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Berg Holding (WAR:BRH) Return-on-Tangible-Asset : 2.50% (As of Mar. 2023)


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What is Berg Holding 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. Berg Holding's annualized Net Income for the quarter that ended in Mar. 2023 was zł1.24 Mil. Berg Holding's average total tangible assets for the quarter that ended in Mar. 2023 was zł49.47 Mil. Therefore, Berg Holding's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2023 was 2.50%.

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

WAR:BRH's Return-on-Tangible-Asset is not ranked *
in the Real Estate industry.
Industry Median: 1.17
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Berg Holding Return-on-Tangible-Asset Historical Data

The historical data trend for Berg Holding'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.

Berg Holding Return-on-Tangible-Asset Chart

Berg Holding Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.09 34.23 2.28 1.75 0.97

Berg Holding Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
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 14.50 -3.74 -10.30 -61.23 2.50

Competitive Comparison of Berg Holding's Return-on-Tangible-Asset

For the Real Estate Services subindustry, Berg Holding'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.


Berg Holding's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Berg Holding's Return-on-Tangible-Asset distribution charts can be found below:

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



Berg Holding Return-on-Tangible-Asset Calculation

Berg Holding's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=0.7/( (77.868+66.03)/ 2 )
=0.7/71.949
=0.97 %

Berg Holding's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2023 )  (Q: Sep. 2022 )(Q: Mar. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2023 )  (Q: Sep. 2022 )(Q: Mar. 2023 )
=1.236/( (52.805+46.138)/ 2 )
=1.236/49.4715
=2.50 %

* 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 (Mar. 2023) net income data.


Berg Holding  (WAR:BRH) 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.


Berg Holding Return-on-Tangible-Asset Related Terms

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Berg Holding (WAR:BRH) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Moniuszki 10/1, Katowice, POL, 40-005
Berg Holding SA is engaged in buying tenement houses in the Silesian cities. The company makes the general renovation of buildings and prepares ready-made turnkey apartments for buying and leasing.

Berg Holding (WAR:BRH) Headlines

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