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Compagnie Financiere de Neufcour (XBRU:MLNEU) ROA % : -4.43% (As of Dec. 2023)


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What is Compagnie Financiere de Neufcour ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Compagnie Financiere de Neufcour's annualized Net Income for the quarter that ended in Dec. 2023 was €-0.44 Mil. Compagnie Financiere de Neufcour's average Total Assets over the quarter that ended in Dec. 2023 was €9.92 Mil. Therefore, Compagnie Financiere de Neufcour's annualized ROA % for the quarter that ended in Dec. 2023 was -4.43%.

The historical rank and industry rank for Compagnie Financiere de Neufcour's ROA % or its related term are showing as below:

XBRU:MLNEU' s ROA % Range Over the Past 10 Years
Min: -5.38   Med: -0.72   Max: 19.67
Current: -4.43

During the past 13 years, Compagnie Financiere de Neufcour's highest ROA % was 19.67%. The lowest was -5.38%. And the median was -0.72%.

XBRU:MLNEU's ROA % is ranked worse than
83.19% of 1808 companies
in the Real Estate industry
Industry Median: 1.36 vs XBRU:MLNEU: -4.43

Compagnie Financiere de Neufcour ROA % Historical Data

The historical data trend for Compagnie Financiere de Neufcour'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.

Compagnie Financiere de Neufcour ROA % Chart

Compagnie Financiere de Neufcour 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 19.67 10.33 4.10 -5.04 -4.43

Compagnie Financiere de Neufcour Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 19.67 10.33 4.10 -5.04 -4.43

Competitive Comparison of Compagnie Financiere de Neufcour's ROA %

For the Real Estate Services subindustry, Compagnie Financiere de Neufcour'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.


Compagnie Financiere de Neufcour's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Compagnie Financiere de Neufcour's ROA % distribution charts can be found below:

* The bar in red indicates where Compagnie Financiere de Neufcour's ROA % falls into.


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Compagnie Financiere de Neufcour ROA % Calculation

Compagnie Financiere de Neufcour'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 )
=-0.44/( (9.88+9.965)/ 2 )
=-0.44/9.9225
=-4.43 %

Compagnie Financiere de Neufcour's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=-0.44/( (9.88+9.965)/ 2 )
=-0.44/9.9225
=-4.43 %

* 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 one times the annual (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Compagnie Financiere de Neufcour  (XBRU:MLNEU) 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: Dec. 2023 )
=Net Income/Total Assets
=-0.44/9.9225
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.44 / 0)*(0 / 9.9225)
=Net Margin %*Asset Turnover
=N/A %*0
=-4.43 %

Note: The Net Income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 2023) 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.


Compagnie Financiere de Neufcour ROA % Related Terms

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Compagnie Financiere de Neufcour Business Description

Traded in Other Exchanges
N/A
Address
Rue Churchill, 26, Romsee, BEL, 4624
Compagnie Financiere de Neufcour SA is engaged in real estate business. The company owns and manages real estate properties of the late 19th century and early 20th century.

Compagnie Financiere de Neufcour Headlines

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