GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Koramco The One Reit (XKRX:417310) » Definitions » ROA %

Koramco The One Reit (XKRX:417310) ROA % : 0.39% (As of Aug. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Koramco The One Reit ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Koramco The One Reit's annualized Net Income for the quarter that ended in Aug. 2024 was ₩2,001 Mil. Koramco The One Reit's average Total Assets over the quarter that ended in Aug. 2024 was ₩513,483 Mil. Therefore, Koramco The One Reit's annualized ROA % for the quarter that ended in Aug. 2024 was 0.39%.

The historical rank and industry rank for Koramco The One Reit's ROA % or its related term are showing as below:

XKRX:417310' s ROA % Range Over the Past 10 Years
Min: 0.14   Med: 0.4   Max: 0.57
Current: 0.39

During the past 4 years, Koramco The One Reit's highest ROA % was 0.57%. The lowest was 0.14%. And the median was 0.40%.

XKRX:417310's ROA % is ranked worse than
73.87% of 926 companies
in the REITs industry
Industry Median: 2.66 vs XKRX:417310: 0.39

Koramco The One Reit ROA % Historical Data

The historical data trend for Koramco The One Reit'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.

Koramco The One Reit ROA % Chart

Koramco The One Reit Annual Data
Trend Jun21 Feb22 Feb23 Feb24
ROA %
0.32 0.14 0.48 0.57

Koramco The One Reit Semi-Annual Data
Jun21 Aug22 Aug23 Aug24
ROA % 0.32 0.30 0.35 0.39

Competitive Comparison of Koramco The One Reit's ROA %

For the REIT - Diversified subindustry, Koramco The One Reit'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.


Koramco The One Reit's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Koramco The One Reit's ROA % distribution charts can be found below:

* The bar in red indicates where Koramco The One Reit's ROA % falls into.


;
;

Koramco The One Reit ROA % Calculation

Koramco The One Reit's annualized ROA % for the fiscal year that ended in Feb. 2024 is calculated as:

ROA %=Net Income (A: Feb. 2024 )/( (Total Assets (A: Feb. 2023 )+Total Assets (A: Feb. 2024 ))/ count )
=2930.633/( (516902.554+513646.476)/ 2 )
=2930.633/515274.515
=0.57 %

Koramco The One Reit's annualized ROA % for the quarter that ended in Aug. 2024 is calculated as:

ROA %=Net Income (Q: Aug. 2024 )/( (Total Assets (Q: Aug. 2023 )+Total Assets (Q: Aug. 2024 ))/ count )
=2000.976/( (515107.572+511857.699)/ 2 )
=2000.976/513482.6355
=0.39 %

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


Koramco The One Reit  (XKRX:417310) 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: Aug. 2024 )
=Net Income/Total Assets
=2000.976/513482.6355
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2000.976 / 7380.537)*(7380.537 / 513482.6355)
=Net Margin %*Asset Turnover
=27.11 %*0.0144
=0.39 %

Note: The Net Income data used here is one times the annual (Aug. 2024) net income data. The Revenue data used here is one times the annual (Aug. 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.


Koramco The One Reit ROA % Related Terms

Thank you for viewing the detailed overview of Koramco The One Reit's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Koramco The One Reit Business Description

Traded in Other Exchanges
N/A
Address
F1, F2 511 Samseong-ro, Gangnam-gu, Samsung-dong, Golden Tower, Seoul, KOR
Koramco The One Reit is a real estate investment trust.

Koramco The One Reit Headlines

No Headlines