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Lok'n Store Group (LSE:LOK) ROA % : 1.60% (As of Jan. 2024)


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What is Lok'n Store Group ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Lok'n Store Group's annualized Net Income for the quarter that ended in Jan. 2024 was £5.87 Mil. Lok'n Store Group's average Total Assets over the quarter that ended in Jan. 2024 was £368.25 Mil. Therefore, Lok'n Store Group's annualized ROA % for the quarter that ended in Jan. 2024 was 1.60%.

The historical rank and industry rank for Lok'n Store Group's ROA % or its related term are showing as below:

LSE:LOK' s ROA % Range Over the Past 10 Years
Min: 0.23   Med: 2.21   Max: 3.88
Current: 1.11

During the past 13 years, Lok'n Store Group's highest ROA % was 3.88%. The lowest was 0.23%. And the median was 2.21%.

LSE:LOK's ROA % is ranked better than
50.96% of 1819 companies
in the Real Estate industry
Industry Median: 1.04 vs LSE:LOK: 1.11

Lok'n Store Group ROA % Historical Data

The historical data trend for Lok'n Store Group'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.

Lok'n Store Group ROA % Chart

Lok'n Store Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.81 1.43 1.32 3.81 1.29

Lok'n Store Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 5.92 1.94 2.11 0.59 1.60

Competitive Comparison of Lok'n Store Group's ROA %

For the Real Estate Services subindustry, Lok'n Store Group'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.


Lok'n Store Group's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lok'n Store Group's ROA % distribution charts can be found below:

* The bar in red indicates where Lok'n Store Group's ROA % falls into.



Lok'n Store Group ROA % Calculation

Lok'n Store Group's annualized ROA % for the fiscal year that ended in Jul. 2023 is calculated as:

ROA %=Net Income (A: Jul. 2023 )/( (Total Assets (A: Jul. 2022 )+Total Assets (A: Jul. 2023 ))/ count )
=4.692/( (353.868+372.644)/ 2 )
=4.692/363.256
=1.29 %

Lok'n Store Group's annualized ROA % for the quarter that ended in Jan. 2024 is calculated as:

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=5.874/( (372.644+363.855)/ 2 )
=5.874/368.2495
=1.60 %

* 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 two times the semi-annual (Jan. 2024) net income data. ROA % is displayed in the 30-year financial page.


Lok'n Store Group  (LSE:LOK) 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: Jan. 2024 )
=Net Income/Total Assets
=5.874/368.2495
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.874 / 28.336)*(28.336 / 368.2495)
=Net Margin %*Asset Turnover
=20.73 %*0.0769
=1.60 %

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


Lok'n Store Group ROA % Related Terms

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Lok'n Store Group (LSE:LOK) Business Description

Traded in Other Exchanges
N/A
Address
112 Hawley Lane, Farnborough, Hampshire, GBR, GU14 8JE
Lok'n Store Group PLC operates in the real estate industry based in the United Kingdom. Its business involves buying or leasing warehouses or industrial buildings and letting them out as self-storage units to its customers. Operating through the Self-Storage segments, the company caters to both households and business customers. Its self-storage segment accounts for the bulk of its operations with the provision of storage rooms, student storage, pallet storage, warehouse space, self-storage archiving, flexible office space, and multi-site business storage accounts.

Lok'n Store Group (LSE:LOK) Headlines

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