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Origin Enterprises Return-on-Tangible-Asset

: 0.85% (As of Jan. 2022)
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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. Origin Enterprises's annualized Net Income for the quarter that ended in Jan. 2022 was $10 Mil. Origin Enterprises's average total tangible assets for the quarter that ended in Jan. 2022 was $1,233 Mil. Therefore, Origin Enterprises's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2022 was 0.85%.

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

ORENF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.96   Med: 6.12   Max: 9.65
Current: 4.86

During the past 13 years, Origin Enterprises's highest Return-on-Tangible-Asset was 9.65%. The lowest was 1.96%. And the median was 6.12%.

ORENF's Return-on-Tangible-Asset is ranked better than
57.7% of 1837 companies
in the Consumer Packaged Goods industry
Industry Median: 3.70 vs ORENF: 4.86

Origin Enterprises Return-on-Tangible-Asset Historical Data

The historical data trend for Origin Enterprises'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.

Origin Enterprises Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Return-on-Tangible-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.17 6.13 5.11 1.98 3.79

Origin Enterprises Semi-Annual Data
Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22
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 -1.95 6.36 -1.27 9.05 0.85

Competitive Comparison

For the Farm Products subindustry, Origin Enterprises'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.

   

Origin Enterprises Return-on-Tangible-Asset Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Origin Enterprises's Return-on-Tangible-Asset distribution charts can be found below:

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



Origin Enterprises Return-on-Tangible-Asset Calculation

Origin Enterprises's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jul. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jul. 2021 )  (A: Jul. 2020 )(A: Jul. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jul. 2021 )  (A: Jul. 2020 )(A: Jul. 2021 )
=45.191489361702/( (1145.3137931034+1240.3593380615)/ 2 )
=45.191489361702/1192.8365655825
=3.79 %

Origin Enterprises's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2022 )  (Q: Jul. 2021 )(Q: Jan. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2022 )  (Q: Jul. 2021 )(Q: Jan. 2022 )
=10.463800904977/( (1240.3593380615+1226.4457013575)/ 2 )
=10.463800904977/1233.4025197095
=0.85 %

* 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 (Jan. 2022) net income data.


Origin Enterprises  (OTCPK:ORENF) 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.


Origin Enterprises Return-on-Tangible-Asset Related Terms

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


Origin Enterprises Business Description

Origin Enterprises logo
Industry
Traded in Other Exchanges
Address
4-6 Riverwalk, Citywest Business Campus, Dublin, IRL, 24
Origin Enterprises PLC is an agri-service business with operations throughout Europe. It provides technologies and strategic products to support food production systems for primary food producers. The company acts as an advisor for varietal selection, nutrition, crop protection, and other techniques to improve crop performance. Fertilizers, animal feed, seeds, and other agricultural supplements are sold to enhance farming productivity. It delivers products to farms from local distribution centers, and agronomists study the timing of applications to achieve the best results for customers. Farm visitations happen throughout each year, and soil and tissue analysis is conducted to either stop deficiencies or prevent future occurrences.

Origin Enterprises Headlines

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