What is Seven & i Holdings Co 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. Seven & i Holdings Co's annualizedNet Income for the quarter that ended in Feb. 2024 was 円169,844 Mil. Seven & i Holdings Co's average total tangible assets for the quarter that ended in Feb. 2024 was 円8,418,279 Mil. Therefore, Seven & i Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2024 was 2.02%.
The historical rank and industry rank for Seven & i Holdings Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3382'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.95 Med: 3.48 Max: 4.13
Current: 2.7
During the past 13 years, Seven & i Holdings Co's highest Return-on-Tangible-Asset was 4.13%. The lowest was 1.95%. And the median was 3.48%.
TSE:3382's Return-on-Tangible-Asset is ranked worse than 59.68% of 315
companies
in the Retail - Defensive industry
Industry Median: 3.75
vs TSE:3382: 2.70
Seven & i Holdings Co Return-on-Tangible-Asset Historical Data
The historical data trend for Seven & i Holdings Co'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.
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Seven & i Holdings Co Return-on-Tangible-Asset Chart
Competitive Comparison of Seven & i Holdings Co's Return-on-Tangible-Asset
For the Grocery Stores subindustry, Seven & i Holdings Co'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.
Seven & i Holdings Co's Return-on-Tangible-Asset Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Seven & i Holdings Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Seven & i Holdings Co's Return-on-Tangible-Asset falls into.
Seven & i Holdings Co Return-on-Tangible-Asset Calculation
Seven & i Holdings Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Feb. 2024 is calculated as:
* 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 (Feb. 2024) net income data.
Seven & i Holdings Co (TSE:3382) 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 companys 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 companys 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.
Seven & i Holdings Co Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Seven & i Holdings Co's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Seven & i Holdings Co (TSE:3382) Business Description
Seven & i Holdings operates 7-Eleven, the world's largest convenience store chain, with nearly 72,000 stores globally. C-store operations, mainly in Japan and North America, represent 75% of group sales (54% of operating revenue) and nearly 85% of operating profits. 7-Eleven Japan, the market leader in Japan's C-store industry, has acquired 45% value share and 38% share in store count. 7-Eleven Inc., the largest C-store chain in the U.S., made a $21 billion acquisition of Speedway in 2020. The deal lifted its total store count to about 13,700. Other retail activities including superstores, department stores, and specialty retailers either earn low margins or are in the red. The financial business, mainly ATM operations, is the other key profit contributor.
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