ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PT Budi Starch & Sweetener Tbk's annualizedNet Income for the quarter that ended in Mar. 2024 was Rp83,192 Mil.
PT Budi Starch & Sweetener Tbk's average Total Assets over the quarter that ended in Mar. 2024 was Rp3,420,358 Mil. Therefore, PT Budi Starch & Sweetener Tbk's annualized ROA % for the quarter that ended in Mar. 2024 was 2.43%.
The historical rank and industry rank for PT Budi Starch & Sweetener Tbk's ROA % or its related term are showing as below:
ISX:BUDI'
s ROA % Range Over the Past 10 Years
Min: 0.68 Med: 1.72 Max: 3.1
Current: 2.66
During the past 13 years, PT Budi Starch & Sweetener Tbk's highest ROA % was 3.10%. The lowest was 0.68%. And the median was 1.72%.
ISX:BUDI's ROA % is ranked worse than 52.36% of 1906
companies
in the Consumer Packaged Goods industry
Industry Median: 3.005
vs ISX:BUDI: 2.66
PT Budi Starch & Sweetener Tbk ROA % Historical 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.
For the Packaged Foods subindustry, PT Budi Starch & Sweetener Tbk'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.
PT Budi Starch & Sweetener Tbk's ROA % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Budi Starch & Sweetener Tbk's ROA % distribution charts can be found below:
* The bar in red indicates where PT Budi Starch & Sweetener Tbk's ROA % falls into.
* 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.
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 banks 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 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.
PT Budi Starch & Sweetener Tbk ROA % Related Terms
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PT Budi Starch & Sweetener Tbk (ISX:BUDI) Business Description
PT Budi Starch & Sweetener Tbk is an Indonesia-based company involved in the packaged food business sector. The Company's primary activities include industrial food processing and chemicals, and all derivative products produced from cassava, sweet potato, palm oil, copra, and other agricultural products and a wide variety of industries, especially the plastics industry. The segments of the company are tapioca starch, sweeteners, PP Woven Bags, Sulphuric Acid, and Other Chemical Products. The company generates maximum revenue from Tapioca starch products.
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