GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Inversiones Siemel SA (XSGO:SIEMEL) » Definitions » ROA %

Inversiones Siemel (XSGO:SIEMEL) ROA % : -0.42% (As of Dec. 2023)


View and export this data going back to 1982. Start your Free Trial

What is Inversiones Siemel ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Inversiones Siemel's annualized Net Income for the quarter that ended in Dec. 2023 was CLP-1,685 Mil. Inversiones Siemel's average Total Assets over the quarter that ended in Dec. 2023 was CLP396,855 Mil. Therefore, Inversiones Siemel's annualized ROA % for the quarter that ended in Dec. 2023 was -0.42%.

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

XSGO:SIEMEL' s ROA % Range Over the Past 10 Years
Min: -0.22   Med: 3.61   Max: 16.11
Current: 3.58

During the past 13 years, Inversiones Siemel's highest ROA % was 16.11%. The lowest was -0.22%. And the median was 3.61%.

XSGO:SIEMEL's ROA % is ranked better than
62.78% of 532 companies
in the Conglomerates industry
Industry Median: 2.425 vs XSGO:SIEMEL: 3.58

Inversiones Siemel ROA % Historical Data

The historical data trend for Inversiones Siemel'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.

Inversiones Siemel ROA % Chart

Inversiones Siemel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.40 -0.22 4.83 10.46 3.56

Inversiones Siemel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.52 5.53 6.36 3.16 -0.42

Competitive Comparison of Inversiones Siemel's ROA %

For the Conglomerates subindustry, Inversiones Siemel'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.


Inversiones Siemel's ROA % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Inversiones Siemel's ROA % distribution charts can be found below:

* The bar in red indicates where Inversiones Siemel's ROA % falls into.



Inversiones Siemel ROA % Calculation

Inversiones Siemel's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=13572.595/( (362010.585+399550.154)/ 2 )
=13572.595/380780.3695
=3.56 %

Inversiones Siemel's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-1684.5/( (394159.038+399550.154)/ 2 )
=-1684.5/396854.596
=-0.42 %

* 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 (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Inversiones Siemel  (XSGO:SIEMEL) 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: Dec. 2023 )
=Net Income/Total Assets
=-1684.5/396854.596
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1684.5 / 68680.028)*(68680.028 / 396854.596)
=Net Margin %*Asset Turnover
=-2.45 %*0.1731
=-0.42 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (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.


Inversiones Siemel ROA % Related Terms

Thank you for viewing the detailed overview of Inversiones Siemel's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Inversiones Siemel (XSGO:SIEMEL) Business Description

Traded in Other Exchanges
N/A
Address
Avenue El Golf 150, 21st floor, Las Condes, Santiago, CHL
Inversiones Siemel SA is an investment company. Through its subsidiaries and affiliates, invests in insurance, financial services, real estate, agribusiness, and information technology sectors in South America. It mainly focuses on agroindustrial and agricultural, information technology sector investments.

Inversiones Siemel (XSGO:SIEMEL) Headlines

No Headlines