5Y Avg Return on Assets

5Y Avg Return on Assets is the average of the annual ROA number over the previous 5 financial years. ROA helps understand number of units of profit generated per unit of assets owned by the company, higher the number better the asset utilisation

Averaging historical ROA numbers reduces the number of data points that needs to be studied, as well as smooths the series of numbers and eliminates any distortion due to one off profit or loss