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IMW Immobilien SE (FRA:GARY) ROA % : 6.70% (As of Mar. 2015)


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What is IMW Immobilien SE ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. IMW Immobilien SE's annualized Net Income for the quarter that ended in Mar. 2015 was €22.26 Mil. IMW Immobilien SE's average Total Assets over the quarter that ended in Mar. 2015 was €332.39 Mil. Therefore, IMW Immobilien SE's annualized ROA % for the quarter that ended in Mar. 2015 was 6.70%.

The historical rank and industry rank for IMW Immobilien SE's ROA % or its related term are showing as below:

FRA:GARY' s ROA % Range Over the Past 10 Years
Min: -19.22   Med: 4.63   Max: 9.66
Current: 4.77

During the past 12 years, IMW Immobilien SE's highest ROA % was 9.66%. The lowest was -19.22%. And the median was 4.63%.

FRA:GARY's ROA % is not ranked
in the Real Estate industry.
Industry Median: 1.14 vs FRA:GARY: 4.77

IMW Immobilien SE ROA % Historical Data

The historical data trend for IMW Immobilien SE'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.

IMW Immobilien SE ROA % Chart

IMW Immobilien SE Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.78 4.57 3.53 5.93 4.68

IMW Immobilien SE Semi-Annual Data
Mar04 Mar07 Mar08 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15
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 2.70 1.30 10.69 2.99 6.70

Competitive Comparison of IMW Immobilien SE's ROA %

For the Real Estate - Development subindustry, IMW Immobilien SE'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.


IMW Immobilien SE's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IMW Immobilien SE's ROA % distribution charts can be found below:

* The bar in red indicates where IMW Immobilien SE's ROA % falls into.



IMW Immobilien SE ROA % Calculation

IMW Immobilien SE's annualized ROA % for the fiscal year that ended in Mar. 2015 is calculated as:

ROA %=Net Income (A: Mar. 2015 )/( (Total Assets (A: Mar. 2014 )+Total Assets (A: Mar. 2015 ))/ count )
=16.266/( (358.336+336.658)/ 2 )
=16.266/347.497
=4.68 %

IMW Immobilien SE's annualized ROA % for the quarter that ended in Mar. 2015 is calculated as:

ROA %=Net Income (Q: Mar. 2015 )/( (Total Assets (Q: Sep. 2014 )+Total Assets (Q: Mar. 2015 ))/ count )
=22.264/( (328.128+336.658)/ 2 )
=22.264/332.393
=6.70 %

* 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 two times the semi-annual (Mar. 2015) net income data. ROA % is displayed in the 30-year financial page.


IMW Immobilien SE  (FRA:GARY) 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. 2015 )
=Net Income/Total Assets
=22.264/332.393
=(Net Income / Revenue)*(Revenue / Total Assets)
=(22.264 / 39.428)*(39.428 / 332.393)
=Net Margin %*Asset Turnover
=56.47 %*0.1186
=6.70 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2015) net income data. The Revenue data used here is two times the semi-annual (Mar. 2015) 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.


IMW Immobilien SE ROA % Related Terms

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IMW Immobilien SE (FRA:GARY) Business Description

Traded in Other Exchanges
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Address
IMW Immobilien SE purchases, manages and sells real estate properties. The Company leases out commercial properties such as office buildings.

IMW Immobilien SE (FRA:GARY) Headlines

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