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Keppel Philippines Properties (PHS:KEP) ROA % : 4.33% (As of Mar. 2024)


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What is Keppel Philippines Properties ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Keppel Philippines Properties's annualized Net Income for the quarter that ended in Mar. 2024 was ₱317.31 Mil. Keppel Philippines Properties's average Total Assets over the quarter that ended in Mar. 2024 was ₱7,323.31 Mil. Therefore, Keppel Philippines Properties's annualized ROA % for the quarter that ended in Mar. 2024 was 4.33%.

The historical rank and industry rank for Keppel Philippines Properties's ROA % or its related term are showing as below:

PHS:KEP' s ROA % Range Over the Past 10 Years
Min: -3.45   Med: 0.89   Max: 65.23
Current: 65.23

During the past 13 years, Keppel Philippines Properties's highest ROA % was 65.23%. The lowest was -3.45%. And the median was 0.89%.

PHS:KEP's ROA % is ranked better than
99.45% of 1832 companies
in the Real Estate industry
Industry Median: 1.115 vs PHS:KEP: 65.23

Keppel Philippines Properties ROA % Historical Data

The historical data trend for Keppel Philippines Properties'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.

Keppel Philippines Properties ROA % Chart

Keppel Philippines Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.85 -3.45 19.28 16.70 58.42

Keppel Philippines Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.72 -0.30 -0.32 228.95 4.33

Competitive Comparison of Keppel Philippines Properties's ROA %

For the Real Estate - Diversified subindustry, Keppel Philippines Properties'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.


Keppel Philippines Properties's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Keppel Philippines Properties's ROA % distribution charts can be found below:

* The bar in red indicates where Keppel Philippines Properties's ROA % falls into.



Keppel Philippines Properties ROA % Calculation

Keppel Philippines Properties's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=3288.098/( (3517.475+7739.315)/ 2 )
=3288.098/5628.395
=58.42 %

Keppel Philippines Properties's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=317.308/( (7739.315+6907.308)/ 2 )
=317.308/7323.3115
=4.33 %

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


Keppel Philippines Properties  (PHS:KEP) 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: Mar. 2024 )
=Net Income/Total Assets
=317.308/7323.3115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(317.308 / 0)*(0 / 7323.3115)
=Net Margin %*Asset Turnover
=N/A %*0
=4.33 %

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


Keppel Philippines Properties ROA % Related Terms

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Keppel Philippines Properties (PHS:KEP) Business Description

Traded in Other Exchanges
N/A
Address
The Podium West Tower, 18th Floor, Units 1802B-1803, 12 ADB Avenue, Ortigas Center, Mandaluyong, PHL, 1550
Keppel Philippines Properties Inc, along with its subsidiaries is engaged in the acquisition and development of suitable land sites for residential, office, and commercial uses. It is also an investment holding company which focuses on investments in stocks, shares, securities, and other investment instruments and in property management consultancy services. It is engaged in real estate development and leasing of office and commercial buildings, and renders property management consultancy services to its associates. The company operates in one business segment that is Management Consultancy Services. Geographically the company caters its services only to the Philippines market.

Keppel Philippines Properties (PHS:KEP) Headlines