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Enprise Group (NZSE:ENS) ROA % : 12.80% (As of Jun. 2024)


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What is Enprise Group ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Enprise Group's annualized Net Income for the quarter that ended in Jun. 2024 was NZ$1.68 Mil. Enprise Group's average Total Assets over the quarter that ended in Jun. 2024 was NZ$13.12 Mil. Therefore, Enprise Group's annualized ROA % for the quarter that ended in Jun. 2024 was 12.80%.

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

NZSE:ENS' s ROA % Range Over the Past 10 Years
Min: -66.33   Med: 1.95   Max: 14.21
Current: -0.05

During the past 9 years, Enprise Group's highest ROA % was 14.21%. The lowest was -66.33%. And the median was 1.95%.

NZSE:ENS's ROA % is ranked worse than
56.85% of 2816 companies
in the Software industry
Industry Median: 1.53 vs NZSE:ENS: -0.05

Enprise Group ROA % Historical Data

The historical data trend for Enprise 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.

Enprise Group ROA % Chart

Enprise Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Jun21 Jun22 Jun23 Jun24
ROA %
Get a 7-Day Free Trial Premium Member Only -6.09 6.74 -8.21 -66.33 0.89

Enprise Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -7.69 -55.07 -64.26 -13.78 12.80

Competitive Comparison of Enprise Group's ROA %

For the Software - Application subindustry, Enprise 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.


Enprise Group's ROA % Distribution in the Software Industry

For the Software industry and Technology sector, Enprise Group's ROA % distribution charts can be found below:

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



Enprise Group ROA % Calculation

Enprise Group'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 )
=0.122/( (12.944+14.599)/ 2 )
=0.122/13.7715
=0.89 %

Enprise Group's annualized ROA % for the quarter that ended in Jun. 2024 is calculated as:

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=1.68/( (11.641+14.599)/ 2 )
=1.68/13.12
=12.80 %

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


Enprise Group  (NZSE:ENS) 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: Jun. 2024 )
=Net Income/Total Assets
=1.68/13.12
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.68 / 23.08)*(23.08 / 13.12)
=Net Margin %*Asset Turnover
=7.28 %*1.7591
=12.80 %

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


Enprise Group ROA % Related Terms

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Enprise Group Business Description

Traded in Other Exchanges
N/A
Address
16 Hugo Johnston Drive, Level 2, Penrose, Auckland, NTL, NZL, 1061
Enprise Group Ltd is a hi-tech software and services investment company. The company has invested in four businesses: Kilimanjaro Consulting, iSell, Datagate Innovation, and Vadacom. It provides MYOB enterprise software systems, which include MYOB Advanced and MYOB Exo software platforms. The company also offers cloud-based quoting systems (IT Quoter) on a software-as-a-service model for the IT reseller market. It generates the majority of its revenue from the Kilimanjaro Consulting segment. Its geographic segments include New Zealand, Australia, EMEA (Europe, Middle East, and Africa), North America, and Asia of which it generates the majority of revenue from Australia.