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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. AUR Portfolio III SE&Co KGaA's annualizedNet Income for the quarter that ended in Dec. 2022 was €55 Mil.
AUR Portfolio III SE&Co KGaA's average Total Assets over the quarter that ended in Dec. 2022 was €2,251 Mil. Therefore, AUR Portfolio III SE&Co KGaA's annualized ROA % for the quarter that ended in Dec. 2022 was 2.45%.
The historical rank and industry rank for AUR Portfolio III SE&Co KGaA's ROA % or its related term are showing as below:
HAM:AR4's ROA % is not ranked *
in the Asset Management industry.
Industry Median: 4.11 * Ranked among companies with meaningful ROA % only.
AUR Portfolio III SE&Co KGaA (HAM:AR4) 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 (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 2022) 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.
AUR Portfolio III SE&Co KGaA ROA % Related Terms
AUR Portfolio III SE&Co KGaA ROA % Historical 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.
For the Asset Management subindustry, AUR Portfolio III SE&Co KGaA'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.
AUR Portfolio III SE&Co KGaA ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, AUR Portfolio III SE&Co KGaA's ROA % distribution charts can be found below:
* The bar in red indicates where AUR Portfolio III SE&Co KGaA'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 (Dec. 2022) net income data.
ROA % is displayed in the 30-year financial page.
AUR Portfolio III SE&Co KGaA (HAM:AR4) has a ROA % of 2.45% as of Dec. 2022. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on AUR Portfolio III SE&Co KGaA and its competitors.
Is AUR Portfolio III SE&Co KGaA's ROA % too high?
AUR Portfolio III SE&Co KGaA's current ROA % is 2.45%. The Asset Management industry median ROA % is 4.11. AUR Portfolio III SE&Co KGaA's value of 2.45% is 40.4% below this industry median. Overall, AUR Portfolio III SE&Co KGaA has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does AUR Portfolio III SE&Co KGaA's ROA % compare to BLK and BX?
AUR Portfolio III SE&Co KGaA's ROA % of 2.45% can be compared against companies in the Asset Management industry. The industry median ROA % is 4.11. AUR Portfolio III SE&Co KGaA's value of 2.45% is 40.4% 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 an Asset Management company?
The median ROA % among Asset Management companies is 4.11, based on 1,635 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. AUR Portfolio III SE&Co KGaA's current ROA % of 2.45% is 40.4% 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 AUR Portfolio III SE&Co KGaA and its competitors. For the Asset Management industry, the median ROA % is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AUR Portfolio III SE&Co KGaA's current ROA % is 2.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AUR Portfolio III SE&Co KGaA stock overvalued right now?
AUR Portfolio III SE&Co KGaA (HAM:AR4) has a current ROA % of 2.45%. The current ROA % is 2.45% and 40.4% below the Asset Management industry median of 4.11. AUR Portfolio III SE&Co KGaA'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 AUR Portfolio III SE&Co KGaA (HAM:AR4), the current ROA % is 2.45% as of Dec. 2022. 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.
AUR Portfolio III SE&Co KGaA is the investment vehicle for the Lower Mid-Market portfolio. Its core element is the operational support for portfolio companies.
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