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. Arion Group's annualizedNet Income for the quarter that ended in Oct. 2023 was $0.02 Mil. Arion Group's average total tangible assets for the quarter that ended in Oct. 2023 was $0.12 Mil. Therefore, Arion Group's annualized Return-on-Tangible-Asset for the quarter that ended in Oct. 2023 was 13.62%.
The historical rank and industry rank for Arion Group's Return-on-Tangible-Asset or its related term are showing as below:
ARGC's Return-on-Tangible-Asset is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.9 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
Arion Group (OTCPK:ARGC) 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.
Arion Group Return-on-Tangible-Asset Related Terms
Arion Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Arion 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.
Arion Group Return-on-Tangible-Asset Competitor Comparison
For the Shell Companies subindustry, Arion 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.
Arion Group Return-on-Tangible-Asset vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Arion Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Arion Group'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 (Oct. 2023) net income data.
What does a Return-on-Tangible-Asset of 13.62% mean?
Arion Group (ARGC) has a Return-on-Tangible-Asset of 13.62% as of Oct. 2023. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Arion Group and its competitors.
Is Arion Group's Return-on-Tangible-Asset too high?
Arion Group's current Return-on-Tangible-Asset is 13.62%. The Diversified Financial Services industry median Return-on-Tangible-Asset is 0.90. Arion Group's value of 13.62% is 1413.3% above this industry median. Overall, Arion Group has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Arion Group's Return-on-Tangible-Asset compare to competitors?
Arion Group's Return-on-Tangible-Asset of 13.62% can be compared against companies in the Diversified Financial Services industry. The industry median Return-on-Tangible-Asset is 0.90. Arion Group's value of 13.62% is 1413.3% 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 Diversified Financial Services company?
The median Return-on-Tangible-Asset among Diversified Financial Services companies is 0.90, based on 561 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. Arion Group's current Return-on-Tangible-Asset of 13.62% is 1413.3% 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 Arion Group and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Asset is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arion Group's current Return-on-Tangible-Asset is 13.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arion Group stock overvalued right now?
Arion Group (ARGC) has a current Return-on-Tangible-Asset of 13.62%. The current Return-on-Tangible-Asset is 13.62% and 1413.3% above the Diversified Financial Services industry median of 0.90. Arion Group's overall GF Score™ is 39/100. 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 Arion Group (ARGC), the current Return-on-Tangible-Asset is 13.62% as of Oct. 2023. 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.
Arion Group Corp is currently a start-up company exploring various manufacturing and distribution business opportunities in the dietary ingredient and nutritional supplement industry.
39GF Score
Get the complete analysis for ARGC
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ARGC has been successfully added to your 
