ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mikro MSC Bhd's annualizedNet Income for the quarter that ended in Dec. 2023 was RM106.38 Mil.
Mikro MSC Bhd's average Total Assets over the quarter that ended in Dec. 2023 was RM253.47 Mil. Therefore, Mikro MSC Bhd's annualized ROA % for the quarter that ended in Dec. 2023 was 41.97%.
The historical rank and industry rank for Mikro MSC Bhd's ROA % or its related term are showing as below:
XKLS:0112'
s ROA % Range Over the Past 10 Years
Min: 2.69 Med: 6.81 Max: 20.66
Current: 14.73
During the past 13 years, Mikro MSC Bhd's highest ROA % was 20.66%. The lowest was 2.69%. And the median was 6.81%.
XKLS:0112's ROA % is ranked better than 94.53% of 3018
companies
in the Industrial Products industry
Industry Median: 3.5
vs XKLS:0112: 14.73
Mikro MSC Bhd ROA % Historical Data
The historical data trend for Mikro MSC Bhd'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.
For the Electrical Equipment & Parts subindustry, Mikro MSC Bhd'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.
Mikro MSC Bhd's ROA % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mikro MSC Bhd's ROA % distribution charts can be found below:
* The bar in red indicates where Mikro MSC Bhd's ROA % falls into.
Mikro MSC Bhd ROA % Calculation
Mikro MSC Bhd's annualized ROA % for the fiscal year that ended in Jun. 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.
Mikro MSC Bhd (XKLS:0112) 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.
Mikro MSC Bhd ROA % Related Terms
Thank you for viewing the detailed overview of Mikro MSC Bhd's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mikro MSC Bhd is engaged in the research, development, and design of analogue, digital and computer-controlled electronic systems or devices for use in electrical, electronic and other industries and provision of technical and maintenance services. The company offers products and services, including combined overcurrent and earth fault relays; overcurrent relays; earth fault relays; earth leakage relays; earth leakage system; metering solutions; voltage relays; reverse power relay; power factor regulator; annunciator; motor protection relay, and capacitor and reactor. Geographically, it derives a majority of revenue from Malaysia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKLS:0112 has been successfully added to your 