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Preservia Hyresfastigheter AB (NGM:PHYR B) ROA % : -2.44% (As of Dec. 2023)


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What is Preservia Hyresfastigheter AB ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Preservia Hyresfastigheter AB's annualized Net Income for the quarter that ended in Dec. 2023 was kr-1.96 Mil. Preservia Hyresfastigheter AB's average Total Assets over the quarter that ended in Dec. 2023 was kr80.10 Mil. Therefore, Preservia Hyresfastigheter AB's annualized ROA % for the quarter that ended in Dec. 2023 was -2.44%.

The historical rank and industry rank for Preservia Hyresfastigheter AB's ROA % or its related term are showing as below:

NGM:PHYR B' s ROA % Range Over the Past 10 Years
Min: -9.2   Med: -2.7   Max: -2.04
Current: -5.91

During the past 6 years, Preservia Hyresfastigheter AB's highest ROA % was -2.04%. The lowest was -9.20%. And the median was -2.70%.

NGM:PHYR B's ROA % is ranked worse than
87.15% of 1829 companies
in the Real Estate industry
Industry Median: 1.05 vs NGM:PHYR B: -5.91

Preservia Hyresfastigheter AB ROA % Historical Data

The historical data trend for Preservia Hyresfastigheter AB'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.

Preservia Hyresfastigheter AB ROA % Chart

Preservia Hyresfastigheter AB Annual Data
Trend Dec15 Dec16 Dec17 Apr20 Apr21 Apr22
ROA %
Get a 7-Day Free Trial -2.04 -8.81 -2.70 -9.20 -2.40

Preservia Hyresfastigheter AB Semi-Annual Data
Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Jun23 Dec23
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 -5.63 1.03 -5.75 -8.36 -2.44

Competitive Comparison of Preservia Hyresfastigheter AB's ROA %

For the Real Estate - Development subindustry, Preservia Hyresfastigheter AB'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.


Preservia Hyresfastigheter AB's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Preservia Hyresfastigheter AB's ROA % distribution charts can be found below:

* The bar in red indicates where Preservia Hyresfastigheter AB's ROA % falls into.



Preservia Hyresfastigheter AB ROA % Calculation

Preservia Hyresfastigheter AB's annualized ROA % for the fiscal year that ended in Apr. 2022 is calculated as:

ROA %=Net Income (A: Apr. 2022 )/( (Total Assets (A: Apr. 2021 )+Total Assets (A: Apr. 2022 ))/ count )
=-2.36/( (98.645+97.633)/ 2 )
=-2.36/98.139
=-2.40 %

Preservia Hyresfastigheter AB's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-1.958/( (82.218+77.99)/ 2 )
=-1.958/80.104
=-2.44 %

* 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 (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Preservia Hyresfastigheter AB  (NGM:PHYR B) 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: Dec. 2023 )
=Net Income/Total Assets
=-1.958/80.104
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.958 / 0)*(0 / 80.104)
=Net Margin %*Asset Turnover
=N/A %*0
=-2.44 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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.


Preservia Hyresfastigheter AB ROA % Related Terms

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Preservia Hyresfastigheter AB (NGM:PHYR B) Business Description

Traded in Other Exchanges
Address
Vasagatan 7 A, Stockholm, SWE, 111 20
Preservia Hyresfastigheter AB is an investor and developer of housing with a focus on rental apartments. The company owns two projects for the development of homes in Gavle and Balsta. It generates revenue through the development and sale of the properties and through the net operating income of investment properties.

Preservia Hyresfastigheter AB (NGM:PHYR B) Headlines

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