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Clas Ohlson AB (LTS:0GQE) ROA % : 22.16% (As of Jan. 2024)


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What is Clas Ohlson AB ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Clas Ohlson AB's annualized Net Income for the quarter that ended in Jan. 2024 was kr1,284 Mil. Clas Ohlson AB's average Total Assets over the quarter that ended in Jan. 2024 was kr5,794 Mil. Therefore, Clas Ohlson AB's annualized ROA % for the quarter that ended in Jan. 2024 was 22.16%.

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

LTS:0GQE' s ROA % Range Over the Past 10 Years
Min: 1.75   Med: 8.75   Max: 12.91
Current: 8.28

During the past 13 years, Clas Ohlson AB's highest ROA % was 12.91%. The lowest was 1.75%. And the median was 8.75%.

LTS:0GQE's ROA % is ranked better than
80.52% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 2.16 vs LTS:0GQE: 8.28

Clas Ohlson AB ROA % Historical Data

The historical data trend for Clas Ohlson AB'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.

Clas Ohlson AB ROA % Chart

Clas Ohlson AB Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 7.70 7.07 8.65 3.27

Clas Ohlson AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 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 11.37 -1.80 -2.08 13.10 22.16

Competitive Comparison of Clas Ohlson AB's ROA %

For the Specialty Retail subindustry, Clas Ohlson AB'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.


Clas Ohlson AB's ROA % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Clas Ohlson AB's ROA % distribution charts can be found below:

* The bar in red indicates where Clas Ohlson AB's ROA % falls into.



Clas Ohlson AB ROA % Calculation

Clas Ohlson AB's annualized ROA % for the fiscal year that ended in Apr. 2023 is calculated as:

ROA %=Net Income (A: Apr. 2023 )/( (Total Assets (A: Apr. 2022 )+Total Assets (A: Apr. 2023 ))/ count )
=180.6/( (5948.6+5109.7)/ 2 )
=180.6/5529.15
=3.27 %

Clas Ohlson AB's annualized ROA % for the quarter that ended in Jan. 2024 is calculated as:

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=1284/( (5564.4+6023.8)/ 2 )
=1284/5794.1
=22.16 %

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


Clas Ohlson AB  (LTS:0GQE) 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
=1284/5794.1
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1284 / 13647.6)*(13647.6 / 5794.1)
=Net Margin %*Asset Turnover
=9.41 %*2.3554
=22.16 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (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.


Clas Ohlson AB ROA % Related Terms

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Clas Ohlson AB (LTS:0GQE) Business Description

Traded in Other Exchanges
Address
Municipality of Leksand, Insjon, SWE, 793 85
Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main markets by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.

Clas Ohlson AB (LTS:0GQE) Headlines

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