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Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) ROA % : 5.33% (As of Mar. 2024)


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What is Bahrain Car Parks Co (Amakin) BSC ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Bahrain Car Parks Co (Amakin) BSC's annualized Net Income for the quarter that ended in Mar. 2024 was BHD1.16 Mil. Bahrain Car Parks Co (Amakin) BSC's average Total Assets over the quarter that ended in Mar. 2024 was BHD21.68 Mil. Therefore, Bahrain Car Parks Co (Amakin) BSC's annualized ROA % for the quarter that ended in Mar. 2024 was 5.33%.

The historical rank and industry rank for Bahrain Car Parks Co (Amakin) BSC's ROA % or its related term are showing as below:

BAH:CPARK' s ROA % Range Over the Past 10 Years
Min: 3.26   Med: 4.57   Max: 7.01
Current: 5.21

During the past 13 years, Bahrain Car Parks Co (Amakin) BSC's highest ROA % was 7.01%. The lowest was 3.26%. And the median was 4.57%.

BAH:CPARK's ROA % is ranked better than
81.64% of 1830 companies
in the Real Estate industry
Industry Median: 1.075 vs BAH:CPARK: 5.21

Bahrain Car Parks Co (Amakin) BSC ROA % Historical Data

The historical data trend for Bahrain Car Parks Co (Amakin) BSC'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.

Bahrain Car Parks Co (Amakin) BSC ROA % Chart

Bahrain Car Parks Co (Amakin) BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.25 3.26 3.82 3.95 5.18

Bahrain Car Parks Co (Amakin) BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 5.27 4.63 4.36 6.48 5.33

Competitive Comparison of Bahrain Car Parks Co (Amakin) BSC's ROA %

For the Real Estate Services subindustry, Bahrain Car Parks Co (Amakin) BSC'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.


Bahrain Car Parks Co (Amakin) BSC's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bahrain Car Parks Co (Amakin) BSC's ROA % distribution charts can be found below:

* The bar in red indicates where Bahrain Car Parks Co (Amakin) BSC's ROA % falls into.



Bahrain Car Parks Co (Amakin) BSC ROA % Calculation

Bahrain Car Parks Co (Amakin) BSC'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 )
=1.092/( (20.59+21.607)/ 2 )
=1.092/21.0985
=5.18 %

Bahrain Car Parks Co (Amakin) BSC's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1.156/( (21.607+21.755)/ 2 )
=1.156/21.681
=5.33 %

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


Bahrain Car Parks Co (Amakin) BSC  (BAH:CPARK) 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
=1.156/21.681
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.156 / 2.94)*(2.94 / 21.681)
=Net Margin %*Asset Turnover
=39.32 %*0.1356
=5.33 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (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.


Bahrain Car Parks Co (Amakin) BSC ROA % Related Terms

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Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Business Description

Traded in Other Exchanges
N/A
Address
Building No.128 Government Avenue, Road No. 383, 2nd Floor Office No. 2009, P.O. Box 5298, Block No.316, Car Parks & Commercial Centre, Manama, BHR
Bahrain Car Parks Co (Amakin) BSC is engaged in the sale of other machinery equipment and parts, other marketing promotion activities, operation of car parks, and other activities. Its business segments include Car Park Services, which provides car parks for the public in return for parking charges; Property Rental Income, which is involved in the management, maintenance, and renting of properties; and Investment and Related Services, which include trading in the financial market and investing excess funds in the primary and secondary market; Sales of equipment, which involved in trading in car parks management equipment to the client. Its Property Rental Income segment generates maximum revenue for the company. Geographically the company provides its services only to the Bahrain market.

Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Headlines

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