Ovostar Union PCL (WAR:OVO) ROA %: 17.94% (As of Jun. 2024)

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WAR:OVO Ovostar Union PCL WAR:OVO
4 GF Score
Price zł70.00
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What is Ovostar Union PCL ROA %?

Ovostar Union PCL WAR:OVO 4 ROA % is 17.94% as of Jun. 2024. GuruFocus rates WAR:OVO with a GF Score™ of 4/100.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ovostar Union PCL's annualized Net Income for the quarter that ended in Jun. 2024 was zł97.8 Mil. Ovostar Union PCL's average Total Assets over the quarter that ended in Jun. 2024 was zł545.5 Mil. Therefore, Ovostar Union PCL's annualized ROA % for the quarter that ended in Jun. 2024 was 17.94%.

The historical rank and industry rank for Ovostar Union PCL's ROA % or its related term are showing as below:

WAR:OVO's ROA % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3.29
* Ranked among companies with meaningful ROA % only.

Ovostar Union PCL  (WAR:OVO) 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
=97.844/545.5425
=(Net Income / Revenue)*(Revenue / Total Assets)
=(97.844 / 434.232)*(434.232 / 545.5425)
=Net Margin %*Asset Turnover
=22.53 %*0.796
=17.94 %

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


Ovostar Union PCL ROA % Related Terms


Ovostar Union PCL ROA % Historical Data

* Premium members only.

The historical data trend for Ovostar Union PCL'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.

Ovostar Union PCL ROA % Chart

Ovostar Union PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.74 1.95 1.24 4.96 35.38

Ovostar Union PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 41.10 27.74 47.07 19.49 17.94

WAR:OVO vs ADM, TSN, BG: ROA % Comparison

For the Farm Products subindustry, Ovostar Union PCL'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.


Ovostar Union PCL ROA % vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Ovostar Union PCL's ROA % falls into.


WAR:OVO
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Ovostar Union PCL WAR:OVO
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Ovostar Union PCL ROA % Calculation

Ovostar Union PCL'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 )
=170.188/( (421.039+540.894)/ 2 )
=170.188/480.9665
=35.38 %

Ovostar Union PCL's annualized ROA % for the quarter that ended in Jun. 2024 is calculated as:

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=97.844/( (538.601+552.484)/ 2 )
=97.844/545.5425
=17.94 %

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

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 17.94% mean?
Ovostar Union PCL (WAR:OVO) has a ROA % of 17.94% as of Jun. 2024. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Ovostar Union PCL and its competitors.
Is Ovostar Union PCL's ROA % too high?
Ovostar Union PCL's current ROA % is 17.94%. The Consumer Packaged Goods industry median ROA % is 3.29. Ovostar Union PCL's value of 17.94% is 445.3% above this industry median. Overall, Ovostar Union PCL has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Ovostar Union PCL's ROA % compare to ADM and TSN?
Ovostar Union PCL's ROA % of 17.94% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROA % is 3.29. Ovostar Union PCL's value of 17.94% is 445.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Consumer Packaged Goods company?
The median ROA % among Consumer Packaged Goods companies is 3.29, based on 1,993 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ovostar Union PCL's current ROA % of 17.94% is 445.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Ovostar Union PCL and its competitors. For the Consumer Packaged Goods industry, the median ROA % is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ovostar Union PCL's current ROA % is 17.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovostar Union PCL stock overvalued right now?
Ovostar Union PCL (WAR:OVO) has a current ROA % of 17.94%. The current ROA % is 17.94% and 445.3% above the Consumer Packaged Goods industry median of 3.29. Ovostar Union PCL's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Ovostar Union PCL (WAR:OVO), the current ROA % is 17.94% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ovostar Union PCL Business Description

Address 22 Ierotheou Street, 4th floor, Strovolos, Nicosia, CYP, 2028
Ovostar Union PCL is a vertically integrated public holding company, manufacturer, and exporter of chicken eggs and egg products. It offers a range of packed shell eggs under the Yasenvit brand name and egg products under the Ovostar brand name. It includes egg albumen, egg powder, egg white, and egg yolk, among others, and is sold to companies such as Nestle, Kraft Foods, and McDonald's, among others. Its segments are Egg and Egg Products.
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