The historical rank and industry rank for Athens International Airport's Return-on-Tangible-Asset or its related term are showing as below:
ATH:AIA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.55 Med: 35.25 Max: 63.23
Current: 36.53
During the past 6 years, Athens International Airport's highest Return-on-Tangible-Asset was 63.23%. The lowest was -11.55%. And the median was 35.25%.
ATH:AIA's Return-on-Tangible-Asset is ranked better than 98.61% of 1004
companies
in the Transportation industry
Industry Median: 3.975
vs ATH:AIA: 36.53
Athens International Airport Return-on-Tangible-Asset Historical Data
* 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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Athens International Airport Return-on-Tangible-Asset Chart
Competitive Comparison of Athens International Airport's Return-on-Tangible-Asset
For the Airports & Air Services subindustry, Athens International Airport'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.
Athens International Airport's Return-on-Tangible-Asset Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Athens International Airport's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Athens International Airport'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 (Dec. 2024) net income data.
Athens International Airport (ATH:AIA) 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.
Athens International Airport Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Athens International Airport's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Athens International Airport SA is a company active in the financing, construction, and operation of civil airports and related activities. As a civil airport operator, the company manages the Athens International Airport in Spata, Greece. The company's operating segments are: Air activities and Non-air activities. The maximum revenue is generated from its Air activities segment, which includes the provision at the Airport of any facilities like the landing, parking, or taking-off of aircraft; the servicing of aircraft; and the handling of passengers, among others. The Non-air activities segment represents revenues from non-air activities, mainly consisting of car parking, food and beverage, duty-free, retail shops, building/office rental, and other commercial services.
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