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Big C Supercenter PCL (Big C Supercenter PCL) Return-on-Tangible-Asset : 10.72% (As of Jun. 2017)


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What is Big C Supercenter PCL 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. Big C Supercenter PCL's annualized Net Income for the quarter that ended in Jun. 2017 was $189 Mil. Big C Supercenter PCL's average total tangible assets for the quarter that ended in Jun. 2017 was $1,765 Mil. Therefore, Big C Supercenter PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2017 was 10.72%.

The historical rank and industry rank for Big C Supercenter PCL's Return-on-Tangible-Asset or its related term are showing as below:

BGCUF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.2   Med: 10.25   Max: 11.08
Current: 9.56

During the past 13 years, Big C Supercenter PCL's highest Return-on-Tangible-Asset was 11.08%. The lowest was 8.20%. And the median was 10.25%.

BGCUF's Return-on-Tangible-Asset is not ranked
in the Retail - Cyclical industry.
Industry Median: 2.305 vs BGCUF: 9.56

Big C Supercenter PCL Return-on-Tangible-Asset Historical Data

The historical data trend for Big C Supercenter PCL'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.

Big C Supercenter PCL Return-on-Tangible-Asset Chart

Big C Supercenter PCL Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.12 10.65 10.52 9.94 10.49

Big C Supercenter PCL Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 14.13 10.11 7.25 10.36 10.72

Competitive Comparison of Big C Supercenter PCL's Return-on-Tangible-Asset

For the Department Stores subindustry, Big C Supercenter PCL'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.


Big C Supercenter PCL's Return-on-Tangible-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Big C Supercenter PCL's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Big C Supercenter PCL's Return-on-Tangible-Asset falls into.



Big C Supercenter PCL Return-on-Tangible-Asset Calculation

Big C Supercenter PCL's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2016 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=179.125/( (1691.309+1722.51)/ 2 )
=179.125/1706.9095
=10.49 %

Big C Supercenter PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2017 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=189.324/( (1759.183+1771.621)/ 2 )
=189.324/1765.402
=10.72 %

* 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 four times the quarterly (Jun. 2017) net income data.


Big C Supercenter PCL  (GREY:BGCUF) 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.


Big C Supercenter PCL Return-on-Tangible-Asset Related Terms

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Big C Supercenter PCL (Big C Supercenter PCL) Business Description

Traded in Other Exchanges
N/A
Address
Big C Supercenter PCL is an omnichannel retailer mainly located in Thailand. The company has both physical and online stores, and it also offers rental area. The tenants are diverse, including cinemas, kiosks, home-improvement stores, and food vendors. The stores have a variety of formats: hypermarkets targeting middle- to low-income and middle- to high-income customer segments, hybrid hypermarket/wholesale stores targeting wholesale and retail customers, supermarkets for the middle- to low-income customers, convenience stores, and drugstores. The online segment includes a "Happy Fresh" platform website for fresh food delivery, "Big C Shopping Online," and "Cdiscount.co.th", a pure e-commerce platform.

Big C Supercenter PCL (Big C Supercenter PCL) Headlines

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