GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Montepino Logistica SOCIMI SA (XPAR:MLMTP) » Definitions » ROA %

Montepino Logistica SOCIMI (XPAR:MLMTP) ROA % : 2.70% (As of Dec. 2022)


View and export this data going back to 2023. Start your Free Trial

What is Montepino Logistica SOCIMI ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Montepino Logistica SOCIMI's annualized Net Income for the quarter that ended in Dec. 2022 was €32.60 Mil. Montepino Logistica SOCIMI's average Total Assets over the quarter that ended in Dec. 2022 was €1,209.57 Mil. Therefore, Montepino Logistica SOCIMI's annualized ROA % for the quarter that ended in Dec. 2022 was 2.70%.

The historical rank and industry rank for Montepino Logistica SOCIMI's ROA % or its related term are showing as below:

XPAR:MLMTP' s ROA % Range Over the Past 10 Years
Min: 2.7   Med: 3.07   Max: 3.43
Current: 2.7

During the past 2 years, Montepino Logistica SOCIMI's highest ROA % was 3.43%. The lowest was 2.70%. And the median was 3.07%.

XPAR:MLMTP's ROA % is ranked better than
54.26% of 798 companies
in the REITs industry
Industry Median: 2.195 vs XPAR:MLMTP: 2.70

Montepino Logistica SOCIMI ROA % Historical Data

The historical data trend for Montepino Logistica 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.

Montepino Logistica SOCIMI ROA % Chart

Montepino Logistica SOCIMI Annual Data
Trend Dec21 Dec22
ROA %
3.43 2.70

Montepino Logistica SOCIMI Semi-Annual Data
Dec21 Dec22
ROA % 3.43 2.70

Competitive Comparison of Montepino Logistica SOCIMI's ROA %

For the REIT - Industrial subindustry, Montepino Logistica 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.


Montepino Logistica SOCIMI's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Montepino Logistica SOCIMI's ROA % distribution charts can be found below:

* The bar in red indicates where Montepino Logistica SOCIMI's ROA % falls into.



Montepino Logistica SOCIMI ROA % Calculation

Montepino Logistica SOCIMI's annualized ROA % for the fiscal year that ended in Dec. 2022 is calculated as:

ROA %=Net Income (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=32.604/( (1059.006+1360.125)/ 2 )
=32.604/1209.5655
=2.70 %

Montepino Logistica SOCIMI's annualized ROA % for the quarter that ended in Dec. 2022 is calculated as:

ROA %=Net Income (Q: Dec. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Dec. 2022 ))/ count )
=32.604/( (1059.006+1360.125)/ 2 )
=32.604/1209.5655
=2.70 %

* 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. 2022) net income data. ROA % is displayed in the 30-year financial page.


Montepino Logistica SOCIMI  (XPAR:MLMTP) 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. 2022 )
=Net Income/Total Assets
=32.604/1209.5655
=(Net Income / Revenue)*(Revenue / Total Assets)
=(32.604 / 26.107)*(26.107 / 1209.5655)
=Net Margin %*Asset Turnover
=124.89 %*0.0216
=2.70 %

Note: The Net Income data used here is one times the annual (Dec. 2022) net income data. The Revenue data used here is one times the annual (Dec. 2022) 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.


Montepino Logistica SOCIMI ROA % Related Terms

Thank you for viewing the detailed overview of Montepino Logistica SOCIMI's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Montepino Logistica SOCIMI (XPAR:MLMTP) Business Description

Traded in Other Exchanges
N/A
Address
3, Calle Felipe Sanclemente 26, Zaragoza, ESP, 50001
Montepino Logística SOCIMI SA is a Spanish real estate investment company. The Company strategy focuses on logistics asset development in strategic corridors or sites to be leased by logistic operators, couriers, last-mile operators, or other companies that use the facilities for product storage and distribution. The Company's only activity was the development of logistics facilities for lease.

Montepino Logistica SOCIMI (XPAR:MLMTP) Headlines

No Headlines