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Planet Payment (Planet Payment) Return-on-Tangible-Asset : 30.24% (As of Sep. 2017)


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What is Planet Payment 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. Planet Payment's annualized Net Income for the quarter that ended in Sep. 2017 was $14.78 Mil. Planet Payment's average total tangible assets for the quarter that ended in Sep. 2017 was $48.88 Mil. Therefore, Planet Payment's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2017 was 30.24%.

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

PLPM's Return-on-Tangible-Asset is not ranked *
in the Software industry.
Industry Median: 1.22
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Planet Payment Return-on-Tangible-Asset Historical Data

The historical data trend for Planet Payment'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.

Planet Payment Return-on-Tangible-Asset Chart

Planet Payment Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.73 0.11 12.83 31.48 54.41

Planet Payment Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 28.18 190.52 10.33 15.13 30.24

Competitive Comparison of Planet Payment's Return-on-Tangible-Asset

For the Software - Infrastructure subindustry, Planet Payment'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.


Planet Payment's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Planet Payment's Return-on-Tangible-Asset distribution charts can be found below:

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



Planet Payment Return-on-Tangible-Asset Calculation

Planet Payment's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2016 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=25.072/( (38.877+53.283)/ 2 )
=25.072/46.08
=54.41 %

Planet Payment's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2017 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2017 )  (Q: Jun. 2017 )(Q: Sep. 2017 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2017 )  (Q: Jun. 2017 )(Q: Sep. 2017 )
=14.78/( (47.641+50.116)/ 2 )
=14.78/48.8785
=30.24 %

* 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 (Sep. 2017) net income data.


Planet Payment  (NAS:PLPM) 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.


Planet Payment Return-on-Tangible-Asset Related Terms

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


Planet Payment (Planet Payment) Business Description

Traded in Other Exchanges
N/A
Address
Planet Payment Inc is a provider of international payment and transaction processing and multi-currency processing services. It organizes its business operations through two segments: Multi Currency Processing Services and Payment Processing Services. Its service portfolio consists of payment processing, multi-currency processing, gateway, data analytics, and commercial transaction services. The company provides its services across the Asia-Pacific region, the Americas, the Middle East, Africa and Europe. It generates the majority of its revenue from Multi Currency Processing Services segment.
Executives
Carl J Williams director, officer: See Remarks 10 GLENLAKE PARKWAY, NORTH TOWER, ATLANTA GA 30189
Shane H. Kim director 500 E. PRATT STREET, SUITE 1200, BALTIMORE MD 21202
David L Warnock other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Jason Tagler other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Joseph T Sherman other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Camden Partners Strategic Fund Ii B Lp other: See Remarks
Camden Partners Strategic Ii Llc other: See Remarks
Camden Partners Strategic Fund Ii A Lp other: See Remarks
Camden Partners Strategic Manager, Llc other: See Remarks 500 E. PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Camden Partners Strategic Iii, Llc other: See Remarks ONE SOUTH STREET, SUITE 2150, BALTIMORE MD 21202
Camden Partners Strategic Fund Iii-a Lp other: See Remarks
Camden Partners Strategic Fund Iii Lp other: See Remarks
Donald W Hughes other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Christopher W Kersey other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Philip D Beck director C/O PLANET PAYMENT, INC., 670 LONG BEACH BOULEVARD, LONG BEACH NY 11561

Planet Payment (Planet Payment) Headlines

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