Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Frankland River Olive Co's annualizedNet Income for the quarter that ended in Dec. 2015 was A$-0.64 Mil. Frankland River Olive Co's average total tangible assets for the quarter that ended in Dec. 2015 was A$16.46 Mil. Therefore, Frankland River Olive Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2015 was -3.89%.
The historical rank and industry rank for Frankland River Olive Co's Return-on-Tangible-Asset or its related term are showing as below:
ASX:FLR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -58.44 Med: -11.31 Max: -3.68
Current: -58.44
During the past 9 years, Frankland River Olive Co's highest Return-on-Tangible-Asset was -3.68%. The lowest was -58.44%. And the median was -11.31%.
ASX:FLR's Return-on-Tangible-Asset is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 3.4
vs ASX:FLR: -58.44
Frankland River Olive Co (ASX:FLR) 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.
Frankland River Olive Co Return-on-Tangible-Asset Related Terms
Frankland River Olive Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Frankland River Olive Co'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.
Frankland River Olive Co Return-on-Tangible-Asset Chart
Frankland River Olive Co Return-on-Tangible-Asset Competitor Comparison
For the Farm Products subindustry, Frankland River Olive Co'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.
Frankland River Olive Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Frankland River Olive Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Frankland River Olive Co'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 two times the semi-annual (Dec. 2015) net income data.
What does a Return-on-Tangible-Asset of -3.89% mean?
Frankland River Olive Co (ASX:FLR) has a Return-on-Tangible-Asset of -3.89% as of Dec. 2015. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Frankland River Olive Co and its competitors.
Is Frankland River Olive Co's Return-on-Tangible-Asset too high?
Frankland River Olive Co's current Return-on-Tangible-Asset is -3.89%.
How does Frankland River Olive Co's Return-on-Tangible-Asset compare to competitors?
Frankland River Olive Co's Return-on-Tangible-Asset of -3.89% can be compared against companies in the Consumer Packaged Goods industry. The industry median Return-on-Tangible-Asset is 3.40. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.40, based on 1,993 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 Frankland River Olive Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frankland River Olive Co's current Return-on-Tangible-Asset is -3.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frankland River Olive Co stock overvalued right now?
Frankland River Olive Co (ASX:FLR) has a current Return-on-Tangible-Asset of -3.89%. The current Return-on-Tangible-Asset is -3.89%. 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 Frankland River Olive Co (ASX:FLR), the current Return-on-Tangible-Asset is -3.89% as of Dec. 2015. 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.
Frankland River Olive Co Ltd was established in 1999. The Company is engaged in growing, harvesting, processing and sale of extra virgin olive oil for Australian and international markets.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:FLR has been successfully added to your 
