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Ozyasar Tel ve Galvanizlemenayi AS (IST:OZYSR) ROA % : 5.41% (As of Dec. 2022)


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What is Ozyasar Tel ve Galvanizlemenayi AS ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ozyasar Tel ve Galvanizlemenayi AS's annualized Net Income for the quarter that ended in Dec. 2022 was ₺92 Mil. Ozyasar Tel ve Galvanizlemenayi AS's average Total Assets over the quarter that ended in Dec. 2022 was ₺1,690 Mil. Therefore, Ozyasar Tel ve Galvanizlemenayi AS's annualized ROA % for the quarter that ended in Dec. 2022 was 5.41%.

The historical rank and industry rank for Ozyasar Tel ve Galvanizlemenayi AS's ROA % or its related term are showing as below:

IST:OZYSR's ROA % is not ranked *
in the Industrial Products industry.
Industry Median: 3.295
* Ranked among companies with meaningful ROA % only.

Ozyasar Tel ve Galvanizlemenayi AS ROA % Historical Data

The historical data trend for Ozyasar Tel ve Galvanizlemenayi 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.

Ozyasar Tel ve Galvanizlemenayi AS ROA % Chart

Ozyasar Tel ve Galvanizlemenayi AS Annual Data
Trend Dec20 Dec21 Dec22
ROA %
2.94 2.77 5.41

Ozyasar Tel ve Galvanizlemenayi AS Semi-Annual Data
Dec20 Dec21 Dec22
ROA % 2.94 2.77 5.41

Competitive Comparison of Ozyasar Tel ve Galvanizlemenayi AS's ROA %

For the Electrical Equipment & Parts subindustry, Ozyasar Tel ve Galvanizlemenayi 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.


Ozyasar Tel ve Galvanizlemenayi AS's ROA % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ozyasar Tel ve Galvanizlemenayi AS's ROA % distribution charts can be found below:

* The bar in red indicates where Ozyasar Tel ve Galvanizlemenayi AS's ROA % falls into.



Ozyasar Tel ve Galvanizlemenayi AS ROA % Calculation

Ozyasar Tel ve Galvanizlemenayi AS's annualized ROA % for the fiscal year that ended in Dec. 2022 is calculated as:

ROA %=Net Income (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=91.509/( (1437.628+1942.963)/ 2 )
=91.509/1690.2955
=5.41 %

Ozyasar Tel ve Galvanizlemenayi AS's annualized ROA % for the quarter that ended in Dec. 2022 is calculated as:

ROA %=Net Income (Q: Dec. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Dec. 2022 ))/ count )
=91.509/( (1437.628+1942.963)/ 2 )
=91.509/1690.2955
=5.41 %

* 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 one times the annual (Dec. 2022) net income data. ROA % is displayed in the 30-year financial page.


Ozyasar Tel ve Galvanizlemenayi AS  (IST:OZYSR) 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. 2022 )
=Net Income/Total Assets
=91.509/1690.2955
=(Net Income / Revenue)*(Revenue / Total Assets)
=(91.509 / 3238.96)*(3238.96 / 1690.2955)
=Net Margin %*Asset Turnover
=2.83 %*1.9162
=5.41 %

Note: The Net Income data used here is one times the annual (Dec. 2022) net income data. The Revenue data used here is one times the 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.


Ozyasar Tel ve Galvanizlemenayi AS ROA % Related Terms

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Ozyasar Tel ve Galvanizlemenayi AS Business Description

Traded in Other Exchanges
N/A
Address
Seyitnizam Mah. Demriciler Sitesi, CAD.10 Yol Aydas Business Center, No. 7B Block, Zeytinburnu, Turkey, TUR
Ozyasar Tel ve Galvanizleme Sanayi AS is a Company through its subsidiaries engaged in the production, purchase and sale of materials such as cold drawn wire, spring wire, acsr wire, patented wire, welded panel fence, galvanized wire, rope, monotron, PVC coated wire, armor wire, flat wire, annealed wire, oiled bale wire, rod wire, helical wire as a whole.

Ozyasar Tel ve Galvanizlemenayi AS Headlines

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