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OTS Holdings (SGX:OTS) ROA % : -1.31% (As of Jun. 2024)


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What is OTS Holdings ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. OTS Holdings's annualized Net Income for the quarter that ended in Jun. 2024 was S$-0.47 Mil. OTS Holdings's average Total Assets over the quarter that ended in Jun. 2024 was S$35.58 Mil. Therefore, OTS Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was -1.31%.

The historical rank and industry rank for OTS Holdings's ROA % or its related term are showing as below:

SGX:OTS' s ROA % Range Over the Past 10 Years
Min: -5.09   Med: 6.29   Max: 11.81
Current: -0.64

During the past 7 years, OTS Holdings's highest ROA % was 11.81%. The lowest was -5.09%. And the median was 6.29%.

SGX:OTS's ROA % is ranked worse than
76.15% of 1920 companies
in the Consumer Packaged Goods industry
Industry Median: 3.315 vs SGX:OTS: -0.64

OTS Holdings ROA % Historical Data

The historical data trend for OTS Holdings'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.

OTS Holdings ROA % Chart

OTS Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROA %
Get a 7-Day Free Trial 11.81 7.34 2.66 -5.09 -0.63

OTS Holdings Semi-Annual Data
Jun18 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 0.85 0.04 -10.34 0.03 -1.31

Competitive Comparison of OTS Holdings's ROA %

For the Packaged Foods subindustry, OTS Holdings'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.


OTS Holdings's ROA % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, OTS Holdings's ROA % distribution charts can be found below:

* The bar in red indicates where OTS Holdings's ROA % falls into.



OTS Holdings ROA % Calculation

OTS Holdings's annualized ROA % for the fiscal year that ended in Jun. 2024 is calculated as:

ROA %=Net Income (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=-0.227/( (35.847+35.701)/ 2 )
=-0.227/35.774
=-0.63 %

OTS Holdings'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 )
=-0.466/( (35.457+35.701)/ 2 )
=-0.466/35.579
=-1.31 %

* 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.


OTS Holdings  (SGX:OTS) 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
=-0.466/35.579
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.466 / 28.034)*(28.034 / 35.579)
=Net Margin %*Asset Turnover
=-1.66 %*0.7879
=-1.31 %

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.


OTS Holdings ROA % Related Terms

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OTS Holdings Business Description

Traded in Other Exchanges
N/A
Address
30 Senoko South Road, Singapore, SGP, 758088
OTS Holdings Ltd is a brand builder and food manufacturing group in the consumer industry. It provides ready-to-eat and ready-to-cook meat products through its brands such as Anew, Golden Bridge, Kelly's, Golden Lion and others, with key markets in Singapore and Malaysia. The company has four operating segments that are Modern Trade, General Trade and Food Services and Others.

OTS Holdings Headlines

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