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Casino Guichard-Perrachon (LTS:0HB1) Return-on-Tangible-Asset

: -43.41% (As of Dec. 2023)
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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. Casino Guichard-Perrachon's annualized Net Income for the quarter that ended in Dec. 2023 was €-6,860 Mil. Casino Guichard-Perrachon's average total tangible assets for the quarter that ended in Dec. 2023 was €15,801 Mil. Therefore, Casino Guichard-Perrachon's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was -43.41%.

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

LTS:0HB1' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -31.52   Med: -0.91   Max: 9.71
Current: -31.52

During the past 13 years, Casino Guichard-Perrachon's highest Return-on-Tangible-Asset was 9.71%. The lowest was -31.52%. And the median was -0.91%.

LTS:0HB1's Return-on-Tangible-Asset is ranked worse than
95.54% of 314 companies
in the Retail - Defensive industry
Industry Median: 3.77 vs LTS:0HB1: -31.52

Casino Guichard-Perrachon Return-on-Tangible-Asset Historical Data

The historical data trend for Casino Guichard-Perrachon'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.

Casino Guichard-Perrachon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.93 -3.71 -2.47 -1.44 -30.19

Casino Guichard-Perrachon 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 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 Premium Member Only Premium Member Only Premium Member Only -3.01 -2.31 -0.50 -23.08 -43.41

Competitive Comparison

For the Grocery Stores subindustry, Casino Guichard-Perrachon'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.


Casino Guichard-Perrachon Return-on-Tangible-Asset Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Casino Guichard-Perrachon's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Casino Guichard-Perrachon's Return-on-Tangible-Asset falls into.



Casino Guichard-Perrachon Return-on-Tangible-Asset Calculation

Casino Guichard-Perrachon'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 )
=-5661/( (22286+15215)/ 2 )
=-5661/18750.5
=-30.19 %

Casino Guichard-Perrachon'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 )
=-6860/( (16387+15215)/ 2 )
=-6860/15801
=-43.41 %

* 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.


Casino Guichard-Perrachon  (LTS:0HB1) 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.


Casino Guichard-Perrachon Return-on-Tangible-Asset Related Terms

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Casino Guichard-Perrachon (LTS:0HB1) Business Description

Traded in Other Exchanges
Address
No. 1, Cours Antoine Guichard, Saint-Etienne, FRA, 42008
Casino Guichard-Perrachon SA is a multiformat retailer with a focused exposure on France and Latin America. The Group's reportable segments are as follows: 1) France Retail segment comprising retail operating segments (mainly the Casino, Monoprix and Franprix sub-group banners); 2) GPA segment comprising the retail operations of GPA's food banners in Brazil; 3) Assaí segment comprising the retail operations of the Assaí food chain in Brazil; 4) Exito segment comprising the food retail operations of the Exito, Disco - Devoto and Libertad sub-group banners in Colombia, Uruguay and Argentina, respectively; 5) E-commerce segment comprising Cdiscount and the Cnova NV holding company.

Casino Guichard-Perrachon (LTS:0HB1) Headlines

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