ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Van Lanschot Kempen NV's annualizedNet Income for the quarter that ended in Dec. 2023 was €146.8 Mil.
Van Lanschot Kempen NV's average Total Assets over the quarter that ended in Dec. 2023 was €16,151.0 Mil. Therefore, Van Lanschot Kempen NV's annualized ROA % for the quarter that ended in Dec. 2023 was 0.91%.
The historical rank and industry rank for Van Lanschot Kempen NV's ROA % or its related term are showing as below:
XAMS:VLK'
s ROA % Range Over the Past 10 Years
Min: 0.21 Med: 0.55 Max: 0.91
Current: 0.76
During the past 13 years, Van Lanschot Kempen NV's highest ROA % was 0.91%. The lowest was 0.21%. And the median was 0.55%.
XAMS:VLK's ROA % is ranked worse than 57.86% of 1464
companies
in the Banks industry
Industry Median: 0.89
vs XAMS:VLK: 0.76
* 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 Van Lanschot Kempen NV's ROA %
For the Banks - Regional subindustry, Van Lanschot Kempen NV'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.
Van Lanschot Kempen NV's ROA % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Van Lanschot Kempen NV's ROA % distribution charts can be found below:
* The bar in red indicates where Van Lanschot Kempen NV's ROA % falls into.
Van Lanschot Kempen NV ROA % Calculation
Van Lanschot Kempen NV'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 two times the semi-annual (Dec. 2023) net income data.
ROA % is displayed in the 30-year financial page.
Van Lanschot Kempen NV (XAMS:VLK) 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 two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-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.
Van Lanschot Kempen NV ROA % Related Terms
Thank you for viewing the detailed overview of Van Lanschot Kempen NV's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Van Lanschot Kempen NV (XAMS:VLK) Business Description
Van Lanschot Kempen NV is an independent wealth management bank operating primarily in the Netherlands. Its key areas of service include private banking, Evi, asset management, and merchant banking, which drive the vast majority of operating income. most of the bank's earning assets are loans and advances, a majority of which are mortgages. The bank seeks to differentiate itself from traditional competitors with its focus on niche markets and brand recognition. Private banking is the bank's largest core segment. Its private banking customers are mostly entrepreneurs, family businesses, business professionals, executives, and high-net-worth individuals. The most notable portion of the bank's corporate lending book is in the real estate industry.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XAMS:VLK has been successfully added to your 