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MAAS Group Holdings (ASX:MGH) Return-on-Tangible-Asset : 4.37% (As of Dec. 2024)


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What is MAAS Group Holdings 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. MAAS Group Holdings's annualized Net Income for the quarter that ended in Dec. 2024 was A$62.7 Mil. MAAS Group Holdings's average total tangible assets for the quarter that ended in Dec. 2024 was A$1,435.3 Mil. Therefore, MAAS Group Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 4.37%.

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

ASX:MGH' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.05   Med: 7.62   Max: 9.86
Current: 5.05

During the past 5 years, MAAS Group Holdings's highest Return-on-Tangible-Asset was 9.86%. The lowest was 5.05%. And the median was 7.62%.

ASX:MGH's Return-on-Tangible-Asset is ranked better than
65.88% of 1738 companies
in the Construction industry
Industry Median: 2.695 vs ASX:MGH: 5.05

MAAS Group Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for MAAS Group Holdings'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.

MAAS Group Holdings Return-on-Tangible-Asset Chart

MAAS Group Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
- 8.90 9.86 6.34 5.46

MAAS Group Holdings Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.88 7.06 5.26 5.76 4.37

Competitive Comparison of MAAS Group Holdings's Return-on-Tangible-Asset

For the Engineering & Construction subindustry, MAAS Group Holdings'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.


MAAS Group Holdings's Return-on-Tangible-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, MAAS Group Holdings's Return-on-Tangible-Asset distribution charts can be found below:

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


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MAAS Group Holdings Return-on-Tangible-Asset Calculation

MAAS Group Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=72.958/( (1265.699+1408.164)/ 2 )
=72.958/1336.9315
=5.46 %

MAAS Group Holdings'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 )
=62.652/( (1408.164+1462.406)/ 2 )
=62.652/1435.285
=4.37 %

* 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.


MAAS Group Holdings  (ASX:MGH) 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.


MAAS Group Holdings Return-on-Tangible-Asset Related Terms

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MAAS Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
20L Sheraton Road, Dubbo, NSW, AUS, 2830
MAAS Group Holdings Ltd is an industrial service and real estate business with exposure across the property, civil, infrastructure, renewable energy, and mining sectors. The company's operating segments include Construction Materials; Residential Real Estate; Civil, Construction and Hire; Commercial Real Estate; Manufacturing; and Others. It generates maximum revenue from the Construction Materials segment which provides various services like supply of quarry materials to construction projects, mobile crushing and screening for quarries, civil works and mining, geotechnical services, asphalt services, and quarry excavation services. Geographically, the company's customers are located across Australia, Vietnam, Indonesia, Mongolia, Papua New Guinea, and New Zealand.

MAAS Group Holdings Headlines

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