KapStone Paper And Packaging (KapStone Paper And Packaging) Return-on-Tangible-Asset : 12.18% (As of Sep. 2018)

KapStone Paper And Packaging Return-on-Tangible-Asset Chart

KapStone Paper And Packaging Annual Data
	Trend	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17
Return-on-Tangible-Asset		Get a 7-Day Free Trial					8.93	8.79	5.21	3.91	10.72

KapStone Paper And Packaging Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Return-on-Tangible-Asset	Get a 7-Day Free Trial															5.13	32.31	5.66	9.03	12.18

Competitive Comparison of KapStone Paper And Packaging's Return-on-Tangible-Asset

For the Paper & Paper Products subindustry, KapStone Paper And Packaging'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.

KapStone Paper And Packaging's Return-on-Tangible-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, KapStone Paper And Packaging's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where KapStone Paper And Packaging's Return-on-Tangible-Asset falls into.

KapStone Paper And Packaging Return-on-Tangible-Asset Calculation

KapStone Paper And Packaging's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2017 is calculated as:

KapStone Paper And Packaging's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2018 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 four times the quarterly (Sep. 2018) net income data.

KapStone Paper And Packaging  (NYSE:KS) 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.

KapStone Paper And Packaging Return-on-Tangible-Asset Related Terms

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

KapStone Paper And Packaging (KapStone Paper And Packaging) Business Description