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Rusta AB (publ) (OSTO:RUSTA) ROA % : 2.47% (As of Oct. 2024)


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What is Rusta AB (publ) ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Rusta AB (publ)'s annualized Net Income for the quarter that ended in Oct. 2024 was kr232 Mil. Rusta AB (publ)'s average Total Assets over the quarter that ended in Oct. 2024 was kr9,388 Mil. Therefore, Rusta AB (publ)'s annualized ROA % for the quarter that ended in Oct. 2024 was 2.47%.

The historical rank and industry rank for Rusta AB (publ)'s ROA % or its related term are showing as below:

OSTO:RUSTA' s ROA % Range Over the Past 10 Years
Min: 3.06   Med: 5.16   Max: 8.13
Current: 4.8

During the past 4 years, Rusta AB (publ)'s highest ROA % was 8.13%. The lowest was 3.06%. And the median was 5.16%.

OSTO:RUSTA's ROA % is ranked better than
66.7% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 2.33 vs OSTO:RUSTA: 4.80

Rusta AB (publ) ROA % Historical Data

The historical data trend for Rusta AB (publ)'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.

Rusta AB (publ) ROA % Chart

Rusta AB (publ) Annual Data
Trend Apr21 Apr22 Apr23 Apr24
ROA %
5.77 8.13 3.06 4.55

Rusta AB (publ) Quarterly Data
Apr21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.07 10.83 -4.06 9.99 2.47

Competitive Comparison of Rusta AB (publ)'s ROA %

For the Department Stores subindustry, Rusta AB (publ)'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.


Rusta AB (publ)'s ROA % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rusta AB (publ)'s ROA % distribution charts can be found below:

* The bar in red indicates where Rusta AB (publ)'s ROA % falls into.



Rusta AB (publ) ROA % Calculation

Rusta AB (publ)'s annualized ROA % for the fiscal year that ended in Apr. 2024 is calculated as:

ROA %=Net Income (A: Apr. 2024 )/( (Total Assets (A: Apr. 2023 )+Total Assets (A: Apr. 2024 ))/ count )
=408/( (8855+9097)/ 2 )
=408/8976
=4.55 %

Rusta AB (publ)'s annualized ROA % for the quarter that ended in Oct. 2024 is calculated as:

ROA %=Net Income (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=232/( (9401+9374)/ 2 )
=232/9387.5
=2.47 %

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


Rusta AB (publ)  (OSTO:RUSTA) 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: Oct. 2024 )
=Net Income/Total Assets
=232/9387.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(232 / 10892)*(10892 / 9387.5)
=Net Margin %*Asset Turnover
=2.13 %*1.1603
=2.47 %

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


Rusta AB (publ) ROA % Related Terms

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Rusta AB (publ) Business Description

Traded in Other Exchanges
Address
Kanalvagen 12, 4th floor, Upplands Vasby, SWE, SE-194 05
Rusta AB (publ) is a dominant company in the Nordic variety hard discount market. Its customer promise is to be a modern variety hard discount retailer making it easy to renew and refill at home at surprisingly low prices. It combines an offering of a wide and curated product assortment of everyday products, with good quality that covers frequent customer needs and wants at the lowest prices among comparable products with a convenient and positive in-store shopping experience. It has a wide multi-geographic presence with a network of 203 stores across Sweden, Norway, Finland, and Germany.

Rusta AB (publ) Headlines

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