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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. AGBA Group Holding's annualizedNet Income for the quarter that ended in Jun. 2024 was $-45.48 Mil. AGBA Group Holding's average total tangible assets for the quarter that ended in Jun. 2024 was $75.20 Mil. Therefore, AGBA Group Holding's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was -60.48%.
The historical rank and industry rank for AGBA Group Holding's Return-on-Tangible-Asset or its related term are showing as below:
AGBAW'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -58.64 Med: -24.46 Max: 64.43
Current: -58.22
During the past 4 years, AGBA Group Holding's highest Return-on-Tangible-Asset was 64.43%. The lowest was -58.64%. And the median was -24.46%.
AGBAW's Return-on-Tangible-Asset is not ranked
in the Asset Management industry.
Industry Median: 4.68
vs AGBAW: -58.22
AGBA Group Holding (NAS:AGBAW) 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.
AGBA Group Holding Return-on-Tangible-Asset Related Terms
AGBA Group Holding Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for AGBA Group 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.
AGBAW vs SDIG, SWIN, BTM: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, AGBA Group 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.
AGBA Group Holding Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, AGBA Group Holding's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where AGBA Group Holding's Return-on-Tangible-Asset falls into.
* 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 (Jun. 2024) net income data.
What does a Return-on-Tangible-Asset of -60.48% mean?
AGBA Group Holding (AGBAW) has a Return-on-Tangible-Asset of -60.48% as of Jun. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on AGBA Group Holding and its competitors.
Is AGBA Group Holding's Return-on-Tangible-Asset too high?
AGBA Group Holding's current Return-on-Tangible-Asset is -60.48%. Overall, AGBA Group Holding has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does AGBA Group Holding's Return-on-Tangible-Asset compare to SDIG and SWIN?
AGBA Group Holding's Return-on-Tangible-Asset of -60.48% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Asset is 4.68. 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.68, based on 1,618 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. 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 AGBA Group Holding and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AGBA Group Holding's current Return-on-Tangible-Asset is -60.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGBA Group Holding stock overvalued right now?
AGBA Group Holding (AGBAW) has a current Return-on-Tangible-Asset of -60.48%. The current Return-on-Tangible-Asset is -60.48%. AGBA Group Holding's overall GF Score™ is 14/100 with 7 warning signs to review. 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 AGBA Group Holding (AGBAW), the current Return-on-Tangible-Asset is -60.48% as of Jun. 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.
AGBA Group Holding Ltd provides healthcare, wellness, financial advisory, and fintech services. The group is organized into four divisions: Platform, Distribution, Healthcare, and Fintech. The AGBA platform helps individual and corporate customers with financial, medical, and healthcare service options. The AGBA is an omnichannel one-stop financial business solution platform that offers financial services, expands business opportunities, and enhances business productivity to licensed financial advisors, licensed brokers, and licensed financial institutions.
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