ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. thyssenkrupp nucera AG's annualizedNet Income for the quarter that ended in Sep. 2024 was $34.2 Mil.
thyssenkrupp nucera AG's average Total Assets over the quarter that ended in Sep. 2024 was $1,344.1 Mil. Therefore, thyssenkrupp nucera AG's annualized ROA % for the quarter that ended in Sep. 2024 was 2.54%.
The historical rank and industry rank for thyssenkrupp nucera AG's ROA % or its related term are showing as below:
THYKF'
s ROA % Range Over the Past 10 Years
Min: 0.91 Med: 2.83 Max: 5.56
Current: 0.92
During the past 5 years, thyssenkrupp nucera AG's highest ROA % was 5.56%. The lowest was 0.91%. And the median was 2.83%.
THYKF's ROA % is ranked worse than 67.78% of 3017
companies
in the Industrial Products industry
Industry Median: 3.27
vs THYKF: 0.92
* 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.
Competitive Comparison of thyssenkrupp nucera AG's ROA %
For the Specialty Industrial Machinery subindustry, thyssenkrupp nucera AG'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.
thyssenkrupp nucera AG's ROA % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, thyssenkrupp nucera AG's ROA % distribution charts can be found below:
* The bar in red indicates where thyssenkrupp nucera AG's ROA % falls into.
thyssenkrupp nucera AG ROA % Calculation
thyssenkrupp nucera AG's annualized ROA % for the fiscal year that ended in Sep. 2024 is calculated as:
* 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 (Sep. 2024) net income data.
ROA % is displayed in the 30-year financial page.
thyssenkrupp nucera AG (OTCPK:THYKF) 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 banks 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:
Note:
The Net Income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (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.
thyssenkrupp nucera AG ROA % Related Terms
Thank you for viewing the detailed overview of thyssenkrupp nucera AG's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
thyssenkrupp nucera AG & Co is a provider of technologies for high-efficiency electrolysis plants. Its green hydrogen technology enables customers to minimize their carbon footprint and transform their operations into net zero. The company is a technology leader in the chlor-alkali sector. Its experience in the chlor-alkali business stretches over five decades, providing a basis for the development and upscaling of its alkaline water electrolysis (AWE) business. AWE is an industrial-scale green hydrogen production technology for the company. It enables customers to produce large volumes of hydrogen with a standardized modular approach at the cost of ownership. The company has five geographical segments; Germany, Italy, Japan, China and Rest of the world.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
THYKF has been successfully added to your