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. Robert Walters's annualizedNet Income for the quarter that ended in Dec. 2023 was €19 Mil. Robert Walters's average total tangible assets for the quarter that ended in Dec. 2023 was €452 Mil. Therefore, Robert Walters's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 4.16%.
The historical rank and industry rank for Robert Walters's Return-on-Tangible-Asset or its related term are showing as below:
FRA:RBW'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.4 Med: 7.6 Max: 10.77
Current: 3.29
During the past 13 years, Robert Walters's highest Return-on-Tangible-Asset was 10.77%. The lowest was 1.40%. And the median was 7.60%.
FRA:RBW's Return-on-Tangible-Asset is ranked worse than 55.01% of 1078
companies
in the Business Services industry
Industry Median: 4.035
vs FRA:RBW: 3.29
Robert Walters Return-on-Tangible-Asset Historical Data
The historical data trend for Robert Walters'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.
Competitive Comparison of Robert Walters's Return-on-Tangible-Asset
For the Staffing & Employment Services subindustry, Robert Walters'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.
Robert Walters's Return-on-Tangible-Asset Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Robert Walters's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Robert Walters's Return-on-Tangible-Asset falls into.
Robert Walters Return-on-Tangible-Asset Calculation
Robert Walters's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:
* 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 (Dec. 2023) net income data.
Robert Walters (FRA:RBW) 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 companys 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 companys 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.
Robert Walters Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Robert Walters's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Robert Walters PLC is a specialist professional recruitment group. The company specialises in the placement of the highest calibre professionals across the disciplines of accountancy and finance, banking, engineering, HR, healthcare, IT, legal, sales, marketing, secretarial and support and supply chain, logistics and procurement. Its client base ranges from blue-chip corporates and financial services organisations to SMEs and start-ups. The Group's outsourcing division, Resource Solutions, is engaged in recruitment process outsourcing and managed services. Its geographical area of operation includes Asia Pacific, UK, Europe, and Other International. It generates the most of the revenue from the Asia Pacific.
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