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Grupo Media Capital SGPS (XLIS:MCP) Return-on-Tangible-Asset

: 124.52% (As of Jun. 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. Grupo Media Capital SGPS's annualized Net Income for the quarter that ended in Jun. 2022 was €81.5 Mil. Grupo Media Capital SGPS's average total tangible assets for the quarter that ended in Jun. 2022 was €65.5 Mil. Therefore, Grupo Media Capital SGPS's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 was 124.52%.

The historical rank and industry rank for Grupo Media Capital SGPS's Return-on-Tangible-Asset or its related term are showing as below:

XLIS:MCP' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -59.15   Med: 12.55   Max: 67.92
Current: 67.92

During the past 13 years, Grupo Media Capital SGPS's highest Return-on-Tangible-Asset was 67.92%. The lowest was -59.15%. And the median was 12.55%.

XLIS:MCP's Return-on-Tangible-Asset is ranked better than
99.03% of 1034 companies
in the Media - Diversified industry
Industry Median: 1.43 vs XLIS:MCP: 67.92

Grupo Media Capital SGPS Return-on-Tangible-Asset Historical Data

The historical data trend for Grupo Media Capital SGPS'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.

Grupo Media Capital SGPS Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.05 24.41 -59.15 -11.39 -4.88

Grupo Media Capital SGPS Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -31.67 7.38 -20.62 12.65 124.52

Competitive Comparison

For the Entertainment subindustry, Grupo Media Capital SGPS'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.

   

Grupo Media Capital SGPS Return-on-Tangible-Asset Distribution

For the Media - Diversified industry and Communication Services sector, Grupo Media Capital SGPS's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Grupo Media Capital SGPS's Return-on-Tangible-Asset falls in comparison to its industry or sector. The grey bar indicates the Return-on-Tangible-Asset's extreme value range as defined by GuruFocus.



Grupo Media Capital SGPS Return-on-Tangible-Asset Calculation

Grupo Media Capital SGPS'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 )
=-4.08/( (96.285+71.088)/ 2 )
=-4.08/83.6865
=-4.88 %

Grupo Media Capital SGPS's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Dec. 2021 )(Q: Jun. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Dec. 2021 )(Q: Jun. 2022 )
=81.516/( (71.088+59.838)/ 2 )
=81.516/65.463
=124.52 %

* 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 (Jun. 2022) net income data.


Grupo Media Capital SGPS  (XLIS:MCP) 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.


Grupo Media Capital SGPS Return-on-Tangible-Asset Related Terms

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


Grupo Media Capital SGPS (XLIS:MCP) Business Description

Grupo Media Capital SGPS logo
Traded in Other Exchanges
N/A
Address
Rua Mário Castelhano, No. 40, Queluz de Baixo, Barcarena, PRT, 2734-502
Grupo Media Capital SGPS SA is a Portugal-based company engaged in the media industry. Group through its subsidiaries is engaged in broadcasting and producing television programs, music publishing, distribution of movie rights, Internet advertising and creation of Websites. Business activity is functioned through Portugal, Spain, and Latin America. It operates through various segment which are Television, Audiovisual Production and Radio and it derives the majority of the revenue from Television sector.

Grupo Media Capital SGPS (XLIS:MCP) Headlines

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