GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pierre & Vacances (XPAR:VAC) » Definitions » ROA %

Pierre & Vacances (XPAR:VAC) ROA % : -4.97% (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Pierre & Vacances ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Pierre & Vacances's annualized Net Income for the quarter that ended in Mar. 2024 was €-212 Mil. Pierre & Vacances's average Total Assets over the quarter that ended in Mar. 2024 was €4,277 Mil. Therefore, Pierre & Vacances's annualized ROA % for the quarter that ended in Mar. 2024 was -4.97%.

The historical rank and industry rank for Pierre & Vacances's ROA % or its related term are showing as below:

XPAR:VAC' s ROA % Range Over the Past 10 Years
Min: -15.76   Med: -1.87   Max: 7.53
Current: -1.59

During the past 13 years, Pierre & Vacances's highest ROA % was 7.53%. The lowest was -15.76%. And the median was -1.87%.

XPAR:VAC's ROA % is ranked worse than
73.17% of 835 companies
in the Travel & Leisure industry
Industry Median: 2.08 vs XPAR:VAC: -1.59

Pierre & Vacances ROA % Historical Data

The historical data trend for Pierre & Vacances'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.

Pierre & Vacances ROA % Chart

Pierre & Vacances Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.20 -15.76 -11.06 7.53 -1.53

Pierre & Vacances Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.11 21.38 -5.41 2.01 -4.97

Competitive Comparison of Pierre & Vacances's ROA %

For the Lodging subindustry, Pierre & Vacances'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.


Pierre & Vacances's ROA % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pierre & Vacances's ROA % distribution charts can be found below:

* The bar in red indicates where Pierre & Vacances's ROA % falls into.



Pierre & Vacances ROA % Calculation

Pierre & Vacances's annualized ROA % for the fiscal year that ended in Sep. 2023 is calculated as:

ROA %=Net Income (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=-63.099/( (3900.545+4358.517)/ 2 )
=-63.099/4129.531
=-1.53 %

Pierre & Vacances's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-212.394/( (4358.517+4196.025)/ 2 )
=-212.394/4277.271
=-4.97 %

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


Pierre & Vacances  (XPAR:VAC) 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: Mar. 2024 )
=Net Income/Total Assets
=-212.394/4277.271
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-212.394 / 1557.136)*(1557.136 / 4277.271)
=Net Margin %*Asset Turnover
=-13.64 %*0.364
=-4.97 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2024) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.


Pierre & Vacances ROA % Related Terms

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


Pierre & Vacances Business Description

Traded in Other Exchanges
Address
L’Artois, Espace Pont de Flandre, 11, Rue de Cambrai, Paris Cedex 19, Paris, FRA, 75947
Pierre & Vacances is a France-based company engaged in providing holiday residences. The company's segment includes Center Parcs; Pierre and Vacances; Adagio; Major Projects and Senioriales and riales Holding company. It generates maximum revenue from the Center Parcs segment. The Center Parcs segment includes the operation of the Domaines marketed under the Center Parcs, Sunparks and Villages Nature brands, and the construction/renovation of tourism assets and real estate marketing activities in the Netherlands, Germany and Belgium.