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Jadwa REIT Al Haramain (SAU:4332) ROA % : 2.76% (As of Jun. 2024)


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What is Jadwa REIT Al Haramain ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Jadwa REIT Al Haramain's annualized Net Income for the quarter that ended in Jun. 2024 was ﷼20.18 Mil. Jadwa REIT Al Haramain's average Total Assets over the quarter that ended in Jun. 2024 was ﷼730.01 Mil. Therefore, Jadwa REIT Al Haramain's annualized ROA % for the quarter that ended in Jun. 2024 was 2.76%.

The historical rank and industry rank for Jadwa REIT Al Haramain's ROA % or its related term are showing as below:

SAU:4332' s ROA % Range Over the Past 10 Years
Min: -8.47   Med: 0.35   Max: 3.58
Current: 3.58

During the past 7 years, Jadwa REIT Al Haramain's highest ROA % was 3.58%. The lowest was -8.47%. And the median was 0.35%.

SAU:4332's ROA % is ranked better than
60.95% of 927 companies
in the REITs industry
Industry Median: 2.67 vs SAU:4332: 3.58

Jadwa REIT Al Haramain ROA % Historical Data

The historical data trend for Jadwa REIT Al Haramain'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.

Jadwa REIT Al Haramain ROA % Chart

Jadwa REIT Al Haramain Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial 2.30 -8.47 -1.16 -6.28 1.86

Jadwa REIT Al Haramain Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 -13.88 1.30 -0.67 4.42 2.76

Competitive Comparison of Jadwa REIT Al Haramain's ROA %

For the REIT - Hotel & Motel subindustry, Jadwa REIT Al Haramain'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.


Jadwa REIT Al Haramain's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Jadwa REIT Al Haramain's ROA % distribution charts can be found below:

* The bar in red indicates where Jadwa REIT Al Haramain's ROA % falls into.



Jadwa REIT Al Haramain ROA % Calculation

Jadwa REIT Al Haramain'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 )
=13.757/( (751.781+724.754)/ 2 )
=13.757/738.2675
=1.86 %

Jadwa REIT Al Haramain'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 )
=20.184/( (724.754+735.271)/ 2 )
=20.184/730.0125
=2.76 %

* 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.


Jadwa REIT Al Haramain  (SAU:4332) 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
=20.184/730.0125
=(Net Income / Revenue)*(Revenue / Total Assets)
=(20.184 / 31.446)*(31.446 / 730.0125)
=Net Margin %*Asset Turnover
=64.19 %*0.0431
=2.76 %

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.


Jadwa REIT Al Haramain ROA % Related Terms

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Jadwa REIT Al Haramain Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, Sky Towers, North Tower, 7th Floor, P.O. Box 60677, Riyadh, SAU, 11555
Jadwa REIT Al Haramain is a closed-ended REIT. It offers investment management across public equity, private equity, real estate, private credit, and fixed income; and discretionary and nondiscretionary investment advisory services. Its REIT property includes Tharawat Al-Andaloseya, Tharawat Al-Taqwa, Tharawat Wadi Ibrahim Hotel and Restaurant Building, and Pharmacy Building.

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