AAS (Antharas) Return-on-Tangible-Asset: 2.15% (As of Dec. 2024)


What is Antharas Return-on-Tangible-Asset?

Antharas AAS Return-on-Tangible-Asset is 2.15% as of Dec. 2024.

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. Antharas's annualized Net Income for the quarter that ended in Dec. 2024 was $0.50 Mil. Antharas's average total tangible assets for the quarter that ended in Dec. 2024 was $23.04 Mil. Therefore, Antharas's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 2.15%.

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

AAS's Return-on-Tangible-Asset is not ranked *
in the Real Estate industry.
Industry Median: 1.745
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Antharas  (NAS:AAS) 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.


Antharas Return-on-Tangible-Asset Related Terms


Antharas Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Antharas'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.

Antharas Return-on-Tangible-Asset Chart

Antharas Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
2.18 3.91 9.36 0.10

Antharas Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial 0.00 9.77 9.01 -1.76 2.15

AAS vs : Return-on-Tangible-Asset Comparison

For the Real Estate - Development subindustry, Antharas'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.


Antharas Return-on-Tangible-Asset vs Real Estate Industry

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

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



Antharas Return-on-Tangible-Asset Calculation

Antharas's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=0.023/( (26.627+21.26)/ 2 )
=0.023/23.9435
=0.10 %

Antharas's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=0.496/( (24.818+21.26)/ 2 )
=0.496/23.039
=2.15 %

* 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 (Dec. 2024) net income data.

What does a Return-on-Tangible-Asset of 2.15% mean?
Antharas (AAS) has a Return-on-Tangible-Asset of 2.15% as of Dec. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Antharas and its competitors.
Is Antharas' Return-on-Tangible-Asset too high?
Antharas' current Return-on-Tangible-Asset is 2.15%. The Real Estate industry median Return-on-Tangible-Asset is 1.75. Antharas' value of 2.15% is 23.2% above this industry median.
How does Antharas' Return-on-Tangible-Asset compare to ?
Antharas' Return-on-Tangible-Asset of 2.15% can be compared against companies in the Real Estate industry. The industry median Return-on-Tangible-Asset is 1.75. Antharas' value of 2.15% is 23.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.75, based on 1,800 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antharas's current Return-on-Tangible-Asset of 2.15% is 23.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Antharas and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antharas's current Return-on-Tangible-Asset is 2.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antharas stock overvalued right now?
Antharas (AAS) has a current Return-on-Tangible-Asset of 2.15%. The current Return-on-Tangible-Asset is 2.15% and 23.2% above the Real Estate industry median of 1.75. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Antharas (AAS), the current Return-on-Tangible-Asset is 2.15% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Antharas Business Description

Comparable Companies
Address 140, Jalan Maarof, Bangsar, Kuala Lumpur, MYS, 59100
Antharas Inc is a full-service community property developer based in Kuala Lumpur, Malaysia which manages all aspects of real estate development and offers a comprehensive range of services to its clients. It is involved in every stage of real estate development and its services encompass the entire lifecycle of the development and commercialization of this property, including from the initial conception and planning to overseeing construction, managing sales, and providing property management services.