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IMPACT Growth Real Estate Investment Trust (BKK:IMPACT) ROA % : 2.78% (As of Mar. 2024)


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What is IMPACT Growth Real Estate Investment Trust ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. IMPACT Growth Real Estate Investment Trust's annualized Net Income for the quarter that ended in Mar. 2024 was ฿577 Mil. IMPACT Growth Real Estate Investment Trust's average Total Assets over the quarter that ended in Mar. 2024 was ฿20,715 Mil. Therefore, IMPACT Growth Real Estate Investment Trust's annualized ROA % for the quarter that ended in Mar. 2024 was 2.78%.

The historical rank and industry rank for IMPACT Growth Real Estate Investment Trust's ROA % or its related term are showing as below:

BKK:IMPACT' s ROA % Range Over the Past 10 Years
Min: 0.79   Med: 4.87   Max: 6.37
Current: 4.15

During the past 10 years, IMPACT Growth Real Estate Investment Trust's highest ROA % was 6.37%. The lowest was 0.79%. And the median was 4.87%.

BKK:IMPACT's ROA % is ranked better than
70.59% of 799 companies
in the REITs industry
Industry Median: 2.2 vs BKK:IMPACT: 4.15

IMPACT Growth Real Estate Investment Trust ROA % Historical Data

The historical data trend for IMPACT Growth Real Estate Investment Trust'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.

IMPACT Growth Real Estate Investment Trust ROA % Chart

IMPACT Growth Real Estate Investment Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.02 2.20 0.79 4.70 4.14

IMPACT Growth Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.05 4.19 3.19 6.43 2.78

Competitive Comparison of IMPACT Growth Real Estate Investment Trust's ROA %

For the REIT - Specialty subindustry, IMPACT Growth Real Estate Investment Trust'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.


IMPACT Growth Real Estate Investment Trust's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, IMPACT Growth Real Estate Investment Trust's ROA % distribution charts can be found below:

* The bar in red indicates where IMPACT Growth Real Estate Investment Trust's ROA % falls into.



IMPACT Growth Real Estate Investment Trust ROA % Calculation

IMPACT Growth Real Estate Investment Trust's annualized ROA % for the fiscal year that ended in Mar. 2024 is calculated as:

ROA %=Net Income (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=854.251/( (20602.083+20710.867)/ 2 )
=854.251/20656.475
=4.14 %

IMPACT Growth Real Estate Investment Trust's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=576.82/( (20719.477+20710.867)/ 2 )
=576.82/20715.172
=2.78 %

* 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.


IMPACT Growth Real Estate Investment Trust  (BKK:IMPACT) 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: Mar. 2024 )
=Net Income/Total Assets
=576.82/20715.172
=(Net Income / Revenue)*(Revenue / Total Assets)
=(576.82 / 1332.368)*(1332.368 / 20715.172)
=Net Margin %*Asset Turnover
=43.29 %*0.0643
=2.78 %

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.


IMPACT Growth Real Estate Investment Trust ROA % Related Terms

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IMPACT Growth Real Estate Investment Trust (BKK:IMPACT) Business Description

Traded in Other Exchanges
N/A
Address
New Geneva Industry Condominium Popular Road 3, No. 47/569-576 Moo 3, Floor 10, Banmai Subdistrict,Pakkred District, Nonthaburi, THA, 11120
IMPACT Growth Real Estate Investment Trust is a real estate investment trust that owns, operates, and manages facilities and utility systems that make up the Impact Muang Thong Thani complex in Thailand. The Impact Muang Thong Thani is an exhibition and convention center venue in Asia. Collectively, it contains the Impact Arena, Impact Exhibition Center, and Impact Forum. Impact Growth REIT's properties host a variety of tenants, including public sector, private sector, and international private-sector entities. The real estate investment trust derives the vast majority of its revenue from renting out the massive venue to clients hosting events. The remainder of its income comes from media fees, long-term rentals, and parking income from the convention center.

IMPACT Growth Real Estate Investment Trust (BKK:IMPACT) Headlines

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