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L V Technology PCL (BKK:LVT-R) Return-on-Tangible-Asset : 0.20% (As of Dec. 2016)


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What is L V Technology PCL 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. L V Technology PCL's annualized Net Income for the quarter that ended in Dec. 2016 was ฿2.7 Mil. L V Technology PCL's average total tangible assets for the quarter that ended in Dec. 2016 was ฿1,303.9 Mil. Therefore, L V Technology PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2016 was 0.20%.

The historical rank and industry rank for L V Technology PCL's Return-on-Tangible-Asset or its related term are showing as below:

BKK:LVT-R' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -19.5   Med: -1.05   Max: 22.21
Current: -10.26

During the past 13 years, L V Technology PCL's highest Return-on-Tangible-Asset was 22.21%. The lowest was -19.50%. And the median was -1.05%.

BKK:LVT-R's Return-on-Tangible-Asset is not ranked
in the Construction industry.
Industry Median: 2.66 vs BKK:LVT-R: -10.26

L V Technology PCL Return-on-Tangible-Asset Historical Data

The historical data trend for L V Technology PCL'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.

L V Technology PCL Return-on-Tangible-Asset Chart

L V Technology PCL Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.34 -8.08 -10.65 1.11 0.20

L V Technology PCL Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
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 -16.34 -8.08 -10.65 1.11 0.20

Competitive Comparison of L V Technology PCL's Return-on-Tangible-Asset

For the Engineering & Construction subindustry, L V Technology PCL'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.


L V Technology PCL's Return-on-Tangible-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, L V Technology PCL's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where L V Technology PCL's Return-on-Tangible-Asset falls into.


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L V Technology PCL Return-on-Tangible-Asset Calculation

L V Technology PCL's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2016 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=2.661/( (1402.732+1205.077)/ 2 )
=2.661/1303.9045
=0.20 %

L V Technology PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2016 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2016 )  (Q: Dec. 2015 )(Q: Dec. 2016 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2016 )  (Q: Dec. 2015 )(Q: Dec. 2016 )
=2.661/( (1402.732+1205.077)/ 2 )
=2.661/1303.9045
=0.20 %

* 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 one times the annual (Dec. 2016) net income data.


L V Technology PCL  (BKK:LVT-R) 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.


L V Technology PCL Return-on-Tangible-Asset Related Terms

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L V Technology PCL Business Description

Traded in Other Exchanges
N/A
Address
Rama 9 Road, 719 KPN Tower Building, 9th Floor, Bangkapi, Huaykwang, Bangkok, THA, 10310
L V Technology PCL is a provider of engineering services. The company's engineering services include designing and development, to improve the operation efficiency of machinery and equipment for the cement industry and related industries. Its cement plant modifications include vertical mills, bail mills, pre-heater, kiln and cooler upgrades and complete cement manufacturing plant. The company's operations are held domestically and overseas across America and Asia.

L V Technology PCL Headlines

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