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Home Capital Rentals Socimi (XMAD:YHCR) ROA % : 10.17% (As of Dec. 2023)


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What is Home Capital Rentals Socimi ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Home Capital Rentals Socimi's annualized Net Income for the quarter that ended in Dec. 2023 was €7.69 Mil. Home Capital Rentals Socimi's average Total Assets over the quarter that ended in Dec. 2023 was €75.65 Mil. Therefore, Home Capital Rentals Socimi's annualized ROA % for the quarter that ended in Dec. 2023 was 10.17%.

The historical rank and industry rank for Home Capital Rentals Socimi's ROA % or its related term are showing as below:

XMAD:YHCR' s ROA % Range Over the Past 10 Years
Min: -3.23   Med: -1.59   Max: 5.36
Current: 5.33

During the past 6 years, Home Capital Rentals Socimi's highest ROA % was 5.36%. The lowest was -3.23%. And the median was -1.59%.

XMAD:YHCR's ROA % is not ranked
in the REITs industry.
Industry Median: 2.23 vs XMAD:YHCR: 5.33

Home Capital Rentals Socimi ROA % Historical Data

The historical data trend for Home Capital Rentals Socimi'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.

Home Capital Rentals Socimi ROA % Chart

Home Capital Rentals Socimi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial -3.23 -3.06 -1.64 -1.53 5.36

Home Capital Rentals Socimi Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.87 -1.85 -1.22 0.42 10.17

Competitive Comparison of Home Capital Rentals Socimi's ROA %

For the REIT - Residential subindustry, Home Capital Rentals Socimi'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.


Home Capital Rentals Socimi's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Home Capital Rentals Socimi's ROA % distribution charts can be found below:

* The bar in red indicates where Home Capital Rentals Socimi's ROA % falls into.



Home Capital Rentals Socimi ROA % Calculation

Home Capital Rentals Socimi'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 )
=4.003/( (73.926+75.412)/ 2 )
=4.003/74.669
=5.36 %

Home Capital Rentals Socimi's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=7.694/( (75.886+75.412)/ 2 )
=7.694/75.649
=10.17 %

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


Home Capital Rentals Socimi  (XMAD:YHCR) 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
=7.694/75.649
=(Net Income / Revenue)*(Revenue / Total Assets)
=(7.694 / 2.218)*(2.218 / 75.649)
=Net Margin %*Asset Turnover
=346.89 %*0.0293
=10.17 %

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


Home Capital Rentals Socimi ROA % Related Terms

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Home Capital Rentals Socimi (XMAD:YHCR) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Calle de María de Molina 1, 5th Floor, Madrid, ESP, 28006
Home Capital Rentals Socimi SA is a company dedicated to the acquisition and rehabilitation of residential real estate assets for rental in the corporate market.

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