GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Pan Pacific International Holdings Corp (OTCPK:DQJCY) » Definitions » Return-on-Tangible-Asset

DQJCY (Pan Pacific International Holdings) Return-on-Tangible-Asset : 4.68% (As of Jun. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Pan Pacific International Holdings 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. Pan Pacific International Holdings's annualized Net Income for the quarter that ended in Jun. 2024 was $421 Mil. Pan Pacific International Holdings's average total tangible assets for the quarter that ended in Jun. 2024 was $8,997 Mil. Therefore, Pan Pacific International Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was 4.68%.

The historical rank and industry rank for Pan Pacific International Holdings's Return-on-Tangible-Asset or its related term are showing as below:

DQJCY' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.99   Med: 4.88   Max: 6.36
Current: 6.36

During the past 13 years, Pan Pacific International Holdings's highest Return-on-Tangible-Asset was 6.36%. The lowest was 3.99%. And the median was 4.88%.

DQJCY's Return-on-Tangible-Asset is ranked better than
67.1% of 310 companies
in the Retail - Defensive industry
Industry Median: 4.305 vs DQJCY: 6.36

Pan Pacific International Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for Pan Pacific International Holdings'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.

Pan Pacific International Holdings Return-on-Tangible-Asset Chart

Pan Pacific International Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 4.16 4.32 4.79 6.00

Pan Pacific International Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.16 6.89 6.81 6.75 4.68

Competitive Comparison of Pan Pacific International Holdings's Return-on-Tangible-Asset

For the Discount Stores subindustry, Pan Pacific International Holdings'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.


Pan Pacific International Holdings's Return-on-Tangible-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Pan Pacific International Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Pan Pacific International Holdings's Return-on-Tangible-Asset falls into.



Pan Pacific International Holdings Return-on-Tangible-Asset Calculation

Pan Pacific International Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=561.897/( (9851.066+8892.455)/ 2 )
=561.897/9371.7605
=6.00 %

Pan Pacific International Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=421.132/( (9102.215+8892.455)/ 2 )
=421.132/8997.335
=4.68 %

* 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. 2024) net income data.


Pan Pacific International Holdings  (OTCPK:DQJCY) 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.


Pan Pacific International Holdings Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Pan Pacific International Holdings's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Pan Pacific International Holdings Business Description

Traded in Other Exchanges
Address
2-19-10 Aobadai, Meguro-ku, Tokyo, JPN, 153-0042
Pan Pacific International Holdings is a leading operator of discount stores and general merchandise stores primarily in Japan, operating 619 stores as of mid-2024 nationally. It offers a wide range of products from packaged food, cosmetics, and household products to consumer electronics. The primary store formats include the Don Quijote discount stores, Mega Donki format, and general merchandise stores operated under FamilyMart Uny. Overseas operations concentrate on North America and Southeast Asia. The group has acquired small supermarket chains in Hawaii and California in the US and also accelerated store expansion across Singapore and Hong Kong.

Pan Pacific International Holdings Headlines

No Headlines