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DOMEC Compania de Artefactos Domesticos I C y F (BUE:DOME) ROA % : 16.54% (As of Jan. 2024)


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What is DOMEC Compania de Artefactos Domesticos I C y F ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. DOMEC Compania de Artefactos Domesticos I C y F's annualized Net Income for the quarter that ended in Jan. 2024 was ARS809 Mil. DOMEC Compania de Artefactos Domesticos I C y F's average Total Assets over the quarter that ended in Jan. 2024 was ARS4,892 Mil. Therefore, DOMEC Compania de Artefactos Domesticos I C y F's annualized ROA % for the quarter that ended in Jan. 2024 was 16.54%.

The historical rank and industry rank for DOMEC Compania de Artefactos Domesticos I C y F's ROA % or its related term are showing as below:

BUE:DOME' s ROA % Range Over the Past 10 Years
Min: -14.61   Med: 1.4   Max: 14.99
Current: 14.99

During the past 13 years, DOMEC Compania de Artefactos Domesticos I C y F's highest ROA % was 14.99%. The lowest was -14.61%. And the median was 1.40%.

BUE:DOME's ROA % is ranked better than
96.2% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.07 vs BUE:DOME: 14.99

DOMEC Compania de Artefactos Domesticos I C y F ROA % Historical Data

The historical data trend for DOMEC Compania de Artefactos Domesticos I C y F'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.

DOMEC Compania de Artefactos Domesticos I C y F ROA % Chart

DOMEC Compania de Artefactos Domesticos I C y F Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.61 -0.01 10.13 -0.96 -8.87

DOMEC Compania de Artefactos Domesticos I C y F Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.40 43.37 -2.57 11.76 16.54

Competitive Comparison of DOMEC Compania de Artefactos Domesticos I C y F's ROA %

For the Furnishings, Fixtures & Appliances subindustry, DOMEC Compania de Artefactos Domesticos I C y F'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.


DOMEC Compania de Artefactos Domesticos I C y F's ROA % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, DOMEC Compania de Artefactos Domesticos I C y F's ROA % distribution charts can be found below:

* The bar in red indicates where DOMEC Compania de Artefactos Domesticos I C y F's ROA % falls into.



DOMEC Compania de Artefactos Domesticos I C y F ROA % Calculation

DOMEC Compania de Artefactos Domesticos I C y F's annualized ROA % for the fiscal year that ended in Apr. 2023 is calculated as:

ROA %=Net Income (A: Apr. 2023 )/( (Total Assets (A: Apr. 2022 )+Total Assets (A: Apr. 2023 ))/ count )
=-191.583/( (2316.096+2002.809)/ 2 )
=-191.583/2159.4525
=-8.87 %

DOMEC Compania de Artefactos Domesticos I C y F's annualized ROA % for the quarter that ended in Jan. 2024 is calculated as:

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=808.876/( (3799.433+5983.983)/ 2 )
=808.876/4891.708
=16.54 %

* 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 (Jan. 2024) net income data. ROA % is displayed in the 30-year financial page.


DOMEC Compania de Artefactos Domesticos I C y F  (BUE:DOME) 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: Jan. 2024 )
=Net Income/Total Assets
=808.876/4891.708
=(Net Income / Revenue)*(Revenue / Total Assets)
=(808.876 / 7603.38)*(7603.38 / 4891.708)
=Net Margin %*Asset Turnover
=10.64 %*1.5543
=16.54 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 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.


DOMEC Compania de Artefactos Domesticos I C y F ROA % Related Terms

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DOMEC Compania de Artefactos Domesticos I C y F (BUE:DOME) Business Description

Traded in Other Exchanges
N/A
Address
Piso: 15, Suipacha 111, Buenos Aires, ARG
DOMEC Compania de Artefactos Domesticos SA I C y F manufactures and markets Electric housewares, refrigeration and gas appliances. Its products portfolio includes boilers, water heaters, gas stoves and ovens, air purifiers,hoods, refrigerators and freezers, among others.

DOMEC Compania de Artefactos Domesticos I C y F (BUE:DOME) Headlines

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