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Phoenix Group (ADX:PHX) Return-on-Tangible-Asset : -68.76% (As of Mar. 2025)


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What is Phoenix Group 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. Phoenix Group's annualized Net Income for the quarter that ended in Mar. 2025 was د.إ-2,256 Mil. Phoenix Group's average total tangible assets for the quarter that ended in Mar. 2025 was د.إ3,281 Mil. Therefore, Phoenix Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -68.76%.

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

ADX:PHX' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.84   Med: 39.07   Max: 39.18
Current: 15.45

During the past 3 years, Phoenix Group's highest Return-on-Tangible-Asset was 39.18%. The lowest was 8.84%. And the median was 39.07%.

ADX:PHX's Return-on-Tangible-Asset is ranked better than
95.27% of 2455 companies
in the Hardware industry
Industry Median: 2.49 vs ADX:PHX: 15.45

Phoenix Group Return-on-Tangible-Asset Historical Data

The historical data trend for Phoenix Group'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.

Phoenix Group Return-on-Tangible-Asset Chart

Phoenix Group Annual Data
Trend Dec21 Dec22 Dec23
Return-on-Tangible-Asset
8.84 39.18 39.07

Phoenix Group Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.62 30.89 54.39 71.64 -68.76

Competitive Comparison of Phoenix Group's Return-on-Tangible-Asset

For the Electronics & Computer Distribution subindustry, Phoenix Group'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.


Phoenix Group's Return-on-Tangible-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Phoenix Group's Return-on-Tangible-Asset distribution charts can be found below:

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


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Phoenix Group Return-on-Tangible-Asset Calculation

Phoenix Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=763.069/( (843.196+3062.757)/ 2 )
=763.069/1952.9765
=39.07 %

Phoenix Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Sep. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Sep. 2024 )(Q: Mar. 2025 )
=-2256.34/( (3589.185+2973.618)/ 2 )
=-2256.34/3281.4015
=-68.76 %

* 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. 2025) net income data.


Phoenix Group  (ADX:PHX) 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.


Phoenix Group Return-on-Tangible-Asset Related Terms

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


Phoenix Group Business Description

Traded in Other Exchanges
N/A
Address
No. 3412. ResCo-Work 10, 34 Floor, Al Maqam Tower, ADGM Square, Al Maryah Island, Abu Dhabi, ARE
Phoenix Group PLC is a technology conglomerate bringing blockchain solutions to an expansive market. The Group develops, operates, and manages specialized data centres, hosting class performance computing power for digital asset across the UAE, Oman, U.S. and Canada. Additionally, it also hosts, operates and maintains equipment within its existing data centres and enables investment opportunities within cloud mining. The Group is the exclusive distributor of equipment manufacturer MicroBT and prominent distributor of Digital wallet Ledgers and CoolWallets, across the Middle East. The Group has four business verticals including trading, hosting, mining and investments.