What is The Chefs' Warehouse 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. The Chefs' Warehouse's annualizedNet Income for the quarter that ended in Dec. 2023 was $64 Mil. The Chefs' Warehouse's average total tangible assets for the quarter that ended in Dec. 2023 was $1,139 Mil. Therefore, The Chefs' Warehouse's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 5.62%.
The historical rank and industry rank for The Chefs' Warehouse's Return-on-Tangible-Asset or its related term are showing as below:
CHEF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.51 Med: 3.6 Max: 6.2
Current: 3.13
During the past 13 years, The Chefs' Warehouse's highest Return-on-Tangible-Asset was 6.20%. The lowest was -12.51%. And the median was 3.60%.
CHEF's Return-on-Tangible-Asset is ranked worse than 55.56% of 315
companies
in the Retail - Defensive industry
Industry Median: 3.75
vs CHEF: 3.13
The Chefs' Warehouse Return-on-Tangible-Asset Historical Data
The historical data trend for The Chefs' Warehouse'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.
The Chefs' Warehouse Return-on-Tangible-Asset Chart
Competitive Comparison of The Chefs' Warehouse's Return-on-Tangible-Asset
For the Food Distribution subindustry, The Chefs' Warehouse'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.
The Chefs' Warehouse's Return-on-Tangible-Asset Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, The Chefs' Warehouse's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where The Chefs' Warehouse's Return-on-Tangible-Asset falls into.
The Chefs' Warehouse Return-on-Tangible-Asset Calculation
The Chefs' Warehouse'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 four times the quarterly (Dec. 2023) net income data.
The Chefs' Warehouse (NAS:CHEF) 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.
The Chefs' Warehouse Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of The Chefs' Warehouse's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
The Chefs' Warehouse (The Chefs' Warehouse) Business Description
The Chefs' Warehouse Inc is a specialty food distributor in major metropolitan areas across the United States and Canada. The company's product portfolio is primarily comprised of imported and local specialty food products such as cheese, cooking oils, chocolates, dried food, baking products, meats, and other food products. The Chefs' Warehouse operates via one reporting segment called Food Product Distribution. Operations are concentrated on the east, mid and west coasts of the U.S. The company provides service primarily to restaurants, clubs, hotels, caterers, schools, bakeries, casinos and speciality food stores.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CHEF has been successfully added to your 