ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Medalist Diversified REIT's annualizedNet Income for the quarter that ended in Mar. 2024 was $5.43 Mil.
Medalist Diversified REIT's average Total Assets over the quarter that ended in Mar. 2024 was $79.36 Mil. Therefore, Medalist Diversified REIT's annualized ROA % for the quarter that ended in Mar. 2024 was 6.84%.
The historical rank and industry rank for Medalist Diversified REIT's ROA % or its related term are showing as below:
MDRR'
s ROA % Range Over the Past 10 Years
Min: -10.07 Med: -5.29 Max: -2.12
Current: -2.4
During the past 8 years, Medalist Diversified REIT's highest ROA % was -2.12%. The lowest was -10.07%. And the median was -5.29%.
MDRR's ROA % is ranked worse than 82.71% of 798
companies
in the REITs industry
Industry Median: 2.195
vs MDRR: -2.40
* 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.
Competitive Comparison of Medalist Diversified REIT's ROA %
For the REIT - Diversified subindustry, Medalist Diversified REIT'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.
Medalist Diversified REIT's ROA % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Medalist Diversified REIT's ROA % distribution charts can be found below:
* The bar in red indicates where Medalist Diversified REIT's ROA % falls into.
Medalist Diversified REIT ROA % Calculation
Medalist Diversified REIT's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
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 banks 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:
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.
Medalist Diversified REIT ROA % Related Terms
Thank you for viewing the detailed overview of Medalist Diversified REIT's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Medalist Diversified REIT (Medalist Diversified REIT) Business Description
Medalist Diversified REIT Inc is engaged in the acquisition, reposition, renovation, leasing and managing of income-producing properties with a focus on commercial properties, including flex-industrial and retail properties, multi-family residential properties and hotel properties. The company operates as a UPREIT and owns properties through its subsidiary, Medalist Diversified Holdings, LP. Its principal objectives include sourcing value-add Investments in markets in which it maintains deep industry relationships and local market knowledge and the creation of value for stockholders by utilizing its relationships and local knowledge of commercial real estate investment, management and disposition.
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