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Glunz & Jensen Holding AS (OCSE:GJ) ROA % : 0.73% (As of Jun. 2024)


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What is Glunz & Jensen Holding AS ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Glunz & Jensen Holding AS's annualized Net Income for the quarter that ended in Jun. 2024 was kr1.6 Mil. Glunz & Jensen Holding AS's average Total Assets over the quarter that ended in Jun. 2024 was kr218.9 Mil. Therefore, Glunz & Jensen Holding AS's annualized ROA % for the quarter that ended in Jun. 2024 was 0.73%.

The historical rank and industry rank for Glunz & Jensen Holding AS's ROA % or its related term are showing as below:

OCSE:GJ' s ROA % Range Over the Past 10 Years
Min: -20.02   Med: -1.16   Max: 6.03
Current: -0.17

During the past 13 years, Glunz & Jensen Holding AS's highest ROA % was 6.03%. The lowest was -20.02%. And the median was -1.16%.

OCSE:GJ's ROA % is ranked worse than
73.72% of 3018 companies
in the Industrial Products industry
Industry Median: 3.295 vs OCSE:GJ: -0.17

Glunz & Jensen Holding AS ROA % Historical Data

The historical data trend for Glunz & Jensen Holding AS'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.

Glunz & Jensen Holding AS ROA % Chart

Glunz & Jensen Holding AS Annual Data
Trend May13 May14 May15 May16 May17 Mar19 Mar20 Mar21 Mar22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.72 -7.56 0.37 5.61 1.33

Glunz & Jensen Holding AS Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 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 Premium Member Only Premium Member Only 6.36 4.59 3.60 -1.06 0.73

Competitive Comparison of Glunz & Jensen Holding AS's ROA %

For the Specialty Industrial Machinery subindustry, Glunz & Jensen Holding AS'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.


Glunz & Jensen Holding AS's ROA % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Glunz & Jensen Holding AS's ROA % distribution charts can be found below:

* The bar in red indicates where Glunz & Jensen Holding AS's ROA % falls into.



Glunz & Jensen Holding AS ROA % Calculation

Glunz & Jensen Holding AS's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2.912/( (220.213+218.255)/ 2 )
=2.912/219.234
=1.33 %

Glunz & Jensen Holding AS'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 )
=1.6/( (218.255+219.5)/ 2 )
=1.6/218.8775
=0.73 %

* 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.


Glunz & Jensen Holding AS  (OCSE:GJ) 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
=1.6/218.8775
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.6 / 129.8)*(129.8 / 218.8775)
=Net Margin %*Asset Turnover
=1.23 %*0.593
=0.73 %

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.


Glunz & Jensen Holding AS ROA % Related Terms

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Glunz & Jensen Holding AS Business Description

Traded in Other Exchanges
N/A
Address
Selandia Park 1, Ringsted, DNK, DK-4100
Glunz & Jensen Holding AS is a supplier of, plate-making equipment and solutions for the prepress industry. In addition to developing and producing processing equipment for Offset and Flexo printing technologies, It also offers customer support as well as a full range of spare parts, wear parts, and consumable products. Its diverse product portfolio includes inkjet imaging systems, exposure units, washout units (processors), dryers, light finishers, fully automatic plate-making (inline) systems, mounting tables, plate stackers & turners. It presents two reportable segments the prepress market and the property rental Selandia. It has a geographic presence in EMEA, the Americas, Asia, and the Pacific. It generates the majority of its revenue from EMEA.

Glunz & Jensen Holding AS Headlines

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