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Media Investment Optimization (XMAD:MIO) ROA % : -15.15% (As of Dec. 2023)


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What is Media Investment Optimization ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Media Investment Optimization's annualized Net Income for the quarter that ended in Dec. 2023 was €-5.42 Mil. Media Investment Optimization's average Total Assets over the quarter that ended in Dec. 2023 was €35.81 Mil. Therefore, Media Investment Optimization's annualized ROA % for the quarter that ended in Dec. 2023 was -15.15%.

The historical rank and industry rank for Media Investment Optimization's ROA % or its related term are showing as below:

XMAD:MIO' s ROA % Range Over the Past 10 Years
Min: -9.4   Med: 2.97   Max: 4.23
Current: -9.35

During the past 4 years, Media Investment Optimization's highest ROA % was 4.23%. The lowest was -9.40%. And the median was 2.97%.

XMAD:MIO's ROA % is not ranked
in the Media - Diversified industry.
Industry Median: 0.76 vs XMAD:MIO: -9.35

Media Investment Optimization ROA % Historical Data

The historical data trend for Media Investment Optimization'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.

Media Investment Optimization ROA % Chart

Media Investment Optimization Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROA %
3.17 4.23 2.76 -9.40

Media Investment Optimization Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
ROA % Get a 7-Day Free Trial - 3.86 1.81 -3.62 -15.15

Competitive Comparison of Media Investment Optimization's ROA %

For the Advertising Agencies subindustry, Media Investment Optimization'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.


Media Investment Optimization's ROA % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Media Investment Optimization's ROA % distribution charts can be found below:

* The bar in red indicates where Media Investment Optimization's ROA % falls into.



Media Investment Optimization ROA % Calculation

Media Investment Optimization's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-3.374/( (36.656+35.165)/ 2 )
=-3.374/35.9105
=-9.40 %

Media Investment Optimization'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 )
=-5.424/( (36.452+35.165)/ 2 )
=-5.424/35.8085
=-15.15 %

* 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.


Media Investment Optimization  (XMAD:MIO) 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
=-5.424/35.8085
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.424 / 58.38)*(58.38 / 35.8085)
=Net Margin %*Asset Turnover
=-9.29 %*1.6303
=-15.15 %

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.


Media Investment Optimization ROA % Related Terms

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Media Investment Optimization (XMAD:MIO) Business Description

Traded in Other Exchanges
N/A
Address
Paseo Castellana 95 Pl 24, Torre Europa Building, Madrid, ESP, 28046
Media Investment Optimization SA is a consultancy company in the integration of marketing services and digital transformation, oriented to provide an impact on the income statement of its clients, through the use of technology. It is made up of different companies specialized in the fields of marketing and advertising: creativity, media buying, data analytics, social media, web development, marketing automation and technology.

Media Investment Optimization (XMAD:MIO) Headlines

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