the country with highest sales.
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