ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. United Plantation Berhad's annualizedNet Income for the quarter that ended in Mar. 2024 was kr773 Mil.
United Plantation Berhad's average Total Assets over the quarter that ended in Mar. 2024 was kr4,844 Mil. Therefore, United Plantation Berhad's annualized ROA % for the quarter that ended in Mar. 2024 was 15.96%.
The historical rank and industry rank for United Plantation Berhad's ROA % or its related term are showing as below:
OCSE:UPB'
s ROA % Range Over the Past 10 Years
Min: 9.81 Med: 13.31 Max: 21.81
Current: 21.81
During the past 13 years, United Plantation Berhad's highest ROA % was 21.81%. The lowest was 9.81%. And the median was 13.31%.
OCSE:UPB's ROA % is ranked better than 96.48% of 1906
companies
in the Consumer Packaged Goods industry
Industry Median: 3.005
vs OCSE:UPB: 21.81
* 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 United Plantation Berhad's ROA %
For the Farm Products subindustry, United Plantation Berhad'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.
United Plantation Berhad's ROA % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, United Plantation Berhad's ROA % distribution charts can be found below:
* The bar in red indicates where United Plantation Berhad's ROA % falls into.
United Plantation Berhad ROA % Calculation
United Plantation Berhad'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.
United Plantation Berhad (OCSE:UPB) 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 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.
United Plantation Berhad ROA % Related Terms
Thank you for viewing the detailed overview of United Plantation Berhad's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
United Plantation Berhad (OCSE:UPB) Business Description
United Plantation Berhad cultivates and processes palm oil, coconuts, and other plantation crops. Its subsidiaries process and manufacture palm oil until it is ready to be packaged and distributed to customers worldwide. It owns light railway to transport products from palm trees to a handful of mills located on its property. Coconuts can be sold at a young age for drinking purposes, or as mature nuts to help produce milk, powders, and other products. End products produced by the company include cooking oils, ready-to-eat oils, soaps, and specialty fats. The remaining waste water and discharge from mill operations are used to produce fertilizers or shipped to ponds where it can be purified and released to rivers and waterways.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
OCSE:UPB has been successfully added to your 