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Kerevitas Gidanayi Ve Ticaret AS (IST:KERVT) ROA % : 8.20% (As of Dec. 2024)


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What is Kerevitas Gidanayi Ve Ticaret AS ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kerevitas Gidanayi Ve Ticaret AS's annualized Net Income for the quarter that ended in Dec. 2024 was ₺2,120 Mil. Kerevitas Gidanayi Ve Ticaret AS's average Total Assets over the quarter that ended in Dec. 2024 was ₺25,858 Mil. Therefore, Kerevitas Gidanayi Ve Ticaret AS's annualized ROA % for the quarter that ended in Dec. 2024 was 8.20%.

The historical rank and industry rank for Kerevitas Gidanayi Ve Ticaret AS's ROA % or its related term are showing as below:

IST:KERVT' s ROA % Range Over the Past 10 Years
Min: -6.93   Med: 2.99   Max: 13.32
Current: 6.29

During the past 13 years, Kerevitas Gidanayi Ve Ticaret AS's highest ROA % was 13.32%. The lowest was -6.93%. And the median was 2.99%.

IST:KERVT's ROA % is ranked better than
68.21% of 1906 companies
in the Consumer Packaged Goods industry
Industry Median: 3.485 vs IST:KERVT: 6.29

Kerevitas Gidanayi Ve Ticaret AS ROA % Historical Data

The historical data trend for Kerevitas Gidanayi Ve 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.

Kerevitas Gidanayi Ve Ticaret AS ROA % Chart

Kerevitas Gidanayi Ve Ticaret AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.32 -0.44 8.34 4.14 5.92

Kerevitas Gidanayi Ve Ticaret AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 12.36 7.27 2.47 7.27 8.20

Competitive Comparison of Kerevitas Gidanayi Ve Ticaret AS's ROA %

For the Packaged Foods subindustry, Kerevitas Gidanayi Ve 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.


Kerevitas Gidanayi Ve Ticaret AS's ROA % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kerevitas Gidanayi Ve Ticaret AS's ROA % distribution charts can be found below:

* The bar in red indicates where Kerevitas Gidanayi Ve Ticaret AS's ROA % falls into.


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Kerevitas Gidanayi Ve Ticaret AS ROA % Calculation

Kerevitas Gidanayi Ve Ticaret AS's annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:

ROA %=Net Income (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=1511.224/( (23279.359+27800.983)/ 2 )
=1511.224/25540.171
=5.92 %

Kerevitas Gidanayi Ve Ticaret AS's annualized ROA % for the quarter that ended in Dec. 2024 is calculated as:

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=2119.68/( (23914.029+27800.983)/ 2 )
=2119.68/25857.506
=8.20 %

* 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 (Dec. 2024) net income data. ROA % is displayed in the 30-year financial page.


Kerevitas Gidanayi Ve Ticaret AS  (IST:KERVT) 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: Dec. 2024 )
=Net Income/Total Assets
=2119.68/25857.506
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2119.68 / 30711.996)*(30711.996 / 25857.506)
=Net Margin %*Asset Turnover
=6.9 %*1.1877
=8.20 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Kerevitas Gidanayi Ve Ticaret AS ROA % Related Terms

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Kerevitas Gidanayi Ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Kisikli Mahallesi Yenisen Sokak Yildiz Holding, B Blok Apt. No: 8 B/1, Uskudar, Istanbul, TUR
Kerevitas Gida Sanayi Ve Ticaret AS is a Turkey-based company involved in retail and export processed and packaged food products. It offers various products comprising Cheese Puff Pastry, Cheese and Honey Pastry Pie, Feta Cheese Rolls, Millefeuille, Mini Pide With Cheese and Mini Rolls with Cheese among others. The company's operating segment include Frozen and Canned and Edible Oil. It generates maximum revenue from the Edible Oil segment. The company exports its product to Africa; Asia; Europe; South America; North America and Oceania.

Kerevitas Gidanayi Ve Ticaret AS Headlines

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