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YDUQS Participacoes (BSP:YDUQ3) Return-on-Tangible-Asset : 10.29% (As of Mar. 2024)


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What is YDUQS Participacoes 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. YDUQS Participacoes's annualized Net Income for the quarter that ended in Mar. 2024 was R$602 Mil. YDUQS Participacoes's average total tangible assets for the quarter that ended in Mar. 2024 was R$5,853 Mil. Therefore, YDUQS Participacoes's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was 10.29%.

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

BSP:YDUQ3' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.99   Med: 14.79   Max: 24.38
Current: 2.57

During the past 13 years, YDUQS Participacoes's highest Return-on-Tangible-Asset was 24.38%. The lowest was -0.99%. And the median was 14.79%.

BSP:YDUQ3's Return-on-Tangible-Asset is ranked worse than
53.18% of 267 companies
in the Education industry
Industry Median: 3.23 vs BSP:YDUQ3: 2.57

YDUQS Participacoes Return-on-Tangible-Asset Historical Data

The historical data trend for YDUQS Participacoes'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.

YDUQS Participacoes Return-on-Tangible-Asset Chart

YDUQS Participacoes 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 19.61 1.97 2.54 -0.99 2.74

YDUQS Participacoes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.48 2.12 6.02 -8.14 10.29

Competitive Comparison of YDUQS Participacoes's Return-on-Tangible-Asset

For the Education & Training Services subindustry, YDUQS Participacoes'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.


YDUQS Participacoes's Return-on-Tangible-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, YDUQS Participacoes's Return-on-Tangible-Asset distribution charts can be found below:

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



YDUQS Participacoes Return-on-Tangible-Asset Calculation

YDUQS Participacoes'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 )
=152.344/( (5416.159+5691.314)/ 2 )
=152.344/5553.7365
=2.74 %

YDUQS Participacoes's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=601.968/( (5691.314+6014.409)/ 2 )
=601.968/5852.8615
=10.29 %

* 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 (Mar. 2024) net income data.


YDUQS Participacoes  (BSP:YDUQ3) 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.


YDUQS Participacoes Return-on-Tangible-Asset Related Terms

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YDUQS Participacoes (BSP:YDUQ3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Venezuela, 4200-Bloco 11, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22640102
YDUQS Participacoes SA is a Brazilian education company that focuses on postsecondary education. The company operates universities, colleges, and distance learning campuses across the country, with over 90 locations across 22 Brazilian states. It offers undergraduate, graduate, and professional designation programs to its students. Estacio Participacoes attracts middle- and lower-income workers across the country to its educational programs and enrolls over 500,000 students annually. Approximately 75% of enrollees study at the company's on-campus locations, which drive the majority of revenue for the company. Geographically, Estacio Participacoes operates the majority of its campuses around Rio de Janeiro.

YDUQS Participacoes (BSP:YDUQ3) Headlines

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