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Eurazeo SE (Eurazeo SE) Return-on-Tangible-Asset : 0.59% (As of Dec. 2023)


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What is Eurazeo SE 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. Eurazeo SE's annualized Net Income for the quarter that ended in Dec. 2023 was $59.3 Mil. Eurazeo SE's average total tangible assets for the quarter that ended in Dec. 2023 was $10,118.6 Mil. Therefore, Eurazeo SE's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 0.59%.

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

EUZOF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.93   Med: 6.01   Max: 18.16
Current: 18.16

During the past 13 years, Eurazeo SE's highest Return-on-Tangible-Asset was 18.16%. The lowest was -1.93%. And the median was 6.01%.

EUZOF's Return-on-Tangible-Asset is ranked better than
91.2% of 1716 companies
in the Asset Management industry
Industry Median: 2.715 vs EUZOF: 18.16

Eurazeo SE Return-on-Tangible-Asset Historical Data

The historical data trend for Eurazeo SE'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.

Eurazeo SE Return-on-Tangible-Asset Chart

Eurazeo SE 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 1.50 -2.01 15.70 5.20 17.69

Eurazeo SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 20.08 -1.67 11.98 35.17 0.59

Competitive Comparison of Eurazeo SE's Return-on-Tangible-Asset

For the Asset Management subindustry, Eurazeo SE'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.


Eurazeo SE's Return-on-Tangible-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eurazeo SE's Return-on-Tangible-Asset distribution charts can be found below:

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



Eurazeo SE Return-on-Tangible-Asset Calculation

Eurazeo SE'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 )
=1989.441/( (12199.482+10294.461)/ 2 )
=1989.441/11246.9715
=17.69 %

Eurazeo SE's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=59.306/( (9942.698+10294.461)/ 2 )
=59.306/10118.5795
=0.59 %

* 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.


Eurazeo SE  (OTCPK:EUZOF) 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.


Eurazeo SE Return-on-Tangible-Asset Related Terms

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


Eurazeo SE (Eurazeo SE) Business Description

Traded in Other Exchanges
Address
1, Rue Georges Berger, 17th District, Paris, FRA, 75017
Eurazeo SE is an investment holding company operating as a conglomerate of four private equity segments. The company makes investments across a diverse array of industries and asset sizes, mostly in Europe. Eurazeo Capital, the company's greatest revenue contributor, makes investments in medium and large-sized companies above a certain asset threshold. Its other divisions consist of investments in small- and medium-sized companies, provide growth capital to smaller-sized enterprises, and make investments in real assets. The company is increasingly expanding into the Chinese, Brazilian, and American markets. Eurazeo measures performance by changes in net asset value.