ALS alesco corporation limited
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That's not how you calc ROA.It's Profit/Assets.Based on HY08...

  1. BuyandHold
    393 Posts.
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    23/06/08
    10:06
    Post #: 3893683
    That's not how you calc ROA.

    It's Profit/Assets.

    Based on HY08 numbers 31M/1.162B

    Double to guesstimate full year.

    ROA = 5.4%

    ROA is not as meaningful as ROE, it is not comparable across industries. For example finanical institutions will have very low ROA (1 - 2% is not unusual). It is only useful for comparing companies in the same sector with comparable levels of debt.
    ALS Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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