GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PT Ashmore Asset Management Indonesia Tbk (ISX:AMOR) » Definitions » ROA %

PT Ashmore Asset Management Indonesia Tbk (ISX:AMOR) ROA % : 23.37% (As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is PT Ashmore Asset Management Indonesia Tbk ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PT Ashmore Asset Management Indonesia Tbk's annualized Net Income for the quarter that ended in Dec. 2024 was Rp85,156 Mil. PT Ashmore Asset Management Indonesia Tbk's average Total Assets over the quarter that ended in Dec. 2024 was Rp364,437 Mil. Therefore, PT Ashmore Asset Management Indonesia Tbk's annualized ROA % for the quarter that ended in Dec. 2024 was 23.37%.

The historical rank and industry rank for PT Ashmore Asset Management Indonesia Tbk's ROA % or its related term are showing as below:

ISX:AMOR' s ROA % Range Over the Past 10 Years
Min: 23.65   Med: 27.31   Max: 30.14
Current: 24.67

During the past 5 years, PT Ashmore Asset Management Indonesia Tbk's highest ROA % was 30.14%. The lowest was 23.65%. And the median was 27.31%.

ISX:AMOR's ROA % is ranked better than
94.94% of 1680 companies
in the Asset Management industry
Industry Median: 5.05 vs ISX:AMOR: 24.67

PT Ashmore Asset Management Indonesia Tbk ROA % Historical Data

The historical data trend for PT Ashmore Asset Management Indonesia Tbk'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.

PT Ashmore Asset Management Indonesia Tbk ROA % Chart

PT Ashmore Asset Management Indonesia Tbk Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
ROA %
23.65 27.31 30.14 24.57 28.56

PT Ashmore Asset Management Indonesia Tbk 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 23.25 28.08 30.86 16.02 23.37

Competitive Comparison of PT Ashmore Asset Management Indonesia Tbk's ROA %

For the Asset Management subindustry, PT Ashmore Asset Management Indonesia Tbk'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.


PT Ashmore Asset Management Indonesia Tbk's ROA % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Ashmore Asset Management Indonesia Tbk's ROA % distribution charts can be found below:

* The bar in red indicates where PT Ashmore Asset Management Indonesia Tbk's ROA % falls into.



PT Ashmore Asset Management Indonesia Tbk ROA % Calculation

PT Ashmore Asset Management Indonesia Tbk's annualized ROA % for the fiscal year that ended in Jun. 2024 is calculated as:

ROA %=Net Income (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=105323/( (360367+377227)/ 2 )
=105323/368797
=28.56 %

PT Ashmore Asset Management Indonesia Tbk'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 )
=85156/( (381088+347785)/ 2 )
=85156/364436.5
=23.37 %

* 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.


PT Ashmore Asset Management Indonesia Tbk  (ISX:AMOR) 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
=85156/364436.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(85156 / 281292)*(281292 / 364436.5)
=Net Margin %*Asset Turnover
=30.27 %*0.7719
=23.37 %

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.


PT Ashmore Asset Management Indonesia Tbk ROA % Related Terms

Thank you for viewing the detailed overview of PT Ashmore Asset Management Indonesia Tbk's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Ashmore Asset Management Indonesia Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jendral Sudirman Kav 52-53, 18th Floor SCBD Lot 10, Pacific Century Place, Jakarta, IDN, 12190
PT Ashmore Asset Management Indonesia Tbk is an investment management company. It focuses on a number of investment themes which includes External Debt, Local Currency, Corporate Debt, Equities, and Alternatives. It engages in the investment management service business, particularly in equity funds, bond mutual funds, mixed mutual funds, and money market funds sold to retail and institutional investors.

PT Ashmore Asset Management Indonesia Tbk Headlines

No Headlines