GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Bergs Timber AB (OSTO:BRG B) » Definitions » ROA %

Bergs Timber AB (OSTO:BRG B) ROA % : -2.77% (As of Sep. 2023)


View and export this data going back to 1978. Start your Free Trial

What is Bergs Timber AB ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Bergs Timber AB's annualized Net Income for the quarter that ended in Sep. 2023 was kr-76 Mil. Bergs Timber AB's average Total Assets over the quarter that ended in Sep. 2023 was kr2,740 Mil. Therefore, Bergs Timber AB's annualized ROA % for the quarter that ended in Sep. 2023 was -2.77%.

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

OSTO:BRG B' s ROA % Range Over the Past 10 Years
Min: -4.95   Med: 2.95   Max: 20.04
Current: -3.21

During the past 13 years, Bergs Timber AB's highest ROA % was 20.04%. The lowest was -4.95%. And the median was 2.95%.

OSTO:BRG B's ROA % is not ranked
in the Forest Products industry.
Industry Median: 1.65 vs OSTO:BRG B: -3.21

Bergs Timber AB ROA % Historical Data

The historical data trend for Bergs Timber 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.

Bergs Timber AB ROA % Chart

Bergs Timber AB Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Dec19 Dec20 Dec21 Dec22
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.67 2.16 8.60 20.77 9.66

Bergs Timber AB Quarterly Data
Aug18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.33 -1.10 -2.91 -6.02 -2.77

Competitive Comparison of Bergs Timber AB's ROA %

For the Lumber & Wood Production subindustry, Bergs Timber 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.


Bergs Timber AB's ROA % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Bergs Timber AB's ROA % distribution charts can be found below:

* The bar in red indicates where Bergs Timber AB's ROA % falls into.



Bergs Timber AB ROA % Calculation

Bergs Timber AB's annualized ROA % for the fiscal year that ended in Dec. 2022 is calculated as:

ROA %=Net Income (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=231/( (2316+2467)/ 2 )
=231/2391.5
=9.66 %

Bergs Timber AB's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-76/( (2830+2650)/ 2 )
=-76/2740
=-2.77 %

* 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 (Sep. 2023) net income data. ROA % is displayed in the 30-year financial page.


Bergs Timber AB  (OSTO:BRG B) 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: Sep. 2023 )
=Net Income/Total Assets
=-76/2740
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-76 / 3108)*(3108 / 2740)
=Net Margin %*Asset Turnover
=-2.45 %*1.1343
=-2.77 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


Bergs Timber AB ROA % Related Terms

Thank you for viewing the detailed overview of Bergs Timber AB's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bergs Timber AB (OSTO:BRG B) Business Description

Traded in Other Exchanges
N/A
Address
Vastra Tradgardsgatan 15, Stockholm, SWE, 111 53
Bergs Timber AB is engaged in the production and sale of sawn and processed timber products. The company manufactures gardening products, windows, doors, and prefabricated houses, and a facility for rot-proofing wood in Sweden. The company operates in three business segments: Wood Protection, Joinery, and Sawn Wood. Wood Protection conducts operations in wood preservatives. The Joinery product area manufactures processed products from wood such as houses, windows, and doors as well as a broad range of garden products such as fencing, windbreaks, benches, tables, and swimming pool sets. The Sawn Wood product area produces sawn products from two subsidiaries: Vika Wood in Latvia and Laest in Estonia.

Bergs Timber AB (OSTO:BRG B) Headlines

No Headlines