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Wotif.com Holdings (ASX:WTF) Return-on-Tangible-Asset : 30.15% (As of Jun. 2014)


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What is Wotif.com 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. Wotif.com Holdings's annualized Net Income for the quarter that ended in Jun. 2014 was A$41.1 Mil. Wotif.com Holdings's average total tangible assets for the quarter that ended in Jun. 2014 was A$136.3 Mil. Therefore, Wotif.com Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2014 was 30.15%.

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

ASX:WTF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 28.3   Med: 34.41   Max: 41.01
Current: 28.83

During the past 9 years, Wotif.com Holdings's highest Return-on-Tangible-Asset was 41.01%. The lowest was 28.30%. And the median was 34.41%.

ASX:WTF's Return-on-Tangible-Asset is not ranked
in the Interactive Media industry.
Industry Median: -2.22 vs ASX:WTF: 28.83

Wotif.com Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for Wotif.com 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.

Wotif.com Holdings Return-on-Tangible-Asset Chart

Wotif.com Holdings Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 39.85 33.11 33.47 29.14 28.98

Wotif.com Holdings Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.59 30.24 26.36 28.49 30.15

Competitive Comparison of Wotif.com Holdings's Return-on-Tangible-Asset

For the Internet Content & Information subindustry, Wotif.com 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.


Wotif.com Holdings's Return-on-Tangible-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Wotif.com Holdings's Return-on-Tangible-Asset distribution charts can be found below:

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



Wotif.com Holdings Return-on-Tangible-Asset Calculation

Wotif.com Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2014 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=43.184/( (171.723+126.334)/ 2 )
=43.184/149.0285
=28.98 %

Wotif.com Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2014 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2014 )  (Q: Dec. 2013 )(Q: Jun. 2014 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2014 )  (Q: Dec. 2013 )(Q: Jun. 2014 )
=41.088/( (146.182+126.334)/ 2 )
=41.088/136.258
=30.15 %

* 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 (Jun. 2014) net income data.


Wotif.com Holdings  (ASX:WTF) 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.


Wotif.com Holdings Return-on-Tangible-Asset Related Terms

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Wotif.com Holdings (ASX:WTF) Business Description

Traded in Other Exchanges
N/A
Address
Wotif.com Holdings Limited is a provider of online accommodation, activity and flight booking services in Australasia. The company represents over 19,600+ properties in more than 66 countries with its headquarters in Australia and offices in New Zealand, UK, Singapore, Thailand, Malaysia and Canada.

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