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Zambeef Products (LUS:ZAMBEEF) ROA % : -4.38% (As of Sep. 2022)


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What is Zambeef Products ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Zambeef Products's annualized Net Income for the quarter that ended in Sep. 2022 was ZMW-247 Mil. Zambeef Products's average Total Assets over the quarter that ended in Sep. 2022 was ZMW5,629 Mil. Therefore, Zambeef Products's annualized ROA % for the quarter that ended in Sep. 2022 was -4.38%.

The historical rank and industry rank for Zambeef Products's ROA % or its related term are showing as below:

LUS:ZAMBEEF' s ROA % Range Over the Past 10 Years
Min: -4.29   Med: 0.39   Max: 4.26
Current: 0.44

During the past 13 years, Zambeef Products's highest ROA % was 4.26%. The lowest was -4.29%. And the median was 0.39%.

LUS:ZAMBEEF's ROA % is ranked worse than
69.15% of 1906 companies
in the Consumer Packaged Goods industry
Industry Median: 3.005 vs LUS:ZAMBEEF: 0.44

Zambeef Products ROA % Historical Data

The historical data trend for Zambeef Products'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.

Zambeef Products ROA % Chart

Zambeef Products Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 -2.38 3.15 0.52 1.77

Zambeef Products Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Sep23
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 1.90 4.80 5.51 -4.38 -

Competitive Comparison of Zambeef Products's ROA %

For the Packaged Foods subindustry, Zambeef Products'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.


Zambeef Products's ROA % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zambeef Products's ROA % distribution charts can be found below:

* The bar in red indicates where Zambeef Products's ROA % falls into.



Zambeef Products ROA % Calculation

Zambeef Products's annualized ROA % for the fiscal year that ended in Sep. 2023 is calculated as:

ROA %=Net Income (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=118.612/( (5674.951+7704.368)/ 2 )
=118.612/6689.6595
=1.77 %

Zambeef Products's annualized ROA % for the quarter that ended in Sep. 2022 is calculated as:

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=-246.694/( (5582.114+5674.951)/ 2 )
=-246.694/5628.5325
=-4.38 %

* 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 (Sep. 2022) net income data. ROA % is displayed in the 30-year financial page.


Zambeef Products  (LUS:ZAMBEEF) 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: Sep. 2022 )
=Net Income/Total Assets
=-246.694/5628.5325
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-246.694 / 5450.852)*(5450.852 / 5628.5325)
=Net Margin %*Asset Turnover
=-4.53 %*0.9684
=-4.38 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2022) net income data. The Revenue data used here is two times the semi-annual (Sep. 2022) 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.


Zambeef Products ROA % Related Terms

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Zambeef Products (LUS:ZAMBEEF) Business Description

Traded in Other Exchanges
Address
Manda Road, Plot 4970, Industrial Area, Lusaka, ZMB
Zambeef Products PLC is a food retailer engaged in the production, processing, distribution, and retailing of beef, chicken, pork, milk, dairy products, eggs, stockfeed, and flour. The company also has row cropping operations of maize, soya beans, and wheat crops under irrigation. The company's reportable segment includes Retailing and cold chain food products and Cropping and milling. The majority of the revenue for the company is generated from its cropping and milling segment which is involved in selling of sells wheat, soya and maize grain as well as flour mill and bread.

Zambeef Products (LUS:ZAMBEEF) Headlines

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