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Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) ROA % : -24.34% (As of Dec. 2017)


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What is Yonga Mobilyanayi ve Ticaret AS ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Yonga Mobilyanayi ve Ticaret AS's annualized Net Income for the quarter that ended in Dec. 2017 was ₺-8.56 Mil. Yonga Mobilyanayi ve Ticaret AS's average Total Assets over the quarter that ended in Dec. 2017 was ₺35.18 Mil. Therefore, Yonga Mobilyanayi ve Ticaret AS's annualized ROA % for the quarter that ended in Dec. 2017 was -24.34%.

The historical rank and industry rank for Yonga Mobilyanayi ve Ticaret AS's ROA % or its related term are showing as below:

IST:YONGA's ROA % is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 3.02
* Ranked among companies with meaningful ROA % only.

Yonga Mobilyanayi ve Ticaret AS ROA % Historical Data

The historical data trend for Yonga Mobilyanayi 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.

Yonga Mobilyanayi ve Ticaret AS ROA % Chart

Yonga Mobilyanayi ve Ticaret AS Annual Data
Trend Dec11 Dec12 Dec16 Dec17
ROA %
21.10 21.14 6.19 -14.60

Yonga Mobilyanayi ve Ticaret AS Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Jun16 Dec16 Jun17 Dec17
ROA % Get a 7-Day Free Trial 14.68 11.32 3.29 -4.69 -24.34

Competitive Comparison of Yonga Mobilyanayi ve Ticaret AS's ROA %

For the Furnishings, Fixtures & Appliances subindustry, Yonga Mobilyanayi 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.


Yonga Mobilyanayi ve Ticaret AS's ROA % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Yonga Mobilyanayi ve Ticaret AS's ROA % distribution charts can be found below:

* The bar in red indicates where Yonga Mobilyanayi ve Ticaret AS's ROA % falls into.



Yonga Mobilyanayi ve Ticaret AS ROA % Calculation

Yonga Mobilyanayi ve Ticaret AS's annualized ROA % for the fiscal year that ended in Dec. 2017 is calculated as:

ROA %=Net Income (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=-5.084/( (33.902+35.741)/ 2 )
=-5.084/34.8215
=-14.60 %

Yonga Mobilyanayi ve Ticaret AS's annualized ROA % for the quarter that ended in Dec. 2017 is calculated as:

ROA %=Net Income (Q: Dec. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Dec. 2017 ))/ count )
=-8.564/( (34.626+35.741)/ 2 )
=-8.564/35.1835
=-24.34 %

* 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. 2017) net income data. ROA % is displayed in the 30-year financial page.


Yonga Mobilyanayi ve Ticaret AS  (IST:YONGA) 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. 2017 )
=Net Income/Total Assets
=-8.564/35.1835
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-8.564 / 51.554)*(51.554 / 35.1835)
=Net Margin %*Asset Turnover
=-16.61 %*1.4653
=-24.34 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2017) net income data. The Revenue data used here is two times the semi-annual (Dec. 2017) 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.


Yonga Mobilyanayi ve Ticaret AS ROA % Related Terms

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Yonga Mobilyanayi ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Kale Mah. Atatürk Bul. No:196, Pamukkale, Denizli, TUR, 20180
Yonga Mobilya Sanayi ve Ticaret AS is engaged in the manufacturing furniture in Turkey.

Yonga Mobilyanayi ve Ticaret AS Headlines

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