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Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS (IST:CASA) ROA % : 24.71% (As of Sep. 2022)


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What is Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's annualized Net Income for the quarter that ended in Sep. 2022 was ₺105.8 Mil. Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's average Total Assets over the quarter that ended in Sep. 2022 was ₺428.4 Mil. Therefore, Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's annualized ROA % for the quarter that ended in Sep. 2022 was 24.71%.

The historical rank and industry rank for Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's ROA % or its related term are showing as below:

IST:CASA's ROA % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 2.22
* Ranked among companies with meaningful ROA % only.

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS ROA % Historical Data

The historical data trend for Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS'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.

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS ROA % Chart

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.56 -5.08 12.60 4.22 13.85

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -16.40 4.91 4.84 27.11 24.71

Competitive Comparison of Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's ROA %

For the Specialty Retail subindustry, Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS'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.


Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's ROA % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's ROA % distribution charts can be found below:

* The bar in red indicates where Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's ROA % falls into.



Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS ROA % Calculation

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's annualized ROA % for the fiscal year that ended in Dec. 2021 is calculated as:

ROA %=Net Income (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=35.615/( (207.571+306.744)/ 2 )
=35.615/257.1575
=13.85 %

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS's annualized ROA % for the quarter that ended in Sep. 2022 is calculated as:

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=105.844/( (415.114+441.658)/ 2 )
=105.844/428.386
=24.71 %

* 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 (Sep. 2022) net income data. ROA % is displayed in the 30-year financial page.


Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS  (IST:CASA) 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: Sep. 2022 )
=Net Income/Total Assets
=105.844/428.386
=(Net Income / Revenue)*(Revenue / Total Assets)
=(105.844 / 63.18)*(63.18 / 428.386)
=Net Margin %*Asset Turnover
=167.53 %*0.1475
=24.71 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS ROA % Related Terms

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Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Cengelkoy Mh. Ulus Cd. No: 25/1, Beykoz, Istanbul, TUR
Casa Emtia Petrol Kimyevi Ve Turevleri Sanayi Ticaret AS is engaged in production of fish flour / fish oil. The company engages in juvenile fish and fish breeding. Its activity also includes real estate buying and selling.

Casa Emtia Petrol Kimyevi Ve Turevlerinayi Ticaret AS Headlines

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