Aberdeen New Thai Investment Trust (LSE:ANWS) ROA %: 11.86% (As of Feb. 2021) — 61% Above Median


What is Aberdeen New Thai Investment Trust ROA %?

Aberdeen New Thai Investment Trust LSE:ANWS 8 ROA % is 11.86% as of Feb. 2021, which is 61% above its 10-year median of 7.36. GuruFocus rates LSE:ANWS with a GF Score™ of 8/100. The stock has 3 warning signs investors should review.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Aberdeen New Thai Investment Trust's annualized Net Income for the quarter that ended in Feb. 2021 was £10.74 Mil. Aberdeen New Thai Investment Trust's average Total Assets over the quarter that ended in Feb. 2021 was £90.53 Mil. Therefore, Aberdeen New Thai Investment Trust's annualized ROA % for the quarter that ended in Feb. 2021 was 11.86%.

The historical rank and industry rank for Aberdeen New Thai Investment Trust's ROA % or its related term are showing as below:

LSE:ANWS' s ROA % Range Over the Past 10 Years
Min: -28.76   Med: 7.36   Max: 45.13
Current: 0.59

During the past 13 years, Aberdeen New Thai Investment Trust's highest ROA % was 45.13%. The lowest was -28.76%. And the median was 7.36%.

LSE:ANWS's ROA % is not ranked
in the Asset Management industry.
Industry Median: 3.97 vs LSE:ANWS: 0.59

Aberdeen New Thai Investment Trust  (LSE:ANWS) 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: Feb. 2021 )
=Net Income/Total Assets
=10.738/90.5285
=(Net Income / Revenue)*(Revenue / Total Assets)
=(10.738 / 11.216)*(11.216 / 90.5285)
=Net Margin %*Asset Turnover
=95.74 %*0.1239
=11.86 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2021) net income data. The Revenue data used here is two times the semi-annual (Feb. 2021) 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.


Aberdeen New Thai Investment Trust ROA % Related Terms


Aberdeen New Thai Investment Trust ROA % Historical Data

* Premium members only.

The historical data trend for Aberdeen New Thai Investment Trust'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.

Aberdeen New Thai Investment Trust ROA % Chart

Aberdeen New Thai Investment Trust Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.88 14.14 -5.20 -16.21 0.58

Aberdeen New Thai Investment Trust Semi-Annual Data
Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21
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 -8.84 25.73 -58.25 -10.42 11.86

LSE:ANWS vs NKG, KCAP, HRZN: ROA % Comparison

For the Asset Management subindustry, Aberdeen New Thai Investment Trust'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.


Aberdeen New Thai Investment Trust ROA % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberdeen New Thai Investment Trust's ROA % distribution charts can be found below:

* The bar in red indicates where Aberdeen New Thai Investment Trust's ROA % falls into.



Aberdeen New Thai Investment Trust ROA % Calculation

Aberdeen New Thai Investment Trust's annualized ROA % for the fiscal year that ended in Feb. 2021 is calculated as:

ROA %=Net Income (A: Feb. 2021 )/( (Total Assets (A: Feb. 2020 )+Total Assets (A: Feb. 2021 ))/ count )
=0.543/( (96.031+91.855)/ 2 )
=0.543/93.943
=0.58 %

Aberdeen New Thai Investment Trust's annualized ROA % for the quarter that ended in Feb. 2021 is calculated as:

ROA %=Net Income (Q: Feb. 2021 )/( (Total Assets (Q: Aug. 2020 )+Total Assets (Q: Feb. 2021 ))/ count )
=10.738/( (89.202+91.855)/ 2 )
=10.738/90.5285
=11.86 %

* 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 (Feb. 2021) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 11.86% mean?
Aberdeen New Thai Investment Trust (LSE:ANWS) has a ROA % of 11.86% as of Feb. 2021. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Aberdeen New Thai Investment Trust and its competitors. This is 61% above median its historical median of 7.36.
Is Aberdeen New Thai Investment Trust's ROA % too high?
Aberdeen New Thai Investment Trust's current ROA % of 11.86% is 61% above median its 10-year median of 7.36. The Asset Management industry median ROA % is 3.97. Aberdeen New Thai Investment Trust's value of 11.86% is 198.7% above this industry median. Overall, Aberdeen New Thai Investment Trust has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Aberdeen New Thai Investment Trust's ROA % compare to NKG and KCAP?
Aberdeen New Thai Investment Trust's ROA % of 11.86% can be compared against companies in the Asset Management industry. The industry median ROA % is 3.97. Aberdeen New Thai Investment Trust's value of 11.86% is 198.7% above this benchmark. While the company's 10-year median is 7.36 vs. the industry median of 3.97, Aberdeen New Thai Investment Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 3.97, based on 1,635 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aberdeen New Thai Investment Trust's current ROA % of 11.86% is 198.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Aberdeen New Thai Investment Trust and its competitors. For the Asset Management industry, the median ROA % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aberdeen New Thai Investment Trust's current ROA % is 11.86%, which is 61% above median its own 10-year median of 7.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aberdeen New Thai Investment Trust stock overvalued right now?
Aberdeen New Thai Investment Trust (LSE:ANWS) has a current ROA % of 11.86%. The current ROA % is 11.86%, which is 61% above median its 10-year median of 7.36 and 198.7% above the Asset Management industry median of 3.97. Aberdeen New Thai Investment Trust's overall GF Score™ is 8/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Aberdeen New Thai Investment Trust (LSE:ANWS), the current ROA % is 11.86% as of Feb. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aberdeen New Thai Investment Trust Business Description

Address 1 Bread Street, Bow Bells House, London, GBR, EC4M 9HH
Aberdeen New Thai Investment Trust PLC is a UK-based investment trust. The company's investment objective is to provide shareholders with a high level of long-term, above average capital growth through investment in Thailand. It is managed by Aberdeen Asset Management Asia Limited. The company's assets are invested in a diversified portfolio of securities in companies, spread across a range of industries, which are quoted on the stock exchange of Thailand.