GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tatlipinar Enerji Uretim AS (IST:TATEN) » Definitions » ROA %

Tatlipinar Enerji Uretim AS (IST:TATEN) ROA % : 6.60% (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Tatlipinar Enerji Uretim AS ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tatlipinar Enerji Uretim AS's annualized Net Income for the quarter that ended in Sep. 2024 was ₺675 Mil. Tatlipinar Enerji Uretim AS's average Total Assets over the quarter that ended in Sep. 2024 was ₺10,230 Mil. Therefore, Tatlipinar Enerji Uretim AS's annualized ROA % for the quarter that ended in Sep. 2024 was 6.60%.

The historical rank and industry rank for Tatlipinar Enerji Uretim AS's ROA % or its related term are showing as below:

IST:TATEN' s ROA % Range Over the Past 10 Years
Min: -6.79   Med: 9.55   Max: 14.06
Current: 10.68

During the past 4 years, Tatlipinar Enerji Uretim AS's highest ROA % was 14.06%. The lowest was -6.79%. And the median was 9.55%.

IST:TATEN's ROA % is ranked better than
90.72% of 442 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.03 vs IST:TATEN: 10.68

Tatlipinar Enerji Uretim AS ROA % Historical Data

The historical data trend for Tatlipinar Enerji Uretim 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.

Tatlipinar Enerji Uretim AS ROA % Chart

Tatlipinar Enerji Uretim AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROA %
-6.79 10.61 14.06 8.48

Tatlipinar Enerji Uretim AS Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.54 21.87 3.47 12.85 6.60

Competitive Comparison of Tatlipinar Enerji Uretim AS's ROA %

For the Utilities - Renewable subindustry, Tatlipinar Enerji Uretim 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.


Tatlipinar Enerji Uretim AS's ROA % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tatlipinar Enerji Uretim AS's ROA % distribution charts can be found below:

* The bar in red indicates where Tatlipinar Enerji Uretim AS's ROA % falls into.



Tatlipinar Enerji Uretim AS ROA % Calculation

Tatlipinar Enerji Uretim AS's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=591.864/( (5143.343+8818.889)/ 2 )
=591.864/6981.116
=8.48 %

Tatlipinar Enerji Uretim AS's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=674.992/( (9863.831+10595.896)/ 2 )
=674.992/10229.8635
=6.60 %

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


Tatlipinar Enerji Uretim AS  (IST:TATEN) 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. 2024 )
=Net Income/Total Assets
=674.992/10229.8635
=(Net Income / Revenue)*(Revenue / Total Assets)
=(674.992 / 2251)*(2251 / 10229.8635)
=Net Margin %*Asset Turnover
=29.99 %*0.22
=6.60 %

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


Tatlipinar Enerji Uretim AS ROA % Related Terms

Thank you for viewing the detailed overview of Tatlipinar Enerji Uretim AS's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tatlipinar Enerji Uretim AS Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Barbaros Mah. Ihlamur Bulvari, No:4B D:1 Ata?ehir, Istanbul, TUR
Tatlipinar Enerji Uretim AS is an Turkey based renewable energy producing corporation which aims in reducing foreign dependency in energy by using domestic and clean energy resources in the most efficient way.

Tatlipinar Enerji Uretim AS Headlines

No Headlines