ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PT Wijaya Karya (Persero) Tbk's annualizedNet Income for the quarter that ended in Mar. 2024 was Rp-4,530,996 Mil.
PT Wijaya Karya (Persero) Tbk's average Total Assets over the quarter that ended in Mar. 2024 was Rp65,301,875 Mil. Therefore, PT Wijaya Karya (Persero) Tbk's annualized ROA % for the quarter that ended in Mar. 2024 was -6.94%.
The historical rank and industry rank for PT Wijaya Karya (Persero) Tbk's ROA % or its related term are showing as below:
ISX:WIKA'
s ROA % Range Over the Past 10 Years
Min: -11.31 Med: 3.21 Max: 4.27
Current: -11.31
During the past 13 years, PT Wijaya Karya (Persero) Tbk's highest ROA % was 4.27%. The lowest was -11.31%. And the median was 3.21%.
ISX:WIKA's ROA % is ranked worse than 93.22% of 1667
companies
in the Construction industry
Industry Median: 2.62
vs ISX:WIKA: -11.31
PT Wijaya Karya (Persero) 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.
Competitive Comparison of PT Wijaya Karya (Persero) Tbk's ROA %
For the Engineering & Construction subindustry, PT Wijaya Karya (Persero) 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 Wijaya Karya (Persero) Tbk's ROA % Distribution in the Construction Industry
For the Construction industry and Industrials sector, PT Wijaya Karya (Persero) Tbk's ROA % distribution charts can be found below:
* The bar in red indicates where PT Wijaya Karya (Persero) 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.
PT Wijaya Karya (Persero) Tbk (ISX:WIKA) 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 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 Wijaya Karya (Persero) Tbk ROA % Related Terms
Thank you for viewing the detailed overview of PT Wijaya Karya (Persero) Tbk's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Business Description
PT Wijaya Karya (Persero) Tbk is an engineering and construction firm focusing on construction, large infrastructure projects, energy plants, real estate, and other developments. It constructs transportation networks for public systems and builds residential and commercial buildings for various end markets. The company works throughout the entire construction process, from planning and design to building and repairing existing structures. Wijaya Karya has five business segments: infrastructure and buildings, energy and industrial plants, Investment, realty and property, and industry. The company is controlled by the Indonesian government.
PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Headlines
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