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Tyro Payments (ASX:TYR) Return-on-Tangible-Asset : 5.87% (As of Dec. 2024)


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What is Tyro Payments 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. Tyro Payments's annualized Net Income for the quarter that ended in Dec. 2024 was A$20.5 Mil. Tyro Payments's average total tangible assets for the quarter that ended in Dec. 2024 was A$349.3 Mil. Therefore, Tyro Payments's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 5.87%.

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

ASX:TYR' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.47   Med: -11.11   Max: 8.86
Current: 8.86

During the past 6 years, Tyro Payments's highest Return-on-Tangible-Asset was 8.86%. The lowest was -14.47%. And the median was -11.11%.

ASX:TYR's Return-on-Tangible-Asset is ranked better than
73.78% of 2837 companies
in the Software industry
Industry Median: 1.9 vs ASX:TYR: 8.86

Tyro Payments Return-on-Tangible-Asset Historical Data

The historical data trend for Tyro Payments'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.

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Tyro Payments Return-on-Tangible-Asset Chart

Tyro Payments Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial -14.47 -11.61 -11.11 2.06 7.81

Tyro Payments Semi-Annual Data
Jun19 Dec19 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 Premium Member Only Premium Member Only 0.74 3.17 3.16 11.77 5.87

Competitive Comparison of Tyro Payments's Return-on-Tangible-Asset

For the Software - Infrastructure subindustry, Tyro Payments'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.


Tyro Payments's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Tyro Payments's Return-on-Tangible-Asset distribution charts can be found below:

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


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Tyro Payments Return-on-Tangible-Asset Calculation

Tyro Payments'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 )
=25.705/( (304.535+353.686)/ 2 )
=25.705/329.1105
=7.81 %

Tyro Payments'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 )
=20.512/( (353.686+344.986)/ 2 )
=20.512/349.336
=5.87 %

* 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.


Tyro Payments  (ASX:TYR) 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.


Tyro Payments Return-on-Tangible-Asset Related Terms

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


Tyro Payments Business Description

Traded in Other Exchanges
N/A
Address
55 Market Street, Level 18, Sydney, NSW, AUS, 2000
Tyro Payments is an Australian financial technology company engaged in providing routing payments solutions and business banking products to merchants. The firm mainly caters to small to medium-size enterprises in the hospitality, retail and health sectors. It is also expanding its reach into the trade, accommodation and services verticals. Tyro's value propositions include extensive industry-specific solutions, ease of integration with point-of-sale systems, broad acceptance of payment types and a variety of ancillary features. Despite Tyro's historic focus on in-store sales, it is also building up online gateways to facilitate e-commerce transactions and build out a multichannel payment solution. Geographically, it operates only in Australia.

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