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CapitaLand India Trust (SGX:CY6U) ROA % : 3.05% (As of Jun. 2024)


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What is CapitaLand India Trust ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. CapitaLand India Trust's annualized Net Income for the quarter that ended in Jun. 2024 was S$115.8 Mil. CapitaLand India Trust's average Total Assets over the quarter that ended in Jun. 2024 was S$3,802.9 Mil. Therefore, CapitaLand India Trust's annualized ROA % for the quarter that ended in Jun. 2024 was 3.05%.

The historical rank and industry rank for CapitaLand India Trust's ROA % or its related term are showing as below:

SGX:CY6U' s ROA % Range Over the Past 10 Years
Min: 4.24   Med: 6.16   Max: 10.83
Current: 4.89

During the past 13 years, CapitaLand India Trust's highest ROA % was 10.83%. The lowest was 4.24%. And the median was 6.16%.

SGX:CY6U's ROA % is ranked better than
79.59% of 1818 companies
in the Real Estate industry
Industry Median: 1.12 vs SGX:CY6U: 4.89

CapitaLand India Trust ROA % Historical Data

The historical data trend for CapitaLand India Trust'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.

CapitaLand India Trust ROA % Chart

CapitaLand India Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.07 5.26 6.64 4.32 4.24

CapitaLand India Trust Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.95 5.55 1.52 6.81 3.05

Competitive Comparison of CapitaLand India Trust's ROA %

For the Real Estate Services subindustry, CapitaLand India Trust'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.


CapitaLand India Trust's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CapitaLand India Trust's ROA % distribution charts can be found below:

* The bar in red indicates where CapitaLand India Trust's ROA % falls into.



CapitaLand India Trust ROA % Calculation

CapitaLand India Trust'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 )
=147.429/( (3217.117+3730.205)/ 2 )
=147.429/3473.661
=4.24 %

CapitaLand India Trust'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 )
=115.836/( (3730.205+3875.678)/ 2 )
=115.836/3802.9415
=3.05 %

* 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.


CapitaLand India Trust  (SGX:CY6U) 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
=115.836/3802.9415
=(Net Income / Revenue)*(Revenue / Total Assets)
=(115.836 / 272.144)*(272.144 / 3802.9415)
=Net Margin %*Asset Turnover
=42.56 %*0.0716
=3.05 %

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.


CapitaLand India Trust ROA % Related Terms

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CapitaLand India Trust Business Description

Traded in Other Exchanges
Address
168 Robinson Road, No. 30-01, Capital Tower, Singapore, SGP, 068912
CapitaLand India Trust is a Singapore-listed property trust that obtains portfolio returns for unitholders by investing in information technology, or IT, parks, and office properties in major Indian cities. Group revenue is derived primarily from corporate tenants. The company focuses on the purchase and development of properties to be used primarily for business space. A-iTrust may also purchase, hold and develop land or uncompleted developments to be used for business space to hold the properties upon completion. A-iTrust is positioned to capitalize on the IT and business process management industries in India.

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