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Planner Corretora De Valores (BSP:GSFI11) ROA % : 1.25% (As of Dec. 2023)


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What is Planner Corretora De Valores ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Planner Corretora De Valores's annualized Net Income for the quarter that ended in Dec. 2023 was R$22.47 Mil. Planner Corretora De Valores's average Total Assets over the quarter that ended in Dec. 2023 was R$1,792.96 Mil. Therefore, Planner Corretora De Valores's annualized ROA % for the quarter that ended in Dec. 2023 was 1.25%.

The historical rank and industry rank for Planner Corretora De Valores's ROA % or its related term are showing as below:

BSP:GSFI11' s ROA % Range Over the Past 10 Years
Min: -1.78   Med: 3.13   Max: 22.55
Current: 1.25

During the past 5 years, Planner Corretora De Valores's highest ROA % was 22.55%. The lowest was -1.78%. And the median was 3.13%.

BSP:GSFI11's ROA % is ranked worse than
52.29% of 807 companies
in the Capital Markets industry
Industry Median: 1.39 vs BSP:GSFI11: 1.25

Planner Corretora De Valores ROA % Historical Data

The historical data trend for Planner Corretora De Valores'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.

Planner Corretora De Valores ROA % Chart

Planner Corretora De Valores Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
22.55 11.08 -1.78 3.13 1.25

Planner Corretora De Valores Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
ROA % 22.55 11.08 -1.78 3.13 1.25

Competitive Comparison of Planner Corretora De Valores's ROA %

For the Capital Markets subindustry, Planner Corretora De Valores'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.


Planner Corretora De Valores's ROA % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Planner Corretora De Valores's ROA % distribution charts can be found below:

* The bar in red indicates where Planner Corretora De Valores's ROA % falls into.



Planner Corretora De Valores ROA % Calculation

Planner Corretora De Valores'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 )
=22.473/( (1793.862+1792.056)/ 2 )
=22.473/1792.959
=1.25 %

Planner Corretora De Valores's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=22.473/( (1793.862+1792.056)/ 2 )
=22.473/1792.959
=1.25 %

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


Planner Corretora De Valores  (BSP:GSFI11) 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
=22.473/1792.959
=(Net Income / Revenue)*(Revenue / Total Assets)
=(22.473 / 37.543)*(37.543 / 1792.959)
=Net Margin %*Asset Turnover
=59.86 %*0.0209
=1.25 %

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


Planner Corretora De Valores ROA % Related Terms

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Planner Corretora De Valores (BSP:GSFI11) Business Description

Traded in Other Exchanges
N/A
Address
Av. Brigadeiro Faria Lima, 3900, 10th Floor, Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Planner Corretora de Valores SA operates as a stock broker. It offers a complete set of products and services for the Brazilian and international markets such as resource management, trust administration, distribution of funds / securities, bookkeeping, controlling, custody, trustee, research, exchange and investment banking.

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