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BDRFY (Beiersdorf AG) Return-on-Tangible-Asset : 9.55% (As of Jun. 2024)


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What is Beiersdorf AG Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Beiersdorf AG's annualized Net Income for the quarter that ended in Jun. 2024 was $1,253 Mil. Beiersdorf AG's average total tangible assets for the quarter that ended in Jun. 2024 was $13,114 Mil. Therefore, Beiersdorf AG's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was 9.55%.

The historical rank and industry rank for Beiersdorf AG's Return-on-Tangible-Asset or its related term are showing as below:

BDRFY' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.85   Med: 8.29   Max: 10.18
Current: 6.16

During the past 13 years, Beiersdorf AG's highest Return-on-Tangible-Asset was 10.18%. The lowest was 5.85%. And the median was 8.29%.

BDRFY's Return-on-Tangible-Asset is ranked better than
65.89% of 1929 companies
in the Consumer Packaged Goods industry
Industry Median: 3.52 vs BDRFY: 6.16

Beiersdorf AG Return-on-Tangible-Asset Historical Data

The historical data trend for Beiersdorf AG's Return-on-Tangible-Asset 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.

Beiersdorf AG Return-on-Tangible-Asset Chart

Beiersdorf AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.83 6.12 6.03 6.65 6.51

Beiersdorf AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Return-on-Tangible-Asset 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 8.69 4.63 10.22 2.68 9.55

Competitive Comparison of Beiersdorf AG's Return-on-Tangible-Asset

For the Household & Personal Products subindustry, Beiersdorf AG's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Beiersdorf AG's Return-on-Tangible-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Beiersdorf AG's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Beiersdorf AG's Return-on-Tangible-Asset falls into.



Beiersdorf AG Return-on-Tangible-Asset Calculation

Beiersdorf AG's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=802.617/( (11903.601+12749.182)/ 2 )
=802.617/12326.3915
=6.51 %

Beiersdorf AG's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=1252.96/( (12749.182+13477.934)/ 2 )
=1252.96/13113.558
=9.55 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Jun. 2024) net income data.


Beiersdorf AG  (OTCPK:BDRFY) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset 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. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Beiersdorf AG Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Beiersdorf AG's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Beiersdorf AG Business Description

Address
Unnastrasse 48, Hamburg, DEU, 22529
Beiersdorf is a Germany-based company that produces personal care products, with a focus on manufacturing cosmetic products. The company operates through two business segments. Consumer provides skincare and beauty care products and operates portfolio brands such as Nivea, Eucerin, La Prairie, Labello, Hansaplast, Elastoplast, and Florena. The other business segment markets self-adhesive system and product solutions, primarily for industrial customers, under the Tesa brand. Beiersdorf is majority-owned by Maxingvest.

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