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Maharah Human Resources Co (SAU:1831) ROA % : 5.30% (As of Sep. 2024)


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What is Maharah Human Resources Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Maharah Human Resources Co's annualized Net Income for the quarter that ended in Sep. 2024 was ﷼97 Mil. Maharah Human Resources Co's average Total Assets over the quarter that ended in Sep. 2024 was ﷼1,839 Mil. Therefore, Maharah Human Resources Co's annualized ROA % for the quarter that ended in Sep. 2024 was 5.30%.

The historical rank and industry rank for Maharah Human Resources Co's ROA % or its related term are showing as below:

SAU:1831' s ROA % Range Over the Past 10 Years
Min: 5.62   Med: 15.36   Max: 26.62
Current: 7.48

During the past 6 years, Maharah Human Resources Co's highest ROA % was 26.62%. The lowest was 5.62%. And the median was 15.36%.

SAU:1831's ROA % is ranked better than
72.74% of 1064 companies
in the Business Services industry
Industry Median: 3.57 vs SAU:1831: 7.48

Maharah Human Resources Co ROA % Historical Data

The historical data trend for Maharah Human Resources Co'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.

Maharah Human Resources Co ROA % Chart

Maharah Human Resources Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial 26.62 16.66 14.06 8.27 5.62

Maharah Human Resources Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.64 2.12 11.19 11.17 5.30

Competitive Comparison of Maharah Human Resources Co's ROA %

For the Staffing & Employment Services subindustry, Maharah Human Resources Co'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.


Maharah Human Resources Co's ROA % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Maharah Human Resources Co's ROA % distribution charts can be found below:

* The bar in red indicates where Maharah Human Resources Co's ROA % falls into.



Maharah Human Resources Co ROA % Calculation

Maharah Human Resources Co'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 )
=97.048/( (1708.602+1747.341)/ 2 )
=97.048/1727.9715
=5.62 %

Maharah Human Resources Co's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=97.464/( (1831.934+1845.859)/ 2 )
=97.464/1838.8965
=5.30 %

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


Maharah Human Resources Co  (SAU:1831) 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. 2024 )
=Net Income/Total Assets
=97.464/1838.8965
=(Net Income / Revenue)*(Revenue / Total Assets)
=(97.464 / 2233.612)*(2233.612 / 1838.8965)
=Net Margin %*Asset Turnover
=4.36 %*1.2146
=5.30 %

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


Maharah Human Resources Co ROA % Related Terms

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Maharah Human Resources Co Business Description

Traded in Other Exchanges
N/A
Address
Al Olaya Road, Al Yasmin District, Riyadh, SAU, 13325
Maharah Human Resources Co is a Saudi Arabia-based company. The company engages in temporary employment agency activities for domestic services and temporary employment agency activities for foreign labor services. Its operating segment includes the Corporate Sector, Facility Management Sector, and Individual Sector. The company generates maximum revenue from the Corporate segment. Geographically, it derives a majority of revenue from KSA and also has a presence in UAE. It serves individuals, industrial and operation, retail, hospitality, healthcare, and commercial sectors.

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