ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Raiffeisen Bank Aval JSC's annualizedNet Income for the quarter that ended in Dec. 2023 was ₴-5,375 Mil.
Raiffeisen Bank Aval JSC's average Total Assets over the quarter that ended in Dec. 2023 was ₴185,715 Mil. Therefore, Raiffeisen Bank Aval JSC's annualized ROA % for the quarter that ended in Dec. 2023 was -2.89%.
The historical rank and industry rank for Raiffeisen Bank Aval JSC's ROA % or its related term are showing as below:
UKEX:BAVL'
s ROA % Range Over the Past 10 Years
Min: -8.87 Med: 4.25 Max: 8.57
Current: 2.73
During the past 13 years, Raiffeisen Bank Aval JSC's highest ROA % was 8.57%. The lowest was -8.87%. And the median was 4.25%.
UKEX:BAVL's ROA % is ranked better than 92.77% of 1466
companies
in the Banks industry
Industry Median: 0.89
vs UKEX:BAVL: 2.73
* 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 Raiffeisen Bank Aval JSC's ROA %
For the Banks - Regional subindustry, Raiffeisen Bank Aval JSC'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.
Raiffeisen Bank Aval JSC's ROA % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Raiffeisen Bank Aval JSC's ROA % distribution charts can be found below:
* The bar in red indicates where Raiffeisen Bank Aval JSC's ROA % falls into.
Raiffeisen Bank Aval JSC ROA % Calculation
Raiffeisen Bank Aval JSC's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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 (Dec. 2023) net income data.
ROA % is displayed in the 30-year financial page.
Raiffeisen Bank Aval JSC (UKEX:BAVL) 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 (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (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.
Raiffeisen Bank Aval JSC ROA % Related Terms
Thank you for viewing the detailed overview of Raiffeisen Bank Aval JSC's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Raiffeisen Bank Aval JSC (UKEX:BAVL) Business Description
Raiffeisen Bank Aval JSC is a Ukraine based bank. It provides banking services to private individuals, corporate clients, and small and micro enterprises in Ukraine through electronic channels. It offers services and products to private individuals, including deposits; money transfers in UAH and foreign currencies, with or without opening an account; a wide list of new payment instruments including MasterCard and Visa International cards; consumer loans and many others. Its segments include Corporate & Small enterprises, Micro customers & Private individuals, Financial institutions, and Proprietary business. The majority of its revenue comes from Corporate & Small enterprises segment.
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