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Societe Immobiliere & De Participation (XTUN:SIMPA) ROA % : 0.00% (As of . 20)


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What is Societe Immobiliere & De Participation ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Societe Immobiliere & De Participation's annualized Net Income for the quarter that ended in . 20 was TND Mil. Societe Immobiliere & De Participation's average Total Assets over the quarter that ended in . 20 was TND 0 Mil. Therefore, Societe Immobiliere & De Participation's annualized ROA % for the quarter that ended in . 20 was Not Available.

The historical rank and industry rank for Societe Immobiliere & De Participation's ROA % or its related term are showing as below:

XTUN:SIMPA's ROA % is not ranked *
in the Real Estate industry.
Industry Median: 1.12
* Ranked among companies with meaningful ROA % only.

Societe Immobiliere & De Participation ROA % Historical Data

The historical data trend for Societe Immobiliere & De Participation'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.

Societe Immobiliere & De Participation ROA % Chart

Societe Immobiliere & De Participation Annual Data
Trend
ROA %

Societe Immobiliere & De Participation Semi-Annual Data
ROA %

Competitive Comparison of Societe Immobiliere & De Participation's ROA %

For the Real Estate - Diversified subindustry, Societe Immobiliere & De Participation'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.


Societe Immobiliere & De Participation's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Societe Immobiliere & De Participation's ROA % distribution charts can be found below:

* The bar in red indicates where Societe Immobiliere & De Participation's ROA % falls into.



Societe Immobiliere & De Participation ROA % Calculation

Societe Immobiliere & De Participation's annualized ROA % for the fiscal year that ended in . 20 is calculated as:

ROA %=Net Income (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

Societe Immobiliere & De Participation's annualized ROA % for the quarter that ended in . 20 is calculated as:

ROA %=Net Income (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
= %

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


Societe Immobiliere & De Participation  (XTUN:SIMPA) 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:

Note: The Net Income data used here is one times the annual (. 20) net income data. The Revenue data used here is one times the annual (. 20) 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.


Societe Immobiliere & De Participation ROA % Related Terms

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Societe Immobiliere & De Participation Business Description

Traded in Other Exchanges
N/A
Address
14, Rue Masmouda, Mutuelleville, Tunis, TUN, 1082
Societe Immobiliere & De Participation SA engages in the provision of real estate and property holding services. It engages in the acquisition of land; construction of buildings and establishments for lease and resale. It develops commercial and office spaces.

Societe Immobiliere & De Participation Headlines

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