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Quilter (JSE:QLT) ROA % : -0.15% (As of Dec. 2024)


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What is Quilter ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Quilter's annualized Net Income for the quarter that ended in Dec. 2024 was R-2,165 Mil. Quilter's average Total Assets over the quarter that ended in Dec. 2024 was R1,400,015 Mil. Therefore, Quilter's annualized ROA % for the quarter that ended in Dec. 2024 was -0.15%.

The historical rank and industry rank for Quilter's ROA % or its related term are showing as below:

JSE:QLT' s ROA % Range Over the Past 10 Years
Min: -0.06   Med: 0.19   Max: 0.71
Current: -0.06

During the past 10 years, Quilter's highest ROA % was 0.71%. The lowest was -0.06%. And the median was 0.19%.

JSE:QLT's ROA % is ranked worse than
76.31% of 1680 companies
in the Asset Management industry
Industry Median: 5.05 vs JSE:QLT: -0.06

Quilter ROA % Historical Data

The historical data trend for Quilter'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.

Quilter ROA % Chart

Quilter 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 0.14 0.27 0.36 0.09 -0.06

Quilter Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 0.11 0.02 0.14 0.05 -0.15

Competitive Comparison of Quilter's ROA %

For the Asset Management subindustry, Quilter'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.


Quilter's ROA % Distribution in the Asset Management Industry

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

* The bar in red indicates where Quilter's ROA % falls into.



Quilter ROA % Calculation

Quilter'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 )
=-783.083/( (1258185.716+1438293.494)/ 2 )
=-783.083/1348239.605
=-0.06 %

Quilter's annualized ROA % for the quarter that ended in Dec. 2024 is calculated as:

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-2164.994/( (1361736.984+1438293.494)/ 2 )
=-2164.994/1400015.239
=-0.15 %

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


Quilter  (JSE:QLT) 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
=-2164.994/1400015.239
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2164.994 / 94430.62)*(94430.62 / 1400015.239)
=Net Margin %*Asset Turnover
=-2.29 %*0.0674
=-0.15 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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.


Quilter ROA % Related Terms

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


Quilter Business Description

Traded in Other Exchanges
Address
85 Queen Victoria Street, Senator House, London, GBR, EC4V 4AB
Quilter PLC is a United Kingdom-based Asset Management Company engaged in the wealth management business, providing financial advice, investment solutions, and wealth management to customers in the UK and selected international markets. The group operating segments are High Net Worth, Affluent, and Head Office. The High Net Worth segment comprises Quilter Cheviot and Quilter Cheviot Financial Planning. The Affluent segment comprises Quilter Investment Platform, Quilter Investors, and Quilter Financial Planning. The Head Office segment comprises the investment return on centrally held assets, central support function expenses, central core structural borrowings, and certain tax balances. The company derives maximum revenue from the Affluent segment.

Quilter Headlines

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