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SMB Cote d'IvoireXBRV:SMBC 53 ROA % is 5.01% as of Dec. 2024, which is 41% below its 10-year median of 8.47. GuruFocus rates XBRV:SMBC with a GF Score™ of 53/100. The stock has 11 warning signs investors should review. Among 1,615 Chemicals companies, SMB Cote d'Ivoire ranks better than 64.95% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. SMB Cote d'Ivoire's annualizedNet Income for the quarter that ended in Dec. 2024 was XOF8,698 Mil.
SMB Cote d'Ivoire's average Total Assets over the quarter that ended in Dec. 2024 was XOF173,553 Mil. Therefore, SMB Cote d'Ivoire's annualized ROA % for the quarter that ended in Dec. 2024 was 5.01%.
The historical rank and industry rank for SMB Cote d'Ivoire's ROA % or its related term are showing as below:
XBRV:SMBC'
s ROA % Range Over the Past 10 Years
Min: 0.06 Med: 8.47 Max: 11.09
Current: 5.01
During the past 13 years, SMB Cote d'Ivoire's highest ROA % was 11.09%. The lowest was 0.06%. And the median was 8.47%.
XBRV:SMBC's ROA % is ranked better than 64.95% of 1615
companies
in the Chemicals industry
Industry Median: 3.07
vs XBRV:SMBC: 5.01
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 one times the annual (Dec. 2024) net income data. The Revenue data used here is one times the annual (Dec. 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.
SMB Cote d'Ivoire ROA % Related Terms
SMB Cote d'Ivoire ROA % Historical Data
* Premium members only.
The historical data trend for SMB Cote d'Ivoire'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.
For the Specialty Chemicals subindustry, SMB Cote d'Ivoire'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.
SMB Cote d'Ivoire ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SMB Cote d'Ivoire's ROA % distribution charts can be found below:
* The bar in red indicates where SMB Cote d'Ivoire's ROA % falls into.
* 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. 2024) net income data.
ROA % is displayed in the 30-year financial page.
SMB Cote d'Ivoire (XBRV:SMBC) has a ROA % of 5.01% as of Dec. 2024. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on SMB Cote d'Ivoire and its competitors. This is 41% below median its historical median of 8.47. Over the past decade, SMB Cote d'Ivoire's ROA % has ranged from 0.06 to 11.09. According to the industry distribution chart, SMB Cote d'Ivoire ranks #566 out of 1615 companies in the Chemicals industry, placing it in the top 35%.
Is SMB Cote d'Ivoire's ROA % too high?
SMB Cote d'Ivoire's current ROA % of 5.01% is 41% below median its 10-year median of 8.47. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 11.09. The Chemicals industry median ROA % is 3.07. SMB Cote d'Ivoire's value of 5.01% is 63.2% above this industry median. Based on the distribution chart, SMB Cote d'Ivoire ranks #566 out of 1615 companies in the Chemicals industry, which is above the industry midpoint. Overall, SMB Cote d'Ivoire has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does SMB Cote d'Ivoire's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, SMB Cote d'Ivoire ranks #566 out of 1615 companies for ROA %. This puts SMB Cote d'Ivoire in the upper half of its industry. The industry median ROA % is 3.07. SMB Cote d'Ivoire's value of 5.01% is 63.2% above this benchmark. Historically, SMB Cote d'Ivoire's own ROA % has ranged from 0.06 to 11.09 over the past decade. While the company's 10-year median is 8.47 vs. the industry median of 3.07, SMB Cote d'Ivoire has consistently been above the industry average. 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 Chemicals company?
The median ROA % among Chemicals companies is 3.07, based on 1,615 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. SMB Cote d'Ivoire's current ROA % of 5.01% is 63.2% 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 SMB Cote d'Ivoire and its competitors. For the Chemicals industry, the median ROA % is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMB Cote d'Ivoire's current ROA % is 5.01%, which is 41% below median its own 10-year median of 8.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMB Cote d'Ivoire stock overvalued right now?
SMB Cote d'Ivoire (XBRV:SMBC) has a current ROA % of 5.01%. The current ROA % is 5.01%, which is 41% below median its 10-year median of 8.47 and 63.2% above the Chemicals industry median of 3.07. SMB Cote d'Ivoire's overall GF Score™ is 53/100 with 11 warning signs to review. 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 SMB Cote d'Ivoire (XBRV:SMBC), the current ROA % is 5.01% as of Dec. 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.
SMB Cote d'Ivoire, formerly Societe Multinationale de Bitumes SA is engaged in the refinement of crude oil. Its products are obtained by direct distillation of a South American heavy crude. It offers its products for the production of road bitumen. The various grades of bitumen offered by the company include 35/50, 40/50, 50/70, AC-10 and AC-20 among others.
53GF Score
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